Clipped from: https://www.business-standard.com/article/economy-policy/worst-for-global-economy-behind-us-says-rbi-governor-shakitakanta-das-123012700897_1.html There is a need to improve retail access to markets, particularly gilts and derivatives, he says International growth is expected to contract significantly
Day: January 27, 2023
👍👍Hindenburg flames again: Can Adani repeat what Dhirubhai did in the 80s? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/hindenburg-flames-again-can-adani-repeat-what-dhirubhai-did-in-the-80s-123012701013_1.html The last time a bear attack was launched on a businessman gaining prominence rapidly was in the early 1980s when a cabal of
Cloud over Adani Enterprises FPO as stock dips 11-15% below offer | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/cloud-over-adani-enterprises-fpo-stock-available-at-11-15-discount-123012701017_1.html Offer garners just 1% subscription on opening day, with bids worth just Rs 150 cr vs Rs 14,908 cr on offer The battering
Adani counters Hindenburg charges, says top firms are auditing 8 group cos | Business Standard News
lipped from: https://www.business-standard.com/article/companies/adani-counters-hindenburg-charges-says-top-firms-are-auditing-8-group-cos-123012701179_1.html Group says it is evaluating Big-6 firm to audit Adani Total Gas; Hindenburg, by its own admission, is stands to gain from a
Carnage in Adani group stocks shaves off Rs 24,000 cr from LIC, MF wealth | Business Standard News
lipped from: https://www.business-standard.com/article/markets/adani-rout-shaves-off-nearly-rs-24-000-crore-lic-mutual-fund-wealth-123012701056_1.html Adani group stocks have seen an overall erosion of Rs 4.18 trillion ($50 billion) of market value The mayhem in Adani Groups’ shares
👍👍What really worries Indians about Adani’s empire – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/view-what-really-worries-indians-about-adanis-empire/articleshow/97361769.cms?from=mdr Synopsis Adani’s companies have not just been entrusted with a wide swathe of India’s infrastructure. They have become the government’s first choice as
👍👍What really worries Indians about Gautam Adani and his companies | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/what-really-worries-indians-about-gautam-adani-and-his-companies-123012700116_1.html If Adani’s companies can deliver a fraction of what he has pledged, then perhaps, in time, they might even grow into the valuations
👍👍Microfinance is fostering financial inclusion – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/microfinance-is-fostering-financial-inclusion/article66437204.ece The government should further incentivise the sector through tax concessions and subsidised funding Microfinance, through MFIs, has reached far-flung areas, and at the
Axis Bank in talks to issue 10-year infra bonds, taps insurance firms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/axis-bank-in-talks-to-issue-10-year-infra-bonds-taps-insurance-firms-123012600410_1.html Lender in talks with end-investors to issue infra bonds at a rate of around 7.85% Private sector lender Axis Bank is considering issuing 10-year infrastructure bonds at
👍👍Accounting practices at start-ups in India come under the scanner | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/accounting-getting-complex-in-india-as-start-ups-land-in-trouble-123012600586_1.html Where valuation has overpowered value and revenue recognition is a grey area, new accounting metrics is seeing new-age ventures jump through hoops Valuation
👍Real estate sector backs proposed IBC rule change for defaults | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-s-realty-sector-sees-a-new-ray-of-hope-in-proposed-ibc-norms-123012600792_1.html According to experts, defaults in the real estate sector often pertain to specific projects instead of the whole group Homebuyers are likely to
Pension funds trim India bets, assets down nearly Rs 60,000 cr in 2022 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/pension-funds-trim-india-bets-assets-down-nearly-rs-60-000-cr-in-2022-123012600578_1.html China’s reopening of the economy could be one factor for the trend, say analysts Pension funds, among the largest long-term sources of foreign
Importance of introducing financial literacy programme in school education | The Financial Express
Clipped from: https://www.financialexpress.com/education-2/importance-of-introducing-financial-literacy-programme-in-school-education/2961145/ Financial literacy is a term that is often used to describe the knowledge and skills needed to make responsible financial decisions. inancial education
👍Capex loans: Rs 85k cr sanctioned to states so far | The Financial Express
Clipped from: https://www.financialexpress.com/economy/capex-loans-rs-85k-cr-sanctioned-to-states-so-far/2945204/ Rs 46,000 crore disbursed; Centre expects almost full utilisation of `1 trillion facility States lose out if they don’t meet the Centre’s norm
A decent beginning | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-decent-beginning/2961082/ Sovereign green bonds have started off well; it’s time to meet the challenges of scaling up For that to happen, the investors subscribing
👍Near 50% jump in imports threatens India textile story | The Financial Express
Clipped from: https://www.financialexpress.com/industry/near-50-jump-in-imports-threatens-india-textile-story/2961219/ Such imports are likely to go well past $10 billion in the current fiscal to hit a record, official and industry sources told
Direct benefit transfers at Rs 5.14 trn so far this fiscal | The Financial Express
Clipped from: https://www.financialexpress.com/economy/direct-benefit-transfers-at-rs-5-14-trn-so-far-this-fiscal/2961096/ May cross FY22 figure of Rs 6.3 trn due to jump in fertiliser subsidy bill Subsidies worth Rs 1.5 trillion were transferred to beneficiaries via
Techies opt for career cushioning as layoffs surge | The Financial Express
Clipped from: https://www.financialexpress.com/industry/techies-opt-for-career-cushioning-as-layoffs-surge/2961234/ Career cushioning is essentially having an alternate safe bet to protect oneself from any unforeseen situation in one’s professional life, said Vijay Yalamanchilli,
👍👍PSBs have 30% exposure to Adani Group debt: CLSA | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/psbs-have-30-exposure-to-adani-group-debt-clsa/2961254/ The brokerage pegged the group’s consolidated debt at Rs 2.1 trillion, aggregating the consolidated debt of the top five companies and allowing for
👍Reform tax policy for growth | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/reform-tax-policy-for-growth/2960485/ There is headroom for tax relief to individuals. Changes to the basic exemption limit will be welcome, given these have not undergone a