Clipped from: https://www.business-standard.com/india-news/cbdt-asks-tax-department-to-examine-top-30-short-tds-deduction-123042100991_1.html Apex body releases interim action plan for the first half of FY24 The action plan also talks about enhanced use of technology and
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.
Flows into NRI bank deposits in India top $6 bn mark in April 2022-Feb 2023
Clipped from: https://www.business-standard.com/finance/news/indians-remit-2-1-billion-in-february-under-lrs-shows-rbi-data-123042100953_1.html Outstanding deposits decline in Feb 2023 over Jan 2023 A further analysis indicated FCNR (B) deposits were $18.4 billion this February, marginally up
👍👍👍👍👍Up nearly 10% in 2023, Fed policy pivot may provide fresh impetus to gold
Clipped from: https://www.business-standard.com/finance/personal-finance/fed-policy-pivot-may-provide-fresh-impetus-to-gold-invest-via-etfs-funds-123042100874_1.html Elevated interest rates in United States for a prolonged period will, on the other hand, cap the upside Investors could opt for options
👍👍👍👍👍Impact of MPC decisions to show in 4-5 quarters, says Shashanka Bhide
Clipped from: https://www.business-standard.com/finance/investment/effect-of-mpc-decisions-will-be-visible-after-4-5-quarters-shashanka-bhide-123042101097_1.html ‘The rate hikes started in May 2022 and cumulatively there is a significant increase in policy rate (250 basis points)’ Shashanka Bhide Listen
👍👍👍👍👍Eight states notify guidelines for monitoring direct selling entities
lipped from: https://www.business-standard.com/economy/news/eight-states-notify-guidelines-for-monitoring-direct-selling-entities-123042100792_1.html Maharashtra and Bengal lead in direct selling revenues; Kerala has most extensive norms for industry Photo: Shutterstock Listen to This Article Eight states
To woo foreign investors, Tamil Nadu too clears bill allowing 12-hour work
Clipped from: https://www.business-standard.com/companies/news/to-woo-foreign-investors-tamil-nadu-too-clears-bill-allowing-12-hours-work-123042100756_1.html Second state after Karnataka to take the decision; provision for 4-day work weeks Listen to This Article To woo multinational corporations in setting
Meesho’s monthly active users count about 55% of Amazon, Flipkart: Report
Clipped from: https://www.business-standard.com/companies/news/meesho-s-monthly-active-users-count-about-55-of-amazon-flipkart-report-123042101157_1.html Meesho is India’s third largest e-commerce retailer with CY22 GMV of $4.5 bn and 7 per cent market share, growing much faster than
👍👍👍👍👍In the run-up to merger: HDFC Bank gets RBI relief on PSL norms
Clipped from: https://www.business-standard.com/finance/news/rbi-allows-hdfc-bank-to-meet-psl-target-in-3-years-post-hdfc-merger-123042100689_1.html Some analysts estimated HDFC Bank would need Rs 1 trillion for meeting the CRR/SLR norms HDFC Education and HDFC Credila – both are
👍👍👍👍👍IMF likely to have erred on India’s growth forecast, says RBI paper
Clipped from: https://www.business-standard.com/economy/news/rbi-paper-says-imf-likely-to-err-on-india-growth-forecast-123042100936_1.html Actual outcomes may surprise; India Inc profits remain healthy despite many challenges, it says Citing the RBI’s industry monitoring group’s (IMG) semi-annual survey,
RIL net profit rises 19% to Rs 19,299 crore in Q4 to highest ever
Clipped from: https://www.business-standard.com/companies/results/ril-net-profit-rises-19-to-rs-19-299-crore-in-q4-to-highest-ever-123042101137_1.html Lower raw material costs and decline in tax expenses boost earnings Photo: Shutterstock Listen to This Article Boosted by a decline in raw
MPC member Varma expressed reservation on “withdrawal of accommodation” stance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mpc-member-varma-expressed-reservation-on-withdrawal-of-accommodation-stance/article66760616.ece Says he is unable to reconcile the language of the stance Jayanth R Varma, the only monetary policy committee (MPC) member to express
Don’t see any shortage of auditors in fast growing Indian economy, says ICAI President Aniket Talati – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/dont-see-any-shortage-for-auditors-in-fast-growing-indian-economy-says-icai-president-aniket-talati/article66760639.ece Rules out any demand-supply mismatch for practising CAs in foreseeable future CA Institute does not see any demand-supply mismatch for auditors in the
Hotel stocks gather steam as analysts see better days ahead – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/hotel-stocks-gather-steam-as-analysts-see-better-days-ahead/article66760562.ece Pick up in international travel, wedding season bode well for the sector Most hotel stocks have been on the rise, especially since beginning
Not easy to raise green deposits – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/not-easy-to-raise-green-deposits/article66760815.ece Borrowers, lenders require conflicting sops, the former low rates and the latter high rates. An option is to set aside a part of
Jan Vishwas Bill’s promise – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/jan-vishwas-bills-promise/article66760734.ece Amendments hope to decriminalise biz compliance Trust is a prerequisite for democratic governance. But archaic rules and regulations cause a trust deficit among
Speculative activity in initial public offers needs to be curbed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/speculative-activity-in-initial-public-offers-needs-to-be-curbed/article66756451.ece The market regulator should also take a serious look at other illegal activities in the primary market, such as grey market trading in
‘Capacity utilisation robust, new orders dip in Q3 FY23’
Clipped from: https://www.thehindubusinessline.com/todays-paper/2023-04-21/bl_chennai/articleGC7B4S5EA-2739683.ece Ram Narayan Murthy Industrial activity may have tottered in the first quarter of FY21 when there was a complete lockdown, but it has
Inflation fight still on, tactical pause to gauge impact of tightening so far: Das at MPC meeting
Clipped from: https://www.thehindubusinessline.com/todays-paper/2023-04-21/bl_chennai/articleGC7B4SMVE-2739681.ece Our Bureau RBI Governor Shaktikanta Das – All six members of the rate-setting Monetary Policy Committee (MPC) were on the same page on
Losing favour: IT sector weighting in Nifty50 at 5-year low of 12.2%
Clipped from: https://www.business-standard.com/markets/news/it-sector-weightage-in-nifty-50-index-at-five-year-low-of-12-2-123042001084_1.html Gives up most of the gains in market cap in post-pandemic period The IT sector has now given up most of the gains
When inflation gets closer to 4%, focus can shift to growth: Jayanth Varma
Clipped from: https://www.business-standard.com/finance/interviews/inflation-risks-have-become-a-little-worse-mpc-member-jayanth-r-varma-123042001219_1.html ‘Lot of high frequency indicators are showing some signs of slowing’ Jayanth R Varma, member, Monetary Policy Committee Listen to This Article Jayanth
