Clipped from: https://www.business-standard.com/article/economy-policy/rupee-settlement-to-help-india-trade-with-russia-iran-and-others-experts-122071200415_1.html On Monday, the Reserve Bank of India said it had put in place a mechanism for international trade settlements in Indian rupees (INR)
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.
Ahead of inflation data, understanding how CPI is linked to RBI and markets | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/ahead-of-inflation-data-understanding-how-cpi-is-linked-to-rbi-and-markets-122071200839_1.html The Reserve Bank of India (RBI) hiked the benchmark interest rate, or repo rate, in May and then in June to control demand
Major GST issues in real estate sector | The Financial Express
Clipped from: https://www.financialexpress.com/money/major-gst-issues-in-real-estate-sector/2591266/ GST was introduced with the sole purpose of easing out compliances and avoiding the cascading of taxes. However, the purpose somewhere appears to
*******10 taxation and investment related benefits exclusively available to senior citizens | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/10-taxation-and-investment-related-benefits-exclusively-available-to-senior-citizens/2591270/ Here are 10 investment and taxation related benefits that are exclusively available to senior citizens. There are several tax benefits available to senior
Banks to report mark-to-market losses of Rs 13,000 crore on rising bond yields: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-to-report-mark-to-market-losses-of-rs-13000-crore-on-rising-bond-yields-report/articleshow/92827930.cms Synopsis The banks have a higher holding of government securities, especially the ones with longer tenors, in their investment portfolios due to which
*******HRA–Own two houses? Here’s how to claim tax deduction on HRA and home loan repayment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/own-two-houses-heres-how-to-claim-tax-deduction-on-hra-and-home-loan-repayment/articleshow/92804548.cms Synopsis A self-occupied house gives you two avenues of saving taxes which are the payment of interest and repayment of principal. You can
*Green Card: Waiting time for employer-sponsored green cards rises – The Economic Times
<div pseudo=”-webkit-input-placeholder” id=”placeholder” style=”color: rgb(96, 94, 92); display: block !important;”><br class=”Apple-interchange-newline”>Add a note…</div><div></div> Clipped from: https://economictimes.indiatimes.com/nri/migrate/wait-time-for-employer-sponsored-green-cards-rises/articleshow/92795999.cms Synopsis Employers can opt to pay $2,500 fee, compared to
Prospects of a global recession looms. Small businesses prepare for trial by fire – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/prospects-of-a-global-recession-looms-small-businesses-prepare-for-trial-by-fire/articleshow/92817438.cms SynopsisTalk around the dreaded R-word (recession) is getting louder as inflation, geopolitical tensions and supply chain disruptions hammer the global economy. What does
NCLT directs tax department to return TDS to bankrupt Precision Fasteners – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/nclt-directs-tax-department-to-return-tds-to-bankrupt-precision-fasteners/articleshow/92828089.cms Synopsis The liquidator of the company had approached the Mumbai bench of the National Company Law Tribunal (NCLT) to recover about Rs 1
*****The emerging stress in imports: Surprisingly, it’s coal more than oil | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/trade-deficit-stress-for-india-as-fuel-coal-electronics-imports-spike-122071101043_1.html More than oil, as the demand for coal shoots up even further in the economy, it has become the new pressure point in
*Bank of Maharashtra bucks the trend, cuts MCLR by 20-35 basis points | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bank-of-maharashtra-cuts-mclr-by-up-to-20-35-bps-across-tenors-122071100362_1.html The state-owned lender cut overnight and one-month MCLR by 25 bps to 6.90 per cent and 7 per cent Six-month and one-year MCLR
*A first half worth forgetting | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/a-first-half-worth-forgetting-122071200019_1.html Contrasting narratives are plausible and in play after a truly terrible six months for the markets The year so far has proved to
*Rupee falls to new low as US dollar index rises to fresh 20-year high | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-falls-to-new-low-as-us-dollar-index-rises-to-fresh-20-year-high-122071101563_1.html The domestic currency ended at 79.44 as against 79.25 at the previous close Foreign portfolio investors have net sold Indian assets worth $30.3
*****At 1.79 million, demat accounts opened in June fewest since Feb 2021 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/at-1-79-million-new-demat-accounts-opened-in-june-lowest-since-feb-2021-122071101465_1.html The total demat count now stands at 96.5 million, with 16 million new accounts getting added during the first half of 2022 –
*Hotels, restaurants workers demand pay hike after service charge ban | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/hotels-restaurants-workers-demand-pay-hike-after-service-charge-ban-122071101308_1.html Industry experts say that while restaurants will increase the food prices there is no certainty on it going to staff as it will
*****Saving Sri Lanka | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/saving-sri-lanka-122071200013_1.html India will have to take the lead The scenes beamed around the world from Sri Lanka, in which a vast sea of protestors
*******Future imperfect | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/future-imperfect-122071101470_1.html The gradual loss of momentum of growth in sentiments can be traced to the deterioration in consumer expectations from the future The Index
*******Understanding inflation in the US | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/understanding-inflation-in-the-us-122071200026_1.html Lessons from economics and history need to be applied appropriately by the public authorities to the changing situations The inflation rate in the US touched
Is commodity prices spike sparking emerging markets crises? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-commodity-prices-spike-sparking-emerging-markets-crises/article65628178.ece Food and fuel price increases have wreaked havoc and fuelled inflation in many developing economies. But their debt problems cannot be blamed on
RBI allows international trade settlement in Rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-allows-international-trade-settlement-in-rupee/article65627903.ece This comes even as the rupee sank to new low; may help in trade with countries such as Russia, Iran and Sri Lanka
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