Clipped from: https://economictimes.indiatimes.com/wealth/save/uidai-aadhaar-how-nri-can-get-aadhaar-card-after-arriving-in-india/articleshow/90439536.cms Synopsis An NRI with a valid Indian passport, whether minor or adult, can apply for Aadhaar at any Aadhaar Kendra. The registration process
Day: March 25, 2022
Banking Fraud: 10 types of banking frauds in India customers should know about – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/10-types-of-banking-frauds-in-india-customers-should-know-about/articleshow/90438911.cms Synopsis The Reserve Bank of India has released a booklet to educate banking customers about digital payments-related frauds. The booklet explains how scammers
Bond Market | Bond Market Crash: Why bond market crash is actually good news for most investors
Clipped from: https://economictimes.indiatimes.com/markets/bonds/why-bond-market-crash-is-actually-good-news-for-most-investors/articleshow/90444563.cms Synopsis One important reason is lower bond prices mean higher bond yields. Investors who hold bonds for income are pleased when their prices
india export: Exports of $400 billion may help India break into top 15 in global merchandise export ranking – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/exports-of-400-billion-may-help-india-break-into-top-15-in-global-merchandise-export-ranking/articleshow/90433064.cms Story outline India was seen to be exporting more of high-value and value-added products in this fiscal. It is expected that exports will
Time for banks to go big on micro-credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/time-for-banks-to-go-big-on-micro-credit/article65257242.ece Micro credit can help ease poverty designer491 | Photo Credit: designer491 The economic potential of microfinance is immense, provided beneficiaries are correctly identified
RBI Innovation Hub to spot, hand-hold start-ups – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/rbi-innovation-hub-to-spot-hand-hold-start-ups/article65257234.ece Also likely to collaborate with various govt ministries and academia The Reserve Bank Innovation Hub(RBIH) is an investment for the future, aimed at
Steel makers hike prices on input costs, supply constraints – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/steel-makers-hike-prices-on-input-costs-supply-constraints/article65257215.ece Spot prices of steel in Europe are higher by nearly Rs. 15,000 per tonne compared to prices in India, making it more lucrative
‘PLI schemes must be studied more closely’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/pli-schemes-must-be-studied-more-closely/article65257213.ece Raghuram Rajan, Former RBI Governor, delivering a lecture in Chennai on Thursday Bijoy Ghosh BIJOY GHOSH | Photo Credit: Bijoy Ghosh Raghuram Rajansays
Govt targets 12 mt wheat export in FY23 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/govt-targets-12-mt-wheat-export-in-fy23/article65257162.ece The Centre has set a target to export at least a million tonnes (mt) of wheat every month in 2022-23 as it wants
Deduction claimed for cess, surcharge to be treated as ‘under-reported’ income – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/deduction-claimed-for-cess-surcharge-to-be-treated-as-under-reported-income/article65257159.ece Tax words on white texture background | Photo Credit: shylendrahoode The Finance Ministry has proposed that deduction claimed for cess and surcharge under
Beyond $400 billion | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/beyond-400-billion-122032401495_1.html Exports need policy support The ongoing export boom has enabled India to attain the $400 billion target set for the current fiscal year.
Food processing potential | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/food-processing-potential-122032401502_1.html Higher scale will have multiple benefits The food processing industry, even though in its infancy, has emerged as the biggest employer of labour in the manufacturing sector.
SBI inks co-lending pact with five HFCs for affordable housing | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/sbi-inks-co-lending-pact-with-five-hfcs-for-affordable-housing-122032401212_1.html Country’s largest lender State Bank of India has signed a co-lending agreement with five housing finance companies including PNB Housing Finance and Shriram Housing Finance to give loans for affordable homes. Shortage
University of California picks up 0.57% stake in Kotak Mahindra Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/university-of-california-picks-up-0-57-stake-in-kotak-mahindra-bank-122032401264_1.html The stake was purchased at Rs 1,699 per share from Canada Pension Plan Investment Board (CPPIB), data released by BSE showed The Regents
Two years of Covid: Metals get their shine back as demand fuels rally | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/two-years-of-covid-metals-get-their-shine-back-as-demand-fuels-rally-122032400536_1.html According to CRISIL Research, base metals are currently at their highest levels since 2008, while steel prices in Europe are at an all-time
India’s 2022 GDP growth downgraded to 4.6% due to war in Ukraine: UN report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-2022-gdp-growth-downgraded-to-4-6-amid-russia-ukraine-conflict-un-122032401196_1.html The report noted that a number of developing country central banks also engaged in quantitative easing: active purchasing of bonds in the open
Digital payments spike, but cash circulation still high, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/digital-payments-spike-but-cash-circulation-still-high-shows-data-122032401589_1.html UPI has been the biggest beneficiary of the digital payments drive. The burgeoning volumes of unified payments interface (UPI) prove that the pandemic
Faltering Sri Lanka holds strategic importance for India, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/faltering-sri-lanka-holds-strategic-importance-for-india-shows-data-122032500009_1.html The share in India’s total exports declined from 2.16 per cent in FY15 to just 1.3 per cent in the first 10 months
Commodity price rise may affect India’s economic recovery, says S&P | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/commodity-price-rise-may-affect-india-s-economic-recovery-says-s-p-122032500011_1.html Due to the ongoing Russia-Ukraine war, India may face higher expenditure on items that the government subsidises, particularly food and fertiliser, if these
Russia-Ukraine war, Covid in China to push up prices of white goods | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/russia-ukraine-war-covid-in-china-to-push-up-prices-of-white-goods-122032500033_1.html The last of the five-part series looks at why durables companies are planning to raise prices by up to 15% As commodity prices
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