Clipped from: https://www.thehindubusinessline.com/news/variety/why-anand-mahindra-wants-to-gift-a-bolero-to-a-blacksmith/article38015257.ece To recognise Dattatraya Lohar’s ingenuity to fabricate a ‘kick-start car’ Dattatraya Lohar’s daughter was after him to buy a four-wheeler for a long
Month: December 2021
What rising inequality means – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/what-rising-inequality-means/article37999556.ece Redistribution measures have been ineffective and there are no policies discouraging accumulation of income and wealth The COVID-19 pandemic has exposed the stark
Banks need additional $70 bn to back $5- trn GDP: SBI’s Dinesh Khara | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-need-additional-70-bn-to-back-5-trn-gdp-sbi-s-dinesh-khara-121122300070_1.html Banks would continue to play a critical role in meeting the needs of corporations Dinesh Kumar Khara, SBI Chairman The Indian banking system will need
Technology is causing disruptions in banking, says K V Kamath | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/technology-is-causing-disruptions-in-banking-says-k-v-kamath-121122200851_1.html Kamath recognised the great transition done by the banks over the last two years during the pandemic, however, the only issue is about
New provision from Jan 1: GST officials to make surprise recovery visits | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/new-provision-from-jan-1-gst-officials-to-make-surprise-recovery-visits-121122300046_1.html Those with an annual turnover of up to Rs 5 crore can file quarterly returns, if they choose so Illustration: Ajay Mohanty Come
SEBI chief warns investment bankers on new-age cos’ valuation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/sebi-chief-warns-investment-bankers-on-new-age-cos-valuation/article38015321.ece Merchant bankers must follow rules in letter & spirit: Tyagi With retail investors burning their fingers in the Paytm IPO, SEBI Chairman Ajay
Taxmen can directly initiate recovery for mismatch in sales in GSTR-1, 3B – The Financial Express
lipped from: https://www.financialexpress.com/economy/taxmen-can-directly-initiate-recovery-for-mismatch-in-sales-in-gstr-1-3b/2387343/ Under the goods and services tax law, so far, show cause notices were first issued and then recovery process was initiated in such
The future of algo trading – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/trade-talk-the-future-of-algo-trading/2386057/ Although the regulatory framework proposed by SEBI is well-intended, there are some concerns with the approach What happens at the backend of such
Is India safe from US Fed’s tapering spree? Arvind Panagariya decodes – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-commentary/is-india-safe-from-us-feds-tapering-spree-arvind-panagariya-decodes/articleshow/88439913.cmsSynopsis Why should India and other emerging market economies (EMEs) care what the US does to its money supply? The short answer is that
Merchants to RBI: Not prepared, extend tokenisation deadline | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/rbi-tokenisation-deadline-merchants-7686073/ If implemented in the present state of readiness, the new RBI mandate could cause major disruptions and loss of revenue, especially for merchants,
Jayanth Varma: ‘No longer appropriate to stick to policy stance’ | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/jayanth-varma-rbi-monetary-policy-7686076/ “I believe that monetary policy is no longer the right instrument to deal with the Covid-19 pandemic whose economic effects (as opposed to
ITR Filing 2020-21: Last date, List of Documents Required to file an Income Tax Returns–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/business/itr-filing-fy-2020-21-know-last-date-list-of-documents-required-to-file-income-tax-return-7684873/ Income Tax Return (ITR) Filing FY 2020-21 Last Date, documents required: Have you filed your income tax return (ITR) for the financial year
Here’s a guide to change your number in WhatsApp without losing chats – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/heres-a-guide-to-change-your-number-in-whatsapp-without-losing-chats/article38002827.ece This option is available both in iOS and Android Meta owned messaging platform WhatsApp allows its users to change numbers without losing chats.
IT raids on 4 ARCs: Banks may become wary about selling NPAs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/it-raids-on-4-arcs-banks-may-become-wary-about-selling-npas/article38003717.ece Bankers fear old cases of NPA sale to ARCs being opened up Bankers may baulk at selling bad loans to asset reconstruction companies
Zomato, Swiggy stare at GST complexities from January 1 – The Financial Express
lipped from: https://www.financialexpress.com/economy/zomato-swiggy-stare-at-gst-complexities-from-january-1/2383694/ According to this circular, invoicing of the above service has been made the responsibility of ECOs. In September 2021 it was announced that
Put in place foolproof IT system, control mechanism to check assessment errors: CAG to CBDT – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/put-in-place-foolproof-it-system-control-mechanism-to-check-assessment-errors-cag-to-cbdt/2385945/ Comptroller and Auditor General of India (CAG), in a report tabled in Parliament, audited 356 high value cases pertaining to Corporation Tax with
Did Religare, IL&FS, and Essar promoters carry out circuitous transactions through Srei Group firms? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/did-religare-ilfs-and-essar-promoters-carry-out-circuitous-transactions-through-srei-group-firms/primearticleshow/87869116.cms From Left, Shivinder Singh, Malvinder Singh, erstwhile promoters of Religare group; Hemant Kanoria, former chairman, Srei Infrastructure Finance; Ravi Ruia, Vice chairman, Essar
Negligible revenues, insufficient collateral yet Srei Group lenders gave crores to obscure firms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/negligible-revenues-insufficient-collateral-yet-srei-group-lenders-gave-crores-to-obscure-firms/primearticleshow/88285684.cms SynopsisAmid insolvency proceedings, Srei Group-owned lenders’ decisions, taken as recent as two years back, could bring more trouble for the group. Documents filed
Bank NPA analysis: NPA situation is turning favourable for banks; will it sustain? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/npa-situation-is-turning-favourable-for-banks-will-it-sustain/articleshow/88391607.cms SynopsisA study shows the gross NPAs of almost all private and PSU banks have stabilised in the September ’21 quarter as the post-second
IBC: Time is right for stressed asset investors to play a more meaningful role – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/ibc-time-is-right-for-stressed-asset-investors-to-play-a-more-meaningful-role/articleshow/88405503.cmsSynopsis The Insolvency and Bankruptcy Code was enacted in 2o16 but its yet to gain popularity. The stressed asset market in India is estimated