Clipped from: https://www.business-standard.com/world-news/us-economy-grows-at-2-8-in-q3-on-consumer-spending-exports-surge-124112701082_1.html The Commerce Department reported that growth in US gross domestic product the economy’s output of goods and services slowed from the April-July rate
Month: November 2024
👌👌👌PM Modi on digital Arrest in India: Rs 11,333 crore lost in cyber frauds till Sep, PM warns of ‘digital arrest’ | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/rs-11-333-crore-lost-in-cyber-frauds-till-sep-pm-warns-of-digital-arrest-124112700589_1.html Stock trading scams emerged as the biggest culprit, with 228,094 complaints filed, incurring losses of Rs 4,636 crore (Photo: Shutterstock) India incurred losses
👌👌👌Govt blocks 669K SIM cards, 132K IMEIs to curb cybercrimes, Centre tells RS | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/govt-blocks-669k-sim-cards-132k-imeis-to-curb-cybercrimes-centre-tells-rs-124112701164_1.html Directions have been issued to the TSPs for blocking of such incoming international spoofed calls The citizen financial cyber fraud reporting and management
RBI may look at OMOs to infuse durable liquidity, say market experts | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-may-look-at-omos-to-infuse-durable-liquidity-say-market-experts-124112701074_1.html Government cash balance turns negative; Fx market remains volatile As the liquidity deficit in banking widens, the Reserve Bank of India (RBI) may
👌👌👌👌👌👌👌Retrospective Amendment to ITC Eligibility: Insertion of Sections 16(5) & 16(6) of CGST Act 2017
Clipped from: https://taxguru.in/goods-and-service-tax/retrospective-amendment-itc-eligibility-insertion-section-16-5-16-6-cgst-act-2017.html Ganapathi Pandi Industries Vs Assistant Commissioner (State Tax) (FAC) (Madras High Court) Retrospective Amendment to ITC eligibility – Insertion of Section 16(5) &
👌👌👌👌👌👌👌PAN 2.0: Upgraded e-PAN will be issued to you free of cost on your email id; check more details – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/pan-20-upgraded-e-pan-will-be-issued-to-you-free-of-cost-on-your-email-id-check-more-details-455257-2024-11-27 PAN 2.0 is an e-governance project designed to modernise the taxpayer registration process through technology. Under the PAN 2.0 Project, the updated card
👌👌👌India’s economy: Extended tight monetary policy may curb growth further
Clipped from: https://www.business-standard.com/opinion/columns/india-s-economy-extended-tight-monetary-policy-may-curb-growth-further-124112601305_1.html The forward-looking policy bias might create room to lower rates in early 2025 Listen to This Article India witnessed three years of heady
Indians see wallets drain by Rs 485 crore in ‘UPI scams’ in FY25
Clipped from: https://www.business-standard.com/economy/news/indians-see-wallets-drained-by-rs-485-cr-in-upi-scams-124112601339_1.html Over 600,000 incidents of fraud have been reported in the ongoing financial year till September (Photo: Shutterstock) Indians have lost Rs 485 crore
PAN 2.0: Common business identifier and robust system for taxpayers | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/report-card-of-pan-as-its-new-avatar-set-to-arrive-124112601262_1.html As many as 98 per cent of PAN holders are individuals, with male holders still outnumbering female holders. However, the gender gap is
MSME delayed payments: 45-day payment rule endorsed by MSME associations as beneficial, says FinMin – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-msme-delayed-payments-45-day-payment-rule-endorsed-by-msme-associations-as-beneficial-says-finmin-3677611/ In April this year, a new clause (h) was inserted in Section 43B of the Income-tax Act 1961 to provide that any amount
👌👌👌👌👌Mediation for operational creditors to cut NCLT burden: MCA – Industry News | The Financial Express
Clipped from: https://www.financialexpress.com/business/industry-mediation-for-operational-creditors-to-cut-nclt-burden-mca-3677835/ Earlier this year, an expert committee under IBBI had recommended a voluntary mediation process for OCs; and the proposed provisions are based on
👌US Fed November 6-7 FOMC meeting minutes releasing today – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-minutes-of-the-us-fed-fomc-meeting-held-on-november-6-7-to-be-made-public-today-3677702/ Before the elections, markets expected the US Federal Reserve to continue its aggressive rate-cutting campaign. The rates were cut by 50 basis points
👌👌👌Credit focus to be strengthened, PSBs to launch new products: Govt – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance-credit-focus-to-be-strengthened-psbs-to-launch-new-products-govt-3677875/?ref=hometop_hp The government has taken several steps in the latest budget including a new credit assessment model for MSMEs based on digital footprints and
Hotels are seeing a growth on a month-on-month basis and expect a full recovery in the segment by next March-end – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/hotel-chains-see-surge-in-foreign-guests-expect-full-recovery-by-march-end/article68914653.ece Hotel chains are witnessing an increase in the number of foreign tourists, with a steady rise in inbound tourism. While foreign tourist arrivals
👌Credit-deposit growth gap narrows to 90 bps in September – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-deposit-growth-gapnarrows-to-90-bps-in-september/article68915139.ece The gap between credit and deposit growth in the banking system narrowed in September to 90 basis points from 330 basis points in
Trump threatens tariff war on Canada, Mexico, China: Should India be wary? | External Affairs Defence Security News – Business Standard
Clipped from: https://www.business-standard.com/external-affairs-defence-security/news/trump-threatens-tariff-war-on-canada-mexico-china-should-india-be-wary-124112600669_1.html President-elect Trump’s tariff threats against Canada, Mexico, and China have unsettled global markets, raising questions about how these moves might impact India’s trade
👌👌👌Worrying trend of criminalising long, consensual ties after break-up: SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/criminalising-long-term-consensual-relations-upon-turning-sour-worrying-sc-124112601042_1.html The apex court observed if criminality was to be attached to such prolonged physical relationship at a very belated stage, it could lead
👌👌👌Worrying trend of criminalising long, consensual ties after break-up: SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/criminalising-long-term-consensual-relations-upon-turning-sour-worrying-sc-124112601042_1.html The apex court observed if criminality was to be attached to such prolonged physical relationship at a very belated stage, it could lead
👌👌👌10 mn digital life certificates generated by pensioners: Jitendra Singh | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/10-mn-digital-life-certificates-generated-by-pensioners-jitendra-singh-124112601297_1.html The minister had earlier this month launched the nation-wide digital life certificate campaign 3.0 for digital empowerment of pensioners Singh said this achievement
Well placed to handle global shocks, says RBI governor Shaktikanta Das | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/well-placed-to-handle-global-shocks-says-rbi-governor-shaktikanta-das-124112601238_1.html Trump has announced imposing tariffs on China, Mexico, and Canada. India has been absent from Trump’s tariff plan till now Governor of the
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