Clipped from: https://economictimes.indiatimes.com/news/international/business/europe-stares-at-recession-russia-appears-to-be-on-track-beating-predictions/articleshow/92731208.cms Synopsis Shares tumbled in London and across Europe as a jump in natural gas prices intensified the strain on the European economy, according
Day: July 8, 2022
*****Pay premium ‘as you drive, how you drive’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/motor-insurance/pay-premium-as-you-drive-how-you-drive/articleshow/92715715.cms Synopsis “As a step towards facilitating technology-enabled covers, Irdai has permitted general insurance companies to introduce tech-enabled concepts for the motor own damage
capital flow: Tested method to reverse capital flow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/tested-method-to-reverse-capital-flow/articleshow/92732551.cms Synopsis At current levels of the rupee, the RBI’s intervention in the forex market has been designed to track fundamentals. This is expected
S&P Global India: Services up, now for the returns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/services-up-now-for-the-returns/articleshow/92708660.cms Synopsis The Reserve Bank of India (RBI), which has raised the repo rate to tame inflation, anticipates higher pass-through of input cost to
RBI–Impossible trinity returns to test RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/impossible-trinity-returns-to-test-rbi/articleshow/92722234.cms Synopsis Law mandates the RBI to keep inflation at 4% which it forecasts to be 6.7% this fiscal. To get to target, it
How your car insurance will factor in your driving behaviour–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/explained/car-insurance-factor-driving-behaviour-8015897/ The Insurance Regulatory and Development Authority of India has allowed general insurance companies to introduce concepts such as “pay as you drive” and
Thomas Fenn writes: Barring restaurants from levying service charge is unfair, reeks of discrimination–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/thomas-fenn-writes-restaurants-service-charge-unfair-workers-customers-discrimination-8013032/ Thomas Fenn writes: Service charge helps restaurant workers earn their fair share and optimises operations for a business owner. Thomas Fenn writes: Service
As external environment becomes challenging, RBI moves to boost inflows, anticipating pressures ahead | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/rbi-moves-to-boost-inflows-anticipating-pressures-ahead-8015851/ For the entire first quarter, the deficit was more than double the level observed last year, and many analysts are now expecting the
*Ashima Goyal writes | Inflation Targeting: Why the criticisms of the RBI governor are misplaced–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/inflation-targeting-criticisms-rbi-misplaced-8015523/ Ashima Goyal writes: India has achieved higher growth and lower inflation than most countries in these difficult times. It is dangerous to apply
Lessons from the Raj: Whether it is gold or salt, higher duties don’t work | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/lessons-from-the-raj-whether-it-is-gold-or-salt-higher-duties-don-t-work-122070800199_1.html The problem of gas in Europe, oil in the US and gold in India is a lifestyle problem. High taxes and import duties
Rupee’s travails: What has led to the fall, and what can Reserve Bank do? | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rupee-s-travails-what-has-led-to-the-fall-and-what-can-reserve-bank-do-122070800609_1.html The foremost reason for the currency’s fall is the money being pulled out from the Indian economy by the FPIs and FIIs. In
Will tokenisation make your credit and debit card transactions safer? | The Financial Express
lipped from: https://www.financialexpress.com/money/will-tokenisation-make-your-credit-and-debit-card-transactions-safer/2587369/ Online transactions are going to be much safer now with the introduction of a new data security process, known as tokenisation, by the
capital flow: Tested method to reverse capital flow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/tested-method-to-reverse-capital-flow/articleshow/92732551.cms Synopsis At current levels of the rupee, the RBI’s intervention in the forex market has been designed to track fundamentals. This is expected
foreign currency deposits: Re deposits more attractive for banks despite measures from RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/re-deposits-more-attractive-for-banks-despite-measures-from-rbi/articleshow/92735373.cms Synopsis In FY14, banks had raised a record $27 billion through the FCNR(B) route after the RBI removed interest rate caps and also
*Import duty hike: No gain from raising gold levies | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/import-duty-hike-no-gain-from-raising-gold-levies/2586759/ Hiking the import duty on gold just incentivises smuggling. Bullion beats paper, at least in this part of the world. In places such
*****Working capital utilisation by sectors linked to geo-political tensions impacted: SBI report – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/working-capital-utilisation-by-sectors-linked-to-geo-political-tensions-impacted-sbi-report/article65610504.ece Credit growth at ₹2.6-lakh cr far outstripped bank deposit growth at ₹1.04-lakh cr in the current year Working capital utilisation by sectors specifically
*******Are we headed for an external sector crisis? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/are-we-headed-for-an-external-sector-crisis/article65612894.ece The CAD is at a unsustainable level and the RBI’s measures are expected to work merely as short-term fixes India’s external sector is
*RBI should make conscious effort to internationalise Rupee: SBI report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rbi-should-make-conscious-effort-to-internationalise-rupee-sbi-report/article65610549.ece ‘Internationalisation’ of a currency is an expression of its external credibility as the economy integrates globally The Reserve Bank of India (RBI) should
*****CBIC comes out with clearer framework to curb fake invoices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cbic-comes-out-with-clearer-framework-to-curb-fake-invoices/article65612098.ece The Central Board of Indirect Taxes & Custom (CBIC) has come out with a mechanism for clearer framework to curb fake invoices. This
*******Dollar deals – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbi-measures-on-capital-flows-is-a-signal-to-speculators-but-they-may-not-increase-flows-materially/article65611530.ece RBI measures on capital flows is a signal to speculators, but they may not increase flows materially The gathering strength of the US
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