https://www.business-standard.com/world-news/us-growth-for-last-qtr-likely-reflected-consumers-resistance-to-fed-hikes-123102600160_1.html lipped from: https://www.business-standard.com/world-news/us-growth-for-last-qtr-likely-reflected-consumers-resistance-to-fed-hikes-123102600160_1.html Last quarter’s robust growth, though, will probably prove to be a high-water mark for the economy before a steady slowdown beginning in
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.
RBI plans to bar outsourcing of know-your customer compliance norms
https://www.business-standard.com/industry/banking/rbi-plans-to-bar-outsourcing-of-know-your-customer-compliance-norms-123102601343_1.html Clipped from: https://www.business-standard.com/industry/banking/rbi-plans-to-bar-outsourcing-of-know-your-customer-compliance-norms-123102601343_1.html A draft circular on Managing Risks and Code of Conduct in Outsourcing of Financial Services, released by the regulator, has stated this
Reserve Bank of India allows premature deposit withdrawal up to Rs 1 crore
https://www.business-standard.com/economy/news/reserve-bank-of-india-allows-pre-mature-deposit-withdrawal-up-to-rs-1-crore-123102601180_1.html Clipped from: https://www.business-standard.com/economy/news/reserve-bank-of-india-allows-pre-mature-deposit-withdrawal-up-to-rs-1-crore-123102601180_1.html Banks typically offer higher interest rates on non-callable deposits Listen to This Article The Reserve Bank of India (RBI) has increased the
Asian Paints Q2 result: Consolidated profit jumps 53% YoY to Rs 1,232 cr
https://www.business-standard.com/companies/results/asian-paints-q2-result-consolidated-profit-jumps-53-yoy-to-rs-1-232-cr-123102600548_1.html Clipped from: https://www.business-standard.com/companies/results/asian-paints-q2-result-consolidated-profit-jumps-53-yoy-to-rs-1-232-cr-123102600548_1.html The company announced an interim dividend of Rs 5.15 per share Listen to This Article The Asian Paints reported a jump of 53.31 per
India Enacts New Privacy Law: The Digital Personal Data Protection Act – Publications
https://www.morganlewis.com/pubs/2023/08/india-enacts-new-privacy-law-the-digital-personal-data-protection-act Clipped from: https://www.morganlewis.com/pubs/2023/08/india-enacts-new-privacy-law-the-digital-personal-data-protection-act India enacted its new privacy law—the Digital Personal Data Protection Act, 2023 (DPDP Act) on August 11. Once in effect, the DPDP
Partnership Firm and proprietorship concern having one common partner as individual could not be defined as relative u/s 2(41) of Companies Act
https://taxguru.in/excise-duty/partnership-firm-proprietorship-concern-common-partner-individual-defined-relative-u-s-2-41-companies-act.html Clipped from: https://taxguru.in/excise-duty/partnership-firm-proprietorship-concern-common-partner-individual-defined-relative-u-s-2-41-companies-act.html Asha Industries Vs C.C.E. & S.T. (CESTAT Ahmedabad) Conclusion: A proprietorship firm and the partnership firm even though the said proprietor was one
India’s Future: The Quest for High and Stable Growth | S&P Global
https://www.spglobal.com/en/research-insights/featured/special-editorial/look-forward/india-s-future-the-quest-for-high-and-stable-growth Clipped from: https://www.spglobal.com/en/research-insights/featured/special-editorial/look-forward/india-s-future-the-quest-for-high-and-stable-growth Achieving high and sustainable growth has been elusive for India; success will require reaping the demographic dividend, boosting private investment and increasing
*****Underscoring contribution of MSME sector to economic growth of India
Its contribution to the country’s GDP is nearly a third of the country’s GVA and it contributes nearly half of the country’s exports. Moreover, the
***Even as outlook on inflation improves, RBI must continue to remain vigilant
Clipped from: https://indianexpress.com/article/opinion/editorials/surge-and-fall-8998017/ Express View: After the dry weather in August, the outlook on food prices has improved in recent weeks. The guiding objective of the
The Supreme Court’s ‘no fundamental right to marry’ is wrong – The Hindu
https://www.thehindu.com/opinion/lead/the-courts-no-fundamental-right-to-marry-is-wrong/article67450210.ece Clipped from: https://www.thehindu.com/opinion/lead/the-courts-no-fundamental-right-to-marry-is-wrong/article67450210.ece The Supreme Court of India’s line, with respect to same sex persons, that there is no fundamental right to marry, is incorrect
What’s cooking, WHO? Its recent recommendations could end up unfairly categorising Indian traditional food products as unhealthy – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/whats-cooking-who-its-recent-recommendations-could-end-up-unfairly-categorising-indian-traditional-food-products-as-unhealthy/3284762/ Clipped from: https://www.financialexpress.com/opinion/whats-cooking-who-its-recent-recommendations-could-end-up-unfairly-categorising-indian-traditional-food-products-as-unhealthy/3284762/ Guests at the G20 Summit were treated to a gastronomic extravaganza that exemplified the culinary diversity of India. An opulent array of
*Governance deficit: RBI’s recent actions must serve as a wake-upcall to banks for putting their house in order – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/governance-deficit-rbis-recent-actions-must-serve-as-a-wake-upcall-to-banks-for-putting-their-house-in-order/3283889/ Clipped from: https://www.financialexpress.com/opinion/governance-deficit-rbis-recent-actions-must-serve-as-a-wake-upcall-to-banks-for-putting-their-house-in-order/3283889/ The regulator’s annual inspections, for the years FY20 and FY21, also found that the bank had marketed and engaged in sales of
Chattogram Port: A win-win for India and Bangladesh – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/chattogram-port-a-win-win-for-india-and-bangladesh/3283888/ Clipped from: https://www.financialexpress.com/opinion/chattogram-port-a-win-win-for-india-and-bangladesh/3283888/ The opening up of the Chattogram Port for transit and transhipment of goods and allowing regular movement is a powerful testimony of
Curing the states’ doctor deficiency: Can’t blame states’ medical seats alone, Graduate-retention policies also responsible – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/curing-the-states-doctor-deficiency-cant-blame-states-medical-seats-alone-graduate-retention-policies-also-responsible/3283874/ Clipped from: https://www.financialexpress.com/opinion/curing-the-states-doctor-deficiency-cant-blame-states-medical-seats-alone-graduate-retention-policies-also-responsible/3283874/ The challenge is the production and distribution of doctors. X By Sandhya Venkateswaran & Khushboo Balani India’s reported doctor-population ratio stood at 0.9
*****Policy and data support can boost MSMEs’ role as drivers of future growth: ADB report – SME News | The Financial Express
https://www.financialexpress.com/business/sme-policy-and-data-support-can-boost-msmes-role-as-drivers-of-future-growth-adb-report-3285396/ Clipped from: https://www.financialexpress.com/business/sme-policy-and-data-support-can-boost-msmes-role-as-drivers-of-future-growth-adb-report-3285396/ As per the report, the average lending to MSMEs in these countries was 10.6 per cent of the country’s gross domestic product
Will I have to pay tax on the residual amount after selling an old flat and buying a new one? – Money News | The Financial Express
https://www.financialexpress.com/money/will-i-have-to-pay-tax-on-the-residual-amount-after-selling-an-old-flat-and-buying-a-new-one-3285149/ Clipped from: https://www.financialexpress.com/money/will-i-have-to-pay-tax-on-the-residual-amount-after-selling-an-old-flat-and-buying-a-new-one-3285149/ Tax on Flat Sale: As per Section 54, an individual can save long-term capital gains arising on the sale of RHP by
