Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/how-the-poor-are-paying-the-price-for-the-global-oil-spike/article65333446.ece Economic pain Developing nations are bearing a disproportionate burden of the oil price spurt GIRI KVS GIRI KVS Rich nations’ response to rising
Month: April 2022
*Spurring private investment, key to sustaining growth: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/spurring-private-investment-key-to-sustaining-growth-rbi/article65333410.ece India, a major importer of crude oil, remains vulnerable to volatility in crude oil prices and oil supply shocks, the article noted Global
*India stares at outages as coal stocks at power plants hit a low – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/india-stares-at-outages-as-coal-stocks-at-power-plants-hit-a-low/article65333366.ece Local coal-based plants have supplies for just over eight days As the country’s peak power demand nears last year’s all-time high of 200
*****Micro details of Indian banks’ macro story | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/micro-details-of-indian-banks-macro-story-122041700799_1.html So far, the story reads well. We’ll need to wait a couple of years to see how many restructured loans turn bad and
*Find out why your credit report shows a loan you don’t remember taking | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/find-out-why-your-credit-report-shows-a-loan-you-don-t-remember-taking-122041500624_1.html Loans can be issued to you both legally and fraudulently. So if there’s a suspicious entry in your credit report, get to the
*New SIP registrations surge 88% to 26.6 million in FY22, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/new-sip-registrations-surge-88-to-26-6-million-in-fy22-shows-data-122041700900_1.html In the past year, large-cap funds on average have given returns of 26.45 per cent, while mid-cap and small-cap funds have given returns
*How to lodge complaint against any bank, NBFC or payment system participant – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/how-to-lodge-complaint-against-any-bank-nbfc-or-payment-system-participant/articleshow/90908296.cms Synopsis The Reserve Bank of India has set up a complaint management system (CMS) through which you can lodge a complaint against any
*senior citizen act: What are the rights of senior citizens to safeguard their property, other assets? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/what-are-the-rights-of-senior-citizens-to-safeguard-their-property-other-assets/articleshow/90875998.cms SynopsisParents often concede and transfer ownership of the property to their children to avoid inheritance disputes. However, once parents become dependent on their
*Hobson’s choice for RBI: While the rate cycle needs to turn, recovery shouldn’t be a casualty | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/hobsons-choice-for-rbi/2494333/ While the rate cycle needs to turn, recovery shouldn’t be a casualty The central bank has already said its top priority now would
*Loan assets securitised by NBFCs jump 43 pc to Rs 1.25 lakh crore last fiscal: Report | The Financial Express
Clipped from: https://www.financialexpress.com/india-news/loan-assets-securitised-by-nbfcs-jump-43-pc-to-rs-1-25-lakh-crore-last-fiscal-report/2495264/ The amount of loans securitised by NBFCs (Non-Banking Financial Companies) and HFCs (Housing Finance Companies) in FY21 stood at Rs 87,300 crore, Icra
*Parl panel: Link Udyam portal with CIBIL, other databases; need UPI-like platform, credit card for MSMEs | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-parl-panel-link-udyam-portal-with-cibil-other-databases-need-upi-like-platform-credit-card-for-msmes/2494143/ Ease of Doing Business for MSMEs: The need for formalising the credit ecosystem for MSMEs has assumed significance as less than 40 per
*‘Why MSMEs are hesitant in embracing non-conventional energy sources like rooftop solar’ | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-green-why-msmes-are-hesitant-in-embracing-non-conventional-energy-sources-like-rooftop-solar/2494235/ Sustainability for MSMEs: The rooftop solar sector has remained largely untapped. Against the government’s target of installing 40 GW of RTS power projects
9,800 MSME loans sanctioned in FY22 under SIDBI’s 59-minute loan scheme; this many disbursed | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-9800-msme-loans-sanctioned-in-fy22-under-sidbis-59-minute-loan-scheme-this-many-disbursed/2494355/ Credit and Finance for MSMEs: The scheme’s portal psbloansin59minutes.com enables in-principle bank approval for collateral-free term loans or working capital loans for MSMEs
*Power sector’s ‘shocking’ trinity to create a scorching summer this year | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/power-sector-s-shocking-trinity-to-create-a-scorching-summer-this-year-122041700787_1.html A new crisis is emerging owing to shortages in domestic coal supplies and railway rakes, coupled with rising electricity demand On April 16,
*New tax regime: Big unexplained expenditure may lead to I-T review | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/new-tax-regime-big-unexplained-expenditure-may-lead-to-i-t-review-122041800009_1.html Assessees seek clarity from tax consultants on the new regime, fearing reopening notices Now, the department can go back to scrutinising the finances
*Govt plans regulator for skill gaming industry to curb money laundering | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/govt-plans-regulator-for-skill-gaming-industry-to-curb-money-laundering-122041800019_1.html The government is also reviewing the extant legal framework for the online skill gaming industry Different states have different approaches to regulating this
Extreme poverty in India fell sharply in 2011-19: World Bank paper | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/extreme-poverty-in-india-fell-sharply-in-2011-19-world-bank-paper-122041800012_1.html Rural decline steeper than in urban centres The World Bank paper, however, did not say that India has almost eliminated extreme poverty as
*GST on Lease/ Rent Payments: PIL in Supreme Court challenging Constitutional Validity–TAXSCAN
Clipped from: https://www.taxscan.in/gst-on-lease-rent-payments-pil-in-supreme-court-challenging-constitutional-validity/168916/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=GST%20on%20Leas Top Stories By Rasheela Basheer – On April 18, 2022 2:34 pm A plea has been filed before the Supreme Court challenging constitutional validity of levy
*Domestic airline industry may face a rejig – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-logistics/domestic-airline-industry-may-face-a-rejig/article65330363.ece Indian fleet Fare, capacity and talent wars are inevitable. A rebalancing that will reveal clear winners and losers is in the offing G_P_Sampath
*Scale up women co-op banks to bridge the gender gap – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/scale-up-women-co-op-banks-to-bridge-the-gender-gap/article65330393.ece This will help bridge the gender gap in financial inclusion Shri Mahila SEWA Sahakari Bank has been in existence for over four decades.
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