lipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-believes-differing-policy-strategy-policy-stance-can-coexist-sbi-report/articleshow/89501174.cms Synopsis On Thursday, the Reserve Bank of India (RBI) surprised the market with a policy statement that has a lower gross domestic product
Month: February 2022
Cryptocurrency News: FM Sitharaman says taxing cryptos doesn’t mean it has been legalised – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/fm-sitharaman-says-taxing-cryptos-doesnt-mean-it-has-been-legalised/articleshow/89496281.cms Synopsis The finance minister has spoken out at a time when the cryptocurrency tax is geeting a mixed reaction with some pointing towards
Sensex crash today: Sensex snaps 3-day winning run on Fed rate hike fears, tanks 773 pts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sensex-tumbles-700-pts-as-high-us-inflation-sets-stage-for-aggressive-fed-rate-hikes/articleshow/89493832.cms Synopsis Thanks to the selling, equity investors lost Rs 4.01 lakh crore as their wealth reflected in the market cap of BSE-listed firms
MPC, accommodative for now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/mpc-accommodative-for-now/article64999993.ece The RBI is focusing on growth for now | Photo Credit: FRANCIS MASCARENHAS Sanguine on inflation, cautious on growth As expected, the Monetary
Policy of denial – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/editorial/policy-of-denial/article65000173.ece **EDS: SCREENSHOT FROM A LIVE VIDEO STREAM BY @RBI ON WEDNESDAY, MAY 5, 2021** Mumbai: Reserve Bank of India Governor Shaktikanta Das during
The RBI’s sanguine inflation bet – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-rbis-sanguine-inflation-bet/article65000406.ece The RBI will be required to step in to make a success of the government’s borrowing programme | Photo Credit: PUNIT PARANJPE The
‘I do not want to give a timeline for digital currency…we are working very carefully’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/i-do-not-want-to-give-a-timeline-for-digital-currencywe-are-working-very-carefully/article65000590.ece RBI top brass answer media queries on the bi-monthly monetary policy review The monetary policy committee left the repo rate unchanged at 4
Over 26,000 ways an entrepreneur can land in jail for non-compliance of business laws – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/over-26000-ways-an-entrepreneur-can-land-in-jail-for-non-compliance-of-business-laws/article64999953.ece Five States have more than 1,000 imprisonment clauses in their business laws — Gujarat (1,469), Punjab (1,273), Maharashtra (1,210), Karnataka (1,175) and Tamil
Dovish MPC holds repo rate for durable recovery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dovish-mpc-holds-repo-rate-for-durable-recovery/article65000076.ece RBI Governor Shaktikanta Das speaks on RBI monetary policy, Mumbai, on Thursday RBI leaves reverse repo rate unchanged; policy stance continues to be
Budget with BS, Ep 16: Tax revenue, green energy, and Q&A with C Rangarajan, Video Gallery – Business Standard
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
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,
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