Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rather-moody/article36882276.ece?homepage=true Revision in Moody’s outlook to ‘stable’ is welcome but Centre should push for sovereign ratings upgrade It is difficult to say if Moody’s
Day: October 8, 2021
Some zing and freshness in recent IPOs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/some-zing-and-freshness-in-recent-ipos/article36882411.ece?homepage=true While Zomato scores on the cost front, Freshworks does better in price discovery and processing speed by listing in the US Going public
Srei firms found ever-greening NPAs, in payment default – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/srei-firms-found-ever-greening-npas-in-payment-default/article36885428.ece As on March 31, 2020, Srei Infra had a negative CRAR of 3.4% against the regulatory requirement of 15% Concerns over ever-greening of
Asset quality back to pre-Covid levels: Axis Bank MD & CEO Amitabh Chaudhry | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/asset-quality-back-to-pre-covid-levels-axis-bank-md-ceo-amitabh-chaudhry-121100701543_1.html ‘The RBI has started normalising its extraordinary injection of liquidity in a calibrated manner’, said Chaudhry Amitabh Chaudhry, managing director and chief executive
Boom time: 31 and counting, happy hour for India’s unicorn club | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/boom-time-31-and-counting-happy-hour-for-india-s-unicorn-club-121100800030_1.html The great unicorn rush, that started with Digit Insurance this year, has covered diverse sectors from fintech to e-shopping and even cloud kitchen
Improving farm support | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/improving-farm-support-121100701506_1.html The sector needs a more focused approach The initial government estimates suggest kharif grain output this year would hit another record. A higher
The mirage of economic recovery | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-mirage-of-economic-recovery-121100701458_1.html The prospects for the middle class in India are dwindling A word that has been used for several years now is recovery. It
Out of power | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/out-of-power-121100701500_1.html Chronic poor planning has precipitated the coal shortage India’s post-pandemic recovery could literally face a blackout thanks to poor planning by state-owned Coal India Ltd
Demerger to give a push to both pharma and financial services: Ajay Piramal | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/demerger-to-give-a-push-to-both-pharma-and-financial-services-ajay-piramal-121100701127_1.html In a Q&A, the Chairman of Piramal Group talks about the prospects of both businesses, the rationale for the demerger and how supply
Srei’s great leap back underlines high-risk nature of NBFC business | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/srei-s-great-leap-back-underlines-high-risk-nature-of-nbfc-business-121100701407_1.html In the past three decades, the Kanorias have weathered many a crisis, including the NBFC crisis of the 1990s and the global financial
Dixon Technologies to make Acer laptops in India under PLI scheme | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/dixon-technologies-to-make-acer-laptops-in-india-under-pli-scheme-121100800027_1.html Dixon is an eligible player for the PLI scheme under the IT hardware category Dixon will also be the first domestic manufacturer to
Solar module supplies: More local firms to gain from indigenisation policy – The Financial Express
Clipped from: https://www.financialexpress.com/industry/solar-module-supplies-more-local-firms-to-gain-from-indigenisation-policy/2346048/ The government had earlier mandated that all solar projects bid out after April 10 under Central government schemes will have to use equipment
Decentralised finance: Unlocking the potential of digital currencies – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/decentralised-finance-unlocking-the-potential-of-digital-currencies/2345983/ Apart from just an alternate way to pay and settle immediate cash transactions, DeFi unlocks the potential of digital currencies by allowing them
GST: Breaking the tyranny of status quo – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-breaking-the-tyranny-of-status-quo/2345997/ Rationalise rates, include petroleum products Besides complicating the tax, it has created anomalies in terms of inverted duty structure on a number of
Monetary policy: Is it time for the RBI to bite the bullet on interest rates? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/monetary-policy-is-it-time-for-the-rbi-to-bite-the-bullet-on-interest-rates/articleshow/86850026.cmsSynopsis The RBI has been patient and optimistic about inflation so far. But the ripples of inflationary speculation are beginning to be felt in
India’s online food services have plenty of room to grow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/indias-online-food-services-have-plenty-of-room-to-grow/articleshow/86842016.cmsSynopsis The post-pandemic revival in India’s online food services industry has made Zomato a listed firm, drawn millions for Swiggy, and turned Rebel Foods
Hat-trick of unicorns; What are neobanks?–ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/tech/newsletters/tech-top-5/hat-trick-of-unicorns-what-are-neobanks/articleshow/86841438.cms Indian startups raised more than $24.3 billion from global investors in the first nine months of 2021. Just when you thought the year
ITR 3 – 7 income tax return forms for taxpayers: Which one should you file? | The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/7-income-tax-return-forms-for-taxpayers-which-one-should-you-file/itr-3/slideshow/86808214.cms 1/7 ITR 1 (Sahaj) Who can file Individuals qualifying as Ordinarily Residen Having a total income of up to Rs 50 lak Having
Not yet time to raise policy rates – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/mpc-not-yet-time-to-raise-policy-rates/articleshow/86848973.cmsSynopsis The policy response appropriate for inflation caused by excess demand would be wholly unsuited for inflation caused by supply disruptions and a spike
SREI group’s financial health withered well before pandemic, says RBI order – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/srei-financial-health-group-withered-well-before-pandemic-says-rbi-order/articleshow/86843251.cmsSynopsis The regulator was quite annoyed with repeated violations of prudential norms, including income recognition, asset classification and provisioning (IRACP), ever-greening of loans and