Clipped from: https://www.financialexpress.com/opinion/allowing-corporate-houses-in-banking-with-the-needed-safeguards-it-may-not-be-a-bad-idea-after-all/2161878/ While connected and circular lending, and credit misallocation and conflict of interest are real risk scenarios, credit crunch especially for MSMEs is also
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.
63 moons moves NCLT seeking recovery for DHFL creditors – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/63-moons-moves-nclt-seeking-recovery-for-dhfl-creditors/2161949/ “The benefit of avoidance applications for approximately Rs 30,000 crore filed by DHFL administrator under section 66 of Insolvency and Bankruptcy Code (IBC)
Which developing economies will rise after the pandemic? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/which-developing-economies-will-rise-after-the-pandemic/articleshow/80041079.cmsSynopsis The pandemic is accelerating the adoption of digital technology, which has a particularly strong effect on immature economies. Digital technology is unlikely to
Happy New Year By Design, Not Chance–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/happy-new-year-by-design-not-chance/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The year that has gone by is very
Let’s not bargain off health, environment–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/lets-not-bargain-off-health-environment/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The ‘consensus’ on stubble burning and free power
taxes: RoDTEP scheme on all export goods from January 1, 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/government-extends-benefits-of-tax-refund-scheme-to-all-export-goods/articleshow/80050267.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The scheme, it said, would refund to exporters the embedded central, state and local duties and taxes that were so far not being
Unemployment rate in urban areas for Jan-Mar 2020 rose to 9.1% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/unemployment-rate-in-urban-areas-for-jan-mar-2020-rose-to-9-1/articleshow/80049452.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis However, the sample size was lower in the survey compared to the previous four quarters and consisted of 1.73 lakh people and 43,971
Bitcoin hits new record, set for biggest monthly gain since 2019 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/bitcoin-hits-new-record-set-for-biggest-monthly-gain-since-2019/articleshow/80025532.cmsSynopsis The digital asset surged above $28,000 Wednesday to a record high, adding to its 47 per cent rally so far in December. Bitcoin,
Don’t leave everything to the RBI is Duvvuri Subbarao’s Budget tip to Nirmala Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/dont-leave-everything-to-the-rbi-is-duvvuri-subbaraos-budget-tip-to-nirmala-sitharaman/articleshow/80024846.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis In an interview with ET Now, former RBI governor Duvvuri Subbarao, emphasised on the need for the government to loosen its purse strings
India’s April-November fiscal deficit tops 135% of full-year target – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-april-november-fiscal-deficit-tops-135-of-full-year-target/articleshow/80045933.cmsSynopsis Net tax receipts were 6.88 trillion rupees, while total expenditure came to 19.06 trillion rupees, the data showed. The Union government’s fiscal deficit soared to
Labour ministry issues guidelines for Atma Nirbhar Bharat Rozgar Yojana – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/labour-ministry-issues-guidelines-for-atma-nirbhar-bharat-rozgar-yojana/articleshow/80046682.cmsSynopsis The scheme was announced in November to incentivise formal job creation in the country and subsequently approved by the Cabinet in early December.
Financial inclusion: View: How the concept of ‘financial inclusion’ must be revisited with an emphasis on the poor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-how-the-concept-of-financial-inclusion-must-be-revisited-with-an-emphasis-on-the-poor/articleshow/79648763.cms SynopsisA key decision variable when you decide whether or not to accept the EMI plan is the effective interest rate charged. Car loans
New six-month window: India Inc allowed to hold Board meetings via video conferencing till June 30 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/new-six-month-window-india-inc-allowed-to-hold-board-meetings-via-video-conferencing-till-june-30/article33465071.ece?homepage=true Video conferencing option for Board meetings should be legislated, suggest company law experts This is the fourth time that MCA is extending this
Video | ‘Need a dedicated SC Bench or Tribunal to resolve GST disputes’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/video/knowledge-series/video-need-a-dedicated-sc-bench-or-tribunal-to-resolve-gst-disputes/article32707767.ece To tackle GST-related disputes, India must go in for a special Bench at the Supreme Court level or a dedicated GST Tribunal, S
DPIIT writes to ED, RBI over alleged violations by Amazon, Flipkart: CAIT | Deccan Herald
The Commerce Ministry has forwarded representations of alleged violations by Amazon and Flipkart to the Enforcement Directorate and the Reserve Bank for “necessary action”, according
Obesity & Diabetes: How corporates and society can help deal with these silent killers
Clipped from: https://www.businesstoday.in/opinion/columns/diabetes-obesity-what-corporates-and-society-can-do-to-deal-with-these-silent-killers/story/426528.html The human cost and the price for not addressing adequately the topic of obesity & diabetes is very high. Also, it impairs our
India’s exports may reach $290 bn by fiscal-end: FIEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/indias-exports-may-reach-290-bn-by-fiscal-end-fieo/articleshow/80025553.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis “We are confident that a V- shaped recovery will be witnessed in world trade and we will recover much more from what we
From pushing electric mobility to boosting textile sector, Niti Aayog charts 2021 reforms map – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/from-pushing-electric-mobility-to-boosting-textile-sector-niti-aayog-charts-2021-reforms-map/articleshow/80025000.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As the think tank continues to work with various stakeholders to boost the country’s economy, its Vice Chairman and economist Rajiv Kumar said
Banks need Rs one lakh crore for NPAs, growth, says Reserve Bank of India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-need-rs-one-lakh-crore-for-npas-growth-says-reserve-bank-of-india/articleshow/80021370.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis According to the RBI, gross non-performing assets (NPAs) declined from 9.1% as of March 2019 to 8.2% at end-March 2020 and further down
Don’t punish UK and South Africa for sharing details, says WHO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/dont-punish-uk-and-south-africa-for-sharing-details-says-who/articleshow/80020024.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Countries like the UK and South Africa should not be unduly punished for their openness towards science, Mike Ryan, the organisation’s head of
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