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
Month: April 2022
*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
CBI FIR against Naresh Goyal likely for allegedly defrauding banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/cbi-fir-against-naresh-goyal-likely-for-allegedly-defrauding-banks/articleshow/90991296.cms Synopsis Jet Airways was acquired by the Kalrock-Jalan consortium in bankruptcy proceedings. The new owners plan to restart the carrier this year. The
*Financial irregularities are easy to uncover if diligent auditors are put on the job and held accountable – Sequoia Capital: The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-financial-irregularities-are-easy-to-uncover-if-diligent-auditors-are-put-on-the-job-and-held-accountable/articleshow/90965473.cms Synopsis Financial irregularities are easy to uncover if diligent auditors are put on the job and held accountable, and if the directors on
*Walmart invites Indian sellers to sell on Walmart Marketplace, reach over 120 million US consumers | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-exim-walmart-invites-indian-sellers-to-sell-on-walmart-marketplace-reach-over-120-million-us-consumers/2499137/ Trade, import and export for MSMEs: Walmart said it sees particular potential for India-made products in highly searched categories like furniture, bedding, home
*Need dedicated policy framework for MSMEs’ e-commerce exports in upcoming foreign trade policy: FISME | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-exim-need-dedicated-policy-framework-for-msmes-e-commerce-exports-in-upcoming-foreign-trade-policy-fisme/2499448/ Trade, import and export for MSMEs: FISME also suggested several short to mid-term measures to address operational inefficiencies faced by MSMEs when exporting through the
*EMI bounce rates inch up in March as inflation pinches, moratoria end | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/emi-bounce-rates-inch-up-in-march-as-inflation-pinches-moratoria-end/2499796/ In value terms, the bounce rate stood at 22.8%, up 36 bps from February 2022. Also, delinquencies from some retail accounts restructured under
*RBI’s hawkish stance on liquidity | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbis-hawkish-stance-on-liquidity/2499613/ With inflation rising, a slower monetary policy tightening by RBI could accelerate de-anchoring of inflation expectations. RBI might “bite the bullet” by hiking
*Tax Talk: Four key income tax changes from FY22-23 | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-four-key-income-tax-changes-from-fy22-23/2499628/ Taxpayers can now file an updated ITR within two years of the assessment year by paying additional tax Currently, we are in the
*A CAG Callout: High time for UIDAI to be held accountable | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-cag-callout-high-time-for-uidai-to-be-held-accountable/2499562/ With factors including inaccountability, lack of data, and laxity towards process compliance, The CAG Audit highlights gaping holes in the UIDAI’s functioning The
*Retail Inflation: Markets factoring in a hard landing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/markets-factoring-in-a-hard-landing/articleshow/90965261.cms Synopsis The ability of manufacturers to pass on the rise in costs is aided by a concentration of industrial output among large producers,
*Debit Card | Credit Card : How to protect your debit, credit card from fraudsters
Clipped from: https://economictimes.indiatimes.com/wealth/save/how-to-protect-your-debit-credit-card-from-fraudsters/articleshow/90975746.cms Synopsis As the number of people who use their cards to make purchases has increased, so has the number of cases of card-related
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