Clipped from: https://www.financialexpress.com/industry/sme/startups-to-account-for-4-5-of-indias-gdp-over-3-5-years-study/2914976/ Gig workers replace permanent employees India is the third-largest startup ecosystem, behind only the US and China. Startups are expected to contribute about 4-5%
Category: May Look At Leisurely
Ransomware Prevention – The Economic Times*****
Clipped from: https://economictimes.indiatimes.com/epaper/delhicapital/2022/dec/15/et-edit/ransomware-prevention/articleshow/96235073.cms Synopsis 27% of malware incidents reported in 2020 can be attributed to ransomware. Ransomware — cyber extortion that occurs when malicious software infiltrates
Markets gulp as Fed doesn’t blink – The Economic Times***
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/markets-gulp-as-fed-doesnt-blink/articleshow/96260778.cms Synopsis Central banks worldwide are trying to rein in expectations of softening inflation while markets are betting against the economic pain the Fed
Case for pause in rate hike as growth focus intensifies: Govt official – The Economic Times*****
lipped from: https://economictimes.indiatimes.com/news/economy/policy/case-for-pause-in-rate-hike-as-growth-focus-intensifies-govt-official/articleshow/96238260.cms Synopsis Officials say there is growing concern in the government over a spillover from the global slowdown hurting the fragile economic recovery, and
Audit committees need to get their act together – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/opinion/audit-committees-need-to-get-their-act-together/article66263711.ece These committees must bring an ecosystem that fosters integrity to the internal audit processes External audit is an instrument of the audit committee,
IT’s prospects hit by global headwinds – The Hindu BusinessLine***
lipped from: https://www.thehindubusinessline.com/opinion/editorial/its-prospects-hit-by-global-headwinds/article66263823.ece IT companies should use the period of slowdown to reskill employees and invest for the long term In the past, companies have used
Fed downshifts to half-point hike, sees 5.1% rate next year – The Economic Times***
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/fed-downshifts-to-half-point-hike-sees-5-1-rate-next-year/articleshow/96234324.cms Synopsis The Federal Open Market Committee raised its benchmark rate by 50 basis points to a 4.25% to 4.5% target range. Policymakers projected
Global slowdown weighs on two-wheeler exports: SIAM – The Hindu BusinessLine*
Clipped from: https://www.thehindubusinessline.com/companies/global-slowdown-weighs-on-two-wheeler-exports-siam/article66263251.ece Major exporters such as Bajaj Auto, Hero MotoCorp, HMSI and TVS Motor Company, all have reported decline in sales The global slowdown has
IRDAI’s nudge to the insurance sector – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/opinion/irdais-nudge-to-the-insurance-sector/article66263644.ece The regulator’s measures will help the industry grow As interest rates harden across the globe, there is at least one financial sector gleeful
Condition of Proving ‘Source of Source of Funds’ under 68 not applicable to Non-Residents: ITAT deletes Income Addition*
Clipped from: https://www.taxscan.in/condition-of-proving-source-of-source-of-funds-under-68-not-applicable-to-non-residents-itat-deletes-income-tax-addition/233842/ Top Stories By Yogitha S. Yogesh – On December 14, 2022 5:40 pm The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the condition of proving
Hedging exports when premiums are falling | The Financial Express***
Clipped from: https://www.financialexpress.com/opinion/hedging-exports-when-premiums-are-falling/2909225/ With volatility up and premiums down (and sliding), the intuitive response is to shorten the hedging tenor—indeed, some exporters may stop hedging completely,
IRDAI’s new notification throws open wider choices for customers, corporate agents | The Financial Express***
Clipped from: https://www.financialexpress.com/money/insurance/irdais-new-notification-throws-open-wider-choices-for-customers-corporate-agents/2911898/ The measures taken by the IRDAI would help in increasing the insurance penetration in the country, as a corporate agent may represent up
A guide to buying foreclosed properties via bank auctions – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/a-guide-to-buying-foreclosed-properties-via-bank-auctions/article65840219.ece Should you buy an auctioned house just because of the discount? Look beyond the obvious “Home is where the heart is” goes the
Curbing individualism in public health – The Hindu*****
Clipped from: https://www.thehindu.com/opinion/lead/curbing-individualism-in-public-health/article66255892.ece All forms of individualistic approaches in public health need to be resisted to safeguard its original principles of practice, viz., population, prevention and
India paid a record $28 bn for importing 131.92 mt coal in H1 FY23 – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/markets/commodities/india-paid-a-record-28-b-for-importing-13192-mt-coal-in-h1-fy23/article66255444.ece The high value of imports was on account of surging international coal prices largely due to the Russia-Ukraine conflict and a weakening India
RBI should take note of uneven credit growth – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/credit-balance/article66255907.ece If credit demand continues to soar, banks will have to garner more deposits, mostly by hiking rates thus hurting margins Of late, strong
Monetary policy is starting to bite – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/opinion/monetary-policy-is-starting-to-bite/article66255998.ece The move towards a higher growth trajectory has weakened, thanks to rising lending rates During the period May-December 2022, the Monetary Policy Committee
Memoirs of an economic savant | Business Standard Column*******
Clipped from: https://www.business-standard.com/article/opinion/memoirs-of-an-economic-savant-122121201294_1.html C Rangarajan’s book is a superb record of the economic history of the initial years of reform Back in 2006, the good Drs
Digital lending apps: RBI received 13,000 complaints against banks, NBFCs | Business Standard News*****
Clipped from: https://www.business-standard.com/article/finance/digital-lending-apps-rbi-received-13-000-complaints-against-banks-nbfcs-122121200895_1.html The grievances, filed under RBI’s integrated ombudsman scheme of 2021 between April 2021 and Nov 2022, also cite harassment by recovery agents The Reserve
File tax return by Dec 31 if you haven’t yet, to avoid notice and penalty | Business Standard News*****
Clipped from: https://www.business-standard.com/article/pf/taxpayers-should-file-belated-return-by-dec-31-to-avoid-notice-penalty-122121200921_1.html Meeting that deadline will allow you to claim refund on excess tax deducted Taxpayers who missed the July 31, 2022 deadline for filing their
