Clipped from: https://www.business-standard.com/article/opinion/a-fresh-blow-to-globalisation-122031001659_1.html The conflict in Ukraine will deepen concerns about globalisation and national security The world has changed since Ukraine. It is too early to
Month: March 2022
Insolvency proceedings’ deadline problem | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/insolvency-proceedings-deadline-problem-122031001676_1.html The Bankruptcy Law Reforms Committee had spent considerable time on the timelines to be prescribed for various steps under the insolvency/bankruptcy proceedings The
50% customers ready to switch banks in next 12 months: Bain & Company | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/50-customers-ready-to-switch-banks-in-next-12-months-bain-company-122031001631_1.html If it’s a good deal, many willing to shift to fintech players, neo banks, among others Retaining customers is important for banks. Loyal
We see inflation averaging 5.4% in FY23: Crisil Chief Economist D K Joshi | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/we-see-inflation-averaging-5-4-in-fy23-crisil-chief-economist-d-k-joshi-122031000895_1.html In a Q&A, he says the Ukraine war-led spike in commodity prices will impact household inflation, and that the capex thrust by the
New solar PLI scheme to cap bidding capacity at 10 Gw for past winners | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/new-solar-pli-scheme-to-cap-bidding-capacity-at-10-gw-for-past-winners-122031001352_1.html The minimum Local Value Addition (LVA) or use of local content for participating manufacturers kept at 90% The new round of the production
Govt to extend loan scheme for building healthcare, medical infrastructure | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-to-extend-loan-scheme-for-building-healthcare-medical-infrastructure-122031001668_1.html A medical worker at a makeshift healthcare facility for Covid-19 patients in Delhi on January 18, 2022. (PTI Photo/Kamal Singh) The Centre will
SBI to revamp banking app YONO, position it as complete digital bank | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sbi-to-revamp-banking-app-yono-position-it-as-complete-digital-bank-122031000684_1.html YONO has three facets, namely DB for seamless and intuitive banking services The customer experience has to be taken up on priority to
Rupee fall: No panic, but time to be cautious | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rupee-fall-no-panic-but-time-to-be-cautious/2454525/ RBI well-positioned to intervene in the currency market; export-gains expected may not materialise though. With inflation likely to cross 6% and chances of
Calcutta HC suspends Order for Cancellation of GST Registration as Allegations in SCN are Vague–TAXSCAN
Clipped from: https://www.taxscan.in/calcutta-hc-suspends-order-for-cancellation-of-gst-registration-as-allegations-in-scn-are-vague/159663/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Cal Top Stories By Rasheela Basheer – On March 10, 2022 5:36 pm The Calcutta High Court recently suspended the part of order passed by the GST
Interest from Loan given to related party for Business purpose does not attract section 40A(2)(b) of the Income Tax Act: ITAT [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/interest-from-loan-given-to-related-party-for-business-purpose-does-not-attract-section-40a2b-of-the-income-tax-act-itat/159672/ Clipped from: https://www.taxscan.in/interest-from-loan-given-to-related-party-for-business-purpose-does-not-attract-section-40a2b-of-the-income-tax-act-itat/159672/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Interest Top Stories By Rasheela Basheer – On March 10, 2022 11:22 pm The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the
Relief to Swiggy: Karnataka High Court orders GST Refund of Rs. 27 Cr Illegally collected [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/relief-to-swiggy-karnataka-high-court-orders-gst-refund-of-rs-27-cr-illegally-collected/159819/ Clipped from: https://www.taxscan.in/relief-to-swiggy-karnataka-high-court-orders-gst-refund-of-rs-27-cr-illegally-collected/159819/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=swiggy Top Stories By Rasheela Basheer – On March 11, 2022 12:02 pm A division bench of the Karnataka High Court has ordered the GST
A Director not involved in Day-to-Day Affairs of Company cannot be Prosecuted for Cheque Bounce Cases: Allahabad HC [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/a-director-not-involved-in-day-to-day-affairs-of-company-cannot-be-prosecuted-for-cheque-bounce-cases-allahabad-hc/159879/ Clipped from: https://www.taxscan.in/a-director-not-involved-in-day-to-day-affairs-of-company-cannot-be-prosecuted-for-cheque-bounce-cases-allahabad-hc/159879/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Cheque%20Bounce%20Cases Top Stories By Taxscan Team – On March 11, 2022 3:08 pm The Allahabad High Court has held that a director, who is not
Deposit in ‘no-lien/escrow account’ will not constitute ‘Actual Payment’, No Income Tax Deduction allowable: Orissa High Court-TAXSCAN
Clipped from: https://www.taxscan.in/deposit-in-no-lien-escrow-account-will-not-constitute-actual-payment-no-income-tax-deduction-allowable-orissa-high-court/159894/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=lien Top Stories By Rasheela Basheer – On March 11, 2022 3:32 pm A division bench of the Orissa High Court has held that deposit of amount
Plan to do up your home? Get ready to pay a little more – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/plan-to-do-up-your-home-get-ready-to-pay-a-little-more/articleshow/90138244.cms SynopsisFancy bathware makers have lost more value than many others since oil surged past triple digits a couple of weeks ago. To offset
Ukraine war impact reverberates through world’s factory floor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/ukraine-war-impact-reverberates-through-worlds-factory-floor/articleshow/90115232.cms Synopsis Copper, used in appliances and wiring, reached new highs. Nickel, used in lithium-ion batteries, has spiked to a record while other raw
India’s gold imports bounced back to 1,067 tons in 2021: GJEPC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indias-gold-imports-bounced-back-to-1067-tons-in-2021-gjepc/articleshow/90141263.cms Synopsis The maximum quantity of gold was imported from Switzerland at 469.66 tonnes, followed by UAE (120.16 tonnes), South Africa (71.68 tonnes) and
Sensex target: Sensex can hit 75,000 in just 9 months! Morgan Stanley lists 5 triggers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sensex-can-hit-75000-in-just-9-months-morgan-stanley-lists-5-triggers/articleshow/90121687.cms Synopsis Despite near term margin pressure due to rising raw material costs, Morgan Stanley analysts believe the new profit cycle is intact, and
Why Naveen Kulkarni is confident on Nifty@20,000 by December – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/why-naveen-kulkarni-is-confident-on-nifty20000-by-december/articleshow/90148917.cms Synopsis “We are more positive on the B2B themes rather than the B2C themes. We are also looking at more value focussed plays
Indian equity indices may see close to zero returns through 2022 in base case: Sanjay Mookim – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/indian-equity-indices-may-see-close-to-zero-returns-through-2022-in-base-case-sanjay-mookim/articleshow/90138743.cms Synopsis In an interview, Mookim said his base case is for close to zero returns from headline Indian equity indices through 2022, with
Vedanta, Welspun among 29 bidders in fray for Mittal Corp – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/vedanta-welspun-among-29-bidders-in-fray-for-mittal-corp/articleshow/90138860.cms Synopsis In 2016, lenders had attempted to sell the company to a strategic buyer by converting its debt into 51% equity under the
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