Clipped from: https://economictimes.indiatimes.com/news/defence/why-washington-is-boosting-heavy-arms-for-ukraine/articleshow/90998325.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis In addition to the 72 howitzers and the vehicles required to move them around the battlefield, the new weapons package for Ukraine
Day: April 23, 2022
*FY23 CAD maybe 10 yr high, export growth can be sustained: SBI Research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/fy23-cad-maybe-10-yr-high-export-growth-can-be-sustained-sbi-research/articleshow/91006830.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis As per the report, 55% of the increase in exports in FY22 is attributed to quantity effect and the rest 45% is
*HDFC-HDFC Bank combined m-cap to put it among world’s top 10 most valuable banks: KV Kamath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/hdfc-hdfc-bank-combined-m-cap-to-put-it-among-worlds-top-10-most-valuable-banks-kv-kamath/articleshow/91000796.cms SECTIONS HDFC-HDFC Bank combined m-cap to put it among world’s top 10 most valuable banks: KV Kamath By Nikunj Dalmia ,Last Updated: Apr
*CBDT adds four new criteria for filing ITR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-economy/cbdt-adds-four-new-criteria-for-filing-itr/article65344836.ece New norms have been defined at a time when there is much debate about the low number of tax payers in the country
*The biter bit: The sanctions on Russia are beginning to hurt buyers now | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-biter-bit-the-sanctions-on-russia-are-beginning-to-hurt-buyers-now-122042201047_1.html All things considered, might it have been better and cheaper, shed less blood, and avoided a huge refugee problem if Russia had been
*Fed chief Jerome Powell pivots toward 50 bps interest rate hikes | Business Standard News
Clipped from: https://www.business-standard.com/article/international/fed-chief-jerome-powell-pivots-toward-50-bps-interest-rate-hikes-122042300025_1.html Jerome Powell is taking direct aim at strong demand that the central bank wants to cool Federal Reserve Chair Jerome Powell (Photo: Reuters)
*Finance ministry, state-run banks discuss 3-year strategic roadmap | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/finance-ministry-state-run-banks-discuss-3-year-strategic-roadmap-122042201376_1.html Finance ministry officials on Friday met public sector bank (PSB) executives to discuss their strategic three-year roadmap, collaboration among themselves, and implementation of base-level
ICICI Lombard General Insurance stock falls as Q4 show disappoints | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/icici-lombard-general-insurance-stock-falls-as-q4-show-disappoints-122042201173_1.html Analysts though appear positive with their target prices indicating 22-25% upside ICICI Lombard Disappointing results have led to a sell-off in ICICI Lombard General
HDFC twins are trading at historic valuation discount vs Sensex | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/hdfc-twins-are-trading-at-historic-valuation-discount-vs-sensex-122042201417_1.html Analysts expect trend to persist till FY23 end, in light of headwinds Illustration: Binay Sinha For the first time since the 2008 Lehman
*FII ownership of NSE 500 stocks at 3-year low: BofA Securities | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fii-ownership-of-nse-500-stocks-at-3-year-low-bofa-securities-122042200440_1.html Given the multiple headwinds, BofA Securities expects markets to be sideways the near-term given inflation impacting volume growth and margins across several sectors
*Govt seeks to grow tax base, makes filing must for TDS/TCS above Rs 25,000 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-seeks-to-grow-tax-base-makes-filing-must-for-tds-tcs-above-rs-25-000-122042201270_1.html In the case of senior citizens, the aggregate of Rs 50,000 apply; rule came into force on April 21 Tax experts say this