Clipped from: https://www.business-standard.com/article/opinion/ford-leaves-india-prompting-question-about-capital-intensity-and-industry-121091300213_1.html The higher the capital intensity the fewer the number of companies an industry is able to support. How many producers can an industry
Day: September 13, 2021
Extension of due date brings no relief to assessees – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/extension-of-due-date-brings-no-relief-to-assessees/article36420636.ece?homepage=true Delay in payments to attract interest up to2 per cent; experts call for change in norms Extension of the due date for filing
Things to keep in mind while filing your income tax return this year | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/things-to-keep-in-mind-while-filing-your-income-tax-return-this-year-121091000765_1.html Ensure you file your returns ahead of time, in case you need to make changes The taxpayer needs to report all his bank
New vistas for Indian banks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/new-vistas-for-indian-banks-121091300026_1.html As low credit offtake dents earning, Indian banks are exploring fresh avenues to lend. This is the only way to avoid mispricing of
Bank loans to NBFCs grow slower as credit to small lenders dries up – The Financial Express
Clipped from: https://www.financialexpress.com/industry/bank-loans-to-nbfcs-grow-slower-as-credit-to-small-lenders-dries-up/2328866/ Credit outstanding to non-bank lenders has been growing in the low single digits through much of the current year, with banks’ NBFC book
Restored normalcy in PSU banks hamstrung by sticky bad assets: Finance minister Nirmala Sitharaman – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/restored-normalcy-in-psu-banks-hamstrung-by-sticky-bad-assets-finance-minister-nirmala-sitharaman/2328886/ The Centre, apart from infusing required capital, monitored the PSU banks with regular assessment and reviews while taking prompt corrective actions. She said
Aluminum industry frets that its supply snarls have just begun – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/aluminum-industry-frets-that-its-supply-snarls-have-just-begun/articleshow/86157469.cmsSynopsis Global supply chains, with container shipping as their backbone, are struggling to keep pace with the demand for goods and overcome labor disruptions
Liquidation as “going concern” gains traction – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/liquidation-as-going-concern-gains-traction/articleshow/86141205.cmsSynopsis The Ahmedabad chapter of the National Company Law Tribunal (NCLT) last week passed an order clearing the liquidation of an insolvent company, PSL
Cryptos may revolutionise micro payments, but we are not there yet, says Raghuram Rajan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/cryptos-may-revolutionise-micro-payments-but-we-are-not-there-yet-says-raghuram-rajan/articleshow/86137933.cmsSynopsis The former RBI governor said the notion that cryptocurrencies are more reliable than fiat currencies was a little overstretched. There is a limited