Clipped from: https://www.business-standard.com/article/international/for-the-first-time-since-early-2021-apple-loses-1-trillion-in-market-cap-123010401013_1.html The fall meant that in just one year, the tech giant lost $1 trillion in market capitalisation For the first time since early
Day: January 4, 2023
Justice B V Nagarathna: Stickler for law who will break a glass ceiling | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/justice-b-v-nagarathna-stickler-for-law-who-will-break-a-glass-ceiling-123010400519_1.html The lone dissenting voice in the demonetisation judgment, Nagarathna will be India’s first woman CJI in 2027 Engalaguppe Chatra is a small, nondescript
IT ministry looking to regulate online gaming for children: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/it-ministry-looking-to-regulate-online-gaming-for-children-report-123010400239_1.html The new regulations may make it necessary for gaming companies to install mechanisms to prevent in-game purchases by anyone below 18 years of
RBI lifts ban on M&M Finance for outsourcing recovery, repossession agents | Business Standard News*
Clipped from: https://www.business-standard.com/article/companies/rbi-lifts-ban-on-m-m-finance-for-outsourcing-recovery-repossession-agents-123010401037_1.html On September 22, the regulator barred Mahindra Finance from carrying out any recovery or repossession activity through outsourced agents The Reserve Bank of
How to change address in Aadhaar card online – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/info-tech/how-to/how-to-change-address-in-aadhaar-card-online/article66336674.ece UIDAI’s new rule lets Aadhaar holders change address online. Representative image | Photo Credit: KRISHNAN VV Aadhaar card holders can update their addresses
Tourist arrivals in Sri Lanka on rise despite economic crisis – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/news/world/tourist-arrivals-in-sri-lanka-on-rise-despite-economic-crisis/article66337277.ece This marks a significant increase from the Covid pandemic hit in 2021. In 2021, the tourist arrivals were under 1,95,000, according to Sri
Walmart gets $1-billion tax bill for shifting PhonePe headquarters to India – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/money-and-banking/walmart-gets-1-billion-tax-bill-for-shifting-phonepe-headquarters-to-india/article66337966.ece The bill stems from the relocation and rise in value of PhonePe Pvt, which Walmart took majority ownership of after acquiring parent outfit
India is not insulated from global uncertainties: CEA Debroy – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/economy/india-is-not-insulated-from-global-uncertainties-cea-debroy/article66337935.ece Simplified GST, direct tax system need of the hour Bibek Debroy, Chief Economic Advisor (CEA) to the Prime Minister | Photo Credit: SHIV
BharatPe posts 3x jump in losses to ₹5,584 crore in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bharatpe-posts-3x-jump-in-losses-to-5584-crore-in-fy22/article66338451.ece Change in fair value of shares impacts numbers The fintech company reported a 169 per cent growth in revenue at ₹321 crore |
Setback for Google as NCLAT refuses to pass interim stay on CCI anti-trust ruling – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/setback-for-google-as-nclat-refuses-to-pass-interim-stay-of-cci-anti-trust-ruling/article66336974.ece NCLAT directs deposit of 10% of penalty amount of ₹ 1336.7 crore In what is seen as a setback for Google, the National Company
Tyre industry poised for growth post Rs 35,000-crore investment in new capacity, says manufacturers’ body – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/industry-poised-for-growth-post-rs-35000-crore-investment-in-new-capacity-tyre-makers-body/article66337374.ece Projected to register turnover of Rs 1 lakh crore in the next three years, from Rs 75,000 crore currently Satish Sharma, Chairman Automotive
Google to end Chrome support on these computers from January 15 – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/google-to-end-chrome-support-on-these-computers-from-january-15/article66337673.ece Google Chrome support from Microsoft Windows 7 and Microsoft Windows 8 or Windows 8.1 versions The Google logo is pictured at the entrance to
Loose ends in the draft | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/loose-ends-in-the-draft/2935891/ The govt has done well to fast-track online gaming regulations, but certain provisions need to be fine-tuned MeitY appears to have made up
Modi Govt’s Gift for Senior Citizens, Retired Employees and Pensioners in 2023 | The Financial Express
lipped from: https://www.financialexpress.com/money/modi-govts-gift-for-senior-citizens-retired-employees-and-pensioners-scss-nsc-time-deposit-rates-jump/2936008/?ref=Must_Read Government has increased interest rates of SCSS, POMIS and NSC schemes for the January-March quarter of FY 2022-23. The Government has increased interest
Govt’s focus should be on widening the tax base – BusinessToday
Clipped from: https://www.businesstoday.in/union-budget/personal-finance/story/union-budget-2023-govts-focus-should-be-on-widening-the-tax-base-358181-2022-12-29 To achieve simplicity and bring efficiency to all categories of taxpayers, the government could make changes to the tax rates/ deductions. Here are
Indian banks going through a purple patch: NPAs trending downwards | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/indian-banks-going-through-a-purple-patch-npas-trending-downwards-123010301173_1.html Banks have been slow to pass the rate hikes on the liabilities while the assets side saw immediate revision Stronger than expected credit
Tea industry facing multiple challenges in wake of Covid pandemic: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tea-industry-facing-multiple-challenges-in-wake-of-covid-pandemic-experts-123010200704_1.html According to industry experts, the fall in production had helped in higher price realisation at the auctions The tea industry has been no exception to
Pharma firms with India focus preferred as US market concerns grow | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pharma-firms-with-india-focus-preferred-as-us-market-concerns-grow-123010300435_1.html Steady outlook and higher returns triggers for companies refining their strategy The Nifty Pharma index has been one of the major underperformers, declining
Google-CCI tussle: Industry divided even before the hearing starts | Business Standard News
lipped from: https://www.business-standard.com/article/companies/google-cci-tussle-gets-industry-divided-even-before-the-hearing-starts-123010300986_1.html Handset manufacturing firm Micromax and Jaina Private Limited are learnt to have filed an appeal in NCLAT against the same CCI order, in
India’s cement industry continues to present a puzzle to investors | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-s-cement-industry-continues-to-present-a-puzzle-to-investors-123010301009_1.html Given margin pressure and gradual demand revival, companies with strong balance sheet may gain in long run Five large cement majors with combined
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