Clipped from: https://www.thehindubusinessline.com/money-and-banking/iba-welcomes-proposed-staff-accountability-norms/article37271151.ece?homepage=true Revised norms from April 1, 2022, a morale booster, says the association Our Bureau The Finance ministry’s decision to ask Public Sector Banks (PSBs)
Month: October 2021
Taking a closer look at money supply – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/taking-a-closer-look-at-money-supply/article37270351.ece?homepage=true For an understanding of inflation, observing money supply growth as opposed to just reserve money growth, is very important Milton Friedman said in
What you learn from IRCTC’s dizzying journey – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/what-you-learn-from-irctcs-dizzying-journey/article37254488.ece?homepage=true The recent episode shows why even seasoned investors are very choosy about fancied PSU stocks Stocks of Public Sector Undertakings (PSUs) in India
Why gold loans continue to glitter in these trying times – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/why-gold-loans-continue-to-glitter-in-these-trying-times/article37268187.ece?homepage=true As economy unlocks, micro enterprises, individuals are turning to gold loans for working capital, personal needs Gold accounts for a large proportion of
Rise in import of copper in recent times great concern for govt:, says NITI Aayog member V K Saraswat – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/rise-in-import-of-copper-in-recent-times-great-concern-for-govt-says-niti-aayog-member-v-k-saraswat-310956-2021-10-31 During a meeting held under the chairmanship of Saraswat this month on copper issues, the Niti Aayog member underlined the importance of the
How to make MSMEs credit ready through supply chain financing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-to-make-msmes-credit-ready-through-supply-chain-financing/articleshow/87388836.cmsSynopsis Over 70% of the funds needed by small business is in the form of working capital. The current set of loan products offered
Bank ownership in hands of corporates not desirable: ex-SBI chairman Rajnish Kumar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-ownership-in-hands-of-corporates-not-desirable-ex-sbi-chairman-rajnish-kumar/articleshow/87403225.cmsSynopsis Allowing corporates to own banks in the country is not desirable due to the likely risks of related party transactions, former State Bank
The money one needs to shell out to become a doctor in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/education/the-money-one-needs-to-shell-out-to-become-a-doctor-in-india/articleshow/87389789.cmsSynopsis Prime Minister Modi inaugurated nine medical colleges in Uttar Pradesh this week. This is a drop in the ocean, though; all put together
Can there be a wrong nominee for your investments, financial assets? – Who is the right nominee and who isn’t? | The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/can-there-be-a-wrong-nominee-for-your-investments-financial-assets/who-is-the-right-nominee-and-who-isnt/slideshow/87205515.cms 2/7 When nominee and actual heir are different Sometimes the person one nominates to receive money from his/her fixed deposit is not the
How to transfer immovable property via these 8 estate planning instruments – The Economic Times Video | ET Now
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/how-to-transfer-immovable-property-via-these-8-estate-planning-instruments/videoshow/87366961.cms In this video, we tell you the various ways of transferring immovable property with the pros and cons of each method. These can
Income Tax on Diwali, Dhanteras 2021 Festival Gifts Received from Parents, Son, Daughter, Friends, Family, Relatives Explained | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-on-diwali-dhanteras-festival-gifts-received-from-parents-son-daughter-family-friends-in-2021-explained/2357631/ Income Tax on gifts received from parents, son, daughter, friends, family, relatives: Not many of us are aware that some of the gifts
I-T dept enables tax audit utility form for FY’20, FY’21 – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/i-t-dept-enables-tax-audit-utility-form-for-fy20-fy21/2357656/ The last date for filing the tax audit report for the 2020-21 fiscal is January 15, 2022. For fiscal 2019-20 i.e. AY 2020-21,
Challenges of Cashless Health Insurance – All you need to know – The Financial Express
Clipped from: https://www.financialexpress.com/money/challenges-of-cashless-health-insurance-all-you-need-to-know/2358716/ The coverage offered by these policies helps one overcome the expenses that otherwise would have to be paid out of their pocket. These
Health insurance: Tips for buying health plan for senior citizens – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/health-insurance-tips-for-buying-health-plan-for-senior-citizens/2358879/ Look for medical insurance with the shortest waiting period and minimum number of diseases under this period Purchase those plans where the long-life
At least 40 cr individuals don’t have any financial protection for health: Niti Aayog – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/at-least-40-cr-individuals-dont-have-any-financial-protection-for-health-niti-aayog/2359706/ According to the report, the missing middle predominantly constitutes the self-employed (agriculture and non-agriculture) informal sector in rural areas, and a broad array
‘Permissible unless prohibited’ is the position of the law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/permissible-unless-prohibited-is-the-position-of-the-law/article36813086.ece National Company Law Tribunal allowing conversion of equity shares into preference shares is laudable Paving way for corporates to give structured exit to
Does Section 34 of Arbitration Act give a Court power to modify the Arbitral Award? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/does-section-34-of-arbitration-act-give-a-court-power-to-modify-the-arbitral-award/article37048245.ece The Arbitration & Conciliation Act, 1940, gave powers to Indian courts under Section 15 and 16 to modify the Arbitral Awards The conundrum
Courtroom: No sadism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/courtroom-no-sadism/article37048297.ece In a recent case, the Supreme Court held that a director of a company could not be “vicariously” held liable for criminal offences
Legitimate tax planning not taboo – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/legitimate-tax-planning-not-taboo/article37048314.ece Officials often disregard transactions, terming them as tax evasion in the guise of tax planning Tax planning and tax avoidance have always been
A dairy man’s arduous journey to prosperity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/books/reviews/business-economy/a-dairy-mans-arduous-journey-to-prosperity/article37066461.ece Broke to Breakthrough: The Rise of India’s Largest Private Dairy Company; By Harish Damodaran; Publisher: Penguin Viking; Pages: 128; Price: Rs 699; Broke