Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mca-amends-board-meeting-rules-to-permanently-allow-virtual-resolutions-on-financial-statements-restructuring/articleshow/83576768.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis ET had first reported in January on the government’s intention to make certain pandemic-induced relaxations permanent such as allowing virtual annual general meetings
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.
PNB scam: Fearing investigation by Indian agencies, Mehul Choksi got dummy directors shifted to Bangkok, says CBI – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/india/pnb-scam-fearing-investigation-by-indian-agencies-mehul-choksi-got-dummy-directors-shifted-to-bangkok-says-cbi/articleshow/83573981.cmsSynopsis The probe has revealed that Choksi appointed employees of his Gitanjali Group of Companies as Directors/ Partners/ Authorized Signatories to his Hong Kong
RBI likely to maintain status quo in August meet, suggests SBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-likely-to-maintain-status-quo-in-august-meet-suggests-sbi-report/articleshow/83569611.cmsSynopsis According to the State Bank of India’s Ecowrap report, inflation may remain on the higher side for a few months because of several
RBI economists call rising inflation transitory, owing to pent-up demand – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbi-economists-call-rising-inflation-transitory-owing-to-pent-up-demand/articleshow/83576454.cmsSynopsis Economists at the central bank also prescribe quantifiable metrics to bring down fiscal expenditure and target them for better efficiency. These two views
How to make the most of tax deductions on education loan – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/how-to-make-the-most-of-tax-deductions-on-education-loan/2272216/ You can claim tax deductions against education loans under Section 80E of the Income Tax Act. However, there are a few things to
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-resolution-framework-2-0-rbi-considerate-of-msmes-need-but-real-time-situation-demands-more-measures/2272761/ Ease of Doing Business for MSMEs: A new exclusive criterion for asset classification for MSMEs or provision for interim financing or credit facility
On freeing up micro-finance industry space, caution must match intent – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/on-freeing-up-micro-finance-industry-space-caution-must-match-intent/2272725/ The income ceiling for for defining MFI loans, the proposal to free NBFC MFIs from the current cap on spread, etc, need a
Resilient economy: Direct tax mop up surges in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/resilient-economy-direct-tax-mop-up-surges-in-fy22/article34833450.ece?homepage=true Net direct tax collection doubles to ₹1.86-lakh crore In a sign of economic resilience despite the devastating Covid-19 second wave, advance tax collections
Biden may not undo Trump policies soon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/biden-may-not-undo-trump-policies-soon/article34833163.ece?homepage=true The US’ inward-looking stance and trade war with China will continue at least till its economy recovers from the pandemic blow Under the
Dealing with the demon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/dealing-with-the-demon/article34833119.ece?homepage=true Tariff and tax cuts the best way to immediately deal with across-the-board price rise Rising inflation, both retail and wholesale, can no longer
Future of the Rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/future-of-the-rupee/article34833141.ece?homepage=true Getting ready for ‘cashless’ future India plans to table its Central-Bank backed Digital Currency (CBDC) policy in the next parliamentary session. Most of
Acuité Ratings and CARE Ratings come together to set up Association of Indian Rating Agencies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/acuit-ratings-and-care-ratings-come-together-to-set-up-association-of-indian-rating-agencies/article34819955.ece AIRA, incorporated as a Section 8 (not-for-profit) company, is expected to work closely with the regulator and the government for development of debt
Spike in May retail inflation leads to drop in G-Sec prices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/spike-in-may-retail-inflation-leads-to-drop-in-g-sec-prices/article34823860.ece Government Securities (G-Sec) prices dropped on Tuesday as the retail inflation reading for May 2021 spiked above the monetary policy committee’s upper tolerance
Voting on bids for Reliance Home Finance extended, Authum Investment and Infrastructure may be frontrunner – The Financial Express
Clipped from: https://www.financialexpress.com/industry/voting-on-bids-for-reliance-home-finance-extended-authum-investment-and-infrastructure-may-be-frontrunner/2271995/ The voting was earlier scheduled to be completed by 5 PM on Tuesday. The other bidders for the company include Capri Global Capital,
Trade recovery: Exports surge 69% in May on improved demand – The Financial Express
Clipped from: https://www.financialexpress.com/economy/trade-recovery-exports-surge-69-in-may-on-improved-demand/2271997/ Having witnessed an impressive rate of expansion last fiscal in the wake of the Covid-19 outbreak, drug and pharmaceutical exports dropped by 5.4%
Govt strikes: Twitter loses intermediary status – The Financial Express
Clipped from: https://www.financialexpress.com/industry/govt-strikes-twitter-loses-intermediary-status/2271947/ Criminal action can be initiated against the company for unlawful content The government sent Twitter a communication on June 5 wherein as a
G7’s Welsh rendezvous | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/g7-s-welsh-rendezvous-121061501562_1.html The group’s relevance was tested again The first in-person summit of the Group of Seven (G7) since the outbreak of the Covid-19 pandemic
Income-tax portal 2.0 likely to allow payments by UPI, credit cards | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/income-tax-portal-2-0-likely-to-allow-payments-by-upi-credit-cards-121061600016_1.html More pvt lenders set to be given authorisation for providing services Currently, taxpayers have the option to make payments through net-banking of large
Truck rentals up 9-14% in first half of June on low base and unlocking | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/truck-rentals-up-9-14-in-first-half-of-june-on-low-base-and-unlocking-121061501328_1.html Analysts attribute it to diesel price hike, caution of a long road to recovery By opening of lockdown the open market truck rentals
Nearly 10,000 mobile retail stores shut in the past year | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-19-crisis-nearly-10-000-mobile-retail-stores-shut-in-the-past-year-121061600054_1.html The north India region, the largest market among all four zones of the country, has seen the worst, according to market analytics platform
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