Clipped from: https://www.thehindubusinessline.com/economy/up-aar-transfer-of-lucknow-airport-to-adani-transfer-of-going-concern-does-not-attract-gst/article65643711.ece Gujarat AAR ruled on a similar line for Ahmedabad Airport too Transfer of business from Lucknow Airport by Airport Authority of India (AAI)
Author: Anil R Tikotekar
*******Educated, but no work: Covid spurs jobless rate among graduates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/educated-but-no-work-covid-accelerates-unemployment-rate-among-graduates/article65643658.ece More than half the graduates in Rajasthan have no jobs, shows CMIE data India is currently staring at a massive unemployment rate of
*Google Play Store updates replacing ‘Permissions’ section with ‘Data Safety’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-play-store-replaces-permissions-with-data-safety/article65643525.ece ‘Data Safety’ section provides information to users about all the data an app requires Google have brought in a major update to its
*****Steel prices crash 13-15 per cent in July – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/steel-prices-crash-13-15-per-cent-in-july/article65644258.ece Seasonal dip in demand, recessionary pressures across the globe and an impending slowdown in China seen as reasons Global steel prices, including export
Fall in rupee against USD lower than many major currency – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/fall-in-rupee-against-usd-lower-than-many-major-currency/article65644534.ece Indian rupee money bag and red arrow down. Economic difficulties. Capital flight, high risks. Costs expenses. Crisis, loss savings. Stagnation, recession, declining business
G-Sec yields rise on fears of aggressive Fed rate rate hike and rising crude oil price – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/g-sec-yields-rise-on-fears-of-aggressive-fed-rate-rate-hike-and-rising-crude-oil-price/article65644917.ece Floating Rate Bond devolves on PDs at the auction Government securities (G-Secs) prices declined on Friday, tracking US Treasury yields, as the bond
ITR 2021-22: These high-value transactions must be declared in your return | Business Standard News
lipped from: https://www.business-standard.com/article/pf/itr-2021-22-these-high-value-transactions-must-be-declared-in-your-return-122071500205_1.html Such transactions attract special attention from the income tax (I-T) department and are mandatory to be furnished. If not, they may lead to
*****GST rate hike comes in effect from Monday: Here’s what will get costlier | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-rate-hike-comes-in-effect-from-monday-here-s-what-will-get-costlier-122071500484_1.html From next week, many household items, hotels, and bank services among other things will get costlier From next week, many household items, hotels,
*******india gdp growth: Aurodeep Nandi on why Nomura more concerned about 2023 growth prospects – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/nomura-more-concerned-about-2023-where-india-gdp-growth-forecast-cut-to-4-7-aurodeep-nandi/articleshow/92899045.cms SECTIONS Aurodeep Nandi on why Nomura more concerned about 2023 growth prospects Last Updated: Jul 15, 2022, 03:56 PM IST Synopsis “What is
Rupee News: Rupee touching 80 to a dollar doesn’t mean Indian fundamentals are very weak: Mythili Bhusnurmath – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/expert-view/rupee-touching-rs-80-to-a-dollar-doesnt-mean-indian-fundamentals-are-very-weak-mythili-bhusnurmath/articleshow/92890764.cms SECTIONS Rupee touching 80 to a dollar doesn’t mean Indian fundamentals are very weak: Mythili Bhusnurmath By Tamanna Inamdar ,Last Updated: Jul 15,
*******india inflation: Inflation will come down to 6.3% by March and to 5.5% by FY24: Indranil Sengupta – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/inflation-will-come-down-to-6-3-by-march-and-to-5-5-by-fy24-indranil-sengupta/articleshow/92900446.cms SECTIONS Inflation will come down to 6.3% by March and to 5.5% by FY24: Indranil Sengupta Last Updated: Jul 15, 2022, 04:47 PM
MSME News: MSMEs bounce back with normalising repayments: SIDBI MD Sivasubramanian Ramann – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-bounce-back-with-normalising-repayments-sidbi-md-sivasubramanian-ramann/articleshow/92881202.cms Small Industries Development Bank of India (SIDBI), the biggest lender in the vital SME segment, believes the damage to the financial system would be
trade deficit: Imports eclipse exports growth, fuel CAD fears – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indias-overall-exports-climbs-23-yoy-in-june-imports-jump-55-7/articleshow/92894221.cms Synopsis India’s overall exports, merchandise and services combined, are estimated to have grown 22.95% year-on-year in June 2022, at around US$ 64.91 billion,
*Centre hopes to roll out Labour Codes in the next three to four months – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/centre-hopes-to-roll-out-labour-codes-in-the-next-three-to-four-months/article65639058.ece Discussions largely completed but mid-year roll out may be problematic The Centre is hoping that the much delayed Labour Codes are implemented in
*Curbing MF insider trading – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/curbing-mf-insider-trading/article65640079.ece Such a regime for MFs is much-needed, but needs to go hand-in-hand with strict material disclosures The Securities and Exchange Board of India’s
*****Trade deficit at record $26.18 billion in June as imports of oil, coal, gold soar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/trade-deficit-at-record-2618-billion-in-june-as-imports-of-oil-coal-gold-soar/article65639763.ece Exports during the month rise 23.52 per cent to $40.13 billion; imports swell 57.55 per cent to $66.31 billion The country’s goods exports
*****Rupee falls to new low vs US dollar with 100-bp Fed rate hike on cards | Business Standard News
lipped from: https://www.business-standard.com/article/markets/rupee-nears-80-level-vs-us-dollar-with-100-bp-fed-rate-hike-on-cards-122071401386_1.html Rupee which had closed at 79.64/$ at its previous close, slipped to a low of 79.92/$ intraday Photo: Brent Lewin/Bloomberg The rupee closed at 79.88
*******It’s prudent to file nil ITR even if your income is below Rs 2.5 lakh | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/it-s-prudent-to-file-nil-itr-even-if-your-income-is-below-rs-2-5-lakh-122071401035_1.html Filing income tax return will prove handy while applying for a loan, insurance cover, or a visa If an ordinarily resident taxpayer has
*******’Right to Repair’: Soon, consumers & third-party vendors may fix products | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-plans-right-to-repair-to-let-consumers-third-party-repair-products-122071401142_1.html Committee identifies farming equipment, cell phones, consumer durables among sectors for policy The government will make it mandatory for car, cell phone and other consumer goods companies
******OneCard is India’s 104th unicorn, raises $100 mn in Series D led by Temasek | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/onecard-is-india-s-104th-unicorn-raises-100-mn-in-series-d-led-by-temasek-122071401287_1.html The latest round by OneCard, owned by Pune-based FPL Technologies, also saw investment from existing investors such as QED, Sequoia Capital, and Hummigbird