Month: February 2024
👌Policy interventions that will give MSMEs a boost – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/policy-interventions-needed-to-give-msmes-a-boost/article67895314.ece Clipped from: https://www.thehindubusinessline.com/opinion/policy-interventions-needed-to-give-msmes-a-boost/article67895314.ece Policies that improve access to credit/FDI and foster entrepreneurial ecosystems in smaller cities will give MSMEs a lift MSMEs have emerged as
Guaranteed MSP demand is not without basis – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/guaranteed-msp-demand-is-not-without-basis/article67896691.ece lipped from: https://www.thehindubusinessline.com/opinion/guaranteed-msp-demand-is-not-without-basis/article67896691.ece It will ensure uniformity in returns across crops. And with the uncertainties small farmers face, they deserve a stable income Farmers are
Semi-urban, rural regions comprise 46% MSME loan originations in Q2 FY24 – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/semi-urban-rural-regions-comprise-46-msme-loan-originations-in-q2-fy24/article67896929.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/semi-urban-rural-regions-comprise-46-msme-loan-originations-in-q2-fy24/article67896929.ece “One of the key factors contributing to this expansion is the improvement in credit profiles of MSMEs” as per the quarterly MSME
👌India’s GDP growth poised to soar to 8%, says Barclays Research – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/indias-gdp-growth-poised-to-soar-to-8-says-barclays-research/article67896591.ece Clipped from: https://www.thehindubusinessline.com/economy/indias-gdp-growth-poised-to-soar-to-8-says-barclays-research/article67896591.ece Country on track to surpass China as largest global growth contributor by 2030 India, with the right policy mix, could potentially raise
South Korea’s fertility rate, which is world’s lowest, drops to fresh low | World News – Business Standard
https://www.business-standard.com/world-news/south-korea-s-fertility-rate-which-is-world-s-lowest-drops-to-fresh-low-124022800454_1.html Clipped from: https://www.business-standard.com/world-news/south-korea-s-fertility-rate-which-is-world-s-lowest-drops-to-fresh-low-124022800454_1.html The total number of births in South Korea stood at 230,000 in 2023, a 7.7 per cent decrease and another new low
Paytm, Apollo Micro, IFCI & 373 other stocks freeze at lower circuits | News on Markets – Business Standard
https://www.business-standard.com/markets/news/paytm-apollo-micro-ifci-jubilant-ind-and-372-others-locked-lower-circuit-124022800478_1.html Clipped from: https://www.business-standard.com/markets/news/paytm-apollo-micro-ifci-jubilant-ind-and-372-others-locked-lower-circuit-124022800478_1.html At 01:21 pm; the S&P BSE Midcap index and the S&P BSE Smallcap index were down 1.7% and 2%, respectively, correcting by
👌High demand pushed home prices up 20% in 2023 as compared to 2021: Report | News – Business Standard
https://www.business-standard.com/industry/news/high-demand-pushed-home-prices-up-20-in-2023-as-compared-to-2021-report-124022800443_1.html Clipped from: https://www.business-standard.com/industry/news/high-demand-pushed-home-prices-up-20-in-2023-as-compared-to-2021-report-124022800443_1.html The highest rise in prices was witnessed in Delhi-NCR, followed by Bengaluru and Kolkata Owing to high demand aided by a favourable
Bitcoin rises 39.7% in Feb, heads for biggest monthly gain since Dec 2020 | Cryptocurrency – Business Standard
https://www.business-standard.com/markets/cryptocurrency/bitcoin-rises-39-7-in-feb-heads-for-biggest-monthly-gain-since-dec-2020-124022800691_1.html Clipped from: https://www.business-standard.com/markets/cryptocurrency/bitcoin-rises-39-7-in-feb-heads-for-biggest-monthly-gain-since-dec-2020-124022800691_1.html The bigger bitcoin exchange-traded funds (ETFs), which were listed in the US on January 11, have seen a definite pickup in interest
1-yr dollar/rupee fwd premia hit 11-week low as US rate cut seen delayed | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/premiums-on-one-year-dollar-rupee-forward-contracts-drop-to-11-weeks-low-124022800927_1.html Clipped from: https://www.business-standard.com/economy/news/premiums-on-one-year-dollar-rupee-forward-contracts-drop-to-11-weeks-low-124022800927_1.html RBI likely to take delivery of the dollar-rupee sell buy swap on Mar 11 Representative Picture Listen to This Article Premiums on
👌MSME loan portfolio’s delinquency rate down to two year low of 2.3%: Report | News – Business Standard
https://www.business-standard.com/industry/news/msme-loan-portfolio-s-delinquency-rate-down-to-two-year-low-of-2-3-report-124022800807_1.html Clipped from: https://www.business-standard.com/industry/news/msme-loan-portfolio-s-delinquency-rate-down-to-two-year-low-of-2-3-report-124022800807_1.html The availability of enriched and timely credit data and rapid implementation of digital lending infrastructure has contributed significantly towards enhancing lender confidence,
PC, laptop imports from China surged by 11.3% to $276 million in December | India News – Business Standard
https://www.business-standard.com/india-news/pc-laptop-imports-from-china-surged-by-11-3-to-276-million-in-december-124022800988_1.html Clipped from: https://www.business-standard.com/india-news/pc-laptop-imports-from-china-surged-by-11-3-to-276-million-in-december-124022800988_1.html In December, China’s share increased to 89.4 per cent in total shipments of the items to India compared to 76.4 per cent
RBI conducts two VRRR auctions as money market rates fall below repo rate | Finance News – Business Standard
https://www.business-standard.com/finance/news/rbi-conducts-two-vrrr-auctions-as-money-market-rates-fall-below-repo-rate-124022800995_1.html Clipped from: https://www.business-standard.com/finance/news/rbi-conducts-two-vrrr-auctions-as-money-market-rates-fall-below-repo-rate-124022800995_1.html The RBI received Rs 20,860 crore bids against the notified amount of Rs 50,000 crore at the first auction Photo: Bloomberg Listen
Juice jacking: RBI issues warning against charging mobile phones using public ports – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/juice-jacking-rbi-issues-warning-against-charging-mobile-phones-using-public-ports/article67895091.ece Clipped from: https://www.thehindubusinessline.com/info-tech/juice-jacking-rbi-issues-warning-against-charging-mobile-phones-using-public-ports/article67895091.ece Juice jacking is a form of cyberattack where hackers tamper with public USB charging ports The Reserve Bank of India (RBI) has issued a
👌👌👌👌👌👌👌Service tax demands cannot be imposed solely on ITR/26AS statements: CESTAT Hyderabad
https://taxguru.in/service-tax/service-tax-demands-imposed-solely-itr-26as-statements-cestat-hyderabad.html Clipped from: https://taxguru.in/service-tax/service-tax-demands-imposed-solely-itr-26as-statements-cestat-hyderabad.html Gopi Chenna Vs Commissioner of Central Tax Medchal – GST (CESTAT Hyderabad) Introduction: The CESTAT Hyderabad recently passed a crucial order on two
Typographical or clerical error in e-way bill is not a ground for penalty imposition
https://taxguru.in/goods-and-service-tax/typographical-clerical-error-e-way-bill-ground-imposition-penalty.html Clipped from: https://taxguru.in/goods-and-service-tax/typographical-clerical-error-e-way-bill-ground-imposition-penalty.html Introduction: In a landmark decision, the Allahabad High Court, in the case of Hawkins Cookers Ltd. v. State of UP [Writ Tax No. 739
👌👌👌👌👌👌👌Failure to Respond on SCN due to Missing Receipt of Notice from GST Portal: Delhi HC directs Re Adjudication
Clipped from: https://www.taxscan.in/failure-to-respond-on-scn-due-to-missing-receipt-of-notice-from-gst-portal-delhi-hc-directs-re-adjudication/378126/ The Delhi High Court directed re-adjudication as the failure to respond to Show Cause Notice ( SCN ) was due to a missing
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