Clipped from: https://www.thehindubusinessline.com/economy/india-is-on-course-to-becoming-among-the-fastest-growing-economies-of-the-world-rbi-dg-patra/article64943047.ece RBI Deputy Governor Michael Debabrata Patra noted that the impact of second wave is relatively less severe India is on course to be
Author: Anil R Tikotekar
Buy Now Pay Later grew by 637 per cent in 2021: Razorpay’s ERF Report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/buy-now-pay-later-grew-by-637-in-2021-razorpays-erf-report/article64943154.ece Transactions relating to Telecom and Electricity bills saw a growth of 3640 per cent and 2353 per cent respectively, from 2020 to 2021
Kotak Mahindra Bank Q3 net profit up 15 pc – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/kotak-mahindra-bank-q3-net-profit-up-15-per-cent/article64943259.ece Kotak Mahindra Bank reported a 15 per cent jump in standalone net profit to ₹2,131.36 crore in the third quarter of the fiscal
Policy implications of WPI-CPI dynamics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/wpi/article64943341.ece For monetary policy, tasked with curbing inflation that is on the high side amidst uncertain growth, these are difficult times indeed The complex
GST on developed plot of land: Gujarat’s Appellate Authority for Advance Ruling affirms ‘Aye’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-on-developed-plot-of-land-gujarats-appellate-authority-for-advance-ruling-affirms-aye/article64943473.ece Meanwhile, AARs of Goa, Madhya Pradesh had said ‘No’ Applicability of Goods & Services Tax (GST) on plot of land with sewerage line,
Textile Ministry extends timeline for PLI scheme application to February 14 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/textile-ministry-extends-timeline-for-pli-scheme-application-to-february-14/article64943538.ece Expects the number of submissions to go up following the extension The Textile Ministry has extended the timeline for applications for the Production
Bad Bank set to begin with 15 stressed assets worth ₹50,000 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/narcl-story/article64943691.ece NARCL will acquire the identified assets by paying the lenders 15% of the acquisition value in cash and 85% via Security Receipts In
L&T Q3 FY22 net profit falls 5 per cent to ₹2,517 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/lt-q3-fy22-net-profit-falls-5-to-rs-2517-crore/article64943481.ece Consolidated order book of the group was at ₹340,365 crore Larsen & Toubro (L&T), India’s largest infrastructure company, saw a decline of 5
Zomato picks up stake in AdOnMo, UrbanPiper; board approves incorporation of NBFC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/zomato-picks-up-stake-in-adonmo-urban-piper-board-approves-incorporation-of-nbfc/article64943864.ece To pick up 19.48 pc stake in ad-tech company AdOnMo Pvt Ltd for ₹112.20; will also pick up 5 pc stake in B2B
Real estate sector sentiment at all-time high in Q4 2021, shows report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/real-estate-sector-sentiment-at-all-time-high-in-q4-2021-shows-report/articleshow/89088942.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As per the report, the Future Sentiment score, that gauges the stakeholders’ expectation in the short to medium term, also remains in the
This Budget, Sitharaman needs to walk a tightrope – balancing demand boost and fiscal consolidation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-this-budget-sitharaman-needs-to-walk-a-tightrope-balancing-demand-boost-and-fiscal-consolidation/articleshow/89142565.cmsSynopsis Gross tax collections in April-November 2021 are tracking at 70% of BE, the highest in the last 10 years. Overall, gross tax revenue
Centre’s interest burden may rise 15% in FY23 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/centres-interest-burden-may-rise-15-in-fy23/articleshow/89144996.cmsSynopsis Interest payments are budgeted to consume over 45% of the Centre’s revenue receipts in FY22, against 36.4% in FY12. The Centre’s interest burden
Anand Mahindra responds after a car showroom salesperson insulted a farmer – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/variety/anand-mahindra-responds-after-a-showroom-salesperson-insulted-a-farmer/article64940108.ece Anand Mahindra said that such incidents will be treated with “great urgency” Anand Mahindra, Chairman of Mahindra Group on Tuesday has tweeted regarding
Demand boost, a must to sustain the nascent growth revival – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/demand-boost-a-must-to-sustain-the-nascent-growth-revival/article64940537.ece The fiscal space can be used to reinvigorate consumer demand. Tax sops can also be considered for the salaried Harsh Pati Singhania The
Banks seek relief from GST notices, special disputes mechanism – The Financial Express
Clipped from: https://www.financialexpress.com/economy/banks-seek-relief-from-gst-notices-special-disputes-mechanism/2415995/ The IBA has also suggested that the quarterly issuance of TDS certificate (Form 16A) should be scrapped now. This is part of a
Need of the hour: Social media an absolute must for banks – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/need-of-the-hour-social-media-an-absolute-must-for-banks/2416559/ Building strong customer relationships through social media Uma Ganesh The need to have a physical presence across the length and breadth of the
US Fed is far behind the curve on controlling inflation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-federal-reserves-mad-scramble/2416607/ The current upsurge in inflation is not transitory or to be dismissed as an outgrowth of idiosyncratic Covid-19-related developments. It is widespread, persistent,
Extra Push: Capex outlay in FY23 pegged at Rs 10.5 lakh crore – The Financial Express
Clipped from: https://www.financialexpress.com/economy/capex-by-centre-cpses-may-be-rs-10-5-lakh-crore-in-fy23/2416581/The Centre via Budget may invest 18% more in FY23 than in FY22 at around Rs 6.53 lakh crore to retain its budgetary capex
From powers of NCLT and HCs to DRAT rules, here’re key court orders | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/from-powers-of-nclt-and-hcs-to-drat-rules-here-re-key-court-orders-121010501375_1.html Several courts have been found to omit the ‘future prospects’ in income of youth who die in road accidents while calculating compensation Balancing
Credibility of govt accounting | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/credibility-of-govt-accounting-122012601218_1.html Are official revenue-expenditure records evaluated critically and exhaustively enough? At a centennial event in the first week of December 2021, the Public Accounts