Clipped from: https://indianexpress.com/article/opinion/columns/reserve-bank-bad-loans-india-national-asset-reconstruction-company-7634517/ C Rangarajan, B Sambamurthy write: Despite various attempts to create an efficient framework for resolving bad loans, poor ecosystem and legal delays frustrate
Day: November 22, 2021
Bitcoin’s recent drop shows acute volatility remains a hallmark | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/bitcoin-s-recent-drop-shows-acute-volatility-remains-a-hallmark-121111901125_1.html Some analysts say a sharp pullback is normal after prices skyrocketed 40% in October Photo: Bloomberg Bitcoin has lost almost 20% in less than
For the right public-private mix in farming – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/for-the-right-public-private-mix-in-farming/article37612609.ece Repeal of farm laws reveals excessive social mistrust of private players. Farmers need public goods as well as private innovation With the unexpected
Rich nations must be brought to book – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rich-nations-must-be-brought-to-book/article37612930.ece Tax wrangle – /iStockphoto Tax wrangle – /iStockphoto× Whether it is the climate emergency, vaccine monopolies or letting MNCs off the tax hook,
NPAs of NBFCs, HFCs may rise for 3-4 quarters due to tweak in norms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/npas-of-nbfcs-hfcs-may-rise-for-3-4-quarters-due-to-tweak-in-norms/article37613501.ece RBI clarified that loan accounts classified as NPAs may be upgraded as ‘standard’ asset only if entire arrears are paid – BIJOY GHOSH
Despite regulatory concerns, over 400 start-ups jump onto crypto ecosystem – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/despite-regulatory-concerns-over-400-start-ups-jump-onto-crypto-ecosystem/article37614676.ece 100 start-ups launched in 2021 alone, funding soars 73% in first six months: Tracxn Despite regulatory uncertainty and the Reserve Bank of India’s
Income Tax paying mistakes: How to correct mistakes made at the time of paying income tax – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/how-to/how-to-correct-mistakes-made-at-the-time-of-paying-income-tax/articleshow/87648887.cmsSynopsis Here is a look at how taxes are paid and how to correct any mistakes made at the time of paying self-assessment tax.
IPO buzz: How social media influencers are creating IPO buzz – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/how-social-media-influencers-are-creating-ipo-buzz/articleshow/87827106.cmsSynopsis Platform has become a battleground between proponents of old style investing and new class of investors who believe startups cannot be valued using
Agricultural potential: Vested interests should not be allowed to turn India’s strengths into its weaknesses – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-commentary/agricultural-potential-vested-interests-should-not-be-allowed-to-turn-indias-strengths-into-its-weaknesses/articleshow/87836227.cmsSynopsis To be fair to this government, it has worked hard to counter both sets of vested interests in an effort to unshackle the
Forgot password? Awesome! Thank biometrics, for your body shall be your master key to everything. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/forgot-password-awesome-thank-biometrics-for-your-body-shall-be-your-master-key-to-everything-/primearticleshow/87787281.cms SynopsisBy the end of this decade, passwords will likely be dead. The expanding passwordless world is banking on biometrics to replace alphanumeric passwords
Jindal Saw likely to acquire Sathavahana Ispat under the IBC route – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jindals-holding-company-siddeshwari-tradex-likely-to-acquire-sathavahana-ispat-under-the-ibc-route/articleshow/87834401.cmsSynopsis P R Jindal unit raises Rs 500 crore from Edelweiss managed fund, ECL at 25% IRR for 5 years to acquire distressed steel
ECLGS: 64% of Rs 4.5 lakh crore credit guarantee scheme sanctioned to 1.25 crore MSMEs, others so far – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-eclgs-64-of-rs-4-5-lakh-crore-credit-guarantee-scheme-sanctioned-to-1-25-crore-msmes-others-so-far/2373360/ Credit and Finance for MSMEs: ECLGS was modified in September for borrowers under ECLGS 1.0 and 2.0 to make them eligible for additional
From Plate to plough – Repeal of farm laws: Tactical retreat or surrender? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/from-plate-to-plough-repeal-of-farm-laws-tactical-retreat-or-surrender/2373377/ The net result of the move is likely to be a slowing down of economic reforms that are desperately needed to propel growth
Buy-back tax inhibits business efficiency – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/buy-back-tax-inhibits-business-efficiency/2373374/ Instead, abolish this and ensure shareholders pay tax on any income from buy-back Consequently, unlisted companies had to either pay DDT or buy-back
A controversy in the making? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-controversy-in-the-making/2373371/ For the purposes of levying Social Welfare Surcharge, imports enjoying ab initio exemption should not be viewed with the same lens as imports
Indians in the US can refinance their student loans – The Financial Express
Clipped from: https://www.financialexpress.com/education-2/indians-in-the-us-can-refinance-their-student-loans/2373406/ MPower Financing launches international student loan refi product “This will not only reduce their interest rate considerably but also free them from the
IPO roller coaster: Should you invest? | Deccan Herald
Clipped from: https://www.deccanherald.com/business/economy-business/ipo-roller-coaster-should-you-invest-1053180.html Apply for those IPOs which are well understood, from different business models and grow the portfolio by looking at buying opportunities post listing
TN woman buries ‘soothsayer’ husband alive to attain immortality for him | Deccan Herald
Clipped from: https://www.deccanherald.com/national/south/tn-woman-buries-soothsayer-husband-alive-to-attain-immortality-for-him-1053163.html The husband, Nagaraj, 59, after visiting a few temples across Tamil Nadu had told people that he was communicating directly to God and
India witnessing ‘great churn’ in its labour force | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/india-witnessing-great-churn-in-its-labour-force-1053176.html India is seeing great churn in its labour force across many industries with the fading of the Covid pandemic Representative image. Credit: iStock
Insurer can’t alter loss assessed by surveyor | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/insurer-can-t-alter-loss-assessed-by-surveyor-121112101051_1.html The National Commission concluded a surveyor’s report must be given due importance unless there are valid reasons for disagreeing with it Shivalik Container,