Clipped from: https://www.financialexpress.com/opinion/ensuring-true-independence/3022745/ Independent directors can’t be expected to fulfil their mandate meaningfully when they serve on multiple boards within a promoter group. The need is
Month: March 2023
Long road ahead | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/long-road-ahead-2/3022748/ India can benefit from diversifying Asian supply chains, but there are policy challenges. India’s manufacturing labour costs may be nearly half of Vietnam’s
👍👍👍What a US debt ceiling standoff could mean for markets | The Financial Express
Clipped from: https://www.financialexpress.com/investing-abroad/featured-stories/what-a-us-debt-ceiling-standoff-could-mean-for-markets/3022610/ If lawmakers cannot reach an agreement, there may be a significant impact on the U.S. economy and markets. The root of the problem
👍👍👍Govt tells PSBs to monitor, make provision for companies’ pledged shares
Clipped from: https://www.business-standard.com/finance/news/finmin-directs-psbs-to-monitor-provision-for-pledged-shares-of-companies-123032600330_1.html Directs banks to double down on comprehensive stress testing of portfolios at micro-cluster level Listen to This Article The finance ministry has directed
Making room for ‘exceptional circumstances’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/making-room-for-exceptional-circumstances/article66664325.ece In arbitration proceedings, the question of whether a party can adduce fresh evidence is a crucial one Can a party adduce fresh evidence
👍👍👍Mixing alcohol with GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/mixing-alcohol-with-gst/article66664359.ece West Bengal says no to GST on liquor sold for human consumption Addressing the restriction of input tax credit (ITC) on sale of
👍👍👍👍👍👍👍STT hike could push FPIs to relocate operations to India to save tax – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stt-hike-could-push-fpis-to-relocate-operations-to-india-to-save-tax/article66664190.ece If they are located in India, FPIs will be able to adjust the STT already paid against their tax outgo The recent hike
👍👍👍👍👍Vault matter: Capital on the minds of bank bosses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/vault-matter-capital-on-the-minds-of-bank-bosses/article66661817.ece Two aspects are in favour of banks — clean asset quality and well-capitalised balance sheets Banks have had a fabulous run for over
Credit Suisse’s AT-1 bond fiasco — YES Bank’s deja vu moment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/credit-suisses-at-1-bond-fiasco-yes-banks-deja-vu-moment/article66661787.ece The apex court will determine whether bondholders deserve to be compensated and the rationale for subscribing to the bonds The recent strike down
👍👍👍👍👍Debt funds shorted – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/debt-funds-shorted/article66664260.ece The Centre should review capital gains taxation in totality Amendments to taxation rules regarding debt funds included in the Finance Bill 2023 have
👍👍👍RBI asks banks to make extra provisioning on top 20 business houses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-asks-banks-to-make-extra-provisioning-on-top-20-business-houses/article66664724.ece Banks to make specific provision towards these exposures; quantum could be board’s decision To ready up for any contingency, the Reserve Bank of India has
👍👍👍The Fed sees a looming credit crunch. What’s that? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/the-fed-sees-a-looming-credit-crunch-whats-that/article66659930.ece Here’s a look at some of the dynamics from past credit crunches compared to what has been observed in the current episode. It’s
👍Finance Bill 2023 passed; tax benefit to debt MFs removed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/finance-bill-2023-passed-tax-benefit-to-debt-mfs-removed/article66657736.ece Gains on all investments made on or after April 1, 2023, in specified debt MFs will be treated as short-term capital gains In
👍Recession threat, job cuts to affect repayment capacity of Indian students studying abroad – The Hindu BusinessLine
NBFCs and fintechs, which account for a major share of overseas education loans, might feel the brunt, if they have not done the due diligence
Finance Bill 2023: How will it impact mutual fund investors?
Finance Bill 2023: How will it impact mutual fund investors?: https://www.thehindubusinessline.com/multimedia/audio/finance-bill-2023-how-will-it-impact-mutual-fund-investors/article66657429.ece
Lower-rated corporates may find it difficult to raise resources
Lower-rated corporates may find it difficult to raise resources: https://www.thehindubusinessline.com/markets/lower-rated-corporates-may-find-it-difficult-to-raise-resources/article66658033.ece
Lessons from last financial cycle provided an additional layer of protection: CEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/lessons-from-last-financial-cycle-provided-an-additional-layer-of-protection-cea/article66658132.ece Data from EPFO and NREGA suggest that the rural economy is not particularly hurting, says Anantha Nageswaran “Our good luck is that we
TikTok’s CEO fails to placate US lawmakers eager to ban it – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/tiktoks-ceo-fails-to-placate-us-lawmakers-eager-to-ban-it/article66655988.ece Lawmakers and the Biden administration are exploring how to force TikTok’s Chinese parent company, ByteDance Ltd., to sell its shares of the unit
No relief to start-ups from angel tax provisions in Finance Bill amendments – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/no-relief-to-start-ups-from-angel-tax-provisions-in-finance-bill-amendments/article66657299.ece The only two classes of investors whose investments are exempt from angel tax are SEBI-registered CAT I and II AIFs as well as
What is the impact of hike in STT? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/commodity-analysis/what-is-the-impact-of-hike-in-stt/article66656860.ece I’m an active F&O trader. What will be the impact of the hike in STT in F&O? Will the margin requirement go up
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