Clipped from: https://www.business-standard.com/article/finance/instant-app-based-loan-fraud-ed-summons-senior-executives-of-google-122040600001_1.html The agency’s Hyderabad office is probing 38 non-banking financial companies (NBFCs) and over 300 fintech firms under the anti-money laundering law The Enforcement Directorate (ED)
Category: ART
*WhatsApp has banned nearly 20 million accounts in India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/whatsapp-has-banned-nearly-20-million-accounts-in-india/article65293393.ece Experts say this will impact the messaging app’s user base growth but will improve the quality of users and aid monetisation It has
*Germany faces recession if oil & gas halted, say banks | Business Standard News
Clipped from: https://www.business-standard.com/article/international/germany-faces-recession-if-oil-gas-halted-say-banks-122040500059_1.html Europe’s largest economy is heavily dependent upon Russia for energy, and nations banks echoed concerns over possible energy disruption expressed by big names
Sashidhar Jagdishan on what the deal with HDFC means to HDFC Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sashidhar-jagdishan-on-what-the-deal-with-hdfc-means-to-hdfc-bank-122040500033_1.html Sashidhar Jagdishan, managing director and chief executive officer of HDFC Bank, tells Manojit Saha what the deal with HDFC means to the bank
*Overseas Indians float local trusts to escape RNOR tag – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/overseas-indians-float-local-trusts-to-escape-rnor-tag/articleshow/90628847.cms Synopsis The status of an RNOR lies in between that of a non-resident Indian who stays more than 181 days in the country
*Sri Lanka’s nosedive into economic chaos holds global lessons | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/sri-lankas-nosedive-into-economic-chaos-holds-global-lessons-1097013.html Fashionable liberal ideas like organic farming added to Sri Lanka’s woes Representative picture. Credit: PTI Photo For years Sri Lanka was held as
*Not a design flaw of Putin’s strategy: Ukraine’s refugee crisis and the world’s big test | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/not-a-design-flaw-of-putin-s-strategy-ukraines-refugee-crisis-and-the-worlds-big-test-1096989.html Opening the doors wide to European refugees raises an inevitable comparison to the treatment of refugees from Syria, Afghanistan and other countries Refugees
*India shouldn’t fall for Putin’s rupees-for-rubles deal | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/india-shouldn-t-fall-for-putin-s-rupees-for-rubles-deal-1096643.html Russia is reportedly offering India a $35 discount per barrel on the pre-war price of flagship Urals grade oil Russian President Vladimir Putin
*****Cheque and honor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/cheque-and-honor/article65288027.ece The reach of Section 138 of the Negotiable Instruments Act, which deals with dishonoring of cheques, was put to test in a case
*****‘Speed up coal loading to improve supply’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/speed-up-coal-loading-to-improve-supply/article65288071.ece Railways has identified critical and super critical capacity enhancement works and evacuation projects KAMAL NARANG | Photo Credit: KAMAL NARANG Will free up
*Ban on NFOs to hit MF inflows – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-variety/ban-on-nfos-to-hit-mf-inflows/article65287966.ece AMFI says it will provide time for the industry to upgrade to regulator’s norms The first of its kind ban on launch of
*Ways to take Russia-India trade forward – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/ways-to-take-russia-india-trade-forward/article65288059.ece The Brahmos Missile System is manufactured by a joint venture between DRDO and Russia’s NPO Mashinostroyenia MOORTHY RV MOORTHY RV | Photo Credit:
*****Coffee exports up 42%, to hit a record $1.04 billion in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/coffee-exports-up-42-to-hit-a-record-104-billion-in-fy22/article65288048.ece Rising global prices, pent-up demand post-Covid, lift shipments toa new high India’s coffee exports hit a new high during 2021-22, clocking over a
*****Is it possible to reduce steep economic costs of storing foodgrains? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/is-it-possible-to-reduce-steep-economic-costs-of-storing-foodgrains/article65288053.ece Stocking more than necessary foodgrains in FCI gododowns locks up funds which can be gainfully used elsewhere The geopolitical tension between Russia and
*Tax-free Sikkim, a haven for commodity market speculators – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tax-free-sikkim-a-haven-for-commodity-market-speculators/article65288019.ece Many grey areas have clouded the Income Tax Act in the tiny State: experts Sikkim, a tiny State with a population of 6.58
*Can global entities shut down root servers? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/can-global-entities-shut-down-root-servers-122040300838_1.html Root servers are at the core of the global internet system. Controlled by 13 designated entities, they are a network of hundreds of
*India’s jobless rate falls to 7.6% in March from 8.1% a month earlier: CMIE | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/india-s-unemployment-rate-falls-to-7-6-in-march-from-8-10-in-feb-cmie-122040300533_1.html Unemployment rate in the country is decreasing with the economy slowly returning to normal, according to CMIE data. Unemployment rate in the country is
*Implications of short-term gain of cheap Russia oil must be weighed | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/implications-of-short-term-gain-of-cheap-russia-oil-must-be-weighed-122040300985_1.html So, India should carefully weigh the short term gains of buying cheap oil from Russia against implications of annoying the western alliances Last
*India’s health budget still in need of improvement, shows data | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/india-s-health-budget-still-in-need-of-improvement-shows-data-122040300926_1.html There is the problem of the current infrastructure being able to absorb higher levels of funding Funding to this crucial department has been
*****ship containers: Thousands of Russia-linked ship containers pile up in Rotterdam – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/thousands-of-russia-linked-ship-containers-pile-up-in-rotterdam/articleshow/90619438.cms Synopsis Russian business is a significant part of the port’s operations, as of the roughly 470 million tons transshipped through the facility each