Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/recovery-chances-look-slim-for-rs-20000-crore-of-micro-loans/articleshow/88415574.cmsSynopsis Microfinance lenders including banks and small finance banks may find it difficult to recover about Rs 20,000 crore worth of loans, which will
Month: December 2021
FII selling makes rupee Asia’s worst-performing emerging market currency – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/fii-selling-makes-rupee-asias-worst-performing-emerging-market-currency/articleshow/88407482.cmsSynopsis The currency declined 1.9% this quarter as global funds pulled $4.2 billion of capital out of the country’s stock market, the most among
Snapdeal files DRHP to raise funds through an initial public offering | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/snapdeal-files-drhp-to-raise-funds-through-an-initial-public-offering-121122100401_1.html The IPO comprises a fresh issue of equity shares worth up to Rs 1,250 crore and an offer-for-sale (OFS) of up to 30,769,600
India’s rooftop solar addition triples to 1.3 GW in Jan-Sep 2021: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-rooftop-solar-addition-triples-to-1-3-gw-in-jan-sep-2021-report-121122100662_1.html Gujarat is the leading state for cumulative rooftop solar installations India’s rooftop solar capacity addition tripled to 1.3 GW during January-September 2021 as
Reliance General Insurance gets IRDAI approval to test 9 products | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/reliance-general-insurance-gets-irdai-approval-to-test-9-products-121122100829_1.html Reliance General Insurance Company will soon roll out nine sandbox products to cater to the fast transforming customer requirement in the insurance sector.
‘No recommendation by GST Council to bring petroleum products under GST’ | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/no-recommendation-by-gst-council-to-bring-petroleum-products-under-gst-121122100763_1.html Excise duty on petroleum products is calibrated time to time for generating resources for infrastructure and other developmental items of expenditure: Minister of
Bill on CA, company secretaries referred to standing committee | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/bill-on-ca-company-secretaries-referred-to-standing-committee-121122100705_1.html Minister of State for Parliamentary Affairs Arjun Ram Meghwal moved the proposal for referring the Bill to the panel Chartered Accountant. Photo: Shutterstock
Insolvency proceedings in slow motion | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/insolvency-proceedings-in-slow-motion-121122101379_1.html Processes like pre-packaged insolvency resolution and mediation and conciliation, which are not adjudication-intensive, may be encouraged A corporate insolvency resolution process is like
Managing the spending bulge | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/managing-the-spending-bulge-121122101371_1.html Is the post-Covid rise in govt expenditure sustainable? Governments respond to a crisis in different ways. If the crisis impacts the economy and
Indian cybersecurity industry logged $9.85 bn as revenue in 2021: Study | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/indian-cybersecurity-industry-logged-9-85-bn-as-revenue-in-2021-study-121122101107_1.html Industry was ‘at the forefront’ in supporting government, says senior civil servant. The Indian cybersecurity industry has witnessed significant growth in the last two years,
IT raid on chit fund group finds Rs 250-crore illicit cash transaction | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/it-raid-on-chit-fund-group-finds-rs-250-crore-illicit-cash-transaction-121122101222_1.html The searches were carried out on December 16, and 30 premises of the unidentified group, also engaged in real estate and finance business
The limits of unicorns | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-limits-of-unicorns-121122101358_1.html Start-ups cannot be a growth engine for the Indian economy This may have been the second year of the global pandemic, but for
Sebi releases framework for advisory, portfolio management services | Business Standard News
lipped from: https://www.business-standard.com/article/markets/sebi-releases-framework-for-advisory-portfolio-management-services-121122101424_1.html Sebi in August introduced the concept of ‘accredited investor’ in investment advisors (IA) and portfolio manager rules The Securities and Exchange Board of
Are jobs really being created? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/are-jobs-really-being-created/article38006259.ece While data from CMIE and EPFO present a contrasting picture, jobs in the unorganised sector continue to be difficult to assess Employment data
Retrograde move – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/retrograde-move/article38006213.ece Trading suspensions are anathema to free markets; SEBI ban will kill the ailing agri derivatives market The Securities and Exchange Board of India’s
Erring auditors beware – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/erring-auditors-beware/article38006469.ece A new Bill’s focus is largely on disciplinary action The Chartered Accountants Act was first passed in 1949. Over the next 72 years,
Consistent evidence that Omicron is spreading significantly faster than the Delta variant: WHO chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/consistent-evidence-that-omicron-is-spreading-significantly-faster-than-the-delta-variant-who-chief/article38002627.ece People who have been vaccinated or have recovered from Covid-19 could be infected or re-infected, he says The World Health Organisation on Monday
India needs sustained 8% growth, low cost of capital: FICCI president | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-needs-sustained-8-growth-low-cost-of-capital-ficci-president-121122100840_1.html India needs to focus on ease of doing business, consistent tax policy and lower cost of capital to achieve a sustained growth rate
India may be heading towards stagflation, says Amit Mitra | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-may-be-heading-towards-stagflation-says-amit-mitra-121122001228_1.html Mitra said India is already suffering from rising inflation and unemployment simultaneously Illustration: Ajay Mohanty Amit Mitra, West Bengal’s former finance minister and
How India affords a falling LPR | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-india-affords-a-falling-lpr-121122001369_1.html We find that the fall in LPR since 2016 has been accompanied with a fall in the proportion of households where more than
aniltikotekar4sme.com 