Category: May Look At Leisurely

Clipped from: https://www.business-standard.com/article/companies/brake-on-hiring-boost-it-industry-s-profit-per-employee-shows-data-123011701150_1.html Productivity improves in terms of revenue per employee A slowdown in hiring by India’s top IT companies has resulted in a sharp increase in the industry’s

lipped from: https://www.business-standard.com/article/finance/default-rate-in-microfinance-sector-declining-post-pandemic-report-123011701104_1.html Karnataka and Tamil Nadu are the states with the highest percentage of outstanding loans from micro finance followed by Bihar, Uttar Pradesh and

Clipped from: https://www.business-standard.com/article/companies/reliance-industries-likely-to-hive-off-green-energy-business-to-invit-123011701016_1.html Jefferies values firm’s green hydrogen business at $8 bn Reliance Industries is likely to hive off its green hydrogen business to an InvIT structure at

Clipped from: https://www.financialexpress.com/opinion/indian-it-services-in-2023/2950212/ After the surge in hiring during the pandemic years, 2023 could bring in a trend reversal for the IT sector he IT sector’s

Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/budget-2023-pharmacy-of-the-world-has-a-chinese-achillean-heel/articleshow/97046291.cms Synopsis Given how crucial the pharmaceutical industry is to the country’s economy, its reliance on China for raw materials is particularly alarming. Pharma

Clipped from: https://economictimes.indiatimes.com/news/international/business/russia-posts-record-current-account-surplus-of-227-bln-in-2022/articleshow/97063769.cms Synopsis Russia’s current account – a measure of the difference between all money coming into a country through trade, investment and transfers, and

Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indias-rising-home-prices-rentals-a-new-inflation-threat/articleshow/97050823.cms Synopsis Housing rentals and ancillary costs have a 10.07% weightage in India’s consumer price inflation basket and are near three-year highs, posing a

Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-issues-draft-on-expected-credit-loss-based-provisioning-by-banks/article66383901.ece Will bring provisioning requirements for banks on par with those for NBFCs | Photo Credit: ALTAF HUSSAIN The RBI has issued a discussion

Clipped from: https://www.thehindubusinessline.com/opinion/stop-creating-tax-vivads/article66384237.ece The Revenue must stop raising irrecoverable tax demands The crux of the problem is that tax demands are being raised without proper due

Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-first-advance-warning-of-2023-24/2948407/ Although based on data available only for the first eight months of the financial year, and some numbers are extrapolated, the estimates contain

Clipped from: https://www.financialexpress.com/opinion/getting-more-from-taxation/2949031/ The government needs to expand the tax base and not tax the already-taxed some more. Sustainability and realisation of tax must be made

Clipped from: https://www.financialexpress.com/industry/employee-exodus-at-vodafone-idea-as-20-of-sales-team-quits/2949106/ Attrition is in line with industry trends, says telco The telco is now scouting for replacements and has listed as many as 986

Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-proposes-banks-to-design-own-credit-loss-models/2950327/ The banks will have to make provisions for delays made by borrowers in their repayments under the proposed framework, in addition to existing

Clipped from: https://www.business-standard.com/article/finance/securitisation-volumes-see-over-40-yoy-uptick-in-9-month-of-fy23-crisil-123011600707_1.html The commercial vehicle segment witnessed 31 per cent growth and microfinance segment saw 14 per cent growth in the securitisation market Securitisation volumes have

Clipped from: https://www.business-standard.com/article/opinion/positive-signals-123011500910_1.html IT companies have done better than expected The third quarter (October-December 2022) was expected to be grim for the IT sector. Guidance had

Clipped from: https://www.business-standard.com/article/pf/us-federal-reserve-interest-rate-cut-expectations-driving-yellow-metal-up-123011600919_1.html Mild recession, low inflationary pressures in the US and a stronger rupee would act as headwinds Gold closed at Rs 56,655 per 10 grams

Clipped from: https://www.thehindu.com/business/us-fda-pulls-up-sun-pharma-for-lapses-at-gujarat-plant/article66378518.ece The U.S. health regulator has pulled up drug major Sun Pharma for manufacturing lapses, including failure to follow appropriate written procedures designed to

Clipped from: https://www.thehindu.com/business/Economy/rise-in-government-capital-spending-pushes-investments-up-by-53/article66374631.ece Fresh investments have surged 53% to ₹21.14 lakh crore so far in 2022-23, according to Projects Today; a 61% sequential rise in government

Clipped from: https://www.thehindu.com/business/credit-expansion-will-taper-down-next-year-if-deposits-growth-doesnt-rise-axis-bank-md/article66374568.ece The handsome credit growth witnessed at present will taper down next year if deposit growth continues to lag behind, Axis Bank chief executive

Clipped from: https://www.thehindu.com/real-estate/real-estate-expectations-union-budget-2023-recommendations/article66364372.ece With residential real estate bouncing back last year amid unfavourable conditions, Union Budget 2023 to be presented on February 1 should be able