Clipped from: https://www.business-standard.com/budget/news/capex-should-be-ramped-up-by-25-over-be-cii-president-sanjiv-puri-125010800949_1.html CII President Sanjiv Puri said that exports are facing headwinds while suggesting measures such as minimum import and anti-dumping duty Sanjiv Puri, President
Month: January 2025
CII suggests 10-point agenda on ease of biz reforms ahead of Budget | Budget 2024 News – Business Standard
Clipped from: https://www.business-standard.com/budget/news/cii-suggests-10-point-agenda-on-ease-of-biz-reforms-ahead-of-budget-125011200369_1.html It has also pitched for expediting the process of dispute resolution by improving the capacity of courts and placing greater reliance on alternative
Widening net: New US sanctions to affect supply of Russian energy
Clipped from: https://www.business-standard.com/opinion/editorial/widening-net-new-us-sanctions-to-affect-supply-of-russian-energy-125011200718_1.html Two large producers and exporters have been brought into the sanctions net: Surgutneftegas and Gazprom Neft Representative Picture Listen to This Article In
Threat or opportunity: India needs to be prepared for AI-driven changes | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/threat-or-opportunity-india-needs-to-be-prepared-for-ai-driven-changes-125011200723_1.html A recent study by Bloomberg Intelligence indicates that jobs in banking and finance are among the most vulnerable to AI induction Listen to
US sanctions on Russian oil supply chain pose challenge for Indian refiners
Clipped from: https://www.business-standard.com/economy/news/us-sanctions-on-russian-oil-supply-chain-pose-challenge-for-indian-refiners-125011200753_1.html India’s slowing economy is most exposed to the latest bans because refiners must pay much more to purchase alternative crudes from West Asia
CP, CD rates harden amid tight liquidity conditions in the market | News on Markets – Business Standard
Clipped from: https://www.business-standard.com/markets/news/cp-cd-rates-harden-amid-tight-liquidity-conditions-125011200422_1.html Certificate of Deposit rates increased by 20-30 basis points across tenures during the same period Over the past two months, RBI has been
Trump 2.0 era: Govt asks industries to identify import prospects from US
Clipped from: https://www.business-standard.com/economy/news/trump-2-0-era-govt-asks-industries-to-identify-import-prospects-from-us-125011200282_1.html Major economies closely following Trump’s moves Illustration: Ajaya Mohanty Listen to This Article India is prodding industry to identify the challenges and opportunities
Unnecessary confusion on continuation of Rodtep scheme for exporters
Clipped from: https://www.business-standard.com/opinion/columns/unnecessary-confusion-on-continuation-of-rodtep-scheme-for-exporters-125011200774_1.html The Rodtep scheme seeks to refund the duties/taxes/levies, at the Central, State and local level, borne on the exported product, including prior stage
January 2025 US visa bulletin released: Key changes for EB-2, EB-3 and EB-5 categories – BusinessToday
Clipped from: https://www.businesstoday.in/nri/visa/story/january-2025-us-visa-bulletin-released-key-changes-for-eb-2-eb-3-and-eb-5-categories-460499-2025-01-12 The January 2025 Visa Bulletin highlights important updates for EB-5 investors, particularly signaling the potential for visa backlogs in the Rural and High-Unemployment
‘Anyone from GOI to protect us?’: Senior citizen questions 90% health insurance hike – BusinessToday
Business Today Desk ‘Anyone from GOI to protect us?’: Senior citizen questions 90% health insurance hike – BusinessToday Clipped from: https://www.businesstoday.in/union-budget/story/anyone-from-goi-to-protect-us-senior-citizen-questions-90-health-insurance-hike-460475-2025-01-12 Matta’s plight mirrors the growing
Parental consent must for children to open social media account: Centre in draft rules for Data Protection – India Today
Clipped from: https://www.indiatoday.in/india/story/centre-in-draft-rules-for-data-protection-parental-consent-must-for-children-to-open-social-media-account-2659474-2025-01-03?utm_source=global-search&utm_medium=global-search&utm_campaign=global-search As per the draft rules, companies will need government permission to transfer personal data outside India and children below 18 years will require
Severe tax penalties on these cash transactions; check I-T dept’s latest note – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/severe-tax-penalties-on-these-cash-transactions-check-i-t-depts-latest-note-on-restrictions-460194-2025-01-09 The Income Tax department has issued a notification stating that the Income Tax Act discourages cash transactions and will not allow certain deductions,
Cybercrime kingpins exploit social media to recruit local accomplices: Probe
lipped from: https://www.deccanherald.com/india/karnataka/bengaluru/cybercrime-kingpins-exploit-social-media-to-recruit-local-accomplices-probe-3351345 Representative image indicating cybercrime Credit: iStock Photo Bengaluru: Cybercrime syndicates in foreign countries are exploiting social media platforms and messenger applications to recruit accomplices in
Brazil issues 72-hr deadline to Meta over content fact-checking practices | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/brazil-issues-72-hr-deadline-to-meta-over-content-fact-checking-practices-125011100055_1.html Attorney General’s Office in Brazil gave Meta, which owns Facebook, Instagram, and WhatsApp, 72 hours to explain its decision to discontinue its data
Wife can get maintenance even if she doesn’t abide by cohabit decree: SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/wife-can-get-maintenance-even-if-she-doesn-t-abide-by-cohabit-decree-sc-125011100606_1.html The high court ruled that the wife was not entitled to maintenance. Aggrieved by the order, the wife challenged the order before the
KredX becomes 5th operator of RBI’s TReDS after RXIL, M1xchange, Invoicemart, C2treds – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-kredx-becomes-5th-operator-of-rbis-treds-after-rxil-m1xchange-invoicemart-c2treds-3711175/ The company on Thursday said it has received the final approval from the central bank to commercially launch its invoice discounting solution under
SBI Chairman pitches for dedicated institutions to track end-use of funds raised by small businesses – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-sbi-chairman-pitches-for-dedicated-institutions-to-track-end-use-of-funds-raised-by-small-businesses-3712062/ A “viable mechanism” is needed to ensure that the funds are used for the intended purposes, Setty said in remarks which come amid
The cost of overwork: How corporate culture is stifling innovation – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-cost-of-overwork-how-corporate-culture-is-stifling-innovation/3712357/ It’s nobody’s case that hard work isn’t necessary but no CEO can expect crazy working hours to be the norm. Even the highest
US likely to impose severe sanctions on Russian oil, global markets brace for impact – World News | The Financial Express
Clipped from: https://www.financialexpress.com/world-news/us-likely-to-impose-severe-sanctions-on-russian-oil-global-markets-brace-for-impact/3712296/ The sanctions, in response to Russia’s ongoing war in Ukraine, could severely disrupt Moscow’s oil exports to major buyers India and China. The
Liquidity management may take priority over rate cuts in February MPC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/liquidity-management-may-take-priority-over-rate-cuts-in-february-mpc/article69084118.ece With liquidity being tight, some foreign banks see the RBI opting for a liquidity fix instead of easing in the February MPC Foreign