Clipped from: https://www.financialexpress.com/money/card-payments-card-tokenisation-makes-online-payments-safer/2595665/ The RBI had mandated that after December 31, 2021, entities other than card networks and card issuers cannot store data. Tokenisation will be
Category: May Look At Leisurely
Charting the Global Economy: The risk of a euro-area recession is growing – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/charting-the-global-economy-the-risk-of-a-euro-area-recession-is-growing/articleshow/92931235.cms Synopsis Recession calls are growing in Europe amid record-high inflation and weakening investor confidence, though the planned reopening of a key Russian gas
ITR filing: 9-point checklist to help you file your income tax return within 30 mins – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-9-point-checklist-to-help-you-file-your-income-tax-return-within-30-mins/articleshow/92905428.cms Synopsis These nine steps will help you prepare your tax return and ensure a smooth filing. As the last date for filing tax returns approaches,
Digital lenders: Towards inclusion of MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/digital-lenders-towards-inclusion-of-msmes/article65651447.ece MSME focussed digital lenders have brought inclusion and formalisation of credit by providing widespread access to information India is now a country of
Is the ‘beneficial owner’ also a ‘related party’? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/is-the-beneficial-owner-also-a-related-party/article65639552.ece The Bombay High Court judgment in the case of World Crest Vs Yes Bank seems to put financial creditors at a disadvantage Close on the
*Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-inc-turns-generous-with-dividend-payouts-122071700431_1.html Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal Illustration: Ajay Mohanty Hindustan Zinc (HZL), a subsidiary of Vedanta, announced
‘Account Aggregator framework is a boon to SMBs as lenders won’t be able to store, analyse, sell financial info’ | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-account-aggregator-framework-is-a-boon-to-smbs-as-lenders-wont-be-able-to-store-analyse-sell-financial-info/2584155/ Credit and Finance for MSMEs: With the AA framework in place, India’s financial ecosystem will see a complete transformation. It will do to
*HDFC Bank lost Rs 50k-cr corporate loans as competitors offered lower rates | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/hdfc-bank-lost-out-rs-50-000-cr-corporate-loans-after-interest-rate-hike-122071700233_1.html?code=NTM4OTU9MTIyMDcxNzAwMjMz Merger-related dispensations separately handled by RBI, says HDFC Bank CFO Srinivasan Vaidyanathan HDFC Bank, the country’s largest private-sector lender, lost to competition wholesale
*IT stocks outlook: IT stocks to stay under pressure in the near term: Morgan Stanley – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/it-stocks-to-stay-under-pressure-in-the-near-term-morgan-stanley/articleshow/92912122.cms Synopsis The IT index on the BSE ended down 0.2% at 27,122.90 after hitting a 52-week low during the session. These shares have
*Does TCS have more room to fall? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/tech-query-does-tcs-have-more-room-to-fall/article65646957.ece We zoom in on its prospects, as also that of two other stocks: Indian Oil Corporation and Venky’s (India) I have bought shares
*****YES Bank, JC Flowers in pact for ARC in bid to seal largest ever NPA deal | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/yes-bank-says-jc-flowers-arc-base-bidder-for-bad-loans-up-to-rs-48k-crores-122071500331_1.html This is being termed the single-largest bad loan deal The bank plans to conduct the bidding process on a Swiss challenge basis for
*We are looking at being distinctive as a bank: Axis Bank MD & CEO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/we-are-looking-at-being-distinctive-as-a-bank-axis-bank-md-ceo-122071500949_1.html In a Q&A, Axis Bank MD & CEO Amitabh Choudhry says bank’s core leadership is focused on 19 transformative initiatives, at both business
*Demand recovery a rosy picture for paint companies in Apr-Jun quarter | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/demand-recovery-a-rosy-picture-for-paint-companies-in-apr-jun-quarter-122071501046_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Listed paint companies could report over 30 per cent revenue growth year-on-year (YoY), aided by double-digit volume growth in decorative paints and cumulative
Fall in rupee against USD lower than many major currency – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/fall-in-rupee-against-usd-lower-than-many-major-currency/article65644534.ece Indian rupee money bag and red arrow down. Economic difficulties. Capital flight, high risks. Costs expenses. Crisis, loss savings. Stagnation, recession, declining business
G-Sec yields rise on fears of aggressive Fed rate rate hike and rising crude oil price – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/g-sec-yields-rise-on-fears-of-aggressive-fed-rate-rate-hike-and-rising-crude-oil-price/article65644917.ece Floating Rate Bond devolves on PDs at the auction Government securities (G-Secs) prices declined on Friday, tracking US Treasury yields, as the bond
ITR 2021-22: These high-value transactions must be declared in your return | Business Standard News
lipped from: https://www.business-standard.com/article/pf/itr-2021-22-these-high-value-transactions-must-be-declared-in-your-return-122071500205_1.html Such transactions attract special attention from the income tax (I-T) department and are mandatory to be furnished. If not, they may lead to
Rupee News: Rupee touching 80 to a dollar doesn’t mean Indian fundamentals are very weak: Mythili Bhusnurmath – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/expert-view/rupee-touching-rs-80-to-a-dollar-doesnt-mean-indian-fundamentals-are-very-weak-mythili-bhusnurmath/articleshow/92890764.cms SECTIONS Rupee touching 80 to a dollar doesn’t mean Indian fundamentals are very weak: Mythili Bhusnurmath By Tamanna Inamdar ,Last Updated: Jul 15,
MSME News: MSMEs bounce back with normalising repayments: SIDBI MD Sivasubramanian Ramann – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-bounce-back-with-normalising-repayments-sidbi-md-sivasubramanian-ramann/articleshow/92881202.cms Small Industries Development Bank of India (SIDBI), the biggest lender in the vital SME segment, believes the damage to the financial system would be
trade deficit: Imports eclipse exports growth, fuel CAD fears – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indias-overall-exports-climbs-23-yoy-in-june-imports-jump-55-7/articleshow/92894221.cms Synopsis India’s overall exports, merchandise and services combined, are estimated to have grown 22.95% year-on-year in June 2022, at around US$ 64.91 billion,
Fed official signals willingness to hike interest rates full percentage point | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/fed-official-signals-willingness-to-hike-interest-rates-full-percentage-point-1126801.html The Fed in March began aggressively raising borrowing costs to try to cool demand amid the impact of the Ukraine war The Fund
