Clipped from: https://www.thehindubusinessline.com/companies/top-5-large-conglomerates-should-be-dismantled-viral-acharya/article66680065.ece Their market dominance could be responsible for keeping core inflation persistently at a high level, says former RBI Deputy Governor Former Deputy Governor
Month: March 2023
👍Don’t want to list arms, Kotak Bank stock to reflect Group value: KVS Manian – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dont-want-to-list-arms-kotak-bank-stock-to-reflect-group-value-kvs-manian/article66680138.ece The bank’s Whole Time Director Manian said that markets determine stock prices in their own ways and eventually the stock will find its
👍👍👍👍👍Due process of law essential to establish bank fraud – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/due-process-of-law-essential-to-establish-bank-fraud/article66679769.ece Supreme Court says borrower has the right to be given a fair hearing The crux of the recent Supreme Court ruling in State Bank
👍👍👍👍👍Energy imports must be slashed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/energy-imports-must-be-slashed/article66680733.ece Boosting exploration of local oilfields and enhancing coal output will help in cutting the crippling import bill India’s energy imports are estimated to
👍👍👍RBI’s timely move to ring-fence banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbis-timely-move-to-ring-fence-banks/article66680791.ece Banks are in a good position to make higher provisioning against exposure to top 20 business houses Amid the rising spillover risks due
👍Jobs, health and a greying population – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/jobs-health-and-a-greying-population/article66680854.ece With younger members in the family losing jobs, healthcare costs going up and inflation on the rise, senior citizens are a worried lot
Delay of 9 years condoned on reasonable cause of non-receipt of intimation
Clipped from: https://taxguru.in/income-tax/delay-9-years-condoned-reasonable-cause-non-receipt-intimation.html M.K. Hotels & Resorts Ltd Vs ACIT (ITAT Amritsar) ITAT Amritsar held that non-receipt of intimation resulted into no action on the part
Tech sector H-1B workers’ spouses can continue to work in US, says judge
Clipped from: https://www.business-standard.com/world-news/tech-sector-h-1b-workers-spouses-can-continue-to-work-in-us-says-judge-123033000095_1.html The ability of H-1B holders’ spouses to also get jobs in the US has been a major attraction for highly skilled foreign workers,
👍👍👍bank locker agreement: You may have to sign revised bank locker agreement again – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/you-may-have-to-sign-revised-bank-locker-agreement-again/articleshow/99069684.cms Synopsis The Reserve Bank of India (RBI) has issued a circular on January 23, 2023 asking banks to ensure that model locker agreement
👍👍👍99.9% of UPI transactions are bank account-to-account: NPCI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/999-of-upi-transactions-are-bank-account-to-account-npci/article66676802.ece Following the inclusion of Prepaid Payment Instruments (PPI Wallets) in the interoperable UPI ecosystem, NPCI last week introduced an interchange fee on merchant transactions,
Lok Sabha passes Competition (Amendment) Bill 2022 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/lok-sabha-passes-competition-amendment-bill-2022/article66674656.ece Bill provides for the concept of ‘deal value threshold’ as an additional criterion for notifying M&As; levy of anti-trust penalties on the ‘global
👍👍👍👍👍Angel tax is draconian and unfair on start-ups – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/angel-tax-is-draconian-and-unfair-on-start-ups/article66676445.ece This tax is a relic from an era where the start-up scene was not vibrant There seems to be good reason for India’s
👍👍👍👍👍STT hike does more good than harm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/stt-hike-does-more-good-than-harm/article66676724.ece The hike in STT on futures and options can check rampant speculation, besides correcting some imbalances in the market Every year when the
👍👍👍SEBI approves setting up backstop fund for debt mutual funds – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/new-backstop-fund-mooted-to-bail-out-mf-debt-schemes-in-distress/article66676446.ece SEBI has made the Board of AMC responsible for protecting unitholders’ interests SEBI has introduced the “Corporate Debt Market Development Fund”, a backstop facility
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