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Day: October 28, 2023
Irdai sets up 12-member committee to simplify insurance policy wordings
https://www.business-standard.com/finance/insurance/irdai-sets-up-12-member-committee-to-simplify-insurance-policy-wordings-123102700422_1.html Clipped from: https://www.business-standard.com/finance/insurance/irdai-sets-up-12-member-committee-to-simplify-insurance-policy-wordings-123102700422_1.html This comes in the backdrop of the Irdai’s observation that policyholders often find it difficult to understand the terms and conditions in
Kotak Mahindra Bank Could be a Laggard in Medium Term – The Hindu BusinessLine
https://www.business-standard.com/finance/insurance/irdai-sets-up-12-member-committee-to-simplify-insurance-policy-wordings-123102700422_1.html Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/kotak-mahindra-bank-could-be-a-laggard-in-medium-term/article67469764.ece Triggers for re-rating missing and the downside risks outweigh positives When assumptions get challenged, it can work both ways for a stock.
MCA to soon launch centre to process all compliances for companies
https://www.business-standard.com/india-news/ministry-of-corporate-affairs-to-launch-its-central-processing-centre-soon-123102700901_1.html Clipped from: https://www.business-standard.com/india-news/ministry-of-corporate-affairs-to-launch-its-central-processing-centre-soon-123102700901_1.html These would include forms related to the increase, redemption or cancellation of share capital and debentures, return of deposits, registration of charges,
5G, satcoms, semiconductors to boost economy with $240 bn by FY28: KPMG
https://www.business-standard.com/industry/news/5g-satcoms-semiconductors-to-boost-economy-with-240-bn-by-fy28-kpmg-123102800641_1.html Clipped from: https://www.business-standard.com/industry/news/5g-satcoms-semiconductors-to-boost-economy-with-240-bn-by-fy28-kpmg-123102800641_1.html KPMG report outlines transformative potential of 5G, satellite communication and semiconductors on India’s economy and job market The report highlighted that rural
India needs 22 mn skilled workers in 5G focussed industries by 2025: TSSC
https://www.business-standard.com/industry/news/india-needs-22-mn-skilled-workers-in-5g-focussed-industries-by-2025-tssc-123102800668_1.html Clipped from: https://www.business-standard.com/industry/news/india-needs-22-mn-skilled-workers-in-5g-focussed-industries-by-2025-tssc-123102800668_1.html But only 40% of Indian graduates in computer science, IT, and math are employable in tech sector As technology advances into the
Madras HC directs Income Tax Dept to lift Attachment of Pension Account considering old Age of Pensioner
lipped from: https://www.taxscan.in/madras-hc-directs-income-tax-dept-to-lift-attachment-of-pension-account-considering-old-age-of-pensioner/336025/ The Madras High Court directs the income tax department to lift the attachment of the pension account considering the age and ailment of
Gifts received in shape of cash “Shaguns” on various occasions like Marriages, Birthdays, Anniversaries kept in Locker shall not be treated as Unexplained Money u/s 69A of Income Tax Act: ITAT
Clipped from: https://www.taxscan.in/gifts-received-in-shape-of-cash-shaguns-on-various-occasions-like-marriages-birthdays-anniversaries-kept-in-locker-shall-not-be-treated-as-unexplained-money-u-s-6/336090/ By Aparna. M – On October 27, 2023 2:00 pm – 2 mins read The Income Tax Appellate Tribunal (ITAT), Delhi bench held that gifts received in the form
Inform customers when banks ask for their credit score: What RBI has told credit bureaus
Clipped from: https://indianexpress.com/article/explained/explained-economics/customers-banks-credit-score-rbi-9001711/ You can also access your full credit report for free once a year. What other instructions has the central bank issued to banks
Political misinformation is a problem. But asking WhatsApp to risk user privacy is the wrong solution
Clipped from: https://indianexpress.com/article/opinion/editorials/remedy-worse-than-malaise-9002600/ We are only one step away from opening the floodgates of message traceability in the name of preserving election integrity. Besides being disproportionate,
How do SIM cards work? | Explained – The Hindu
https://www.thehindu.com/sci-tech/science/how-sim-cards-work-explained/article67453370.ece Clipped from: https://www.thehindu.com/sci-tech/science/how-sim-cards-work-explained/article67453370.ece SIM cards are the ID cards of the cellular world, and they have evolved in step with cellular networks. Representative photo showing
Women can make the world better – The Hindu
https://www.thehindu.com/opinion/lead/women-can-make-the-world-better/article67467037.ece Clipped from: https://www.thehindu.com/opinion/lead/women-can-make-the-world-better/article67467037.ece The global, male dominated, money-driven, system of institutions of business and society needs an overhaul Claudia Goldin, at a press conference after
‘The solution to rural prosperity is entrepreneurship at scale’ – SME News | The Financial Express
https://www.financialexpress.com/business/sme-msme-eodb-the-solution-to-rural-prosperity-is-entrepreneurship-at-scale-3161011/ Clipped from: https://www.financialexpress.com/business/sme-msme-eodb-the-solution-to-rural-prosperity-is-entrepreneurship-at-scale-3161011/ Ease of doing business for MSMEs: The lever to create jobs lies in mass entrepreneurship or widespread entrepreneurship. It means the growth
MSME-registration platform Udyam crosses 3 crore registration mark; Check details – SME News | The Financial Express
https://www.financialexpress.com/business/sme-msme-registration-platform-udyam-crosses-3-crore-registration-mark-check-details-3288695/ Clipped from: https://www.financialexpress.com/business/sme-msme-registration-platform-udyam-crosses-3-crore-registration-mark-check-details-3288695/ Considering the state-wise registration data, Maharashtra with over 35 lakh enterprises led the table. Tamil Nadu (20.5 lakh), Uttar Pradesh (19.13 lakh),
TReDS platform M1xchange enables invoice financing for transactions between SME buyer and SME seller – SME News | The Financial Express
https://www.financialexpress.com/business/sme-m1xchange-launches-new-tool-for-cash-flow-based-financing-to-msmes-3289165/ Clipped from: https://www.financialexpress.com/business/sme-m1xchange-launches-new-tool-for-cash-flow-based-financing-to-msmes-3289165/ The facility has digital credit analytics, which is enabled through a credit analytics engine (CAE) that leverages data available from multiple online
Fixed Deposit rule changed by RBI. Premature withdrawal is allowed on FDs up to Rs 1 crore! – Money News | The Financial Express
https://www.financialexpress.com/money/fixed-deposit-rule-changed-by-rbi-premature-withdrawal-is-allowed-on-fds-up-to-rs-1-crore-3287977/ Clipped from: https://www.financialexpress.com/money/fixed-deposit-rule-changed-by-rbi-premature-withdrawal-is-allowed-on-fds-up-to-rs-1-crore-3287977/ Non-callable Fixed Deposit Rule Change 2023: The Reserve Bank of India has decided to increase the minimum amount for offering non-callable term
Financial apps do make life simple but click with caution – Money News | The Financial Express
https://www.financialexpress.com/money/your-money-financial-apps-do-make-life-simple-but-click-with-caution-3289100/ Clipped from: https://www.financialexpress.com/money/your-money-financial-apps-do-make-life-simple-but-click-with-caution-3289100/ If an app asks for excessive access to your device’s data, then it is a red flag. X Downloading financial apps and
Asian Paints’ shares advance on Q2 results; Should you buy, sell the stock? – Market News | The Financial Express
https://www.financialexpress.com/market/asian-paints-shares-advance-on-q2-results-should-you-buy-sell-the-stock-3288250/ Clipped from: https://www.financialexpress.com/market/asian-paints-shares-advance-on-q2-results-should-you-buy-sell-the-stock-3288250/ Asian Paints’ stock price fell 4.32% in the last five days and 10.58% in the last one month, while it gained nearly
No policy for troubled times: Does inflation targeting really work?
https://www.business-standard.com/opinion/columns/no-policy-for-troubled-times-does-inflation-targeting-really-work-123102700810_1.html Clipped from: https://www.business-standard.com/opinion/columns/no-policy-for-troubled-times-does-inflation-targeting-really-work-123102700810_1.html On the evidence at hand, inflation targeting works only when the world economy is normal, and demand swings up and down in
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