Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/banks-warn-its-customers-of-curbs-if-they-deal-in-cryptocurrency/articleshow/83103230.cms Synopsis–Several other banks, including ICICI Bank, Yes Bank and IndusInd Bank, have also in recent weeks pulled the plug on the business accounts
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.
Govt trying to make inroads into the fundamental right of privacy, says BN Srikrishna – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/govt-trying-to-make-inroads-into-the-fundamental-right-of-privacy-says-bn-srikrishna/articleshow/83096473.cmsSynopsis Srikrishna described the face-off between the central government and global social media platforms over the new IT rules as well as other attempts
Govt expands credit lifeline for MSMEs amid second wave of Covid-19 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-eases-emergency-credit-guarantee-scheme-to-help-businesses-in-pandemic-121053000305_1.html Scheme removes the ceiling of outstanding loans of Rs 500 crore, keeps government’s guarantee cover of Rs 3 trillion. Loans given under ECLGS
Regulate big tech but not at the expense of user rights: Mishi Choudhary | Business Standard News
Clipped from: https://www.business-standard.com/article/politics/regulate-big-tech-but-not-at-the-expense-of-user-rights-mishi-choudhary-121053000791_1.html The heavy-handed ways in which the government has been behaving in shaping the narrative and curbing dissent make even genuine attempts at regulating
Stimulus package should be broad-based, like Budget: NITI Aayog chief | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/stimulus-package-should-be-broad-based-like-budget-niti-aayog-chief-121053000658_1.html In a Q&A, Amitabh Kant says the package should aim to lift growth instead of picking specific sectors for assistance Amitabh Kant said
PSU banks to follow template with three loan buckets for recast 2.0 | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/psu-banks-to-follow-template-with-three-loan-buckets-for-recast-2-0-121053000537_1.html Lenders come out with standardised products to help mitigate Covid crisis Public sector banks, including the country’s largest lender State Bank of India
Corporate profit to GDP ratio hits 10-year high of 2.63% in FY21 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/corporate-profit-to-gdp-ratio-hits-10-year-high-of-2-63-in-fy21-121053100041_1.html India Inc’s combined net profit was up 57.6% to Rs 5.31 trillion in FY21 Corporate revenue to GDP also inched up to 34.4
Lenders terminate bankruptcy proceedings against Lavasa Corporation | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/lenders-terminate-bankruptcy-proceedings-against-lavasa-corporation-121053100035_1.html Lenders who have run up Rs 7,700 cr bad loans will call for fresh bids Lavasa, a subsidiary of HCC, was sent for
Who bore brunt of income losses in CY20 as India battled coronavirus? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/who-bore-brunt-of-income-losses-in-cy20-as-india-battled-coronavirus-121053100082_1.html Almost four-fifth of all income losses were incurred by households and the corporate sector Nikhil Gupta is Economist, Motilal Oswal Financial Services Ltd.
Distant thunder in the world economy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/distant-thunder-in-the-world-economy-121053000925_1.html We’re in the happy period of global economy coming back to life, but we need to watch carefully the US inflation situation Here
The rural worry | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-rural-worry-121053000918_1.html Bharat is suffering on multiple counts Prime Minister Narendra Modi rightly noted last week that the economic impact of the Covid-19 pandemic was “huge”. The
More misses than hits | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/more-misses-than-hits-121053000911_1.html GST Council should have addressed pressing issues The council that oversees goods and services tax (GST), the GST Council, met last Friday amid concern about
A no-action policy with focus on growth | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-no-action-policy-with-focus-on-growth-121053000836_1.html ‘Unwinding’ is unlikely to happen before the third quarter of this year even if we don’t mess up in tackling a possible third
The goofed-up story of rooftop solar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/clean-tech/the-goofed-up-story-of-rooftop-solar/article34682693.ece The segment is seeing big growth during the pandemic, but a host of reasons — including governmental missteps — threaten to dim it
Significant Economic Presence and its legal significance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/significant-economic-presence-and-its-legal-significance/article34683362.ece Lawmakers have created scenarios where foreign corporations are deemed to have “business connection” in India, thus bringing their Indian operations within the ambit
Bad loans and personal guarantees – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/bad-loans-and-personal-guarantees/article34683404.ece The SC verdict has brought relief to creditors waging long battles against bad loans On May 21, 2021, the Supreme Court dismissed pleas
Why Cairn moved to seize assets everywhere but India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/why-cairn-moved-to-seize-assets-everywhere-but-india/article34683512.ece Courts in West tend to award punitive damages, which an Indian court may hold to be against public policy In 2012, India amended
12 ways marketers can gather data lawfully and store it securely – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/catalyst/12-ways-marketers-can-gather-data-lawfully-and-store-it-securely/article34682669.ece How businesses can comply with, and benefit from the Personal Data Protection Bill The government’s new IT Rules are in the eye of
GST Council refers composition scheme for ice cream makers back to Fitment Committee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/gst-council-refers-composition-scheme-for-ice-cream-makers-back-to-fitment-committee/article34683284.ece ‘Given the high value addition, the revenue implication is significant’ The ice cream sector will have to wait to be included in the
Banks can lend about ₹46,000 crore to MSMEs, civil aviation sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-can-lend-about-46000-crore-to-msmes-civil-aviation-sector/article34683172.ece?homepage=true Scheme extended up to Sept-end or till guarantees of ₹3-lakh crore are issued Banks can lend about ₹46,000 crore to the micro, small
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