Clipped from: https://www.thehindubusinessline.com/companies/acc-net-profit-down-60-in-q2-on-lower-realisation/article65639886.ece While the sales volume increased 11% to 7.56 mt, EBITDA plunged to ₹426 crore ACC has reported a 60 per cent dip in
Day: July 14, 2022
GST rate on pre-packaged, pre-labelled dairy & agri products notified – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/gst-rate-on-pre-packaged-pre-labelled-dairy-agri-products-notified/article65640038.ece Loose sale continue to be exempted; room rent of ₹5,000 plus in hospital to attract GST Get ready to pay more not just
*******Rouble trouble, a unique opportunity for India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rouble-trouble-a-unique-opportunity-for-india/article65640791.ece Boosting ties with Russia will strengthen India’s energy and national security In a year which saw a storm in all currency markets, Russia’s
The GST experience has been largely positive – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-gst-experience-has-been-largely-positive/article65640783.ece It has led to greater formalisation of the economy. But the taxing of fuel must be sorted out owing to its inflationary impact
right to repair: Customers can now freely repair or alter products; All you need to know about ‘Right to Repair’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/customers-can-now-freely-repair-or-alter-products-all-you-need-to-know-about-right-to-repair/articleshow/92871011.cms Synopsis The ‘Right to Repair’ framework announced today is intended to empower consumers in the local market by harmonising trade between the original
us recession news: Indian bonds will suffer most in Asia in a US recession scenario – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/bonds/indian-bonds-will-suffer-most-in-asia-in-a-us-recession-scenario/articleshow/92868083.cms Synopsis Indian bonds have declined in tandem with a slide in the rupee. The currency is now hovering close to a record low
*Windfall Tax: RIL shares down 8% so far this month. Are concerns over windfall tax overdone?
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/ril-shares-down-8-so-far-this-month-are-concerns-over-windfall-tax-overdone/articleshow/92873340.cms Synopsis Analysts at HDFC Securities said the recent correction in Reliance shares is overdone. The domestic brokerage has an ‘add’ rating on RIL
*PNB’s account aggregation platform goes live – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/pnbs-account-aggregation-platform-goes-live/articleshow/92873290.cms Synopsis Punjab National Bank is the second public sector lender to go live in the ecosystem, acting as Financial Information User (FIU) and
Visa Delays: Indian travellers are caught in a summer of chaos, with visa delays and grounded flights – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/visit/indian-travellers-find-themselves-caught-in-a-summer-of-chaos-with-visa-delays-and-grounded-flights/articleshow/92867976.cms Synopsis “There has been a massive spike in visa demand. We’re experiencing unprecedented volumes — between 20,000 to 23,000 visa applications daily on
Front-running scandal rocks a $31 billion Indian investing giant – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/analysis/front-running-scandal-rocks-a-31-billion-indian-investing-giant/articleshow/92868620.cms Synopsis The fund in early July submitted its findings to regulators and said it had evidence to believe that the terminated executives had
*****Inflation is likely to remain elevated, even as commodity prices soften. RBI must continue to prioritise inflation management | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/first-price-stability-8025557/ MPC members are yet to elaborate on what their expectations of the terminal rate is, considering the long lags, the committee must front-load
*****Record surge in India’s imports from China in first half of 2022 – The Hindu
Clipped from: https://www.thehindu.com/news/international/record-surge-in-indias-imports-from-china-in-first-half-of-2022/article65634874.ece China’s overall export performance in June showed a recovery, up 13.2%, with total trade up 14.3% in June Two-way trade in 2021 crossed
*Staying watchful: The Hindu Editorial on inflation risks – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/staying-watchful-the-hindu-editorial-on-inflation-risks/article65635922.ece Inflation risks undermining growth and macroeconomic stability Inflation risks undermining growth and macroeconomic stability . The concerted efforts made by the Reserve Bank
How MSMEs can achieve sustainable growth in the ‘RRR’ space | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-green-how-msmes-can-achieve-sustainable-growth-in-the-rrr-space/2586837/ Sustainability for MSMEs: Climate change, energy shortage, employment generation, the problem of inequities, rising e-waste problem are some of the raging concerns of
*Micro Labs under lens for Rs 300 crore income tax evasion | The Financial Express
lipped from: https://www.financialexpress.com/industry/micro-labs-under-lens-for-rs-300-crore-income-tax-evasion/2593272/ Separately, unallowable freebies expenses worth Rs 1,000 crore detected The company has also provided freebies worth Rs 1,000 crore by debiting in its
*IT majors cut back on hiring – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/it-majors-cut-back-on-hiring/articleshow/92860970.cms Synopsis Cos have reduced fresh hiring by more than half in Q1 as demand starts to level off. Terming this downtrend as normalisation
*India Russia rupee trade: Chief of Russia’s PSCB Bank backs rupee trade, cites big opportunities – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/forex/petersburg-social-commercial-bank-may-be-a-focal-point-of-india-russia-rupee-trade/articleshow/92863192.cms Synopsis Replacement of European companies in the Russian market by Indian companies is increasing, Vladimir L Pribytkin, the bank’s founder and chairman told
ITR 2 Online Filing: How to file ITR-2 online with salary income, capital gains and other incomes for FY 2021-22 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-file-itr-2-online-with-salary-income-capital-gains-and-other-incomes-for-fy-2021-22/articleshow/92763548.cms Synopsis An individual taxpayer is required to select the correct income tax return form based on the sources of his/her income. Though ITR-1
*******Should you take car insurance linked to distance, driving style? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/motor-insurance/should-you-take-car-insurance-linked-to-distance-driving-style/articleshow/92844055.cms Synopsis Pay-as-you-drive policies allow buyers to set a mileage limit for their car and offer them discounts over the normal premium. The lower
*Ease of doing business: It takes 22 days to clear a ship in Indian ports. China does it in 5 – The Economic Times
Ease of doing business: It takes 22 days to clear a ship in Indian ports. China does it in 5 – The Economic Times https://economictimes.indiatimes.com/small-biz/trade/exports/insights/ease-of-doing-business-it-takes-22-days-to-clear-a-ship-in-indian-ports-china-does-it-in-5/articleshow/92842899.cms
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