Category: ART
New trend in gold demand [ demand rising along side price increase ]–will likely escalate import bill –skew the trade balance and trigger foreien exchange outflows [2] Household savings invested in gold are stockpiled and locked out of the financial system [3] Further useful information is given in the editorial and also suggested are ways to tackle the issue–from long term perspective – Courtey BL
Continued [1] historically, bulk of India’s gold purchases has been from jewellery buyers looking to meet wedding commitments, or to use as collateral during distress.
Spouse income can’t be accessed via RTI, Delhi HC stresses privacy law | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/spouse-income-can-t-be-accessed-via-rti-delhi-hc-stresses-privacy-law-126050400709_1.html Court says RTI cannot be used to access spouse income, points to legal route for maintenance disputes and disclosures A spouse cannot use
*****Banks not probe agencies, can’t freeze accounts arbitrarily: Allahabad HC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/banks-not-probe-agencies-can-t-freeze-accounts-arbitrarily-allahabad-hc-126050101082_1.html A division bench of Justice Shekhar B Saraf and Justice Avadhesh Kumar Chaudhary imposed a cost of ₹50,000 on Indian Overseas Bank for
*Digitisation can be toxic – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/digitisation-can-be-toxic/article70925699.ece A safer way to deal with e-waste is urgently needed Over the past decade, India has witnessed a digital transformation of extraordinary scale.
*****Why the rupee has fallen steeply – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-the-rupee-has-fallen-steeply/article70921489.ece Despite the economy doing well, there was sustained foreign capital outflow which put pressure on the rupee and affected the sentiment around it
Frequent Windows update-led shutdowns set to reduce soon: What’s changing | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/frequent-windows-update-led-shutdowns-set-to-reduce-soon-what-s-changing-126042700264_1.html Microsoft is rolling out an update for Windows 11 to give users more control, reduce forced restarts, and make updates less disruptive with
FinMin asks PSBs to complete wage revision process in next 12 months – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/finmin-asks-psbs-to-complete-wage-revision-process-in-next-12-months/article70908064.ece The wage revision for employees and officers of public sector banks would be due from November 1, 2027 Public sector banks (PSBs) and
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