Clipped from: https://www.thehindubusinessline.com/economy/centres-fiscal-deficit-touches-35-of-annual-target-at-h1-end/article37232130.ece?homepage=true Better tax/non-tax mop-up, expenditure key drivers; core sector output up 4.4% Finance Ministry on Friday reported fiscal deficit for the first half of
Month: October 2021
Govt backtracks on IRCTC convenience fee as share dives – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/irctc-convenience-fee-railways-ministry-withdraws-decision/article37226230.ece?homepage=true IRCTC stock price showed wild swings on flip-flop In less than 24 hours of mandating IRCTC to share half of its convenience fee,
Work in progress | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/work-in-progress-121102701972_1.html GST must be reformed to achieve its potential The goods and services tax, as introduced four years ago, was necessarily imperfect. This was
EU under pressure | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/eu-under-pressure-121102701979_1.html Future depends on how Germany responds A major diplomatic row has been averted after Turkey’s Recep Tayyip Erdogan threatened to expel the ambassadors
CarTrade slips 7%, stock at new low on second straight quarterly loss | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/cartrade-tech-hits-new-low-on-net-loss-for-second-straight-quarter-121102900417_1.html For H1FY22, CarTrade Tech posted net loss of Rs 81.47 crore against a net profit of Rs 63.57 crore during the same period
RBL Bank tanks 15% on disappointing Q2 nos, stock down 37% from 52-wk high | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rbl-bank-tanks-15-on-disappointing-q2-nos-stock-down-37-from-52-wk-high-121102900343_1.html The management said the bank is confident of reverting to normalised levels of business, growth and profitability from the current (Q3) quarter itself
Extension given to the RBI governor is good for the markets | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/extension-given-to-the-rbi-governor-is-good-for-the-markets-121102900516_1.html While it is true that institutions are more important than the person, ideology and approach of Governors of central banks are important Madan
India’s privacy test | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/india-s-privacy-test-121102801840_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 The new committee can address all issues The Supreme Court’s decision to appoint an independent committee of three experts under the oversight of
East or west, we can now raise money from anywhere: Paytm’s Vijay Sharma | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/east-or-west-we-can-now-raise-money-from-anywhere-paytm-s-vijay-sharma-121102801673_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 In conversation with Deepsekhar Choudhury and Neha Alawadhi, Sharma speaks about his journey and the road ahead VIJAY SHEKHAR SHARMA, founder of Paytm’s
There’s so much to sell, everyone can make money, say experts | BFSI Summit: –Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bfsi-summit-there-s-so-much-to-sell-everyone-can-make-money-say-experts-121103000033_1.html Panelists say banks shouldn’t feel threatened by fintech companies, rather they should feel enabled Imaging: Ajay Mohanty It is important for banks and fintech firms to join
Dilemmas after the boom: Market euphoria and an obvious disconnect | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/when-the-sensex-took-leave-of-its-senses-and-gained-40-in-a-difficult-year-121102901334_1.html The likelihood is that the new Samvat will be a period when the market either corrects, or at the least digests the excesses
RBI eases current account opening rules for exposure below Rs 5 cr | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-eases-current-account-opening-rules-for-exposure-below-rs-5-cr-121102901642_1.html Rules changed after feedback from the Indian Banks’ Association and other stakeholders, says the regulator Borrowers to inform lenders when credit facilities availed
As economy settles in, Shaktikanta Das has 6 challenges in second term | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/as-economy-settles-in-shaktikanta-das-has-6-challenges-in-second-term-121102901404_1.html The central bank will have to revive credit growth, drain liquidity and keep inflation on hold: that’s just the beginning of his tasks.
Banks must not turn away MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/banks-must-not-turn-away-msmes/2358986/ Having run up crores of rupees of corporate NPAs, they can’t afford to be coy about small units Crisil said recently it expects
Where are we in the growth cycle? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/where-are-we-in-the-growth-cycle/2358990/ As the global economy starts to witness a tapering of peak growth and higher inflation, India could see higher inflation and higher growth
Flush with funding: Good projects likely to easily find equity backing now – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/flush-with-funding-good-projects-likely-to-easily-find-equity-backing-now/2358981/ There may have been differences of opinion on valuations, and the fact that 40% of the issuances are trading at a discount, despite
Capping the fizz – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbi-is-right-to-curb-nbfcs-offering-ipo-funding-it-distorts-price-discovery-and-skews-ipo-allotment/article37165068.ece RBI is right to curb NBFCs offering IPO funding. It distorts price discovery and skews IPO allotment Following up on its January discussion
‘Mandatorily participate in TReDS platform for settling bills’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/mandatorily-participate-in-treds-platform-for-settling-bills/article37224899.ece?homepage=true TN govt directs all its PSUs, municipal corporations and apex co-op to join the platform for settling bills of their MSME suppliers Tamil
One in ten people click on phishing links: Report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/one-in-ten-people-click-on-phishing-links-report/article37228392.ece?homepage=true Ninety-three per cent of successful phishing sites are utilising HTTPS verification to conceal their deceitful nature. The number of mobile users falling for
Housing and realty sector heading into the best of times, says Deepak Parekh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/housing-and-realty-sector-heading-into-the-best-of-times-says-deepak-parekh/article37232698.ece HDFC Chairman asks developers to focus on reputation and resolution The country’s housing and real estate sector is heading into the best of
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