Clipped from: https://www.business-standard.com/article/technology/you-may-soon-be-allowed-to-edit-your-sent-messages-on-whatsapp-says-report-122060300362_1.html After announcing that some major features are under development such as group polls and WhatsApp Premium, WhatsApp is now working on the ability
Day: June 6, 2022
*****After 4.1% GDP growth in Q4, what next for the Indian economy? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/economy-policy/after-4-1-gdp-growth-in-q4-what-next-for-the-indian-economy-122060100097_1.html The Indian economy grew by 4.1% in March quarter. While the overall growth for FY21-22 was 8.7%, against the contraction of 6.6% in
*****Inflation: How bad for stocks? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/inflation-how-bad-for-stocks-122060500839_1.html If monetary tightening affects discretionary spending (of the middle class and the poor) and non-essential assets mainly, how will demand for the essential
After the rate hike | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/after-the-rate-hike-122060500827_1.html Policy will depend on RBI’s inflation projection Market expectations from the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) have changed dramatically
Six charts show GST’s revenue challenge for Centre, state govts | Business Standard News
Clipped from: https://www.business-standard.com/article/specials/statsguru-six-charts-show-gst-s-revenue-challenge-for-centre-state-govts-122060500944_1.html But a longer-term perspective on state collections raises questions on GST’s ability to fulfil certain primary objectives Business Standard looked at all the
GoM may suggest pruning GST exemption list ahead of Council meeting | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gom-may-suggest-pruning-gst-exemption-list-ahead-of-council-meeting-122060600007_1.html A meeting of the GST Council is expected this month or early next month. It may discuss the inverted duty structure, too The
Worry over non-tariff trade barriers after Turkey action on Indian wheat | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/worry-over-non-tariff-trade-barriers-after-turkey-action-on-indian-wheat-122060600018_1.html Phytosanitary norms often cited to settle political scores or for vested interest: Experts In another example, a prominent Asian country had raised concerns
*****Reels & short videos are biggest lever of Meta’s growth: Ajit Mohan | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/reels-short-videos-are-biggest-lever-of-meta-s-growth-ajit-mohan-122060400058_1.html The second lever is business messaging, said Mohan Instagram Reels, a short video brand, is fast becoming a major growth lever for Meta India.
*****After the rate hike | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/after-the-rate-hike-122060500827_1.html Policy will depend on RBI’s inflation projection Market expectations from the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) have changed dramatically
*****Rate hike for sure, but by how much, Governor? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rate-hike-for-sure-but-by-how-much-governor-122060500925_1.html It’s time the central bank talked about ‘appropriate’ liquidity instead of ‘adequate’ liquidity At the last auction of the 364-day Treasury Bills on
European Union to ban insurance for tankers that carry Russian oil | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/european-union-to-ban-insurance-for-tankers-that-carry-russian-oil-122060600028_1.html Ship insurance companies not only cover the physical damage to the hull and machinery of the vessel but also provide protection and indemnity
General insurers urge IRDAI for mandatory KYC of customers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/general-insurers-urge-irdai-for-mandatory-kyc-of-customers/article65496778.ece At present, sharing KCY details is voluntary while purchasing a general insurance product Non-life insurers have requested the insurance regulator IRDAI to permit
*****RBI and Govt would aim for a soft landing amid raising interest rates to curb inflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-and-govtwould-aim-for-a-soft-landing-amid-raising-interest-rates-to-curb-inflation/article65496708.ece RBI would further front load rate hikes; Bond street is expecting 75-100 bps rate hike till December 2022 Central Banks across the globe have
*****Crisil in talks with SEBI on rising cases of ‘issuer non-cooperating’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/crisil-in-talks-with-sebi-on-rising-cases-of-issuer-non-cooperating/article65496985.ece Crisil is in talks with market regulator SEBI to address concerns arising out of the rising number of companies being rated as ‘issuer
*****‘Fat finger’ trade: Payout could be delayed as NSE ‘examines’ issue – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/nse-fat-finger-trade-payout-to-those-who-profited-likely-to-be-delayed/article65494589.ece The payout of ₹100-150 crore, in the matter involving a recent ‘fat finger’ trade in the derivatives segment of the National Stock Exchange
RBI may appoint additional director on Dhanlaxmi Bank Board – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-may-appoint-additional-director-on-dhanlaxmi-bank-board/article65497423.ece The bank posted a robust 344 per cent year-on-year (yoy) jump in fourth quarter (FY22) net profit at ₹23.42 crore The Reserve Bank
*****Never again will there be coal shortage in the country: Pralhad Joshi – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/never-again-will-there-be-coal-shortage-in-the-country-pralhad-joshi/article65497722.ece Twice in the recent past, the country has faced coal shortage – in October 2021 and last month. Critics blame poor planning; the
MPC may go for back-to-back repo rate hike to temper inflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mpc-may-go-for-back-to-back-repo-rate-hike-to-temper-inflation/article65496802.ece Market expects 35-50 bps repo rate hike The monetary policy committee (MPC) is expected to go in for a back-to-back ‘no-brainer’ repo rate
All transfers are not sales – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/all-transfers-not-sales/article65488684.ece A finance company, when it transfers to itself shares offered as security for a loan by the borrower, only becomes ‘beneficial owner’ of
Confusion about bank guarantees settled – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/confusion-about-bank-guarantees-settled/article65488759.ece Under Section 28 of the Indian Contract Act, 1872 , a clause in the contract that limits the time within which a party’s