Clipped from: https://www.business-standard.com/article/markets/icici-securities-falls-1-as-clsa-downgrades-rating-earnings-view-122070601088_1.html Shares of the largest listed brokerage have nearly halved this year Sharp spikes in market volatility and changing regulatory landscape have led to
Day: July 7, 2022
‘Long-term capital gains tax relief will be a game-changer for the markets’ | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/long-term-capital-gains-tax-relief-will-be-a-game-changer-for-the-markets-122070600300_1.html Retail investors in India are by default optimistic. They are strong believers in the long-term story of India, and rightly so, says Sandeep
*******IMF Chief Kristalina says cannot rule out possible global recession | Business Standard News
Clipped from: https://www.business-standard.com/article/international/imf-chief-kristalina-says-cannot-rule-out-possible-global-recession-122070700006_1.html The IMF is expected to release its updated forecast for 2022 and 2023 in late July, after slashing its forecast by nearly a
*****RBI’s innovative approach to control the fall in rupee is commendable | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-s-innovative-approach-to-control-the-fall-in-rupee-is-commendable-122070601027_1.html The efficacy of the central bank’s steps will be seen in the coming days Madan Sabnavis is Chief economist, Bank of Baroda. The
*Wall Street says a recession is coming. Consumers say it’s already here | Business Standard News
Clipped from: https://www.business-standard.com/article/international/wall-street-says-a-recession-is-coming-consumers-say-it-s-already-here-122070600778_1.html Layered on top of the inflation squeeze are the mounting concerns about the outlook for economic growth, not just this year, but into
What RBI’s letter to govt on missing inflation target is likely to contain | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/what-rbi-s-letter-to-govt-on-missing-inflation-target-is-likely-to-contain-122070601155_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Failure to keep inflation between 2-6% for three straight quarters will require RBI Governor to explain to FinMin why target was missed, and
*****Weak rupee a worry for Indian firms as 44% foreign loans unhedged | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/weak-rupee-a-worry-for-indian-firms-as-44-foreign-loans-unhedged-122070601116_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Experts say the rupee is expected to depreciate further during the year as there is huge maturity of forex loans coming up As
Buy a health policy that covers treatment at home and pays for consumables | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/buy-a-health-policy-that-covers-treatment-at-home-and-pays-for-consumables-122070600979_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Go for cashless treatment where available, as the reimbursement route is more burdensome Most policies require hospitalisation for 24 hours for claims to
*******Edible oil prices will soften by Rs 15/litre in a few weeks: Industry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/edible-oil-prices-will-soften-by-rs-15-litre-in-a-few-weeks-industry-122070601305_1.html Decision arrived at today during a meeting between industry players & officials Globally, palm oil, the world’s most consumed edible oil, has plunged
Centre sets out rules on disbursing Rs 1 trillion capex funds to states | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-sets-out-rules-on-disbursing-rs-1-trillion-capex-funds-to-states-122070601238_1.html Funds provided to the states under the scheme will be used for new and ongoing capital projects as well as for settling pending
5 years of GST: Why the indirect tax regime may not see big-bang reforms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/5-years-of-gst-why-the-indirect-tax-regime-may-not-see-big-bang-reforms-122070700070_1.html From July 1, 2017, a uniform tax on goods and services – marketed by Prime Minister Narendra Modi as “One Nation, One Tax,
*****RBI measures a step in right direction but forex inflows still seen limited | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-steps-may-not-be-game-changer-but-could-address-widening-cad-122070601278_1.html RBI announced five measures pertaining to the liberalisation of foreign exchange flows into India The RBI lifted the requirement of Statutory Liquidity Ratio
*****No relief yet | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/no-relief-yet-122070601369_1.html Govt must be prepared to face oil price risks A prolonged war and the possibility of a recession in a number of large
Govt notifies procedural changes in GST rules, interest to be charged for wrongful credit availment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-notifies-procedural-changes-in-gst-rules-interest-to-be-charged-for-wrongful-credit-availment/articleshow/92706076.cms Synopsis With the amendments notified by the Central Board of Indirect Taxes and Customs (CBIC), businesses have also been allowed to make tax
Motor insurance becomes more affordable! Now Pay as You Drive, How You Drive | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/good-news-for-vehicle-owners-now-pay-as-you-drive-how-you-drive/2585248/ IRDAI has allowed insurers to introduce concepts like Pay as You Drive, Pay How You Drive and Floater policies for vehicles belonging to
RBI liberalises norms to boost forex inflows | The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-liberalises-norms-to-boost-forex-inflows/2585074/ The measures include easing norms for FPI investment in debt market, and increasing the External Commercial Borrowing (ECB) limit under the automatic route
RBI steps in to boost forex inflows, stem rupee weakness – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-announces-measures-to-enhance-forex-inflows/article65606893.ece It also eased norms for NRI deposits In the backdrop of global uncertainty and the continuing weakness of the rupee against the US
SBI General’s Cyber VaultEdge insurance plan launched – Check features | The Financial Express
With increasing digitization and online transactions, online security has become all the more important. Individuals exposed to any form of cyber risks can buy this
Retail investors take a back seat in stock markets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/retail-investors-take-a-back-seat-in-stock-markets/article65608719.ece The market share of retail investors in India’s stock market has reduced in the past few months and so have their direct flows
India not inclined to accept G7 plan to cap Russian oil price – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/india-not-inclined-to-accept-g7-plan-to-cap-russian-oil-price/article65608833.ece Concerns emerge that such a cap may lead to Russia stopping its oil exports, leading to recession India is not inclined to accept