https://www.thehindubusinessline.com/opinion/editorial/india-inc-has-delivered-bumper-profits-in-q1-but-sales-are-slowing/article67205958.ece Firms outside the banking and finance sector too have delivered healthy profits Disposable incomes will have rise to support aspirational spending | Photo Credit:
Day: August 17, 2023
👍👍👍👍👍Importance of mental health in the academic world
https://www.thehindubusinessline.com/opinion/importance-of-mental-health-in-the-academic-world/article67206453.ece There is a growing awareness about mental health issues | Photo Credit: Evgeny Gromov Higher education institutions (HEIs) must prioritise management strategies to deal
👍👍👍👍👍Work-in-progress. After 25 years, a Data Protection Law
https://www.thehindubusinessline.com/opinion/after-25-years-a-data-protection-law/article67206414.ece This was barely three years after the European Data Protection Directive (95/48) of the European Union. Of course, OECD principles of data privacy as
Finfluencers will require registration or licence from SEBI, IRDAI: ASCI
https://www.thehindubusinessline.com/news/finfluencers-will-require-registration-or-licence-from-sebi-irdai-asci/article67206218.ece The revised guidelines by ASCI comes at a time when SEBI has raised concerns about finfluencers spreading misleading advice regarding investments and stock trading.
RBI launches ‘UDGAM’, centralised web portal for unclaimed deposits
https://www.business-standard.com/economy/news/rbi-launches-udgam-centralised-web-portal-for-unclaimed-deposits-123081700637_1.html The Reserve Bank of India (RBI) on Thursday launched a centralised web portal UDGAM (Unclaimed Deposits – Gateway to Access inforMation), to make it
Indian PC market declined for fourth consecutive quarter, shows IDC data
https://www.business-standard.com/industry/news/india-s-traditional-pc-market-shipment-decline-15-3-shows-idc-data-123081700587_1.html excerpts Market share HP led the market with a share of 31.1 per cent in Q2CY23 and a strong growth in both the consumer
Liquidity splash have implications for asset price bubble, says RBI report
https://www.business-standard.com/markets/news/liquidity-splash-have-implications-for-asset-price-bubble-says-rbi-report-123081700781_1.html excerpts The Reserve Bank of India has raised concerns over potential asset price bubbles stemming from excess liquidity in the banking system, owing to
Rupee ends at record closing low as US Treasury yields hit 15-year high
https://www.business-standard.com/finance/news/rupee-falls-to-near-10-month-intraday-low-in-early-trade-appreciates-later-123081700226_1.html excerpts The rupee hit an all-time closing low and the yield on the benchmark 10-year Indian government bond rose to a four-month high on
Digital economy to contribute over 20% of India’s GDP by 2026: Union Minister Rajeev Chandrasekhar
https://www.financialexpress.com/economy/digital-economy-to-contribute-over-20-of-indias-gdp-by-2026-union-minister-rajeev-chandrasekhar/3213563/ Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Thursday forecast that the digital economy will contribute more than 20 per
Axis Bank goes live on RBI’s Public Tech Platform for Frictionless Credit to offer MSME loans, Kisan Credit Card
https://www.financialexpress.com/industry/sme/axis-bank-goes-live-on-rbis-public-tech-platform-for-frictionless-credit-to-offer-msme-loans-kisan-credit-card/3213722/ Unsecured loans for MSMEs: Private sector lender Axis Bank on Thursday announced offering up to Rs 10 lakh unsecured MSME loans and Kisan Credit Card
MSME jobs cross 13-crore mark; this many women employed so far
https://www.financialexpress.com/industry/sme/msme-jobs-cross-13-crore-mark-this-many-women-employed-so-far/3213989/ Employment by MSMEs: The MSME sector has crossed the figure of 13 crore jobs generation including more than 3 crore women workers, said MSME Minister
🙏🙏🙏🙏🙏Unhealthy prescription
https://www.business-standard.com/opinion/columns/unhealthy-prescription-123081600878_1.html The National Medical Commission’s (NMC’s) regulation stipulating that doctors prescribe only generic drugs, failing which they would be liable to be penalised, represents a
🙏🙏👍🙏🙏🙏🙏Turning AI challenge into golden opportunity
https://www.business-standard.com/opinion/columns/turning-ai-challenge-into-golden-opportunity-123081600896_1.html Notwithstanding the many benefits that Generative Artificial Intelligence (AI) promises, it also casts a shadow of massive job losses. At risk are repetitive and
💐Exports to UK holding up among top 10 destinations of Indian exports
https://www.business-standard.com/economy/news/exports-to-uk-holding-up-among-top-10-destinations-of-indian-exports-123081600764_1.html Among India’s top 10 export destinations, India’s merchandise exports in the first four months (April-July) of 2023-24 expanded only to the United Kingdom (UK)
Fitch warns rapid growth in unsecured retail credit needs management
https://www.business-standard.com/economy/news/fitch-warns-rapid-growth-in-unsecured-retail-credit-needs-management-123081600580_1.html Global rating agency Fitch on Wednesday warned that rapid loan growth, especially in unsecured retail credit, needs careful management to avoid a spike in
CBDT issues detailed guidelines on taxation of traditional policies
https://www.business-standard.com/economy/news/cbdt-issues-detailed-guidelines-on-taxation-of-traditional-policies-123081600836_1.html The Central Board of Direct Taxes (CBDT) has released detailed guidelines concerning the alterations in the taxation of life insurance policies under clause (10D)
🙏🙏🙏🙏🙏Centre will ‘intensify’ efforts to control inflation: TV Somanathan
https://www.business-standard.com/economy/news/centre-will-intensify-efforts-to-control-inflation-tv-somanathan-123081600721_1.html The central government will take a medium-term view while intensifying efforts to reduce the inflationary burden, and will avoid any knee-jerk reaction to transitory
July inflation raises more than ‘transient’ questions
https://www.thehindubusinessline.com/opinion/editorial/july-inflation-raises-more-than-transient-questions/article67201943.ece There are several aspects of the latest retail inflation numbers for July that need to be dissected – besides the obvious fact that it
Reports show 62% jump in phishing attacks last year
https://www.thehindubusinessline.com/info-tech/reports-show-62-jump-in-phishing-attacks-last-year/article67201918.ece Phishing attacks have increased 62 per cent over the last year, according to the Securonix 2023 Threat Report. The number of vacation-related phishing attacks
🙏🙏🙏🙏🙏Incremental CRR: A painful pill for the economy?
The Reserve Bank of India (RBI) announced on August 10 that it will be imposing an incremental cash reserve ratio (ICRR) of 10 per cent
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