Clipped from: https://www.thehindubusinessline.com/companies/bid-to-delist-asian-paints-holding-co-at-161-lakh-per-share-rejected-by-shareholders/article65411074.ece Vakil family offered ₹1.61 lakh per share for EIL shares, against the book value of ₹6.5 lakh per share An effort to de-list
Day: May 14, 2022
*****Crypto’s $270 billion meltdown gives way to an uneasy calm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cryptos-270-billion-meltdown-gives-way-to-an-uneasy-calm/article65413217.ece Exchange-traded products linked to crypto also got hammered Even by the white-knuckle standards of the cryptocurrency universe, it was a standout week. An
*****What led the Indian government to ban wheat exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/what-led-the-indian-government-to-ban-wheat-exports/article65413268.ece Move seen as a bid to tackle inflation, 6-year low production, poor FCI procurement, impact of Russia-Ukraine war The Indian government has banned
*****What is driving GST collections? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/deep-dive/deep-dive-what-is-driving-gst-collections/article65378305.ece Improved compliance and economic revival appear to be aiding GST revenues, not inflation and imports The GST collection numbers for April 2022 elicited
*****India’s external sector looks vulnerable – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/indias-external-sector-looks-vulnerable/article65376512.ece The threat of a sudden exodus of foreign capital is a possibility | Photo Credit: RAGHUNATHAN SR FPIs pulling out money, worsening current
*****Wheat shock – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/wheat-shock/article65378826.ece Amritsar: A farmer uses a combine harvester in a wheat field in Amritsar, Tuesday, April 19, 2022. According to the initial results of
*****Understanding inflation expectations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/understanding-inflation-expectations/article65379258.ece Frequently purchased goods shape the perceptions on inflation | Photo Credit: KUNAL PATIL These vary in terms of gender, and according to whether
*****Complicated fuel taxation and the controversy around it – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-complicated-fuel-taxation-and-the-controversy-around-it/article65374973.ece Here’s an explainer of fuel tax controversy, PM’s remark, cess on fuel, and inclusion benefits under the GST. How complicated is fuel taxation
*****IT Dept issues guidelines to deal with re-assessment procedure after Apex Court’s ruling – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/it-dept-issues-guidelines-to-deal-with-re-assessment-procedure-after-apex-courts-ruling/article65406340.ece Earlier, the Supreme Court had held re-assessment order issued under Section 148 of the Income-Tax Act as valid The Central Board of Direct
SC allows banks to directly initiate insolvency proceedings against personal guarantors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/sc-allows-banks-to-directly-initiate-insolvency-proceedings-against-personal-guarantors/article65404775.ece Apex court dismisses appeal against NCLAT order; refuses to interfere with NCLAT ruling Financial creditors, especially banks, will now get a new preferred
*****Domestic tractor sales rebound in April after 5 months of decline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/domestic-tractor-sales-rebound-in-april-after-5-months-of-decline/article65404033.ece Q1 growth outlook is bright Domestic tractor sales reported a rebound during the first month of this fiscal with a month-on-month increase of
*****Wheat exports: Let’s not get carried away – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/wheat-exports-lets-not-get-carried-away/article65404022.ece Wheat exports: Challenges ahead | Photo Credit: – Climate challenges, storage costs and land constraints are the long-term issues that need policymakers’ attention
*****Network effects – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/virtual-private-networks-need-regulation-to-check-cyber-crime-but-not-at-the-expense-of-data-privacy/article65407808.ece Virtual private networks need regulation to check cyber crime, but not at the expense of data privacy The Ministry of Electronics and Information
*****Rupee tantrums – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/indias-external-account-is-more-robust-than-in-mid-2013-but-theres-no-room-for-complacency/article65404522.ece Capital outflows have put pressure on the rupee | Photo Credit: GODS_AND_KINGS India’s external account is more robust than in mid-2013, but there’s
*****Taper episode begins, will the Fed relent? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/taper-episode-begins-will-the-fed-relent/article65405070.ece Federal Reserve Chair Jerome Powell | Photo Credit: POOL Unlikely. Joe Biden is agnostic to markets and the large debt pile makes tightening
*****A recession in the US? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-recession-in-the-us-122050901265_1.html The inflation data over the coming six months will be critical Last month Deutsche Bank (DB) became the first major investment bank to predict an
*****Inflation-brace for aftershocks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/inflation-brace-for-aftershocks-122051001670_1.html Goods producers have passed on more input cost increases than services producers Inflation is here to stay. It is currently affecting different groups of
*****Textile in trouble | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/textile-in-trouble-122051001644_1.html Govt must revisit the GM policy Relentless spikes in prices of cotton in both international and domestic markets over the past few months have pushed
*****Regulating from the front | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/regulating-from-the-front-122051001642_1.html Focus on deterrence against front-running The market regulator, the Securities and Exchange Board of India (Sebi), has investigated various instances of front-running over
*****Rupee hits a fresh intra-day low, cuts losses as RBI intervenes | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-hits-a-fresh-intra-day-low-cuts-losses-as-rbi-intervenes-122051300022_1.html Illustration: Ajay Mohanty Rupee hit a fresh intra-day low on Thursday as it breached the 77.5/$ mark on the back of strengthening of the