https://www.financialexpress.com/opinion/downward-drift/3699395/ RBI, which has been intervening in currency markets to prevent a sharp fall in the rupee, must reassess its stance. Reserve Bank of India
Month: December 2024
👍A middle-class meltdown – Industry News | The Financial Express
Clipped from: https://www.financialexpress.com/business/industry-a-middle-class-meltdown-3699974/ Economic shift, stagnating real income post Covid weighs on spend on daily items. Rural volume growth numbers are likely to show a further
Household liabilities rise to 6.4 per cent of GDP in FY24 – Economy News | The Financial Express
The net financial liabilities of India’s households went up to Rs 18.79 lakh crore in FY24 or 6.4% of GDP, a rise over the previous
👍Rupee depreciation to impact India Inc profits – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/rupee-depreciation-to-impact-india-inc-profits/article69026496.ece The rupee continued to decline for the second straight session, falling 9 paise to settle at a fresh all-time low of 85.20 against
Understanding monetary transmission – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/understanding-monetary-transmission/article69026757.ece The credit route to managing policy transmission has received more emphasis than the deposits route Monetary transmission in simple terms is the mechanism
India’s economy faces slower growth in 2025, macro risks intensify | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/india-s-economy-faces-slower-growth-in-2025-macro-risks-intensify-124122301134_1.html In 2025, macro policies will need to support domestic demand, but without compromising on macrofinancial stability risks The year 2024 can be characterised
AI, capitalism, and ethics: The urgent need for responsible governance
Clipped from: https://www.business-standard.com/opinion/columns/ai-capitalism-and-ethics-the-urgent-need-for-responsible-governance-124122301123_1.html Without human feelings and consciousness, AI, like any technology, is an ethics-free enterprise Artificial intelligence (AI) is rapidly becoming independent of human direction,
Will Budget 2025-26 fulfil promises on fiscal deficit and reforms? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/will-budget-2025-26-fulfil-promises-on-fiscal-deficit-and-reforms-124122401170_1.html The big question is whether the finance minister will revert to the fiscal consolidation timelines or medium-term projections as provided under the Fiscal
👍👍👍Start-up momentum – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/start-up-momentum/article69026736.ece Govt support, private funding spurring entrepreneurs India is undergoing an entrepreneurial boom, ranking among the top three global start-up ecosystems with over 140,000
👍CBDT launches campaign to intimate taxpayers on mismatch in ITR filed and AIS
https://www.thehindu.com/business/Economy/cbdt-launches-campaign-to-intimate-taxpayers-on-mismatch-in-itr-filed-and-ais/article68997390.ece This campaign also targets individuals who have taxable income or significant high-value transactions reported in their AIS but have not filed ITRs for the
👍👍👍👍👍👍👍Capital Gain Exemption under section 54F on Investment in Multiple Units
https://taxguru.in/income-tax/capital-gain-exemption-section-54f-investment-multiple-units.html The Capital Gain Tax provisions under the Income Tax Act are not very comprehensive, often leaving taxpayers uncertain about their application. The lack of
👍👍👍👍👍👍👍Reasons disclosed to assessee for reassessment u/s. 148 cannot be improved subsequently: Delhi HC
https://taxguru.in/income-tax/reasons-disclosed-assessee-reassessment-u-s-148-improved-subsequently-delhi-hc.html Subhash Chander Dabas Vs ACIT (Delhi High Court) Delhi High Court held that validity of reassessment under section 148 of the Income Tax Act
👍👍👍👍👍Vocal on growth, silent on inflation – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/vocal-on-growth-silent-on-inflation/article69022618.ece Presently, the problem facing India’s economy is not the lack of growth; the problem lies in its inequitable distribution across the population, partly
👍👍👍👍👍Unincorporated establishments grew by around 23% in 2023-24, jobs registered 10% rise – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/unincorporated-establishments-grew-by-around-23-in-2023-24-jobs-registered-10-rise/article69023372.ece The total number of establishments in the sector increased to 7.34 crore in 2023-24 as against 6.5 crore in 2022-23 representing a healthy 12.84 per
👍👍👍GST reforms, a work in progress – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/gst-reforms-a-work-in-progress/article69024040.ece While decisions on treatment of health insurance and compensation cess are pending, incremental reforms are in evidence The GST Council, at its latest
👍👍👍👍👍Lending, good and bad – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/lending-good-and-bad/article69023260.ece Ambiguities in unregulated lending Bill, an issue The terms of the draft Bill on unregulated lending, for which public comments are being sought,
👍GST on sale of used and old EVs: The fineprint – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-on-sale-of-used-and-old-evs-the-fineprint/article69023548.ece The GST Council on July 21 recommended bringing sale of old and used electric vehicles (EVs) and smaller petrol and diesel cars on
👍India needs better regulatory oversight for AI, not a new law: Experts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/incoming/india-needs-better-regulatory-oversight-for-ai-not-a-new-law-experts/article69023449.ece ‘Regulatory gap analysis and stakeholder consultations for AI-related policies and advisories needed’ The mammoth beast of AI in India’s tech space may not
👍Amid outrage, govt says caramelised popcorn to stay at 5% GST in theatres | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/amid-cries-caramelised-popcorn-likely-to-remain-at-5-gst-in-theatres-124122401119_1.html Change in sale of old EVs a simplification measure Listen to This Article Amid outrage in the social media over 18 per cent
👍👍👍👍👍India’s consumption slowdown: A temporary dip or deeper concern?
Clipped from: https://www.business-standard.com/opinion/columns/india-s-consumption-slowdown-a-temporary-dip-or-deeper-concern-124122401180_1.html Stagnating wages, derivative losses, and rising debt burdens-India’s consumption story grapples with multiple challenges In recent weeks, a slowdown in private consumption has
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