Clipped from: https://www.business-standard.com/article/current-affairs/no-new-show-cause-notices-to-small-taxpayers-cbdt-in-revised-guidelines-122051101553_1.html Organisation seeks to give clarity on how a Supreme Court order is to be implemented. Taxpayers will get two weeks’ time to respond
Month: May 2022
*****RBI likely to up inflation projection in June, mull more rate hikes: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-likely-to-up-inflation-projection-in-june-mull-more-rate-hikes-report-122051101354_1.html The central bank raised the repo rate by 40 basis points to 4.40% following a emergency meeting earlier this month. Photo: Bloomberg India’s
*Asian, EMs entering the late stages of a bear market: Morgan Stanley | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/asian-ems-entering-the-late-stages-of-a-bear-market-morgan-stanley-122051101086_1.html Over the next 12 months, Morgan Stanley forecasts range-bound markets for equities, credit, yields, and the US dollar Photo: Shutterstock Asian and emerging markets are
*****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.
750 WhiteHat Jr employees quit over back-to-office, salary woes | The Financial Express
Clipped from: https://www.financialexpress.com/industry/750-whitehat-jr-employees-quit-over-back-to-office-salary-woes/2521161/ “Yes, people were asked to relocate and some chose to resign – that is a different story but 800 is a highly inflated
*****RBI unlikely to turn ultra-defensive on rupee: Central bank to revise inflation forecast in June | The Financial Express
No plan to buy govt debt to curb yield The central bank will revise its inflation forecast upwards in its June review, as price pressure
Reassessment cases: Taxman seeks clarity after SC upholds 90,000 I-T notices – The Economic Times
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
*****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