Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/it-stocks-slide-after-tcs-q1-miss-some-feel-any-further-fall-could-trigger-buying/articleshow/92814660.cms Synopsis The weaker-than-expected TCS earnings added to existing concerns over a potential US recession that is feared to hurt deal pipeline for IT
Category: ART
The scam faultline is damaging Indian banking – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-scam-faultline-is-damaging-indian-banking/article65628245.ece More steps to prevent frauds are needed which include tightening the internal and external audit systems of banks ‘While the Government of India
*Neighbours, Russia can help convert 16.38% of India’s trade into rupees | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/neighbours-russia-can-help-convert-16-38-of-india-s-trade-into-rupees-122071200484_1.html The rupee’s use in trade settlement would help the RBI in conserving foreign exchange. India’s forex reserves have fallen by more than Rs
*Rupee settlement to help India trade with Russia, Iran and others: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-settlement-to-help-india-trade-with-russia-iran-and-others-experts-122071200415_1.html On Monday, the Reserve Bank of India said it had put in place a mechanism for international trade settlements in Indian rupees (INR)
*Green Card: Waiting time for employer-sponsored green cards rises – The Economic Times
<div pseudo=”-webkit-input-placeholder” id=”placeholder” style=”color: rgb(96, 94, 92); display: block !important;”><br class=”Apple-interchange-newline”>Add a note…</div><div></div> Clipped from: https://economictimes.indiatimes.com/nri/migrate/wait-time-for-employer-sponsored-green-cards-rises/articleshow/92795999.cms Synopsis Employers can opt to pay $2,500 fee, compared to
*A first half worth forgetting | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/a-first-half-worth-forgetting-122071200019_1.html Contrasting narratives are plausible and in play after a truly terrible six months for the markets The year so far has proved to
*****At 1.79 million, demat accounts opened in June fewest since Feb 2021 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/at-1-79-million-new-demat-accounts-opened-in-june-lowest-since-feb-2021-122071101465_1.html The total demat count now stands at 96.5 million, with 16 million new accounts getting added during the first half of 2022 –
*Hotels, restaurants workers demand pay hike after service charge ban | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/hotels-restaurants-workers-demand-pay-hike-after-service-charge-ban-122071101308_1.html Industry experts say that while restaurants will increase the food prices there is no certainty on it going to staff as it will
*****Saving Sri Lanka | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/saving-sri-lanka-122071200013_1.html India will have to take the lead The scenes beamed around the world from Sri Lanka, in which a vast sea of protestors
*Vivo ED Case: Vivo asks ED to unfreeze bank accounts, says action ‘jeopardising existence,’ disrupting ops – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/vivo-asks-ed-to-unfreeze-accounts-says-action-jeopardising-existence/articleshow/92814251.cms Synopsis Yes Bank, Bank of Baroda, HSBC, ICICI Bank, Citibank, IDBI Bank, HDFC Bank, Standard Chartered Bank and DBS Bank operate Vivo India’s
*****India External Debt: Centre allays concerns over $620.7 bn external debt, says its share only 21% – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/centre-allays-concerns-over-620-7-b-external-debt-says-its-share-only-21/articleshow/92811944.cms Synopsis The government on Monday dismissed apprehensions about India’s external debt, saying out of India’s total external liability of $620.7 billion, the Centre’s
*Retail inflation likely held steady just above 7% in June: Report | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/india-inflation-likely-held-steady-just-above-7-in-june-poll-8022756/ The July 4-8 Reuters poll of 42 economists showed inflation as measured by the consumer price index (CPI) was steady at an annual
*RBI allows settlement in rupee to settle trade with Russia, Sri Lanka | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-allows-settlement-in-rupee-to-settle-trade-with-russia-sri-lanka-122071101185_1.html Exchange rate of two trading partners may be market determined, says central bank Photo: Bloomberg The Reserve Bank of India (RBI) has allowed trade settlement between India
*Start-up slowdown | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/start-up-slowdown-122071000495_1.html *Raising funds is becoming difficult Around last year this time, unicorns (essentially tech-focused start-ups with a valuation of $1 billion or more) were popping up
*12 million child marriages rival the population of J&K, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/12-million-child-marriages-rival-the-population-of-j-k-shows-data-122071000505_1.html As many of 7.84 million (65 per cent) married children were female, reinforcing the fact that girls are significantly more disadvantaged Photo: Shutterstock
*******Govts should mobilise more domestic resources via tax reforms: Albert Park | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govts-should-mobilise-more-domestic-resources-via-tax-reforms-adb-official-122071000419_1.html In an Q&A, ADB Chief Economist Albert Park tells that countries in region may not be able to carry on with large expenditures
Despite structural inequality, small acts of kindness have value | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/despite-structural-inequality-small-acts-of-kindness-have-value-8021318/ Our society is unequal and no amount of do-gooding will bring about any significant structural change. But that does not mean that one
How will a US recession play out for India, other emerging markets? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/how-will-a-us-recession-play-out-for-india-other-emerging-markets/articleshow/92789413.cms Synopsis Since the peak in October 2021, the Indian market has been in correction mode, with over $40 billion in FPI selling. That’s
How hackers are using YouTube videos to trick people into installing malware – Times of India
Clipped from: https://timesofindia.indiatimes.com/gadgets-news/explained-how-hackers-are-using-youtube-videos-to-trick-people-into-installing-malware/articleshow/92720155.cms The malware that is being spread using the Youtube videos is called PennyWise which is capable of stealing all kinds of user data
As external environment becomes challenging, RBI moves to boost inflows, anticipating pressures ahead | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/rbi-moves-to-boost-inflows-anticipating-pressures-ahead-8015851/ For the entire first quarter, the deficit was more than double the level observed last year, and many analysts are now expecting the