Clipped from: https://www.business-standard.com/article/finance/bank-credit-to-industry-turns-around-in-fy22-infra-lending-tops-rs-1-trn-122042901210_1.html Credit to medium-sized industries grew a robust 71.4% in March 2022 from 34.5% last year, that to micro and small units was 21.5%
Category: ART
*Indian refiners negotiating 6-month deal with Russia to import oil: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/indian-refiners-negotiating-6-month-deal-with-russia-to-import-oil-report-122042900814_1.html India has already bought more than twice as much crude from Russia in the two months since its invasion of Ukraine on Feb.
***GoM likely to discuss imposing flat 28% GST on online gaming | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gom-likely-to-discuss-imposing-flat-28-gst-on-online-gaming-122042901532_1.html Set to meet on Monday to iron out issues, including tax ambiguities An empowered group of ministers (GoM) — set up to look
**RBI new ban likely to push up approval cost for property developers | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-new-ban-likely-to-push-up-approval-cost-for-property-developers-122042901490_1.html The issue could be more worrisome for developers in Mumbai because premium payment and TDR appertain more to the city, experts said. Photo:
*Over 50% PMC depositors have stayed with Unity: Centrum Group’s Bindra | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/over-50-pmc-depositors-have-stayed-with-unity-centrum-group-s-bindra-122042901508_1.html Unity Small Finance Bank’s first leg of journey is integration: Bindra Jaspal Bindra, chairman of Centrum Group All branches of the beleaguered Punjab
Monthly selling streak by FPIs worst since global financial crisis in 2008 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/monthly-selling-streak-by-fpis-worst-since-global-financial-crisis-in-2008-122042901588_1.html Pull out capital for 7th straight month in April A fall in the rupee eats into the returns for overseas investors Foreign portfolio
Tourist Visa: Can you change your tourist visa into a student or work visa once you’ve landed in the US? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/can-you-change-your-tourist-visa-into-a-student-or-work-visa-once-youve-landed-in-the-us/articleshow/91118290.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis A change of status means a change in your intention. For example, when you obtain a visa and enter the USA, you
Mukesh Ambani: Exclusive: Largest cross-border M&A for Mukesh Ambani in the making – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/largest-cross-boder-ma-for-ambani-in-making/articleshow/91134443.cms Synopsis Ambani has sets his aim on another marque multi-billion dollar cross border buyout — Walgreens Boots Alliance Inc’s international chemist and drugstore
New reporting requirements for companies put onus on auditors | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/new-reporting-requirements-for-companies-put-onus-on-auditors-122042601472_1.html Auditors to certify that transactions are not violative of PMLA/FEMA rules, according to ICAI guidelines Representative image Auditors should seek direct confirmation on ‘borrowed
White goods PLI round 2: 19 global, domestic companies file applications | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/white-goods-pli-round-2-19-global-domestic-companies-file-applications-122042700017_1.html A senior government official said the second round of applications was invited as the entire allocated funds were not utilised. As many 19
*New reporting requirements for companies put onus on auditors | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/new-reporting-requirements-for-companies-put-onus-on-auditors-122042601472_1.html Auditors to certify that transactions are not violative of PMLA/FEMA rules, according to ICAI guidelines Representative image Auditors should seek direct confirmation on ‘borrowed
Workforce: Majority of India’s 900 million workforce stop looking for jobs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/majority-of-indias-900-million-workforce-stop-looking-for-jobs/articleshow/91063233.cms Synopsis With India betting on young workers to drive growth in one of the world’s fastest-expanding economies, the latest numbers are an ominous
Early bird Q4 results hint at slowdown for India Inc in upcoming quarters | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/early-bird-q4-results-hint-at-slowdown-for-india-inc-in-upcoming-quarters-122042401046_1.html Though sales surged 15.1% YoY in Q4, the growth was slower sequentially Illustration: Ajay Mohanty The early bird results for the January-March 2022
SC moots deeper scrutiny before award of death penalty – The Hindu
Clipped from: https://www.thehindu.com/todays-paper/tp-national/sc-moots-deeper-scrutiny-before-award-of-death-penalty/article65346666.ece The Supreme Court on Friday asked Attorney General K.K. Venugopal for assistance to institutionalise a mechanism by which information crucial to decide whether
SC to hear plea on redressal of wrongly prosecuted persons – The Hindu
Clipped from: https://www.thehindu.com/todays-paper/tp-national/sc-to-hear-plea-on-redressal-of-wrongly-prosecuted-persons/article65346682.ece ‘There is an alarming pendency of over 40 million cases’ ‘There is an alarming pendency of over 40 million cases’ The Supreme Court
*Indian content script could go awry as Netflix cuts costs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/media/entertainment/indian-content-script-could-go-awry-as-netflix-cuts-costs/articleshow/91018267.cms Synopsis Most of content producers ET spoke with were of the view that Netflix had already started cutting budgets of the films and
*Indonesia to ban palm oil exports to curb domestic prices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/indonesia-to-ban-palm-oil-exports-to-curb-domestic-prices/articleshow/91013410.cms Synopsis The measure could further inflame global food inflation that soared to a record high following Russia’s invasion of Ukraine, raise costs for
India right in standing by old friend, Russia – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/india-right-in-standing-by-old-friend-russia/article65346493.ece Nations, like people, act on the basis of memories. By supporting Russia in Ukraine, India is on the right side of history Mourning,”
*Key lessons from the Netflix share price crash – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/key-lessons-from-the-netflix-share-price-crash/article65346460.ece (FILES) In this file photo taken on March 02, 2022, the Netflix logo is displayed on top of their office building in Hollywood,
US Fed’s aggressive rate hike plans make markets jittery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/us-feds-aggressive-rate-hike-plans-make-markets-jittery/article65346455.ece FILE PHOTO: People stand outside the Bombay Stock Exchange (BSE), after Sensex surpassed the 60,000 level for the first time, in Mumbai, India,