Clipped from: https://www.businesstoday.in/markets/top-story/story/why-should-rbi-own-dollars-capitalminds-deepak-shenoy-challenges-central-banks-curbs-on-mutual-funds-458874-2024-12-29 Shenoy argued that these restrictions limit India’s financial ecosystem, suggesting that Indian investors and institutions should have more freedom to control foreign assets.
Day: December 29, 2024
Why inflation will matter more in 2025: Explained – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/why-inflation-will-matter-more-in-2025-explained/article69036952.ece What have the Q2 of 2024-25 GDP numbers revealed? How are soaring food prices impacting the situation? Why couldn’t the RBI effect interest
👍👍👍ONDC has seen over 150 million transactions, want to grow share of transactions from small biz: ONDC CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ondc-has-seen-over-150-million-transactions-want-to-grow-share-of-transactions-from-small-biz-ondc-ceo/article69030951.ece We are growing between 10 – 15 per cent every month, says T Koshy, MD & CEO, ONDC The Open Network for Digital Commerce expects
CII bats for personal income tax rate tweaks, excise duty cuts on fuels to boost consumption – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cii-bats-for-personal-income-tax-rate-tweaks-excise-duty-cuts-on-fuels-to-boost-consumption/article69040147.ece Also suggests handing out of consumption vouchers to stimulate demand among low-income households The Confederation of Indian Industry (CII) has urged the government
👍Inadequate cover – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/inadequate-cover/article69039498.ece India needs better measure of insurance penetration The Centre and Insurance Regulatory and Development Authority of India (IRDAI) have been working on blueprints
👍EEPC India proposes faceless GST audit system – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/eepc-india-proposes-faceless-gst-audit-system/article69040758.ece The apex engineering exports promotion body’s proposal comes following the successful implementation of ‘faceless assessment’ by the Income Tax department The Engineering Export
Manmohan Singh: The uncharismatic leader who transformed India’s economy | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/manmohan-singh-the-uncharismatic-leader-who-transformed-india-s-economy-124122800020_1.html Manmohan Singh had no power base or interest in building one, yet his legacy speaks for itself Charisma. The late Manmohan Singh had
High employee attrition of 25% in private banks pose operational risk: RBI | Banking – Business Standard
Clipped from: https://www.business-standard.com/industry/banking/high-employee-attrition-of-25-in-private-banks-pose-operational-risk-rbi-124122900347_1.html Employee attrition rates are high across select private sector banks and small finance banks (SFBs), the report, which was released by the Reserve
CII calls for fuel excise cut, consumption vouchers to boost demand | Budget 2024 News – Business Standard
Clipped from: https://www.business-standard.com/budget/news/cii-calls-for-fuel-excise-cut-consumption-vouchers-to-boost-demand-124122900318_1.html Further, it urged the government to raise the annual payout under the PM-KISAN scheme from Rs 6,000 to Rs 8,000. Assuming 10 crore
1-👍👍👍👍👍👍👍Kerala HC Sets Aside Section 148 Order & Notice, Directs Fresh Order After Considering Petitioner’s Reply & Hearing
Clipped from: https://taxguru.in/income-tax/kerala-hc-sets-section-148-order-notice-directs-fresh-order-petitioners-reply-hearing.html Fathima Abu Vs PCIT (Kerala High Court) In the case of Fathima Abu Vs PCIT, the Kerala High Court set aside the order passed
1-👍👍👍👍👍👍👍Assessee missed notices due to litigation at DRT: ITAT Remands case to CIT(A)
Clipped from: https://taxguru.in/income-tax/assessee-missed-notices-due-litigation-drt-itat-remands-case-cita.html Saiganapath Hotel Pvt. Ltd. Vs ITO (ITAT Bangalore) The Income Tax Appellate Tribunal (ITAT) Bangalore has remitted the appeal filed by Saiganapath Hotel
1-👍👍👍👍👍👍👍ITAT Grants Assessee One More Opportunity Despite Negligence in Responding
Clipped from: https://taxguru.in/income-tax/itat-grants-assessee-opportunity-negligence-responding.html Namtech Electronic Devices Ltd Vs ITO (ITAT Bangalore) In Namtech Electronic Devices Ltd Vs ITO (ITAT Bangalore), the Income Tax Appellate Tribunal (ITAT) addressed
👍👍👍👍👍👍👍Kerala HC Directs Reinstatement of Appeal, Grants Assessee One Week to Cure Defects
Clipped from: https://taxguru.in/income-tax/kerala-hc-directs-reinstatement-appeal-grants-assessee-week-cure-defects.html Arun Vijayan Pillai Vijai Vs Income Tax Officer Income Tax Department (Kerala High Court) In the case of Arun Vijayan Pillai Vijai Vs Income
Trump sides with Musk in debate over foreign workers roiling supporters | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/trump-sides-with-musk-in-debate-over-foreign-workers-roiling-supporters-124122900023_1.html Trump, in an interview with the New York Post on Saturday, praised the use of visas to bring skilled foreign workers to the
A Year of Change in Health Insurance: Amit Chhabra, CBO – General Insurance, Policybazaar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/a-year-of-change-in-health-insurance-amit-chhabra-cbo-general-insurance-policybazaar/article69030210.ece Amit Chhabra of Policybazaar summarises the changes in health insurance in 2024 and the gaps that need to be addressed in the future
ECB likely to delay next rate cut due to recent increase in inflation | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/ecb-likely-to-delay-next-rate-cut-due-to-recent-increase-in-inflation-124122800468_1.html Euro zone annual inflation accelerated in November to 2.2 per cent from 2.0 per cent a month earlier and above the ECB’s 2