Clipped from: https://economictimes.indiatimes.com/news/india/ed-comes-up-with-unique-system-to-end-fake-summons-by-unscrupulous-individuals/articleshow/87670417.cmsSynopsis In order to allow the individuals to verify the authenticity of the summons received by them, the Directorate of Enforcement has implemented a
Month: November 2021
RBI asks banks not to standardise bad loans on just getting interest payments – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-asks-banks-not-to-standardise-bad-loans-on-just-getting-interest-payments/articleshow/87672712.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Issuing some clarifications to all the extant provisions and including the ones issued on October 1, 2021, on the prudential norms on income
Restrictions put on Laxmi Coop Bank, Solapur; Rs 1,000 cap on withdrawals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/restrictions-put-on-laxmi-coop-bank-solapur-rs-1000-cap-on-withdrawals/articleshow/87672824.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23NEXT STORY RBI asks banks not to standardise bad loans on just getting interest payments Synopsis Issuing some clarifications to all the extant provisions
RBI’s retail direct gilt scheme: How to invest and what’s in it for you? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/bonds/rbis-direct-retail-gilt-scheme-how-to-invest-and-whats-in-it-for-you/articleshow/87666162.cmsSynopsis The scheme is aimed at facilitating investment by retail investors in gilts by improving ease of access and providing a direct portal for
Window for surplus dollar required: MNC banks to RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/window-for-surplus-dollar-required-mnc-banks-to-rbi/articleshow/87676477.cmsSynopsis These banks, which act as custodians for foreign portfolio investors (FPIs), fear a dollar pile-up could cause a breach of regulatory exposure limits
Now, companies can have ‘differential voting rights’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/now-companies-can-have-differential-voting-rights/article37269025.ece SEBI has announced the framework for public issuance of ordinary shares by issuer companies having promoters holding Superior Voting Right shares Crafted for
Legitimate tax planning not taboo – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/legitimate-tax-planning-not-taboo/article37048314.ece The Supreme Court, in a landmark judgment in the 1985 case of CTO Vs McDowell and Co Ltd, declared that “it is the
US allows ‘automatic extension’ of work permits for spouses of H-1B visa holders – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/us-allows-automatic-extension-of-work-permits-for-spouses-of-h-1b-visa-holders/article37461226.ece Move will benefit thousands of spouses of IT professionals Following a class-action lawsuit filed by the American Immigration Lawyers Association (AILA) on behalf
Watch | PM Modi launches RBI Retail Direct scheme. What is it about? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/video/watch-pm-modi-launches-rbi-retail-direct-scheme-what-is-it-about/article37455794.ece?homepage=true The RBI Retail Direct Scheme will help ease retail investors’ access to the government securities market. The RBI Integrated Ombudsman Scheme will help
Egypt’s ban of tuk-tuk to hit India’s 3-wheeler OEMs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/egypts-ban-of-tuk-tuk-to-hit-indias-3-wheeler-oems/article37462972.ece Bajaj Auto, seen to be worst affected, may move to exporting Quadricycles Egypt’s decision to ban the import of three-wheelers (tuk-tuks), citing safety
Covax: How to fight climate change effectively? The failure of Covax has some powerful lessons – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/how-to-fight-climate-change-effectively-the-failure-of-covax-has-some-powerful-lessons/articleshow/87660629.cmsSynopsis The world will never be able to reach its climate goals if large emerging economies such as Brazil and India can’t decarbonize just
SC issues contempt warning; Army agrees to give women permanent commission | India News,The Indian Express
Clipped from: https://indianexpress.com/article/india/sc-indian-army-permanent-commission-women-officers-7619613/ “The Army may be supreme in its authority, but this constitutional court is also supreme in its jurisdiction. We gave you a very
Global inflation conundrum | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/global-inflation-conundrum-121110901959_1.html RBI should continue the unwinding process Higher inflation has complicated policy choices for most central banks, including in advanced economies. Central banks reduced interest rates
Managing cryptocurrencies | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/managing-cryptocurrencies-121111101856_1.html Govt must address regulatory concerns Given the huge surge of trading interest in cryptocurrencies, the government needs to create a regulatory framework for
Demand recovery at home and abroad, price uptick may prop Tata Steel stock | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/demand-recovery-at-home-and-abroad-price-uptick-may-prop-tata-steel-stock-121111201776_1.html The street will also keep an eye on pace of debt reduction and cash flows Though Tata Steel’s Q2 results, restated to reflect
Paytm’s mega $2.5-billion IPO to mint 350 new millionaires in India | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-s-mega-2-5-billion-ipo-to-mint-350-new-millionaires-in-india-121111201080_1.html About 350 current and ex-employees will each have a net worth of at least Rs 1 crore after Paytm’s $2.5 billion IPO, a
Is the economy still reeling from demonetisation? – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/is-the-economy-still-reeling-from-demonetisation/article37445099.ece The ill-prepared move left India with all the damages and very few of the benefits On November 8, 2016, Prime Minister Narendra Modi
A tax burden that attacks the federal rights of States – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/a-tax-burden-that-attacks-the-federal-rights-of-states/article37446022.ece The Centre’s levy of fuel surcharges is way beyond basic taxes and an abject misuse of provisions of the Constitution The Narendra Modi
Personal Data Protection Bill may be tabled in Parliament in 1st week of winter session | Deccan Herald
Clipped from: https://www.deccanherald.com/national/personal-data-protection-bill-may-be-tabled-in-parliament-in-1st-week-of-winter-session-1050155.html The Joint Committee of Parliament, chaired by BJP MP PP Chaudhary, met on Friday to discuss a draft report on the Bill The
Indian doctor who treated Rizwan before WC semis astonished at recovery | Deccan Herald
Clipped from: https://www.deccanherald.com/sports/cricket/indian-doctor-who-treated-rizwan-before-wc-semis-astonished-at-recovery-1050067.html Rizwan had been suffering from intermittent fever, persistent cough, and chest tightness for 3-5 days before being hospitalised Pakistan’s Mohammad Rizwan. Credit: AP
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