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
Category: ART
*****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
*****Proposed Indo-Pacific trade bloc: Here’s a look at what is in it for India | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/proposed-indo-pacific-trade-bloc-here-s-a-look-at-what-is-in-it-for-india-122052401759_1.html Apart from the four Quad members, IPEF includes Brunei Darussalam, Indonesia, South Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand and Vietnam PM
*****Govt announces import relief for edible oil; cut in sugar exports next | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-to-curb-sugar-exports-slash-edible-oil-tariffs-to-tame-price-spike-122052401554_1.html Move follows ban on wheat export to rein in inflation Since February 2021, the government reduced the duty on edible oils six times
*****Quad countries make $50-bn infra push for Indo-Pacific to counter China | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/quad-countries-make-50-bn-infra-push-for-indo-pacific-to-counter-china-122052500004_1.html Without naming Sri Lanka, the Quad leaders also resolved to address debt issues of countries in the region (Left to right) Australian Prime
*****All hands on deck: On Centre’s duty cut on petro products – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/all-hands-on-deck/article65453833.ece After Centre’s duty cut, States must do the same with their taxes After Centre’s duty cut, States must do the same with their
*****What affects your credit score? Find out | The Financial Express
Clipped from: https://www.financialexpress.com/money/what-affects-your-credit-score-find-out/2536404/ Missing even a single EMI deadline can lower your credit score significantly and it might take a long duration to make up for