Clipped from: https://economictimes.indiatimes.com/news/economy/finance/reassessment-cases-taxman-seeks-clarity-after-sc-upholds-90000-i-t-notices/articleshow/91477153.cms Synopsis The notices issued in the first few months of financial year 2021-22 were based on information from other assessing officers, other government
Day: May 11, 2022
*****In a first, Turkey places orders for 50,000 t wheat from India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/agriculture/in-a-first-turkey-places-orders-for-50000-t-wheat-from-india/articleshow/91477042.cms Synopsis Wheat prices shot up as Indian wheat is in demand in the global markets after exports from Ukraine came to a grinding
*****RBI takes futures, NDF route to protect Rupee, forex – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/rbi-takes-futures-ndf-route-to-protect-rupee-forex/articleshow/91479504.cms Synopsis The central bank is said to have sold dollars in the futures market and the offshore non-deliverable forwards (NDF) markets to prevent
*****Is there a wheat crisis? Centre has reasons to be cautious, but there’s no need for panic or abrupt measures at this stage | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/is-there-a-wheat-crisis-centre-has-reasons-to-be-cautious-but-theres-no-need-for-panic-or-abrupt-measures-at-this-stage/2518062/ There is intense private activity in the markets, and wheat is reportedly being bought at prices ‘slightly above MSP’. Government procurement, understandably, is
*Exporters of services, job-sensitive sectors may benefit from rupee slide | The Financial Express
Clipped from: https://www.financialexpress.com/economy/exporters-of-services-job-sensitive-sectors-may-benefit-from-rupee-slide/2518260/ The depreciation will also partially soften the blow of elevated shipping costs and supply chain disruptions in the wake of the Russia-Ukraine crisis.
*****Indian Economy: Glass half-full or half-empty for India? | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indian-economy-glass-half-full-or-half-empty-for-india/2519439/ The half-empty side of the picture on the economy front outweighs the considerations that push a half-full view India has returned to being
*****No cause for panic: Rupee fall is a concern, but it is still over-valued in terms of REER | The Financial Express
lipped from: https://www.financialexpress.com/opinion/no-cause-for-panic-rupee-fall-is-a-concern-but-it-is-still-over-valued-in-terms-of-reer/2519535/ The rupee’s fortunes can look up if capital flows are strong. It is possible FPIs will come back to the equity market once
*Demystifying life insurance jargons | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/your-money-demystifying-life-insurance-jargons/2519407/ The policyholders must read the entire policy document very carefully and in case of any doubts, call up the insurance agent or even
*****Insurance cover: Why you need to buy home insurance | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/insurance-cover-why-you-need-to-buy-home-insurance/2519373/ Review your home insurance requirement every year so that your home does not remain underinsured following an enhancement in the value of your
*****Hosting third-party content: Social media firms to face higher legal risks | The Financial Express
lipped from: https://www.financialexpress.com/industry/technology/hosting-third-party-content-social-media-firms-to-face-higher-legal-risks/2519583/ New law set to increase accountability A new law – Digital India Act – is in the works, which would incorporate all aspects
Employees playing politics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/employees-playing-politics/article65378381.ece Employees of social media firms have been vocal about political issues | Photo Credit: scyther5 Being politically vocal can muddy work culture Elon
*****Party is over – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/higher-input-and-finance-costs-will-impact-corporate-profitability-in-the-coming-quarters/article65401595.ece The environment for corporates will get increasingly challenging in the coming quarters | Photo Credit: Nisha Dutta Higher input and finance costs will
*‘Cut down notice period in IT/ITES sector to global standards’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/cut-down-notice-period-in-itites-sector-to-global-standards/article65400715.ece Thomas Brenneke, Founder & CEO, Network Redux, Thomas Brenneke of Network Redux says with unmatched Indian talent, there should be a fair system
‘There will be consolidation in the data centre industry’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/there-will-be-consolidation-in-the-data-centre-industry/article65398374.ece Sharad Sanghi, Managing Director, NTT India NTT India MD Sharad Sanghi on the future of the data centre business in India and beyond Tokyo-headquartered
*****Sharp fall in tech stocks feels like the dot-com boom: Zerodha’s Nithin Kamath – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/sharp-fall-in-tech-stocks-feels-like-the-dot-com-boom-zerodhas-nithin-kamath/article65401078.ece Nithin Kamath, Founder and CEO of Zerodha Shares concerns on how expectations have changed with companies focusing on generating enough cash flows to
*****Frontrunning probe: What should Axis MF investors do now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/mutual-funds/frontrunning-probe-what-should-axis-mf-investors-do-now/article65400903.ece Action taken by AMC against two fund managers, including chief dealer, handling certain equity schemes Just when things were going good for Axis
Equity MF inflows dip 44% as investors turn cautious – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/equity-mf-inflow-dips-44-per-cent-as-investors-turn-cautious/article65401090.ece Rising interest rate amid high inflation to hit corporate earnings; SIP contributions down 4% Inflows into equity funds dipped 44 per cent to
*****Kerala, Mumbai HCs allow GST assesses to file belated returns for transitional credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/kerala-mumbai-hcs-allow-gst-assessesto-file-belated-returnsfor-transitional-credit/article65401247.ece Experts feel the GST Council should thrash out this issue in the next meeting The issue of transitional credit (TRAN Credit) under Goods
*****Can the Indian economy survive a global downturn? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/can-the-indian-economy-survive-a-global-downturn/article65401455.ece China’s lockdown is disrupting global supply lines and creating shortages globally | Photo Credit: STRINGER Covid-19, a war in Europe and the Shanghai
*****IAMAI urges govt not to hike GST on online skill-based gaming sector – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/iamai-urges-govt-not-to-hike-gst-on-online-skill-based-gaming-sector/article65401724.ece | Photo Credit: mikkelwilliam Says increase in GST will adversely impact growth of this sunrise sector Leading industry body, Internet and Mobile Association of
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