Clipped from: https://www.business-standard.com/article/finance/shaktikanta-das-encounters-old-foes-in-new-term-at-reserve-bank-of-india-121120900318_1.html Having kept the main interest rates steady on Wednesday, Das starts his next three-year term Dec. 11 with some in the bank already
Month: December 2021
Paytm Payments Bank receives scheduled bank status from RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/paytm-payments-bank-receives-scheduled-bank-status-from-rbi-121120900744_1.html With the scheduled bank status, the bank can explore new business opportunities Paytm Payments Bank on Thursday said it has been given the scheduled
RBI keeps interest rates unchanged as Omicron creates economic uncertainty, casts shadow over growth | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/monetary-policy-committe-on-status-quo-following-omicron-7663130/ On the growth front, the MPC believes that economic activities are gaining traction, noting that “recovery in domestic economic activity is turning increasingly
Saugata Bhattacharya writes: RBI must tackle surplus liquidity on way to policy normalisation
Clipped from: https://indianexpress.com/article/opinion/columns/rbi-must-tackle-surplus-liquidity-7663127/ 🔴 Saugata Bhattacharya writes: Liquidity management in the extended banking and financial system will now be the key pillar of normalisation Reserve Bank
Mere disclosure of bogus transaction not sufficient, reopening of assessment sustainable–TAXGURU.IN
Clipped from: https://taxguru.in/income-tax/mere-disclosure-bogus-transaction-sufficient-reopening-assessment-sustainable.html?utm_source=feedburner&utm_medium=email Nisha Diamonds Private Limited Vs ITO (Gujarat High Court) Facts- Assessee filed the ROI for AY 2012-13 on 24.08.2012 declaring total income at INR
Explained: The new Annual Information System (AIS)–TAXGURU.IN
Clipped from: https://taxguru.in/income-tax/explained-annual-information-system-ais.html?utm_source=feedburner&utm_medium=email The Income Tax Department had rolled out a new Annual Information System (AIS), a comprehensive statement containing details of all the financial transactions
What is option writing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/commodity-analysis/what-is-option-writing/article37844951.ece?homepage=true Short selling in the options segment is termed as ‘option writing’. That is writing an option means either you sell a call option
Why this clamour for farm support price? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/why-this-clamour-for-farm-support-price/article37915458.ece?homepage=true Pricing pain A statutory minimum support price will hurt farmers in the long run – Kamal Narang Pricing pain A statutory minimum support
Is RBI following a ‘normalisation’ strategy? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-rbi-following-a-normalisation-strategy/article37915988.ece?homepage=true As any hurried policy normalisation could hurt growth possibilities, the RBI’s focus is more on liquidity management The Monetary Policy Committee of the
Depositors bypassed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/depositors-bypassed/article37915886.ece Monetary policy continues to be borrower-centric Bank depositors, badly hit by the continuous reduction in interest rates, were expecting some relief in the
How to issue bill of lading and why it is important in exports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/process/how-to-issue-bill-of-lading-and-why-it-is-important-in-exports/articleshow/88159615.cmsSynopsis A BOL contains information such as details of the shipping line, the pick-up date, name of the vessel used for transport, details of
Chip-delivery wait times grow again, signaling shortages will drag on – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/chip-delivery-wait-times-grow-again-signaling-shortages-will-drag-on/articleshow/88177491.cmsSynopsis Companies from Apple Inc. to Ford Motor Co. have complained that they can’t meet demand for their own products and that their costs
Retail Inflation: India’s retail inflation likely marched higher in November – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-retail-inflation-likely-marched-higher-in-november/articleshow/88178828.cmsSynopsis High inflation last year has kept this year’s price rises compared with a year ago subdued. But that is expected to wane as
How to claim credit of TDS deducted by employer but not paid to govt? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-claim-credit-of-tds-deducted-by-employer-but-not-paid-to-govt/articleshow/88178448.cmsSynopsis If any tax has been deducted at source and deposited with the central government, it shall be treated as a payment of tax
Action shifts to surplus liquidity – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/action-shifts-to-surplus-liquidity/articleshow/88172462.cmsSynopsis The RBI expects growth to be 9.5% this fiscal. It is conservative, given that the import of capital goods has been growing at
Demand can’t be confirmed solely based on Third Party Evidence without Cross Examination: CESTAT–TAXSCAN
Clipped from: https://www.taxscan.in/demand-cant-be-confirmed-solely-based-on-third-party-evidence-without-cross-examination-cestat/136659/ Top Stories By Rasheela Basheer – On October 18, 2021 9:00 am The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that
Farmers’ rights and Pepsico’s hot potato – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/farmers-rights-and-pepsicos-hot-potato/article37901972.ece?homepage=true India’s plant variety protection law is progressive and pro-innovation. But variance in State laws must be addressed The revocation of registration granted to
Car booking cancellations ‘triple’ on prolonged waiting – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/booking-cancellation-for-cars-spike-on-prolonged-waiting-period/article37894268.ece?homepage=true Chip shortage stretches waiting time to a year for sought-after models The passenger vehicle segment, comprising cars, SUVs and vans, has seen a
Looming threat – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-central-bank-cannot-afford-to-ignore-the-threat-posed-by-inflation-for-too-long/article37902034.ece For now the RBI has focused on growth revival and left the inflation fight for another day – PTI For now the RBI
Has monetary policy been effective? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/has-monetary-policy-been-effective/article37902089.ece Low interest rates haven’t helped spur private investment and consumption, and inflation risks continue Some clear and telling signals stand out from the