Clipped from: https://www.financialexpress.com/opinion/a-shot-for-nbfc-health-given-the-public-money-at-stake-revised-pca-framework-for-nbfcs-is-welcome/2394444/ The revised prompt corrective action (PCA) framework for NBFCs is a welcome step given the public money that is at stake In October
Month: December 2021
Firms can submit proposals for semiconductor fabs, display units from Jan 1 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-to-receive-proposals-for-semiconductor-fabs-display-units-from-jan-1-121123001250_1.html Companies can submit proposals for setting up semiconductor and display manufacturing units from January 1 Ashwini Vaishnaw, Minister of Railways, Communications and Electronics
Old vs new: The GDP estimation debate | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/old-vs-new-the-gdp-estimation-debate-121123001452_1.html The argument that the new methodology over-estimates GDP numbers requires deeper analysis Former chief economic advisor, Arvind Subramanian, has brought back the importance
IBBI cancels registration of insolvency professional – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/ibbi-cancels-registration-of-insolvency-professional/article38073224.ece IBBI has also debarred Vimal Kumar Grover from seeking fresh registration as an IP or providing any service under the IBC for a
Structural reforms have effectively checked corruption – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/structural-reforms-have-effectively-checked-corruption/article38073029.ece Enforcement alone cannot fight the canker of corruption. Structural reforms are also vital The biggest headwind in the process of India’s development has
How India can foster economic democracy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-india-can-foster-economic-democracy/article38073118.ece At present, panchayats make no contribution to the design of schemes. Their autonomy is negligible. This needs to change Decentralisation has long been
Resilient show – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/resilient-show/article38072811.ece The RBI’s banking trends and progress report points to the urgent need to revive bank credit growth The Reserve Bank of India strikes
A perfect storm awaits the rupee in 2022 – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/a-perfect-storm-awaits-the-rupee-in-2022/article38072857.ece The RBI will have to use the forex kitty it has built over the past year to maintain stability in the forex market
Exchange members want time limit on Sebi’s show-cause notices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/exchange-members-want-time-limit-on-sebis-show-cause-notices/article38070363.ece Say delayed proceedings cause hardship and prejudice to market participants The Association of National Exchanges Members of India (ANMI) has urged the Government
Vehicle recalls hit a five-year high in 2021 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/vehicle-recalls-hit-a-five-year-high-in-2021/article38073798.ece More than 7 lakh units recalled over airbag failure, faulty emissions, engine malfunction Vehicle recalls in India soared to a five-year high in
Relook at inverted duty structure for textiles, the main agenda – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/relook-at-inverted-duty-structure-for-textiles-the-main-agenda/article38073800.ece A major bone of contention has been the proposed hike in rate for textiles from 5 per cent to 12 per cent with
Merged public sector banks riskier than unmerged ones, says RBI Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/merged-public-sector-banks-more-riskier-than-unmerged-one-rbi-report/articleshow/88595226.cmsSynopsis Using stock market indicators to measure systemic risk in the banking sector, it is found that the systemic risk in the banking sector
Housing sales are likely to rise by 15-20%: Developers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/housing-sales-are-likely-to-rise-by-15-20-developers/articleshow/88584577.cmsSynopsis “In residential, township projects, large-sized homes emerged as a preferred choice and will continue to drive real estate growth in the years ahead.
Exchange members want time limit on Sebi’s show-cause notices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/exchange-members-want-time-limit-on-sebis-show-cause-notices/article38070363.ece Say delayed proceedings cause hardship and prejudice to market participants The Association of National Exchanges Members of India (ANMI) has urged the Government
Why SEBI’s new IPO norms could work in the longer run – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/why-sebis-new-ipo-norms-could-work-in-the-longer-run/article38069325.ece The markets regulator has decided to tighten norms to ensure that there is no mis-use of the funds Why has Sebi tightened the
Recovery to be initiated in case of only unpaid self-assessed GST liability – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/recovery-to-be-made-of-only-unpaid-self-assessed-gst-liability-says-cbic/article38070091.ece Government considering ‘suitable’ guidelines for implementation of such provisions Unpaid tax on self-declared supplies by a GST assesee will be considered as admitted
Food subsidy may drop 30% to ₹3.72 lakh cr in FY 2021-22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/food-subsidy-may-drop-30-to-372-lakh-cr-in-fy-2021-22/article38071583.ece Food secretary says cooking oil prices reduced by 15-20 % after govt intervention in cutting import duties The Centre’s food subsidy is set
ICAI to oppose proposal to introduce 3 non-CA members in committee | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/icai-to-oppose-proposal-to-introduce-3-non-ca-members-in-committee-121123000290_1.html The Institute of Chartered Accountants of India has said it will oppose the Centre’s proposal to introduce three non-CA members into ICAI’s disciplinary
With ATM withdrawals set to get costlier, reduce dependence on cash | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/with-atm-withdrawals-from-set-to-get-costlier-reduce-dependence-on-cash-121123000531_1.html Beware of keypad manipulation and heat mapping while using the ATM or PoS machine Monitor usage of the other debit cards, so that
GST Council to discuss rollback of inverted duty structure in textiles | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-council-to-discuss-inverted-duty-structure-amid-demands-of-rollback-121123000550_1.html Former West Bengal Finance Minister Amit Mitra and Telangana Industries Minister K T Rama Rao had earlier urged the Centre to roll back
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