Clipped from: https://www.financialexpress.com/opinion/why-nbfcs-need-icaap/2402035/ Regulatory concerns on capital assessment and risk management need to be addressed It is quite clear that Middle Layer and Upper Layer NBFCs’
Day: January 11, 2022
Economy not out of the woods yet – The Financial Express
lipped from: https://www.financialexpress.com/opinion/economy-not-out-of-the-woods-yet/2402041/ Surprising that GFCF growth pegged at 15%; services still suffering It is surprising, therefore, that the increase in gross fixed capital formation has
1% GST for sweets, namkeens sold over the counter, rules Karnataka AAR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/1-gst-for-sweets-namkeens-sold-over-the-counter-rules-karnataka-aar/article38224348.ece?homepage=true Rate to apply if there is no in-shop eating facility A sweet shop manufacturing and selling sweets and namkeen over the counter only
Now, Securities Appellate Tribunal pulls up SEBI for ‘judicial indiscipline’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/now-securities-appellate-tribunal-pulls-up-sebi-for-judicial-indiscipline/article38224145.ece?homepage=true SAT comes down heavily on regulator for third time in less than a month The ongoing friction between SEBI and Securities and Appellate
Bond yields soar to 2-year high – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/stock-markets/bond-yields-soar-to-2-year-high/article38225129.ece?homepage=true Mainly on jump in US Treasury yields, high supply of G-Secs/state loans, rising inflation India’s benchmark yield jumped to the highest in two
cvc: Protect bankers from arbitrary witch-hunt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/protect-bankers-from-arbitrary-witch-hunt/articleshow/88818259.cmsSynopsis A change in the banks’ holding structure giving them functional autonomy, accompanied by accountability, is a reform overdue. The Central Vigilance Commission‘s (CVC) reported
Consumer sentiments fell in December | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/consumer-sentiments-fell-in-december-122011001376_1.html Something seems to have snapped in December 2021. Consumer sentiments declined after increasing for five consecutive months. The Index of Consumer Sentiments fell
The difficulty in spending | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-difficulty-in-spending-122011001491_1.html Tax receipts are surging and markets are primed for higher state government deficits, but states are struggling to spend One can easily spend
Now, AAAR rules ready-to-eat fryums papad to draw 18% GST | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/now-aaar-rules-ready-to-eat-fryums-papad-to-draw-18-gst-122011100035_1.html GST rate is based on classification of products based on the harmonised system of nomenclature (HSN) codes Deciding the goods and services tax
ICMR says self rapid antigen test will be considered confirmatory – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/icmr-says-self-rapid-antigen-test-will-be-considered-confirmatory/articleshow/88815890.cmsSynopsis The RAT test result should be uploaded on ICMR’s portal. The self RAT test kits are now available over-the-counter and through online pharmacies
Textile news: Textile exports: How India can reach a target of $65 billion and counter Vietnam, Bangladesh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/textile-exports-how-india-can-reach-a-target-of-65-billion-and-counter-vietnam-bangladesh/articleshow/88801502.cmsSynopsis The path to achieving these targets will entail both government and industry taking crucial steps. And the government seems geared up for the
I-T detects Rs 800-cr hidden cash transactions after raids on Andhra, Telangana realty groups – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/i-t-detects-rs-800-cr-hidden-cash-transactions-after-raids-on-andhra-telangana-realty-groups/articleshow/88814439.cmsSynopsis Incriminating documents like handwritten books, agreements and digital data have been seized from a specialised software application as well as from other electronic
Paytm: IPO investors loss mounts as stock hits fresh low – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/paytm-ipo-investors-loss-mount-as-stock-hits-fresh-low/article38216110.ece Macquarie lowers price target to ₹900 Shares of One97 Communications (Paytm) hit yet another low on Monday, as Macquarie lowered the price target
India’s furniture industry estimated to touch $40 bn by 2026 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/indias-furniture-industry-estimated-to-touch-40-bn-by-2026/article38217986.ece As pandemic has made online a preferred medium of shopping, number of online furniture shoppers is estimated to rise from 1.8 million in
Covid surge: SC accepts plea to revive limitation extension orders | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-surge-sc-accepts-plea-to-revive-limitation-extension-orders-122011000367_1.html The Supreme Court on Monday agreed to extend the limitation period of filing cases across judicial and quasi-judicial fora in the country. Supreme
Bounce rates in December fall to their lowest since Covid-19 pandemic | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bounce-rates-in-december-fall-to-their-lowest-since-covid-19-pandemic-122011000450_1.html Bounce rates are even lower than pre-Covid levels seen during December’19 – February’0 period. Suresh Ganapathy, associate director, Macquarie Capital, said, “This indicates
Macquarie values Paytm at Rs 900; stock falls 45% against issue price | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/paytm-slips-4-hits-new-low-down-45-from-issue-price-of-rs-2-150-122011000569_1.html Global brokerage Macquarie has maintained its ‘underperform’ rating on the stock and reduced its target price (TP) to Rs 900. Shares of One97
Physical or digital: Choose the ITR verification method you find convenient | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/physical-or-digital-choose-the-itr-verification-method-you-find-convenient-122011000975_1.html Your tax return will become invalid unless it is verified within 120 days Even if you have met the December 31 deadline for
Five Star Business Finance, Waaree Energies get Sebi’s nod to float IPOs | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/five-star-business-finance-waaree-energies-get-sebi-s-nod-to-float-ipos-122011001082_1.html Non-banking financial company Five Star Business Finance and solar energy player Waaree Energies have received capital markets regulator Sebi’s go-ahead to raise funds
NSE to launch derivatives on mid-cap stocks index from Jan 24 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/nse-to-launch-derivatives-on-mid-cap-stocks-index-from-jan-24-122011001123_1.html Nifty Midcap Select Index aims to track the performance of a focused portfolio of 25 stocks within the Nifty Midcap 150 index, NSE