Clipped from: https://www.thehindubusinessline.com/companies/competition-bill-to-help-widen-ccis-scrutiny-net-over-big-tech-new-age-biz-ma-deals/article65732353.ece Competition law amendment Bill targets offshore digital transactions of high valuation but not involving large assets or turnover The government on Friday introduced
Month: August 2022
Sebi issues framework to curb inadvertent trades by cos’ designated persons during trading window closure – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-issues-framework-to-curb-inadvertent-trades-by-cos-designated-persons-during-trading-window-closure/article65732885.ece The framework will be effective from the quarter ending September 30 Sebi on Friday asked stock exchanges and depositories to develop a system
Kotak broking’s dealer under SEBI scanner for front-running – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/kotak-brokings-dealer-under-sebi-scanner-for-front-running/article65732914.ece Front-running is trading in stocks based on insider knowledge of a future transaction that is likely to affect its price Market regulator SEBI
Cherry picking by SEBI derogates fair trial, says SC, asks it to provide docs to Reliance Industries – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/cherry-picking-by-sebi-derogates-fair-trial-says-sc-asks-it-to-provide-docs-to-reliance-industries/article65733397.ece The case had arisen from a complaint by S Gurumurthy, an RSS ideologue, journalist and chartered accountant, to SEBI The Supreme Court Friday
RBI in attack mode – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbi-in-attack-mode/article65733132.ece India’s growth-inflation dynamic, vis-a-vis the advanced countries, presents a challenge for MPC Belying expectations, the Monetary Policy Committee (MPC) delivered a fairly hawkish
It’s time MPC shifted to neutral stance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/its-time-mpc-shifted-to-neutral-stance/article65733213.ece A shift in stance will curb inflation expectations. RBI should rein in inflation for exchange rate effects, and bolster forex reserves The Monetary
Still in inflation-battling mode, RBI raises policy rate by another 50 bps – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mpc-increases-policy-rate-by-50-bps-to-counter-inflation/article65732235.ece RBI’s Monetary Policy Committee retains FY23 GDP and inflation projection at 7.2% and 6.7%, respectively The monetary policy committee (MPC) on Friday pushed
Tomato humbles RBI | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/tomato-humbles-rbi/2612716/ Higher the weight of food in the overall CPI, the more difficult it is for monetary-policy-squeeze alone to contain inflation. Inflation in tomatoes
Power shift – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/power-shift/article65707018.ece India should balance its renewables shift with meeting energy security goals The Ukraine-Russia war, and the Covid-related supply disruption before that, have led
RBI’s experiment with stressed banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbis-experiment-with-stressed-banks/article65707984.ece Four banks were at the brink of danger and they now have a new lease of life, thanks to out-of-the-box thinking by the
Commerce ministry issues norms for engaging consultants | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/commerce-ministry-issues-norms-for-engaging-consultants-122073100983_1.html The terms of reference for engagements shall include the functions to be performed and the outputs to be delivered The Ministry of Commerce
Supreme Court observation on freebies is judicial overreach, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/supreme-court-observation-on-freebies-is-judicial-overreach-say-experts-122073100838_1.html The SC had sought a reply from the Centre till the next hearing on August 3 Supreme Court of India. Photo: ANI The
The power paradox | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-power-paradox-122073100929_1.html States’ electricity policies are unsustainable Prime Minister Narendra Modi’s recent campaign against the freebie distribution culture in electoral politics found its strongest articulation
Hotel liable to pay for death caused by fire | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/hotel-liable-to-pay-for-death-caused-by-fire-122073100952_1.html A fire broke out on the night between August 3 and 4, 2012, at Hotel Lucky India Mukesh Gangadhar Manglani, sales director at
FPIs return to Indian equities with Rs 5k-cr investment in Jul after 9 mths | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fpis-return-to-indian-equities-with-rs-5k-cr-investment-in-jul-after-9-mths-122073100201_1.html This is in sharp contrast to a net withdrawal of Rs 50,145 crore from the stock market seen in June After nine consecutive
How much rate hike this week: 50 or 35 bps? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-much-rate-hike-this-week-50-or-35-bps-122073100706_1.html I would root for a 50-bps hike for now to demonstrate the RBI’s resolve to fight inflation and stem deprecation of the rupee.