Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/rupee-work-its-way-to-a-guided-descent/articleshow/93012926.cms Synopsis The Reserve Bank of India (RBI) has at its disposal the world’s fifth-largest foreign exchange stockpile that can cover the country’s current
Category: ART
The rupee challenge: RBI need not defend rupee and should hike rates only to the extent needed to tame inflation | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-rupee-challenge-rbi-need-not-defend-rupee-and-should-hike-rates-only-to-the-extent-needed-to-tame-inflation/2599335/ RBI believes the rupee is fairly valued and would not be uncomfortable with the rupee depreciating to levels just beyond the 80 mark,
Hurtling to 80 and beyond – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/hurtling-to-80-and-beyond/article65663337.ece Conversations on why the rupee is falling, and more Netaji, realising that he is now moving into morbid obesity, recently started going to
How dollar hegemony is gradually receding – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-dollar-hegemony-is-gradually-receding/article65663386.ece The US no longer has the largest share of global trade and most countries are reducing dollar holdings in their reserves Dollar’s uneasy
Banks urge RBI to extend HTM leeway beyond Mar 2023 as bond losses pile up | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/give-htm-latitude-of-bond-portfolios-beyond-march-2023-banks-to-rbi-122072001134_1.html Bankers have sought permission to park a larger quantum of securities in the portfolio than is currently permitted amid an environment of rising
RBI prepared to spend $100 bn more for defending rupee, says report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-prepared-to-spend-100-bn-more-for-defending-rupee-says-report-122072000412_1.html Most analysts and traders believe worst is yet to come for the rupee, despite the RBI’s intent to defend the currency and India’s
*How an email set off alarm bells at Sebi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/how-an-email-set-off-alarm-bells-at-sebi/articleshow/92966571.cms SynopsisOn Saturday, Sebi issued a press release saying it had recently noted a “cyber security incident” in its email system, which was undergoing
The weaker side of generosity | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-weaker-side-of-generosity-122071901515_1.html High dividend payouts reflect low growth expectations An analysis of India’s largest corporations — those comprising the BSE500 index — shows dividend payouts, which are profits repatriated
*1,000 passenger complaints received against Air India in 3 months: Govt | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/1-000-passenger-complaints-received-against-air-india-in-3-months-govt-122071900839_1.html DGCA on June 14 said it imposed a fine of Rs 10 lakh on Air India for denying boarding to passengers holding valid
Govt’s plastic straw ban to curb pollution leaves Indian consumers thirsty | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-s-plastic-straw-ban-to-curb-pollution-leaves-indian-consumers-thirsty-122072000116_1.html With 19 single-use plastic items banned from July 1, including the straws, companies including Dabur India Ltd. and Parle Agro Pvt, have been
*Google relaxes Play Store fee in Europe – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-relaxes-play-store-fee-in-europe/article65658601.ece Google announces non-gaming app developers can offer EEA users an alternative to Play’s billing system After facing backlash from developers, Google on Tuesday
Banks want special recovery tribunals for high-value debts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-want-special-recovery-tribunals-for-high-value-debts/article65657565.ece Over 1.6 lakh cases pending at debt recovery tribunals as at February 2022 Banks have petitioned the Finance Ministry to set up special debt
*In 2021, over 1.6 lakh Indians renounced citizenship – The Hindu
Clipped from: https://www.thehindu.com/news/national/in-2021-over-16-lakh-indians-renounced-citizenship/article65658065.ece?homepage=true India The Hindu Bureau NEW DELHI July 19, 2022 22:24 IST Updated: July 19, 2022 22:39 IST The Hindu Bureau NEW DELHI July 19, 2022 22:24
*The five-day work week might be fading away – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-five-day-work-week-might-be-fading-away/article65655152.ece Instead, an old idea, a four-day work week, could become a reality, shaping the future of staff engagement ‘A four-day work week for
*Cart before the horse: on bail law in India – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/cart-before-the-horse-on-bail-law-in-india/article65654741.ece Police should not arrest first and then fish for a possible offence Police should not arrest first and then fish for a possible
*Unicorn on a bike: how Rapido fought Ola and Uber to win big in small rides – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/unicorn-on-a-bike-how-rapido-fought-ola-and-uber-to-win-big-in-small-rides/primearticleshow/92963964.cms SynopsisThe latest Swiggy-led funding round put Rapido’s valuation around USD830 million. This is impressive for a startup that survived on just USD2 million
*Uber adds safety net: Riders can now share live location updates with cops | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/new-uber-safety-feature-shares-live-location-updates-with-police-122071801163_1.html Riders or drivers will be able to share their live location along with their name and contact details at the swipe of a
*Priority is that buyers should get flats: Supreme Court on Amrapali row | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/priority-that-buyers-should-get-flats-supreme-court-on-amrapali-row-122071801115_1.html The Supreme Court Monday clarified that its priority is that hassled home buyers of Amrapali Group of companies get their homes and thereafter
*India’s rising medical devices imports hurt small and medium units | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-rising-medical-devices-imports-hurt-small-and-medium-units-122071801395_1.html China accounts for about one-fifth of FY22 numbers; 41% surge overall The reason Chinese imports rose is that several traders realised that it
*India accounts for more than 13% of global start-up layoffs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/india-accounts-for-more-than-13-of-global-start-up-layoffs/article65654197.ece Data for April-July show start-ups downsize, rethink expansion as funds dry up Start-ups have been facing a tough time since the last quarter