Clipped from: https://www.financialexpress.com/opinion/reimagining-credit-for-msme-borrowers/2324422/ The question of “Am I creditworthy?” is changing to “Who can understand my creditworthiness?” This technology-driven transition is visible in every step of
Month: September 2021
Forms for exemption from I-T returns for senior citizens of 75 years & above notified – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/forms-for-exemption-from-i-t-returns-for-senior-citizens-of-75-years-above-notified/2324350/ Such exemption from ITR filing would be available only in case where the interest income is earned in the same bank where pension
Transparency push: No more arm-twisting by banks for lockers – The Financial Express
Clipped from: https://www.financialexpress.com/money/transparency-push-no-more-arm-twisting-by-banks-for-lockers/2323588/ Banks can only obtain from customers a time deposit that covers three years’ rent and charges for breaking open the locker Also, customers
PLI Schemes: Chinese firms to be let in; MeitY assures industry that supply chains won’t be disrupted, other ministries to follow suit – The Financial Express
Clipped from: https://www.financialexpress.com/industry/pli-schemes-chinese-firms-to-be-let-in-meity-assures-industry-that-supply-chains-wont-be-disrupted-other-ministries-to-follow-suit/2324472/ Though the assurance has been given by the ministry of electronics and IT to the hardware industry executives, who had made a representation
Indians embrace digital: Over 300 mn smartphone users use digital payments | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/indians-embrace-digital-over-300-mn-smartphone-users-use-digital-payments-121090500826_1.html From ‘tankhwa’ and ‘kiraya’, for ‘shagun’ and ‘jugaad’, digital payment is a pan-India habit More than 300 mn Indian smartphone users now use
As Covid cases recede, firms offer return gifts to get staff back to office | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/as-covid-cases-recede-firms-offer-return-gifts-to-get-staff-back-to-office-121090500925_1.html THE CARROT: Relocation allowance, flexible timings, daily breaks for personal matters Retention is a big worry for Indian firms, too. In recent months,
Top five digital brokers corner over half of industry’s active client base | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/top-five-digital-brokers-corner-over-half-of-industry-s-active-client-base-121090600028_1.html Despite breakneck growth, not all brokers are consistently churning out a profit The average revenue per user of digital brokers lags that of
Tie-ups like Equitas-Google Pay can significantly disrupt payments sector | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tie-ups-like-equitas-google-pay-can-significantly-disrupt-payments-sector-121090500807_1.html With Covid-19 putting the brakes on bank lending, fintech players have begun to give banks serious competition Imaging: Ajay Mohanty The Indian financial sector went
Public sector banks and corporate governance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/public-sector-banks-and-corporate-governance-121090500859_1.html Ten out of 11 nationalised banks don’t have a chairman. Most bank boards don’t have adequate number of non-official directors Last week, Shanti
China bogey hits exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/china-bogey-hits-exports/article36301309.ece?homepage=true Shutdown of a few Chinese ports has a spiral effect on Kerala shipments The recent shut-down of some of the Chinese ports following
Securing labour – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/e-shram-registration-if-implemented-well-can-enhance-social-security-cover-for-unorganised-sector/article36307414.ece?homepage=true Migrant workers are most vulnerable and fall through the cracks – GIRI KVS Migrant workers are most vulnerable and fall through the cracks
Should those above 65 go for the National Pension System? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/should-those-above-65-years-go-for-the-national-pension-system/article36291126.ece?homepage=true The logic for investing may be very different for those over 65 years of age The Pension Fund Regulatory and Development Authority (PFRDA)
Why tax transparency report enhances value – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/why-tax-transparency-report-enhances-value/article36302051.ece?homepage=true Stakeholders’ growing demand for tax info from MNCs necessitate the maintenance of maximum standards of tax transparency Global tax environment has entered a
Beware! Employees of popular apps have access to your data – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/variety/beware-employees-of-popular-apps-have-access-to-your-data/article36308663.ece?homepage=true Chennai-based finance professional Karthika G was shocked when a senior Swiggy employee jokingly told her that he could easily access her address from
Siva Industries’ promoter appeals against liquidation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/c-sivasankaran-files-appeal-against-order-on-siva-industries-liquidation/article36301403.ece?homepage=true C. Sivasankaran – Bijoy Ghosh C. Sivasankaran – Bijoy Ghosh× Matter listed for hearing in NCLAT on Monday Serial entrepreneur C Sivasankaran, promoter
Dutch firm Van Oord takes Dredging Corp to NCLT over ₹93.12 crore unpaid dues – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/dutch-firm-van-oord-takes-dredging-corp-to-nclt-to-recover-unpaid-dues/article36301803.ece?homepage=true The unpaid dues relate to a sub-contracting deal between DCI and Van Oord at JNPT Dredging contractor Van Oord India Pvt Ltd has
Payments Banks want RBI to hike max day end deposit balance to ₹5 lakh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/payments-banks-want-rbi-to-hike-max-day-end-deposit-balance-to-5-lakh/article36301530.ece?homepage=true Payments Banks (PBs) want the Reserve Bank of India (RBI) to up the maximum end of the day balance a customer can maintain
Madhya Pradesh High Court stays RBI notification on UCBs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/madhya-pradesh-high-court-stays-rbi-notification-on-ucbs/article36309886.ece?homepage=true Petitioner argued that the RBI’s order ‘lacks authority’; more pleas likely in courts The Reserve Bank of India (RBI) may need to introspect
bibek debroy: I expect real growth to be at least 11 per cent this year: Bibek Debroy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/i-expect-real-growth-to-be-at-least-11-this-year-bibek-debroy/articleshow/85932302.cmsSynopsis “Consider the vaccination numbers India has achieved till the end of August 2021. Not very long ago, international media had said such targets
Corporations want to retain large office spaces, data shows – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/corporations-want-to-retain-large-office-spaces-data-shows/articleshow/85943347.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Several large deals that were concluded recently point to the fact that corporations still want to retain large office spaces in key office
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