Clipped from: https://www.business-standard.com/article/international/ukraine-s-economy-to-shrink-by-30-in-2022-due-to-war-says-ebrd-122051100026_1.html Russia’s invasion has upended trade in energy, agricultural commodities and fertilisers and disrupted supply chains, resulting in slower growth across eastern Europe (Photo:
Category: ART
Banning abortion would hurt US economy: Treasury Secretary Janet Yellen | Business Standard News
Clipped from: https://www.business-standard.com/article/international/banning-abortion-would-hurt-us%E2%80%88economy-treasury-secretary-janet-yellen-122051100044_1.html Eliminating the right to access abortion services “would have very damaging effects on the economy and would set women back decades,” Yellen told
Govt meets stakeholders today as industry seeks ban on cotton exports | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-meets-stakeholders-today-as-industry-seeks-ban-on-cotton-exports-122051001761_1.html Here is a look at the major issues surrounding them despite import without duty As the government once again sits with stakeholders on
Quarterly appraisals, mass hiring: How India Inc is tackling attrition | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/quarterly-appraisals-mass-hiring-how-india-inc-is-tackling-attrition-122051000674_1.html Also on offer: Higher promotions, work flexibility, eldercare & childcare support to track attrition. Photo: Shutterstock A post on LinkedIn by a human
RBI steps in to stem rupee fall, defends 77.50 per dollar level | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-steps-in-to-stem-rupee-fall-defends-77-50-per-dollar-level-122051100007_1.html Sources said the RBI aims to maintain foreign exchange reserves of $600 billion in such uncertain times Photo: Shutterstock A day after the rupee hit
MNCs rush to tax experts as SC backs I-T dept on reassessment notices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/mncs-rush-to-tax-experts-as-sc-backs-i-t-dept-on-reassessment-notices/articleshow/91452007.cms Synopsis The apex court on May 4 ruled that thousands of show-cause notices issued by the income-tax department under an old provision (Section
*****Bank frauds may have started to dip now, but wait a bit before you cheer | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/frauds-may-have-started-to-dip-now-but-wait-a-bit-before-you-cheer-122050800912_1.html The incidence of bank fraud is trending downward, but the broad picture hides many blind spots Illustration: Ajay Mohanty The number of bank frauds in
Cost accountants’ institute asks govt to allow members to conduct financial audits of MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/cost-accountants-institute-asks-govt-to-allow-members-to-conduct-financial-audits-of-msmes/article65393957.ece Representative image | Photo Credit: NATASAADZIC Ask govt to allow its members to do various activities, including the tax audit under the IT-Act
*****Below the Line – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/below-the-line/article65394121.ece A labourer spreads paddy for drying at a wholesale grain market in the northern Indian city of Chandigarh October 8, 2012. Export demand
Zomato CEO’s ₹700-crore donation an attempt to save company’s tarnished image: Gig Worker Union – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/zomato-ceos-700-crore-donation-an-attempt-to-save-companys-tarnished-image-gig-worker-union/article65393996.ece At HSR layout food delivery partners started log off from app drive against new payment system. | Photo Credit: HANDOUT E MAIL The
*Banks feel the heat of slower recovery under IBC process – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/slowdown-in-insolvency-proceedings-reduced-corporate-appetite-for-distressed-assets-hurt-banks-recoveries-in-ibc/article65394082.ece Financial creditors’ realisation hit a record low of 10.2% in Q4 against 13.4% in Q3 and 49.2% in Q2 Financial creditors are clearly
*Go beyond the rulebook, follow the money | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/go-beyond-the-rulebook-follow-the-money-122050800949_1.html The track record of Sebi and the Securities Appellate Tribunal makes it appear that their effort is to help and not hurt the
गेले लिहायचे राहून.. : लाच | लोकसत्ता
Clipped from: https://www.loksatta.com/chaturang/gele-lihayche-rahun-author-mrudula-bhatkar-bribe-government-work-dishonesty-support-ysh-95-2917518/ ‘‘हल्ली लाच कोण घेत नाही? असं आपण अगदी सहज बोलून जातो. सरकारी कामात लाच घेतच असणार आणि ती दिल्याशिवाय काहीही होणार नाही, हे
*****A jolt from RBI: Consistently underestimating inflation raises questions over central bank’s forecasting abilities | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/inflation-rbi-forecasts-interest-rate-hike-covid-19-economy-7901644/ In recent times, there has been marked variance between actual inflation and the RBI’s forecasts. In its February policy, the RBI had projected
*MeitY to train 85,000 engineers on chip design in next 5 years – BusinessToday
Clipped from: https://www.businesstoday.in/technology/news/story/meity-democratising-chip-designing-to-train-over-85000-engineers-in-next-5-yrs-332339-2022-05-04 Ashwini Vaishnaw, Minister for Electronics & Information Technology envisions making available a design talent pool of highly skilled engineers for turning India into
*****Arming to change inflation projection – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/arming-to-change-inflation-projection/articleshow/91324656.cms Synopsis The MPC has retained its accommodative stance with India that will be caught in a global slowdown. RBI’s Monetary Policy Committee (MPC) has stepped
*Fed hikes rates half point, will shrink assets to curb inflation – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/stocks/news/fed-hikes-rates-half-point-will-shrink-assets-to-curb-inflation/articleshow/91324995.cms Synopsis It will begin allowing its holdings of Treasuries and mortgage-backed securities to decline in June at an initial combined monthly pace of
*Food secretary: Govt’s wheat purchases set to halve; no plans to curb exports: Food secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/govts-wheat-purchases-set-to-halve-no-plans-to-curb-exports-food-secretary/articleshow/91321896.cms Synopsis Addressing a press conference, food secretary Sudhanshu Pandey said: “We don’t see a case for any control on exports. ….Wheat exports are
*Centre rules out curbing wheat exports despite drop in output, procurement | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-rules-out-curbing-wheat-exports-despite-drop-in-output-procurement-122050401084_1.html According to Centre’s assessment, closing stock of wheat in FY23 is expected to be about 8 mn tonnes, higher than 7.5 million tonnes
*Stock market may see further corrections, volatility after RBI move | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/stock-market-may-see-further-corrections-volatility-after-rbi-move-122050401164_1.html Money may move out of rate-sensitive stocks into the less-affected sectors Photo: Bloomberg The RBI has decided to tighten money supply and raise