Category: News of interest

MCA to implement new competition law provisions in a staggered manner – The Hindu BusinessLine https://www.thehindubusinessline.com/economy/mca-to-implement-recent-competition-law-changes-in-a-staggered-fashion/article66800672.eceThe Corporate Affairs Ministry (MCA) is now gearing up to

Clipped from: https://www.business-standard.com/world-news/us-regulators-racing-to-find-a-rescuer-to-buy-first-republic-bank-123043000722_1.html US regulators are racing to find a rescuer to buy First Republic Bank in a deal that could be announced as soon as

Clipped from: https://www.thehindubusinessline.com/books/the-pressure-bank-chairmen-faced-from-politicians/article66796303.ece Among the foremost bankers of yesteryears, Narayanan Vaghul, in his memoirs writes how bureaucrats and politicians browbeat bankers Excerpted from the book Reflections by Narayanan

Clipped from: https://www.thehindubusinessline.com/economy/new-gst-rule-from-monday-7-days-limit-to-report-old-invoices-on-the-e-invoice-irp-portals/article66795947.ece?cx_testId=22&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EX8OXMB4HBZD#cxrecs_s Experts say the new GST rule will help in moving almost real-time tracking of economic activities From Monday, come May 01, big GST

Clipped from: https://www.business-standard.com/world-news/federal-reserve-seen-boosting-rates-even-as-economic-risks-build-in-us-123043000182_1.html The Federal Open Market Committee is expected to boost the benchmark lending rate target by another quarter percentage point on Wednesday Photo: Bloomberg

Clipped from: https://www.financialexpress.com/money/the-menace-of-ponzi-apps-an-explainer/3068028/ Ponzi apps are apps from firms which run investment schemes with promises of high returns at a low risk, based on the principle

Clipped from: https://www.cnbc.com/2023/04/28/fed-report-on-svb-collapse-faults-banks-managers-and-central-bank-regulators.html watch now VIDEO3:3803:38 Fed: Silicon Valley Bank failed to manage basic interest rate, liquidity risk Squawk on the Street Silicon Valley Bank’s dramatic

Clipped from: https://www.cbsnews.com/news/federal-reserve-silicon-valley-bank-collapse-svb-failure/ The sudden collapse of Silicon Valley Bank last month was due to a combination of extremely poor bank management, weakened regulations and lax

Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/wipro-q4-buyback-pill-not-a-panacea-for-weak-fundamental-health/article66786341.ece With the stock trading at 18 times trailing PE amid weak earnings growth prospects, long term investors can avoid the stock for now.

Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-gujarats-mandatory-psu-dividend-and-buyback-policy-is-wrong/article66789956.ece Gujarat government must explore freeing up capital from its ailing enterprises, so that the promising ones can pursue their growth ambitions Unhappy with

Clipped from: https://www.thehindubusinessline.com/opinion/the-limits-to-sourcing-russian-oil/article66790501.ece PETRO BLUES India cannot ignore its traditional suppliers from the Gulf countries. Increasing Russian oil purchases beyond a point can have economic, strategic

Clipped from: https://www.financialexpress.com/opinion/freedom-not-licence/3064343/ Supervisory reviews have shown that some banking entities use the “operational autonomy” granted by the RBI as a licence to squeeze customers I

Clipped from: https://www.financialexpress.com/opinion/protecting-unorganised-sector-workers/3062664/ From proactively defining gig and platform workers to facilitate their inclusion in policy decisions to social security cover through various schemes, India has

Clipped from: https://www.business-standard.com/economy/news/after-a-slow-start-govt-s-ambitious-pli-scheme-may-take-off-in-fy24-123042701149_1.html Rs 8,083 cr is expected to be disbursed this fiscal Illustration: Binay Sinha As the government’s ambitious production-linked incentive (PLI) scheme enters its

Clipped from: https://www.business-standard.com/companies/news/q4-results-india-s-it-services-biggies-disappoint-on-expectations-123042701184_1.html Wipro net dips 0.4% in Q4, guides for revenue contraction in current quarter In terms of performance, analysts are hopeful on TCS, as

Clipped from: https://www.business-standard.com/companies/news/google-took-action-against-3-500-personal-loan-apps-in-2022-in-india-123042701334_1.html Globally, Google prevented 1.43 million policy-violating apps from being published on Google Play Photo: Bloomberg Listen to This Article Google in India took

Clipped from: https://www.taxscan.in/cash-deposit-from-sale-of-property-of-father-is-not-taxable-itat-quashes-addition/272604/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Cash%20Deposit%20from%20Sale%20of%20Property%20of%20Father%20is%20not%20taxable%20:%20ITAT%20quashes%20Addition The Amritsar bench of Income Tax Appellate Tribunal (ITAT) ruled that the assessee is not liable for payment of tax related to sale of property which belongs