https://www.thehindubusinessline.com/money-and-banking/kotak-mahindra-bank-q2-fy24-net-profit-grows-24-at-3191-crore/article67445333.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/kotak-mahindra-bank-q2-fy24-net-profit-grows-24-at-3191-crore/article67445333.ece Kotak Mahindra Bank’s consolidated net profit rises 24% y-o-y at ₹4,423 crore Kotak Mahindra Bank (KMB) reported a 24 per cent year-on-year (y-o-y)
Category: May Look At Leisurely
Unlocking confidence: IBBI’s 16 transformative steps to reinvent liquidation – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/unlocking-confidence-ibbis-16-transformative-steps-to-reinvent-liquidation/article67446247.ece Clipped from: https://www.thehindubusinessline.com/economy/unlocking-confidence-ibbis-16-transformative-steps-to-reinvent-liquidation/article67446247.ece Enhancing transparency, speeding up asset recovery and empowering stakeholders The insolvency regulator IBBI is set to introduce 16 key measures to bolster the liquidation
STCG on Profit From Trading in Shares – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-stcg-on-profit-from-trading-in-shares/article67438181.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-stcg-on-profit-from-trading-in-shares/article67438181.ece Section 87A of the Income-tax Act,1961 (‘the Act’) has been amended by the Finance Act, 2023, to allow benefit of tax rebate
RBI Governor Shaktikanta Das cautions against large supply shocks
https://www.business-standard.com/economy/news/large-supply-shocks-risks-monetary-policy-credibility-rbi-shaktikanta-das-123102001121_1.html Clipped from: https://www.business-standard.com/economy/news/large-supply-shocks-risks-monetary-policy-credibility-rbi-shaktikanta-das-123102001121_1.html External member Goyal says increase risk weight, LTV rather interest rates to restrain over-enthusiasm Photo: Bloomberg Reserve Bank of India Governor Shaktikanta
Only time will tell how long interest rate will remain high: RBI Governor
https://www.business-standard.com/economy/news/only-time-will-tell-how-long-interest-rate-will-remain-high-rbi-governor-123102000474_1.html Clipped from: https://www.business-standard.com/economy/news/only-time-will-tell-how-long-interest-rate-will-remain-high-rbi-governor-123102000474_1.html On elevated crude oil prices in the international market, he said, “what matters is the pump prices in India” Das said the
https://www.thehindubusinessline.com/info-tech/it-is-important-that-we-stay-close-to-the-customer-and-be-proactive-tcs-ceo/article67423611.ece Clipped from: https://www.thehindubusinessline.com/info-tech/it-is-important-that-we-stay-close-to-the-customer-and-be-proactive-tcs-ceo/article67423611.ece As he steers the company through a tough economic environment, he speaks to businessline about his targets for the company, and the
ONDC eyes 2.5 lakh daily transactions by FY24, mulls nominal usage fees: T Koshy – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/ondc-eyes-25-lakh-daily-transactions-by-fy24-mulls-nominal-usage-fees-t-koshy/article67415286.ece Clipped from: https://www.thehindubusinessline.com/companies/ondc-eyes-25-lakh-daily-transactions-by-fy24-mulls-nominal-usage-fees-t-koshy/article67415286.ece The idea is not to monetise, but to become self sustainable, says ONDC Managing Director The number of daily transactions on government
Tea industry in hot water over financial stress and production woes
https://www.business-standard.com/industry/news/indian-tea-industry-going-through-acute-financial-crisis-says-ita-123101200739_1.html Clipped from: https://www.business-standard.com/industry/news/indian-tea-industry-going-through-acute-financial-crisis-says-ita-123101200739_1.html While tea prices remained stagnant, wages of tea garden workers increased significantly in the past five years Depressed prices, coupled with a
TCS Q2 results: Muted as expected – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/tcs-q2-results-muted-as-expected/article67408868.ece Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/tcs-q2-results-muted-as-expected/article67408868.ece The sector has been witnessing a slowdown and TCS September Q results are a reflection of what industry leader Accenture’s results had
Skill shortages: Unless it is addressed through scaling up training programmes, it will hit India’s growth | The Financial Express
https://www.financialexpress.com/opinion/skill-shortages-unless-it-is-addressed-through-scaling-up-training-programmes-it-will-hit-indias-growth/3268871/ Clipped from: https://www.financialexpress.com/opinion/skill-shortages-unless-it-is-addressed-through-scaling-up-training-programmes-it-will-hit-indias-growth/3268871/ The country is currently experiencing an alarming shortage of 150 million skilled workers, up from 138 million three years ago, according to
👍👍👍👍👍Why are markets panicking over surging US bond yields – The Hindu BusinessLine
https://www.thehindubusinessline.com/blexplainer/bl-explainer-why-are-markets-panicking-over-surging-us-bond-yields/article67394120.ece Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-why-are-markets-panicking-over-surging-us-bond-yields/article67394120.ece How high have US treasury bond yields surged? When was the last time they were at these levels? When it rains it
👍👍👍👍👍👍👍The unstoppable demand for cash – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/the-unstoppable-demand-for-cash/article67400670.ece Clipped from: https://www.thehindubusinessline.com/opinion/the-unstoppable-demand-for-cash/article67400670.ece Despite rising digital payments and ₹2,000 note withdrawal, gold, real estate and elections are domains where cash is king, defying tax reforms
👍👍👍👍👍👍👍Faced with backlogs, medical devices industry suggests third-party audits
https://www.thehindubusinessline.com/economy/faced-with-backlogs-medical-devices-industry-suggests-third-party-audits/article67395709.ece Clipped from: https://www.thehindubusinessline.com/economy/faced-with-backlogs-medical-devices-industry-suggests-third-party-audits/article67395709.ece Domestic medical device makers had requested third-party audits by certified bodies given the lack of competent manpower and expertise at the Drugs
IBC is not fair to retail investors – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/ibc-is-not-fair-to-retail-investors/article67400691.ece Clipped from: https://www.thehindubusinessline.com/opinion/ibc-is-not-fair-to-retail-investors/article67400691.ece They have no role in the resolution mechanism, and get next to nothing in the event of recoveries or liquidation of assets
India is in world’s top three 5G ecosystems in just a year: Vaishnaw
https://www.business-standard.com/economy/interviews/india-has-become-amongst-world-s-top-three-5g-eco-systems-vaishnaw-123100900640_1.html Clipped from: https://www.business-standard.com/economy/interviews/india-has-become-amongst-world-s-top-three-5g-eco-systems-vaishnaw-123100900640_1.html BSNL has started deploying 4G towers and the speed will pick up after Diwali. Once the 4G rollout stabilises, we will enable
👍👍👍👍👍👍👍Repo rate can’t fix food-driven inflation – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/repo-rate-cant-fix-food-driven-inflation/article67154930.ece Clipped from: https://www.thehindubusinessline.com/opinion/repo-rate-cant-fix-food-driven-inflation/article67154930.ece Interest rate hikes merely raise costs, but don’t impact TOP prices. MPC should target liquidity and leave food, fuel management to government
Proportionate municipal tax paid to society allowable against house property income
https://taxguru.in/income-tax/municipal-tax-quantified-society-proportionately-collected-flat-owner-allowable-expenditure.html Clipped from: https://taxguru.in/income-tax/municipal-tax-quantified-society-proportionately-collected-flat-owner-allowable-expenditure.html K Lalchand Pvt Ltd Vs CIT (ITAT Mumbai) Municipal tax quantified by society & proportionately collected from flat owner is allowable expenditure
E-comm-integrated MSMEs better than non-integrated counterparts in turnover and profitability: ICRIER – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/e-comm-integrated-msmes-better-than-non-integrated-counterparts-in-turnover-and-profitability-icrier/article67399635.ece Clipped from: https://www.thehindubusinessline.com/economy/e-comm-integrated-msmes-better-than-non-integrated-counterparts-in-turnover-and-profitability-icrier/article67399635.ece Data is based on a survey encompassing 2,007 enterprises On average, micro, small, and medium enterprises (MSMEs) integrated with e-commerce platforms report