Clipped from: https://www.thehindubusinessline.com/money-and-banking/banking-system-faces-huge-liquidity-deficit/article69085755.ece RBI conducts VRR auctions on Friday to inject liquidity The banking system is facing a huge liquidity deficit, which at the last count
Month: January 2025
*******Course correction – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/course-correction/article69085267.ece Decline in market turnover, a good sign Recent data on trading volumes in the equity cash and derivatives segment of the stock market
*******Amplifying misinformation: Meta’s decision will harm public interest | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/amplifying-misinformation-meta-s-decision-will-harm-public-interest-125010901365_1.html Fact checking was initiated after the 2016 US elections and the Brexit referendum, which were both influenced by rampant disinformation on Facebook The
GST notices worth Rs 1.12 trillion on online gaming companies stayed | India News – Business Standard
lipped from: https://www.business-standard.com/india-news/sc-halts-rs-1-12-trn-gst-notices-offering-relief-to-online-gaming-sector-125011000542_1.html The Supreme Court on Friday stayed show-cause notices on goods and services tax (GST) against online gaming companies, stating that further proceedings under
Record SIP closures in Dec amid market volatility; inflows stay strong | Mutual Fund – Top Stories – Business Standard
Clipped from: https://www.business-standard.com/markets/mutual-fund/sip-account-closures-surge-to-record-high-in-december-shows-data-125011001051_1.html Investors open 5.4 million accounts, close 4.5 million last month Investors are shutting down mutual fund (MF) SIP accounts at a record pace
SBI chief C S Setty calls for common mechanism to track SME fund usage | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/sbi-proposes-common-mechanism-to-track-sme-fund-usage-for-better-pricing-125011000716_1.html In recent years, fintech and banks have started to dig for credit information from publicly available data and use analytics to create a
Removing fact-checks on social media risks losing a vital harm filter
Clipped from: https://www.business-standard.com/opinion/columns/removing-fact-checks-on-social-media-risks-losing-a-vital-harm-filter-125011001329_1.html Free speech shouldn’t be curtailed merely for conveying misinformation or expressing unpalatable or hateful opinions. It should be limited only when it has
Bankers ask RBI for durable liquidity as deficit mounts to Rs 2 trillion
lipped from: https://www.business-standard.com/industry/banking/bankers-ask-rbi-for-durable-liquidity-as-deficit-mounts-to-rs-2-trillion-125011001118_1.html Economists are of the opinion that given the prevailing liquidity conditions, the RBI should prioritise liquidity management over rate cuts Amid funds in
*National Cyber Security Coordinator urges increased investment in cybersecurity for India’s digital infrastructure to protect against cyber threats – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/corporate-investment-in-cybersecurity-remains-minimal-national-cyber-security-coordinator/article69081017.ece Urging industry leaders to step up investment in cybersecurity, Nair called for a fundamental shift in corporate governance New Delhi Despite having one
Congress demands GST 2.0, calls for Overhaul of ‘failed’ indirect tax system – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/congress-demands-gst-20-calls-for-overhaul-of-failed-indirect-tax-system/article69081189.ece Slams Government for Exploitative GST System; calls for a simpler GST structure, end to ‘Tax Terrorism’ Congress Party on Thursday intensified its criticism of
*New credit guarantee scheme for MSMEs soon, says DFS Secretary Nagaraju – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/new-credit-guarantee-scheme-for-msmes-soon-says-dfs-secretary-nagaraju/article69081476.ece Govt likely to soon implement budget announcement on MSMEs; Centre keen to further ramp up rural credit The government will soon launch a
*Is spam being reined in? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-spam-being-reined-in/article69081779.ece While unsolicited commercial calls over telecom networks are falling, those over unregulated OTT platforms need to be addressed Unsolicited commercial communication (UCC), often
*Middle class’ tax rates must be rationalised – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/middle-class-tax-rates-must-be-rationalised/article69081018.ece The burden of paying taxes, direct and indirect, cannot rest on the middle class alone There can be no argument against giving a
*Interest coverage ratio of unlisted cos at 30-year high, shows data
Clipped from: https://www.business-standard.com/companies/news/interest-coverage-ratio-of-unlisted-cos-at-30-year-high-shows-data-125010901165_1.html Uptick in FY24 mirrors similar trend in the listed space. The second of a 3-part series on unlisted firms’ financials looks at their
*TCS headcount down by over 5K; attrition rose 13%, promoted 25K in Q3 | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/tcs-headcount-down-by-over-5-000-in-q3-attrition-within-comfort-zone-125010901249_1.html TCS, Tata Consultancy Services Listen to This Article After two consecutive quarters of headcount growth, Tata Consultancy Services (TCS) on Thursday reported a
*******Budgeting in the time of Trump: Balancing growth, jobs, and governance | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/budgeting-in-the-time-of-trump-balancing-growth-jobs-and-governance-125010901346_1.html The government must focus on improving governance and performance at PSUs and public sector banks (PSBs) Illustration: Binay Sinha Listen to This Article
*Recovery agents are in demand as banks’ unsecured loan stress rises | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/recovery-agents-are-in-demand-as-banks-unsecured-loan-stress-rises-125010901107_1.html In July 2024, the total strength of outsourced staff in the BFSI (banking, financial services, and insurance) space was 77,000, out of which
*E-way bills in December at second highest level in two years, shows data | News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/e-way-bills-in-december-at-second-highest-level-in-two-years-shows-data-125010901252_1.html E-way bills are mandatory for the movement of consignments worth more than Rs 50,000 and are, therefore, an early indicator of demand and
*How long can you stare at your wife?’: L&T Chairman’s reason to work 90 hours a week sparks criticism
Clipped from: https://www.deccanherald.com/india/how-long-can-you-stare-at-your-wife-lt-chairmans-reason-to-work-90-hours-a-week-sparks-criticism-3348094 Larsen & Toubro’s chairman S N Subrahmanyan Credit: L&T website Adding fuel to the much-debated issue of work-life balance in the Indian corporate