Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-bad-bank/article64970615.ece What is a Bad Bank? A Bad Bank is floated by lending institutions and/or Government to rid the former’s balance sheet of impaired
Month: February 2022
Digital currencies and their economic value – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-digital-currency/article64966585.ece Frankfurt, Hesse, Germany – April 17, 2018: Many coins of various cryptocurrencies | Photo Credit: gopixa It is the same as a fiat
What is the ‘Agile Framework’ used in this year’s Economic Survey – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/bl-explainer-what-is-the-agile-framework-used-in-this-years-economic-survey/article64959383.ece The framework is based on 12 principles What is an Agile Framework? Why is it in the news now? The Economic Survey 2021-22
Government exploring ways to levy GST on mining of cryptocurrencies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cryptocurrency/government-exploring-ways-to-levy-gst-on-mining-of-cryptocurrencies/article64996507.ece As on date, commission for facilitating the buy and sale of cryptocurrecny attracts GST | Photo Credit: Dado Ruvic Classification, category of mining
Can’t have a situation where jobs are in China: Govt on Tesla’s India entry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/can-t-have-a-situation-where-jobs-are-in-china-govt-on-tesla-s-india-entry-122020801639_1.html The minister of state for heavy industries also told the Lok Sabha during Question Hour that the company is yet to apply for
Low rural offtake weighs as FMCG volumes shrink nearly 2% in Q3FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/low-rural-offtake-weighs-as-fmcg-volumes-shrink-nearly-2-in-q3fy22-122020801911_1.html Value growth still higher due to price hikes Fast-moving consumer goods or FMCG companies have seen demand, especially from rural areas, take a hit thereby pulling
What are virtual digital assets? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/technology/what-are-virtual-digital-assets-122020800065_1.html Budget euphoria may well be waning away on Dalal Street, but some of its announcements are still fresh in people’s imaginations. Virtual digital
Reducing edible oil imports | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/reducing-edible-oil-imports-122020802054_1.html India needs a stable policy framework Just days after Union Finance Minister Nirmala Sitharaman spoke in her Budget speech about boosting the output
MPC will pave way for faster policy normalisation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/mpc-will-pave-way-for-faster-policy-normalisation-122020802150_1.html As the MPC signals normalisation, a key challenge for the RBI would be to ensure that even as sovereign yields rise, the move
Simplifying disclosures | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/simplifying-disclosures-122020802053_1.html Abridged prospectus will help retail investors The Securities and Exchange Board of India (Sebi) recently issued a new circular relating to the disclosure
File a rectification request in case you have received a low refund | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/file-a-rectification-request-in-case-you-have-received-a-low-refund-122020700967_1.html While recalculating your tax liability, ensure you include income from all sources If you had met the extended deadline of December 31, 2021,
Tax on unblended fuels may add to uncertainties in ethanol blending policy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/tax-on-unblended-fuels-may-add-to-uncertainties-in-ethanol-blending-policy-122020701744_1.html Will a mug of ethanol mixed with petrol count as blended, will 5 per cent constitute a blend, or will the government publish
It’s time to formalise the normalisation process: Part 2 | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/it-s-time-to-formalise-the-normalisation-process-part-2-122020800017_1.html MPC’s stance should remain accommodative till growth is secured, and future actions should be data-driven. But for now, reverse repo rate should be
crypto investors: Budget 2022 cryptocurrency tax rules leave little on table for investors: 6 ways crypto investors will be impacted – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/budget-2022-cryptocurrency-tax-rules-leave-little-on-table-for-investors-6-ways-crypto-investors-will-be-impacted/articleshow/89363091.cms SynopsisWhen experts looked into the fine print and investors understood the full implications of the rules, it became clear that the tax rules
Crypto Tax: Tax on profits from cryptocurrency is now very high. Is that a good thing, a bad thing, or nothing? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tax-on-profits-from-cryptocurrency-is-now-very-high-is-that-a-good-thing-a-bad-thing-or-nothing/articleshow/89364085.cms SynopsisIf one is to believe the news, then people who are involved with crypto trading in any way, are actually happy with the
Decoding SME lending in the 21st century – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/digital-lending-is-the-future-for-msmes-here-why/articleshow/89397784.cms Synopsis With the pandemic providing renewed impetus to MSMEs to digitalize and formalize, proprietors are becoming increasingly comfortable with having their business needs
digital rupee: Why India’s plan to launch a digital rupee needs more thought, less haste – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/indias-plan-to-launch-a-digital-rupee-needs-more-thought-less-haste/articleshow/89417599.cms Synopsis A digital rupee will be like banknotes, but minus the ATMs. Users will be able to transfer purchasing power from their deposit
private investment: View: Budget 2022 lays the groundwork for private investment revival in the economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-budget-2022-lays-the-groundwork-for-private-investment-revival-in-the-economy/articleshow/89398131.cms Synopsis Budget 2022 continues to focus on strong capital formation in the economy and puts in place an incentive structure to stimulate private
GoI is putting a spotlight on infrastructure-led growth. But how soon will this crowd in private investments? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/goi-is-putting-a-spotlight-on-infrastructure-led-growth-but-how-soon-will-this-crowd-in-private-investments/articleshow/89372095.cms Synopsis It was a bit of a surprise when Finance Minister Nirmala Sitharaman’s Budget 2022 did not take the usual route of handouts
Why India may clock a consistently higher GDP growth rate of more than 9% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/why-india-may-clock-a-consistently-higher-gdp-growth-rate-of-more-than-9/articleshow/89358307.cms Synopsis Alongside including several steps to improve the ease of doing business in India, the finance minister announced policy measures to make dispute
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