Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/turbulence-ahead-rbi-makes-it-clear-inflation-is-now-the-big-challenge-governments-need-to-gear-up-to-fight-it/ TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
*****Inevitable increase: The Hindu Editorial on RBI’s interest rate hike – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/inevitable-increase-the-hindu-editorial-on-rbis-interest-rate-hike/article65381640.ece The RBI’s increase in interest rates was long overdue The RBI’s increase in interest rates was long overdue The penny has dropped. After
*****The day RBI moved the rates | Deccan Herald
lipped from: https://www.deccanherald.com/opinion/the-day-rbi-moved-the-rates-1106602.html Finance ministry was keen for more accommodation to keep the growth trends going even at the cost of higher inflation, but the numbers
*****US Federal Reserve raises interest rate by half point to contain inflation | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/us-federal-reserve-raises-interest-rate-by-half-point-to-contain-inflation-1106541.html Inflation has become an overriding concern after the world’s largest economy saw annual consumer prices jump 8.5% over the 12 months to March
*****‘Unkindest’ rise in interest rates | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/unkindest-rise-in-interest-rates-1106535.html The unscheduled rate hike is too sudden, too steep, and most ill-timed It is for the first time since August 2018 that the
*****With repo rate hike, RBI has done what’s necessary | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/with-repo-rate-hike-rbi-has-done-whats-necessary-7901835/ It may have surprised the markets, but the move was prudent. More hikes are likely to follow By pledging to remain accommodative to
*****Repo Rate News here; RBI hikes repo rate by 40 bps to 4.40%–Indian Express
Clipped from: https://indianexpress.com/article/business/economy/rbi-governor-shaktikanta-das-live-updates-inflation-7900659/ By hiking the Repo rate and CRR, the RBI is aiming to keep inflation – which is already close to 7 per cent
*****GST’s next step — reforms: Good time to reduce slabs as tax mop-up is on an upswing | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gsts-next-step-reforms-good-time-to-reduce-slabs-as-tax-mop-up-is-on-an-upswing/2510813/ Currently there are four main slabs—5%, 12%, 18% and 28%. One option, reportedly being proposed by the tax authorities, is to merge the
*****Shifting Narratives: Supreme Court weighs down on Sebi’s burden on insider trading | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/shifting-narratives-supreme-court-weighs-down-on-sebis-burden-on-insider-trading/2511882/ The apex court’s decision in the PC Jeweller case limits the scope of application of circumstantial evidence without corroboration As per Sebi, the
*MeitY to train 85,000 engineers on chip design in next 5 years – BusinessToday
Clipped from: https://www.businesstoday.in/technology/news/story/meity-democratising-chip-designing-to-train-over-85000-engineers-in-next-5-yrs-332339-2022-05-04 Ashwini Vaishnaw, Minister for Electronics & Information Technology envisions making available a design talent pool of highly skilled engineers for turning India into
*Tax reassessment: Supreme Court sets aside HC orders, revives show-cause notices | The Financial Express
Clipped from: https://www.financialexpress.com/economy/tax-reassessment-supreme-court-sets-aside-hc-orders-revives-show-cause-notices/2513244/ The SC order would mean that the the change in law can’t be an alibi for taxpayers to escape the proceedings initiated via
*****Arming to change inflation projection – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/arming-to-change-inflation-projection/articleshow/91324656.cms Synopsis The MPC has retained its accommodative stance with India that will be caught in a global slowdown. RBI’s Monetary Policy Committee (MPC) has stepped
*****Will the market understand Shaktikanta Das’ motivations and trust him again? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-will-the-market-understand-shaktikanta-das-motivations-and-trust-him-again/articleshow/91325002.cms Synopsis So, what changed? A congeries of thoughts linked to the economy as well as political economy could have prodded him to take
*****More rate actions likely as price pressure may sustain over 6%, say economists – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/more-rate-actions-likely-as-price-pressure-may-sustain-over-6-say-economists/articleshow/91316778.cms Synopsis Some economists are now anticipating more rate rises in the year as price pressure may sustain above the Reserve Bank of India’s
*Fed hikes rates half point, will shrink assets to curb inflation – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/stocks/news/fed-hikes-rates-half-point-will-shrink-assets-to-curb-inflation/articleshow/91324995.cms Synopsis It will begin allowing its holdings of Treasuries and mortgage-backed securities to decline in June at an initial combined monthly pace of
*Food secretary: Govt’s wheat purchases set to halve; no plans to curb exports: Food secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/govts-wheat-purchases-set-to-halve-no-plans-to-curb-exports-food-secretary/articleshow/91321896.cms Synopsis Addressing a press conference, food secretary Sudhanshu Pandey said: “We don’t see a case for any control on exports. ….Wheat exports are
*****Tax reassessment notices issued from April ’21 upheld by SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/tax-reassessment-notices-issued-from-april-21-upheld-by-sc/articleshow/91329762.cms Synopsis In the budget for FY22, the government had reduced this reopening period to three years with effect from April 1, 2021, to
*****MPC communication loses lustre. Is a 75 bps hike next? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mpc-communication-loses-lustre-is-a-75-bps-hike-next/articleshow/91325963.cms Synopsis An interest rate increase per se wouldn’t have been shocking given the price pressures that have been building up and the actions
*****Supreme Court holds income tax re-assessment order issued under Section 148 as valid – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/supreme-court-holds-income-tax-re-assessment-order-issued-under-section-148-as-valid/article65380963.ece Earlier, the Allahabad, Delhi and Rajasthan High Courts had quashed the notices The Supreme Court on Wednesday ruled in favour of the Income
*****High growth sectors not getting adequate credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/high-growth-sectors-not-getting-adequate-credit/article65381375.ece Focus still on home loans | Photo Credit: Zephyr18 Also, the pricing of banks loans reveals a few kinks with regard to both
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