https://www.business-standard.com/india-news/cabinet-approves-rs-75-000-crore-solar-rooftop-scheme-for-10-mn-households-124022900801_1.html Clipped from: https://www.business-standard.com/india-news/cabinet-approves-rs-75-000-crore-solar-rooftop-scheme-for-10-mn-households-124022900801_1.html It will provide free electricity of up to 300 units every month to 10 mnhouseholds The Union Cabinet on Thursday approved a
Day: March 2, 2024
Meity issues advisory, asks cos to take permit before launching AI products | India News – Business Standard
https://www.business-standard.com/india-news/meity-asks-intermediaries-ai-platforms-to-follow-it-rules-issues-advisory-124030200492_1.html Clipped from: https://www.business-standard.com/india-news/meity-asks-intermediaries-ai-platforms-to-follow-it-rules-issues-advisory-124030200492_1.html The ministry has also asked platforms to ensure that the biases arising out of their AI models or platforms do not hamper
Google offers compromise solution to restore delisted Indian apps
https://www.business-standard.com/technology/tech-news/google-offers-compromise-solution-to-restore-delisted-indian-apps-124030200794_1.html Clipped from: https://www.business-standard.com/technology/tech-news/google-offers-compromise-solution-to-restore-delisted-indian-apps-124030200794_1.html Play Store to host apps for free without using Google’s payment system The move comes after Google said yesterday that they will
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 Clipped 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
Riding the wave: Manufacturing sector to ignite M&A boom in India in 2024, says Deloitte – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/riding-the-wave-manufacturing-sector-to-ignite-ma-boom-in-india-in-2024-says-deloitte/article67892688.ece Clipped from: https://www.thehindubusinessline.com/economy/riding-the-wave-manufacturing-sector-to-ignite-ma-boom-in-india-in-2024-says-deloitte/article67892688.ece Deloitte’s latest report forecasts India’s deal market stability amidst surging manufacturing investments The momentum of mergers and acquisitions (M&A) in India is
India wants ‘re-examination’ of need to extend e-commerce moratorium at WTO MC13 – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/india-wants-re-examination-of-need-to-extend-e-commerce-moratorium-at-wto-mc13/article67900314.ece Clipped from: https://www.thehindubusinessline.com/economy/india-wants-re-examination-of-need-to-extend-e-commerce-moratorium-at-wto-mc13/article67900314.ece Developing countries have to focus on improving domestic physical, digital infrastructure India stressed on the need for “re-examination’’ of the implications of
Less than 3% of India’s population now living under extreme poverty: World Poverty Clock – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/less-than-3-of-indias-population-now-living-under-extreme-poverty-world-poverty-clock/article67907056.ece Clipped from: https://www.thehindubusinessline.com/economy/less-than-3-of-indias-population-now-living-under-extreme-poverty-world-poverty-clock/article67907056.ece Nearly 3.44 crore people are living in extreme population in 2024 against 4.69 crore in 2022 India has managed to bring down
Tax Query: Tax Liabilities on Sale of Shares – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-tax-liabilities-on-sale-of-shares/article67902749.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-tax-liabilities-on-sale-of-shares/article67902749.ece Given that the sale price is lower than the cost of acquisition, the resulting long term capital loss can be adjusted against
Sam Altman is worth $2 billion—not including his OpenAI stake – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/sam-altman-is-worth-2-billionnot-including-his-openai-stake/article67906870.ece Clipped from: https://www.thehindubusinessline.com/news/sam-altman-is-worth-2-billionnot-including-his-openai-stake/article67906870.ece The 38-year-old is worth at least $2 billion, according to the Bloomberg Billionaires Index, which is valuing his fortune for the first
Why IndusInd Bank is a Good Buy – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/why-indusind-bank-is-a-good-buy/article67906843.ece Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/why-indusind-bank-is-a-good-buy/article67906843.ece With fresh levers of growth in place, scope for rerating appears promising The private sector banking space is going through interesting times.
Formal Agriculture credit: Mirage to reality – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/agri-business/formal-agriculture-credit-mirage-to-reality/article67906567.ece Clipped from: https://www.thehindubusinessline.com/economy/agri-business/formal-agriculture-credit-mirage-to-reality/article67906567.ece Over 40% of agriculture credit is still estimated to be coming from the informal sector A lot has been said and written
Three out of five large economies recorded slow growth, shows data | Economy & Policy Analysis – Business Standard
https://www.business-standard.com/economy/analysis/three-out-of-five-large-economies-recorded-slow-growth-shows-data-124022900682_1.html Clipped from: https://www.business-standard.com/economy/analysis/three-out-of-five-large-economies-recorded-slow-growth-shows-data-124022900682_1.html Some larger economies are doing better than others. The United States (US) and China in particular have shown a stronger growth rate
Decoding GDP numbers: Consumption sluggish, govt capex powers
https://www.business-standard.com/economy/news/consumption-demand-remains-sluggish-govt-capex-powers-investment-growth-124022901276_1.html Clipped from: https://www.business-standard.com/economy/news/consumption-demand-remains-sluggish-govt-capex-powers-investment-growth-124022901276_1.html According to the latest gross domestic product (GDP) data released by the National Statistical Office on Thursday, private final consumption expenditure (PFCE)
Indian economy ticks many boxes in the right way, says CEA Nageswaran | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/pvt-capital-formation-is-a-story-unfolding-as-we-speak-cea-nageswaran-124022901262_1.html Clipped from: https://www.business-standard.com/economy/news/pvt-capital-formation-is-a-story-unfolding-as-we-speak-cea-nageswaran-124022901262_1.html He urges global rating agencies to reassess their estimates of India’s potential growth rate to 7 per cent Chief Economic Advisor V
Japan as number four | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/japan-as-number-four-124030101204_1.html Clipped from: https://www.business-standard.com/opinion/columns/japan-as-number-four-124030101204_1.html If the economy’s fall to number four is not enough to wake Japan up, it will soon fall to number five A
Bring all departments on e-bill platform, Finance Secretary tells pay and accounts officers – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/bring-all-departments-on-e-bill-platform-finance-secretary-tells-pay-and-accounts-officers/article67903650.ece Clipped from: https://www.thehindubusinessline.com/economy/bring-all-departments-on-e-bill-platform-finance-secretary-tells-pay-and-accounts-officers/article67903650.ece Finance Minister Sitharaman lauds Public Financial Management System Finance Minister Nirmala Sitharaman on Friday said that direct benefit transfer (DBT) through the
India’s FY24 GDP growth could be within striking distance of 8%: SBI Ecowrap – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/indias-fy24-gdp-growth-could-be-within-striking-distance-of-8-sbi-ecowrap/article67902823.ece Clipped from: https://www.thehindubusinessline.com/economy/indias-fy24-gdp-growth-could-be-within-striking-distance-of-8-sbi-ecowrap/article67902823.ece India could comfortably grow at 8 per cent in FY25 India’s FY24 GDP growth could be within striking distance of 8 per cent even as
GenAI enhances customer experience at Walmart stores – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/genai-enhances-customer-experience-at-walmart-stores/article67903398.ece Clipped from: https://www.thehindubusinessline.com/info-tech/genai-enhances-customer-experience-at-walmart-stores/article67903398.ece Engineers at Walmart Global Tech’s centres in Chennai and Bengaluru in conjunction with the company’s other global technology centres have worked on
GST mop-up surges 12.5% to ₹1.68-lakh crore on better consumption, compliance – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/gst-mop-up-surges-125-to-168-lakh-crore-on-better-consumption-compliance/article67903906.ece Clipped from: https://www.thehindubusinessline.com/economy/gst-mop-up-surges-125-to-168-lakh-crore-on-better-consumption-compliance/article67903906.ece All major States have shown an impressive increase in GST collections Better consumption, improved compliance and good collection in majority of States
Latest GDP numbers need to be read carefully – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/latest-gdp-numbers-need-to-be-read-carefully/article67903416.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/latest-gdp-numbers-need-to-be-read-carefully/article67903416.ece Third quarter GDP has received a significant helping hand from a 32 per cent jump in net indirect taxes overlaying moderate gross