Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/we-dont-see-trais-proposed-kyc-based-caller-id-mechanism-as-competitive-service-truecaller-ceo/articleshow/91767018.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The statement by Truecaller CEO and co-founder Alan Mamedi assumes significance as sector regulator Telecom Regulatory Authority of India (Trai) is soon
Category: ART
*Govt mulls tax cut on soybean and sunflower oil to cool prices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/food/govt-mulls-tax-cut-on-soybean-and-sunflower-oil-to-cool-prices/articleshow/91768893.cms Synopsis Curbing the tax could be one of the limited options available for the government to reduce surging vegetable oil prices in the
*****Fuel a long-term strategy for oil now – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/fuel-a-long-term-strategy-for-oil-now/articleshow/91728651.cms Synopsis 70% of diesel and 99.6% of petrol are used in transportation. Aggregating energy demand, introducing efficiencies and encouraging alternatives must be the
*****RBI will have to continue hiking rates for the next few quarters to get inflation under control – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-rbi-will-have-to-continue-hiking-rates-for-the-next-few-quarters-to-get-inflation-under-control/articleshow/91750794.cms Synopsis Post-pandemic, however, with the potential growth rate having fallen to 6-6.5%, RBI is likely to work with 0-25 bps positive real rate
*After 3 months of Ukraine war, life in Russia has profoundly changed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/after-3-months-of-ukraine-war-life-in-russia-has-profoundly-changed/articleshow/91749824.cms Synopsis Three months after the Feb. 24 invasion, many ordinary Russians are reeling from those blows to their livelihoods and emotions. Moscow’s vast
*Suppliers in spot as ITC, Cargill cancel wheat buying contracts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/agriculture/suppliers-in-spot-as-itc-cargill-cancel-wheat-buying-contracts/articleshow/91753756.cms Shambhavi Anand Editor, The Economic Times Synopsis India imposed the ban after domestic wheat and flour prices surged and a heatwave was expected
*****Limited impact | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/limited-impact-122052200873_1.html Tax cuts will not lower inflation significantly It was perhaps only a matter of time before the Union government acted to address public
*****Unexpected, but also unacceptable | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/unexpected-but-also-unacceptable-122052200911_1.html Russian invasion’s multi-dimensional impact, and India’s meek acceptance of the damage done to its economy The Russian invasion of Ukraine has upended the global recovery
*****All NPS schemes will now indicate risk profiles | The Financial Express
Clipped from: https://www.financialexpress.com/money/national-pension-system-all-nps-schemes-will-now-indicate-risk-profiles/2533821/ Based on the scheme characteristics, pension funds will have to assign a risk level for the seven schemes. For equity, parameters for risk
*****ITR filing is mandatory in 10 situations – Check if you fall in any of them | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/itr-filing-is-mandatory-in-10-situations-check-if-you-fall-in-any-of-them/2534367/ Section 139 lists certain situations wherein ITR filing by an individual is mandatory even if no tax has been deducted from his income
*****Repo rate hike ‘no brainer’ says RBI’s Shaktikanta Das; brace for more hikes in upcoming monetary policy meets | The Financial Express
Clipped from: https://www.financialexpress.com/economy/repo-rate-hike-no-brainer-rbis-shaktikanta-das-says-brace-for-more-hikes-in-upcoming-monetary-policy-meets/2534504/ In an interview to CNBC TV18, Das said he won’t be able to specify the rate, though he added that it would not
Joe Biden says a US recession not inevitable, pain to last ‘some time’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/joe-biden-says-a-us-recession-not-inevitable-pain-to-last-some-time/articleshow/91736068.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis Biden acknowledged the impact that severe supply shortages and high energy prices are having on U.S. families. He said his administration was
*****Banks to stop collateral-free intra-day funding to brokers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/banks-to-stop-collateral-free-intra-day-funding-to-brokers/articleshow/91731697.cms Synopsis Till now, such intra-day exposures to market intermediaries – unlike guarantees to a broker or longer-tenor loans to finance proprietary trades –
RBI rate hike: Expectations of higher rates ‘a no brainer’, RBI Governor Das says – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/expectations-of-higher-rates-a-no-brainer-rbi-governor-das-says/articleshow/91737868.cms Synopsis The Reserve Bank of India Governor Shaktikanta Das has said that the central bank wants to raise interest rates in the next
I have no choice but to find answers to what has happened here: Ankiti Bose, ousted CEO of Zilingo – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/i-have-no-choice-but-to-find-answers-to-what-has-happened-here-ankiti-bose-ousted-ceo-of-zilingo/primearticleshow/91731851.cms SynopsisBose, co-founder of the Sequoia-backed fashion B2B commerce firm, maintains that the board kept her in the dark on the complaints against her
*****Why banks may not be able to pass on rate hikes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/why-banks-may-not-be-able-to-pass-on-rate-hikes/article65443446.ece Being the first major interest rate hike since 2018, banks may have to weigh profitability vs. loan growth Following RBI’s repo rate hike
*Govt waives import duty on some raw materials to rein in prices – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/govt-waives-import-duty-on-raw-materials-for-steel-industry-export-duty-on-iron-ore-hiked-up-to-50/article65443653.ece Cuts customs duty on coking coal and ferronickel; hikes duty on iron ore exports by up to 50 per cent The government has
*****India Inc employees continue to battle mental health issues – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/india-inc-employees-continue-to-battle-mental-health-issues/articleshow/91714854.cms Synopsis Data from psychological health platform InnerHour shows that the volume of callers seeking counselling support on its helplines is 6-7 times of
*Re loses to dollar, but wins against other heavyweights – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/re-loses-to-dollar-but-wins-against-other-heavyweights/articleshow/91698810.cms Synopsis The rupee has shed about 4.32% against the dollar this calendar year; by contrast, it has advanced up to 6.21% against the
US Visa: NRI Helpdesk: Can you expedite your US visa processing? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/nri-helpdesk-can-you-expedite-your-us-visa-processing/articleshow/91709308.cms Synopsis For our NRI readers, we have started an immigration helpdesk. Write to us at nri.economictimes@gmail.com and our team of experts will address