Clipped from: https://www.business-standard.com/article/finance/96-pmc-bank-depositors-to-be-paid-upfront-unity-sfb-122012701486_1.html On January 25, the finance ministry had approved the merger of PMC Bank with Unity SFB, protecting it from liquidation and bringing relief
Category: ART
Rs 50,000 crore of NPAs may be transferred to NARCL in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rs-50-000-crore-of-bad-debts-may-be-transferred-to-narcl-in-fy22-122012900034_1.html Overall, 38 accounts worth Rs 83,000 crore identified: SBI chairman Dinesh Kumar Khara, Chairman, SBI (Photo: Kamlesh Pednekar) Lenders are set to transfer
India’s exports to China jump 34% to $22.9 billion in 2021, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-exports-to-china-jump-34-to-22-9-billion-in-2021-shows-data-122012801852_1.html Imports, on the other hand, rose 28 per cent to USD 87.5 billion in 2021 India’s exports to China have increased about 34 per cent to USD
Second-hand smartphone market in India to reach $4.6 bn in 2025: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/second-hand-smartphone-market-in-india-to-reach-4-6-bn-in-2025-report-122012801920_1.html The second-hand smartphone market in the country is expected to double in three years to $4.6 billion by 2025, according to a joint
Gold imports hit 10-year high as jewellery demand doubles | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/gold-imports-hit-10-year-high-as-jewellery-demand-doubles-122012900070_1.html Celebrations picked up in full swing in the three months through December, more than doubling full-year imports to 925 tonnes Gold imports in the
Remote working new normal; 82% employees prefer working from home: Study | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/remote-working-new-normal-82-employees-prefer-working-from-home-study-122012900799_1.html The Talent Tech Outlook 2022 study is an analysis of inputs from 100 plus C-suite and human capital leaders across four continents Representational
FIIs pumped out $13.5 bn from Indian equity market since Oct 2021 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fiis-pumped-out-13-5-bn-from-indian-equity-market-since-oct-2021-122012900499_1.html Higher bond yields as well as a potential US Fed rate hike sparked a global risk-off sentiment, leading to elevated FII outflows in
Oil rises for sixth week as growing chorus predicts $100 price | Business Standard News
Clipped from: https://www.business-standard.com/article/international/oil-rises-for-sixth-week-as-growing-chorus-predicts-100-price-122012900802_1.html Oil’s stellar start to the year comes despite a soft patch in global equity markets after the Federal Reserve signaled it’s ready to
Wall Street rallies, capping frenetic week with best day of the year | Business Standard News
Clipped from: https://www.business-standard.com/article/international/wall-street-rallies-capping-frenetic-week-with-best-day-of-the-year-122012900708_1.html Apple jumps after record holiday-quarter sales, Visa surges on increased travel, e-commerce spending; Caterpillar falls after flagging margin pressure Traders work on the
Modi’s truths, government’s credibility | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/modi-s-truths-government-s-credibility-122012801991_1.html ‘One can’t understand why, for example, the shifting of the Amar Jawan Jyoti had to be done so quietly’, says the author As
Markets see wild swings as traders weigh hawkish Fed, Budget uncertainty | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/markets-see-wild-swings-as-traders-weigh-hawkish-fed-budget-uncertainty-122012801980_1.html The Sensex gained as much as 807 points, or 1.4 per cent, in intra-day trade only to give up all the gains to
RBI ‘behind the curve’ criticism: Patra says approach has served us well | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/rbi-behind-the-curve-criticism-patra-says-approach-has-served-us-well-122012801809_1.html Addressing criticism of the RBI being “behind the curve”, Michael Patra said that so far, “the approach has served us well”. RBI Deputy
BS Number Wise: A case for taxing India’s rich on stock market profits | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/bs-number-wise-a-case-for-taxing-india-s-rich-on-stock-market-profits-122012801798_1.html As economic inequality in the country widens, crorepatis pay very little on long-term capital gains Billionaire Warren Buffett, in a column written more
India will again be among world’s fastest-growing economies: Patra | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-will-again-be-among-world-s-fastest-growing-economies-patra-122012900032_1.html RBI deputy governor says private consumption and investment remains a work in progress Michael Patra, Deputy Governor, RBI India will once again be
A penny saved, a penny earned and other insights into the art of budgeting | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/a-penny-saved-a-penny-earned-and-other-insights-into-the-art-of-budgeting-122012801451_1.html Budgeting tips: Start with some kind of allocation of your periodical expenses, even if it’s very rudimentary. You can adopt a more sophisticated
SC gives SpiceJet a three-week reprieve – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/sc-gives-spicejet-a-three-week-reprieve/article64943085.ece Earlier, a Division Bench of the Madras High Court had dismissed the appeal by SpiceJet against a Single Judge Bench order of December
Do the math for India’s budget and you have a jobs crisis – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/do-the-math-for-indias-budget-and-you-have-a-jobs-crisis/article64942844.ece 200 million jobs are missing from the economy and they will be hard to revive without fiscal policy playing a supportive role When it
‘Remove MAT for troubled firms under resolution’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/exempt-cos-admitted-by-nclt-for-resolution-from-mat-edelweiss-arc-chief/article64941378.ece Edelweiss ARC seeks level playing field vis-a-vis other stressed asset investors A company admitted by the National Company Law Tribunal (NCLT) for resolution should
Should one worry about falling FPI ownership? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/stock-markets/should-one-worry-about-falling-fpi-ownership/article64944054.ece Overseas investors selling seem to have limited impact on benchmarks Ringsideview There is always a popular perception in the stock market that once
BharatPe to overhaul governance after co-founder row – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/indias-bharatpe-to-overhaul-governance-after-co-founder-row-sources/article64942828.ece An independent audit will assess if BharatPe’s senior executives make proper internal disclosures about personal investments and check for conflicts. MUMBAI, January 27
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