Kotak Mahindra Bank Q2 FY24 net profit grows 24% at ₹3,191 cr – The Hindu BusinessLine

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)

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

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

👍👍👍👍👍👍👍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

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

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