lipped from: https://www.taxscan.in/depreciation-allowable-on-goodwill-itat/175818/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Goodwill Top Stories By Rasheela Basheer – On May 18, 2022 1:25 pm The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the depreciation is
Author: Anil R Tikotekar
*****Rein in cotton hoarding: Textile industry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/rein-in-cotton-hoarding-textile-industry/article65424498.ece Industry has urged the govt to remove cotton from the list of commodities traded on the commodity exchanges NAGARA GOPAL | Photo Credit:
*New age IPO valuations are too disruptive – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/new-age-ipo-valuations-are-too-disruptive/article65424482.ece Valuation should be based on visible, if not tangible, assets and value propositions istock.com/lakshmiprasad S lakshmiprasad S | Photo Credit: lakshmiprasad S Raising
We will arrest the fall in market share: LIC chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/we-will-arrest-the-fall-in-market-share-lic-chief/article65424475.ece Apart from focusing on agency channel, to ramp up digital and bancassurance segments Amidst weak global sentiments, the initial public offering of Life
*****Food, fuel push April wholesale inflation to all-time high of 15.08% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/food-fuel-push-april-wholesale-inflation-to-all-time-high-of-1508/article65424414.ece Pricier energy, metals due to supply-side bottlenecks add to input cost pressures for producers Producers’ inflation, based on the Wholesale Price Index (WPI),
*****Disappointing debut | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/disappointing-debut-122051701581_1.html LIC’s discounted valuation didn’t help The listing of the Life Insurance Corporation (LIC), after its mega-initial public offering (IPO), indicates weak market sentiment. The issue
*****RBI’s multiple battles | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rbi-s-multiple-battles-122051701589_1.html It should not defend currency to contain inflation The next few quarters will be extremely challenging for the Reserve Bank of India (RBI). The consumer
US commission votes to process all green card applications within 6 months | Business Standard News
Clipped from: https://www.business-standard.com/article/international/us-commission-votes-to-process-all-green-card-applications-within-6-months-122051800040_1.html A Green Card, known officially as a Permanent Resident Card, is a document issued to immigrants to the US as evidence that the
*****Indonesian export ban brings India’s edible oil dependency back in focus | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/indonesian-export-ban-brings-india-s-edible-oil-dependency-back-in-focus-122051701553_1.html Indonesia’s ban on palm oil exports has refocused attention on the efficacy of the government’s policy to boost domestic production Recently, a senior
*LIC shares drop 8% below issue price on debut, end at Rs 873 apiece | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/lic-shares-drop-8-below-issue-price-on-debut-end-at-rs-873-apiece-122051701018_1.html The insurance behemoth’s shares hit an intra-day low of Rs 860 and a high of Rs 920, not coming closer to the issue
*A weak rupee spells more trouble for consumer durables companies | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/a-weak-rupee-spells-more-trouble-for-consumer-durables-companies-122051701602_1.html The first of a four-part series looks at its impact on consumer durables As the rupee continues to slide against the dollar, it has added
*****Why is India going against the grain? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/why-is-india-going-against-the-grain/articleshow/91604153.cms Synopsis The other two food groups that saw runaway inflation are vegetables at 15.41% and edible oils at 17.28%. These three groups have
*****Profiting from loss: Why ICICI Lombard is happy to lose market share – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/icici-lombard-losing-market-share-for-right-reason/articleshow/91612380.cms SynopsisICICI Lombard and Bajaj Allianz are 2 of the most efficient players accounting for almost half of the industry profits of the last
*****India Wholesale Price Inflation: India’s WPI inflation at 17-year high threatens small businesses – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/indias-wpi-inflation-at-17-year-high-threatens-small-businesses/articleshow/91619848.cms Synopsis Annual wholesale price inflation, a proxy for producers’ prices, climbed to 15.08% in April, remaining in double-digits for the 13th month in
*****RBI’s move to raise rates, good monsoon will help contain inflation: CII prez – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbis-move-to-raise-rates-good-monsoon-will-help-contain-inflation-cii-prez/articleshow/91597596.cms Synopsis The Reserve Bank’s decision to raise benchmark interest rates and the likelihood of a good monsoon will help in containing inflation, Sanjiv
*****Inflation India: How a detergent could have helped RBI act swiftly on inflation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/how-a-detergent-could-have-helped-rbi-act-swiftly-on-inflation/articleshow/91587940.cms Synopsis “Almost 30% of our business comes from packs that operate at magic price points,” Ritesh Tiwari, the chief financial officer of Hindustan
*****What India’s u-turn on wheat exports means for world markets – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/agriculture/what-indias-u-turn-on-wheat-exports-means-for-world-markets/articleshow/91599487.cms Synopsis Lower output coupled with strong export demand then pushed local prices higher, often above the government’s fixed procurement price. India’s ban on
*****india export ban: Why did India suddenly ban wheat exports? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/why-did-india-suddenly-ban-wheat-exports/articleshow/91597372.cms Synopsis India previously said it was ready to help fill some of the supply shortages caused by the February invasion of Ukraine, which
*****The probability of stagflation worries mkts: Valentis Advisors MD Jaipuria | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/the-probability-of-stagflation-worries-mkts-valentis-advisors-md-jaipuria-122051500845_1.html In conversation with Sundar Sethuraman, he says foreign flows may move to some of the under-performing markets within the emerging markets (EMs) Jyotivardhan
*****NPA: A monster created by RBI’s forbearance? | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/npa-a-monster-created-by-rbi-s-forbearance-122051500897_1.html In August 2008, the RBI allowed banks to restructure bad debt. It was a one-time measure put in place till June 30, 2009,