Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-deputy-governor-red-flags-diversion-of-funds-by-some-msmes/article68910927.ece It is important for them to use bank funds for the purpose they were borrowed for, RBI Deputy Governor Swaminathan J said RBI
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.
👌👌👌👌👌Fiscal deficit likely to be lower by 19 bps than budget estimates, says India Ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/fiscal-deficit-likely-to-be-lower-by-19-bps-than-budget-estimates-says-india-ratings/article68917618.ece Government’s fiscal outlook for FY25 looks promising with the tax/GDP ratio likely to be higher than FY25 (BE), India Ratings notes Centre’s fiscal deficit,
Deposit push: HDFC Bank launches ‘Pragati’ savings account for hinterlands – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/deposit-push-hdfc-bank-launches-pragati-savings-account-for-hinterlands/article68918109.ece HDFC Bank’s overall deposits stood at ₹25 lakh crore in Q2FY25 Private sector major HDFC Bank today announced the launch of its ‘Pragati’ savings account,
👌👌👌Personal Income tax collections bolster the overall tax revenue growth in H1 FY25 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/personal-income-tax-collections-bolster-the-overall-tax-revenue-growth-in-h1-fy25/article68918562.ece Analysis of tax revenues during April-September 2024 from CGA shows that total tax revenue (gross) grew at 12 per cent year on year
More FTAs on the horizon to propel economic growth and exports: Govt official – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/more-ftas-on-the-horizon-to-propel-economic-growth-and-exports-govt-official/article68919189.ece Engineering exports may surpass the target in FY25 Atul Anand, IAS, Principal Secretary, MSME, Department, Government of Tamil Nadu, releases a short film
👌👌👌How to avoid unilateral appointment of arbitrators – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-avoid-unilateral-appointment-of-arbitrators/article68919731.ece The amendments to the Arbitration Act must clarify on the process of appointing arbitrators The Supreme Court recently held that unilateral appointment of
👌👌👌Cross-border insolvency framework may not be reality anytime soon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cross-border-insolvency-framework-may-not-be-reality-anytime-soon/article68919707.ece MCA, however, optimistic about eventual realisation of this vision India’s aspirations for a robust cross-border insolvency framework may remain a work in progress
👌👌👌India must adapt to evolving global trade norms for meaningful FTAs | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/standards-on-trade-124112701270_1.html Both countries have been negotiating to arrive at a mutually beneficial agreement since 2022 News reports suggest that India and the United Kingdom
👌👌👌👌👌Trump’s return could increase tariffs, impacting China and Asean alike
Clipped from: https://www.business-standard.com/opinion/columns/trump-s-return-could-increase-tariffs-impacting-china-and-asean-alike-124112701277_1.html A steep and selective increase in protective tariffs and an inherent disdain for institutions under Trump 2.0 is likely to create particularly difficult
👌👌👌Promotion effective only after assuming duty, not from date of vacancy: SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/promotion-effective-only-after-assuming-duty-not-from-date-of-vacancy-sc-124112701050_1.html The apex court delivered its verdict on an appeal filed by the West Bengal government and others challenging a February 2023 judgement of
Pvt lender HDFC Bank launches rural and semi-urban focused savings account | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/pvt-lender-hdfc-bank-launches-rural-and-semi-urban-focused-savings-account-124112701079_1.html The bank’s network of over 4,600 branches in semi-urban and rural locations will serve as touchpoints to leverage this product, covering nearly two-thirds
👌👌👌US economy grows at 2.8% in Q3 on consumer spending, exports surge | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/us-economy-grows-at-2-8-in-q3-on-consumer-spending-exports-surge-124112701082_1.html The Commerce Department reported that growth in US gross domestic product the economy’s output of goods and services slowed from the April-July rate
👌👌👌PM Modi on digital Arrest in India: Rs 11,333 crore lost in cyber frauds till Sep, PM warns of ‘digital arrest’ | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/rs-11-333-crore-lost-in-cyber-frauds-till-sep-pm-warns-of-digital-arrest-124112700589_1.html Stock trading scams emerged as the biggest culprit, with 228,094 complaints filed, incurring losses of Rs 4,636 crore (Photo: Shutterstock) India incurred losses
👌👌👌Govt blocks 669K SIM cards, 132K IMEIs to curb cybercrimes, Centre tells RS | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/govt-blocks-669k-sim-cards-132k-imeis-to-curb-cybercrimes-centre-tells-rs-124112701164_1.html Directions have been issued to the TSPs for blocking of such incoming international spoofed calls The citizen financial cyber fraud reporting and management
RBI may look at OMOs to infuse durable liquidity, say market experts | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-may-look-at-omos-to-infuse-durable-liquidity-say-market-experts-124112701074_1.html Government cash balance turns negative; Fx market remains volatile As the liquidity deficit in banking widens, the Reserve Bank of India (RBI) may
👌👌👌👌👌👌👌Retrospective Amendment to ITC Eligibility: Insertion of Sections 16(5) & 16(6) of CGST Act 2017
Clipped from: https://taxguru.in/goods-and-service-tax/retrospective-amendment-itc-eligibility-insertion-section-16-5-16-6-cgst-act-2017.html Ganapathi Pandi Industries Vs Assistant Commissioner (State Tax) (FAC) (Madras High Court) Retrospective Amendment to ITC eligibility – Insertion of Section 16(5) &
👌👌👌👌👌👌👌PAN 2.0: Upgraded e-PAN will be issued to you free of cost on your email id; check more details – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/pan-20-upgraded-e-pan-will-be-issued-to-you-free-of-cost-on-your-email-id-check-more-details-455257-2024-11-27 PAN 2.0 is an e-governance project designed to modernise the taxpayer registration process through technology. Under the PAN 2.0 Project, the updated card
👌👌👌India’s economy: Extended tight monetary policy may curb growth further
Clipped from: https://www.business-standard.com/opinion/columns/india-s-economy-extended-tight-monetary-policy-may-curb-growth-further-124112601305_1.html The forward-looking policy bias might create room to lower rates in early 2025 Listen to This Article India witnessed three years of heady
Indians see wallets drain by Rs 485 crore in ‘UPI scams’ in FY25
Clipped from: https://www.business-standard.com/economy/news/indians-see-wallets-drained-by-rs-485-cr-in-upi-scams-124112601339_1.html Over 600,000 incidents of fraud have been reported in the ongoing financial year till September (Photo: Shutterstock) Indians have lost Rs 485 crore
PAN 2.0: Common business identifier and robust system for taxpayers | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/report-card-of-pan-as-its-new-avatar-set-to-arrive-124112601262_1.html As many as 98 per cent of PAN holders are individuals, with male holders still outnumbering female holders. However, the gender gap is
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