Clipped from: https://www.thehindubusinessline.com/companies/srei-insolvency-section-10a-not-applicable-as-defaults-continued-beyond-moratorium-period-argues-solicitor-general-of-india/article66683487.ece Arguing against the very question of maintainability of application filed by erstwhile promoters of Srei group under Section 10A of IBC (Insolvency and Bankruptcy Code),
Day: April 1, 2023
🙏🙏🙏India’s new FTP to boost exports to $2 trillion by 2030 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indias-new-ftp-to-boost-exports-to-2-trillion-by-2030/article66683931.ece With no expiry date, policy to ensure continuity; spotlight on MSMEs, e-commerce, district export hubs, amnesty scheme (From left) Minister of State Anupriya
👍Interest rate reduction on CGTMSE loans will spur entrepreneurship: Tiruppur Exporters’ Association – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/interest-rate-reduction-on-cgtmse-loans-will-spur-entrepreneurship-tiruppur-exporters-association/article66683731.ece Ceiling limit for guarantees has also been enhanced to ₹5 crore from ₹2 crore, earlier The Centre’s move in reducing interest rates on
🙏🙏🙏🙏🙏Non-food bank credit growth at 15.9% in Feb led by services, personal loans: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/non-food-bank-credit-growth-at-159-in-feb-led-by-services-personal-loans-rbi/article66684320.ece The rise was lower than the 16.7 per cent year- on-year growth seen in January, as per data released by the Reserve Bank
👍👍👍NCLAT raps Google, but not hard enough – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/nclat-has-rapped-google-but-not-hard-enough/article66684025.ece NCLAT has set aside CCI’s four critical directions which would have given the Indian start-up ecosystem a level playing field On the face
🙏Uncertainty looms as mandatory hallmarking for gold with unique ID comes into force – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/gold/uncertainty-looms-as-mandatory-hallmarking-for-gold-with-unique-id-comes-into-force/article66684267.ece Jewellers gear up but fear the rollout could be difficult as only 1/3rd of 773 districts in the country have assaying and hallmarking
🙏Challenging days ahead for stock broking business – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/challenging-days-ahead-for-stock-broking-business/article66684318.ece ASBA in secondary market, hike in STT for derivatives may impact trading volume Gone are the days when holding a membership of a
Foreign Trade Policy (FTP) 2023 Highlights – The Hindu BusinessLine
FTP HighlightsFour new towns of export excellence declaredContinuation of export promotion schemesReduction in user charges for MSMEs under EPCG/AA schemesRationalisation of status holder export thresholds
CAD declines to $18 billion in Q3 from $30.9 billion in Q2, $22 billion a year ago – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cad-declines-to-18-billion-in-q3-from-309-billion-in-q2-22-billion-a-year-ago/article66684730.ece The Q3 CAD was equivalent to 2.2 per cent of India’s GDP as against 3.7 per cent in the previous quarter and 2.7 per cent in the
Govt proposes FTP benefits, dedicated zones to boost e-commerce exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-proposes-ftp-benefits-dedicated-zones-to-boost-e-commerce-exports/article66684712.ece The government has proposed to boost e-commerce exports, which may touch an estimated $200-300 billion by 2030 from $5-10 billion at present, by extending Foreign Trade
👍Broker’s Call: ICICI Lombard (Buy) – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-icici-lombard-buy/article66684827.ece Target: ₹1,490 CMP: ₹1,069.45 ICICI Lombard General Insurance Company has hosted its Analyst Day 2023 (Powering Experience with Technology) on March 28, 2023,
🙏Commercial judgments, and the ability to pay up – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/commercial-judgments-and-the-ability-to-pay-up/article66685028.ece Courts must be mindful of the financial implications of their judgments on the parties involved On March 30, two independent orders/judgments were delivered,
Govt reinforces the amendment of provisions of the Exporter Importer Code – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-reinforces-the-amendment-of-provisions-of-the-exporter-importer-code/article66684589.ece An IEC holder has to ensure that the details in its IEC are updated electronically every year April-June period The Centre has reinforced
Are Your Bank Deposits Safe? Here’s What You Need to Know about DICGC Cover – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/simply-put-dicgc-cover/article66683468.ece A Deposit Insurance and Credit Guarantee Corporation cover is decent protection for the depositors’ funds if the bank shuts down for good Venky
Exports did not increase beyond particular band with incentive schemes, says DGFT – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/exports-did-not-increase-beyond-particular-band-with-incentive-schemes-says-dgft/article66685149.ece DGFT Santosh Sarangi explains the details of some of the initiatives and how these can help the country aim for $2 trillion of
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