Clipped from: https://www.business-standard.com/article/economy-policy/india-s-merchandise-trade-deficit-in-january-down-at-17-75-billion-123021501120_1.html January merchandise exports were $32.91 billion compared with $34.48 billion in December, while imports were at $50.66 billion against $58.24 billion in December,
Author: Anil R Tikotekar
👍Exports dip by 6.58% in Jan; trade deficit lowest in 12-months at $17.75 bn | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/exports-dip-by-6-58-in-jan-trade-deficit-lowest-in-12-months-at-17-75-bn-123021501353_1.html Contracting for the second month in a row, India’s exports dipped by 6.58 per cent to 32.91 billion in January due to slowdown
👍Indian lender HDFC’s biggest-ever bond issue to see strong demand: Bankers | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/indian-lender-hdfc-s-biggest-ever-bond-issue-to-see-strong-demand-bankers-123021501181_1.html HDFC aims to raise at least 50 billion rupees ($603.4 million) through the sale of 10-year bonds on Thursday, with an option to
👍Government notifies ITR forms for AY 2023-24, makes no substantial changes | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/government-notifies-itr-forms-for-ay-2023-24-makes-no-substantial-changes-123021401569_1.html Income tax return forms have been notified for Assessment Year 2023-24 (for income earned in 2022-23) The finance ministry has allowed individuals against
👍Rs 40-trillion MF industry braces for industry-wide forensic audit | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/rs-40-trillion-mf-industry-braces-for-industry-wide-forensic-audit-123021401952_1.html AMCs term it from ‘positive development’ to ‘preventive exercise’ The Rs 40-trillion mutual fund (MF) industry is bracing for a comprehensive audit —
👍HDFC likely to sell Rs 25,000 cr of 10-year bonds by this week, say sources | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/hdfc-likely-to-sell-rs-25-000-cr-of-10-year-bonds-by-this-week-say-sources-123021301323_1.html This will be one the largest ever debt sales by the firm; proceeds may be used to meet its financing or refinancing needs
👍India’s WPI inflation eases to two-year low of 4.73% in January | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-wpi-inflation-cools-to-two-year-low-of-4-73-in-january-123021401620_1.html The wholesale price index (WPI)-based inflation rate for January 2023 fell to a two-year low at 4.73 per cent. This was on the back of
👍*Opt for presumptive tax scheme only if you can adhere to its rules | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/opt-for-presumptive-tax-scheme-only-if-you-can-adhere-to-its-rules-123021301240_1.html Higher limits are positive, but remember you must stick to scheme for 5 yrs To ease compliance and promote non-cash transactions, Budget 2023
👍India’s inflation higher than peers like Brazil and South Korea | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-inflation-numbers-now-higher-peers-than-like-brazil-south-korea-123021301217_1.html India now has higher inflation than some emerging market peers. The latest inflation figure of 6.52 per cent is above the Reserve Bank of India (RBI) tolerance
👍👍👍*Premise of the Budget is woven around skilling: Atul Kumar Tiwari | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/the-whole-premise-of-budget-is-woven-around-skilling-skill-secretary-123021301257_1.html ‘PMKVY is an agile, market driven scheme as it provides short term training and recognises prior learning as well’ The government has emphasised
👍👍Retail inflation rises to 6.52% in January, breaches RBI’s tolerance band | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/retail-inflation-again-breaches-rbi-s-tolerance-limit-in-january-123021301421_1.html Core inflation, that excludes food and fuel prices, remained sticky above the 6% mark India’s retail inflation reversed its downward trend in January and once
👍CBIC says won’t object to a petitioner going to HC in absence of GSTAT | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cbic-says-won-t-object-to-taxpayers-going-to-hc-in-absence-of-gstat-123021300423_1.html CBIC says it would like to withdraw earlier plea in matter relating to dispute over refund of a company The Central Board of