Month: August 2023
Asian shares head for 3rd week of losses on China woes, US rates
Asian shares head for 3rd week of losses on China woes, US rates https://economictimes.indiatimes.com/markets/stocks/news/asian-shares-head-for-3rd-week-of-losses-on-china-woes-us-rates/articleshow/102816899.cms Download Economic Times App to stay updated with Business News –
Radhakishan Damani, Hemendra Kothari among India’s top stock market investors
Radhakishan Damani, Hemendra Kothari among India’s top stock market investors https://economictimes.indiatimes.com/markets/stocks/news/radhakishan-damani-hemendra-kothari-among-indias-top-stock-market-investors/articleshow/102815839.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
I-CRR move to prevent ‘asset price bubble’: RBI’s state of economy report
https://www.business-standard.com/markets/news/liquidity-splash-have-implications-for-asset-price-bubble-says-rbi-report-123081700781_1.html The Reserve Bank of India’s (RBI’s) state of the economy report on Thursday warned of asset price bubbles emanating from excess liquidity in the
Develop expertise in carbon accounting, ESG: FM urges CAs
https://www.financialexpress.com/economy/develop-expertise-in-carbon-accounting-esg-fm-urges-cas/3214162/ The traditional image of accounting as a tedious and manual process is rapidly evolving. Finance Minister Nirmala Sitharaman on Thursday asked Chartered Accountants (CAs)
Tax Talk: Key data points to compute capital gains on property sale; you can claim deduction for interest paid during the construction phase
https://www.financialexpress.com/money/tax-talk-key-data-points-to-compute-capital-gains-on-property-sale-you-can-claim-deduction-for-interest-paid-during-the-construction-phase/3214099/ Receipts for direct sale-related expenses Expenses directly incurred in relation to the purchase and sale are allowed as a deduction when calculating capital gains.
The Reserve Bank of India (RBI) on Thursday said retail inflation is expected to average well above its target band of 4%-6% in Q2FY24, and called for major reforms in the perishables supply chain to prevent recurrent price shocks.
To be sure, India’s consumer price index-based inflation rose to a 15-month high of 7.44% in July, primarily led by a rise in vegetable prices,
Spike in inflation: RBI calls for reforms in perishables supply chain
https://www.financialexpress.com/industry/banking-finance/spike-in-inflation-rbi-calls-for-reforms-in-perishables-supply-chain/3214198/ The Reserve Bank of India (RBI) on Thursday said retail inflation is expected to average well above its target band of 4%-6% in Q2FY24,
Draft tax form for firms to report inventory valuation out
https://www.financialexpress.com/industry/draft-tax-form-for-firms-to-report-inventory-valuation-out/3214201/ To prevent the deferral of taxes through undervaluation of inventory, the income tax department has come out with a draft form for various categories
👍👍👍👍👍India Inc has delivered bumper profits in Q1, but sales are slowing
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:
👍👍👍👍👍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
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