Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-nbfcs-seek-flexibility-in-msme-loans-refinancing-facility-for-onward-lending-to-small-businesses/2399612/ Credit and Finance for MSMEs: The RBI in November 2021 had asked lenders to classify borrower accounts as overdue as part of their
Day: January 6, 2022
Bitcoin could become more valuable than gold; Goldman Sachs says this crypto may hit $100,000 mark – The Financial Express
Clipped from: https://www.financialexpress.com/market/bitcoin-could-become-more-valuable-than-gold-goldman-sachs-says-this-crypto-may-hit-100000-mark/2399584/ Goldman said that bitcoin currently has 20% share of “store of value” market citing it’s $700 billion market capitalization compared to the around
Five things you need to know before investing in cryptocurrencies – The Financial Express
Clipped from: https://www.financialexpress.com/money/five-things-you-need-to-know-before-investing-in-cryptocurrencies/2399585/ The Indian government is working on a financial bill to regulate virtual currencies, which may give clarity on how the crypto market will
Hacks, Houdini acts, and rug pulls: why DeFi smart contracts must be more secure than smart in 2022. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/hacks-houdini-acts-and-rug-pulls-why-defi-smart-contracts-must-be-more-secure-than-smart-in-2022-/primearticleshow/88720307.cms SynopsisAs crypto assets became more mainstream in 2021, incidents of hacks and rug pulls also increased. Decentralised finance of DeFi accounted for 76%
Missed the income tax return filing deadline? Here’s what you can do | Missed ITR filing deadline
Clipped from: https://economictimes.indiatimes.com/wealth/tax/missed-the-income-tax-return-filing-deadline-heres-what-you-can-do/articleshow/65631847.cms If you missed the deadline (i.e., December 31, 2021) to file your income tax return (ITR) for FY 2020-21, don’t worry, you can still file
ECommerce Sector: Why India’s e-commerce sector doesn’t need a one-size-fits-all regulatory intervention – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/why-indias-e-commerce-sector-doesnt-need-a-one-size-fits-all-regulatory-intervention/articleshow/88719147.cmsSynopsis The not-so-rosy flip side comprises the growing discontent among business users of ecommerce platforms and the regulatory muddle that defines Indian ecommerce today.
Latest life insurance claim settlement ratio of companies in 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/life-insurance/latest-life-insurance-claim-settlement-ratio-of-companies-in-2022/articleshow/88725849.cmsSynopsis The claim settlement ratio of LIC was 98.62 per cent as at March 31, 2021 compared to 96.69 per cent as at March
Supply chain woes prompt a new push to revive US factories – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/supply-chain-woes-prompt-a-new-push-to-revive-us-factories/articleshow/88724661.cmsSynopsis Backups at overwhelmed ports and the challenges of obtaining components as well as finished products in a timely way have convinced companies to
How to build a competitive export-ready business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/process/how-to-build-a-competitive-export-ready-business/articleshow/88726431.cmsSynopsis Whether you are an importer or exporter, make sure you understand the different incoterms thoroughly so that the responsibilities of both the parties
Chip execs say there’s no short-term fix for supply shortage – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/chip-execs-say-theres-no-short-term-fix-for-supply-shortage/articleshow/88725330.cmsSynopsis Automakers have missed out on billions of dollars in revenue because they couldn’t get the electronic components that are central to their products.
Indians to soon get e-passports: Ministry of External Affairs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/visit/indians-to-soon-get-e-passports-ministry-of-external-affairs/articleshow/88726807.cmsSynopsis The microchip embedded in the passport will hold all vital information related to the passport holder’s biometric data, as well as security features
Industrial, warehousing space absorption over 44 million sq ft in 2021: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/industrial-warehousing-space-absorption-over-44-million-sq-ft-in-2021-report/articleshow/88728133.cmsSynopsis In spite of Covid restrictions and lockdowns impacting construction activities, India witnessed a fresh supply of 45 million sq ft during the year
Cyber insurance: Companies buying higher sum insured, wider covers despite big rise in premium – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/cyber-insurance-companies-buying-higher-sum-insured-wider-covers-despite-big-rise-in-premium/2399501/ Premium rates for cyber insurance has continuously been rising as the threat perception has gone up, increasing number of claims being reported, reinsurers
GST hike on textiles will put financial burden on 85% population if not withdrawn: Traders to Piyush Goyal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-gst-hike-on-textiles-will-put-financial-burden-on-85-population-if-not-withdrawn-traders-to-piyush-goyal/2398296/ Ease of Doing Business for MSMEs: In November 2021, the government had notified uniform GST at 12 per cent on man made fibre (MMF), MMF yarn, MMF
Why lakhs of MSMEs haven’t yet registered on Udyam portal despite govt schemes? Here’s what data suggests – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-do-lakhs-of-msmes-no-longer-want-benefits-of-msme-registration-heres-what-govt-data-suggests/2397353/ Ease of Doing Business for MSMEs: As of January 3, 2022, 60,65,339 were microenterprises registered on the Udyam portal followed by 3,14,332 small and 34,102
The infrastructure push | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-infrastructure-push-122010501647_1.html Higher expenditure will be needed to sustain recovery The surge in new infections has increased risks for the ongoing economic recovery. A rapid rise in
Great Resignation hits record high with 4.5 million exits in November | Business Standard News
Clipped from: https://www.business-standard.com/article/international/great-resignation-hits-record-high-with-4-5-million-exits-in-november-122010600046_1.html The Labor Department also reported that employers posted 10.6 million job openings in November A record 4.5 million Americans quit their jobs in November while
I don’t think we are a media company: Meta, India’s vice president & MD | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/i-don-t-think-we-are-a-media-company-meta-india-s-vice-president-md-122010501535_1.html In the last 18 months, a lot of what we have been talking about has been put in place, said Mohan Ajit Mohan,
Micro lenders seek extension of credit guarantee scheme in Union Budget | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/micro-lenders-seek-extension-of-credit-guarantee-scheme-in-union-budget-122010500794_1.html Seek allocation of Rs 15,000 cr for FY23, of which at least 75% should be earmarked for small and mid-size MFIs Sa-Dhan, the
Is Taxman getting over-aggressive? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-taxman-getting-over-aggressive/article38135026.ece While many recent searches may be justified, more clarity in the GST law is needed to ensure fairness During the first few years
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