https://www.thehindubusinessline.com/opinion/rbis-dependence-on-forex-intervention-gain-needs-a-closer-look/article67075628.ece Clipped from: https://www.thehindubusinessline.com/opinion/rbis-dependence-on-forex-intervention-gain-needs-a-closer-look/article67075628.ece A major highlight of the income of the RBI in 2022-23 was a whopping exchange gain of ₹1,03,308 crore — an increase
Month: July 2023
Data Protection Bill gives state sweeping powers – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/data-protection-bill-gives-state-sweeping-powers/article67076973.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/data-protection-bill-gives-state-sweeping-powers/article67076973.ece Various provisions of the Bill have been left ambiguous too Six years after the Supreme Court upheld privacy as a fundamental right,
As Russian oil tops $60/barrel G7 cap, India caught in a bind – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/russia-payment-crisis-oil-psus-cant-trade-in-yuan-and-rupee-not-acceptable/article67076766.ece Clipped from: https://www.thehindubusinessline.com/economy/russia-payment-crisis-oil-psus-cant-trade-in-yuan-and-rupee-not-acceptable/article67076766.ece Dollar payment not possible; Moscow not keen on rupee settlement; public sector refiners can’t pay in yuan; UAE banks back out India’s
Credit grows by 16.22% YoY and bank deposits 12.96%, shows RBI data
https://www.business-standard.com/finance/news/commercial-bank-credit-grows-by-16-22-yoy-to-rs-143-trn-deposits-12-96-123071301050_1.html Clipped from: https://www.business-standard.com/finance/news/commercial-bank-credit-grows-by-16-22-yoy-to-rs-143-trn-deposits-12-96-123071301050_1.html Besides robust demand across segments, rise tied to quarter-end business also pushed the loan volumes in fortnight, bankers said Listen to This
👍👍👍👍👍👍👍Factors to consider while buying Health Insurance for parents – BusinessToday
https://www.businesstoday.in/impact-feature/story/factors-to-consider-while-buying-health-insurance-for-parents-389029-2023-07-10 Clipped from: https://www.businesstoday.in/impact-feature/story/factors-to-consider-while-buying-health-insurance-for-parents-389029-2023-07-10 If you have decided to opt for a separate Health Insurance policy for your parents, be mindful Sum Insured denotes the maximum
Is US Dollar losing its edge as global reserve? | Deccan Herald
https://www.deccanherald.com/opinion/is-us-dollar-losing-its-edge-as-global-reserve-1236563.html Clipped from: https://www.deccanherald.com/opinion/is-us-dollar-losing-its-edge-as-global-reserve-1236563.html The US Dollar is at its lowest in IMF’s forex reserves. This reflects a growing mistrust in Washington’s policies, coinciding with the
Express View on GST on online gaming: The bets are off | The Indian Express
https://indianexpress.com/article/opinion/editorials/express-view-on-gst-on-online-gaming-the-bets-are-off-8831661/ Clipped from: https://indianexpress.com/article/opinion/editorials/express-view-on-gst-on-online-gaming-the-bets-are-off-8831661/ Morality trumps economics in GST decision on gaming. That shrinks jobs, hurts a growing services sector, sends all the wrong signals In
👍👍👍👍👍👍👍Account Aggregator to Digilocker: Apps that help in managing financial life
https://www.business-standard.com/finance/personal-finance/account-aggregator-to-digilocker-apps-that-help-in-managing-financial-life-123071300979_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/account-aggregator-to-digilocker-apps-that-help-in-managing-financial-life-123071300979_1.html These government-backed services make sharing and access of important documents easy State-backed apps widen the access to government services. (Stock photo) More
👍👍👍👍👍Mohandas Pai, former SBI chairman Rajnish Kumar join Byju’s advisory council – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/mohandas-pai-former-sbi-chairman-rajnish-kumar-join-byjus-advisory-council/article67075902.ece Clipped from: https://www.thehindubusinessline.com/companies/mohandas-pai-former-sbi-chairman-rajnish-kumar-join-byjus-advisory-council/article67075902.ece The appointment of these two leaders to the advisory council will enhance its financial governance mechanisms and leverage expert advice to drive
GST authorities to roll out biometric-based Aadhaar authentication of suspicious registration applicants – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/gst-authorities-to-roll-out-biometric-based-aadhaar-authentication-of-suspicious-registration-applicants/article67075905.ece lipped from: https://www.thehindubusinessline.com/news/gst-authorities-to-roll-out-biometric-based-aadhaar-authentication-of-suspicious-registration-applicants/article67075905.ece Special joint drive against fake registration may be extended beyond July 15,says Revenue Secretary GST Administration will soon begin a pilot for
Broker’s Call: TCS (Buy) – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/brokers-call-tcs-buy/article67076277.ece Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-tcs-buy/article67076277.ece Target: ₹3,960 CMP: ₹3,340.65 Tata Concultancy Services’ CC (constant currency) revenue growth q-o-q and margin missed BNP Paribas estimates in Q1-FY24, mainly
Targeting exports and FDI | The Financial Express
https://www.financialexpress.com/opinion/targeting-exports-and-fdi/3165823/ Clipped from: https://www.financialexpress.com/opinion/targeting-exports-and-fdi/3165823/ FTAs and a better business environment will boost India’s shipments and FDI manifold X At a time when India’s exports face adverse
Game over: GST Council has inexplicably failed to recognise clear distinction between game of skill and chance | The Financial Express
https://www.financialexpress.com/opinion/game-over-gst-council-has-inexplicably-failed-to-recognise-clear-distinction-between-game-of-skill-and-chance/3167689/ Clipped from: https://www.financialexpress.com/opinion/game-over-gst-council-has-inexplicably-failed-to-recognise-clear-distinction-between-game-of-skill-and-chance/3167689/ The Council has brought at par the taxation structure for the online gaming space with that for lottery, betting and gambling. X
How to generate a secure credit & debit card PIN and keep it safe | The Financial Express
https://www.financialexpress.com/money/how-to-generate-a-secure-credit-amp-debit-card-pin-and-keep-it-safe/3167284/ Clipped from: https://www.financialexpress.com/money/how-to-generate-a-secure-credit-amp-debit-card-pin-and-keep-it-safe/3167284/ Setting up a security PIN for your credit and debit cards is an essential step towards protecting your finances from potential fraud.
Aadhaar-PAN Link News: ‘Income Tax Refund cannot be issued’, NRI gets Msg. I-T Dept replies | The Financial Express
https://www.financialexpress.com/money/income-tax/aadhaar-pan-link-news-income-tax-refund-cannot-be-issued-nri-gets-msg-i-t-dept-replies/3168412/ Clipped from: https://www.financialexpress.com/money/income-tax/aadhaar-pan-link-news-income-tax-refund-cannot-be-issued-nri-gets-msg-i-t-dept-replies/3168412/ Aadhaar-PAN Link Latest News: Permanent Account Numbers (PANs) of taxpayers who failed to link with Aadhaar by June 30 have become inoperative.
Small saving schemes: Govt tweaks rules, allows NRIs as nominees – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/small-saving-schemes-govt-tweaks-rules-allows-nris-as-nominees/article67052446.ece Clipped from: https://www.thehindubusinessline.com/news/small-saving-schemes-govt-tweaks-rules-allows-nris-as-nominees/article67052446.ece Govt has allowed for the conversion of a joint account into a single account A non-resident Indian (NRI) can now be made
Are Indian banks ready to adopt the expected credit loss framework?
https://www.business-standard.com/industry/banking/are-indian-banks-ready-to-adopt-the-expected-credit-loss-framework-123071200998_1.html Clipped from: https://www.business-standard.com/industry/banking/are-indian-banks-ready-to-adopt-the-expected-credit-loss-framework-123071200998_1.html The sophistication that ECL is asking for is much more ahead and advanced compared to usual scoring models Illustration: Ajay Mohanty In
The ECL model will not dent profits much: Karur Vysya Bank MD & CEO
https://www.business-standard.com/companies/news/ecl-model-will-not-have-much-dent-on-profitability-karur-vysya-bank-ceo-123062000450_1.html Clipped from: https://www.business-standard.com/companies/news/ecl-model-will-not-have-much-dent-on-profitability-karur-vysya-bank-ceo-123062000450_1.html We will test the waters, ferret out information through our business correspondents, and only then open a branch: B RAMESH BABU, Karur
👍👍👍👍👍Holding shares in firms’ subsidiaries exempted, clarifies GST Council
https://www.business-standard.com/economy/news/gst-council-says-mere-holding-of-shares-in-subsidiaries-exempt-of-gst-123071200713_1.html Clipped from: https://www.business-standard.com/economy/news/gst-council-says-mere-holding-of-shares-in-subsidiaries-exempt-of-gst-123071200713_1.html The clarification came amid GST officers sending notices to both Indian and foreign companies, demanding tax on share capital held in their
🙏GST Council decides to levy uniform taxation for utility vehicles
https://www.business-standard.com/industry/auto/gst-council-decides-to-levy-uniform-taxation-for-utility-vehicles-123071101059_1.html Clipped from: https://www.business-standard.com/industry/auto/gst-council-decides-to-levy-uniform-taxation-for-utility-vehicles-123071101059_1.html India’s Goods and Services Tax (GST) Council said that uniform taxation would be levied on multi-utility vehicles and sports utility vehicles, according
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