Clipped from: https://www.thehindubusinessline.com/opinion/editorial/mscis-flip-flop-on-adani-stocks-is-questionable/article66532546.ece MSCI should have conducted a more thorough review before announcing its intention to adjust weights of Adani stocks MSCI needs to have clearly
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👍👍👍👍👍Is there a way to boost the tax base? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-there-a-way-to-boost-the-tax-base/article66516746.ece Focus on formalisation of the economy and increasing the scope of tax collected at source could help The huge informal sector in the
👍👍👍New tax norm to hurt insurers; stocks attractive for the long run: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/new-tax-norm-to-hurt-insurers-stocks-attractive-for-the-long-run-analysts-123021600287_1.html Analysts expect stocks to remain under pressure in the near-term as the government’s new tax regime push, with no tax saving deductions, could
👍👍👍New private capex cycle has well and truly begun: Axis Bank’s Rajiv Anand | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/new-private-capex-cycle-has-well-and-truly-begun-axis-bank-s-rajiv-anand-123021700858_1.html ‘We are seeing a fair amount of activity in renewables, city gas distribution, and roads’ Axis Bank is on track to meet the legal
Insurance execs to FM Sitharaman: Relax taxing high-value policies | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/insurance-execs-meet-fm-over-budget-proposal-of-taxing-high-value-policies-123020700996_1.html They want the threshold of premiums beyond which the income from these policies is taxed raised to Rs 10 lakh per year from
Kotak Mahindra Bank added to FTSE index nine years after being removed | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/kotak-mahindra-bank-added-to-ftse-index-nearly-after-nine-years-123021700831_1.html Move follows sustained dip in FPI holding in the counter; IDBI Bank, Patanjali among other stocks to get in Private sector lender Kotak Mahindra
👍Government focussing on formalising economy: FM | The Financial Express
Clipped from: https://www.financialexpress.com/economy/government-focussing-on-formalising-economy-fm/2983976/ No plan to issue dollar-denominated govt securities: Finance secy Finance Minister Nirmala Sitharaman (File) Finance Minister Nirmala Sitharaman on Thursday said the government
👍HDFC raises Rs 25,000 cr in largest-ever local bond issue | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/hdfc-raises-rs-25000-cr-in-largest-ever-local-bond-issue/2983930/ HDFC had set an issue size of Rs 5,000 crore for the issue, with an option to retain oversubscription of Rs 20,000 crore.
👍Google India sacks 453 people from various operations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-india-sacks-453-people-from-various-operations/article66518295.ece Meanwhile, YouTube Global CEO Susan Wojcicki quits; to be replaced by Indian-origin Neal Mohan Last month, Alphabet Inc, the parent company of Google,
👍👍👍New tax norm to hurt insurers; stocks attractive for the long run: Analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/new-tax-norm-to-hurt-insurers-stocks-attractive-for-the-long-run-analysts-123021600287_1.html Analysts expect stocks to remain under pressure in the near-term as the government’s new tax regime push, with no tax saving deductions, could
👍Govt aims to mop up Rs 75K crore from senior citizen savings scheme | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-aims-to-mop-up-rs-75-000-crore-from-sr-citizen-savings-scheme-123021601062_1.html Not to overshoot FY24 net borrowing target of Rs 11.8 trillion The maximum investable amount of the senior citizen savings scheme (SCSS) —
Adani says appointment of Grant Thornton as auditor ‘market rumour’ | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/adani-says-appointment-of-grant-thornton-as-auditor-market-rumour-123021601168_1.html The audits was to specifically look into if there was any misappropriation or repatriation of funds and if loans were used for any
👍TCS revenue growing at a lower rate than Infosys in FY23 and FY24: Moody’s – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/moodys-sees-tcs-revenue-growing-at-a-lower-rate-than-infosys-in-fy23-and-fy24/article66513416.ece Revenue growth prospects for IT companies are likely to slow down in the medium term: Moody’s The operating profit margin of TCS is
👍👍👍Deluge of edible oil imports hits refiners – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/edible-oil-imports-up-31-as-palm-oil-shipments-surge-77/article66512063.ece Shipments into the country surge 31.3% during Nov-Jan with RBD palmolein consignments trebling India’s palm oil refining industry is suffering from low capacity
👍👍👍Tax proposal on market-linked debts in FY23 Budget will impact 2 lakh investors: NBFC body – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/tax-proposal-on-market-linked-debts-in-fy23-budget-will-impact-2-lakh-investors-nbfc-body/article66512995.ece Finance Industry Development Council writes to Finance Minister seeking tax parity The Budget classified the nature of returns on MLDs as short-term capital
👍👍👍India’s per capita consumption for footwear lowest globally: CLE Chairman Sanjay Leekha – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indian-consumption-of-footwear-is-only-two-pairs-per-capita-cle-chairman-sanjay-leekha/article66502792.ece Domestic market is extremely positive as footwear purchase will increase with rising buying strength Sanjay Leekha,Chairman, CLE | Photo Credit: VELANKANNI RAJ B
👍👍👍Budget and unanswered questions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/budget-and-unanswered-questions/article66513789.ece While the Budget is sound, a long-term plan for manufacturing and jobs is not spelt out Not much attention has been paid to
👍👍👍Mortgage platform LoanKuber raises $2 million in funding – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mortgage-platform-loankuber-raises-2-million-in-funding/article66515652.ece LoanKuber to utilise funding to scale assets under management, improve the existing technology stack as well as build and expand the team Fintech
We’re formalising economy, don’t ask for TDS sops: FM to industry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/were-formalising-economy-dont-ask-for-tds-sops-fm-to-industry/article66516394.ece Rules out giving exemptions on tax on prize monies File picture of Union Finance Minister Nirmala Sitharaman | Photo Credit: Shahbaz Khan Hyderabad,
Is there a way to boost the tax base? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-there-a-way-to-boost-the-tax-base/article66516746.ece Head deck: Focus on formalisation of the economy and increasing the scope of tax collected at source could help The huge informal sector
