Clipped from: https://www.business-standard.com/multimedia/video-gallery/budget/budget-with-bs-ep-16-tax-revenue-green-energy-and-q-a-with-c-rangarajan-140481.htm BS Reporters Last Updated at February 10, 2022 17:45 IST Budget with BS, Ep 16: Tax revenue, green energy, and Q&A with C Rangarajan
Day: February 10, 2022
Wall Street falls as report shows US inflation still red hot | Business Standard News
Clipped from: https://www.business-standard.com/article/international/wall-street-falls-as-report-shows-us-inflation-still-red-hot-122021001600_1.html Germany’s DAX slipped 0.1% and France’s CAC 40 edged down 0.5% after being up earlier. US markets are falling after a report showed inflation in
Monetary policy: RBI surprises with dovish note as growth concerns weigh | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/monetary-policy-rbi-surprises-with-dovish-note-as-growth-concerns-weigh-122021000551_1.html Observing that consumer price inflation is expected to peak in the current quarter while the output is barely above pre-pandemic levels, Das said
Cautiously progressing to introduce CBDC; do not want to rush it: RBI Guv | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cautiously-progressing-to-introduce-cbdc-do-not-want-to-rush-it-rbi-guv-122021001423_1.html In her Budget 2022-23 speech, Finance Minister Nirmala Sitharaman had announced that the RBI will introduce a digital currency in the next financial
Awaiting Justice: Delays in settling disputes, overload in admission of cases & language of judgements mar justice delivery – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/awaiting-justice-delays-in-settling-disputes-overload-in-admission-of-cases-language-of-judgements-mar-justice-delivery/2429807/ Part of the mess is because of the complicated nature of inheritance and succession laws, even more so if the individual dies intestate.
Assuming summary toxicity: SEBI’s new norms on related party transactions norms risk being a policy overkill – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/assuming-summary-toxicity-sebis-new-norms-on-related-party-transactions-norms-risk-being-a-policy-overkill/2429770/ Research by TARI shows over 51% of the financial fraud between 2012 to 2018—investigated by regulators and resulting in indictment—have used RPTs as
Over 26,000 clauses that can put entrepreneurs in jail for non-compliance with business laws: Report – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-over-26000-clauses-that-can-put-entrepreneurs-in-jail-for-non-compliance-with-business-laws-report/2430450/ Ease of Doing Business for MSMEs: “This regulatory overreach impacts not just entrepreneurs running for-profits, but not-for-profit institutions as well. There is a
RBI’s repo rate decision guided by India’s needs, guv Das says world’s monetary authorities in divergent modes – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbis-repo-rate-decision-guided-by-indias-needs-guv-das-says-worlds-monetary-authorities-in-divergent-modes/2430241/ Similarly, there is no inflation on wages or rentals being seen in India which is playing into the core inflation front, unlike other
Shaktikanta Das burns cryptocurrency investors: Crypto as bad as Tulip bubble? No, even worse – The Financial Express
Clipped from: https://www.financialexpress.com/market/shaktikanta-das-burns-cryptocurrency-investors-calls-crypto-assets-worth-less-than-tulip-bulbs/2430274/ RBI’s Shaktikanta Das said investors investing in crypto should keep in mind these cryptocurrencies do not have an underlying, not even a tulip.
RBI’s decision to keep interest rates & stance unchanged has come as a respite to bond prices, say market experts – The Financial Express
Clipped from: https://www.financialexpress.com/market/rbis-decision-to-keep-interest-rates-stance-unchanged-has-come-as-a-respite-to-bond-prices-say-market-experts/2430548/ Market experts said that no change in rates or stance by the Reserve Bank of India is a big boost to sagging bond
Will focus on scrutiny, audit of GST returns in coming year: Vivek Johri, CBIC chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/will-focus-on-scrutiny-audit-of-gst-returns-in-coming-year-vivek-johri-cbic-chairman/articleshow/89466069.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis Johri says the rationalisation exercise would involve restructuring of the rates. It may involve a review of exemptions. And in the bargain,
RBI projects 7.8% GDP growth for 2022-23 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbi-projects-7-8-gdp-growth-for-2022-23/articleshow/89472081.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The Reserve Bank of India has pegged the economic growth rate for 2022-23 at 7.8 per cent, down from 9.2 per cent
Bankers, financial experts hail RBI policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/bankers-financial-experts-hail-rbi-policy/articleshow/89483770.cms Synopsis The central bank’s monetary policy committee earlier in the day decided to keep the benchmark interest rate unchanged at 4 per cent,
In current times, monetary and fiscal policies cannot be a ‘question of either or’: Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/in-current-times-monetary-and-fiscal-policies-cannot-be-a-question-of-either-or-shaktikanta-das/articleshow/89483323.cms Synopsis To a query on whether the central bank has fallen behind the curve of its peers, Das said, “we are very clear
Banking on the budget with no surprises | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/banking-on-the-budget-with-no-surprises-122013100001_1.html The future of deposits will be an issue for banks. This year, quite ironically, banks have been happy with deposits not growing, as
Budget 2022: 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
Tax when you want to spend | Business Standard Column
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
Buyer shouldn’t pay for bank’s mistake | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/buyer-shouldn-t-pay-for-bank-s-mistake-122013000883_1.html Despite the State Commission having concluded that there was deficiency in service on the part of the bank, it had not been held
Govts can’t create jobs | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govts-can-t-create-jobs-122013101786_1.html The less they focus on employment creation, the better it may be for the economy One of the problems created by giving the
No self-congratulation | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/no-self-congratulation-122013101755_1.html Economic Survey wrestles with growth impact of pandemic The Economic Survey for 2021-22 has been tabled in Parliament, in a format somewhat different from previous