Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/insurers-banks-order-probes-in-the-wake-of-axis-mutual-fund-controversy/articleshow/91843193.cms Synopsis After reports that two Axis MF executives were implicated in front running – or, purchasing or selling shares based on non-public information
Category: ART
*****Why aviation industry is a tempting target for cyberattacks | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/decoded-why-aviation-industry-is-a-tempting-target-for-cyberattacks-122052701407_1.html Airlines and aviation systems need to secure customer data, and also data transmission to ground controls At least 280 R-ware attacks were reported
*Wheat markets still on the edge a fortnight after govt’s export ban | Business Standard News
Clipped from: https://www.thehindu.com/business/markets/sebi-tweaks-sop-in-case-of-defaults-by-trading-clearing-members/article65467062.ece The regulator, in consultation with the Market Infrastructure Institutions, has decided to modify the framework. The logo of the Securities and Exchange Board
*High WPI may put pressure on retail inflation: RBI – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/high-wpi-may-put-pressure-on-retail-inflation-rbi-335373-2022-05-27 The RBI also said that the cost-push pressures from high industrial raw material prices, transportation costs and global logistics, and supply chain bottlenecks
*****Sustaining asset quality in PSBs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/sustaining-asset-quality-in-psbs/article65464510.ece A continuous tweaking of the credit risk management systems to the evolving macro environment holds the key It is noteworthy that public sector
*****Banks need to be watchful on restructured advances, warns RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-need-to-be-watchful-on-restructured-advances-warns-rbi/article65466257.ece With the unwinding of support measures, some of the restructured accounts might face solvency concerns, says RBI Banks need to be watchful of
*****Crude economics | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/crude-economics-122052501648_1.html India needs deeper fiscal reforms India’s macroeconomic outlook often changes, depending on the level of crude oil prices. As a large importer of energy,
*No legal right with candidate on mere application of job: SC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/no-legal-right-with-candidate-on-mere-application-of-job-sc/article65463135.ece The apex court, however, clarified that this is different from holding that the employer is free to act in an arbitrary manner A
*CBIC instructs no coercive action during search and seizure for recovery of dues – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/cbic-instructs-no-coercive-action-during-search-and-seizure-for-recovery-of-dues/article65463214.ece If it happens, then disciplinary action may be taken against the tax official The Central Board of Indirect Taxes and Custom (CBIC) has
*****FinMin revises cash management guidelines, permits use of unspent balances from one quarter to next – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/finmin-revises-cash-management-guidelines-permits-use-of-unspent-balances-from-one-quarter-to-next/article65463734.ece Expenditure capping for fourth quarter, March restored The Finance Ministry has permitted Central Ministries and Departments to carry forward unspent money in the
*****Don’t swing between ban and incentives – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/dont-swing-between-ban-and-incentives/articleshow/91797020.cms Synopsis Scrapping the customs duty and agriculture infrastructure development cess on the import of crude soyabean oil and crude sunflower oil (2022-23 and
*****SBI YONO app: Who is eligible for instant loan of up to Rs 35 lakh via SBI YONO app – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/who-is-eligible-for-instant-loan-of-up-to-rs-35-lakh-via-sbi-yono-app/articleshow/91811706.cms Synopsis State Bank of India (SBI), the country’s largest lender, has launched Real Time Xpress Credit (RTXC) on its YONO platform with the
*****Cybersecurity: Cisco launches tool to help SMBs gauge cybersecurity preparedness
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cisco-launches-tool-to-help-smbs-gauge-cybersecurity-preparedness/articleshow/91808225.cms Synopsis Cybersecurity has become a key focus area for organizations as they embrace hybrid work, allowing employees to securely work from anywhere and
*FPI equity sales since Oct now at Rs 2 lakh crore; here’s why experts feel the cycle hasn’t yet peaked – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/fpi-equity-sales-since-oct-now-at-rs-2-lakh-crore-heres-why-experts-feel-the-cycle-hasnt-yet-peaked/articleshow/91809635.cms Synopsis With those ultra-loose monetary policies – necessary at the time to prevent economic collapse-now feeding into multi-year high inflation in several countries,
*****Inflation casts shadow over GDP growth prospects – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/inflation-casts-a-shadow-on-gdp-growth-prospects/article65463206.ece Global rating agency S&P lowers growth forecast for most countries over weaker Q1 in many countries, higher energy and commodity prices, and slower
*****Moody’s cuts India GDP growth forecast, says inflation will eat into economy; Check revised estimate | The Financial Express
Clipped from: https://www.financialexpress.com/economy/moodys-cuts-india-gdp-growth-forecast-says-inflation-will-eat-into-economy-check-revised-estimate/2538592/ Rate hike to prevent energy and food inflation from becoming more generalized will slow the demand recovery’s momentum. The rise in crude oil,
*****Monetary policy impact on India Inc and real estate sector | The Financial Express
Clipped from: https://www.financialexpress.com/money/monetary-policy-impact-on-india-inc-and-real-estate-sector/2537344/ The real estate sector is expected to see higher traction from the demand and supply sides, with more significant government and private spending
*****Billionaire investor Bill Ackman explains why share market is imploding: Investors lose confidence in US Fed | The Financial Express
Clipped from: https://www.financialexpress.com/market/billionaire-investor-bill-ackman-explains-why-share-market-is-imploding-investors-lose-confidence-in-us-fed/2537408/ “There is no prospect for a material reduction in inflation unless the Fed aggressively raises rates, or the stock market crashes, catalyzing an
*****The risk of the fiscal that fuel cuts bring – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/the-risk-of-the-fiscal-that-fuel-cuts-bring/articleshow/91773459.cms Synopsis The revenue forgone on duty reductions on petrol and diesel is expected to be in excess of ₹1 lakh crore for the
*****When the country is going through a crunch like this, additional taxation may be the answer: Mythili Bhusnurmath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/when-the-country-is-going-through-a-crunch-like-this-additional-taxation-may-be-the-answer-mythili-bhusnurmath/articleshow/91780686.cms SECTIONS When the country is going through a crunch like this, additional taxation may be the answer: Mythili Bhusnurmath By Tamanna Inamdar ,Last