Clipped from: https://www.business-standard.com/article/opinion/confirming-compliance-123021601313_1.html Forensic audit of fund houses will boost confidence The Securities and Exchange Board of India (Sebi) appears to be gearing up for a
Day: February 16, 2023
👍Sebi mandates brokers, depositories to maintain websites | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/sebi-mandates-brokers-depositories-to-maintain-websites-123021601107_1.html A designated website brings in transparency and helps the investors to keep themselves well informed about the various activities of the Stock broker
1👍Cyber criminals’ modus operandi changing, need to deal with heavy hand: HC | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/cyber-criminals-modus-operandi-changing-need-to-deal-with-heavy-hand-hc-123021601192_1.html The high court was informed that several accused were arrested in the case and some of them have been granted bail The modus
👍👍👍New tax norm to hurt insurers; stocks attractive for the long run: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/new-tax-norm-to-hurt-insurers-stocks-attractive-for-the-long-run-analysts-123021600287_1.html Analysts expect stocks to remain under pressure in the near-term as the government’s new tax regime push, with no tax saving deductions, could
👍Liquidity likely to head towards neutral after three years of surplus | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/after-three-years-of-surplus-liquidity-now-seen-heading-to-neutral-zone-123021601023_1.html Future scenario hinges on forex market, govt spending, credit growth With certain operations undertaken by the RBI in early 2020 set to mature in the
👍Govt aims to mop up Rs 75K crore from senior citizen savings scheme | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-aims-to-mop-up-rs-75-000-crore-from-sr-citizen-savings-scheme-123021601062_1.html Not to overshoot FY24 net borrowing target of Rs 11.8 trillion The maximum investable amount of the senior citizen savings scheme (SCSS) —
Adani says appointment of Grant Thornton as auditor ‘market rumour’ | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/adani-says-appointment-of-grant-thornton-as-auditor-market-rumour-123021601168_1.html The audits was to specifically look into if there was any misappropriation or repatriation of funds and if loans were used for any
👍TCS revenue growing at a lower rate than Infosys in FY23 and FY24: Moody’s – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/moodys-sees-tcs-revenue-growing-at-a-lower-rate-than-infosys-in-fy23-and-fy24/article66513416.ece Revenue growth prospects for IT companies are likely to slow down in the medium term: Moody’s The operating profit margin of TCS is
👍India can’t really be inward looking and disallow imports, says FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-cant-really-be-inward-looking-and-disallow-imports-says-fm/article66512890.ece Sitharaman asks exporters to constantly engage with the government Finance Minister Nirmala Sitharaman during an interactive session on the theme ‘India’s role in
👍👍👍Deluge of edible oil imports hits refiners – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/edible-oil-imports-up-31-as-palm-oil-shipments-surge-77/article66512063.ece Shipments into the country surge 31.3% during Nov-Jan with RBD palmolein consignments trebling India’s palm oil refining industry is suffering from low capacity
👍👍👍Tax proposal on market-linked debts in FY23 Budget will impact 2 lakh investors: NBFC body – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/tax-proposal-on-market-linked-debts-in-fy23-budget-will-impact-2-lakh-investors-nbfc-body/article66512995.ece Finance Industry Development Council writes to Finance Minister seeking tax parity The Budget classified the nature of returns on MLDs as short-term capital
👍👍👍India’s per capita consumption for footwear lowest globally: CLE Chairman Sanjay Leekha – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indian-consumption-of-footwear-is-only-two-pairs-per-capita-cle-chairman-sanjay-leekha/article66502792.ece Domestic market is extremely positive as footwear purchase will increase with rising buying strength Sanjay Leekha,Chairman, CLE | Photo Credit: VELANKANNI RAJ B
👍👍👍Budget and unanswered questions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/budget-and-unanswered-questions/article66513789.ece While the Budget is sound, a long-term plan for manufacturing and jobs is not spelt out Not much attention has been paid to
👍👍👍Mortgage platform LoanKuber raises $2 million in funding – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mortgage-platform-loankuber-raises-2-million-in-funding/article66515652.ece LoanKuber to utilise funding to scale assets under management, improve the existing technology stack as well as build and expand the team Fintech
‘Fall in bank stocks a good re-entry point’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/fall-in-bank-stocks-a-good-re-entry-point/article66515953.ece Sharp drop in Gross NPA is seen among public sector banks which provide comfort Analsysts say banks are witnessing strong earnings momentum on
We’re formalising economy, don’t ask for TDS sops: FM to industry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/were-formalising-economy-dont-ask-for-tds-sops-fm-to-industry/article66516394.ece Rules out giving exemptions on tax on prize monies File picture of Union Finance Minister Nirmala Sitharaman | Photo Credit: Shahbaz Khan Hyderabad,
Strengthen your board: RBI message to banks – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/strengthen-your-board-rbi-message-to-banks/article66516110.ece Regulator is nudging banks to rope in ex-bankers for the chairman position The routine annual inspection of banks conducted by the Reserve Bank of
Is there a way to boost the tax base? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-there-a-way-to-boost-the-tax-base/article66516746.ece Head deck: Focus on formalisation of the economy and increasing the scope of tax collected at source could help The huge informal sector
Why tax devolution to States has been falling consistently? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/why-tax-devolution-to-states-has-been-falling-consistently/article66516766.ece Tax devolution in FY24 is estimated to hit a five-year low of 36.5 per cent Tax devolved to States are untied funds and
Secondary steel scrap recycling industry seeks GST structure rationalisation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/secondary-steel-scrap-recycling-industry-seeks-gst-structure-rationalisation/article66516906.ece The industry is under scrutiny as the scrap dealers have been found guilty of claiming fraudulent input tax credits The Induction Furnace sector
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