Clipped from: https://www.deccanherald.com/international/world-news-politics/what-happens-if-the-united-states-defaults-on-its-debt-1036373.html The United States has never defaulted on its debt, which forms a backbone of the global economic system Democrats control both houses of
Day: October 2, 2021
Treat HC judges on par with ministers, says Madras HC judge | Deccan Herald
Clipped from: https://www.deccanherald.com/national/south/treat-hc-judges-on-par-with-ministers-says-madras-hc-judge-1036375.html The remarks came in response to him getting delayed to work due to certain traffic restrictions in the city Representative image. Credit: iStock
Employment increases by 8.5 mn in September: CMIE | Deccan Herald
Clipped from: https://www.deccanherald.com/business/economy-business/employment-increases-by-85-mn-in-september-cmie-1036448.html The labour participation rate increased from 40.5 per cent to 40.7 per cent and the employment rate inched up from 37.2 per cent
Gandhi: Neither a saint nor a politician | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/gandhi-neither-a-saint-nor-a-politician-1036377.html For Gandhi, religion was a moral force, a quest for truth, a unifying force. For his detractors, it was a tool to divide
RBI’s new auto debit rules – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/video/rbis-new-auto-debit-rules/article36776674.ece?homepage=true The new regulations that require a second factor authentication for certain auto debit transactions are becoming operational from October 1, 2021. How will
What is the Evergrande controversy all about? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/audio/explained-what-is-the-evergrande-controversy-all-about/article36760898.ece It is widely reported that China’s second-largest real estate developer Evergrande has a massive debt burden and is in the risk of a
Facebook removes 31.83 million pieces of content in August – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/facebook-removes-3183-million-pieces-of-content-in-august/article36780425.ece?homepage=true The number is slightly lower than 33.3 million removed last month but over 45 days. Facebook came out with its monthly compliance report
Why is India facing a coal shortage? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/explainer-why-is-india-facing-a-coal-shortage/2342039/ India is the second largest importer, consumer and producer of coal, and has the world’s fourth largest reserves. It mainly imports from Indonesia,
RBI advises Dhanlaxmi Bank to ensure transparency in nominating directors – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-advises-dhanlaxmi-bank-to-ensure-transparency-in-nominating-directors/2342154/ The board kept in abeyance the recommendations of the nomination and remuneration committee of the bank, including the reappointment of prominent investor Ravi
Continuing relevance of Mohandas Gandhi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/continuing-relevance-of-mohandas-gandhi/articleshow/86692565.cmsSynopsis Gandhi is remembered for Ahimsa, non-violence. However, Gandhi’s Ahimsa was not passive acceptance of violence, but its active resistance by the force of
Duty cut lifts India’s palm oil imports in Sept to a record 1.4 mn tonnes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/duty-cut-lifts-indias-palm-oil-imports-in-sept-to-a-record-1-4-mn-tonnes/articleshow/86680283.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis India lifted restrictions on imports of refined palm oil and slashed base import taxes on palm oil, soyoil and sunflower oil in recent
Exports jump over 21% to $33.44 billion in September – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exports-jump-over-21-to-33-44-billion-in-september/articleshow/86686079.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The trade deficit in September was at USD 22.94 billion as gold imports jumped nearly 750 per cent to $5.11 billion. India’s merchandise
RBI opens third cohort under the Regulatory Sandbox – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-opens-third-cohort-under-the-regulatory-sandbox/articleshow/86680929.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “The MSME segment has emerged as the growth engine of Indian economy contributing significantly to the economic and social development of the country
Restaurant industry wants clarity on GST on Swiggy, Zomato – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/restaurant-industry-wants-clarity-on-gst-on-swiggy-zomato/articleshow/86683003.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The GST Council has said that food delivery platforms such as Swiggy and Zomato should cough up 5% GST, just like restaurants. The restaurant
weight loss: Here is why you are not getting slim even after workout – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/how-to/here-is-why-you-are-not-getting-slim-even-after-workout/articleshow/86678317.cmsSynopsis Our bodies tend to automatically compensate for at least a quarter of the calories we expend during exercise, undermining our best efforts to
Bitcoin soars as Fed’s Powell says US has no plans to ban cryptos – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/bitcoin-soars-as-feds-powell-says-us-has-no-plans-to-ban-cryptos/articleshow/86684138.cmsSynopsis The largest cryptocurrency gained as much as 10 per cent to $47,884 early in New York trading. Ethereum, Litecoin and EOS also jumped,
WhatsApp banned over 2 million Indian accounts in August – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/whatsapp-banned-over-2-million-indian-accounts-in-august/articleshow/86686636.cmsSynopsis The global average number of accounts that WhatsApp bans to prevent abuse on its platform is around 8 million accounts per month. About
Grasim Industries gets Rs 8,334-crore income tax demand – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/grasim-industries-gets-rs-8334-crore-income-tax-demand/articleshow/86687081.cmsSynopsis This is related to the scheme of Grasim Industries’ merger with Aditya Birla Nuvo and Aditya Birla Financial Services. Grasim IndustriesNSE 0.46 % on
RBI may signal policy normalisation on October 8, Standard Chartered says – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-may-signal-policy-normalisation-on-october-8-standard-chartered-says/articleshow/86681172.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The consensus view is that the RBI will leave interest rates unchanged at its Oct. 8 MPC meeting and only start to unwind
Bad Bank should be temporary: Former RBI Governor D Subbarao – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/bad-bank-should-be-temporary-former-rbi-governor-d-subbarao/articleshow/86677725.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Subbarao noted that despite the pandemic, the bad loan situation may be somewhat better this year and banks should move quickly and dispose
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