Clipped from: https://www.business-standard.com/article/finance/rbi-allows-wallets-white-label-card-networks-access-to-its-payment-systems-121072801709_1.html Centralised Payment Systems’ access will also help lower cost of payments for non-banks, reduce their dependence on banks, says RBI Photo: Bloomberg The Reserve
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.
US, China moves may have big implications for Indian equity markets | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/us-china-moves-may-have-big-implications-for-indian-equity-markets-121072801538_1.html If the Fed announces a taper, it could trigger a correction till 14,000-14,500 in Nifty in next 2-3 months (Photo: Bloomberg) Recent moves
US economic recovery on track despite Covid-19 surge: Federal Reserve | Business Standard News
Clipped from: https://www.business-standard.com/article/international/fed-says-us-economic-recovery-on-track-despite-surge-in-covid-19-cases-121072900035_1.html The Fed also said that higher inflation remained the result of “transitory factors,” meaning it was not an imminent risk The Fed’s policy
Make-in-India must ‘make for the world’ – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/make-in-india-must-make-for-the-world/2299014/ Govt must lower tariff protections for domestic manufacturers to spur them to become globally competitive Unless there is a low and stable tariff
GST e-way bill generation gathers momentum in July – The Financial Express
Clipped from: https://www.financialexpress.com/economy/gst-e-way-bill-generation-gathers-momentum-in-july/2298183/ Average daily e-way bill generation was 20.2 lakh in the week ended July 25, compared with 20.4 lakh in preceding week and 19.24
Changes to DICGC Act: Deposit insurance cover gets stronger – The Financial Express
Clipped from: https://www.financialexpress.com/economy/changes-to-dicgc-act-deposit-insurance-cover-gets-stronger/2299587/ Customers to have access to deposits in 90 days if a bank goes bust; start-ups to benefit as a dozen offences by LLPs
MSME: Great commodities boom: China is hungry. What should India do? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/great-commodities-boom-china-is-hungry-what-should-india-do/articleshow/84813383.cms SynopsisPrices of industrial commodities have shot up, and this has had a significant impact on many export-centric sectors. However, it may not be
Sound thinking on telecom sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/sound-thinking-on-telecom-sector/articleshow/84835233.cmsSynopsis A more innovative step would be for the government to convert, in part, at least, the debt the telcos owe it on account
Can a registered will be challenged in court? – 5 common doubts about writing a will resolved | The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/5-common-doubts-about-writing-a-will-resolved/can-a-registered-will-be-challenged-in-court/slideshow/84549645.cms A Will is a document written by a living person stating his/her wishes to be executed after his/her death. You can simply write
Depositors to get upto Rs 5 lakh from DICGC within 90 days if bank fails: Cabinet clears amendment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/depositors-to-get-upto-rs-5-lakh-from-dicgc-within-90-days-if-bank-fails-cabinet-clears-amendment/articleshow/84824441.cmsSynopsis This move is expected to cover around 98.3% of total number of accounts and 50.9% of the value of total deposits held with
Deposit insurance bill amendments okayed, all kinds of deposits up to Rs 5 lakh in all types of banks to be insured – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/deposit-insurance-bill-okayed-all-kinds-of-deposits-up-to-rs-5-lakh-in-all-types-of-banks-to-be-insured/articleshow/84823146.cmsSynopsis 98.3% of all deposit accounts will get covered under it, in terms of value of the deposits over 50% coverage. Bank depositors will
India expected to see 7 per cent growth next fiscal: Chief Economic Adviser K V Subramanian – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-expected-to-see-7-per-cent-growth-next-fiscal-chief-economic-adviser-k-v-subramanian/articleshow/84832965.cmsSynopsis The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for India to 9.5 per cent for the fiscal year to
Domestic solar companies wary over the looming expiry of safeguard duties – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/domestic-solar-companies-cagey-over-the-looming-expiry-of-safeguard-duties/article35553765.ece Fear that lack of import barrier on solar modules and policy vacuum will put the sector’s survival at stake Domestic solar manufacturers stare
Papad is papad, irrespective of size and shape, rules Gujarat AAR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/papad-will-be-papad-even-if-there-is-change-in-shape-and-size/article35559891.ece GST not to be applicable Papad appears to be flavour of the season for Gujarat’s Authority of Advance Rulings (GAAR) whose latest ruling
NCLAT to hear FD holders’ plea in DHFL resolution case on Sept 16 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/nclat-to-hear-fd-holders-plea-in-dhfl-resolution-case-on-sept-16/article35560086.ece Petitioners plan to move SC for interim protection The National Company Law Appellate Tribunal (NCLAT) has refused to grant a stay on the
Gold reserves with RBI surged over 12 times in 20 years: Govt data – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gold-reserves-with-rbi-surged-over-12-times-in-20-years-govt-data/article35562643.ece Around ₹50,000 crore lying as unclaimed deposit with banks, insurance companies Gold reserves with the Reserve Bank of India surged over 12 times
Urban co-op banks in ICU, post-Covid – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/urban-co-op-banks-in-icu-post-covid/article35566094.ece Depositors’ ire A file picture of protests against mismanagement at UCBs – The Hindu Depositors’ ire A file picture of protests against mismanagement
Steel sector PLI scheme will be a win-win for all: Minister – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/steel-sector-pli-scheme-will-be-a-win-win-for-all/article35566238.ece “It is a booster shot” – this is how Ram Chandra Prasad Singh, the bureaucrat-turned-politician, who is just 20 days old in his
MSMEs need more support, speedy relief: Parliamentary panel to Centre – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/msmes-need-more-support-speedy-relief-parliamentary-panel-to-centre/article35568684.ece Larger package will spur demand, investment, exports and jobs, it says The Industry Standing Committee of Parliament, headed by TRS leader K Keshava
Mastercard to file an independent audit report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mastercard-to-file-an-independent-audit-report/article35569716.ece Mastercard has already submitted to the RBI its annual System Audit Report but there were delays in sending a supplemental audit report In
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