Clipped from: https://economictimes.indiatimes.com/nri/invest/overseas-indians-float-local-trusts-to-escape-rnor-tag/articleshow/90628847.cms Synopsis The status of an RNOR lies in between that of a non-resident Indian who stays more than 181 days in the country
Day: April 4, 2022
*Explain Speaking: How is India’s exchange rate related to its current account deficit, forex reserves, and balance of payment? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/india-exchange-rate-current-account-deficit-forex-balance-of-payment-7851688/ Essentially, the BoP allows us to figure out the rupee’s exchange rate vis-a-vis the different currencies. What is BoP, how does it balance
*Sri Lanka’s nosedive into economic chaos holds global lessons | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/sri-lankas-nosedive-into-economic-chaos-holds-global-lessons-1097013.html Fashionable liberal ideas like organic farming added to Sri Lanka’s woes Representative picture. Credit: PTI Photo For years Sri Lanka was held as
*Not a design flaw of Putin’s strategy: Ukraine’s refugee crisis and the world’s big test | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/not-a-design-flaw-of-putin-s-strategy-ukraines-refugee-crisis-and-the-worlds-big-test-1096989.html Opening the doors wide to European refugees raises an inevitable comparison to the treatment of refugees from Syria, Afghanistan and other countries Refugees
*India shouldn’t fall for Putin’s rupees-for-rubles deal | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/india-shouldn-t-fall-for-putin-s-rupees-for-rubles-deal-1096643.html Russia is reportedly offering India a $35 discount per barrel on the pre-war price of flagship Urals grade oil Russian President Vladimir Putin
*Inflation and the implications of taking supply-side path for growth | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/inflation-and-the-implications-of-taking-supply-side-path-for-growth-1097371.html inflation The fiscal policy of the Union government is highly paradoxical in nature while realising the growth targets. Deriving pieces of evidence from
**Paid back PMC depositors Rs 3,800 crore: Centrum Group’s Jaspal Bindra | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/paid-back-pmc-depositors-rs-3-800-crore-centrum-group-s-jaspal-bindra-122040400018_1.html This is more than two years after PMC went bust and the Reserve Bank of India (RBI) imposed restrictions on the amount the
*****Cheque and honor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/cheque-and-honor/article65288027.ece The reach of Section 138 of the Negotiable Instruments Act, which deals with dishonoring of cheques, was put to test in a case
*****All liabilities extinguished – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/all-liabilities-extinguished/article65288031.ece Dollar heap in thumbs down shape, dollar rate falling | Photo Credit: Makhbubakhon Ismatova It is an established principle of law that once
*****‘Speed up coal loading to improve supply’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/speed-up-coal-loading-to-improve-supply/article65288071.ece Railways has identified critical and super critical capacity enhancement works and evacuation projects KAMAL NARANG | Photo Credit: KAMAL NARANG Will free up
*Ban on NFOs to hit MF inflows – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-variety/ban-on-nfos-to-hit-mf-inflows/article65287966.ece AMFI says it will provide time for the industry to upgrade to regulator’s norms The first of its kind ban on launch of
*Ways to take Russia-India trade forward – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/ways-to-take-russia-india-trade-forward/article65288059.ece The Brahmos Missile System is manufactured by a joint venture between DRDO and Russia’s NPO Mashinostroyenia MOORTHY RV MOORTHY RV | Photo Credit:
*****Coffee exports up 42%, to hit a record $1.04 billion in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/coffee-exports-up-42-to-hit-a-record-104-billion-in-fy22/article65288048.ece Rising global prices, pent-up demand post-Covid, lift shipments toa new high India’s coffee exports hit a new high during 2021-22, clocking over a
*****Claims ratio of Fasal Bima scheme dips to 61% in 2020-21 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/claims-ratio-of-fasal-bima-scheme-dips-to-61-in-2020-21/article65288046.ece May bring private insurers back into crop insurance business Claims to premium ratio under Pradhan Mantri Fasal Bima Yojana (PMFBY) and other crop
*****Is it possible to reduce steep economic costs of storing foodgrains? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/is-it-possible-to-reduce-steep-economic-costs-of-storing-foodgrains/article65288053.ece Stocking more than necessary foodgrains in FCI gododowns locks up funds which can be gainfully used elsewhere The geopolitical tension between Russia and
*Tax-free Sikkim, a haven for commodity market speculators – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tax-free-sikkim-a-haven-for-commodity-market-speculators/article65288019.ece Many grey areas have clouded the Income Tax Act in the tiny State: experts Sikkim, a tiny State with a population of 6.58
*Can global entities shut down root servers? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/can-global-entities-shut-down-root-servers-122040300838_1.html Root servers are at the core of the global internet system. Controlled by 13 designated entities, they are a network of hundreds of
*India’s jobless rate falls to 7.6% in March from 8.1% a month earlier: CMIE | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/india-s-unemployment-rate-falls-to-7-6-in-march-from-8-10-in-feb-cmie-122040300533_1.html Unemployment rate in the country is decreasing with the economy slowly returning to normal, according to CMIE data. Unemployment rate in the country is
*****Big Data can at times spell trouble for taxpayers | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/big-data-can-at-times-spell-trouble-for-taxpayers-122040300841_1.html The tax department’s initiatives would, in the normal course, have been welcomed by honest taxpayers, but implementation issues and the taxman’s misaligned views
*Implications of short-term gain of cheap Russia oil must be weighed | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/implications-of-short-term-gain-of-cheap-russia-oil-must-be-weighed-122040300985_1.html So, India should carefully weigh the short term gains of buying cheap oil from Russia against implications of annoying the western alliances Last
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