https://www.thehindubusinessline.com/opinion/fight-against-inflation-is-not-over/article67198732.ece Policy rate cycles are typically asymmetric. While policy accommodations are rapid, policy tightening is generally slow and calibrated. This time, the policy responses to
Day: August 15, 2023
‘No plans to reconsider rice export ban as food inflation spikes
With food inflation hitting a 39-month high in July 2023, the Centre is not in a position to reconsider the recent export ban on non-basmati rice
Retail inflation soars to 15-mnth high; exports contract for sixth month
https://www.business-standard.com/economy/news/double-trouble-retail-inflation-soars-to-15-month-high-exports-contract-123081400902_1.html Excerpts The Consumer Price Index (CPI)-based inflation rate jumped to 7.44 per cent year-on-year (Y-o-Y) in July from 4.87 per cent in the preceding
Modi blames lingering effect of Covid-19, Russia-Ukraine war for worldwide struggle with inflation
https://www.thehindubusinessline.com/economy/pm-promises-more-measures-to-check-inflation/article67197271.ece Excerpts “I have to take more steps in this direction to minimise the burden of inflation on my countrymen. And we will continue to
Contract reform seeks to settle disputes, make doing business easier
https://www.business-standard.com/economy/news/contract-reform-seeks-to-settle-disputes-make-doing-business-easier-123081500210_1.html The Supreme Court on Monday stayed a Reliance Infrastructure-owned company from recovering Rs 4,800 crore in arbitration award from state-run Delhi Metro Rail Corporation.
From HDFC Bank to Bharti Airtel: Top ten holdings of various mutual funds
https://www.business-standard.com/finance/personal-finance/from-hdfc-bank-to-bharti-airtel-top-ten-holdings-of-various-mutual-funds-123081500106_1.html 1x ICICI Bank, HDFC Bank, Infosys, SBI, Bharti Airtel, NTPC, Larsen and Toubro, Reliance Industries are among the hot favourites of the most popular
What to do about income tax notices on under-reporting/misreporting of income
Read more at: https://www.deccanherald.com/business/explained-what-to-do-about-income-tax-notices-on-under-reportingmisreporting-of-income-2648092 https://www.deccanherald.com/business/explained-what-to-do-about-income-tax-notices-on-under-reportingmisreporting-of-income-2648092 Credit: There is much celebration about the widening taxpayer base. Out of the 6.77 crore income tax returns (ITRs) filed for
Protectionist backsliding: Don’t forget that India’s licence raj started with good intentions but soon paved the road to economic hell
https://www.financialexpress.com/opinion/protectionist-backsliding-dont-forget-that-indias-licence-raj-started-with-good-intentions-but-soon-paved-the-road-to-economic-hell/3210617/ Just four years after India’s independence, Gulzarilal Nanda, then minister for planning, had declared in Parliament that “there should be absolutely no apprehension that
The end of zero interest rates: Now that the US has avoided a recession, rates will likely stay above zero for a while
https://www.financialexpress.com/opinion/the-end-of-zero-interest-rates-now-that-the-us-has-avoided-a-recession-rates-will-likely-stay-above-zero-for-a-while/3210607/ What a difference two years make. In 2021, when interest rates were near zero in the United States and the United Kingdom and slightly
Goods exports fall 16% in July, imports shrink 17%
https://www.financialexpress.com/economy/goods-exports-fall-16-in-july-imports-shrink-17/3210666/ India’s merchandise exports declined for the sixth straight month in July with outbound shipments down 15.9% on year $ 32.25 billion. The decline in
👍👍👍👍👍When P2P platforms act like deposit-taking NBFCs
https://www.business-standard.com/opinion/columns/when-p2p-platforms-behave-like-deposit-taking-nbfcs-123073000534_1.html excerpts P2P is an online marketplace or a lending platform, which collects money from individuals and lends to individuals as well as micro and
Consultative approach
https://www.business-standard.com/opinion/editorial/consultative-approach-123081400907_1.html In the final hours of the recent session of Parliament, the government introduced three Bills that, if passed, will have far-reaching effects on how
👍👍👍👍👍Auditor resignations: Prevention is better than cure
https://www.thehindubusinessline.com/opinion/auditor-resignations-prevention-is-better-than-cure/article67195084.ece The recent resignation of Deloitte as the auditors of Adani Ports and the appointment of MSKA Associates as the succeeding auditors has made headline
India raises windfall gain tax on diesel and jet fuel
https://www.thehindubusinessline.com/markets/commodities/india-raises-windfall-gain-tax-on-diesel-and-jet-fuel/article67195539.ece According to a notification issued by the Ministry, Special Additional Tax Duty (SAED), better known as windfall gain tax, on domestically produced crude petroleum
aniltikotekar4sme.com 