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
Category: ART
*****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
*FD, debt mutual funds cannot cope with high inflation, will destroy savings. The solution lies elsewhere
Clipped from: https://economictimes.indiatimes.com/wealth/invest/fd-debt-mutual-funds-cannot-cope-with-high-inflation-will-destroy-savings-the-solution-lies-elsewhere/articleshow/91199020.cms SynopsisYou need equity in your investment portfolio. For beginners it generally means investing in equity-based mutual funds. This may sound like a dogmatic
*‘You can hire talent to do anything but managing people is tough.’ Radhika Gupta’s debut book factors in the 4 Fs, a must-read for all CEOs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/magazines/panache/you-can-hire-talent-to-do-anything-but-managing-people-is-tough-radhika-guptas-debut-book-factors-in-the-4-fs-a-must-read-for-all-ceos/articleshow/91314930.cms SynopsisThe Edelweiss MF CEO feels that rejection is not the end of the road, and it doesn’t hurt to have a plan B.
*****RBI Interest rate hike: What RBI’s surprise rate hike means for market, LIC IPO & more – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/what-rbis-surprise-rate-hike-means-for-market-lic-ipo-more/articleshow/91316100.cms Synopsis The 40 basis point-rate hike in the repo rate, the first rate hike since August 2018, and cash reserve ratio (CRR) by
*****Rbi Rate Hike impact: As RBI hikes rates, I feel a little sorry for the government with the LIC IPO on: Mythili Bhusnurmath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/as-rbi-hikes-rates-feel-a-little-sorry-for-the-government-as-the-lic-ipo-is-on-mythili-bhusnurmath/articleshow/91314878.cms SECTIONS As RBI hikes rates, I feel a little sorry for the government with the LIC IPO on: Mythili Bhusnurmath Last Updated: May
*****Asking employees return to office is triggering ‘Great Resignation’: Randstad India MD & CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/asking-employees-return-to-office-is-triggering-great-resignation-randstad-india-md-ceo-ps-viswanath/article65366559.ece PS Viswanath, MD & CEO, Randstad India Talent prefer to work in their comfort zones at home, says PS Viswanath The IT/ITeS industry
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