Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/tokenisation-of-cards-heres-what-it-means-for-customers/articleshow/94489766.cms Synopsis Tokenisation aims to replace sensitive payment credentials like 16-digit credit card numbers, names, expiration dates and codes with unique alternatives. It is
Category: Study
Brief Summary of amendments in Companies Act 2013 WEF 1.04.2022-TAXGURU.IN
Clipped from: https://taxguru.in/company-law/brief-summary-amendments-companies-act-2013-wef-1-04-2022.html?utm_source=feedburner&utm_medium=email Brief Summary of MCA amendments of Companies Act 2013 effective from 1st April 2022 1. Companies (Management and Administration) Amendment Rules, 2022 Notification shall come into
*******The downside to trade settlement in rupees – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-downside-to-trade-settlement-in-rupees/article65651671.ece For this move to succeed, raising imports and exports and implementing major financial market reforms are vital The Reserve Bank of India’s recently
*******Validity of Service Tax Notices Based on Form 26AS–TAXGURU.IN
Clipped from: https://taxguru.in/service-tax/service-tax-notices-based-26as-aspects-validity.html 1. Recently (mainly December 2020) spate of show-cause notices (SCN) have been issued seeking to demand the service tax on the differential amounts
*******Central banks: Redeeming credibility | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/central-banks-redeeming-credibility-122071501472_1.html Central banks seem to have forgotten that there is one role, viz. controlling inflation, which is solely their responsibility The world over, central banks are
*******’Right to Repair’: Soon, consumers & third-party vendors may fix products | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-plans-right-to-repair-to-let-consumers-third-party-repair-products-122071401142_1.html Committee identifies farming equipment, cell phones, consumer durables among sectors for policy The government will make it mandatory for car, cell phone and other consumer goods companies
As rupee falls, spread between India and US bond yields tightens | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/as-rupee-falls-spread-between-india-and-us-bond-yields-tightens-122071401286_1.html In comparison, the recent decline in the yield spread is because bond yields in the US have risen faster than in India Photo:
Global recession fears may ease inflationary pressures: Govt report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflationary-stress-may-ease-on-fears-of-recession-finance-ministry-122071401342_1.html CAD will deteriorate if crude prices don’t come down Illustration: Binay Sinha With global prices set to soften due to fears of a
*****Fiscal deficit reined in, CAD a concern: Finance Ministry – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/fiscal-deficit-under-control-current-account-a-worry-finmin/article65640824.ece?homepage=true “Inflation, trade deficit are key challenges” “Inflation, trade deficit are key challenges” India’s macro risks have receded in recent weeks and concerns about
*******CAD expected to deteriorate in FY23 on costlier import: FinMin Report | The Financial Express
Clipped from: https://www.financialexpress.com/economy/cad-expected-to-deteriorate-in-fy23-on-costlier-import-finmin-report/2594230/ On the positive side, the report said, agriculture is picking up momentum with the revival in monsoon and Kharif sowing. The geographical distribution
*****Inflation is likely to remain elevated, even as commodity prices soften. RBI must continue to prioritise inflation management | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/first-price-stability-8025557/ MPC members are yet to elaborate on what their expectations of the terminal rate is, considering the long lags, the committee must front-load
*India Russia rupee trade: Chief of Russia’s PSCB Bank backs rupee trade, cites big opportunities – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/forex/petersburg-social-commercial-bank-may-be-a-focal-point-of-india-russia-rupee-trade/articleshow/92863192.cms Synopsis Replacement of European companies in the Russian market by Indian companies is increasing, Vladimir L Pribytkin, the bank’s founder and chairman told
*****Walking and talking down retail inflation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/walking-and-talking-down-retail-inflation/articleshow/92860263.cms Synopsis Principally, though, policy is targeting food and fuel price movements, which are excluded to arrive at core inflation – a better yardstick
*******Diversifying from dollar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/diversifying-from-dollar/article65636341.ece Bilateral agreements for settlement of trade in rupee should be signed with major trading partners The Reserve Bank of India’s permission to Indian
The idea of State trading enterprises isn’t dead – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-idea-of-state-trading-enterprises-isnt-dead/article65636620.ece In a post-Ukraine world, canalising agencies could once again become relevant — provided they are market savvy So Adani isn’t omnipotent after all.
*******All about the funding winter for start-ups – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/bl-explainer-all-about-the-funding-winter-for-start-ups/article65634481.ece Funding in the Indian start-up ecosystem has fallen by 40 per cent to $6.8 billion in the second quarter of calendar year 2022
*******Allowing investment of Vostro account surplus in G-Sec, T-Bills ‘opens new avenues for government to borrow – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/surplus-rupee-balances-in-vostro-accounts-can-now-be-invested-in-g-secs-t-bills/article65636159.ece Balance in Special Vostro accounts can be used for payments for projects and investments With the Reserve Bank of India (RBI) enabling rupee
*******How the RBI is creating conditions for foreign flows to come back to India | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/how-the-rbi-is-creating-conditions-for-foreign-flows-to-come-back-to-india-122071300776_1.html The RBI announced five measures on July 6 to further liberalise foreign exchange. The measures are aimed at creating a more enabling environment
*******Low growth and high inflation expected this year: N Chandrasekaran | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/low-growth-and-high-inflation-expected-this-year-n-chandrasekaran-122071301104_1.html The World Bank last month cut India’s economic growth forecast for the current fiscal to 7.5 per cent owing to rising inflation, supply
MF industry AUM hit 11-month low, stocks of 4 firms underperform | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/mf-industry-aum-hit-11-month-low-at-rs-35-64-trn-122071301206_1.html The mutual fund industry – which makes money managing assets – has seen zero growth in 11 months. Photo: Shutterstock The assets managed
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