Clipped from: https://www.business-standard.com/article/economy-policy/centre-rules-out-curbing-wheat-exports-despite-drop-in-output-procurement-122050401084_1.html According to Centre’s assessment, closing stock of wheat in FY23 is expected to be about 8 mn tonnes, higher than 7.5 million tonnes
Author: Anil R Tikotekar
*Stock market may see further corrections, volatility after RBI move | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/stock-market-may-see-further-corrections-volatility-after-rbi-move-122050401164_1.html Money may move out of rate-sensitive stocks into the less-affected sectors Photo: Bloomberg The RBI has decided to tighten money supply and raise
*Policy normalisation is back with RBI making surprise rate hike | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/policy-normalisation-is-back-with-rbi-making-surprise-rate-hike-122050400699_1.html The rate hike was expected in June, but clearly the central bank sees inflation path as being quite ominous to trigger such an
*Quantum, timing of RBI rate hike has surprised the markets: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/quantum-timing-of-rbi-rate-hike-has-surprised-the-markets-analysts-122050400637_1.html RBI announcement saw the markets tumble, with the S&P BSE Sensex slipping over 1,100 points in intraday deals to around 55,800 levels. The
*RBI’s surprise rate hike signals pivot to inflation management completed | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-s-surprise-rate-hike-signals-pivot-to-inflation-management-completed-122050400785_1.html The MPC has focused on preventing inflationary expectations from un-anchoring in an increasingly uncertain environment. Aditi Nayar, principal economist, ICRA In an unexpected
*****Five indicators that RBI dropped the ball on managing inflation | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/five-indicators-that-rbi-dropped-the-ball-on-managing-inflation-7901608/ The sudden decision to raise both the repo rate and CRR was both expected and unexpected. But there is enough to show that
*TReDS: Only 35% companies registered on invoice discounting platform out of nearly 5,000 identified by govt in April 2021 | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-fin-treds-only-35-companies-registered-on-invoice-discounting-platform-out-of-nearly-5000-identified-by-govt-in-april-2021/2513112/ Credit and Finance for MSMEs: Back in 2018, the government, through a notification, had instructed public sector enterprises and all companies with a
*****RBI’s policy rate hike likely to hit housing demand: Realty industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/rbis-policy-rate-hike-likely-to-hit-housing-demand-realty-industry/articleshow/91318800.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis Commenting on the policy, industry body CREDAI’s President Harsh Vardhan Patodia, said, “The low repo rates had given a boost to the
*FD, debt mutual funds cannot cope with high inflation, will destroy savings. The solution lies elsewhere
Clipped from: https://economictimes.indiatimes.com/wealth/invest/fd-debt-mutual-funds-cannot-cope-with-high-inflation-will-destroy-savings-the-solution-lies-elsewhere/articleshow/91199020.cms SynopsisYou need equity in your investment portfolio. For beginners it generally means investing in equity-based mutual funds. This may sound like a dogmatic
*Everything would begin to slow now except for inflation: Maneesh Dangi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/everything-would-begin-to-slow-now-except-for-inflation-maneesh-dangi/articleshow/91315696.cms SECTIONS Everything would begin to slow now except for inflation: Maneesh Dangi Last Updated: May 04, 2022, 06:01 PM IST Synopsis “I have
*‘You can hire talent to do anything but managing people is tough.’ Radhika Gupta’s debut book factors in the 4 Fs, a must-read for all CEOs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/magazines/panache/you-can-hire-talent-to-do-anything-but-managing-people-is-tough-radhika-guptas-debut-book-factors-in-the-4-fs-a-must-read-for-all-ceos/articleshow/91314930.cms SynopsisThe Edelweiss MF CEO feels that rejection is not the end of the road, and it doesn’t hurt to have a plan B.
*****RBI Interest rate hike: What RBI’s surprise rate hike means for market, LIC IPO & more – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/what-rbis-surprise-rate-hike-means-for-market-lic-ipo-more/articleshow/91316100.cms Synopsis The 40 basis point-rate hike in the repo rate, the first rate hike since August 2018, and cash reserve ratio (CRR) by
*****Rbi Rate Hike impact: As RBI hikes rates, I feel a little sorry for the government with the LIC IPO on: Mythili Bhusnurmath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/as-rbi-hikes-rates-feel-a-little-sorry-for-the-government-as-the-lic-ipo-is-on-mythili-bhusnurmath/articleshow/91314878.cms SECTIONS As RBI hikes rates, I feel a little sorry for the government with the LIC IPO on: Mythili Bhusnurmath Last Updated: May
*****Reopening u/s 148 permissible in case of receipt of huge cash deposit vis-à-vis non-filing of ROI
Clipped from: https://taxguru.in/income-tax/reopening-u-s-148-permissible-case-receipt-huge-cash-deposit-vis-a-vis-non-filing-roi.html?utm_source=feedburner&utm_medium=email Vanditbhai Rajendrakumar Patel Vs ITO (ITAT Ahmedabad) Facts- The brief facts of the case were that as per AIR information, the Ld. Assessing Officer
*****Asking employees return to office is triggering ‘Great Resignation’: Randstad India MD & CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/asking-employees-return-to-office-is-triggering-great-resignation-randstad-india-md-ceo-ps-viswanath/article65366559.ece PS Viswanath, MD & CEO, Randstad India Talent prefer to work in their comfort zones at home, says PS Viswanath The IT/ITeS industry
*****Liquidation process regulations: IBBI clears the air on retrospective applicability of certain 2019 changes – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/liquidation-process-regulations-ibbi-clears-the-air-on-retrospective-applicability-of-certain-2019-changes/article65370392.ece Norm on contribution to liquidation costs by financial creditors to apply only for liquidation processes that commenced post July 25, 2019 Insolvency regulator
*****PSBs’ credit growth crowding in credit growth from private sector banks: SBI report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/psbs-credit-growth-crowding-in-credit-growth-from-private-sector-banks-sbi-report/article65375027.ece FY22 ends with incremental credit growth at ₹10.5 lakh crore, 1.8 times higher than FY21 growth Expansion in public sector banks’ (PSBs) credit
*****HDFC Ltd Q4 net profit rises 16.4% as disbursements hit record levels in March – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/hdfc-ltd-q4-net-profit-rises-164-per-cent/article65375241.ece To pay dividend of ₹30 per equity share of face value of ₹2 each The country’s largest mortgage financier HDFC Ltd recorded its
*****Manufacturing PMI rises to 54.7 in April, not much change on job front – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indias-factory-activity-quickens-in-april-amid-high-inflation/article65374954.ece Price pressure also edges up The manufacturing sector started fiscal 2022-23 with a bang. The Purchasing Managers’ Index (PMI) for April rose to
GoM for flat 28% GST on online gaming – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gom-for-flat-28-gst-on-online-gaming/article65375882.ece Suggests same rate for casinos and horse racing, too; members to now deliberate on value for the levy A Group of Ministers has