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
Category: ART
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
MF industry AUM hit 11-month low, stocks of 4 firms underperform | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/mf-industry-aum-hit-11-month-low-at-rs-35-64-trn-122071301206_1.html The mutual fund industry – which makes money managing assets – has seen zero growth in 11 months. Photo: Shutterstock The assets managed
ED probing some entities, employees over irregularities, says IndusInd Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/ed-probing-some-entities-employees-over-irregularities-says-indusind-bank-122071301036_1.html IndusInd Bank says it has no credit exposure to the entities being investigated The FIR, dated July 9, was filed with the Chennai
Windfall tax review more likely now after fall in global crude prices | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/windfall-tax-review-more-likely-now-after-fall-in-global-crude-prices-122071300560_1.html Post windfall tax, the realised spread on diesel and gasoline has fallen to near loss-making levels while the realisation on aviation fuel and
Google to slow hiring for the rest of the year as recession looms | Business Standard News
Clipped from: https://www.business-standard.com/article/international/here-s-alphabet-ceo-sundar-pichai-s-memo-on-google-s-hiring-slowdown-122071300289_1.html Sundar Pichai said the company will focus on hiring “engineering, technical and other critical roles,” in 2022 and 2023 Alphabet CEO Sundar Pichai
How the RBI is creating conditions for foreign flows to come back to India | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/how-the-rbi-is-creating-conditions-for-foreign-flows-to-come-back-to-india-122071300776_1.html The RBI announced five measures on July 6 to further liberalise foreign exchange. The measures are aimed at creating a more enabling environment