Clipped from: https://www.thehindubusinessline.com/news/world/biden-warns-us-inflation-could-last-for-a-while/article65516901.ece Surging costs have become a political headache for the Biden administration, which have tried several measures to lower prices President Joe Biden cautioned
Category: ART
India is likely to gain more from the emerging global economic order: TV Somanathan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/india-is-likely-to-gain-more-from-the-emerging-global-economic-order-tv-somanathan/article65518224.ece “If we continue to grow at 6-7 per cent a year, we will be way ahead of many countries” The old global economic
Number of income tax returns rising: CBDT Chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/number-of-income-tax-returns-rising-cbdt-chairman/articleshow/92146960.cms Synopsis The Board is witnessing an increase in tax collection, which usually happens if the country is showing an upward trend in economic
Can you sue the US government if your immigration process is delayed? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/can-you-sue-the-us-government-if-your-immigration-process-is-delayed/articleshow/92147286.cms Synopsis Fundamentally, is litigation against delays in the immigration process a viable option in your case? The answer is perhaps it is, but
Banker to 467 million Indians says loan demand is bouncing back – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banker-to-467-million-indians-says-loan-demand-is-bouncing-back/articleshow/92154731.cms Synopsis The rising demand for loans means SBI will have to shore up its capital adequacy ratio, since it is hovering at less
*****State of concern – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/state-of-concern/article65514483.ece States need to urgently act in pruning non-essential expenditure and knocking down their debt to prudent levels As the economy begins a gradual
PMC Bank case fallout: RBI asks UCBs to make higher provisions | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/pmc-bank-case-fallout-rbi-asks-ucbs-to-make-higher-provisions-122061001158_1.html The RBI said the new circular has been warranted by the fact that UCBs have met the conditions already laid out Photo: Bloomberg
Bears tighten grip: Sensex crashes 1,000 pts on mounting inflation worries | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sensex-falls-1-000-pts-on-mounting-inflation-worries-nifty-ends-at-16-202-122061001200_1.html FPIs sell shares worth Rs 4,000 crore; US inflation hits new 4-decade high The market breadth was negative, with 2,101 stocks declining and
Rs 3.2 trn of investor wealth wiped off. Why did the Sensex fall on Friday? | Business Standard News
lipped from: https://www.business-standard.com/article/markets/rs-2-7-trillion-investor-wealth-wiped-off-what-made-sensex-nifty-tumble-122061000283_1.html The market’s confidence has been shaken as persistently elevated levels of commodity prices, and disrupted supply chains continue to be a double whammy
Rupee plunges to all-time low of 77.84/$ amid rising crude oil prices | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rupee-in-free-fall-plunges-to-all-time-low-of-77-84-against-dollar-122061001057_1.html The currency closed at a record low of 77.84 against the dollar after hitting 77.88 in intraday trading. The rupee hit a fresh all-time low
*****Export curbs, higher energy prices may spike trade deficit further in FY23 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/export-curbs-higher-energy-prices-may-spike-trade-deficit-further-in-fy23-122061000765_1.html Revenues from the export of industrial metals would also take a hit from a decline in metal prices According to India Ratings &
*Credit card linkage to UPI: Uncertainty over pricing leaves players in dark | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/credit-card-linkage-to-upi-uncertainty-over-pricing-leaves-players-in-dark-122061000566_1.html There is no clarity on whether linking to UPI facility will be extended to credit cards of other card networks, such as Visa,
*Fitch lauds Indian economic recovery, ups outlook from negative to stable | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fitch-lauds-indian-economic-recovery-in-fy22-ups-outlook-from-negative-to-stable-122061000316_1.html The agency said that high inflation and hence high nominal GDP growth will benefit the debt-GDP ratio Photo: Shutterstock Global ratings agency Fitch on Friday
War causing severe cost-of-living crisis no country can escape: UN | Business Standard News
Clipped from: https://www.business-standard.com/article/international/war-causing-severe-cost-of-living-crisis-no-country-can-escape-un-122061000054_1.html An FAO index of food prices surged to a record earlier this year as Russia’s invasion of Ukraine curtails shipments from one of
Current account deficit likely to hit three-year high at $43.8 bn in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/current-account-deficit-likely-to-hit-three-year-high-at-43-8-bn-in-fy22-122060900749_1.html The country’s current account deficit is likely to hit a three-year high of 1.8 per cent or USD 43.81 billion in FY22, as
Wage cost inflation may moderate IT players’ profit margins by 1.5% | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/wage-cost-inflation-may-moderate-it-players-profit-margins-by-1-5-122061000043_1.html The shrinking will be over and above the narrowing of up to 3.50 per cent on the operating profit margin front for most
*Oil shock: What the RBI can do | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/oil-shock-what-the-rbi-can-do-122060901256_1.html The absolute oil price rises at a very high rate and the absolute prices of other goods and services rise somewhat at their
FY23 tax collection likely to be better than budget estimate: Revenue Secy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/fy23-tax-collection-likely-to-be-better-than-budget-estimate-revenue-secy-122060900944_1.html The country’s tax collections soared to a record high of Rs 27.07 lakh crore last year, compared to budget estimate of Rs 22.17
*As FDI gets pricey, China rushes to calm frustrated foreign investors | Business Standard News
Clipped from: https://www.business-standard.com/article/international/after-unprecedented-shanghai-lockdown-china-s-step-to-calm-foreign-firms-122061000196_1.html In recent weeks, Chinese leaders, while denying that there is an exodus of foreign firms, are putting more emphasis on the concerns of
*Increasing equity exposure | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/increasing-equity-exposure-122060901231_1.html EPFO should first fix the basics How should an institution managing retirement funds invest? Should it aim to minimise risk and invest in