Clipped from: https://www.thehindubusinessline.com/money-and-banking/cgtmse-needs-to-be-urgently-revamped-sbi-report/article66422841.ece The ERD suggested reduction or phase-out of the Annual Guarantee / Service fees to 0.50 per cent of the loan amount across all the slabs
Category: Study
India’s remittance lifeline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/indias-remittance-lifeline/article66424978.ece Remittances were a source of comfort for India’s BoP during the pandemic. But a shift in share of sources is worrisome The Gulf
Meesho sellers start the process to form a union after a recent out-of-stock strike – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/meesho-sellers-start-the-process-to-form-a-union-after-a-recent-out-of-stock-strike/article66424796.ece Sellers are protesting the increased number of wrong deliveries and low claim acceptance rate on Meesho in the past month Meesho sellers are
A crucial Budget for banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-crucial-budget-for-banks/article66425116.ece With liquidity becoming tight, sectors where the Budget signals a credit push in the context of elections will be closely watched Banks will
IT Rules changes need a careful relook | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/it-rules-changes-need-a-careful-relook/2957928/ Money laundering, fraud and tax evasion—real or virtual—are risks that won’t go away on their own There are various positives that need to
Pampering bondholders | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/pampering-bondholders/2957953/ It is not the banks’ or regulator’s job to protect investors who throw caution to the winds because of greed A decision against
🙏🙏Fix the fisc | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/fix-the-fisc/2956793/ To maintain debt at sustainable levels, expenditure control is unavoidable Constraint is important because while interest rates should soften in the later part
PIB job: Can govt be own judge, jury, executioner?
Clipped from: https://www.deccanchronicle.com/opinion/dc-comment/220123/dc-edit-pib-job-can-govt-be-own-judge-jury-executioner.html Press Information Bureau to mark any news item as “fake news”. (Representational image: ANI) The recently-proposed amendment to the Information Technology Rules
Credit rating agencies ask RBI to come out with default recognition criteria – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/credit-rating-agencies-ask-rbi-to-come-out-with-default-recognition-criteria/articleshow/97232916.cms Synopsis With the central bank and the capital market regulator, the Securities and Exchange Board of India (Sebi), parting ways on how different
👍👍👍War for deposits will intensify | Business Standard Column-
Clipped from: https://www.business-standard.com/article/opinion/war-for-deposits-will-intensify-123012200499_1.html For most banks, the liability part of the balance sheet has been on autopilot, and the strategies have evolved around credit growth and
🙏Cut down fuel prices if crude has stabilised, under-recoveries narrowed, Oil Minister tells OMCs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/cut-down-fuel-prices-if-crude-has-stabilised-under-recoveries-narrowed-oil-minister-tells-omcs/article66420090.ece Says fuel prices under check despite volatile Indian crude basket Minister for Petroleum and Natural Gas Hardeep Singh Puri | Photo Credit: Manvender
UPI has given cashless economy a boost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/upi-has-given-cashless-economy-a-boost/article66414669.ece Thanks to NPCI’s efforts, the value of payments via UPI has zoomed. But penetration into rural areas remains a challenge Payment ease: UPI
Why currency is still in demand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-currency-is-still-in-demand/article66421105.ece Rural India is still largely cash-driven, and the huge shadow economy survives on currency Preserving privacy, security from cybercrime, and providing a medium of
Ugly truth of layoffs: Firms invest huge resources to rebuild workforce | Business Standard News
Clipped from: https://www.business-standard.com/article/jobs/ugly-truth-of-layoffs-firms-invest-huge-resources-to-rebuild-workforce-123012200637_1.html ‘Understaffing isn’t always a result of management short-sightedness’ Chronic understaffing hurts motivation and, of course, performance Employers these days seem to feel they
‘Chargesheets are not public documents’: Breaking down the SC ruling | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/chargesheets-not-public-documents-breaking-down-sc-ruling-8396054/ What is a chargesheet, and how is it different from an FIR? Why did the SC say that a chargesheet cannot be treated
🙏Diamond production down by 21%; 10,000 workers lose jobs, salary cuts for others – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/diamond-production-down-by-21-10000-workers-lose-jobs-salary-cuts-for-others/articleshow/97218249.cms Synopsis According to the union’s rough estimate some 10,000 diamond workers have lost their jobs in the last few months because of production
About 3,000 tech employees now being fired a day on average in Jan – The Economic Times
lipped from: https://economictimes.indiatimes.com/jobs/about-3000-tech-employees-now-being-fired-a-day-on-average-in-jan/articleshow/97220280.cms Synopsis In 2022, over 1,000 companies laid off 154,336 workers, as per the data by layoffs tracking site Layoffs.fyi. The mass tech layoffs
🙏Sebi carries out nationwide raids on market experts for front-running | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-carries-out-nationwide-raids-on-market-experts-for-front-running-123012000602_1.html?code=NTM4OTU9MTIzMDEyMDAwNjAy The markets regulator Securities & Exchange Board of India (SEBI) has carried out nationwide raids targeting front-running carried out by market experts appearing
Indian startups laud Supreme Court’s ruling in Google-CCI case | Business Standard News
lipped from: https://www.business-standard.com/article/companies/indian-startups-laud-the-supreme-court-s-ruling-in-google-cci-case-123012001117_1.html?code=NTM4OTU9MTIzMDEyMDAxMTE3 As per CCI’s order, Google shall not deny access to its Play Services Application Programming Interfaces to disadvantage OEMs, app developers and its
Trade winds: The Hindu Editorial on Indian exports data December 2022 – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/trade-winds-the-hindu-editorial-on-indian-exports-data-december-2022/article66413862.ece The worst effects of faltering Western economies are yet to fully hit Indian exports December 2022 marked the steepest fall in two years