Clipped from: https://www.financialexpress.com/opinion/tomato-humbles-rbi/2612716/ Higher the weight of food in the overall CPI, the more difficult it is for monetary-policy-squeeze alone to contain inflation. Inflation in tomatoes
Category: Seven Star
Power shift – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/power-shift/article65707018.ece India should balance its renewables shift with meeting energy security goals The Ukraine-Russia war, and the Covid-related supply disruption before that, have led
Commerce ministry issues norms for engaging consultants | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/commerce-ministry-issues-norms-for-engaging-consultants-122073100983_1.html The terms of reference for engagements shall include the functions to be performed and the outputs to be delivered The Ministry of Commerce
How much rate hike this week: 50 or 35 bps? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-much-rate-hike-this-week-50-or-35-bps-122073100706_1.html I would root for a 50-bps hike for now to demonstrate the RBI’s resolve to fight inflation and stem deprecation of the rupee.
When $640 billion is not enough | Business Standard Column
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msme-sectors-share-in-indias-gdp-drops-from-over-30-govt-data/2609856/ Ease of Doing Business for MSMEs: Former MSME Minister Nitin Gadkari in 2020 had set a target of increasing MSMEs’ share in exports
Focused Fed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/focused-fed/article65694521.ece Fed’s actions put RBI in a difficult situation in striking a balance between growth and inflation For emerging markets such as India, there’s
Input tax credit system needs automation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/input-tax-credit-system-needs-automation/article65695096.ece A seamless, system-driven structure that does not rely on human intervention will usher in a fraud-free and future-ready GST The input tax credit
After Fed rate hike, RBI may follow suit, say economists – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/after-fed-rate-hike-rbi-may-follow-suit-say-economists/article65694856.ece The Reserve Bank of India (RBI) may increase repo rate by anywhere between 35 and 50 basis points at the upcoming Monetary Policy
Easing of windfall tax, a breather for oil firms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/easing-of-windfall-tax-a-breather-for-oil-firms/article65695224.ece The tax will offset revenue forgone via excise duty cuts on fuel When the Russia-Ukraine tensions started, little did anyone think about the
Right said Fed, Can inflation be peaking? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/right-said-fed-can-inflation-be-peaking/articleshow/93195407.cms Synopsis The Fed, however, is not done yet, and the interest rate differential between the US and India will keep narrowing if the
India’s fiscal situation is precarious. But reducing the deficit cannot be the only objective – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-indias-fiscal-situation-is-precarious-but-reducing-the-deficit-cannot-be-the-only-objective/articleshow/93195200.cms Synopsis The combined deficit of the Centre and the states – which is the relevant parameter – is probably close to 10% of
Lessons from a tax cut | Business Standard Column
ears of a huge revenue loss from the 2019 reduction in corporation tax rates were exaggerated Almost three years ago, the Modi government had introduced
Forex umbrella – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/forex-umbrella/article65686067.ece RBI has enough forex reserves to ensure orderly movement in the rupee An unnecessary debate is on currently over whether the RBI is
Avoid aggressive management of rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/avoid-aggressive-management-of-rupee/article65686738.ece Forex intervention by RBI has actually contained rupee depreciation. But the benefits of heavy intervention are not very clear The rupee has crossed
us recession: Deeper US recession spells big trouble for India, says Swaminathan Aiyar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/deeper-us-recession-spells-big-trouble-for-india-says-swaminathan-aiyar/articleshow/93129880.cms SECTIONS Deeper US recession spells big trouble for India, says Swaminathan Aiyar By Tamanna Inamdar ,Last Updated: Jul 26, 2022, 02:39 PM IST
recession: A global recession will pose enormous fiscal challenges. India must be prepared – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/a-global-recession-will-pose-enormous-fiscal-challenges-india-must-be-prepared/articleshow/93145050.cms Synopsis India’s fiscal deficit was at 2.5% of GDP when the Great Recession struck, and Pranab Mukherjee increased it to 6.9%. This time,
*******Anomalies in GST order on packaged food – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/anomalies-in-gst-order-on-packaged-food/article65678428.ece Gaps between the recent GST order, Packaged Commodities rules and provisions of Legal Metrology Act have caused confusion While the entire nation is
*******Rupee at 80: What can be done? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rupee-at-80-what-can-be-done-122072400487_1.html We need to maintain the gap of interest rate differential with the US by raising rates in a measured way and allow the
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How to start a small scale salon or beauty parlour business https://economictimes.indiatimes.com/news/how-to/how-to-start-a-small-scale-salon-business/articleshow/93049325.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
*******HC explains Provisions of Section 148A of Income Tax Act, 1961–TAXGURU.IN
Clipped from: https://taxguru.in/income-tax/hc-explains-provisions-section-148a-income-tax-act-1961.html?utm_source=feedburner&utm_medium=email Abdul Majeed Vs ITO (Rajasthan High Court) High Court held that while passing an order under Section 148A of the Act, the authority
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