Clipped from: https://economictimes.indiatimes.com/news/economy/policy/ipr-plays-important-role-in-strengthening-growth-focus-on-development-fm/articleshow/89849765.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis Finance Minister Nirmala Sitharaman on Saturday said India is at a stage where growth and the focus on development have got to
Day: February 26, 2022
ECGC withdraws coverage for shipments to Russia; huge setback for exporters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/ecgc-withdraws-coverage-for-shipments-to-russia-huge-setback-for-exporters/articleshow/89846333.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis ECGC in a communication said “based on the near-term commercial outlook, it has been decided to modify the country risk classification of
Reliance takes control of Future Retail stores, offers jobs to employees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/reliance-steps-up-efforts-to-take-control-of-future-retail/articleshow/89842743.cms Synopsis Reliance Retail has started to take possession of the premises in which Future Retail is operating its stores such as Big Bazaar
Not raising reverse repo rate could make the benchmark ‘irrelevant’: Prof JR Varma – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/not-raising-reverse-repo-rate-could-make-the-benchmark-irrelevant-prof-jr-varma/articleshow/89835307.cms Synopsis If the central bank is embarking on the path of rate tightening and liquidity normalization, it should ‘say it openly’ instead of
Auto, pharma, oil & gas may feel the jitters of Ukraine conflict – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/auto-pharma-oil-gas-may-feel-the-jitters-of-ukraine-conflict/articleshow/89841061.cms Synopsis Russia’s invasion of Ukraine has impacted markets globally. Even as Indian stock indices staged a partial recovery from Thursday’s market slump, investors
Legal or illegal? SC asks Centre to make its stand clear on Bitcoins | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/legal-or-illegal-sc-asks-centre-to-make-its-stand-clear-on-bitcoins-122022500537_1.html The Reserve Bank of India’s order banning banks from supporting crypto transactions, was reversed in March 2020, by the Supreme Court. Photo: Bloomberg
Oil shock: Economy will suffer, but less reason to worry than in the past | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/oil-shock-economy-will-suffer-but-less-reason-to-worry-than-in-the-past-122022501197_1.html The fear now is that consumers will take longer to come out of their shell, growth will moderate and full recovery from the
Shouldn’t regulators have constitutional status? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/shouldn-t-regulators-have-constitutional-status-122022501697_1.html Since 2014 the Modi government has attempted several structural reforms Here’s a question that polite people are not asking: Could the extraordinary happenings
Rising oil can burn Rs 1-trillion hole in govt coffers in FY23: SBI report | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/rising-oil-can-burn-rs-1-trillion-hole-in-govt-coffers-in-fy23-sbi-report-122022500575_1.html Based on the existing value-added tax (VAT) structure and taking Brent crude price of $100 – $110 per barrel, SBI believes diesel and
Consumer durables firms in wait-and-watch mode | Russia-Ukraine crisis: Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/russia-ukraine-crisis-consumer-durables-firms-in-wait-and-watch-mode-122022600065_1.html Freight costs had only recently started to stabilise, which were on the rise during the pandemic. Representative image Consumer durables firms are closely monitoring
Supply disruptions may cost Tirupur’s garment industry Rs 1,200 cr a month | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/supply-disruptions-may-cost-tirupur-s-garment-industry-rs-1-200-cr-a-month-122022600058_1.html The last few days had seen prices of cotton rising in India with reports of a Russian invasion After being hit by the
We shouldn’t restrict our ability to respond: External member of RBI’s MPC | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/we-shouldn-t-restrict-our-ability-to-respond-external-member-of-rbi-s-mpc-122022600017_1.html The Ukraine situation is a shock both to growth and to inflation, and it is too early to say which of these two
Need govt support, specific incentives for services sectors: Exporters | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/need-govt-support-specific-incentives-for-services-sectors-exporters-122022600007_1.html SEPC says travel, tourism and hospitality sectors need govt support Service Exports from India Scheme (SEIS) is the only central incentive scheme that
Expand PLI scheme for pharma to make it research-linked, says industry | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/expand-pharma-pli-scheme-to-make-it-research-linked-indian-pharma-122022500644_1.html So far 55 drug manufacturers have been selected under the PLI scheme for pharma. So far 55 drug manufacturers have been selected under
GST intelligence body widens investigation on fintech firm BharatPe | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/gst-intelligence-body-widens-investigation-on-fintech-firm-bharatpe-122022600074_1.html Audit at BharatPe had suggested deeper investigation on deals with non-existent vendors A spokesperson for BharatPe said the company is cooperating with the
A crisis that no school prepared them for – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-variety/a-crisis-that-no-school-prepared-them-for/article65085661.ece They form almost a quarter of international students in Ukraine The incidents that unfolded on Thursday in Ukraine have left the world dumbstruck.
Scam lessons – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/scam-lessons/article65085728.ece Even as investigations gather speed, the right lessons have to be learnt from the NSE scam Investigations into the National Stock Exchange (NSE)
From April 1, GST e-invoice mandatory for businesses with Rs. 20-crore turnover – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/from-april-1-gst-e-invoice-mandatory-for-businesses-with-rs-20-crore-turnover/article65085685.ece Standardisation and inter-operability to reduce disputes, cut processing costs The threshold of issuing GST e-invoice (electronic invoice) has been lowered to Rs. 20-crore