Clipped from: https://economictimes.indiatimes.com/news/india/yes-bank-dhfl-fraud-case-cbi-raids-underway-in-mumbai-pune/articleshow/91201881.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis These sources added that searches were underway at eight locations in Mumbai and Pune. The raids come days after the federal agency
Month: April 2022
*Need framework to study impact of insolvency law: Corporate Affairs Secretary Rajesh Verma – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/need-framework-to-study-impact-of-insolvency-law-corporate-affairs-secretary-rajesh-verma/articleshow/91202894.cms Synopsis Emphasising that the government and regulator IBBI have been constantly making course corrections to address any gaps in the Insolvency and Bankruptcy
*Deep haircuts: Comparing realisations with outstanding loans not reasonable to assess IBC effectiveness, says RBI DG – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/deep-haircuts-comparing-realisations-with-outstanding-loans-not-reasonable-to-assess-ibc-effectiveness-says-rbi-dg/articleshow/91210341.cms Synopsis Financial creditors have been able to realise 166 per cent in comparison to the liquidation value of the debtors, indicating that creditors
*****YES Bank Q4 Preview: Lender may report losses despite doubling of NII growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/earnings/yes-bank-q4-preview-lender-may-report-losses-despite-doubling-of-nii-growth/articleshow/91198332.cms Synopsis Analysts said a further decline in the special mention account (SMA) book would be a key thing to watch for in the
*****Indian government cancels some passenger trains to make way for coal amid power crisis – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/railways/govt-cancels-some-passenger-trains-to-make-way-for-coal-amid-power-crisis/articleshow/91160980.cms Synopsis The measure is temporary and passenger services will be restored as soon as the situation normalizes, said Gaurav Krishna Bansal, an executive
*****For growth at an 8%-plus clip, India must fire on all cylinders, not just services or manufacturing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-for-growth-at-an-8-plus-clip-india-must-fire-on-all-cylinders-not-just-services-or-manufacturing/articleshow/91189372.cms Synopsis India has since seen a services-led growth model. Its per-capita incomes, in purchasing power parity (PPP) terms, have risen from about $2,000
*Tatas plan to go atmanirbhar with chipmaking, EV battery plans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/tatas-plan-to-go-atmanirbhar-with-chipmaking-ev-battery-plans/articleshow/91200090.cms Synopsis The initiatives by the $103 billion Tata Group are aligned to Prime Minister Narendra Modi’s attempts to make India a leader in
*****A growing number of India’s workforce are no longer looking for jobs. Why? | The Financial Express
lipped from: https://www.financialexpress.com/jobs/a-growing-number-of-indias-workforce-are-no-longer-looking-for-jobs-why/2502862/ Frustrated at not being able to find the right kind of job, millions of Indians, particularly women, are exiting the labor force entirely,
*Significant number of women plan to quit jobs within two years due to burnout, lack of flexible timing: Report | The Financial Express
Clipped from: https://www.financialexpress.com/jobs/significant-number-of-women-plan-to-quit-jobs-within-two-years-due-to-burnout-lack-of-flexible-timing-report/2504262/ The report is based on views of 5,000 women surveyed between November 2021 and February 2022 across 10 countries, including 500 in India.
*****Why you must opt for comprehensive health cover over and above your corporate insurance | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/why-you-must-opt-for-comprehensive-health-cover-over-and-above-your-corporate-insurance/2508578/ While it’s great to have corporate insurance as an additional layer of protection, the key ingredient to shield you from rising medical inflation
*****What Indonesia’s palm oil export ban means for India – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-what-indonesias-palm-oil-export-ban-means-for-india/article65366502.ece Over the past year, the increase in retail palm oil prices in India has been higher than other edible oils Why has Indonesia
*****What forced to Jakarta to backtrack – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-agri-biz-and-commodity/what-forced-to-jakarta-to-backtrack/article65365059.ece Close up of fresh oil palm fruits and cooking oil, selective focus. | Photo Credit: slpu9945 Pressure to tame prices, localpolitics couldhave played
*****Indonesia export ban on crude, RBD palm oil ‘temporary’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-agri-biz-and-commodity/indonesia-export-ban-on-crude-rbd-palm-oil-temporary/article65365055.ece To remain in force until domestic prices fall below 14,000 rupiah Indonesia has imposed a “temporary export ban” on crude palm oil (CPO),
*****A coal crisis that could have been avoided – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/a-coal-crisis-that-could-have-been-avoided/article65365117.ece Coal supplies Growing uncertainty SHIV KUMAR PUSHPAKAR | Photo Credit: SHIV KUMAR PUSHPAKAR The coal PSUs cannot be blamed for the crisis. Timely
*****‘Time in the market more important than timing the market’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/time-in-the-market-more-important-than-timing-the-market/article65365094.ece Strong demand from anchor and retail investors; market volatility may stabilise soon, says LIC Chairman “Why should anyone worry about valuation? It is
CCI raids top Amazon sellers Cloudtail, Appario – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/cci-raids-top-amazon-sellers-cloudtail-appario/article65365063.ece Cloudtail drives nearly 80 per cent of Amazon’s sales in India REUTERS | Photo Credit: Abhishek Chinnappa Raids in Delhi, Mumbai, and Bengaluru
Ambani readies for mega IPOs of Reliance Retail, RJio – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/ambani-readies-for-mega-ipos-of-reliance-retail-rjio/article65365066.ece Mukesh Ambani A global listing for both RRVL and RJPL simultaneously, along with listing in India, cannot be ruled out, say sources Mukesh
*****Raise GST rates, but not without reforms | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/raise-gst-rates-but-not-without-reforms-122042601442_1.html Avoid past mistakes and reduce the number of GST rate slabs along with rate increases The launch of the goods and services tax
*****Why dollar will remain dominant | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-dollar-will-remain-dominant-122042701393_1.html Although the US dollar’s share in global reserves has declined over the years, and attempts are being made to popularise other currencies, there
*****Why we must clearly define atmanirbharta and our reasons for chasing it | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-we-must-clearly-define-atmanirbharta-and-our-reasons-for-chasing-it-122042900955_1.html Employment deficit is a bigger problem for India than trade deficit. That and the feasibility question should not be lost in PLI’s search
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