Clipped from: https://www.business-standard.com/article/opinion/tax-when-you-want-to-spend-122013001016_1.html Raise the tax-GDP ratio to finance rising revenue expenditure The principal fiscal challenge that India faces is the stagnation in the tax-GDP ratio for
Month: January 2022
Fooling most people most of the time | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/markets-fooling-most-people-most-of-the-time-122013001024_1.html Cyclical stocks have been valued as growth stocks, while small-cap stocks with slightly improved earnings have relentlessly risen Stock markets all over the globe
All you want to know but don’t always ask | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/budget-all-you-want-to-know-but-don-t-always-ask-122013001046_1.html The big elephant in the room is LIC. Every effort is on for its IPO. If that happens, and it probably will, the
Global trade cloud over current account – The Financial Express
Clipped from: https://www.financialexpress.com/editorial/global-trade-cloud-over-current-account/2415924/ A wider external account deficit likely in FY22; risks of FDI & portfolio outflows are a worry. The current account—which is the broadest
Divestment and its importance in a Union Budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-divestment-and-its-importance-in-a-union-budget/article64951591.ece There are three main appraoches to disinvestment What is disinvestment? Disinvestment is the action of a government or an organisation selling or liquidating
Explained: Bad bank is ready, how will it resolve stressed assets? | Explained News,The Indian Express
lipped from: https://indianexpress.com/article/explained/explained-bad-bank-stressed-assets-7747007/ The bad bank — National Asset Reconstruction Company Limited — is ready to commence operations with 15 cases worth Rs 50,335 crore to
What is reverse repo normalisation? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-reverse-repo-normalisation-rbi-7746913/ To understand what is reverse repo normalisation, it is important to understand what is reverse repo and how it is not “normal” at
Have not terminated services of any employee, says BharatPe Board | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/have-not-terminated-services-of-any-employee-says-bharatpe-board-122012901205_1.html The Board said it remains committed to an independent and thorough audit process. It said no action has been taken or will be
Goldman Sachs predicts Fed will raise rates five times this year | Business Standard News
Clipped from: https://www.business-standard.com/article/international/goldman-sachs-predicts-fed-will-raise-rates-five-times-this-year-122012901154_1.html Bank of America Corp. now predicts seven rate hikes in 2022 and BNP Paribas SA forecasts six, while JPMorgan Chase & Co. and
IndusInd Bank admits to procedural lapses in MFI lending | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/indusind-bank-admits-to-procedural-lapses-in-mfi-lending-122012901110_1.html The bank’s chief executive and managing director Sumant Kathpalia stressed that it will not lead to any financial hit Private sector lender IndusInd Bank on
FPIs pull out ₹28,243 cr from India in Jan 2nd half – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/fpis-pull-out-rs-28243-crore-in-january/article64944783.ece Indian equities witnessed one of the worst monthly outflows of foreign funds in January. Foreign portfolio investors turned aggressive sellers of Indian shares
NCLAT dismisses Sivasankaran’s appeal against NCLT order on liquidation of Siva Industries – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/nclat-dismisses-sivasankarans-appeal-against-nclt-order-on-liquidation-of-siva-industries/article64944928.ece NCLT in September ordered liquidation of Siva Industries and rejected lenders’ proposal to withdraw the company from bankruptcy proceedings The National Company Law
After Delhi and Allahabad, Rajasthan HC quashes assessment notices issued under Section 148 of the Income Tax Act – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/rajasthan-hc-followed-delhi-allahabad-hc-in-quashing-reassessment-it-notices-issued-on-or-after-april-121/article64944869.ece Centre’s plea against Allahabad HC to be heard soon in the Supreme Court After the Delhi and Allahabad High Courts, the Rajasthan High
GST on developed plot of land: Gujarat’s Appellate Authority for Advance Ruling affirms ‘Aye’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-on-developed-plot-of-land-gujarats-appellate-authority-for-advance-ruling-affirms-aye/article64943473.ece Meanwhile, AARs of Goa, Madhya Pradesh had said ‘No’ Applicability of Goods & Services Tax (GST) on plot of land with sewerage line,
Budget should focus on bridging widened inequality in economy: Ex-RBI Guv | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-should-focus-on-bridging-widened-inequality-in-economy-ex-rbi-guv-122012700959_1.html The upcoming Budget should focus on creating jobs and bridging the widened inequality in the economy besides accelerating growth, former RBI Governor D
Budget 2022: Capex likely to focus on jobs creation, PLI expansion | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-2022-capex-likely-to-focus-on-jobs-creation-pli-expansion-122012700768_1.html India’s Federal Budget FY23’s Capex thrust is likely to focus on rural welfare and employment generation schemes. India’s Federal Budget FY23’s Capex thrust is likely
ED arrests Karvy Group CMD Parthasarathy, CFO Hari in money laundering case | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ed-arrests-karvy-group-s-cfo-will-confront-him-with-md-parthasarathy-122012700828_1.html The ED case, filed under criminal provisions of PMLA, is based on multiple Telangana Police FIRs filed by HDFC Bank, few other banks
PMC depositors move SC against final merger plan with Unity SFB | Business Standard News
lipped from: https://www.business-standard.com/article/finance/pmc-depositors-reject-merger-scheme-with-unity-sfb-will-appeal-before-sc-122012700316_1.html Among other haircut terms, depositors have to wait for 10 years to get back their money if the amount is more than Rs
Torrent Pharma tumbles 14% on disappointing Q3 results | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/torrent-pharma-freezes-at-10-lower-circuit-on-disappointing-q3-results-122012700259_1.html In Q3FY22, earnings before interest tax and depreciation and amortization (EBITDA) margins declined 490 bps YoY to 25.5 per cent driven by price
Budget should maximise capex, set stage for MPC to control inflation | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-2022-budget-should-maximise-capex-set-stage-for-mpc-to-control-inflation-122012700168_1.html Budget 2022: ICRA expects a satus quo on the stance of the monetary policy as well as the reverse repo rate in the