Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/biden-trains-big-guns-on-ransomware-attacks-india-must-beware-and-prepare/Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who respond
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.
Despite the turmoil, DHFL buy is an opportunity for Piramal Group – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/despite-the-turmoil-dhfl-buy-is-an-opportunity-for-piramal-group/article34772463.ece?homepage=true The main attraction of DHFL for the Piramal Group is the scale of its operations and branch network Mortgage financier Dewan Housing Finance
Minimum wage conundrum | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/minimum-wage-conundrum-121061000009_1.html Govt will need to strike the right balance The Union Ministry of Labour and Employment last week constituted an expert group to give
Mswipe: Mswipe develops MSME score for risk based credit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/mswipe-develops-msme-score-for-risk-based-credit/articleshow/83364763.cmsSynopsis The new tool will make assessment of MSME creditworthiness easier and provide the opportunity to differentiate risks thereby opening possibilities of dynamic pricing
China is trying to tame inflation. It matters to much of the globe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/china-is-trying-to-tame-inflation-it-matters-to-much-of-the-globe/articleshow/83360967.cmsSynopsis For some goods, prices are indeed rising. Paper manufacturers have raised bulk volume prices for products like napkins and toilet paper four times
RBI money printing should be last option, govt can consider Covid bonds: Subbarao – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-money-printing-should-be-last-option-govt-can-consider-covid-bonds-subbarao/articleshow/83369306.cmsSynopsis India’s economy contracted by less-than-expected 7.3 per cent in the fiscal ended March 2021. For 2021-22, the deficit has been put at 6.8
Cash is king, once again. Should you be worried? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bs-number-wise-cash-is-king-once-again-should-you-be-worried-121060800847_1.html A BS analysis shows that a crisis leads to a higher demand for money, which is complemented by an increase in currency in
Bonus debentures: Decide based on asset allocation, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/bonus-debentures-decide-based-on-asset-allocation-say-analysts-121060900038_1.html Those in higher tax bracket may shift to instruments offering indexation benefit Companies distribute their profits via two modes primarily: cash dividend and
No backdoor entry | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/no-backdoor-entry-121060801611_1.html Promoters should not be allowed to delay insolvency resolution The drama over Dewan Housing Finance Corp Ltd (DHFL) is another example of how
Pvt cos may issue e-invoice: Fintech see scope in data, access to biz users | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/pvt-cos-may-issue-e-invoice-fintech-see-scope-in-data-access-to-biz-users-121060700625_1.html While e-invoicing alone may not generate high revenues, the key lies in the way fintechs leverage the data of enterprises to offer other
Second wave impact: Auto debit payment bounce rate increases further in May | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/second-wave-impact-auto-debit-payment-bounce-rate-increases-further-in-may-121060800489_1.html The unsuccessful auto-debit requests through the NACH platform are generally referred to as bounce rates The decline in auto-debit transactions had peaked in
Paytm has $500 mn ready cash, IPO timed to expand lead in fintech: Sources | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-has-500-mn-ready-cash-ipo-timed-to-expand-lead-in-fintech-sources-121060801301_1.html IPO will foster public and institutional investors’ trust, and seal the company’s position as India’s largest fintech player IPO-bound Paytm has $500 million worth of
Banks’ collection efficiency for micro-loans drops significantly – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/covid-woes-banks-collection-efficiency-for-micro-loans-drops-significantly/2267778/ Lenders feel that collection efficiency is likely to be ‘volatile’ in the first quarter of the current fiscal year due to the intermittent
Global minimum corporate tax rate: The ‘googly’ ICC has dodged for years and how it may help nations – The Financial Express
Clipped from: https://www.financialexpress.com/economy/global-minimum-corporate-tax-rate-the-googly-icc-has-dodged-for-years-and-how-it-may-help-nations/2267436/ By a conservative estimate, tax havens deprive countries of taxes amounting to 30 Lakh Crores every single year. Rishi Sunak, the Indian origin
G7 floor tax rate good, but a global tax regime a tough challenge – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/g7-floor-tax-rate-good-but-a-global-tax-regime-a-tough-challenge/2267698/ Achieving a global consensus on the proposal is a tough challenge as market jurisdictions will have their own sets of reservations The communique
PLI scheme: Apple vendors hire 20,000 in 7 months – The Financial Express
Clipped from: https://www.financialexpress.com/industry/pli-scheme-apple-vendors-hire-20000-in-7-months/2267770/ Foxconn and Wistron step up hiring; Pegatron set to follow As per their PLI applications, these companies are expected to hire nearly 23,000
DHFL resolution: 63 Moons, FD holders to challenge NCLT order – The Financial Express
Clipped from: https://www.financialexpress.com/industry/dhfl-resolution-63-moons-fd-holders-to-challenge-nclt-order/2267773/ The firm wants the creditors of DHFL to receive the money, instead of the buyer (PCHFL), in case recovery happens in the alleged
Kerala AAR classifies banana, jackfruit and tapioca chips as roasted/fried vegetable products, to attract 12% GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/kerala-aar-classifies-banana-jackfruit-and-tapioca-chips-as-roastedfried-vegetable-products-to-attract-12-gst/article34771638.ece Unbranded namkeen attracts GST at 5 per cent, while branded namkeen attracts 12 per cent The Kerala Authority of Advance Ruling (AAR) has
Bank accounts can’t be attached at the cost of Right to Business: Madras HC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/bank-accounts-cant-be-attached-at-the-cost-of-right-to-business-madras-hc/article34761074.ece DGGI files case against Chennai-based firm following allegation that it had fraudulently availed input tax credit The Madras High Court has held that
Govt seeks comments on proposed revision in WPI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/govt-seeks-comments-on-proposed-revision-in-wpi/article34761805.ece New product coverage, separate solar index under electricity, auction prices for coal, electricity suggested The government has sought public comments by June 20
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