Clipped from: https://www.business-standard.com/article/opinion/the-weaker-side-of-generosity-122071901515_1.html High dividend payouts reflect low growth expectations An analysis of India’s largest corporations — those comprising the BSE500 index — shows dividend payouts, which are profits repatriated
Author: Anil R Tikotekar
Ending of rate hikes in US to stem sharp rupee depreciation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/dollar-likely-to-stay-strong-in-near-term-rupee-to-test-81-in-q2fy23-122071900531_1.html With front-loaded rate hikes by the US Fed, the US dollar will remain relatively strong in the immediate term With the US dollar gaining strength
Moody’s warns of India’s vulnerability to volatile food, energy prices | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/moody-s-warns-of-india-s-vulnerability-to-volatile-food-energy-prices-122071900421_1.html Says major challenge for countries will be growing demands on fiscal resources to limit impact of price rise The report said harvests this
Rupee fall likely to hit govt finances with ballooning subsidy bill | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/eroding-rupee-may-impair-centre-s-finances-via-higher-subsidy-bill-122071901233_1.html The finance ministry has hinted that India’s fertiliser subsidy bill for 2022-23 (FY23) could rise to around Rs 2.5 trillion against Budget Estimates
Rupee at 80: Little relief on the cards from high trade deficit | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/limited-relief-from-record-trade-deficit-expected-as-rupee-hits-80-122071901432_1.html Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against
Rupee at 80: Signs of lower FY23 GDP and corporate sector growth | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-erosion-to-herald-lower-gdp-corporate-sector-growth-in-fy23-122071901459_1.html The correlation coefficient between the year-on-year (YoY) change in corporate sector revenue and the rupee exchange rate is minus 0.63 since 2003-04 (FY04)
*1,000 passenger complaints received against Air India in 3 months: Govt | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/1-000-passenger-complaints-received-against-air-india-in-3-months-govt-122071900839_1.html DGCA on June 14 said it imposed a fine of Rs 10 lakh on Air India for denying boarding to passengers holding valid
*Amul posts group turnover of Rs 61,000 cr in FY22 on milk & ice-cream biz | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/amul-posts-group-turnover-of-rs-61-000-cr-in-fy22-on-milk-ice-cream-biz-122071901369_1.html Post pandemic recovery results in addition of Rs 8,000 crore in annual turnover Rise in milk procurement has also led to Amul basing
Govt’s plastic straw ban to curb pollution leaves Indian consumers thirsty | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-s-plastic-straw-ban-to-curb-pollution-leaves-indian-consumers-thirsty-122072000116_1.html With 19 single-use plastic items banned from July 1, including the straws, companies including Dabur India Ltd. and Parle Agro Pvt, have been
*Google relaxes Play Store fee in Europe – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-relaxes-play-store-fee-in-europe/article65658601.ece Google announces non-gaming app developers can offer EEA users an alternative to Play’s billing system After facing backlash from developers, Google on Tuesday
Banks want special recovery tribunals for high-value debts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-want-special-recovery-tribunals-for-high-value-debts/article65657565.ece Over 1.6 lakh cases pending at debt recovery tribunals as at February 2022 Banks have petitioned the Finance Ministry to set up special debt
‘Steel export duty, a big blow’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/steel-export-duty-a-big-blow/article65658231.ece Indian mills are losing valued clients to competing countries, says ArcelorMittal Nippon Steel India The imposition of export duty on Indian steel companies
*In 2021, over 1.6 lakh Indians renounced citizenship – The Hindu
Clipped from: https://www.thehindu.com/news/national/in-2021-over-16-lakh-indians-renounced-citizenship/article65658065.ece?homepage=true India The Hindu Bureau NEW DELHI July 19, 2022 22:24 IST Updated: July 19, 2022 22:39 IST The Hindu Bureau NEW DELHI July 19, 2022 22:24
*******GST on Rental Income of a Residential House Property given to a registered person
Clipped from: https://taxguru.in/goods-and-service-tax/gst-rental-income-residential-house-property-registered-person.html?utm_source=feedburner&utm_medium=email GST Impact on Rental Income of a Residential House Property has given to a registered person (Under GST) under GST Law w.e.f. 18.07.2022.
*The five-day work week might be fading away – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-five-day-work-week-might-be-fading-away/article65655152.ece Instead, an old idea, a four-day work week, could become a reality, shaping the future of staff engagement ‘A four-day work week for
*Cart before the horse: on bail law in India – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/cart-before-the-horse-on-bail-law-in-india/article65654741.ece Police should not arrest first and then fish for a possible offence Police should not arrest first and then fish for a possible
*Unicorn on a bike: how Rapido fought Ola and Uber to win big in small rides – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/unicorn-on-a-bike-how-rapido-fought-ola-and-uber-to-win-big-in-small-rides/primearticleshow/92963964.cms SynopsisThe latest Swiggy-led funding round put Rapido’s valuation around USD830 million. This is impressive for a startup that survived on just USD2 million
*******MSME registrations on govt’s Udyam portal near 1-crore milestone in 2 years | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msme-registrations-on-govts-udyam-portal-near-1-crore-milestone-in-2-years/2597989/ Ease of Doing Business for MSMEs: Aadhaar number-based registration on the Udyam portal is free, paperless, and based on self-declaration. PAN and GST
*****Unseen bias causes loan applications by women entrepreneurs to be delayed or rejected more often’ | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-unseen-bias-causes-loan-applications-by-women-entrepreneurs-to-be-delayed-or-rejected-more-often/2598063/ Credit and Finance for MSMEs: The government needs to increase the funding being directed toward women entrepreneurs. If the loans can be granted