Clipped from: https://www.business-standard.com/article/economy-policy/watch-out-for-msme-risk-build-up-amid-covid-19-pandemic-says-report-121021801579_1.html The default rates in September 2020 remained stable at 12.1 per cent, a level also seen in September 2019 The micro units have
Author: Anil R Tikotekar
GST reconciliation & the credit dilemma – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-reconciliation-the-credit-dilemma/2202862/ The issue of whether the recipient of services can be penalised for non-compliance by the vendor remains open and unanswered However, while that
Manufacturing to get $520-billion PLI push in next 5 years: PM Modi | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/manufacturing-to-get-520-billion-pli-push-in-next-5-years-pm-modi-121030600076_1.html Says govt aims to do away with more than 6,000 compliance requirements The prime minister was speaking at a webinar organised by the
Bhushan Power lenders accept JSW Steel plan, look to close deal by March 31 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/lenders-with-majority-vote-for-closing-bhushan-power-deal-with-jsw-steel-121030500653_1.html 25 financial creditors would be realising 41% from the Rs 19,350 cr deal on claims of Rs 47,158 cr JSW Steel has a
Inflation a ‘downside risk’ to India’s growth momentum: Finance ministry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflation-a-downside-risk-to-india-s-growth-momentum-finance-ministry-121030600078_1.html Citing the country’s consumer price index, the ministry said it had reached a 16-month low in January, validating the Reserve Bank stance of
Domestic pharma market growth slides to 1.1% in February | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/a-bitter-pill-domestic-pharma-market-growth-slides-to-1-1-in-february-121030501417_1.html Recovery slow, top drug firms post muted growth in February Domestic pharma market is witnessing a slow recovery, with growth crawling to 1.1
Financial sector growth has been slow: CEA Krishnamurthy Subramanian | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/financial-sector-growth-has-been-slow-cea-krishnamurthy-subramanian-121030501462_1.html He said the Budget has made a significant push towards reforming the financial sector and adding vitality to it CEA Krishnamurthy Subramanian The
Why the industry is sceptical of ambitious targets | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/atmanirbhar-and-pli-why-the-industry-is-sceptical-of-ambitious-targets-121030401408_1.html The scheme to boost manufacturing in India has set ambitious targets that industry says are unachievable. A look at the programmes announced so
China targets 6% growth in 2021; to spend 3 times India’s on defence | Business Standard News
Clipped from: https://www.business-standard.com/article/international/china-targets-6-growth-in-2021-to-spend-3-times-india-s-on-defence-121030600066_1.html 6.8% jump in budget for military to $209 mn is the biggest in 2 years Chinese President Xi Jinping took off his mask
DGGI Nagpur unit busts fake GST invoice network in Delhi-NCR – The Financial Express
Clipped from: https://www.financialexpress.com/economy/dggi-nagpur-unit-busts-fake-gst-invoice-network-in-delhi-ncr/2211495/ In the first fake invoice network, six of these 11 NCR-based entities had made bogus transactions of goods with the Nashik- and Dhule-based
‘Indian education system focusses too much on exams, not learning’–business today
Clipped from: https://www.businesstoday.in/opinion/interviews/indian-education-system-focusses-too-much-on-exams-not-learning/story/432195.html “There is too much focus on exams and not learning. This often desists the teacher to innovate their pedagogy. Exam becomes the end
6 reasons why cryptocurrencies need to be regulated–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/6-reasons-why-cryptocurrencies-need-to-be-regulated/story/433670.html While a ban on private crypto currencies will kill all future innovations in the crypto space, the virtual currencies do need a regulatory
RBI asks lenders to report restructured accounts to credit bureaus – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-asks-lenders-to-report-restructured-accounts-to-credit-bureaus/2211524/ The uniform credit reporting format has two annexes. Annex-I contains two formats for credit reporting – consumer bureau and commercial bureau, whereas annex-II
Resolve fast, do not postpone IBC–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/resolve-fast-do-not-postpone-ibc/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The government should restart the Insolvency and Bankruptcy
justice indu malhotra: Don’t know any finer judge than Justice Indu Malhotra: CJI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/dont-know-any-finer-judge-than-justice-indu-malhotra-cji/articleshow/81466500.cmsSynopsis Showering all praises on Justice Malhotra, the CJI said that he does not wish to say anything about her judicial acumen as her
China harvesting 20% of world’s data including from India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/china-harvesting-20-of-worlds-data-including-from-india/articleshow/81468028.cmsSynopsis As the virtual private network (VPN) usage grows in countries like India to have a more secure and private Internet browsing experience, a
Whatever banks are reporting does not present the full picture: Saswata Guha, Fitch Ratings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/whatever-banks-are-reporting-does-not-present-the-full-picture-saswata-guha-fitch-ratings/articleshow/81466653.cmsSECTIONSWhatever banks are reporting does not present the full picture: Saswata Guha, Fitch RatingsLast Updated: Mar 12, 2021, 04:09 PM ISTSynopsis Not everything that
Finance ministry asks Sebi to withdraw new rule on AT1 bonds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/mf-news/finance-ministry-asks-sebi-to-withdraw-new-rule-on-at1-bonds/articleshow/81463006.cmsSynopsis Department of Financial Services noted that the recent Sebi order can cause volatility in NAVs of debt funds. In a big development, finance ministry has
A proposed GST amendment may severely impact Indian exporters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/a-proposed-gst-amendment-may-severely-impact-indian-exporters/articleshow/81360362.cms SynopsisAn amendment to Section 16 of the IGST Act may seem harmless, but is capable of having a deep and far-reaching implication for
GST authorities ask field units to ramp up collections, identify defaulting taxpayers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gst-authorities-ask-field-units-to-ramp-up-collections-identify-defaulting-taxpayers/articleshow/81464901.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Experts said that it being the last month of the fiscal year, revenue authorities across jurisdictions are working to garner as much revenue
