Clipped from: https://www.financialexpress.com/opinion/more-than-a-token-step/2404162/ Tokenisation will make online transactions using cards secure, while maintaining the ‘seamlessness’ of digital payments The last four digits of the tokenised card
Month: January 2022
MSME body CIMSME launches portal for MSMEs to report payment defaults by pvt, govt buyers – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-exclusive-msme-body-cimsme-launches-new-portal-for-msmes-to-report-payment-defaults-by-pvt-govt-buyers/2404210/ Ease of Doing Business for MSMEs: As of January 11, 2022, 333 users had registered on the portal, of which 123 have reported
Modi’s PLI scheme to help Indian economy beat China; India to grow faster than emerging markets: World Bank – The Financial Express
Clipped from: https://www.financialexpress.com/economy/modis-pli-scheme-to-help-indian-economy-beat-china-india-to-grow-faster-than-emerging-markets-world-bank/2404707/ The World Bank said it has upgraded its expectations for India’s growth to 8.7% in FY 2022-23 “to reflect an improving investment outlook
GoI’s equity lifeline for Vodafone Idea – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-editorial/gois-equity-lifeline-for-vodafone-idea/articleshow/88840925.cmsSynopsis The government’s package for the telecom sector, largely meant to bail out Vodafone Idea, has mostly met the sector’s demands on AGR dues
Is recovery proceeding justified for differences in outward supply in GSTR-1 vs. GSTR 3B – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-is-recovery-proceeding-justified-for-differences-in-outward-supply-in-gstr-1-vs-gstr-3b/articleshow/88825736.cmsSynopsis From January 2022 the difference between outward supply shown in GSTR-1 vs. GSTR-3B of the relevant period would be considered as self-assessment tax
Govt doesn’t want to manage Vodafone Idea, fund raising on track: Ravinder Takkar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/govt-doesnt-want-to-manage-vodafone-idea-fund-raising-in-track-ravinder-takkar/articleshow/88848601.cmsSynopsis Vi’s share was trading 7.2% up at Rs 12.65, a day after it plunged over 20% on fears arising out of the future
Manpower shortage may worsen for several sectors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/manpower-shortage-may-worsen-for-several-sectors/articleshow/88844126.cmsSynopsis Several sectors – especially manufacturing, engineering, construction, real estate, healthcare and pharmaceutical – are finding it increasingly challenging to source labour. A blue-collar labour
vodafone idea: What made Vodafone Idea opt for conversion? What it hints at – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/what-made-vodafone-idea-opt-for-conversion-what-does-it-hint-at/articleshow/88850942.cmsSynopsis Post conversion, the government would likely hold around 35.8 per cent of the total outstanding shares NEW DELHI:Vodafone IdeaNSE 8.47 % had already opted
paytm: Founder Vijay Shekhar Sharma blames bad timing for Paytm’s flop listing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/founder-vijay-shekhar-sharma-blames-bad-timing-for-paytms-flop-listing/articleshow/88853045.cmsSynopsis Paytm founder Vijay Shekhar Sharma said the company he cofounded went public at a time when the market was spooked by various factors,
Why NBFCs need ICAAP – The Financial Express
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’
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
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