Clipped from: https://www.business-standard.com/article/opinion/navigating-india-s-soft-landing-122070701234_1.html Unless the geopolitical situation worsens considerably, chances of a soft landing are higher in India than in the US The inflation rate needs to fall.
Month: July 2022
*******Fiscal consolidation today | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fiscal-consolidation-today-122070701289_1.html Mercifully, India has been spared the problems that foreign currency sovereign debt would have posed Fiscal consolidation (FC) in a recession is contextually very
*****Defending the rupee | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/defending-the-rupee-122070701292_1.html Market adjustment should not be delayed for long The Reserve Bank of India (RBI) on Wednesday announced measures aimed at boosting foreign exchange inflows to
After wheat, India now curbs the export of wheat flour and related products | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/after-wheat-india-now-curbs-the-export-of-wheat-flour-and-related-products-122070700135_1.html The Centre has made it mandatory for all exporters to seek prior permission from the inter-ministerial committee on wheat export before undertaking any
Windfall tax, new export, import duties may fetch exchequer over Rs 1 trn | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/money-for-something-how-much-will-new-taxes-add-to-govt-coffers-122070701143_1.html Likely to boost elbow room for additional govt capital expenditure; experts see net estimated gains of 0.2-0.3% of GDP on fiscal revenues The
*FM Sitharaman asks PSBs to join account aggregator system by July-end | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/onboard-account-aggregator-system-by-july-end-fm-sitharaman-to-psbs-122070701169_1.html Account aggregator ecosystem helps banks leverage digital data of customers, with their consent, to provide better service Union Finance Minister Nirmala Sitharaman Finance
*ICICI Securities falls 1% as CLSA downgrades rating, earnings view | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/icici-securities-falls-1-as-clsa-downgrades-rating-earnings-view-122070601088_1.html Shares of the largest listed brokerage have nearly halved this year Sharp spikes in market volatility and changing regulatory landscape have led to
‘Long-term capital gains tax relief will be a game-changer for the markets’ | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/long-term-capital-gains-tax-relief-will-be-a-game-changer-for-the-markets-122070600300_1.html Retail investors in India are by default optimistic. They are strong believers in the long-term story of India, and rightly so, says Sandeep
*******IMF Chief Kristalina says cannot rule out possible global recession | Business Standard News
Clipped from: https://www.business-standard.com/article/international/imf-chief-kristalina-says-cannot-rule-out-possible-global-recession-122070700006_1.html The IMF is expected to release its updated forecast for 2022 and 2023 in late July, after slashing its forecast by nearly a
*****RBI’s innovative approach to control the fall in rupee is commendable | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-s-innovative-approach-to-control-the-fall-in-rupee-is-commendable-122070601027_1.html The efficacy of the central bank’s steps will be seen in the coming days Madan Sabnavis is Chief economist, Bank of Baroda. The
*Wall Street says a recession is coming. Consumers say it’s already here | Business Standard News
Clipped from: https://www.business-standard.com/article/international/wall-street-says-a-recession-is-coming-consumers-say-it-s-already-here-122070600778_1.html Layered on top of the inflation squeeze are the mounting concerns about the outlook for economic growth, not just this year, but into
What RBI’s letter to govt on missing inflation target is likely to contain | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/what-rbi-s-letter-to-govt-on-missing-inflation-target-is-likely-to-contain-122070601155_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Failure to keep inflation between 2-6% for three straight quarters will require RBI Governor to explain to FinMin why target was missed, and
*****Weak rupee a worry for Indian firms as 44% foreign loans unhedged | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/weak-rupee-a-worry-for-indian-firms-as-44-foreign-loans-unhedged-122070601116_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Experts say the rupee is expected to depreciate further during the year as there is huge maturity of forex loans coming up As
Buy a health policy that covers treatment at home and pays for consumables | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/buy-a-health-policy-that-covers-treatment-at-home-and-pays-for-consumables-122070600979_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Go for cashless treatment where available, as the reimbursement route is more burdensome Most policies require hospitalisation for 24 hours for claims to
*******Edible oil prices will soften by Rs 15/litre in a few weeks: Industry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/edible-oil-prices-will-soften-by-rs-15-litre-in-a-few-weeks-industry-122070601305_1.html Decision arrived at today during a meeting between industry players & officials Globally, palm oil, the world’s most consumed edible oil, has plunged
Centre sets out rules on disbursing Rs 1 trillion capex funds to states | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-sets-out-rules-on-disbursing-rs-1-trillion-capex-funds-to-states-122070601238_1.html Funds provided to the states under the scheme will be used for new and ongoing capital projects as well as for settling pending
5 years of GST: Why the indirect tax regime may not see big-bang reforms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/5-years-of-gst-why-the-indirect-tax-regime-may-not-see-big-bang-reforms-122070700070_1.html From July 1, 2017, a uniform tax on goods and services – marketed by Prime Minister Narendra Modi as “One Nation, One Tax,
*****RBI measures a step in right direction but forex inflows still seen limited | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-steps-may-not-be-game-changer-but-could-address-widening-cad-122070601278_1.html RBI announced five measures pertaining to the liberalisation of foreign exchange flows into India The RBI lifted the requirement of Statutory Liquidity Ratio
*****No relief yet | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/no-relief-yet-122070601369_1.html Govt must be prepared to face oil price risks A prolonged war and the possibility of a recession in a number of large
Govt notifies procedural changes in GST rules, interest to be charged for wrongful credit availment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-notifies-procedural-changes-in-gst-rules-interest-to-be-charged-for-wrongful-credit-availment/articleshow/92706076.cms Synopsis With the amendments notified by the Central Board of Indirect Taxes and Customs (CBIC), businesses have also been allowed to make tax
aniltikotekar4sme.com 