Clipped from: https://www.thehindubusinessline.com/money-and-banking/more-entities-can-tap-into-info-with-credit-information-companies/article38133288.ece RBI spells out eligibility criteria More entities will become eligible to tap into information with Credit Information Companies (CICs), going by the eligibility
Category: ART
Finance Ministry frees FPIs from 10-day time rule for reporting about new clients – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/govt-exempts-fpi-from-10-day-time-condition-for-reporting-about-new-client/article38130518.ece?homepage=true The notification to provide a much-needed breather to foreign portfolio investors. The Finance Ministry has exempted Foreign Portfolio Investors (FPI) from providing information
Delhi HC dismisses Future Group’s plea for termination of Amazon arbitration – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/india-court-dismisses-futures-plea-to-declare-arbitration-with-amazon-illegal/articleshow/88690498.cmsSynopsis The ruling came after Future urged a New Delhi judge that given India’s antitrust agency had suspended a 2019 deal used by Amazon
Why are so many vaccinated people getting infected with Covid-19 lately? These factors could be at play – The Economic Times
Clipped from: https://economictimes.indiatimes.com/magazines/panache/omicron-threat-why-are-so-many-vaccinated-people-getting-infected-with-covid-19-lately/articleshow/88685625.cmsSynopsis Omicron appears to replicate much more efficiently than previous variants. A couple of factors are at play, starting with the emergence of the
india gold import: India’s spends record $55.7 billion on gold imports in 2021: Govt source – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/indias-spends-record-55-7-billion-on-gold-imports-in-2021-govt-source/articleshow/88684634.cmsSynopsis The 2021 gold import bill easily doubled the $22 billion spent in 2020, and surpassed the previous high, set in 2011, of $53.9
Indian pharma industry estimated to grow 9-11% in 2021-22: ICRA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/indian-pharma-industry-estimated-to-grow-9-11-in-2021-22-icra/articleshow/88691254.cmsSynopsis “Revenue growth for ICRA sample set is estimated at 9-11 per cent in FY2022 and in FY2023, supported by gradual recovery post the
Apparel exports shrug off pandemic blues to grow 35% in first 3 quarters – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/garment-exports-grow-35-per-cent-to-113-billion-in-first-three-quarters/article38106720.ece India’s monthly garment exports touched a record high of $37.29 billion in December 2021, posting a growth of 37 per cent year-on-year. India’s
Digital loan sharks face crackdown as complaints mount – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/digital-loan-sharks-face-crackdown-as-complaints-mount/article38104973.ece The RBI has received complaints against 1,509 digital lending applications courtneyk The RBI has received complaints against 1,509 digital lending applications courtneyk× RBI
Ensuring the safety of insurance sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/ensuring-the-safety-of-insurance-sector/article38044088.ece Their close inter-relationship with banks causes opaque monopolies and risks The RBI recently proposed to reduce the ownership by banks over insurance companies
No thing called free electricity – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/no-thing-called-free-electricity/articleshow/88697000.cmsSynopsis The ground reality is that nearly a fifth of the power supplied nationally is simply not billed. State power utilities remain financially moribund.
Is GDP data a reliable way to measure the health of the economy?Rajeswari Sengupta writes: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/gdp-data-indian-economic-recovery-7704719/ Rajeswari Sengupta writes: There are serious problems with India’s GDP data. Any analysis of recovery or growth forecast based on this data must
Crypto platforms lack clarity on tax provisions: Industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/crypto-platforms-lack-clarity-on-tax-provisions-industry/articleshow/88677521.cms SynopsisAfter the Goods and Services Department, which slapped a ₹40 crore GST demand on crypto exchange WazirX last month, the Directorate General of
The limits of MSP | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-limits-of-msp-122010401570_1.html Farm sector needs intervention at multiple levels The year-long farm protests ended last month after the government got the three contentious farm laws
Shortfalls, again | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/shortfalls-again-122010401568_1.html Union Budget must stop relying on disinvestment proceeds In recent years, the government’s disinvestment targets in the Union Budget have shown considerably greater ambition than they did
Tighter norms likely to rein in wild HNI bets in IPOs, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/tighter-norms-likely-to-rein-in-wild-hni-bets-in-ipos-say-experts-122010401532_1.html Earmarking a third of the NII portion for small-ticket investors can help democratise allotments, say experts Illustration: Ajay Mohanty The Securities and Exchange
Agriculture needs a separate budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/agriculture-needs-a-separate-budget/article38116021.ece Farmers need a helping hand – REUTERS Farmers need a helping hand – REUTERS× Agriculture is too diverse a subject for it to
Outside tax net for too long – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/outside-tax-net-for-too-long/article38116158.ece Time to tax the income of political parties, rich farmers Finance Minister Nirmala Sitharaman recently concluded her pre-Budget meetings with different stakeholder groups.
How l’affaire RBL Bank may impact RBI’s equation with entities it regulates | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/how-l-affaire-rbl-bank-may-impact-rbi-s-equation-with-entities-it-regulates-122010200992_1.html Private banks’ CEO tenures have been in the spotlight since the RBI released its discussion paper on governance in commercial banks in 2020
Segment-based health products will be our path: Niva Bupa CEO Krishnan Ramachandran – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/segment-based-health-products-will-be-our-path-niva-bupa-ceo-krishnan-ramachandran/article38097844.ece The firm grew 70% in FY21, as compared to the industry growth of 41%, supported by strong retail business It has embarked on
RBI unveils framework to enable small value digital payments in offline mode – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-unveils-framework-to-enable-small-value-digital-payments-in-offline-mode/article38101776.ece?homepage=true Under this new framework offline payments can be made in face-to-face (proximity) mode only The Reserve Bank of India (RBI) on Monday issued
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