Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/clear-up-the-ratings-confusion-sebi-rbi/articleshow/91842467.cms Synopsis A credit rating is an expression of an opinion in a standardised form. And the rating assigned to a given debt shows
Category: ART
Woman gets 15 months in prison for punching flight attendant – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/woman-gets-15-months-in-prison-for-punching-flight-attendant/articleshow/91845848.cms Synopsis The 29-year-old Sacramento woman is prohibited from flying for three years while she is on supervised release and must participate in anger
Insurers, banks order probes in the wake of Axis Mutual Fund controversy – The Economic Times
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
*****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