Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-nbfc-lender-ambit-finvest-acquires-msme-business-of-fintech-firm-sme-corner/2938033/ Credit and Finance for MSMEs: Other than assets, Ambit Finvest would acquire 300 employees of the SME Corner and their proprietary online platform
Month: January 2023
Fair game | Business Standard Editorials***
Clipped from: https://www.business-standard.com/article/opinion/fair-game-123010401287_1.html Govt should not overregulate the gaming industry The draft rules for online gaming, which the Ministry of Electronics and Information Technology (MeitY) released
Banks’ CD ratio to rise further as loan growth seen outpacing deposit growth – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-cd-ratio-to-rise-further-as-loan-growth-seen-outpacing-deposit-growth/article66342443.ece Banks’ C-D ratio has been increasing since November 2021 to touch 74.8 per cent as of December 2, expanding 480 bps from a
How the International Year of Millets will boost Indian millets – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-how-the-international-year-of-millets-will-boost-indian-millets/article66337440.ece The government is making a concerted push, both domestically and abroad, to boost the production and consumption of millets Vice-President Jagdeep Dhankhar, Prime
How to stay digitally healthy in 2023 – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/info-tech/how-to-stay-digitally-healthy-in-2023/article66340853.ece Change all passwords; store data elsewhere; teach kids how to be digitally safe As you start the New Year, it is about time
Don’t drop fight against inflation – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/opinion/dont-drop-fight-against-inflation/article66343132.ece Premature easing of monetary policy may be costly. Tolerating higher inflation will harm growth Expecting monetary policy to support growth with high inflation
Why is the GST Tribunal a non-starter? – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/opinion/why-is-the-gst-tribunal-a-non-starter/article66343216.ece The absence of a viable appellate authority is a major lacuna of the GST regime that needs to be addressed immediately Appellate tribunal:
Mission millets: The demand side needs to be fixed first – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/mission-millets-the-demand-side-needs-to-be-fixed-first/article66342802.ece The demand side needs to be fixed first High MSP must be backed by proper procurement to benefit the farmers Millets, a naturally
A case for raising retirement age – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/opinion/a-case-for-raising-retirement-age/article66343154.ece Not only will it make India lock step with other nations, there are many advantages from a fiscal stand-point too Older employees will
RBI opens sandbox to 6 firms to test anti-fraud solutions – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-selects-6-entities-for-test-phase-under-regulatory-sandbox-for-prevention-and-mitigation-of-financial-frauds/article66341780.ece Allows regulator, innovators, customers to conduct field tests The ‘regulatory sandbox’ helps in collecting evidence on the benefits and risks of new financial
Deduction u/s 80P(2)(d) available to co-operative society for interest earned from investment with co-operative bank*******
Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-co-operative-society-interest-earned-investment-co-operative-bank.html Marathwada Krishi Vidyapeeth Karmachari Sahkari Patsanstha Ltd Vs PCIT (ITAT Pune) ITAT Pune held that interest income of co-operative society from investments/ deposits
I-T dept steps up efforts to recover tax arrears of over Rs 7.7 trillion | Business Standard News*
Clipped from: https://www.business-standard.com/article/economy-policy/i-t-dept-steps-up-efforts-to-recover-tax-arrears-of-over-rs-7-7-trillion-123010401132_1.html CBDT in Dec 21 meeting discuss measures to clear backlog; asks to focus on cash collection of Rs 2.05 trillion The income-tax (I-T)
Taming the dragon | Business Standard News
Clipped from: https://www.business-standard.com/article/beyond-business/taming-the-dragon-123010401313_1.html Getting China Wrong is a succinct analysis of US policies towards China, what motivated them and how they failed. Besides discussing the vexed
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
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
For the first time since early 2021, Apple loses $1 trillion in market cap | Business Standard News
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
For the first time since early 2021, Apple loses $1 trillion in market cap | Business Standard News
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
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
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