Clipped from: https://economictimes.indiatimes.com/small-biz/legal/small-companies-have-a-new-definition-will-it-help/articleshow/94978354.cms In the recent past, the Ministry of Corporate Affairs (MCA) has taken several measures towards ease of doing business by announcing various circulars and amendments
Month: December 2022
Wall Street today: Wall St slips as inflation data ignites rate hike worries – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/us-stocks-open-lower-as-inflation-data-stokes-rate-hike-worries/articleshow/96115857.cms Synopsis Wall Street’s main indexes have come under pressure in December after two consecutive months of gains on fears of a potential recession
Bad banks: How the good Samaritans for corporates came under the scanner – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/bad-banks-how-the-good-samaritans-for-corporates-came-under-the-scanner/primearticleshow/96093192.cms SynopsisAsset reconstruction companies, jokingly referred to as scrap dealers in the financial market, were set up to free banks from the burden of
Monetary policy: RBI has sent a clear message—it may not be done yet – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/monetary-policy-rbi-has-sent-a-clear-messageit-may-not-be-done-yet/articleshow/96117972.cms Synopsis RBI has kept the CPI inflation forecast for FY2023 at 6.7% – spiked by prices of cereals, milk and spices. Naturally, its
Amazon seeks digital data shield in ED probe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/amazon-seeks-digital-data-shield-in-ed-probe/articleshow/96122505.cms Synopsis The ecommerce company alleged that the ED has been “summoning and compelling” its employees, including one Abhijeet Muzumdar, to part with sensitive
India to add 145 GW of RE capacity by 2027: IEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-to-add-145-gw-of-new-re-capacity-by-2027-iea/article66243512.ece The renewable energy share in the country’s total generation mix is likely to increase to 40.9 per cent during FY30 India, the world’s
Digital rupee: Anonymity forever? – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/opinion/digital-rupee-anonymity-forever/article66244189.ece E-rupee’s anonymity comes with riders In the recent post-monetary policy press meet, RBI officials took pains to assure the media that the e-rupee
India should tread carefully on FTA with EU – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/india-should-tread-carefully-on-fta-with-eu/article66244138.ece TRADE LESSONS EU’s FTA with Korea is instructive; it has run into disputes, with non-trade issues being thrown in The practical import of
How India navigates the oil slick – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-india-navigates-the-oil-slick/article66244113.ece By keeping commercial and political factors apart, the country’s nuanced stance in the oil market has served its interests well Since the day
Govt seeks Parliament nod for additional grant of ₹3.25-lakh crore this fiscal – The Hindu BusinessLine*
Clipped from: https://www.thehindubusinessline.com/economy/govt-seeks-parliament-nod-for-net-additional-spending-of-325-lakh-cr-this-fiscal/article66242270.ece FinMin moves first Supplementary Demands for Grants The Centre has sought approval from the Parliament for fresh cash expenditure of around ₹3.25-lakh crore.
As UP farmers sow more, area under wheat surges by 25% – The Hindu BusinessLine*
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/as-up-farmers-sow-more-area-under-wheat-surges-by-25/article66243702.ece Acreage under oilseeds, paddy and other rabi crops gains Wheat acreage in Uttar Pradesh, the country’s largest producer of winter-grown cereal, has jumped
November records highest auto retail sales at 23.80 lakh units – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/november-records-highest-auto-retail-sales-at-2380465-units-clocking-26-growth/article66242044.ece China lockdown may slow down supply of semi-conductors, says FADA The auto industry in November has clocked the highest retail sales in history
Buy more insurance cover if your liabilities have increased in the year | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/buy-more-insurance-cover-if-your-liabilities-have-increased-over-the-year-122120900973_1.html Hike health insurance coverage as well to keep pace with medical inflation Are you planning to go on a holiday in December? One
Defence industry perks up: India’s decades-old ambition and its paradoxes | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/defence-industry-perks-up-india-s-decades-old-ambition-and-its-paradoxes-122120900822_1.html It may be too early for isolated deals and breakthrough domestic R&D to register on a large scale, but those in the sector
Why has the Reserve Bank of India introduced an e-rupee? – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/explained-why-has-the-reserve-bank-of-india-introduced-an-e-rupee/article66223993.ece What are central bank digital currencies? Are central banks introducing digital currencies to counter the influence of cryptocurrencies? Will such a move increase
Order passed without considering objection filed by petitioner against Notice u/s 148A(b) not valid: Calcutta HC
Clipped from: https://www.taxscan.in/order-passed-without-considering-objection-filed-by-petitioner-against-notice-u-s-148ab-not-valid-calcutta-hc/231671/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Order%20passed By Yogitha S. Yogesh – On December 7, 2022 11:25 am In its recent order, the Calcutta High Court (HC) has held that the order passed
Review of SLR holdings in HTM category–TAXGURU
Clipped from: https://taxguru.in/rbi/review-slr-holdings-htm-category.html Reserve Bank of India RBI/2022-23/150DOR.MRG.REC.89/21.04.141/2022-23 December 8, 2022 Review of SLR holdings in HTM category Please refer to paragraph 1 of Statement on Development
Tackling inflation with accommodation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/tackling-inflation-with-accommodation/articleshow/96064910.cms Synopsis Exchange rate intervention has delivered an appreciation of the rupee in real effective terms between April and October. India has been through
China’s carrot, sticky for global economy? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/chinas-carrot-sticky-for-global-economy/articleshow/96093161.cms Synopsis China’s revival comes at a cost to other emerging economies that have gained from a dispersal of capital flows. Foreign investment has
A trade wave that wasn’t? What a 16.7% plunge in October export numbers mean – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/a-trade-wave-that-wasnt-what-a-16-7-plunge-in-october-export-numbers-mean/articleshow/96100819.cms SynopsisAfter record highs that surpassed export targets in the previous financial year, exports plunged to a low of $29.8 billion in October. What
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