Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/the-dollar-route-to-india-inc-loans/articleshow/92883707.cms Synopsis Both external debt as a ratio of gross domestic product (GDP) and debt service as a ratio of export of goods and
Category: ART
*IT jobs: IT majors cut back on hiring – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/it-majors-cut-back-on-hiring/articleshow/92860970.cms Synopsis Cos have reduced fresh hiring by more than half in Q1 as demand starts to level off. Terming this downtrend as normalisation
*******Rouble trouble, a unique opportunity for India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rouble-trouble-a-unique-opportunity-for-india/article65640791.ece Boosting ties with Russia will strengthen India’s energy and national security In a year which saw a storm in all currency markets, Russia’s
right to repair: Customers can now freely repair or alter products; All you need to know about ‘Right to Repair’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/customers-can-now-freely-repair-or-alter-products-all-you-need-to-know-about-right-to-repair/articleshow/92871011.cms Synopsis The ‘Right to Repair’ framework announced today is intended to empower consumers in the local market by harmonising trade between the original
us recession news: Indian bonds will suffer most in Asia in a US recession scenario – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/bonds/indian-bonds-will-suffer-most-in-asia-in-a-us-recession-scenario/articleshow/92868083.cms Synopsis Indian bonds have declined in tandem with a slide in the rupee. The currency is now hovering close to a record low
Visa Delays: Indian travellers are caught in a summer of chaos, with visa delays and grounded flights – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/visit/indian-travellers-find-themselves-caught-in-a-summer-of-chaos-with-visa-delays-and-grounded-flights/articleshow/92867976.cms Synopsis “There has been a massive spike in visa demand. We’re experiencing unprecedented volumes — between 20,000 to 23,000 visa applications daily on
Front-running scandal rocks a $31 billion Indian investing giant – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/analysis/front-running-scandal-rocks-a-31-billion-indian-investing-giant/articleshow/92868620.cms Synopsis The fund in early July submitted its findings to regulators and said it had evidence to believe that the terminated executives had
*****Record surge in India’s imports from China in first half of 2022 – The Hindu
Clipped from: https://www.thehindu.com/news/international/record-surge-in-indias-imports-from-china-in-first-half-of-2022/article65634874.ece China’s overall export performance in June showed a recovery, up 13.2%, with total trade up 14.3% in June Two-way trade in 2021 crossed
*Micro Labs under lens for Rs 300 crore income tax evasion | The Financial Express
lipped from: https://www.financialexpress.com/industry/micro-labs-under-lens-for-rs-300-crore-income-tax-evasion/2593272/ Separately, unallowable freebies expenses worth Rs 1,000 crore detected The company has also provided freebies worth Rs 1,000 crore by debiting in its
*IT majors cut back on hiring – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/it-majors-cut-back-on-hiring/articleshow/92860970.cms Synopsis Cos have reduced fresh hiring by more than half in Q1 as demand starts to level off. Terming this downtrend as normalisation
*******Should you take car insurance linked to distance, driving style? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/motor-insurance/should-you-take-car-insurance-linked-to-distance-driving-style/articleshow/92844055.cms Synopsis Pay-as-you-drive policies allow buyers to set a mileage limit for their car and offer them discounts over the normal premium. The lower
*Ease of doing business: It takes 22 days to clear a ship in Indian ports. China does it in 5 – The Economic Times
Ease of doing business: It takes 22 days to clear a ship in Indian ports. China does it in 5 – The Economic Times https://economictimes.indiatimes.com/small-biz/trade/exports/insights/ease-of-doing-business-it-takes-22-days-to-clear-a-ship-in-indian-ports-china-does-it-in-5/articleshow/92842899.cms
Banks’ customer interface raises questions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/banks-customer-interface-raises-questions/article65636646.ece The core activities of a bank are best handled by its employees. Making right choices in outsourcing support services is key Recently, State
*******All about the funding winter for start-ups – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/bl-explainer-all-about-the-funding-winter-for-start-ups/article65634481.ece Funding in the Indian start-up ecosystem has fallen by 40 per cent to $6.8 billion in the second quarter of calendar year 2022
*******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
*Phensedyl: When medicine becomes malady: smuggling of cough syrup Phensedyl rampant, even fakes join the fray – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/pharma-and-healthcare/when-medicine-becomes-malady-smuggling-of-cough-syrup-phensedyl-rampant-even-fakes-join-the-fray/primearticleshow/92836381.cms SynopsisOver the decades, smuggling of the popular medicine near the Bangladesh and Myanmar borders has acquired monstrous proportions. Manufacturer Abbott and law-enforcement agencies
*IndusInd Bank: ED investigating case on remittance transactions during 2011-14 – The Hindu BusinessLineq
Clipped from: https://www.thehindubusinessline.com/money-and-banking/indusind-bank-ed-investigating-caseon-remittance-transactions-during-2011-14/article65634880.ece Filed STRs, police complaints; have no credit exposure to entities, says bank Private sector lender IndusInd Bank on Wednesday said the Directorate of
*Google bans these four malicious apps. Delete them or risk your money – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-bans-these-four-malicious-apps-delete-them-or-risk-your-money/article65635264.ece Google takes down malicious apps over security concern Google, world’s largest search engine technology, has taken down four application from its Play Store.
CAD as percentage of GDP: Nowhere near 2012-13 level, yet worrisome | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cad-as-percentage-of-gdp-nowhere-near-2012-13-level-yet-worrisome-122071300822_1.html If up to $50 billion is withdrawn from forex reserves to finance CAD, the country would still be able to meet nine month’s
Wall Street falls after red-hot inflation data; Nasdaq down 1.5% | Business Standard News
Clipped from: https://www.business-standard.com/article/international/wall-st-opens-sharply-lower-after-red-hot-inflation-data-nasdaq-down-1-8-122071301238_1.html US inflation accelerated in June by more than forecast, underscoring relentless price pressures that keep the Federal Reserve on track for another big