Clipped from: https://www.business-standard.com/health/budget-experts-push-for-higher-health-edu-fund-duty-cuts-on-cancer-care-124123000868_1.html A key demand discussed in the meeting was the reduction of customs duty and other levies on the import of radiation machines used
Day: December 31, 2024
Private banks masking worsening retail asset quality with write-offs: RBI | Banking – Business Standard
Clipped from: https://www.business-standard.com/industry/banking/private-banks-masking-worsening-retail-asset-quality-with-write-offs-rbi-124123000916_1.html The GNPA ratio for unsecured lending was marginally higher, at 1.7 per cent While the banking system’s overall asset quality continues to improve,
RBI flags risk to secured loans from slippages in smaller personal loans | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/rbi-flags-risk-to-secured-loans-from-slippages-in-smaller-personal-loans-124123000827_1.html The RBI noted that first defaults are predominantly observed in unsecured advances The increase in household debt is primarily driven by a growing
NBFCs’ loan growth moderates significantly to 6.5% in H1FY24: RBI report | Banking – Business Standard
Clipped from: https://www.business-standard.com/industry/banking/nbfcs-loan-growth-moderates-significantly-to-6-5-in-h1fy24-rbi-report-124123000936_1.html The corporate bond market remains a significant funding avenue for NBFCs, which are the largest issuers of bonds, with private placement being the
Confidence is high, outlook is bright: RBI Guv Malhotra on economy | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/indian-economy-prospects-expected-to-improve-says-rbi-guv-sanjay-malhotra-124123000585_1.html But stress tests show GNPA ratio of banks may rise under baseline scenario This marks Malhotra’s first commentary on the economy since taking
Stress in microfinance sector doubles in April to September period: RBI | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/stress-in-microfinance-sector-doubles-in-april-to-september-period-rbi-124123000923_1.html Earlier, the RBI had warned that some NBFCs, including MFIs, were adopting a “growth-at-any-cost” approach and cautioned that regulatory action would be taken
Crypto assets can negatively impact financial stability, says RBI report | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/crypto-stablecoins-can-impact-macroeconomic-financial-stability-rbi-124123000845_1.html The banking regulator emphasised the potential consequences of the widespread adoption of crypto-assets and stablecoins on an economy In India, homegrown crypto majors
Rupee set to extend recovery on RBI-motivated dollar-long liquidation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rupee-set-to-extend-recovery-on-rbi-motivated-dollar-long-liquidation/article69041965.ece The RBI has been intervening to slow the pace of rupee’s decline, although its dollar sales have been a big factor in driving
Weak Rupee makes Indian stocks a tough sell – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/weak-rupee-makes-indian-stocks-a-tough-sell/article69042003.ece The rupee’s continued slide to record lows is making Indian shares less appealing to foreign investors in the near term It looks like
Over three years, health insurance claims rise 30% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/over-three-years-health-insurance-claims-rise-30/article69042035.ece The most common conditions leading to claims include fever (seasonal diseases), gastritis, heart disease, diabetes and cancer; the share of claims of younger
DFS, GIC and LIC pitches for GST rate rejig on insurance premia but with ITC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/dfs-gic-and-lic-pitches-for-gst-rate-rejig-on-insurance-premia-but-with-itc/article69042122.ece Input Tax Credit (ITC) helps insurance companies lower their cash outgo for tax payment, which in turn helps the balance sheet As the
👍👍👍👍👍Health insurance and the fragile fabric of trust – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/pulse/health-insurance-and-the-fragile-fabric-of-trust/article69042374.ece There is an urgent need to address systemic flaws within health insurance ecosystems globally The murder of Brian Thompson, CEO of United Healthcare, is
👍👍👍👍👍LTCG Exemptions Under New Tax Regime – The Hindu BusinessLine
taxtalk@thehindu.co.in Tax Query: LTCG Exemptions Under New Tax Regime – The Hindu BusinessLine Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-ltcg-exemptions-under-new-tax-regime/article69018977.ece Under both tax regimes, Section 112A exempts LTCG up to
Manmohan Singh’s five budgets that reshaped Indian economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/visually/manmohan-singhs-five-budgets-that-reshaped-indian-economy/article69042936.ece Updated – December 30, 2024 at 03:40 PM. By Shishir Sinha Comments Related Topics
Russia seeks a range of imports from India including engineering appliances – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/russia-seeks-a-range-of-imports-from-india-including-medical-devices-aircraft-tyres-engineering-appliances/article69043135.ece Experts see an opportunity to bridge trade deficit Russia is seeking a range of imports from Indian exporters covering a wide range of
US may slip into recession on rising debt, says smallcase study – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/us-may-slip-into-recession-on-rising-debt-says-smallcase-study/article69043359.ece The study also highlights the US debt-to-GDP ratio climbing to a record 124%, with over $1 trillion spent on public debt interest in
Private bank write-offs emerging as area of concerns: FSR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/private-bank-write-offs-emerging-as-area-of-concerns-fsr/article69043487.ece Stress tests show few NBFCs failing to meet minimum regulatory requirements, even under the baseline stress scenario The sharp rise in write-offs, especially
Placing order for salty popcorn along with movie ticket online may result in 12-18% GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/placing-order-for-salty-popcorn-along-with-online-movie-ticket-may-result-in-12-18-gst/article69043339.ece GST Council clarified that ready-to-eat popcorn, mixed with salt and spices, will attract 5 per cent GST, if it is sold pre packaged
Exporters hold breath as govt delays decision on interest equalisation scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/exporters-hold-breath-as-govt-delays-decision-on-interest-equalisation-scheme/article69043923.ece Commerce Department, export bodies underline the need for continued access to cheap credit in highly competitive global market A delay in the government’s
Pre-Budget parley: Industry pushes personal income tax cuts, fuel price relief and MSME support – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pre-budget-parley-industry-pushes-personal-income-tax-cuts-fuel-price-relief-and-msme-support/article69044001.ece Finance Minister Nirmala Sitharaman meets captains of Indian industry Corporate India on Monday urged Finance Minister Nirmala Sitharaman to use the upcoming Budget