Clipped from: https://www.business-standard.com/article/finance/sahakar-bharati-may-seek-tweaks-in-pmc-bank-s-draft-merger-scheme-121112401279_1.html Five-year interest holiday and final settlement at end of 10 years unfair to depositors Sahakar Bharati may seek reworking of the draft scheme
Day: November 25, 2021
What $650 billion can buy | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/what-650-billion-can-buy-121112401443_1.html India’s stock of external commercial borrowing, for instance, is in excess of $200 billion India’s foreign exchange reserves have gone up by over $160 billion
Wilful defaults Rs 62,000 crore higher than before Covid pandemic | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/wilful-defaults-rs-62-000-crore-higher-than-before-covid-pandemic-121112500017_1.html Public sector banks accounted for 77.4 per cent of the total amount outstanding at Rs 5.3 trillion as of June Banks saw an
Getting dividend as regular income? Beware! You have to pay tax and reveal it in ITR this year – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/getting-dividend-as-regular-income-beware-you-have-to-pay-tax-and-reveal-it-in-itr-this-year/2375475/ While investing in mutual fund (MF) schemes, many people opt for the dividend payout option to get regular income while staying invested. Till
A rate cushion for compensation expiry – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-rate-cushion-for-compensation-expiry/2375462/ GoM likely to propose GST rate-hikes that prop up states’ finances; processes, too, must be made simpler There is every possibility, therefore, the
Building a business with your spouse or partner? Here’s a guide to make it a smooth sailing -tessol: The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/building-a-business-with-your-spouse-or-partner-heres-a-guide-to-make-it-a-smooth-sailing/articleshow/87883391.cmsSynopsis Entrepreneurship can be a lonely journey, but the ride can get easier if co-founders can support each other. As an entrepreneur, running a
handloom sector: A dying trade: Can the handloom sector stand up to the march of the machines? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/a-dying-trade-can-the-handloom-sector-stand-up-to-the-march-of-the-machines/articleshow/87880191.cms SynopsisThe handloom sector is a big employer, contributes a chunk to exports and is deeply ingrained with the rural economy. In the age
fake news: Parliamentary panel recommends new regulator for social media platforms like Facebook, Twitter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/parliamentary-panel-recommends-new-regulator-for-social-media-platforms-like-facebook-twitter/articleshow/87885446.cmsSynopsis The panel is asking for tighter rules because current laws treating these social media platforms as intermediaries hasn’t done enough in terms of
ndps: Centre plans 2 legislations to amend Narcotic Substances Act – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/centre-plans-2-legislations-to-amend-narcotic-substances-act/articleshow/87897598.cmsSynopsis Law enforcement agencies are of the view that number of chemicals in the scheduled list should be increased, said a senior official. Two
Most existing cryptos will perish, Raghuram Rajan says – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/most-existing-cryptos-will-perish-raghuram-rajan-says/articleshow/87883758.cmsSynopsis The former Reserve Bank of India (RBI) governor Raghuram Rajan believes most of the existing cryptocurrencies will soon perish. Around 6,000 cryptocurrencies are
OnePlus India rolls out slew of initiatives on mental health – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/oneplus-india-rolls-out-slew-of-initiatives-on-mental-health/articleshow/87888432.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis ”We are also planning webinars with industry experts on creating greater awareness of our personal investment towards mental health. In addition, we look
phygital: World of phygital banking will be way forward: Bankers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/world-of-phygital-banking-will-be-way-forward-bankers/articleshow/87887379.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis City Union Bank Managing Director and CEO N Kamakodi said that though the older generations are much comfortable with the manual banking channel,
Retailers Association of India urges govt to reconsider proposed GST rate hike on textiles, apparels – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/retailers-association-of-india-urges-govt-to-reconsider-proposed-gst-rate-hike-on-textiles-apparels/articleshow/87880680.cmsSynopsis RAI asked “the central and state governments and GST Council to reconsider its decision to prevent a complete collapse of the sector and
Niti Aayog moots full-stack Digital Banks in India to bridge MSME credit gap; releases discussion paper – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-niti-aayog-moots-full-stack-digital-banks-in-india-to-bridge-msme-credit-gap-releases-discussion-paper/2375443/ Credit and Finance for MSMEs: While neo banks are also a potentially effective channel to achieve social goals like empowering the hitherto under-banked
WhatsApp ‘delete for everyone’ feature time limit may soon be extended beyond 7 days – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/whatsapp-delete-for-everyone-feature-time-limit-may-soon-be-extended-beyond-7-days/2375250/ The latest development states that WhatsApp is planning to bring a new time limit to delete already sent or older messages for its
Asian Paints’ promoters come under fire for related party transactions | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/asian-paints-promoters-come-under-fire-for-related-party-transactions-121112400842_1.html Board failed to mitigate conflict of interest, says proxy advisory firm Ingovern The Dani family, one of the promoters of India’s largest paint
Paytm Money launches Margin Pledge feature – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/paytm-money-launches-margin-pledge-feature/article37664886.ece?homepage=true The feature allows users to pledge their stocks to the broker in return for a collateral margin with just a few clicks Paytm
SEBI asks exchanges, depositories, clearing corps to disclose complaint data on websites – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-asks-exchanges-depositories-clearing-corps-to-disclose-complaint-data-on-websites/article37662653.ece Under the disclosure, the entities will have to reveal complaints received during the month, those carried forward, and the average time taken to
Ingovern wants Asian Paints promoters removed from board – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/ingovern-wants-asian-paints-promoters-removed-from-board/article37661765.ece?homepage=true Shareholder advisor cites allegations of related-party transactions and conflict of interest Shareholder advisor firm Ingovern has sought the removal of Asian Paints (APL)
India needs laws that are more forgiving than punishing – Times of India
Clipped from: https://timesofindia.indiatimes.com/india/india-needs-laws-that-are-more-forgiving-than-punishing/articleshow/87872392.cms Can our laws be more compassionate than punitive? Shouldn’t we trust our laws to protect us rather than fear them? Can our laws
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