Clipped from: https://www.financialexpress.com/opinion/getting-more-from-taxation/2949031/ The government needs to expand the tax base and not tax the already-taxed some more. Sustainability and realisation of tax must be made
Category: Study
RBI proposes banks to design own credit loss models | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-proposes-banks-to-design-own-credit-loss-models/2950327/ The banks will have to make provisions for delays made by borrowers in their repayments under the proposed framework, in addition to existing
Securitisation volumes see over 40% YoY uptick in 9-month of FY23: Crisil | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/securitisation-volumes-see-over-40-yoy-uptick-in-9-month-of-fy23-crisil-123011600707_1.html The commercial vehicle segment witnessed 31 per cent growth and microfinance segment saw 14 per cent growth in the securitisation market Securitisation volumes have
Exports slide 12% on recession fears; trade deficit widens to $23.76 bn | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-exports-in-december-2022-dipped-by-12-2-to-34-48-billion-123011601019_1.html Imports last month also contracted 3.46 per cent to $58.24 billion, amid falling commodity prices India’s merchandise exports contracted 12.2 per cent year-on-year
Gold: US Federal Reserve rate cut expectations have yellow metal shining | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/us-federal-reserve-interest-rate-cut-expectations-driving-yellow-metal-up-123011600919_1.html Mild recession, low inflationary pressures in the US and a stronger rupee would act as headwinds Gold closed at Rs 56,655 per 10 grams
👍CAD, Green Hydrogen & growth are top 3 objectives of FM this Budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/market-moguls/cad-green-hydrogen-growth-are-top-3-objectives-of-fm-in-budget-2023-anita-gandhi/articleshow/96984400.cms Synopsis This will lead to weaker exports for some more time. India’s CAD rose to 9 years’ high of 4.4% of GDP in
👍Rise in government capital spending pushes investments up by 53% – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/rise-in-government-capital-spending-pushes-investments-up-by-53/article66374631.ece Fresh investments have surged 53% to ₹21.14 lakh crore so far in 2022-23, according to Projects Today; a 61% sequential rise in government
👍Credit expansion will taper down next year if deposits growth doesn’t rise: Axis Bank MD – The Hindu
Clipped from: https://www.thehindu.com/business/credit-expansion-will-taper-down-next-year-if-deposits-growth-doesnt-rise-axis-bank-md/article66374568.ece The handsome credit growth witnessed at present will taper down next year if deposit growth continues to lag behind, Axis Bank chief executive
BT Banking & Economy summit: ‘High for long’ could be the interest rate story globally, says RBI Guv Shaktikanta Das – BusinessToday*
Clipped from: https://www.businesstoday.in/industry/banks/story/bt-banking-economy-summit-high-for-long-could-be-the-interest-rate-story-globally-says-rbi-governor-360209-2023-01-13 RBI Governor, Shaktikanta Das expresseed concern over core inflation, opines that there is a need to be vigilant. ‘High for long’ could be
🙏New economic theory being written where inflation, interest rates don’t go hand in hand, says banking veteran K.V. Kamath – BusinessToday*****
Clipped from: https://www.businesstoday.in/industry/banks/story/bt-banking-economy-summit-new-economic-theory-being-written-where-inflation-interest-rates-dont-go-hand-in-hand-says-banking-veteran-kv-kamath-360194-2023-01-13 “We’re entering a very different territory defined by technology and our country’s ability to leverage that technology,” K.V. Kamath, Chairperson, National Bank for
TCS Q3 Results: Offers enough for both the bulls and bears in the IT slugfest – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/tcs-q3-offers-enough-for-both-the-bulls-and-bears-in-the-it-slugfest/article66357860.ece Investors can continue to avoid the stock for now The results, although a little mixed, was slightly ahead of expectations at an overall
No safe limit of alcohol consumption for health, WHO analysis shows – The Hindu BusinessLine*
Clipped from: https://www.thehindubusinessline.com/news/science/no-safe-limit-of-alcohol-consumption-for-health-who-analysis-shows/article66364556.ece?cx_testId=21&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EXJOFLQUQ3HI#cxrecs_s The agency has previously found that alcohol causes at least seven types of cancer, including the most common cancer types, such as bowel
Umbrella for the self-employed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/umbrella-for-the-self-employed/article66357861.ece Innovative ways of ensuring a universal social protection floor are required as conventional schemes are not viable The self-employed are in dire need
Moderating attrition levels bump up margins for top IT companies – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/info-tech/moderating-attrition-levels-bump-up-margins-for-top-it-companies/article66374669.ece While the gains are good, the numbers are not higher than the margins reported in Q3FY22 for most firms Attrition continues to moderate.
Wheat sowing up 1.4% as acreage in most States increases – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/wheat-sowing-up-14-as-acreage-in-most-states-increases/article66374544.ece 337.18 lakh hectares brought under the cereal; area under all rabi crops, barring chana, rises The total area under all rabi crops increased
ICICI Lombard is gunning for top spot in India’s insurance space; it may even get there – BusinessToday – Issue Date: Jan 22, 2023*****
Clipped from: https://www.businesstoday.in/magazine/corporate/story/icici-lombard-is-gunning-for-top-spot-in-indias-insurance-space-it-may-even-get-there-359600-2023-01-10 ICICI Lombard General Insurance has leapfrogged from fifth to second spot in terms of market share after its merger with Bharti Axa. Now,
Dose of caution needed, credit growth may slow down, cautions Axis Bank’s head Amitabh Chaudhry – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/dose-of-caution-needed-credit-growth-may-slow-down-cautions-axis-banks-head-amitabh-chaudhry-360104-2023-01-13 He was in conversation with Udayan Mukherjee, Global Business Editor, Business Today TV at Banking & Economy Summit oraganised by Business Today in
‘Peeche Dekho, Aage Badho’: How ex-SBI chief Rajnish Kumar changed this age-old motto with the Yono app – BusinessToday
Clipped from: https://www.businesstoday.in/technology/story/peeche-dekho-aage-badho-how-ex-sbi-chief-rajnish-kumar-changed-this-age-old-motto-with-the-yono-app-360129-2023-01-13 “The biggest difference between the approach which the bank adopted was that for the first time, it put the customer’s convenience and what
K Sujatha Rao writes: Policy makers need to take mental health more seriously | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/k-sujatha-rao-writes-policy-makers-need-to-take-mental-health-more-seriously-8378713/ Mental health is singularly handicapped because its lobbying power is the weakest. In 2015, the GOI carried out a National Mental Health Survey
Budget must address falling incomes | The Indian Express*******
Clipped from: https://indianexpress.com/article/opinion/columns/budget-must-address-falling-incomes-8378693/ Calling India the fastest growing economy is a deceptive claim. It hides the impending economic crisis. Given the state of the economy, this