Clipped from: https://www.thehindubusinessline.com/markets/equity-markets-buckle-under-covid-scare/article66298372.ece Sensex down 981 points, Nifty breaches 18,000-mark The bloodbath in the market had shaved off ₹5.5-lakh crore of investors wealth on Friday Rapidly
Author: Anil R Tikotekar
IMF pitches for careful calibration of monetary policy tightening – The Hindu BusinessLine*
Clipped from: https://www.thehindubusinessline.com/economy/imf-pitches-for-careful-calibration-of-monetary-policy-tightening/article66297739.ece Says spillovers from the Ukraine war can cause disruptions in global food, energy markets, with significant impact on India A sharp global growth
Google approaches NCLAT against CCI’s order on Android devices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-approaches-nclat-against-ccis-order-on-android-devices/article66298032.ece Company challenges the order saying it is a set back for OEMs, users The CCI in October slapped a penalty of ₹1,337.76 crore
Is a fair price system for gas emerging? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-a-fair-price-system-for-gas-emerging/article66299280.ece The Parikh panel adopts a cautious approach on gas pricing. Piecemeal attempts at deregulation will not lead to a robust market Gas demand
The airlines we deserve | Business Standard Column*****
Clipped from: https://www.business-standard.com/article/opinion/the-airlines-we-deserve-122122201236_1.html Two stories this week showed what’s wrong with the attitudes of airlines and passengers Two aviation stories that appeared in the media this
China reports 37 mn infections a day, rings Covid-19 alarm bells | Business Standard News*
Clipped from: https://www.business-standard.com/article/international/china-reports-37-mn-infections-a-day-rings-covid-19-alarm-bells-122122301221_1.html Beijing’s swift dismantling of Covid Zero restrictions has led to the unfettered spread of the highly contagious omicron variants in a population with
Passengers to get full refund when downgraded from higher cabin: DGCA | Business Standard News*
Clipped from: https://www.business-standard.com/article/current-affairs/passengers-to-get-full-refund-when-downgraded-from-higher-cabin-dgca-122122300702_1.html Regulator’s rules do not say what compensation an airline needs to give to a passenger affected by ticket downgrade If an airline is
Higher claims pushed up non-life insurers’ underwriting losses: Report | Business Standard News***
Clipped from: https://www.business-standard.com/article/finance/general-health-insurers-underwriting-losses-widen-due-to-higher-claims-122122300862_1.html Life insurers paid benefits to the tune of Rs 5.02 trillion in FY22, says regulator’s annual report General and health insurers’ underwriting losses
Several insurance companies exceed limit on expenses in FY22: Irdai report | Business Standard News*
Clipped from: https://www.business-standard.com/article/finance/several-insurance-companies-exceed-limit-on-expenses-in-fy22-irdai-report-122122300884_1.html The expense of management of regulations (2016) for life insurers prescribes the allowable limits of expenses of management taking into account the type
India’s economic growth ‘extremely fragile’, needs support: RBI MPC member | Business Standard News*****
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-economic-growth-extremely-fragile-needs-support-rbi-mpc-member-122122300346_1.html India’s economic growth is now ‘extremely fragile’ and needs all the support as private consumption and capital investment are yet to pick up,
Google dials NCLAT against CCI’s Android order, Rs 1,337-crore fine | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/google-appeals-to-nclat-in-cci-case-122122301000_1.html Says CCI order presents a major setback for its Indian users and businesses who trust Android’s security features Google has appealed to the National
IMF calls for ‘more ambitious’ fiscal consolidation by India, cites risks | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/imf-bats-for-more-ambitious-fiscal-consolidation-by-india-report-122122301040_1.html But govt asserts public debt is sustainable India needs a more ambitious fiscal consolidation roadmap to ensure medium-term debt sustainability amid growing risks to its
S. 201 Income Tax Act is not to punish or Prosecute Assessee for his lapses for TDS Responsibilities: ITAT grants relief to ICICI Securities
Clipped from: https://www.taxscan.in/s-201-income-tax-act-is-not-to-punish-or-prosecute-assessee-for-his-lapses-for-tds-responsibilities-itat-grants-relief-to-icici-securities/237103/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=S.%20201%20Income%20Tax%20Act By Kalyani B Nair – On December 22, 2022 3:51 pm The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), rued that Section 201 Income Tax Act, 1961
Delay in filing of TDS Return due to Lack of Professional Assistance is Mere ‘Technical Breach’: ITAT deletes Income Tax Penalty
Clipped from: https://www.taxscan.in/delay-in-filing-of-tds-return-due-to-lack-of-professional-assistance-is-mere-technical-breach-itat-deletes-income-tax-penalty/237566/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Delay%20in%20filing By Rasheela Basheer – On December 23, 2022 11:47 am The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the delay in the filing
Re-Assessment cannot be based on Mere ‘Change of Opinion’: Telangana HC
Clipped from: https://www.taxscan.in/re-assessment-cannot-be-based-on-mere-change-of-opinion-telangana-hc/237657/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Re-Assessment By Navasree A M – On December 23, 2022 12:51 pm The Telangana High Court (HC), bench of Chief Justice Ujjal Bhuyan and Justice Baskar Reddy
Black Friday for investors as Nifty, Sensex bleed; Covid, recession threats spook Dalal Street bulls | The Financial Express
Clipped from: https://www.financialexpress.com/market/black-friday-for-investors-as-nifty-sensex-bleed-covid-recession-threats-spook-dalal-street-bulls-ahead-of-christmas/2924377/ Markets Bleed: Nifty, Sensex fall more than 1% as fears of recession, worsening COVID situation and negative global spook investors. Indian share market
Digital Rupee: Do you need a bank account to transact RBI e-Rupee? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/digital-rupee-do-you-need-a-bank-account-to-send-rbi-e-rupee/articleshow/96444341.cms Synopsis The retail digital rupee is an electronic token issued by the Reserve Bank of India. It is is similar to the physical
Rethinking work and workplaces in a hybrid world – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/rethinking-work-and-workplaces-in-a-hybrid-world-356897-2022-12-19 One of the biggest questions that leaders are facing today is how to build culture and keep employees meaningfully engaged in a hybrid
Bank locker rules changing from 1 January 2023: Check Nominee, compensation, revised rent and everything you need to know – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/new-bank-locker-rules-from-jan-1-check-details-on-new-rules-rent-compensation-for-locker-holders-strap-as-per-rbis-revised-guidelines-banks-shall-ensure-that-any-unfair-terms-or-conditions-are-not-357389-2022-12-22 As per RBI’s new guidelines, which were declared on August 8, 2021, and came into effect on January 1, 2022, it is the
What banks need? More borrowers | Deccan Herald
lipped from: https://www.deccanherald.com/opinion/in-perspective/what-banks-need-more-borrowers-1174231.html A balanced growth in agriculture and allied sectors meets the majority of people’s basic needs while cushioning industry and the services sector Representative