Clipped from: https://www.business-standard.com/article/finance/retail-and-msmes-likely-to-see-rise-in-slippages-say-bankers-121100400022_1.html The current level of NPAs masks the actual pain due to restructuring done under regulatory packages, both in 2020 and this year Rating
Author: Anil R Tikotekar
Digital health ID concerns | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/digital-health-id-concerns-121100300918_1.html The idea is good but govt must address privacy issues The official launch of the Ayushman Bharat Digital Mission (ABDM) started an initiative
Facebook put profit before public good ‘over and over again’: Whistleblower | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/facebook-put-profit-before-public-good-over-and-over-again-whistleblower-121100400103_1.html Frances Haugen identified as the woman who anonymously filed complaints with US law enforcement that Facebook’s own research shows how it magnifies hate
Sebi proposes sweeping changes to HNI allotment process for IPOs | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-proposes-sweeping-changes-to-hni-allotment-process-for-ipos-121100401186_1.html Also suggests changes to price discovery norms File photo: PTI The Securities and Exchange Board of India (Sebi) has mulled a new approach
Call it economic recovery or not, most indicators are trending upwards | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/call-it-economic-recovery-or-not-most-indicators-are-trending-upwards-121100400296_1.html The government’s critics and loyalists are both wrong in the way they view economic data. The RBI’s all-too-frequent monetary policy reviews attract a
RBI supersedes boards of SREI companies, plans for insolvency proceedings | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/rbi-supersedes-boards-of-srei-companies-plans-for-insolvency-proceedings-121100400867_1.html RBI said it has appointed Rajneesh Sharma, ex-chief general manager of Bank of Baroda, as the administrator of the companies The Reserve Bank
Adani to triple solar power generation capacity in four years – The Financial Express
Clipped from: https://www.financialexpress.com/industry/adani-to-triple-solar-power-generation-capacity-in-four-years/2343629/ The overall investments, both organic and inorganic, across the entire green energy value chain would range between USD 50 and USD 70 billion.
Rs 20k crore Subordinate Debt: Govt extends scheme till March 2022 but do MSMEs need it? | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-do-msmes-need-rs-20000-crore-subordinate-debt-scheme-thats-been-extended-till-march-2022/2343557/ Credit and Finance for MSMEs: The scheme’s purpose was to provide guarantee coverage for CGSSD to offer subordinate debt support with respect to
ECLGS: Govt extends emergency credit scheme till March 31 next year; here’s what MSMEs want – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-eclgs-what-msmes-want-this-time-with-likely-extension-of-modi-govts-emergency-credit-scheme/2340391/ Credit and Finance for MSMEs: As of September 24, 2021, over Rs. 2.86 lakh crore worth of loans were sanctioned under the scheme
Delayed payment applications filed by MSMEs near a whopping 1-lakh mark: Govt data – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-applications-for-clearing-over-rs-24k-crore-worth-msme-payments-filed-since-launch-of-msme-samadhaan-portal/2342813/ Ease of Doing Business for MSMEs: Out of the total applications filed, only 10 per cent (9,381) applications involving Rs 1,685 crore were
Modi govt’s MSME job portal: Only 54 vacancies currently for 4.73 lakh job seekers – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-skil-modi-govts-msme-sampark-job-portal-only-54-vacancies-currently-for-4-73-lakh-job-seekers/2342869/ Skill, Labour, Talent for MSMEs: The number of jobseekers was up by only 1.49 per cent from 4.66 lakh as of September 7, 2020,
MSMEs may soon get exemption from mandatory statutory audit; NFRA seeks suggestions on proposed move – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-eodb-nfra-seeks-suggestions-on-whether-msmes-should-be-exempted-from-mandatory-statutory-audit-to-ease-compliance-burden/2341360/ Ease of Doing Business for MSMEs: NFRA said that the regulations relating to financial reporting and auditing ‘should not impose undue burden and
RBI Monetary Policy Oct 8: MPC likely to keep repo rate unchanged, may absorb some surplus liquidity – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-monetary-policy-oct-8-mpc-likely-to-keep-repo-rate-unchanged-may-absorb-some-surplus-liquidity/2343243/ The monetary policy meetings seem to have reached a stage where decisions from the RBI will be more keenly watched than what the
How your health insurance will help if taking treatment at a non-network hospital – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/how-your-health-insurance-will-help-if-taking-treatment-at-a-non-network-hospital/2343457/ Health insurance companies on board a number of hospitals, clinics on their network. These networked medical facilities provide services to policyholders at a
MSME Credit Growth August 2021: Bank credit to micro, small enterprises up only 1.1% from year-ago, shows RBI data | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-micro-small-enterprises-get-only-1-1-more-credit-from-banks-in-august-vis-a-vis-year-ago/2343390/ MSME Credit Growth August 2021: The share of MSEs in the country’s overall gross bank credit of Rs 108.97 lakh crore in August
Hospitality industry: It’s check out time: Hospitality industry players eyeing lucrative deals from distress sales of hotels – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/its-check-out-time-hospitality-industry-players-eyeing-lucrative-deals-from-distress-sales-of-hotels/articleshow/86720891.cms SynopsisHospitality industry players who want to expand their portfolio are watching keenly as they expect distressed companies to soon default on loans and
With everyone working from home, companies struggle to curb employees’ moonlighting – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/with-everyone-working-from-home-companies-struggle-to-curb-employees-moonlighting/articleshow/86720645.cms SynopsisThe ongoing pandemic and resultant WFH being implemented as a long-term plan by organisations have led to several instances of employees breaching exclusivity
CJI’s comments and orders put spotlight on Supreme Court-government relationship – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/cjis-comments-and-orders-put-spotlight-on-supreme-court-government-relationship/articleshow/86714385.cmsSynopsis In the Madras Bar Association case, the Supreme Court held certain provisions regarding service and tenure of tribunal members unconstitutional. The government has
RBI’s auto debit rule could cause tax woes for fintech startups – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/rbis-auto-debit-rule-could-cause-tax-woes-for-fintech-startups/articleshow/86720802.cmsSynopsis Due to RBI’s new auto debit rules, fintech startups run the risk of attracting a 2% equalisation levy as well as additional GST
Want to take a gold loan of Rs 3 lakh? Check how much it would cost you – The Financial Express
lipped from: https://www.financialexpress.com/money/want-to-take-a-gold-loan-of-rs-3-lakh-check-how-much-it-would-cost-you/2341653/ Gold loan is one of the most convenient and popular ways to address any urgent cash crunch, more so because most households have