Clipped from: https://www.thehindubusinessline.com/opinion/runaway-rupee-the-next-worry/article65508107.ece The external account looks quite vulnerable and the RBI must get its arsenal ready to defend the currency Raging inflation may have been
Month: June 2022
*MPC must fight inflation more aggressively – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/mpc-must-fight-inflation-more-aggressively/article65508267.ece Keeping inflation close to 6% will benefit the government’s borrowing scheme, but will not help curb the price rise The MPC in its
*Nadal and the WPI – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/nadal-and-the-wpi/article65508257.ece Both have breached the 14 mark. The parallels don’t end there What does Rafael Nadal have in common with the Wholesale Price Index (WPI)?
*MCA21 Version 3.0 to be fully operational in 2 to 3 months: MCA Secretary Verma – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/mca21-version-30-to-be-fully-operational-in-2-to-3-months-mca-secretary-verma/article65507549.ece ICAI actively involved with MCA in the rollout of MCA V3.0 Version 3.0 of MCA21, which is India’s first mission mode e-governance project,
*Repricing liabilities will be a challenge for banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/reprising-liabilities-will-be-a-challenge-for-banks/article65507116.ece Shrinking excess liquidity will put focus back on deposits Banks, compared to other sectors, have been vulnerable to numerous market cycles, and Indian
*Walking the tight rope – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-sharp-hike-in-rates-by-the-mpc-is-called-for-but-the-real-challenge-is-to-control-inflation-without-hurting-growth/article65507333.ece The sharp hike in rates by the MPC is called for but the real challenge is to control inflation without hurting growth The
*Macroeconomic adjustment | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/macroeconomic-adjustment-122060801299_1.html Risks for growth and asset prices have increased After an off-cycle meeting in May, leading to an increase in the policy repo rate by 40
Will the WTO wake up to the food crisis? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-the-wto-wake-up-to-the-food-crisis/article65504988.ece At its next Ministerial, a new subsidy reference price and allowing transfers from public stocks are issues that should be flagged Ukraine and
Musk is in the office – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/musk-is-in-the-office/article65503653.ece The Tesla CEO is no fan of ‘remote working’ There are lots of things Elon Musk is good at and one of them
*How will UPI-Credit Card linking benefit customers – Explained | The Financial Express
lipped from: https://www.financialexpress.com/money/how-will-upi-credit-card-linking-benefit-customers-explained/2552635/ UPI-Credit Card Linking Benefit for customers: Linking of credit card with UPI will further increase the usage of UPI, providing users another option
*RBI announces measures for cooperative banks to enhance credit flow for housing sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-announces-measures-for-cooperative-banks-to-enhance-credit-flow-for-housing-sector/articleshow/92074025.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis While announcing the monetary policy, governor Shaktikanta Das said that the cooperative banks will now be able to lend more for home
*How to draft a will for your NRI children – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/how-to-draft-a-will-for-your-nri-children/articleshow/92055665.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis Suppose one’s child is residing in a different country. In that case, there is a high possibility that he/she will be unaware
*Income from property rented out: GST AAR makes an important ruling – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/income-from-property-rented-out-gst-aar-makes-an-important-ruling/articleshow/92073684.cms Synopsis In its ruling, the AAR held that GST exemption is provided by the nature of the property and its usage and not
*e-mandates: RBI Policy: Customers no-longer need to input OTP for e-mandates up to Rs 15,000 for recurring transactions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-policy-customers-no-longer-need-to-input-otp-for-e-mandates-up-to-rs-15000/articleshow/92074749.cms Synopsis Earlier in the day, the RBI-led MPC delivered a 50 bps hike in the key policy rates to 4.90 per cent but
*Double whammy for new home buyers with rising property price and interest rate? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/real-estate/double-whammy-for-new-home-buyers-with-rising-property-price-and-interest-rate/articleshow/92079719.cms Synopsis The segment that will feel the pain the most is the affordable housing segment – the rate hike is expected to hit
Two records and a turn | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/two-records-and-a-turn-122060701257_1.html The finance minister’s ability to effect a steady rise in capex is more significant than her two records on deficit management On May
*Resolve GST disputes quickly and smartly – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/resolve-gst-disputes-quickly-and-smartly/articleshow/92067343.cms Synopsis The GST Council has the power to make recommendations on tax rates and a wide range of GST-related subjects. The council’s decisions
-A strong case for Indian equities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-strong-case-for-indian-equities/articleshow/92067340.cms Synopsis The number of demat accounts in the country has doubled since the onset of the pandemic, as have assets under control of
*****The inflation spectrometer | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-inflation-spectrometer-122060601149_1.html Even as some inflationary impulses fade, others of more recent vintage pose new and bigger risks; one must disentangle multiple strands to reduce
*****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