Clipped from: https://www.business-standard.com/article/opinion/blame-ukraine-conflict-not-central-banks-122051201593_1.html The origins of the inflation shock the world is experiencing are primarily political, not economic or monetary The global economy faces a combination
Day: May 14, 2022
*****Better placed than peers to fight inflation: Finance ministry report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/better-placed-than-peers-to-fight-inflation-finance-ministry-report-122051300004_1.html The report said that seen over a longer time horizon, inflation in India’s economy has not been as much a challenge as is
*****CBDT lays out guidelines for manual scrutiny of income tax returns | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cbdt-lays-out-guidelines-for-manual-scrutiny-of-income-tax-returns-122051300012_1.html Income-Tax department selects cases manually for comprehensive scrutiny Taxmen examine minutiae of manual-scrutiny cases Income-tax (I-T) authorities will manually select those tax returns
*****Sebi mulls launch of confidential IPO filings to address privacy concerns | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-mulls-launch-of-confidential-ipo-filings-to-address-privacy-concerns-122051101324_1.html Industry players said the concept, if implemented, would give a fillip to the domestic capital markets, ease the process and encourage more companies
*****Google paying more than 300 European publishers for news, will add more | Business Standard News
Clipped from: https://www.business-standard.com/article/international/google-paying-more-than-300-european-publishers-for-news-will-add-more-122051100418_1.html Photo: Bloomberg By Foo Yun Chee BRUSSELS (Reuters) – Alphabet unit Google has signed deals to pay more than 300 publishers in Germany, France and
*****PAN mandatory for cash deposit or withdrawal of Rs 20 lakh or more | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/pan-must-for-cash-deposit-or-withdrawal-of-rs-20-lakh-or-more-122051200015_1.html PAN will also be required for opening of current and cash credit account Photo: Shutterstock The Central Board of Direct Taxes (CBDT) issued a notification
*****‘MSMEs must tap emerging opportunities’ – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/msmes-must-tap-emerging-opportunities/article65399282.ece Finance Minister Nirmala Sitharaman with recipients of the Startup Dhruv Award presented by the Startups Academy in Coimbatore on Monday. Vanathi Srinivasan, BJP
The Naveen Patnaik Model of Management : Nothing But The Truth, Ep 04 – India Today Podcasts News
Clipped from: https://www.indiatoday.in/india-today-podcasts/story/the-naveen-patnaik-model-of-management-nothing-but-the-truth-ep-04-1945079-2022-05-03 Pinpointing the reasons why Odisha CM Naveen Patnaik remains unbeatable Nothing But The Truth focusses on the enigmatic Naveen Patnaik and identifies the
What India Needs to Do to Prevent a Power Crisis – BusinessToday
Clipped from: https://www.businesstoday.in/magazine/current/story/what-india-needs-to-do-to-prevent-a-power-crisis-333479-2022-05-13 India needs proper planning to ensure that it is prepared for future spikes in electricity demand Supply issues electricity supply hasn’t been able
*****An industry barely hanging by a thread – The Hindu
Clipped from: https://www.thehindu.com/todays-paper/tp-opinion/an-industry-barely-hanging-by-a-thread/article65412412.ece The crisis in West Bengal’s jute industry is getting exacerbated, with several mills suspending operations this year. Shiv Sahay Singh visits mills along
*****PSU banks agree to back stressed power companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/psu-banks-agree-to-back-stressed-power-companies/articleshow/91552960.cms Synopsis Details on funding distressed power projects were discussed at a meeting of senior bank executives at SBI headquarters last week. Government-owned banks
India halts wheat export to fight soaring inflation at home – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/agriculture/india-halts-export-of-wheat-to-fight-soaring-inflation-at-home/articleshow/91554594.cms Synopsis After the war hampered logistics in the Black Sea region, which accounts for about a quarter of all wheat trade, India has
*****Taming inflation: Monetary policy action may not be enough | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/taming-inflation-monetary-policy-action-may-not-be-enough/2522594/ Removing emergency accommodation is one thing and relying solely on culling credit growth—barely positive in real terms—is another The forcefulness and urgency of
IndiGo’s handling of a specially-abled flyer mirrors India’s general apathy towards disability rights | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/social-indifference/2524108/ But the perception arising from the IndiGo incident is that whatever training that the airline provided proved perfunctory in the end, and did
*****Edible oil, vegetables drive food inflation | The Financial Express
Clipped from: https://www.financialexpress.com/economy/edible-oil-vegetables-drive-food-inflation/2522931/ Inflation in prices of chicken rose by more than 13.77% in April 2022, while the overall food inflation in the meat & fish
Share of gold in forex reserves rises to over 7% | The Financial Express
Clipped from: https://www.financialexpress.com/economy/share-of-gold-in-forex-reserves-rises-to-over-7/2522962/ “While 453.52 metric tonne of gold is held overseas in safe custody with the Bank of England and the Bank of International Settlements
*****Why Indonesia will be forced to revoke ban on palm oil exports by month-end – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/why-indonesia-will-be-forced-to-revoke-ban-on-palm-oil-exports/article65406893.ece Its domestic industry faces chaos with storages overflowing, farmers stopping production Indonesia will likely be forced to lift its ban on palm oil
*****Credit cards usage, issuances increase despite rise of UPI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/credit-cards-usage-issuances-increase-despite-rise-of-upi/article65410466.ece However, UPI P2M transactions have significantly eaten into share of card and other payment modes The Unified Payments Interface is the clear leader
*****Losing from the front – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/losing-from-the-front/article65411357.ece Front-running is a cancer that erodes faith in the market and therefore needs stronger punishment It is disturbing that allegations of front-running should
RBI opens banks credit for NBFCs to on-lend continuously to priority sector | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-opens-banks-credit-for-nbfcs-to-on-lend-continuously-to-priority-sector-122051301279_1.html Bank credit to NBFCs, including HFCs, will be allowed up to an overall limit of 5% of an individual banks total priority sector
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