Category: News of interest

https://www.business-standard.com/opinion/editorial/why-there-is-an-urgent-need-to-rationalise-both-gst-slabs-and-rates-124082801313_1.html Clipped from: https://www.business-standard.com/opinion/editorial/why-there-is-an-urgent-need-to-rationalise-both-gst-slabs-and-rates-124082801313_1.html Rationalisation of the tax structure is expected to be discussed in the GST Council meet on Sep 9. The group of state

https://www.business-standard.com/industry/banking/banks-risk-losing-out-by-not-partnering-with-fintechs-axis-bank-ceo-124083001257_1.html Clipped from: https://www.business-standard.com/industry/banking/banks-risk-losing-out-by-not-partnering-with-fintechs-axis-bank-ceo-124083001257_1.html He highlighted that as customers transact more digitally, the banks’ operating costs will come down Mumbai: Axis Bank CEO Amitabh Chaudhry speaks

https://www.business-standard.com/india-news/govt-taking-measures-at-policy-level-to-help-fintech-sector-pm-modi-124083000469_1.html Clipped from: https://www.business-standard.com/india-news/govt-taking-measures-at-policy-level-to-help-fintech-sector-pm-modi-124083000469_1.html Prime Minister also asked the regulators to take more measures to stop cyber frauds and further increase digital literacy among people PM

https://www.business-standard.com/opinion/columns/gdp-growth-still-resilient-india-maintains-momentum-despite-q1-slowdown-124083001328_1.html Clipped from: https://www.business-standard.com/opinion/columns/gdp-growth-still-resilient-india-maintains-momentum-despite-q1-slowdown-124083001328_1.html The high difference noticed in the GVA and GDP growth during the 3 rd and 4 th quarter of FY24 has eased

https://www.business-standard.com/companies/news/lic-ordered-to-pay-rs-50-lakh-to-covid-policy-premium-payer-s-family-124083001250_1.html Clipped from: https://www.business-standard.com/companies/news/lic-ordered-to-pay-rs-50-lakh-to-covid-policy-premium-payer-s-family-124083001250_1.html The commission fined LIC Rs 50 lakh for violating its own guidelines, which require policy issuance within 15 days of receiving premium

https://www.business-standard.com/companies/news/competition-for-deposits-to-continue-for-some-time-sbi-chairman-cs-setty-124083001050_1.html Clipped from: https://www.business-standard.com/companies/news/competition-for-deposits-to-continue-for-some-time-sbi-chairman-cs-setty-124083001050_1.html SBI is aiming to get 90 per cent of its retail unsecured loans from the digital channels, going forward, Setty said Mumbai:

https://www.business-standard.com/economy/news/india-s-gdp-growth-slows-to-5-quarter-low-of-6-7-in-april-june-quarter-124083001339_1.html Clipped from: https://www.business-standard.com/economy/news/india-s-gdp-growth-slows-to-5-quarter-low-of-6-7-in-april-june-quarter-124083001339_1.html But gross value added growth picks up pace in Q1; rains, lower inflation may help in consumption recovery Representative Picture Listen to

https://www.business-standard.com/industry/news/electronics-5th-largest-export-commodity-growing-23-annually-meity-124083001419_1.html Clipped from: https://www.business-standard.com/industry/news/electronics-5th-largest-export-commodity-growing-23-annually-meity-124083001419_1.html “Surprisingly for many, it has become 5th largest commodity being exported from India,” offiicial said Listen to This Article Electronics has become

https://www.business-standard.com/finance/news/forex-reserve-rises-by-7-billion-to-hit-record-high-of-681-69-billion-124083001003_1.html Clipped from: https://www.business-standard.com/finance/news/forex-reserve-rises-by-7-billion-to-hit-record-high-of-681-69-billion-124083001003_1.html The overall reserves had jumped by $4.546 billion to $674.664 billion in the previous reporting week India’s reserve position with the IMF

https://www.business-standard.com/industry/news/pharma-s-bitter-pill-falling-api-prices-signal-predatory-play-by-china-124083001281_1.html Clipped from: https://www.business-standard.com/industry/news/pharma-s-bitter-pill-falling-api-prices-signal-predatory-play-by-china-124083001281_1.html An industry expert pointed out that Chinese companies typically resort to predatory pricing whenever API production increases in India Representative Picture Prices

https://www.business-standard.com/opinion/columns/rbi-s-new-credit-risk-standards-are-game-changer-for-indian-economy-124082500539_1.html lipped from: https://www.business-standard.com/opinion/columns/rbi-s-new-credit-risk-standards-are-game-changer-for-indian-economy-124082500539_1.html A well-executed model risk management framework can give a lender precise credit assessment, improve customer trust and edge over competition Listen to

https://www.business-standard.com/opinion/columns/sbi-s-dinesh-khara-era-ends-his-successor-cs-setty-has-new-challenges-124082500363_1.html Clipped from: https://www.business-standard.com/opinion/columns/sbi-s-dinesh-khara-era-ends-his-successor-cs-setty-has-new-challenges-124082500363_1.html With Dinesh Khara’s legacy of stock market’s love for State Bank of India, his successor CS Setty faces the task of sustaining

https://www.business-standard.com/india-news/60-households-earning-rs-5-lakh-live-in-top-150-indian-districts-report-124082700758_1.html Clipped from: https://www.business-standard.com/india-news/60-households-earning-rs-5-lakh-live-in-top-150-indian-districts-report-124082700758_1.html The report has measured growth of districts based on a district potential index (DPI) score covering socio-economic indicators like income distribution and

https://www.business-standard.com/markets/ipo/five-most-overbought-sme-ipos-of-2024-see-1100x-demand-amid-frenzy-124082701114_1.html Clipped from: https://www.business-standard.com/markets/ipo/five-most-overbought-sme-ipos-of-2024-see-1100x-demand-amid-frenzy-124082701114_1.html Bets exceed Rs 65,000 crore even as these firms looked to raise a cumulative Rs 60 crore The Rs 7-crore IPO of

https://www.business-standard.com/finance/news/micro-loan-asset-quality-deteriorates-in-april-june-quarter-sa-dhan-124082700721_1.html lipped from: https://www.business-standard.com/finance/news/micro-loan-asset-quality-deteriorates-in-april-june-quarter-sa-dhan-124082700721_1.html Asset portfolio shrinks sequentially; Growth seen moderating by 2-3 percentage points in FY25 (Photo: Shutterstock) Listen to This Article The asset quality

https://www.business-standard.com/companies/news/retail-asset-quality-deposits-key-challenges-for-new-sbi-chairman-124082701243_1.html Maintaining loan growth momentum, protecting margins may not be easy as interest rate cycle changes Challa Sreenivasulu Setty The banking system in India is

https://www.business-standard.com/finance/news/rs-25-lakh-loan-at-5-needed-for-middle-class-homebuyers-naredco-president-124082700715_1.html Clipped from: https://www.business-standard.com/finance/news/rs-25-lakh-loan-at-5-needed-for-middle-class-homebuyers-naredco-president-124082700715_1.html Around 30% of Indians are unable to afford home loan EMIs at current rates, says G Hari Babu (Photo: Shutterstock) Amid rising

https://www.thehindubusinessline.com/opinion/loan-recovery-how-banks-blot-their-own-copybook/article68569618.ece Clipped from: https://www.thehindubusinessline.com/opinion/loan-recovery-how-banks-blot-their-own-copybook/article68569618.ece By overlooking the net interest margin earned while the loan was standard, banks create an inflated perception of losses when calculating ‘haircuts’

https://www.thehindubusinessline.com/opinion/editorial/sound-compromise/article68568575.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sound-compromise/article68568575.ece UPS addresses concerns of both employees and the fisc The new Unified Pension Scheme (UPS) rolled out by the Centre is a