https://www.business-standard.com/opinion/columns/ai-alone-ain-t-enough-123122901115_1.html Clipped from: https://www.business-standard.com/opinion/columns/ai-alone-ain-t-enough-123122901115_1.html Crafting adept prompts and posing insightful queries to the model is crucial The advent of generative Artificial Intelligence (AI), marked by OpenAI’s
Month: December 2023
2024’s defining clash: AI vs regulators
https://www.business-standard.com/opinion/columns/2024-s-defining-clash-ai-vs-regulators-123122901080_1.html Clipped from: https://www.business-standard.com/opinion/columns/2024-s-defining-clash-ai-vs-regulators-123122901080_1.html The next year will see this extraordinary and impactful field alter the fabric of our lives – but it may not see
Evaluating the Indian economy’s resilience
https://www.business-standard.com/opinion/columns/evaluating-the-indian-economy-s-resilience-123122801113_1.html Clipped from: https://www.business-standard.com/opinion/columns/evaluating-the-indian-economy-s-resilience-123122801113_1.html A growth trajectory of 6.5 to 7.5 %, centred around 7 %, is reasonable in the coming years, barring the eventuality of
In a first, over 80 million ITRs filed for AY 2023-24: Income Tax dept
https://www.business-standard.com/economy/news/in-a-first-over-80-million-itrs-filed-for-ay-2023-24-income-tax-dept-123122900862_1.html Clipped from: https://www.business-standard.com/economy/news/in-a-first-over-80-million-itrs-filed-for-ay-2023-24-income-tax-dept-123122900862_1.html The income tax department on Friday said over 8 crore ITRs have been filed for assessment year 2023-24 till date The total
Exports to Australia see upward trend, owing to duty concessions under ECTA
https://www.business-standard.com/india-news/exports-to-australia-see-upward-trend-owing-to-duty-concessions-under-ecta-123122900845_1.html Clipped from: https://www.business-standard.com/india-news/exports-to-australia-see-upward-trend-owing-to-duty-concessions-under-ecta-123122900845_1.html Government officials said that there has been an uptick in exports of products, where duty concessions have been given under the trade
NFRA finds certain lapses in audit quality of Walker Chandiok & Co
https://www.business-standard.com/companies/news/nfra-finds-certain-lapses-in-audit-quality-of-walker-chandiok-co-123122901117_1.html Clipped from: https://www.business-standard.com/companies/news/nfra-finds-certain-lapses-in-audit-quality-of-walker-chandiok-co-123122901117_1.html The regulator initiated an audit quality inspection of Walker Chandiok & Co LLP in December last year and covered various aspects The
Clipped from: https://www.business-standard.com/industry/banking/banks-raise-over-rs-1-trn-through-cd-in-dec-amid-liquidity-crunch-123122900890_1.html
CDs, which are short-term debt instruments, are utilised by banks to raise funds Listen to This Article In an effort to fortify their balance sheets
The last quarter-century has turned out to be less Brics, more China-India
https://www.business-standard.com/opinion/columns/the-last-quarter-century-has-turned-out-to-be-less-brics-more-china-india-123122900902_1.html Clipped from: https://www.business-standard.com/opinion/columns/the-last-quarter-century-has-turned-out-to-be-less-brics-more-china-india-123122900902_1.html China and India have proved the Brics forecast right in the quarter-century gone by. In the second quarter-century expect broadly more of
Banks’ MSME portfolio quality improves further as GNPAs drop below 5% in Sept: RBI report – SME News | The Financial Express
https://www.financialexpress.com/business/sme/banks-msme-portfolio-quality-improves-further-as-gnpas-drop-below-5-in-sept-rbi-report/3350655/ Clipped from: https://www.financialexpress.com/business/sme/banks-msme-portfolio-quality-improves-further-as-gnpas-drop-below-5-in-sept-rbi-report/3350655/ The RBI report also noted increased lending by both public and private sector banks to MSMEs in H1 despite ECLGS expiry, points
None of the top 100 borrower accounts in NPA category for scheduled commercial banks: RBI report – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/none-of-the-top-100-borrower-accounts-in-npa-category-for-scheduled-commercial-banks-rbi-report/article67684078.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/none-of-the-top-100-borrower-accounts-in-npa-category-for-scheduled-commercial-banks-rbi-report/article67684078.ece The share of top 100 borrowers, which was rising for two years until March 2023, in SCBs’ loans witnessed a moderation None
Multiple banks lending to the same NBFCs dilute post-sanction monitoring – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/multiple-banks-lending-to-the-same-nbfcs-dilute-post-sanction-monitoring/article67684135.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/multiple-banks-lending-to-the-same-nbfcs-dilute-post-sanction-monitoring/article67684135.ece ‘It is imperative for boards of banks and NBFCs to fix suitable sectoral and sub-sectoral exposure limits and monitor them closely to
Banks up against challenges in coming year – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/banks-up-against-challenges-in-coming-year/article67684245.ece Clipped from: https://www.thehindubusinessline.com/opinion/banks-up-against-challenges-in-coming-year/article67684245.ece Liquidity concerns as well as managing regulatory issues vis-a-vis non-bank sector will be in the forefront Banks experienced elevated liquidity risks during
E-commerce policy in final stages of discussion: Goyal – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/e-commerce-policy-in-final-stages-of-discussion-goyal/article67684221.ece Clipped from: https://www.thehindubusinessline.com/economy/e-commerce-policy-in-final-stages-of-discussion-goyal/article67684221.ece E-commerce Export Handbook for MSMEs to act as guide for small players to onboard the platform Union Minister for Commerce and Industry
Chandra tells Tata group employees to prepare for disruption – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/chandra-tells-tata-group-employees-to-prepare-for-disruption/article67684204.ece Clipped from: https://www.thehindubusinessline.com/companies/chandra-tells-tata-group-employees-to-prepare-for-disruption/article67684204.ece Tata Sons chairman N Chandrasekaran urges group companies to focus on better execution, customer satisfaction & AI in his New Year message
Growth being driven by investments, consumption demand weak: MPC’s Shashanka Bhide – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/growth-being-driven-by-investments-consumption-demand-weak-mpcs-shashanka-bhide/article67684279.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/growth-being-driven-by-investments-consumption-demand-weak-mpcs-shashanka-bhide/article67684279.ece Q2 growth was significantly more than what we were expecting. However, these changes, even when they are positive require more concern: Bhide
Loans & advances and deposits related grievances surge in FY23: RBI – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/loans-advances-and-deposits-related-grievances-surge-in-fy23-rbi/article67684368.ece Clipped from: https://www.thehindubusinessline.com/news/loans-advances-and-deposits-related-grievances-surge-in-fy23-rbi/article67684368.ece Higher by 94% and 103% year-on-year, experts attribute the increase to growing digital apps adoption With over 60 per cent of retail
SBI, HDFC Bank asked to set aside higher capital for loans – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/sbi-hdfc-bank-asked-to-set-aside-higher-capital-for-loans/article67684343.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sbi-hdfc-bank-asked-to-set-aside-higher-capital-for-loans/article67684343.ece For ICICI Bank, the additional CET 1 requirement continues at 0.20 per cent. State Bank of India (SBI) and HDFC Bank, both
CBDT issues guidelines on 1% tax deduction by e-commerce operators – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/cbdt-issues-guidelines-on-1-tax-deduction-by-e-commerce-operators/article67684220.ece Clipped from: https://www.thehindubusinessline.com/economy/cbdt-issues-guidelines-on-1-tax-deduction-by-e-commerce-operators/article67684220.ece The CBDT circular details various types of situations with examples and provides clarity on multiple issues The Central Board of Direct Taxes
Low risk to India from any crude oil price spike in FY25: Chief Economic Advisor – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/low-risk-to-india-from-any-crude-oil-price-spike-in-fy25-chief-economic-advisor/article67684429.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/low-risk-to-india-from-any-crude-oil-price-spike-in-fy25-chief-economic-advisor/article67684429.ece “I do not think energy demand will necessarily become sufficient enough in 2024 to see oil prices spike up,” said V Anantha
Direct tax collection set to triple, exceeding ₹19 lakh crore in Modi’s 10-year tenure – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/direct-tax-collection-set-to-triple-exceeding-19-lakh-crore-in-modis-10-year-tenure/article67686120.ece Clipped from: https://www.thehindubusinessline.com/economy/direct-tax-collection-set-to-triple-exceeding-19-lakh-crore-in-modis-10-year-tenure/article67686120.ece The Narendra Modi-led government enhanced the income tax regime, introducing appealing changes such as a raised basic exemption limit, standard deduction inclusion,