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
Month: July 2022
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
*******Pre-packaged, pre-labelled food items to attract same rate of GST as branded, says CBIC Chief Johri – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pre-packaged-pre-labelled-food-items-to-attract-same-rate-of-gst-as-branded-says-cbic-chief-johri/article65612458.ece New rates come into effect from July 18 Pre packaged and pre-labelled retail food items will attract GST rate at par with the
*Rupee, bonds, equity market bounce back – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/rupee-bonds-equity-market-bounce-back/article65612824.ece Steps taken by RBI, dip in crude oil prices aid the momentum The host of measures announced by the Reserve Bank of India
*****CBIC notifies procedural changes to GST rules easing the compliance burden on small players – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/cbic-notifies-procedural-changes-to-gst-rules-easing-the-compliance-burden-on-small-players/article65609554.ece With the amendments, businesses have been allowed to make tax payments on the GSTN portal by using IMPS and UPI The government has
*****RBI steps in with measures to boost forex flows, stem Re slump – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/rbi-steps-in-with-measures-to-boost-forex-flows-stem-re-slump/article65609536.ece In the backdrop of global uncertainties and the continuing weakness of the rupee against the US dollar, the Reserve Bank of India on
Mistakes make a Meesho: What founder Vidit Aatrey learned from failed ideas | Business Standard News
Clipped from: https://www.business-standard.com/article/specials/mistakes-make-a-meesho-what-founder-vidit-aatrey-learned-from-failed-ideas-122070700691_1.html Meesho discovered its successful business model the hard way Although Vidit Aatrey (right) and Sanjeev Barnwal started in 2015, it was a while
*Rupee gains but market unsure of inflows amid global rush to US dollar | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rupee-gains-but-market-unsure-of-inflows-amid-global-rush-to-us-dollar-122070700960_1.html The rupee settled at 79.18 per US dollar as against 79.30 per US dollar on Wednesday Photo: Brent Lewin/Bloomberg The rupee gained against the US