Clipped from: https://www.thehindubusinessline.com/opinion/rbi-focuses-on-sustaining-economic-revival/article37902376.ece Tough balancing act – PAUL NORONHA Tough balancing act – PAUL NORONHA× Going ahead, the central bank will have to carefully balance the
Month: December 2021
Supporting growth | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/supporting-growth-121120900001_1.html Govt action will be more important than monetary policy The outcome of the bi-monthly meeting of the Monetary Policy Committee (MPC) was on expected lines.
RBI Policy: Subtle shift in growth-inflation balance | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-policy-subtle-shift-in-growth-inflation-balance-121120800556_1.html We foresee hikes of 25 bps each in the repo and reverse repo rates each in the April 2022 and June 2022 reviews
A straight jacket policy by the RBI as the Omicron threat looms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/a-straight-jacket-policy-by-the-rbi-as-the-omicron-threat-looms-121120800307_1.html The next policy in February will be come post the Budget announcement. It will be crucial as the state of the economy will
Changes in Income Tax return filing that you must know before setting out | Business Standard News
lipped from: https://www.business-standard.com/article/pf/changes-in-income-tax-return-filing-that-you-must-know-before-writing-forms-121120800514_1.html There are some changes in the e-filing site, ITR Forms for AY 2021-22, as well as in the process of filing returns. The
We’re almost cashless societies, but let’s not rush too quickly into future | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/we-re-almost-cashless-societies-but-let-s-not-rush-too-quickly-into-future-121120801247_1.html It isn’t the pandemic that’s putting this popular means of payment out of existence. All that Covid-19 has done is to accelerate a
RBI monetary policy: MPC goes for normalisation by stealth | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-monetary-policy-mpc-goes-for-normalisation-by-stealth-121120801074_1.html It is difficult to predict whether we will see a reverse repo rate hike in February or whether it will be held over
RBI does well to focus on growth; it may wait till February to act on rates – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-does-well-to-focus-on-growth-it-may-wait-till-february-to-act-on-rates/2384875/ Right signalling key to avoid disrupting markets The informal economy remains very fragile, and for all the good farm output, the terms of
Why e-invoicing system has been a roller coaster ride for MSMEs so far – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-why-e-invoicing-system-has-been-a-roller-coaster-ride-for-msmes-so-far/2382412/ Ease of Doing Business for MSMEs: Many medium and small enterprises lack storage arrangements. You can be affected by the lack of storage
Meta to skill 1 cr small businesses in 3 years; opens new office to house largest team in India – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-skil-meta-to-skill-1-cr-small-businesses-in-3-years-opens-new-office-to-house-largest-team-in-india/2384402/ Skill, Labour, Talent for MSMEs: The new office will have a separate area for demonstrating how technologies like augmented reality and virtual reality
RBI for raising UPI transaction limit to Rs 5 lakh in select cases – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-for-raising-upi-transaction-limit-to-rs-5-lakh-in-select-cases/2384882/ The central bank will shortly issue separate instructions to the National Payment Corporation of India (NPCI) in this regard. The transaction data analysis
Need to be careful about cyber risks to CBDC: RBI Governor Shaktikanta Das – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/need-to-be-careful-about-cyber-risks-to-cbdc-das/2384840/ CBDCs may be an electronic version of the paper currency, the RBI said. Apart from cyber risks and the risk of digital frauds,
Unprecedented tax revenue augurs well for India – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/revenue-relief-unprecedented-tax-revenue-augurs-well-for-india/2384857/ This can help India shake off its past burdens and focus on accelerated economic growth this decade Actual I-T tax collections for April-Oct
UPI payments without Internet? Here’s what RBI says – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/upi-payments-without-internet-heres-what-rbi-says-314794-2021-12-08 The Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday announced that it will launch UPI-based payment products for feature phone users.
MSME lender Indifi Technologies AUM crosses Rs 500 crore in Q2FY22; up by 43% from previous quarter – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-indifi-disburses-loans-worth-rs-500-crore-to-small-businesses/2384482/ Credit and Finance for MSMEs: The rise in loan disbursals is attributed to the increase in the number of borrowers and also the
How Financial Inclusion is playing a vital role in the Banking Sector – The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/how-financial-inclusion-is-playing-a-vital-role-in-the-banking-sector/2381964/ Financial inclusion is about delivering banking services to all sections of society. Primarily, it’s enabling to reduce the economic gap between the rich
India’s first woman psychiatrist Sarada Menon made it possible for the mentally ill to salvage their lives from indignity | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/indias-first-woman-psychiatrist-sarada-menon-mental-hospital-mentally-ill-7661468/ Sarada Menon’s life spanned an era, from pre-Independence India to the current times, when ideas about self-care, therapy and neurodivergence are no longer
Rs 2,000 denomination now 15.1% of total value of notes in circulation | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/banking-and-finance/rs-2000-denomination-now-15-1-of-total-value-of-notes-in-circulation-7661448/ The share of Rs 2,000 notes in circulation has fallen even as the currency in circulation has risen over 62 per cent over
Cash is dying, but we aren’t ready to bury it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-cash-is-dying-but-we-arent-ready-to-bury-it/articleshow/88157151.cmsSynopsis If all the money in circulation is private, controlled by e-commerce and social media platforms, authorities won’t be able to protect consumers from
Got a suggestion? Keep it–Editorial Deccan Chronicle
lipped from: https://www.deccanchronicle.com/opinion/dc-comment/081221/dc-edit-got-a-suggestion-keep-it.html News The statement of senior Congress leader and key member of G-23 Ghulam Nabi Azad that the present generation of Congress is “not open
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