Clipped from: https://www.financialexpress.com/economy/rbis-steps-to-have-positive-impact-on-capital-inflows-rupee-dea-secretary/2586690/ The central bank on Wednesday announced a series of measures to boost foreign exchange inflows, including permitting overseas investors to buy short-term corporate
Category: ART
*No signs of slowdown in attrition at TCS; firm says it has enough hands | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/no-signs-of-slowdown-in-attrition-at-tcs-firm-says-it-has-enough-hands-122070801272_1.html TCS which had shared in Q4 of FY22 the hiring target of 40,000 for FY23, said the target remains Photo: Shutterstock Attrition at India’s
*Revving up in low gear: The paradoxes in India’s transport sector | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/revving-up-with-brakes-on-the-paradoxes-in-india-s-transport-sector-122070800816_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 No Indian airline makes money, railways’ passenger traffic is stagnant, and roads have a revenue imbalance problem, but investments in all three are
*******BNPL products do not have enough consumer protection measures: Dvara Research – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bnpl-products-do-not-have-enough-consumer-protection-measures-dvara-research/article65615569.ece Customers are at risk of unknowingly incurring debt, says report Buy Now Pay Later products, which are growing in popularity, have monetary costs
Govt’s ‘oil shock’ for domestic players – The Hindu BusinessLine
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
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