Clipped from: https://www.business-standard.com/article/opinion/rbi-s-monetary-policy-to-focus-on-macroeconomic-stability-122060601248_1.html Since the last policy announcement, inflationary risks have increased significantly The Reserve Bank of India’s (RBI’s) monetary policy actions during April-May 2022 were
Month: June 2022
LIC hits new low since listing; market cap falls below Rs 5 trillion | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/lic-hits-new-low-since-listing-market-cap-falls-below-rs-5-trillion-122060600184_1.html Since listing, LIC has lost Rs 56,000 crore of market-cap from Rs 5.54 trillion to Rs 4.98 trillion Shares of Life Insurance Corporation
*****Govt releases fresh draft note on regulating social media – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/social-media/govt-releases-fresh-draft-note-on-regulating-social-media/article65501602.ece Will not impact growth of new Indian companies or Startups: MeitY The Centre on Monday has released a fresh draft notification seeking comments
*RBI issues differential provisioning norms for standard assets for large NBFCs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-issues-differential-provisioning-norms-for-standard-assets-for-large-nbfcs/article65501304.ece RBI said provisioning guidelines for NBFC-UL will be effective October 1, 2022 The Reserve Bank of India (RBI) has aligned provisioning norms for
10-year G-Sec yield touches 7.50%, a 40-month high – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/10-year-g-sec-yield-touches-750-per-cent-a-40-month-high/article65501027.ece Bond yields and prices are inversely co-related and move in opposite directions Government Securities (G-Secs) yield rose on Monday, with yield of 10-year
SEBI flags concerns over regulation of cryptos – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/sebi-flags-concerns-over-regulation-of-cryptos/article65500608.ece Consumer protection and enforcement of any regulatory regime over crypto assets would be challenging due to the decentralised nature of cryptos The Securities
You may soon be allowed to edit your sent messages on WhatsApp, says report | Business Standard News
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
*****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