Clipped from: https://www.business-standard.com/article/current-affairs/hotels-restaurants-workers-demand-pay-hike-after-service-charge-ban-122071101308_1.html Industry experts say that while restaurants will increase the food prices there is no certainty on it going to staff as it will
Day: July 12, 2022
*****Saving Sri Lanka | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/saving-sri-lanka-122071200013_1.html India will have to take the lead The scenes beamed around the world from Sri Lanka, in which a vast sea of protestors
*******Future imperfect | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/future-imperfect-122071101470_1.html The gradual loss of momentum of growth in sentiments can be traced to the deterioration in consumer expectations from the future The Index
*******Understanding inflation in the US | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/understanding-inflation-in-the-us-122071200026_1.html Lessons from economics and history need to be applied appropriately by the public authorities to the changing situations The inflation rate in the US touched
Is commodity prices spike sparking emerging markets crises? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-commodity-prices-spike-sparking-emerging-markets-crises/article65628178.ece Food and fuel price increases have wreaked havoc and fuelled inflation in many developing economies. But their debt problems cannot be blamed on
RBI allows international trade settlement in Rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-allows-international-trade-settlement-in-rupee/article65627903.ece This comes even as the rupee sank to new low; may help in trade with countries such as Russia, Iran and Sri Lanka
*IBBI mandates insolvency professionals to raise bills only in their names – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ibbi-mandates-insolvency-professionals-to-raise-bills-only-in-their-names/article65628084.ece Also mandates RPs to disclose relationship with corporate debtor, financial creditors and resolution applicants Insolvency regulator IBBI has mandated that insolvency professionals should
Gaming GST Rates: GST on gaming and gambling: Don’t ‘game over’ before it has even begun – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/gst-on-gaming-and-gambling-dont-game-over-before-it-has-even-begun/articleshow/92812277.cms Synopsis Caught between a perception that online games are nothing but a rich man’s gambit that only whips up greed and promotes gambling,
*Vivo ED Case: Vivo asks ED to unfreeze bank accounts, says action ‘jeopardising existence,’ disrupting ops – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/vivo-asks-ed-to-unfreeze-accounts-says-action-jeopardising-existence/articleshow/92814251.cms Synopsis Yes Bank, Bank of Baroda, HSBC, ICICI Bank, Citibank, IDBI Bank, HDFC Bank, Standard Chartered Bank and DBS Bank operate Vivo India’s
*******High inflation, low incomes, budget deficit: Here’s what is pushing Europe into an economic dark age – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/high-inflation-low-incomes-budget-deficit-heres-what-is-pushing-europe-into-an-economic-dark-age/primearticleshow/92809636.cms SynopsisEurope is staring at a lost decade. While the Russia-Ukraine war has resulted in higher food and fuel prices, the delay in labour-market
*****India External Debt: Centre allays concerns over $620.7 bn external debt, says its share only 21% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/centre-allays-concerns-over-620-7-b-external-debt-says-its-share-only-21/articleshow/92811944.cms Synopsis The government on Monday dismissed apprehensions about India’s external debt, saying out of India’s total external liability of $620.7 billion, the Centre’s
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