Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-imposes-rs-2-crore-fine-on-bank-of-maharashtra/2202877/ This penalty has been imposed in exercise of powers vested in the RBI under the Banking Regulation Act, 1949. The regulator said it
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.
SC upholds HC order setting aside ED move to attach Satyam’s FDs worth Rs 822 cr – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sc-upholds-hc-order-setting-aside-ed-move-to-attach-satyams-fds-worth-rs-822-cr/2202889/ The Supreme Court had earlier in December 2017 rejected the ED’s appeal seeking to make Tech Mahindra liable for the alleged money laundering
Pricier steel can be costly for economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pricier-steel-can-be-costly-for-economy-ep/article33813520.ece To sustain post-Covid recovery, steel import tariffs must be cut to zero and iron ore export curbed The Competition Commission has opened a suo
India to be biggest driver of global energy demand growth in next two decades: IEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-to-be-biggest-driver-of-global-energy-demand-growth-in-next-two-decades-iea/article33798308.ece India to make up a quarter of global demand growth during 2019-2040; reliance on oil imports to rise above 90% by 2040; gas
All you wanted to know about Saral Pension plan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article33784973.ece In order to simplify insurance product choice for lay investors, the insurance regulator, IRDAI, has been introducing standard products with uniform features in
Five cautions against money-lending apps – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/five-cautions-against-money-lending-apps/article33535431.ece Digital money-lending platforms may be hassle-free and convenient, but look before you leap Digital platforms claiming to offer hassle-free loans to individuals, small
Concerns on high steel prices unfounded: JSW Steel – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/concerns-on-high-steel-prices-unfounded-jsw-steel/article33762154.ece Notwithstanding the cut in import duty on steel products, the high iron ore prices and second wave of Covid remain a concern for
How your insurer arrives at rate of depreciation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-you-car-insurer-arrives-at-rate-of-depreciation/article33769857.ece After accounting for depreciation, current market value is fixed by the insurer Two neighbours’ daily routine of watering plants leads to an interesting
Imported raw material, other than precious metals, permitted to be used for job work – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/imported-raw-material-other-than-precious-metals-permitted-to-be-used-for-job-work/article33752299.ece Advance intimation of import consignment to be mandatory A manufacturer will now be able to use imported raw material for outsourced work also
A monetary policy that strikes a chord with fisc – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-monetary-policy-that-strikes-a-chord-with-the-fisc/article33762050.ece Holding steady The central bank keeping a ‘hold’ on rates was widely anticipated – PAUL NORONHA Holding steady The central bank keeping a
PLI scheme for solar PV to spur ₹14,000-cr investment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/pli-scheme-for-solar-pv-to-spur-14000-crore-investment/article33874090.ece Government to invest ₹4,500 crore on the scheme Prime Minister Narendra Modi said on Thursday that the performance-linked incentive (PLI) scheme for high-efficiency
Will FM’s asset monetisation plan pay off? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-fms-asset-monetisation-plan-pay-off/article33761043.ece The idea is good, but there are challenges to generating revenues through sale of surplus land held by the govt and PSUs Finance
PLI schemes for 10 sectors to be notified by March 31: DPIIT Secretary – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-schemes-for-10-sectors-to-be-notified-by-march-31-dpiit-secretary/article33762483.ece Identification of beneficiaries, who could enjoy 4-6% incentives, to take another 2-3 months The Centre is hopeful that the Production Linked Incentive (PLI)
Recent advisory on social-media posts ‘not to curtail freedom of expression’, says ICAI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/recent-advisory-on-social-media-posts-not-to-curtail-freedom-of-expression-says-icai/article33933187.ece The CA Institute has said that its recent advisory on social-media posts cannot, by any stretch of imagination, be termed as curtailing/infringing the
There is no provision to take credit of the agriculture infra cess: Expert | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/there-is-no-provision-to-take-credit-of-the-agriculture-infra-cess-expert-121020800718_1.html This should not matter much because wherever AIDC has been imposed, the basic customs duty (BCD) or excise duty has been reduced, and
Diverse responses to the Budget | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/diverse-responses-to-the-budget-121020801673_1.html The finance minister did very well for equity market investors. How did she fare with households? The presentation of the Indian Union Budget is an
A pro-growth turn in government policy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-pro-growth-turn-in-government-policy-121020801757_1.html The growth impact of PLI schemes could start showing up in FY22 Total central government spending in FY22 should be unchanged from the
Indirect Taxes: FM Sitharaman’s Budget attempts a delicate balancing act | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/indirect-taxes-fm-sitharaman-s-budget-attempts-a-delicate-balancing-act-121020202031_1.html The focus has been on smoothening the GST structure and removing anomalies, as well as closing loopholes to curb fraudulent practices Even before
Kirana comes full circle | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/kirana-comes-full-circle-121020801780_1.html Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we’ve come full circle on grocery It’s true
Banking on cybersecurity: RBI’s new rules for digital transactions a step forward – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/banking-on-cybersecurity-rbis-new-rules-for-digital-transactions-a-step-forward/2199851/ The master direction on digital payment security controls, released last week, casts a wide net. The Reserve Bank of India has, therefore, done
