Clipped from: https://www.financialexpress.com/opinion/an-inevitable-decision-duty-hikes-on-oil-are-a-practical-move-in-the-face-of-a-tough-external-environment/2579974/ One could also argue such out-of-turn revisions in duties are generally undesirable in the interest of tax structure stability. One could also argue
Category: May Look At Leisurely
Oil taxes: Reliance stock falls over 7%, ONGC shares tumble more than 13% | The Financial Express
Clipped from: https://www.financialexpress.com/market/oil-taxes-reliance-stock-falls-over-7-ongc-shares-tumble-more-than-13/2580037/ Analysts at Jefferies observed that if RIL’s SEZ refinery is exempted from the tax, the impact on GRMs will be just $1 per
Taming twin deficit: Tax imposed on fuel exports, levy on crude doubled | The Financial Express
Clipped from: https://www.financialexpress.com/economy/taming-twin-deficit-tax-imposed-on-fuel-exports-levy-on-crude-doubled/2579454/ The Indian rupee hit a new all-time low of 79 against the dollar on Friday, amid unabated FPI outflows from equities and a
Asian Paints sees scope to reinvent amid continuing global uncertainties | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/asian-paints-sees-scope-to-reinvent-amid-continuing-global-uncertainties-122062901138_1.html Chairman Deepak Satwalekar tells investors at AGM that the firm’s network penetration and brand strength saw its decorative business deliver 31% growth by
Housing sales fall 15 pc in Apr-Jun in top 7 cities from previous quarter on rise in property, mortgage rates | The Financial Express
Clipped from: https://www.financialexpress.com/money/housing-sales-fall-15-pc-in-apr-jun-in-top-7-cities-from-previous-quarter-on-rise-in-property-mortgage-rates/2578043/ On Wednesday, housing brokerage firm PropTiger released its data, which showed that sales jumped over 4.5 times year-on-year in April-June across eight cities
The rupee’s decline — need to curb volatility of capital flows – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-rupees-decline-need-to-curb-volatility-of-capital-flows/article65573549.ece The rupee has been declining continuously in the last three years. This has added to the inflationary pressures in the economy The second
The art and science of managing inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-art-and-science-of-managing-inflation-122062800021_1.html The conduct of monetary policy is not based on simplistic binaries, particularly during times of extraordinary uncertainty The conduct of monetary policy in
Imports come under scrutiny over widening CAD – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/imports-come-under-scrutiny-over-widening-cad/articleshow/92504240.cms Synopsis A senior government official said revenue authorities are being vigilant after the trade deficit hit a record $24.3 billion in May but
India may benefit from recession in advanced economies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-may-benefit-from-recession-in-advanced-economies/articleshow/92491111.cms Synopsis India may benefit from a recession in the advanced economies as some amount of moderation in global commodities prices may help cool
Rating agencies caught in the crossfire | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rating-agencies-caught-in-the-crossfire-122062600676_1.html There are close to 300 triple-A rated companies. Many of them will be downgraded and banks’ capital requirements will rise The rules of
Why 80 rupees per dollar isn’t a sign of weakness | India News – Times of India
lipped from: https://timesofindia.indiatimes.com/india/why-an-80-rupee-dollar-isnt-a-sign-of-weakness/articleshow/92460595.cms The world over, people tend to view a strong national currency as a sign of virility, like an erect penis. That may be
Twin deficits – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/bl-explainer-twin-deficits/article65567505.ece What is the twin deficit challenge that the government is talking about? Twin deficit refers to the fiscal and current account deficit. Fiscal
There should not be ‘intolerable growth sacrifice’ to tame inflation abruptly: RBI’s MPC member Jayanth Varma – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/there-should-not-be-intolerable-growth-sacrifice-to-tame-inflation-abruptly-rbis-mpc-member-jayanth-varma/articleshow/92469652.cms Synopsis Jayanth Varma, who is a professor of finance and accounting at IIM Ahmedabad, said he sees the risks to inflation as balanced
What is a recession?–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/explained/everyday-explainers/what-is-a-recession-explained-7990703/ A brief guide to what you should know about recessions and why some people are talking about the next one now. A roadside
Who doesn’t want growth? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/who-doesn-t-want-growth-122062301299_1.html The RBI, however, cannot use the growth argument to justify inflation The preamble of the Reserve Bank of India (RBI) Act, as amended in 2016, inter
Shaktikanta Das: Inflation over 6% hurts growth… It has become broad-based and RBI is addressing it, says Das
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/inflation-over-6-hurts-growth-it-has-become-broad-based-and-rbi-is-addressing-it-says-shaktikanta-das/articleshow/92426490.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The revival of economic activity continues to be steady and is gaining traction, and RBI is on track to bring down inflation
Uploading or serving of a summary of show cause in Form GST-DRC-01 under rule 142(1) is mandatory-TAXGURU
Clipped from: https://taxguru.in/goods-and-service-tax/uploading-serving-summary-show-cause-form-gst-drc-01-rule-1421-mandatory.html?utm_source=feedburner&utm_medium=email Balaji Traders Vs State Tax Officer (Madras High Court) The uploading or serving of summary of show cause in Form GST-DRC-01 under Rule
textile industry: Garment exporters face potential loss of Rs 1,200 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/garment-exporters-face-potential-loss-of-rs-1200-crore/articleshow/92343936.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The textile industry employs around 45 million workers and is expected to be worth more than $209 billion by 2029. But if
*****Surety Bonds stuck: Irdai asked to come up with model product | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/banking-and-finance/surety-bonds-stuck-irdai-asked-to-come-up-with-model-product-7979067/ Road Transport Minister Nitin Gadkari had met the CEOs of some general insurance companies to fix some of legal and technical hitches that
*****If inflation is prolonged, then it’ll start impacting savings products too: MD & CEO, HDFC Life | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/interview-with-md-ceo-hdfc-life-7979109/ Stating that the premiums should stabilise now, she also called for the regulator to permit life insurance companies to sell health indemnity as
