Clipped from: https://www.business-standard.com/article/finance/upi-hits-record-high-in-april-with-5-58-bn-transactions-worth-rs-9-83-trn-122050100480_1.html On YoY basis, the volume of transactions jumped 111% and while value increased by almost 100% Compared to March, volume of UPI transactions
Day: May 1, 2022
Amazon warehouse: Amazon’s net loss prompts query: Has it built too many warehouses? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/amazons-net-loss-prompts-query-has-it-built-too-many-warehouses/articleshow/91199631.cms Synopsis The world’s largest online retailer on Thursday reported $2 billion in incremental costs from having excess fulfillment and transportation capacity, a dramatic
**From recession to inflation, how the US Fed has dealt with crises – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/from-recession-to-inflation-how-the-us-fed-has-dealt-with-crises/articleshow/91229425.cms Synopsis The Fed has long played a decisive role when the world’s largest economy faces tough times. Here are some of its major
GST Collection April 2022: GST revenue collection hits record Rs 1.68 lakh crore in April – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/gst-revenue-collection-hits-record-rs-1-68-lakh-crore-in-april/articleshow/91230829.cms Synopsis This comes after the second highest collection of ₹1.42 lakh crore that was reported in the month of March 2022. Goods and
*LIC IPO investors said to bid for double of anchor book – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/lic-ipo-investors-said-to-bid-for-double-of-anchor-book/articleshow/91235630.cms Synopsis Singapore’s GIC Pte and Norway’s sovereign wealth fund are among the anchor investors, the people said, asking not to be identified before
*Indonesia’s ban on palm oil exports a concern but impact to be transitory: FMCG industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/fmcg/indonesias-ban-on-palm-oil-exports-a-concern-but-impact-to-be-transitory-fmcg-industry/articleshow/91234387.cms Synopsis Several industry leaders hint that they will reduce their reliance on palm oil in phases and shift to alternatives such as rice
*****Decoding embedded value of life insurers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/decoding-embedded-value-of-life-insurers/article65359889.ece Understanding the metric assumes significance in the wake of the upcoming mega LIC IPO on May 4 Yash and Chaitanya meet over a
*Malaysia plans to attract one million Indian tourists annually by 2024 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/malaysia-plans-to-attract-one-million-indian-tourists-annually-by-2024/article65366937.ece Expect at least 1 lakh Indian tourist arrivals in 2022, says Senior Director of Tourism Malaysia A view of the illuminated Kuala Lumpur’s
*Why wind developers are surrendering capacities won in auctions – The Hindu BusinessLine
clipped from: https://www.thehindubusinessline.com/companies/why-wind-developers-are-surrendering-capacities-won-in-auctions/article65370151.ece Out of 12,740 MW of projects that have been awarded, only 3,126 MW has been commissioned. | Photo Credit: JOSE MANUEL RIBEIRO Ultra-low
Forex violations: ED seizes ₹5,551 crore from Chinese firm Xiaomi – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/forex-violations-ed-seizes-5551-crore-from-chinese-firm-xiaomi/article65370179.ece FILE PHOTO: The logo of Xiaomi is seen inside the company’s office in Bengaluru, India, January 18, 2018. REUTERS/Abhishek N. Chinnappa/File Photo |
*Income tax return forms for FY 2021-22: 9 changes that require additional information from taxpayers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-return-forms-for-fy-2021-22-9-changes-that-require-additional-information-from-taxpayers/articleshow/90953633.cms Synopsis The income tax return (ITR) notified for FY 2021-22 does not have any major changes. However, finer/additional details have been asked in
*****Tax tribunal’s views differ in Thakkar ruling – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/tax-tribunals-views-differ-in-thakkar-ruling/articleshow/91220256.cms Synopsis The cases relate to South Mumbai residents, Dilip Thakkar, a reputed chartered accountant, and his wife Indira Thakkar whose father had set
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