Clipped from: https://www.financialexpress.com/business/investing-abroad-us-inflation-rate-rises-in-december-focus-shifts-to-fomc-meeting-now-3716165/?ref=hometop_hp Despite gradual progress in reducing inflation, the Federal Reserve’s 2% target remains elusive. US inflation rate rises in December, focus shifts to FOMC
Day: January 15, 2025
*****CESTAT quashes Service Tax Demand for Belated SCN
Clipped from: https://www.taxscan.in/time-barred-scn-cestat-quashes-service-tax-demand/478578/ Intentional suppression cannot be assumed merely because the appellant operated under self-assessment, disagreed with audit findings, claimed CENVAT credit eligibility, or failed to
RBI takes cautious approach to currency volatility – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rbi-takes-cautious-approach-to-currency-volatility/article69098622.ece While the RBI will intervene as needed to manage fluctuations in the rupee, it will not aggressively defend specific exchange rates The rupee
DPDP.Act – Rules
Data rules raise privacy concerns – https://www.thehindubusinessline.com/opinion/data-rules-raise-privacy-concerns/article69077639.ece, For the best experience read this on BusinessLine App. https://thbl.news/mobileapp
आवश्यक*******Government plans extensive consultations on draft DPDP Rules 2025: Ashwini Vaishnaw – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/government-plans-extensive-consultations-on-draft-dpdp-rules-2025-ashwini-vaishnaw/article69098921.ece This follows the initial meeting where feedback from various sectors, including technology and finance, was gathered. Union Minister Ashwini Vaishnaw on Tuesday said
RBI Governor Malhotra shows willingness for a more flexible rupee | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-governor-malhotra-shows-willingness-for-a-more-flexible-rupee-125011400756_1.html Malhotra showed keen interest in the RBI’s currency intervention functions and expressed no opposition when his team explained the recent movements in the
AI set to reshape 38 mn jobs in India by 2030, boost productivity: EY | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/ai-set-to-reshape-38-mn-jobs-in-india-by-2030-boost-productivity-ey-125011400955_1.html EY’s analysis of over 10,000 tasks across industries highlights varying productivity gains across sectors (Photo: Shutterstock) Listen to This Article Artificial intelligence (AI)
Rupee hits new low of 86.68 per dollar as oil importers boost demand | Finance News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/rupee-hits-new-low-of-86-69-per-dollar-as-oil-importers-boost-demand-125011400994_1.html RBI’s intervention policy unlikely to have changed Market participants noted that the rupee has breached the 86 mark well ahead of market expectations
आवश्यक*******DPDP rules need to be principle-based rather than prescriptive: Vaishnaw | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/dpdp-rules-need-to-be-principle-based-rather-than-prescriptive-vaishnaw-125011401285_1.html Over 200 participants, including key government officials from various ministries, industry leaders, legal experts, and policymakers, discussed the rules Vaishnaw stressed that the
MCA may widen internship scheme, engage states to boost participation | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/mca-may-widen-internship-scheme-engage-states-to-boost-participation-125011301006_1.html Illustration: Binay Sinha Listen to This Article Readying for the roll out of the second tranche of internships under the PM internship programme,
Complex picture: MPC should avoid policy adventurism in uncertain times
Clipped from: https://www.business-standard.com/opinion/editorial/complex-picture-mpc-should-avoid-policy-adventurism-in-uncertain-times-125011401185_1.html The inflation projection of the MPC will need to factor in such possibilities, which will not be easy, given the level of uncertainty