Clipped from: https://www.thehindubusinessline.com/opinion/govts-oil-shock-for-domestic-players/article65617536.ece The recent excise and export duties levied on the oil sector have left both industry and consumers high and dry While the G7
Category: ART
europe stock markets: Europe stares at recession; Russia appears to be on track beating predictions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/europe-stares-at-recession-russia-appears-to-be-on-track-beating-predictions/articleshow/92731208.cms Synopsis Shares tumbled in London and across Europe as a jump in natural gas prices intensified the strain on the European economy, according
Will tokenisation make your credit and debit card transactions safer? | The Financial Express
lipped from: https://www.financialexpress.com/money/will-tokenisation-make-your-credit-and-debit-card-transactions-safer/2587369/ Online transactions are going to be much safer now with the introduction of a new data security process, known as tokenisation, by the
capital flow: Tested method to reverse capital flow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/tested-method-to-reverse-capital-flow/articleshow/92732551.cms Synopsis At current levels of the rupee, the RBI’s intervention in the forex market has been designed to track fundamentals. This is expected
foreign currency deposits: Re deposits more attractive for banks despite measures from RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/re-deposits-more-attractive-for-banks-despite-measures-from-rbi/articleshow/92735373.cms Synopsis In FY14, banks had raised a record $27 billion through the FCNR(B) route after the RBI removed interest rate caps and also
*****Working capital utilisation by sectors linked to geo-political tensions impacted: SBI report – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/working-capital-utilisation-by-sectors-linked-to-geo-political-tensions-impacted-sbi-report/article65610504.ece Credit growth at ₹2.6-lakh cr far outstripped bank deposit growth at ₹1.04-lakh cr in the current year Working capital utilisation by sectors specifically
*Rupee, bonds, equity market bounce back – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/rupee-bonds-equity-market-bounce-back/article65612824.ece Steps taken by RBI, dip in crude oil prices aid the momentum The host of measures announced by the Reserve Bank of India
*****RBI steps in with measures to boost forex flows, stem Re slump – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/rbi-steps-in-with-measures-to-boost-forex-flows-stem-re-slump/article65609536.ece In the backdrop of global uncertainties and the continuing weakness of the rupee against the US dollar, the Reserve Bank of India on
*Rupee gains but market unsure of inflows amid global rush to US dollar | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rupee-gains-but-market-unsure-of-inflows-amid-global-rush-to-us-dollar-122070700960_1.html The rupee settled at 79.18 per US dollar as against 79.30 per US dollar on Wednesday Photo: Brent Lewin/Bloomberg The rupee gained against the US
After wheat, India now curbs the export of wheat flour and related products | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/after-wheat-india-now-curbs-the-export-of-wheat-flour-and-related-products-122070700135_1.html The Centre has made it mandatory for all exporters to seek prior permission from the inter-ministerial committee on wheat export before undertaking any
Windfall tax, new export, import duties may fetch exchequer over Rs 1 trn | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/money-for-something-how-much-will-new-taxes-add-to-govt-coffers-122070701143_1.html Likely to boost elbow room for additional govt capital expenditure; experts see net estimated gains of 0.2-0.3% of GDP on fiscal revenues The
*FM Sitharaman asks PSBs to join account aggregator system by July-end | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/onboard-account-aggregator-system-by-july-end-fm-sitharaman-to-psbs-122070701169_1.html Account aggregator ecosystem helps banks leverage digital data of customers, with their consent, to provide better service Union Finance Minister Nirmala Sitharaman Finance
*Wall Street says a recession is coming. Consumers say it’s already here | Business Standard News
Clipped from: https://www.business-standard.com/article/international/wall-street-says-a-recession-is-coming-consumers-say-it-s-already-here-122070600778_1.html Layered on top of the inflation squeeze are the mounting concerns about the outlook for economic growth, not just this year, but into
*******Edible oil prices will soften by Rs 15/litre in a few weeks: Industry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/edible-oil-prices-will-soften-by-rs-15-litre-in-a-few-weeks-industry-122070601305_1.html Decision arrived at today during a meeting between industry players & officials Globally, palm oil, the world’s most consumed edible oil, has plunged
Centre sets out rules on disbursing Rs 1 trillion capex funds to states | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-sets-out-rules-on-disbursing-rs-1-trillion-capex-funds-to-states-122070601238_1.html Funds provided to the states under the scheme will be used for new and ongoing capital projects as well as for settling pending
RBI liberalises norms to boost forex inflows | The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-liberalises-norms-to-boost-forex-inflows/2585074/ The measures include easing norms for FPI investment in debt market, and increasing the External Commercial Borrowing (ECB) limit under the automatic route
Retail investors take a back seat in stock markets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/retail-investors-take-a-back-seat-in-stock-markets/article65608719.ece The market share of retail investors in India’s stock market has reduced in the past few months and so have their direct flows
India not inclined to accept G7 plan to cap Russian oil price – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/india-not-inclined-to-accept-g7-plan-to-cap-russian-oil-price/article65608833.ece Concerns emerge that such a cap may lead to Russia stopping its oil exports, leading to recession India is not inclined to accept
*****Corporate defaults may rise again on cost pressures: Report | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/companies/corporate-defaults-may-rise-again-on-cost-pressures-report-8011919/ As per the report, the default rate may increase going forward as the pandemic-induced relief measures are withdrawn and volatile input prices create
All you need to know about Digilocker and its functionality
Clipped from: https://www.gadgetsnow.com/featured/all-you-need-to-know-about-digilocker-and-its-functionality/articleshow/92684708.cms The evolution of technology has been a boon for users who want things done at their fingertips. Be it sharing real-time updates on