Category: News of interest

Clipped from: https://www.thehindubusinessline.com/money-and-banking/svb-fallout-us-rushes-to-avert-crisis-with-svb-deposit-guarantee-bank-fund/article66613269.ece The Treasury Department, Federal Reserve and Federal Deposit Insurance Corp. jointly announced the efforts, aimed at strengthening confidence in the banking system after

Clipped from: https://www.thehindubusinessline.com/money-and-banking/svb-collapse-to-test-feds-faith-in-a-strong-low-risk-financial-system/article66613077.ece In crises dating back to the 2007-to-2009 housing collapse, the Fed has shown a willingness to react quickly if problems spread, and can

Clipped from: https://www.thehindubusinessline.com/economy/two-wheeler-production-dips-for-third-month-in-a-row-in-february/article66610624.ece File picture: Companies have been reducing production owing to a sustained decline in exports | Photo Credit: VIBHU H Two-wheeler production in the country

Clipped from: https://www.thehindubusinessline.com/money-and-banking/hsbc-says-it-has-acquired-silicon-valley-bank-uk-for-one-pound/article66613835.ece As of March 10, Silicon Valley Bank UK Limited had loans of around £5.5 billion pounds and deposits of around £6.7 billion pounds,

Clipped from: https://www.thehindubusinessline.com/news/world/svb-collapse-aftermath-goldman-analysts-no-longer-expect-fed-rate-hike-in-march/article66613456.ece U.S. regulators said the failed Silicon Valley Bank’s customers will have access to all their deposits starting Monday and regulators set up a

Clipped from: https://www.thehindubusinessline.com/opinion/silicon-valley-bank-puts-the-us-fed-in-the-gorge/article66611024.ece Whether the SVB fiasco is just the start (like Bear Sterns) or the peak (like Lehman/AIG) of a crisis only time will tell

Clipped from: https://www.thehindubusinessline.com/opinion/editorial/svbs-collapse-calls-for-a-fresh-look-at-regulations/article66611219.ece The SVB crisis highlights that in a scenario of rapidly rising rates, banks’ investment books need an equal degree of scrutiny and stress-testing

Clipped from: https://www.thehindubusinessline.com/blexplainer/what-led-to-svb-failure-and-its-impact-on-india/article66610352.ece Second order impact on India seems limited but it’s a wait and watch situation A man puts a sign on the door of

Clipped from: https://www.thehindubusinessline.com/blexplainer/what-does-axis-acquisition-mean-for-citibank-india-customers/article66594855.ece As Axis Bank initiates integration, businessline takes a look at its impact on Citibank’s retail customers Axis Bank has completed the acquisition of Citibank India’s

Clipped from: https://taxguru.in/finance/cbdts-selects-68000-cases-fy-2019-20-e-verification.html CBDT’s e-Verification Scheme harnesses information technology to facilitate voluntary compliance On a pilot basis information of financial transactions pertaining to 68,000 cases from

Clipped from: https://taxguru.in/excise-duty/case-limitation-issue-appellate-authority-decide-matter-instead-remanding-back.html Rudraksh Detergent And Chemicals Pvt Ltd Vs C.C.E.-Kutch (CESTAT  Ahmedabad) The issue involved in the present case is that whether the re-credit claimed

Clipped from: https://taxguru.in/income-tax/restricted-exemption-u-s-54-act-investment-house-property-done-jointly.html Mumtaz Naseem Syed Vs ITO (ITAT Delhi) ITAT Delhi held that when the investment in house property is done jointly, claim under section

Clipped from: https://www.thehindubusinessline.com/info-tech/how-to/whatsapp-how-to-read-texts-without-letting-sender-know/article66590875.ece WhatsApp’s privacy options include turning off read receipts and using Airplane mode WhatsApp offers a privacy option to let users read chat texts without

Clipped from: https://www.taxscan.in/personal-hearing-to-be-granted-only-after-receipt-of-reply-and-where-contemplation-of-adverse-decision-against-petitioner-madras-hc-read-order/254939/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Personal%20Hearing%20to%20be%20granted%20only%20after%20receipt%20of%20reply%20and%20where%20contemplation%20of%20adverse%20decision%20against%20petitioner:%20Madras%20HC In a recent decision the Madras High Court observed that personal hearing to be granted only after receipt of reply and where contemplation

Clipped from: https://www.business-standard.com/article/markets/refrain-from-assuring-fixed-returns-sebi-tells-mutual-funds-123030600768_1.html Says MFs using illustrations based on assumptions; disclaimers made in fine print can escape investors The Securities and Exchange Board of India (SEBI)

Clipped from: https://www.thehindubusinessline.com/economy/vivad-se-vishwaas-industry-seeks-higher-reimbursements-and-interest-rates-for-msmes/article66564166.ece Call for grievance redressal system on digital portals, simplification of KYC KARNATAKA MYSURU 15/02/2023: Stakeholders have sought a corpus fund in the State