Clipped from: https://www.thehindubusinessline.com/economy/ibbi-mandates-insolvency-professionals-to-raise-bills-only-in-their-names/article65628084.ece Also mandates RPs to disclose relationship with corporate debtor, financial creditors and resolution applicants Insolvency regulator IBBI has mandated that insolvency professionals should
Author: Anil R Tikotekar
Gaming GST Rates: GST on gaming and gambling: Don’t ‘game over’ before it has even begun – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/gst-on-gaming-and-gambling-dont-game-over-before-it-has-even-begun/articleshow/92812277.cms Synopsis Caught between a perception that online games are nothing but a rich man’s gambit that only whips up greed and promotes gambling,
*Vivo ED Case: Vivo asks ED to unfreeze bank accounts, says action ‘jeopardising existence,’ disrupting ops – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/vivo-asks-ed-to-unfreeze-accounts-says-action-jeopardising-existence/articleshow/92814251.cms Synopsis Yes Bank, Bank of Baroda, HSBC, ICICI Bank, Citibank, IDBI Bank, HDFC Bank, Standard Chartered Bank and DBS Bank operate Vivo India’s
*******High inflation, low incomes, budget deficit: Here’s what is pushing Europe into an economic dark age – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/high-inflation-low-incomes-budget-deficit-heres-what-is-pushing-europe-into-an-economic-dark-age/primearticleshow/92809636.cms SynopsisEurope is staring at a lost decade. While the Russia-Ukraine war has resulted in higher food and fuel prices, the delay in labour-market
*****India External Debt: Centre allays concerns over $620.7 bn external debt, says its share only 21% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/centre-allays-concerns-over-620-7-b-external-debt-says-its-share-only-21/articleshow/92811944.cms Synopsis The government on Monday dismissed apprehensions about India’s external debt, saying out of India’s total external liability of $620.7 billion, the Centre’s
*Retail inflation likely held steady just above 7% in June: Report | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/india-inflation-likely-held-steady-just-above-7-in-june-poll-8022756/ The July 4-8 Reuters poll of 42 economists showed inflation as measured by the consumer price index (CPI) was steady at an annual
*TCS Share Price Today, July 11, 2022: TCS shares fall 4.7% post Q1 Earnings
Clipped from: https://indianexpress.com/article/business/market/tcs-share-price-today-july-11-q1-june-quarter-profit-earnings-results-dividend-8021650/ Tata Consultancy Services (TCS) Share Price, 11 July 2022: The TCS stock fell 4.70 per cent to end at Rs 3,112.00 apiece on
*TCS Q1 results: Premium valuation will come under pressure – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/tcs-q1-results-premium-valuation-will-come-under-pressure/article65626001.ece Investors must wait for more correction before considering investing in the stock While TCS’ revenue growth in the last two years was underperforming
*Tax Query:What if your employer calculates HRA exemption incorrectly? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-what-if-your-employer-calculates-hra-exemption-incorrectly/article65615619.ece You may claim the correct exemption amount while filing your return of income for the respective year I want to know about HRA
*Some MPC members may push for more aggressive rate hike – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/some-mpc-members-may-push-for-more-aggressive-rate-hike/article65627265.ece Some members of the MPC favour rate hikes to ensure that inflation comes back in the range of 2-6% Some members of the
*Tractor exports hit historic high in June; production and sales too soar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/tractor-exports-hit-historic-high-in-june-production-and-sales-too-soar/article65627137.ece For the 13th month in a row, tractor exports stay above 10,000 levels; Q1 exports grew 32% June proved to be a strong month
*TCS Q1 review: Brokerages caution against early signs of demand slowdown | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/tcs-q1-review-brokerages-caution-against-early-signs-of-demand-slowdown-122071100255_1.html The company has indicated that the near-term demand outlook remains strong, but senior-level client executives have started discussing a potential recession, said Nomura.
*RBI allows settlement in rupee to settle trade with Russia, Sri Lanka | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-allows-settlement-in-rupee-to-settle-trade-with-russia-sri-lanka-122071101185_1.html Exchange rate of two trading partners may be market determined, says central bank Photo: Bloomberg The Reserve Bank of India (RBI) has allowed trade settlement between India
*Forex reserves & rupee’s exchange rate: What are they and how are they related? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/forex-reserves-rupee-exchange-rate-explained-8021551/ In this edition of ExplainSpeaking, we look at forex reserves and exchange rates, how they impact each other, and why it’s necessary to
*****Levying GST on games of skill can be tricky – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/levying-gst-on-games-of-skill-can-be-tricky/article65624518.ece The government must take a holistic approach, else revenues could fall and users may shift to unregulated foreign portals The Group of Ministers
*Start-up slowdown | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/start-up-slowdown-122071000495_1.html *Raising funds is becoming difficult Around last year this time, unicorns (essentially tech-focused start-ups with a valuation of $1 billion or more) were popping up
*12 million child marriages rival the population of J&K, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/12-million-child-marriages-rival-the-population-of-j-k-shows-data-122071000505_1.html As many of 7.84 million (65 per cent) married children were female, reinforcing the fact that girls are significantly more disadvantaged Photo: Shutterstock
*******Govts should mobilise more domestic resources via tax reforms: Albert Park | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govts-should-mobilise-more-domestic-resources-via-tax-reforms-adb-official-122071000419_1.html In an Q&A, ADB Chief Economist Albert Park tells that countries in region may not be able to carry on with large expenditures
*****India can reach 8% sustained growth: Ex-NITI Aayog vice-chairman Panagariya | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-can-reach-8-sustained-economic-growth-says-arvind-panagariya-122071000463_1.html ‘I fully support the capex push. I do not believe in sector specific interventions’, said Panagariya Arvind Panagariya Apart from pressures on the
*Sebi mulls making ‘market risk factor disclosures’ to help investors | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-mulls-making-market-risk-factor-disclosures-to-help-investors-122071000334_1.html The move, which is still in a preliminary stage of discussion, can help investors avoid a herd mentality that has been particularly witnessed