https://www.business-standard.com/economy/news/rbi-governor-asks-bank-ceos-to-maintain-vigil-around-risks-build-up-124021401542_1.html Clipped from: https://www.business-standard.com/economy/news/rbi-governor-asks-bank-ceos-to-maintain-vigil-around-risks-build-up-124021401542_1.html Das also highlighted the issue of high growth in personal loans, which has been an outlier among other categories. He also talked
Day: February 14, 2024
👌Mutual Funds’ Rs 13k cr balm as FPIs bleed out HDFC Bank in January | Mutual Fund – Top Stories – Business Standard
https://www.business-standard.com/markets/mutual-fund/mutual-funds-rs-13k-cr-balm-as-fpis-bleed-out-hdfc-bank-for-two-months-124021401496_1.html Clipped from: https://www.business-standard.com/markets/mutual-fund/mutual-funds-rs-13k-cr-balm-as-fpis-bleed-out-hdfc-bank-for-two-months-124021401496_1.html MFs bought 88.2 million shares in January after selling 53.3 million shares during the November-December period The total corpus deployed is estimated
👌Tractor industry sales likely to dip 5% due to agri activities slowdown | Auto – Business Standard
https://www.business-standard.com/industry/auto/tractor-industry-sales-likely-to-dip-5-due-to-agri-activities-slowdown-124021401650_1.html Clipped from: https://www.business-standard.com/industry/auto/tractor-industry-sales-likely-to-dip-5-due-to-agri-activities-slowdown-124021401650_1.html The market leader in tractors in India, Mahindra and Mahindra, felt that the year would end with around 900,000 units in sales
👌Life insurers propose surrender value on accumulated policy value to Irdai | Insurance – Business Standard
https://www.business-standard.com/finance/insurance/life-insurers-propose-surrender-value-on-accumulated-policy-to-irdai-124021401627_1.html Clipped from: https://www.business-standard.com/finance/insurance/life-insurers-propose-surrender-value-on-accumulated-policy-to-irdai-124021401627_1.html The exposure draft by Irdai in December 2023 outlined the introduction of a defined premium threshold for each product, beyond which no
FSSAI certifes more than 500 hospitals as “Eat Right Campuses” – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/fssai-certifes-more-than-500-hospitals-as-eat-right-campuses/article67844889.ece Clipped from: https://www.thehindubusinessline.com/news/fssai-certifes-more-than-500-hospitals-as-eat-right-campuses/article67844889.ece This is part of the food safety authority’s Eat Right India initiative Hospitals undergo thorough audits to ensure compliance with four key parameters,
👌👌👌Why legal guarantee for MSP will be difficult to implement – The Hindu BusinessLine
https://www.thehindubusinessline.com/data-stories/data-focus/data-focus-why-legal-guarantee-for-msp-will-be-difficult-to-implement/article67845041.ece Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/data-focus-why-legal-guarantee-for-msp-will-be-difficult-to-implement/article67845041.ece Farmers demand legal MSP guarantee amidst low awareness; challenges include procurement, fiscal costs, and market dynamics After nearly two years, farmers from
Takeover of Paytm Payments Bank business likely to be a time-consuming affair – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/takeover-of-paytm-payments-bank-business-likely-to-be-a-time-consuming-affair/article67845748.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/takeover-of-paytm-payments-bank-business-likely-to-be-a-time-consuming-affair/article67845748.ece According to the regulations, banking licence and authorisation for wallet services are not tradable and transferable The takeover process of Paytm Payments
Supply of medicines, drugs, consumables, food to in-patients of a hospital to be composite supply, exempted from GST: KAAR – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/supply-of-medicines-drugs-consumables-food-to-in-patients-of-a-hospital-to-be-composite-supply-exempted-from-gst-kar-aar/article67845516.ece Clipped from: https://www.thehindubusinessline.com/economy/supply-of-medicines-drugs-consumables-food-to-in-patients-of-a-hospital-to-be-composite-supply-exempted-from-gst-kar-aar/article67845516.ece The rate notification does not clarify whether the ‘room charges’ will include charges for food provided to such patient. So, there is
👌Industry bodies urge Centre to postpone implementation of MSME-payment norm – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/industry-bodies-urge-centre-to-postpone-implementation-of-msme-payment-norm/article67845958.ece Clipped from: https://www.thehindubusinessline.com/economy/industry-bodies-urge-centre-to-postpone-implementation-of-msme-payment-norm/article67845958.ece CAIT has appealed to the government to postpone the implementation of this law from April 1, 2024 to April 1, 2025 to
ICAI Issues FAQs for MCA’s Mandatory Audit Trail Norm – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/icai-issues-faqs-for-mcas-mandatory-audit-trail-norm/article67846233.ece Clipped from: https://www.thehindubusinessline.com/economy/icai-issues-faqs-for-mcas-mandatory-audit-trail-norm/article67846233.ece CA Institute comes up with revised implementation guide The CA Institute’s implementation guide clarifies that an auditor is not required to assess
How to boost apparel exports – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/how-to-boost-apparel-exports/article67845027.ece Clipped from: https://www.thehindubusinessline.com/opinion/how-to-boost-apparel-exports/article67845027.ece Identifying lucrative markets, brand building, capacity expansion and diversification will help India’s textile heritage is legendary, dating back to several centuries, and
👌👌👌RBI asks card networks to halt BPSP commercial card transactions – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-asks-card-networks-to-halt-bpsp-commercial-card-transactions/article67846106.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-asks-card-networks-to-halt-bpsp-commercial-card-transactions/article67846106.ece The BPSP facility allows corporate credit card players to enable large payments directly to vendors or merchants’ bank accounts RBI has asked card
👌HDFC Bank hits 52-week low; slips 18% in 1 month wiping out Rs 2.3 trn mcap
https://www.business-standard.com/markets/news/hdfc-bank-hits-52-week-low-slips-18-in-1-month-loses-rs-2-3-trn-m-cap-124021400500_1.html Clipped from: https://www.business-standard.com/markets/news/hdfc-bank-hits-52-week-low-slips-18-in-1-month-loses-rs-2-3-trn-m-cap-124021400500_1.html Shares of HDFC Bank hit a 52-week low of Rs 1,363.45, down 2%, falling below its previous low of Rs 1,382.40 touched
Orissa High Court asks AAAR to revisit GST levy on Go Cool outlets | India News – Business Standard
https://www.business-standard.com/india-news/orissa-hc-asks-aaar-to-have-a-fresh-look-at-gst-case-on-go-cool-outlets-124021401012_1.html Clipped from: https://www.business-standard.com/india-news/orissa-hc-asks-aaar-to-have-a-fresh-look-at-gst-case-on-go-cool-outlets-124021401012_1.html The case relates to a company called Pioneer Bakers, which operates its outlets under the brand name of Go Cool Listen to
Slowing inflation, smaller fiscal deficit will create ground for MPC to start cutting rates: Crisil – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/slowing-inflation-smaller-fiscal-deficit-will-create-ground-for-mpc-to-start-cutting-rates-crisil/article67845016.ece Clipped from: https://www.thehindubusinessline.com/economy/slowing-inflation-smaller-fiscal-deficit-will-create-ground-for-mpc-to-start-cutting-rates-crisil/article67845016.ece ‘More clarity on the path of disinflation could push this decision at least to June 2024, if not later’ Slowing inflation, a
Interim Budget: Govt remains steady in its course and its objectives
https://www.business-standard.com/opinion/columns/interim-budget-govt-remains-steady-in-its-course-and-its-objectives-124020101884_1.html Clipped from: https://www.business-standard.com/opinion/columns/interim-budget-govt-remains-steady-in-its-course-and-its-objectives-124020101884_1.html Another critical point that is not really addressed in the Interim Budget of the finance minister is the fact that private investment
Budget reinforces the vision of a confident, consistent and credible India
https://www.business-standard.com/opinion/columns/budget-reinforces-the-vision-of-a-confident-consistent-and-credible-india-124020101789_1.html Clipped from: https://www.business-standard.com/opinion/columns/budget-reinforces-the-vision-of-a-confident-consistent-and-credible-india-124020101789_1.html The government has exuded confidence that despite an election year, it has stayed committed to enhancing the quality of its spending The
No changes in tax regime: Palkhiwala would have been pleased | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/no-changes-in-tax-regime-palkhiwala-would-have-been-pleased-124020101616_1.html Clipped from: https://www.business-standard.com/opinion/columns/no-changes-in-tax-regime-palkhiwala-would-have-been-pleased-124020101616_1.html His constant lament was that he longed for a budget, which would make zero changes in the Income Tax Act Listen to
Budget reinforces the vision of a confident, consistent and credible India
https://www.business-standard.com/opinion/columns/budget-reinforces-the-vision-of-a-confident-consistent-and-credible-india-124020101789_1.html Clipped from: https://www.business-standard.com/opinion/columns/budget-reinforces-the-vision-of-a-confident-consistent-and-credible-india-124020101789_1.html The government has exuded confidence that despite an election year, it has stayed committed to enhancing the quality of its spending The
Interim Budget 2024-25: Striking a middle path
https://www.business-standard.com/opinion/columns/striking-a-middle-path-124020102029_1.html Clipped from: https://www.business-standard.com/opinion/columns/striking-a-middle-path-124020102029_1.html Such prudence also seems to have influenced the Finance Minister’s fiscal consolidation efforts Independent India has by now witnessed the presentation of