Clipped from: https://www.thehindu.com/opinion/editorial/credit-challenges-on-credit-flow-and-all-round-capital-spending/article66317777.ece Credit flow and all-round capital spending must stay supportive The Reserve Bank of India’s ‘Report on Trend and Progress of Banking in India’,
Day: December 30, 2022
ED freezes ₹42.21 crore in e-nuggets gaming app case – The Hindu
Clipped from: https://www.thehindu.com/news/national/ed-freezes-4221-crore-in-e-nuggets-case/article66321191.ece The ED has seized ₹110.76 crore so far in the case The ED found that Aamir had launched the gaming application. | Photo Credit:
Indian economy is confronting strong global headwinds: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indian-economy-is-confronting-strong-global-headwinds-cautions-financial-stability-report/article66318109.ece Declining tendency in GNPAs ratio is likely to continue The Indian economy remains vulnerable to formidable global headwinds, which act as a drag on
CAD doubles to all-time high of $36.4 billion in Q2, up nearly 4 times on year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cad-doubles-to-all-time-high-of-364-billion-in-q2-up-nearly-4-times-on-year/article66317940.ece Trade deficit, primary income outweighed services surplus: ICRA Close up view of calculator over brand new indian 10, 50, 100, 200, 500 and
Uday Kotak flags 3 key risks India must prepare for heading into 2023 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/uday-kotak-flags-3-key-risks-india-must-prepare-for-heading-into-2023/article66321007.ece Inflation, Russia-Ukraine war, China economy are major concerns Uday Kotak, MD and CEO of Kotak Mahindra Bank As 2022 comes to an end,
Broker’s Call: Shriram Finance (Buy) – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-shriram-finance-buy/article66321501.ece Target: ₹1,700 CMP: ₹1,379.80 The lending business of the Shriram Group, re-christened ‘Shriram Finance’ (SHFL), post the merger of Shriram Transport Finance (SHTF)
The free grain scheme risks undermining more than the rural economy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-free-grain-scheme-risks-undermining-more-than-the-rural-economy-122123000828_1.html The problem with govt’s decision lies not with fiscal maths but with how it addresses realities of economics of farming and the income
Shriram Finance gets $100 mn funding from ADB for inclusive financing | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/shriram-finance-gets-100-mn-funding-from-adb-for-inclusive-financing-122123000563_1.html Money will be used improve the status of underserved communities in India, other objectives Shriram Finance (SFL), India’s largest retail NBFC and a part of the Shriram
Wheat exports rise 30% to $1.5 billion in Apr-Nov: Commerce ministry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/wheat-exports-rise-30-to-1-5-billion-in-apr-nov-commerce-ministry-122123000825_1.html Though the government banned wheat exports in May, some shipments are allowed to meet the food security needs of the countries that request
Customers saved Rs 1,515 crore using discounts on BigBasket in 2022 | Business Standard News
lipped from: https://www.business-standard.com/article/companies/customers-saved-rs-1-515-crore-using-discounts-on-bigbasket-in-2022-122122901218_1.html BigBasket served a total of 8.5 million households enabled by a fleet of 35,565 delivery partners Online grocery platform BigBasket delivered over 160 million orders in
Reliance Industries seeks bids for sale of KG-D6 gas at rates linked to JKM | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/reliance-industries-seeks-bids-for-sale-of-kg-d6-gas-at-rates-linked-to-jkm-122123000617_1.html The two partners invited bids for the sale of 6 million standard cubic meters per day of gas starting February 2023, according to
What is Mou? Definition of Mou, Mou Meaning – The Economic Times
lipped from: https://economictimes.indiatimes.com/definition/mou MOUAgreeing is necessary to avoid any future disputes among the company members. There are different types of agreements made based on the company’s
Payment of Rs. 22 Lakh in Cash to Wholesale Dealer attracts Disallowance u/s 40A(3): ITAT
Clipped from: https://www.taxscan.in/payment-of-rs-22-lakh-in-cash-to-wholesale-dealer-attracts-disallowance-u-s-40a3-itat/240288/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Payment%20of%20Rs.%2022%20Lakh%20in%20Cash%20to%20Wholesale%20Dealer%20attracts%20Disallowance%20u/s%2040A(3):%20ITAT By Navasree A M – On December 30, 2022 12:06 pm The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) disallowed the tax deduction on grounds that an
Use of Building by Assessee-Trust without consideration is not Unexplained Investment: ITAT
Clipped from: https://www.taxscan.in/use-of-building-by-assessee-trust-without-consideration-is-not-unexplained-investment-itat/240190/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Use%20of%20Building%20by%20Assessee-Trust%20without%20consideration%20is%20not%20Unexplained%20Investment:%20ITAT By Kalyani B Nair – On December 30, 2022 12:15 pm The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ), ruled that use of building by assessee-trust
Process smooth as ITR and GST filing deadlines approach: Govt | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/process-smooth-as-itr-and-gst-filing-deadlines-approach-govt/2931221/ On the direct tax side, taxpayers can file a belated or revised income tax return for the assessment year 2022-23 by December 31.
CBI raids across India; exposes doctors’ racket of practising using fake FMG certificate – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/cbi-raids-across-india-exposes-doctors-racket-of-practising-using-fake-fmg-certificate/article66317293.ece 73 candidates got fake Foreign Medical Graduates Examination certificates post getting degrees from Russia, Ukraine and China, to practise medicine in India, alleges
CAD doubles to all-time high of $36.4 billion in Q2, up nearly 4 times on year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cad-doubles-to-all-time-high-of-364-billion-in-q2-up-nearly-4-times-on-year/article66317940.ece Trade deficit, primary income outweighed services surplus: ICRA Close up view of calculator over brand new indian 10, 50, 100, 200, 500 and
Editorial Bubble bursts – The Hindu BusinessLine
nvestors now more discerning about IPOs IPO (initial public offering) | Photo Credit: Ildo Frazao Fund raising through primary market for equity offerings was more
Vizhinjam will make a good port – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/vizhinjam-will-make-a-good-port/article66317154.ece It has depth to allow large vessels. A transhipment port,it can wean away Indian cargo from Colombo Vizhinjam has all the features of
‘Insurgent’ justice | Business Standard News
Clipped from: https://www.business-standard.com/article/beyond-business/insurgent-justice-122122601049_1.html Human rights activist and lawyer K G Kannabiran’s memoir, translated into English from Telugu by his daughter, is a book worth reading and