Clipped from: https://www.thehindubusinessline.com/opinion/global-trade-runs-into-choppy-waters/article35546658.ece The spike in container freight rates smacks of top shipping lines exploiting the market with their oligopolistic power A shipowner tries to fix
Month: July 2021
The forex bonanza is not a cause for celebration – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/the-forex-bonanza-is-not-a-cause-for-celebration/article35545913.ece Portfolio investment zoomed from $1.4 billion in 2019-20 to $36.1 billion in 2020-21 – REUTERS Portfolio investment zoomed from $1.4 billion in 2019-20
All you wanted to know about collateral margin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article35545981.ece The Securities and Exchange Board of India (SEBI) came up with a fresh circular last week to strengthen the collateral margin reporting mechanism
HDFC Bank launches up to Rs 10 lakh overdraft facility for shopkeepers, merchants to ease cash crunch – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-hdfc-bank-launches-up-to-rs-10-lakh-overdraft-facility-for-shopkeepers-merchants-to-ease-cash-crunch/2298139/ Credit and Finance for MSMEs: HDFC Bank will approve an overdraft limit from a minimum of Rs 50,000 to a maximum of Rs
Govt says 16,527 companies struck off during April 2020-June 2021 period – The Financial Express
Clipped from: https://www.financialexpress.com/industry/govt-says-16527-companies-struck-off-during-april-2020-june-2021-period/2297962/ In written replies, the minister said that terms ‘shut down’ or ‘closed unit’ or ‘corporate unit’ are not defined under the Act. Under
Loans worth Rs 1.34 lakh crore to real estate sector under severe stress: Anarock – The Financial Express
Clipped from: https://www.financialexpress.com/industry/loans-worth-rs-1-34-lakh-crore-to-real-estate-sector-under-severe-stress-anarock/2298120/ “$18 billion (or 18%) of the overall lending to Indian real estate is under severe stress, implying that there has been high leveraging
Covid 2nd wave to have more lasting damage on Indian economy, exports key for recovery: Moody’s Analytics – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/covid-2nd-wave-to-have-more-lasting-damage-on-indian-economy-exports-key-for-recovery-moodys-analytics/articleshow/84761874.cmsSynopsis In its report titled ‘APAC Economic Outlook: The Delta Roadblock’, it said that social distancing is weighing on the current quarter but economic
IBC: 5 Years of IBC: Insolvency law has helped improve recoveries, but delays disappoint – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/5-years-of-ibc-insolvency-law-has-helped-improve-recoveries-but-delays-disappoint/articleshow/84740887.cmsSynopsis This May, the Insolvency and Bankruptcy Code (IBC) completed five years since it was passed by Parliament. It was a law envisaged to
UK High Court declares Vijay Mallya bankrupt for Indian banks to realise debt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/uk-high-court-declares-vijay-mallya-bankrupt-for-indian-banks-to-realise-debt/articleshow/84762670.cmsSynopsis “As at 15.42 [UK time], I adjudicate Dr Mallya bankrupt,” Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling
investment: 5 investment strategies that can help you avoid tax legally, improve your investment returns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/5-investment-strategies-that-can-help-you-avoid-tax-legally-improve-your-investment-returns/articleshow/84703486.cms SynopsisEarning higher returns is not in the hands of investors. However, they can take steps to minimise their tax outgo. In this cover
What to do if you have defaulted on a home loan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/what-to-do-if-you-have-defaulted-on-a-home-loan/articleshow/84704041.cmsSynopsis In case the bank decides to name the borrowers as defaulters, it will then send a full and final 60 days’ notice under
Mastercard ban: RBI seeks action plan from banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/mastercard-ban-rbi-seeks-action-plan-from-banks/articleshow/84744882.cmsSynopsis The Reserve Bank of India has also reached out to various lenders on the problems being faced by the broader banking system after
Revitalizing MSME financing: COVID and beyond – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/revitalizing-msme-financing-covid-and-beyond/articleshow/84700269.cmsSynopsis Although the pandemic has affected firms of all sizes, but SMEs have been more vulnerable. Access to finance is a key constraint to
The new moneylenders! Not just banks, look who is into lending money online now – The Financial Express
Clipped from: https://www.financialexpress.com/money/the-new-moneylenders-not-just-banks-look-who-is-into-lending-money-online-now/2297761/ The new moneylenders are smart. They are millennials, not banks, armed not with complex rule books but gadgets – smartphones or computers –
Top things you should know before co-applying for a home loan – The Financial Express
Clipped from: https://www.financialexpress.com/money/top-things-you-should-know-before-co-applying-for-a-home-loan/2297717/ It is important to understand whether one should apply for a home loan with a co-applicant or as the sole applicant. Co-applicants can
Mortgage Loan: Default risk and pre-payment speed – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-mortgage-loan-default-risk-and-pre-payment-speed/2296635/ The most uncertain part of a mortgage loan is the rate of pre-payment The most uncertain part of a mortgage loan is the
Suraksha ARC promises to restart stalled Jaypee Infra projects soon | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/suraksha-arc-promises-to-restart-stalled-jaypee-infra-projects-soon-121072600691_1.html Will infuse working capital funds, deploy a new tech team to revive stalled work; plans to collect dues from home buyers and monetise
Pegasus impact: Loss to Indian Republic and government is much greater | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/pegasus-impact-loss-to-indian-republic-and-government-is-much-greater-121072600100_1.html Just the fear of intrusive surveillance can have disastrous consequences for India’s democratic functioning. Even if it was a legitimate intelligence gathering operation,
Govt is in consolidation mode, trying to make the old policies work | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govt-is-in-consolidation-mode-trying-to-make-the-old-policies-work-121072600249_1.html Making new policies work is 100 times harder in India than making new policies If you have been a journalist in Delhi, even
Money changer: The Hindu Editorial on need for an official digital currency – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/money-changer-the-hindu-editorial-on-need-for-an-official-digital-currency/article35529055.ece?homepage=true India needs to move forward on introducing an official digital currency In contrast to India’s continued ambiguity over the legality of cryptocurrencies, its stance