Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/policy-in-pocket-eye-on-the-rupee/articleshow/92941327.cms Synopsis India is losing some of its export competitiveness against emerging economies whose currencies are falling faster. The rupee is tracking trade fundamentals with RBI managing a
Category: ART
Charting the Global Economy: The risk of a euro-area recession is growing – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/charting-the-global-economy-the-risk-of-a-euro-area-recession-is-growing/articleshow/92931235.cms Synopsis Recession calls are growing in Europe amid record-high inflation and weakening investor confidence, though the planned reopening of a key Russian gas
*******Swiss top court quashes move to stall transfer of info to India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/swiss-top-court-quashes-move-to-stall-transfer-of-info-to-india/articleshow/92941112.cms Synopsis Court says Switzerland can share info on bank a/cs, trusts even if money’s not distributed. The Swiss Federal Supreme Court has ruled that even
*****Companies with overseas liabilities rush to cover currency risk – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/companies-with-overseas-liabilities-rush-to-cover-currency-risk/articleshow/92943366.cms Synopsis With the rupee breaching the psychological ₹80 versus the US dollar for the first time and the spot market USD-INR gauge heading
*Brookfield to buy 51% stake in Bharti Enterprises’ 4 commercial properties for ₹5,000 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/canadas-brookfield-to-buy-51-per-cent-stake-in-4-commercial-properties-of-bharti-enterprises-for-rs-5000-crore/article65280999.ece Worldmark Aerocity (Delhi), Worldmark 65, Airtel Center (Gurgaon) and Pavillion Mall (Ludhiana) have a total area of 3.3 million square feet New Delh,
*Mid-size IT firms forced to move where talent is – small towns – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/with-resistance-to-getting-back-to-office-smaller-it-firms-set-up-centres-closer-to-employees-home-town/article65650266.ece With many refusing to exit the WfH mode hastening the move; Ramco Systems and Access Healthcare are setting up centres at Madurai, while
*AP man donates his retirement funds for SSY scheme, gets PM Modi’s pat
lipped from: https://www.deccanchronicle.com/nation/politics/300522/pm-hails-ram-bhupal-for-giving-his-retirement-benefits-to-100-girls-un.html Markapuram Rambhupal Reddy. (DC) Nellore: Prime Minister Narendra Modi heaped praise on Markapuram Rambhupal Reddy of Andhra Pradesh during 89th episode of Mann Ki
*******New GST googly: Gifted IPL tickets are no longer free – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/new-gst-googly-gifted-ipl-tickets-are-no-longer-free/articleshow/92907738.cms Synopsis This would mean that any IPL franchise owner gifting complimentary tickets to its employees will have to cough up GST on the
*Settling trade in rupee: FTP tweaks may allow traders export benefits | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-to-soon-make-amendments-to-ftp-for-settling-trade-in-rupees-122071401325_1.html?code=NTM4OTU9MTIyMDcxNDAxMzI1 It is not clear if the changes will be part of the existing FTP or the new policy that the DGFT hopes to
*****Subrata Mitra writes: No winners in Russia-Ukraine war, but an opportunity for India–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/russia-ukraine-war-nato-zelenskiy-8030080/ Subrata Mitra writes: NATO, aware of the very real threat of Russia’s nuclear option, cannot do more. And Russia, in possession of territory
*inflation: How to invest when inflation is bad and a recession may loom – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/stocks/news/how-to-invest-when-inflation-is-bad-and-a-recession-may-loom/articleshow/92898342.cms Synopsis If the economy were to fall into a prolonged and deep recession, the stock market might plunge further and not recover for
*directorate general of revenue intelligence: Customs can put tracking devices on ‘suspect’ goods – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/customs-can-put-tracking-devices-on-suspect-goods/articleshow/92907326.cms Synopsis As per the CBIC notification, if a proper officer having a reasonable belief that a suspect consignment is being imported into or
*******Central banks: Redeeming credibility | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/central-banks-redeeming-credibility-122071501472_1.html Central banks seem to have forgotten that there is one role, viz. controlling inflation, which is solely their responsibility The world over, central banks are
*******Let India export foodgrains from public stock: FM Sitharaman at G20 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/allow-india-to-export-public-stock-foodgrains-to-nations-in-need-fm-122071501325_1.html Says India could help in reducing hunger or food insecurity Union Finance Minister Nirmala Sitharaman | Photo: PTI India should be allowed to
*Rupee at life-time low to hit imports, overseas education, travel – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/forex/rupee-at-life-time-low-to-hit-imports-overseas-education-travel/article65643755.ece Rupee ends at 79.8775 against the dollar The rupee hit a record low on Friday as foreign investors continued to dump riskier assets
*******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
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
*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
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