Clipped from: https://www.business-standard.com/finance/news/rbi-sets-up-8-member-panel-to-develop-framework-for-ethical-use-of-ai-124122600606_1.html The committee will recommend a framework including governance aspects for responsible, ethical adoption of AI models / applications in the Indian financial sector
Day: December 27, 2024
GST reforms: A roadmap to rationalisation, revenue, and regime evolution | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/gst-reforms-a-roadmap-to-rationalisation-revenue-and-regime-evolution-124122601069_1.html From rate rationalisation to cess management and expanding the GST base, India’s evolving tax regime faces critical design and compliance challenges requiring balanced
👍👍👍👍👍Growth in informal enterprises signals job creation but raises concerns | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/growth-in-informal-enterprises-signals-job-creation-but-raises-concerns-124122601088_1.html ASUSE data shows a rise in unincorporated sector jobs, but reliance on own account enterprises sparks questions about economic health and formal sector
👍👍👍Migration slowdown reveals shifting patterns, rising suburban growth | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/migration-slowdown-reveals-shifting-patterns-rising-suburban-growth-124122601099_1.html EAC-PM study highlights reduced migration to metros, rise of counter-magnet cities, and calls for balanced urbanisation with jobs closer to rural and suburban
Genesis: A thought-provoking guide to balancing AI’s promise and perils
Clipped from: https://www.business-standard.com/book/ai-as-a-humane-force-124122601111_1.html Henry Kissinger, Eric Schmidt, and Craig Mundie unveil a roadmap to balance AI’s transformative potential with safeguards for a sustainable, human-centred future Genesis:
NBFCs must further lower reliance on bank borrowings, RBI report says – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/nbfcs-must-further-lower-reliance-on-bank-borrowings-rbi-report-says/article69029496.ece NBFCs must be vigilant about the rise in the shares of SMA-0 and SMA-1 accounts in FY24 Even as the dependence of non-banking
👍Broker’s call: L&T (Buy) – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-lt-buy/article69029694.ece Mirae Asset Sharekhan Target: ₹4,550 CMP: ₹3628.25 Larsen & Toubro by virtue of its leadership and diversified offerings in the EPC domain would
Bank frauds more than double to 36,066 in FY24 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bank-frauds-more-than-double-to-36066-in-fy24/article69029836.ece While private lenders reported the maximum number of frauds, PSBs suffered more in terms of amount. Banks have reported 36,066 number of frauds
👍IT Industry sees slow recovery amid global uncertainties: Nasscom – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/it-industry-sees-slow-recovery-amid-global-uncertainties-nasscom/article69029293.ece Sangeeta Gupta, Senior Vice-President and Chief Strategy Officer of Nasscom, says the IT industry is on the path to recovery and growth. In an
Sweet and sour GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/sweet-and-sour-gst/article69030018.ece In its current form, it is neither simple nor single Finance Minister Nirmala Sitharaman’s clarification on why salted popcorn is taxed at 12
Half hearted reforms in arbitration process – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/half-hearted-reforms-in-arbitration-process/article69030038.ece Despite the proposal to amend the 2015 Act, the govt remains lukewarm to push arbitration The Centre, on November 8, proposed amending the
Time to boost demand drivers of growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/time-to-boost-demand-drivers-of-growth/article69030052.ece Increased allocations towards PM-KISAN and MGNREGA in the upcoming Budget can spur growth Amidst global uncertainties, the Indian economy has demonstrated remarkable resilience,
Let’s not be prejudiced about microfinance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/lets-not-be-prejudiced-about-microfinance/article69030254.ece They are the lifeblood of the informal economy. Right regulation, and not over-regulation is the answer Intelligentsia has been perceiving micro finance institutions
RBI may tighten criteria for top-up loans to mitigate risks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-may-tighten-criteria-for-top-up-loans-to-mitigate-risks/article69030206.ece Central bank mulls expanding the scope of regulations pertaining to “foreclosure charges/ pre-payment penalties on loans” to small enterprises After tightening the criteria