Reliance Industries’ PAT dips 15% YoY, revenue up 15% on all-round performance: https://www.thehindubusinessline.com/companies/reliance-industries-pat-dips-15-yoy-revenue-up-15-on-all-round-performance/article66414160.ece
Day: January 20, 2023
*RIL shares can rally up to 26%, green hydrogen biz valued at $8 bn: Jefferies
RIL shares can rally up to 26%, green hydrogen biz valued at $8 bn: Jefferies https://economictimes.indiatimes.com/markets/stocks/news/ril-shares-can-rally-up-to-26-green-hydrogen-biz-valued-at-8-bn-jefferies/articleshow/97048747.cms Download Economic Times App to stay updated with Business
RIL announces Rs 20,000 cr fundraising via NCDs
RIL announces Rs 20,000 cr fundraising via NCDs https://economictimes.indiatimes.com/markets/stocks/earnings/ril-announces-rs-20000-crore-fundraising-via-ncds/articleshow/97178839.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
RIL Q3 results: Net profit declines 15% to Rs 15,792 cr – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/ril-q3-results-net-profit-declines-15-to-rs-15792-cr-366930-2023-01-20 Middle Distillate cracks to remain firm on lower inventories, seasonal demand, and impending loss of Russian oil products, says the conglomerate on outlook
🙏To counter digital savvy evaders, GST to set up 5 forensic laboratories – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/to-counter-digital-savvy-evaders-gst-to-set-up-5-forensic-laboratories/article66412599.ece The inhouse mechanism aims to facilitate tax evasion investigation, bolstering digital forensics capabilities CBIC Chairman Vivek Johri | Photo Credit: PTI Central Board
Govt must lower fiscal deficit, act on non-tax revenue: EY India’s Memani | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-must-lower-fiscal-deficit-act-on-non-tax-revenue-ey-india-s-memani-123012001104_1.html In an interview with Ruchika Chitravanshi, Rajiv Memani, chairman and managing director of EY India, said that there is a strong enabling environment
👍Capital gains: Investment cut-off date extended, but there’s a catch | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/deadline-for-sec-54-54gb-investments-extended-but-there-s-a-catch-123011701120_1.html Taxpayers may not be able to avail of it unless last date for filing revised ITR is extended Individuals who have earned long-term
👍👍How bike taxis can ease urban mobility woes and boost the economy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/how-bike-taxis-can-ease-urban-mobility-woes-and-boost-the-economy-123011900778_1.html Bike taxis provide affordable and flexible first-and last-mile connectivity solutions, can generate huge employment opportunities, boost the local economy, and reduce pressure on
👍👍Prioritising stability over growth | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/prioritising-stability-over-growth-123011901524_1.html The backdrop of the Budget augurs well for the government, but a closer look calls for a cautious approach Amidst the uncertain global
👍Individual insolvency misuse by personal guarantors in govt cross hairs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/draft-ibc-amendments-address-misuse-of-individual-insolvency-by-pgs-123011901119_1.html Draft IBC amendments propose to remove ‘perverse incentives’ The Ministry of Corporate Affairs (MCA) has taken a strict view of the misuse of
🙏Root out tax evasion – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/root-out-tax-evasion/article66410282.ece In GST, free flow of data will improve compliance There have been many ways by which GST evasion has been happening | Photo
Macroeconomic stability getting further entrenched: RBI monthly bulletin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/macroeconomic-stability-getting-further-entrenched-rbi-monthly-bulletin/article66410050.ece Current account deficit is on course to narrow through the rest of 2022 and 2023 Macroeconomic stability is getting further entrenched with inflation
Two-wheeler industry unlikely to recover in the next two years: ICRA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/two-wheeler-industry-unlikely-to-recover-in-the-next-two-years-icra/article66397604.ece Overall auto sector expected to grow at high single digit The two-wheeler industry continues to struggle with volumes still below the pre-Covid peak
*IndusInd Bank (Buy) – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-indusind-bank-buy/article66408297.ece Anand Rathi Equity Research Target: ₹1,408 CMP: ₹1,199.45 IndusInd Bank’s Q3 FY23 profitability improved, with a 1.86 per cent RoA (up 8 basis
🙏🙏Games of ‘skill’ vs games of ‘chance’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/games-of-skill-vs-games-of-chance/article66410172.ece A quantitative approach can help differentiate the two and withstand challenges of differing legal opinions The distinction between a game of skill and
🙏A digital legal system needed for speedy justice – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-digital-legal-system-needed-for-speedy-justice/article66410182.ece In a country with over 65 crore active internet users, online dispute resolution has immense potential to cut case backlog Towards speedy justice
🙏Budget shouldn’t remain silent on setting up GST Tribunals – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/budget-shouldnt-remain-silent-on-setting-up-gst-tribunals/article66410258.ece GST payers have been at the receiving end of aggressive assessment orders, which have been followed up with quick punitive action It is