lipped from: https://www.business-standard.com/article/opinion/assessing-contagion-little-then-lottle-like-ketchup-coming-out-of-bottle-123031701111_1.html In every systemic crisis, there are initial soothing noises from regulators and commentators: There won’t be contagion. Except that eventually there is contagion
Category: Seven Star
🙏🙏🙏🙏🙏🙏🙏ECB hikes rate by 50bps to 3.5% despite bank chaos; highest since Oct 2008 | Business Standard News
Clipped from: https://www.business-standard.com/article/international/ecb-hikes-rate-by-50bps-to-3-5-despite-bank-chaos-highest-since-oct-2008-123031601112_1.html In a post-meeting statement, the bank called the banking sector in the 20 countries using the euro currency resilient, with strong finances The
🙏🙏🙏🙏🙏🙏🙏Global uncertainty rising, need to maintain margins of safety: V Nageswaran | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/global-uncertainty-rising-need-to-maintain-margins-of-safety-v-nageswaran-123031600460_1.html CEA V Anantha Nageswaran said the global uncertainty has been rising after the recent developments in the US and govts, businesses and individuals
👍👍👍👍👍👍👍No case for extending gold ‘hallmarking’ deadline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/no-case-for-extending-gold-hallmarking-deadline/article66623798.ece Hallmarking and assaying centres may have to be increased going ahead Jewellers have been given enough time to comply with the new hallmarking
👍👍👍👍👍👍👍Can Indian banks implode like SVB? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/can-indian-banks-implode-like-svb/article66623716.ece In SVB’s case the asset-liability gap is huge. India has diversified liabilities in the form of a retail deposit base, while investment portfolios
🙏🙏🙏🙏🙏🙏🙏Google is not just dominant but ‘super dominant’, CCI tells NCLAT | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/google-is-super-dominant-and-not-just-dominant-cci-tells-nclat-123031501159_1.html Argues that competition law puts onus on Google not to abuse its dominant position and not allow its conduct to impair genuine undistorted
👍👍👍👍👍👍👍SVB’s collapse calls for a fresh look at regulations – The Hindu BusinessLine
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
👍👍👍👍👍👍👍What led to SVB failure and its impact on India – The Hindu BusinessLine
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
👍👍👍👍👍👍👍Perhaps it is time for India to introduce tort law and punitive damages | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/strengthening-public-liability-insurance-123031200930_1.html Those who cause bodily harm, property damage, or financial loss to others on their premises or due to their operations should be liable
👍👍👍👍👍👍👍Settlement Commission looks to raise awareness through FAQs | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/settlement-commission-looks-to-raise-awareness-through-faqs-123031200958_1.html Where the taxpayers are doubtful on whether they will be penalized, it makes sense to opt for settlement and get a quick closure.
🙏🙏🙏🙏🙏🙏🙏Inflation expected to come down over the year: RBI MPC member Ashima Goyal | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflation-expected-to-come-down-over-the-year-rbi-mpc-member-ashima-goyal-123031200261_1.html Goyal said that India has successfully dealt with ‘pluri-shocks’ over the past three years, showing considerable resilience Inflation is expected to come down over
🙏🙏🙏🙏🙏🙏🙏Searchable database for unclaimed shares needed | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/searchable-database-for-unclaimed-shares-needed-123031200877_1.html A publicly available transparent database would increase the chances of genuine claimants finding out and making their claims, thus reducing the chances of
🙏🙏🙏🙏🙏🙏🙏A good night’s sleep for both banks and Reserve Bank | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-good-night-s-sleep-both-for-banks-and-reserve-bank-123031200509_1.html Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the “distance to default” as a
👍👍👍👍👍👍👍Account aggregator framework set to change dynamics in retail finance scene | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/account-aggregator-framework-set-to-change-dynamics-in-retail-finance-scene-123031200685_1.html The AA framework is creating a huge marketplace – based on customers’ consent for sharing data – for all manner of financial vendors
👍👍👍👍👍👍👍Fate of section 148 Notices for AY 2013-14 and AY 2014-15 still hanging
Clipped from: https://taxguru.in/income-tax/fate-section-148-notices-ay-2013-14-ay-2014-15-hanging.html Objective The Author in this article discusses the differing views taken by two high courts (exactly opposing views) on the question of limitation as to
👍👍👍👍👍👍👍SVB collapse a sign of pain coming from end of easy-cash era – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/svb-collapse-a-sign-of-pain-coming-from-end-of-easy-cash-era/article66605280.ece Silicon Valley Bank sought funds to offset a hit on a $21 billion bond portfolio due to surging rates as customers withdrew deposits.
👍👍👍👍👍👍👍What caused Silicon Valley Bank’s failure? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/what-caused-silicon-valley-banks-failure/article66606332.ece Here is the sequence of events that led to Silicon Valley Bank’s failure: A locked door to a Silicon Valley Bank location on
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