lipped from: https://timesofindia.indiatimes.com/business/india-business/3-companies-bag-payment-aggregator-permit/articleshow/92758848.cms MUMBAI: The RBI has given in-principle approvals to Pine Labs, Razorpay and Stripe for a payment aggregator licence. Over 160 operators have shown
Month: July 2022
*Zerodha CEO Nithin Kamath says Sebi rules protect Indians when US markets catch cold – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/zerodha-ceo-nithin-kamath-says-sebi-rules-protect-indians-when-us-markets-catch-cold/articleshow/92754313.cms Synopsis In a thread on Twitter, Kamath said most of the Sebi regulations have hurt the revenues of brokers in the short term
*******The heat is on: Hard to see when the pressure on the rupee will ease, despite RBI’s efforts | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-heat-is-on-hard-to-see-when-the-pressure-on-the-rupee-will-ease-despite-rbis-efforts/2585524/ Last Friday, they increased the import duties on gold and imposed an export tax on petroleum products; there was an immediate reaction with
*RBI’s steps to have positive impact on capital inflows, rupee: DEA secretary | The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbis-steps-to-have-positive-impact-on-capital-inflows-rupee-dea-secretary/2586690/ The central bank on Wednesday announced a series of measures to boost foreign exchange inflows, including permitting overseas investors to buy short-term corporate
*****GST: Mandatory e-invoicing for companies with Rs 5-crore sales from January | The Financial Express
Clipped from: https://www.financialexpress.com/economy/gst-mandatory-e-invoicing-for-companies-with-rs-5-crore-sales-from-january/2588108/ The tax authorities will also be able to better analyse the trends and availment of input tax credit across sectors and weed out
*No signs of slowdown in attrition at TCS; firm says it has enough hands | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/no-signs-of-slowdown-in-attrition-at-tcs-firm-says-it-has-enough-hands-122070801272_1.html TCS which had shared in Q4 of FY22 the hiring target of 40,000 for FY23, said the target remains Photo: Shutterstock Attrition at India’s
*Revving up in low gear: The paradoxes in India’s transport sector | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/revving-up-with-brakes-on-the-paradoxes-in-india-s-transport-sector-122070800816_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 No Indian airline makes money, railways’ passenger traffic is stagnant, and roads have a revenue imbalance problem, but investments in all three are
*******Power of RTI Act: How, where to use the right to question your govt | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/power-of-rti-act-how-where-to-use-the-right-to-question-your-govt-122070801362_1.html What is RTI Act? Indian citizens can seek any information that the government can disclose to the Parliament of India. From application to
*******Feedback tool on AIS aims to help IT assesses to remove mismatch, eliminate fear of scrutiny, says official – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/feedback-tool-on-ais-aims-to-help-it-assesses-to-remove-mismatch-eliminate-fear-of-scrutiny-says-official/article65611986.ece AIS can be accessed through new income tax e-filing portal and is soon set to replace Form 26AS The Income Tax Department has
*A major recession in developed countries is unlikely: AIIB chief economist | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/a-major-recession-in-developed-countries-is-unlikely-aiib-chief-economist-122070801068_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 We will have inflation at an elevated level for some time, says AIIB chief economist Erik Berglof AIIB chief economist Erik Berglöf Amid
*******BNPL products do not have enough consumer protection measures: Dvara Research – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bnpl-products-do-not-have-enough-consumer-protection-measures-dvara-research/article65615569.ece Customers are at risk of unknowingly incurring debt, says report Buy Now Pay Later products, which are growing in popularity, have monetary costs
*Government clarifies perks will not attract GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/government-clarifies-perks-will-not-attract-gst/article65615565.ece However, experts maintain confusion still prevails The Government has clarified that perquisites provided by the employer to the employee in terms of a
*****Trade raises concern over GST on unbranded packaged rice – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/trade-raises-concern-over-gst-on-unbranded-packaged-rice/article65616642.ece Unregistered but popular brands are the targets, says trade analyst A move by the Centre to impose 5 per cent Goods and Services
Govt’s ‘oil shock’ for domestic players – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/govts-oil-shock-for-domestic-players/article65617536.ece The recent excise and export duties levied on the oil sector have left both industry and consumers high and dry While the G7
europe stock markets: Europe stares at recession; Russia appears to be on track beating predictions – The Economic Times
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
*****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
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