Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/despite-higher-taxes-on-gold-imports-current-account-deficit-to-more-than-double-reports/articleshow/92635581.cms Synopsis While the export duty on oil could improve govt finances marginally, the raising of import costs for gold is unlikely to curb
Category: ART
Windfall tax to recoup most of Rs 1 lakh cr revenue lost in excise cuts | The Financial Express
Clipped from: https://www.financialexpress.com/economy/windfall-tax-to-recoup-most-of-rs-1-lakh-cr-revenue-lost-in-excise-cuts/2580885/ India on July 1 joined a select league of nations globally that have taxed windfall gains accruing to oil companies from soaring energy
indian stocks: FIIs dump Indian stocks worth Rs 50,000 crore in June. Is the worse ahead? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/fiis-dump-indian-stocks-worth-rs-50000-crore-in-june-is-the-worse-ahead/articleshow/92610891.cms Synopsis The relentless FPI selling has to be seen in the context of steadily rising dollar and bond yields in the US, Vijayakumar
Do we need to worry about fat finger trade? | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-do-we-need-to-worry-about-fat-finger-trade/2565762/ Even though fat finger mistakes create chaos in the market within a fraction of seconds, the market and the market players are resilient
It’s Dhoni, it’s Gilchrist, no it’s Rishabh Pant | Sports News,The Indian Express
Clipped from: https://indianexpress.com/article/sports/cricket/its-dhoni-its-gilchrist-no-its-rishabh-pant-8004081/ With a combination of breath-taking swagger and percentage cricket, India’s crisis man shows he is a worthy Gilchrist reincarnation. Pant, in Tests at
Professional Loan for CAs, Doctors: Here’s everything you need to know | The Financial Express
lipped from: https://www.financialexpress.com/money/professional-loan-for-cas-doctors-heres-everything-you-need-to-know/2579393/ If you are a professional like a doctor or a CA who is looking forward to expanding a business but do not have
Defending oil taxes, Finance Minister Nirmala Sitharaman says weak rupee making imports costlier | The Financial Express
Clipped from: https://www.financialexpress.com/economy/defending-oil-taxes-finance-minister-nirmala-sitharaman-says-weak-rupee-making-imports-costlier/2579452/ The rupee hit its all-time low of 79.12 against dollar during the intra-day trade but recovered to close at 78.94 (provisional) against the
Hdfc Bank News: HDFC Bank struggling to recover funds from customers it made millionaires accidentally – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/hdfc-bank-struggling-to-recover-funds-from-customers-it-made-millionaires-accidentally/articleshow/92598356.cms Synopsis According to BQ Prime, some of the customers who haven’t been cooperating in the recovery process have complained of harassment by the
*Stagflation risks rising: RBI chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/stagflation-risks-rising-rbi-chief/article65587389.ece ‘Central banks must remain focussed on their responsibility to maintain financial stability’ The Reserve Bank of India, on Thursday, said risks of stagflation
The unsung workers: Why social security is vital for gig workers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/the-unsung-workers-why-social-security-is-vital-for-gig-workers/article65587342.ece istock/Artur | Photo Credit: Artur Why social security is vital for gig workers The workforce worldwide has evolved from hierarchical, enclosed assemblies to
Security at sunset – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/security-at-sunset/article65587406.ece A new universal pension scheme that is superior to EPS must be designed for informal workers With MSMEs, start-ups and platform companies expanding
Tax on digital assets: Impact on NFTs limited for now but industry seeks more clarity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/tax-on-digital-assets-impact-on-nfts-limited-for-now-but-industry-seeks-more-clarity/article65587350.ece Industry players point out that NFTs are still at a nascent stage in the country with not too many investors and low awareness
AP, Gujarat, TN among Top 7 in ease-of-doing business reforms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/ap-gujarat-tn-among-top-7-in-ease-of-doing-business-reforms/article65587426.ece Finance Minister Nirmala Sitharaman releasing the BRAP 2020 report in New Delhi, on Thursday, as Commerce and Industries Minister Piyush Goyal looks on
Gross NPAs of banks fall to six-year low of 5.9% in March – The Hindu BusinessLine
Clipped from: https://www.business-standard.com/article/economy-policy/five-years-of-gst-collections-up-but-filings-decline-shows-data-122070100019_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 A Business Standard analysis found that returns filed under GSTR-3B declined 13.8 per cent YoY in FY22 An average of 7.9 million returns
Govt raises import duty on gold to 15% from 10.75% to curtail CAD | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/govt-raises-import-duty-on-gold-to-12-5-from-7-5-122070100292_1.html Last year, the government had cut the tax on gold imports to 7.5% in the Union Budget Photo: Bloomberg India has raised its
India feels the heat as investors face brutal emerging markets selloff | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/india-feels-the-heat-as-investors-face-brutal-emerging-markets-selloff-122070100992_1.html The government raised import taxes on gold, while increasing levies on exports of gasoline and diesel in an attempt to control a fast-widening
GST Council meet: The Goose Point Theorem for rate rationalisation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/gst-council-meet-the-goose-point-theorem-for-rate-rationalisation-122063000298_1.html The real issue before taxation lies in identifying the Goose Point and the way goes through ‘neutral goods’ So, the GST Council meeting, held at
*Platform economy | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/platform-economy-122063001400_1.html Entitlement extension should be calibrated The Union government’s think tank, NITI Aayog, has released a new policy brief titled “India’s Booming Gig and
Rupee relatively better placed than other global currencies against USD: FM | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/rupee-relatively-better-placed-than-other-global-currencies-against-usd-fm-122063000615_1.html The rupee breached the psychologically significant level of 79 per dollar level for the first time ever on Wednesday and has also hit
Wall Street plunges, S&P 500 set for worst first-half since 1970 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/us-stocks-open-lower-on-mounting-growth-worries/articleshow/92576612.cms U.S. stocks tumbled on Thursday, setting the S&P 500 for its worst first six months since 1970, on concerns that central banks determined