Author: Anil R Tikotekar
👍👍👍Limited interest, low recoveries: Prepack insolvency scheme in slow lane | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/limited-interest-low-recoveries-prepack-insolvency-scheme-in-slow-lane-124052600722_1.html Clipped from: https://www.business-standard.com/economy/news/limited-interest-low-recoveries-prepack-insolvency-scheme-in-slow-lane-124052600722_1.html In 2021 when the country was reeling from the Covid-19 pandemic, the government promulgated an ordinance and amended the insolvency law to
👍👍👍India’s GDP growth in Q4 likely slowed to at least a four-quarter low | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/india-s-gdp-growth-likely-slowed-to-four-quarter-low-in-q4-of-fy24-124052600651_1.html Clipped from: https://www.business-standard.com/economy/news/india-s-gdp-growth-likely-slowed-to-four-quarter-low-in-q4-of-fy24-124052600651_1.html NSO to release Q4 growth numbers, FY24 provisional estimates on Friday Listen to This Article After experiencing strong growth rates of above
👍👍👍China pips US to be India’s largest trade partner in FY24 – Economy News | The Financial Express
https://www.financialexpress.com/policy/economy-china-pips-us-to-be-indias-largest-trade-partner-in-fy24-3502146/ Clipped from: https://www.financialexpress.com/policy/economy-china-pips-us-to-be-indias-largest-trade-partner-in-fy24-3502146/ Goods imports from neighbour crosses $100-billion. With the US, India also has a consistent services trade surplus. (IE) While China emerged as
👍👍👍Algo-based MSME lending: How AI can make credit assessment more inclusive, accurate, efficient – SME News | The Financial Express
https://www.financialexpress.com/business/sme/algo-based-msme-lending-how-ai-can-make-credit-assessment-more-inclusive-accurate-efficient/3501851/ Clipped from: https://www.financialexpress.com/business/sme/algo-based-msme-lending-how-ai-can-make-credit-assessment-more-inclusive-accurate-efficient/3501851/ On May 15th, RBI Deputy Governor Swaminathan J cautioned non-banking financial companies (NBFCs) against over-reliance on algorithm-based credit models. While these models
👍👍👍Sources and uses of RBI surpluses – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/sources-and-uses-of-rbi-surpluses/3500868/ Clipped from: https://www.financialexpress.com/opinion/sources-and-uses-of-rbi-surpluses/3500868/ While surpluses of up to Rs 1 trillion look plausible under normal conditions, the present surplus is big. It would be the
👍👍👍First things first: Boost labour efficiency to spur growth – Economy News | The Financial Express
https://www.financialexpress.com/policy/economy-first-things-first-boost-labour-efficiency-to-spur-growth-3502316/ Clipped from: https://www.financialexpress.com/policy/economy-first-things-first-boost-labour-efficiency-to-spur-growth-3502316/ A chequered poll season is about to end. As the dust settles, the new government at the Centre would find itself with
Cost, accuracy still evolving in AI models: TCS – Digital Transformation News | The Financial Express
https://www.financialexpress.com/business/digital-transformation-cost-accuracy-still-evolving-in-ai-models-tcs-3502400/ Clipped from: https://www.financialexpress.com/business/digital-transformation-cost-accuracy-still-evolving-in-ai-models-tcs-3502400/ In manufacturing, AI is used for predictive maintenance of equipment, helping to avoid downtime and reduce repair costs. Yet, an overwhelming 86%
👍👍👍👍👍Taming food inflation – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/taming-food-inflation/3502377/ Clipped from: https://www.financialexpress.com/opinion/taming-food-inflation/3502377/ The Centre’s move to control inflation by banning agri-exports hurts the farmers. Next to edible oil, it is pulses, fresh fruits and
👍👍👍👍👍1.04 mn motor accident claims worth Rs 80,455 cr pending nationwide: RTI | India News – Business Standard
https://www.business-standard.com/india-news/1-04-mn-motor-accident-claims-worth-rs-80-455-cr-pending-nationwide-rti-124052600331_1.html Clipped from: https://www.business-standard.com/india-news/1-04-mn-motor-accident-claims-worth-rs-80-455-cr-pending-nationwide-rti-124052600331_1.html The details have been provided by the Insurance Regulatory and Development Authority of India (IRDAI) in response to the query filed by
👍👍👍👍👍How long will the good run last? | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/how-long-will-the-good-run-last-124052600382_1.html Clipped from: https://www.business-standard.com/opinion/columns/how-long-will-the-good-run-last-124052600382_1.html In public, bankers exude confidence and say everything is hunky-dory, but the rising defaults in a few pockets don’t exactly suggest this
Insurance brokers urge Irdai to allow them to appoint ‘Bima Vahaks’ | Insurance – Business Standard
https://www.business-standard.com/finance/insurance/insurance-brokers-urge-irdai-to-allow-them-to-appoint-bima-vahaks-124052600375_1.html Clipped from: https://www.business-standard.com/finance/insurance/insurance-brokers-urge-irdai-to-allow-them-to-appoint-bima-vahaks-124052600375_1.html Bima Vahak, a part of Irdai’s Bima Trinity, is a women-centric, dedicated distribution channel to sell insurance products Photo: Shutterstock Listen to
GDP, GST data to be released next week will design economic narrative by new govt – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/gdp-gst-data-to-be-released-next-week-will-design-economic-narrative-by-new-govt/article68218117.ece Clipped from: https://www.thehindubusinessline.com/economy/gdp-gst-data-to-be-released-next-week-will-design-economic-narrative-by-new-govt/article68218117.ece Barring GST, all economic indicators are expected to exceed estimates Ahead of announcements of election results on June 4, five key high
Liquidity tight as Centre’s cash balances pile up – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/liquidity-tight-as-centres-cash-balances-pile-up/article68218860.ece Clipped from: https://www.thehindubusinessline.com/opinion/liquidity-tight-as-centres-cash-balances-pile-up/article68218860.ece G-sec yields are likely to ease further. The RBI in its June review is expected to hold rates Liquidity appears to be
Credit card spends fall 5% in April, pace of new card additions slower – The Hindu BusinessLine
https://www.thehindubusinessline.com/incoming/credit-card-spends-fall-5-in-april-pace-of-new-card-additions-slower/article68218971.ece Clipped from: https://www.thehindubusinessline.com/incoming/credit-card-spends-fall-5-in-april-pace-of-new-card-additions-slower/article68218971.ece Spends in March 2024 were at ₹1.64-lakh crore, also lower than the peak of ₹1.79-lakh crore seen in October 2023 due to
Interest allowable on delayed refunds of GST Input Tax Credit: Telangana HC
https://taxguru.in/goods-and-service-tax/interest-allowable-delayed-refunds-gst-input-tax-credit-telangana-hc.html Clipped from: https://taxguru.in/goods-and-service-tax/interest-allowable-delayed-refunds-gst-input-tax-credit-telangana-hc.html Qualcom India Private Limited Vs Deputy Commissioner (ST)(FAC) and Ors. (Telangana High Court) Introduction: The Telangana High Court recently addressed the issue of
👍👍👍Go for a health plan that covers mental illness – Insurance News | The Financial Express
https://www.financialexpress.com/money/insurance-go-for-a-health-plan-that-covers-mental-illness-3500772/ Clipped from: https://www.financialexpress.com/money/insurance-go-for-a-health-plan-that-covers-mental-illness-3500772/ A plan that also offers cover for psychiatric consultations is best. All policyholders need to serve a waiting period in which certain
👍👍👍👍👍I-T dept notifies cost inflation index for FY25 to compute capital gains | India News – Business Standard
https://www.business-standard.com/india-news/i-t-dept-notifies-cost-inflation-index-for-fy25-to-compute-capital-gains-122061500544_1.html Clipped from: https://www.business-standard.com/india-news/i-t-dept-notifies-cost-inflation-index-for-fy25-to-compute-capital-gains-122061500544_1.html The cost inflation index (CII) is used by a taxpayer to compute gains arising out of the sale of capital assets after