Clipped from: https://www.financialexpress.com/business/industry-a-middle-class-meltdown-3699974/ Economic shift, stagnating real income post Covid weighs on spend on daily items. Rural volume growth numbers are likely to show a further
Category: Unread
Household liabilities rise to 6.4 per cent of GDP in FY24 – Economy News | The Financial Express
The net financial liabilities of India’s households went up to Rs 18.79 lakh crore in FY24 or 6.4% of GDP, a rise over the previous
Understanding monetary transmission – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/understanding-monetary-transmission/article69026757.ece The credit route to managing policy transmission has received more emphasis than the deposits route Monetary transmission in simple terms is the mechanism
AI, capitalism, and ethics: The urgent need for responsible governance
Clipped from: https://www.business-standard.com/opinion/columns/ai-capitalism-and-ethics-the-urgent-need-for-responsible-governance-124122301123_1.html Without human feelings and consciousness, AI, like any technology, is an ethics-free enterprise Artificial intelligence (AI) is rapidly becoming independent of human direction,
Will Budget 2025-26 fulfil promises on fiscal deficit and reforms? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/will-budget-2025-26-fulfil-promises-on-fiscal-deficit-and-reforms-124122401170_1.html The big question is whether the finance minister will revert to the fiscal consolidation timelines or medium-term projections as provided under the Fiscal
👍India needs better regulatory oversight for AI, not a new law: Experts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/incoming/india-needs-better-regulatory-oversight-for-ai-not-a-new-law-experts/article69023449.ece ‘Regulatory gap analysis and stakeholder consultations for AI-related policies and advisories needed’ The mammoth beast of AI in India’s tech space may not
NFRA flags deficiencies in BSR & Co’s audit of related party transactions | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/nfra-flags-deficiencies-in-bsr-co-s-audit-of-related-party-transactions-124122401176_1.html In a 13-page inspection report, NFRA found lapses related to auditing standards and compliance with the Companies Act 2013 The inspection report also
👍👍👍👍👍Why food prices are stubbornly high – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/why-food-prices-are-stubbornly-high/article69023942.ece Clipped from: https://www.thehindubusinessline.com/opinion/why-food-prices-are-stubbornly-high/article69023942.ece Despite record grain output, cereal inflation stayed high. Huge procurement and exports have led to a tight domestic supply situation India’s food
NBFCs and MSME Lending in India: A Key Partnership for Economic Growth – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance-nbfcs-and-msme-lending-in-india-a-key-partnership-for-economic-growth-3699084/?ref=business_hp “NBFCs play a crucial role in supporting India’s MSMEs by addressing financing challenges and helping them drive economic and social growth.” “NBFCs are
US’ spending relief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/us-spending-relief/article69019967.ece Few takers for Trump’s measures to cut deficit Nearly everyone had a sense of relief when President Joe Biden signed the Continuing Resolution
Forgotten, Ambedkar the economist – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/forgotten-ambedkar-the-economist/article69020008.ece The main challenges we face today, of unemployment, under-employment and low productivity, he identified over 100 years ago The ongoing graceless and unedifying
AI, capitalism, and ethics: The urgent need for responsible governance
Clipped from: https://www.business-standard.com/opinion/columns/ai-capitalism-and-ethics-the-urgent-need-for-responsible-governance-124122301123_1.html Without human feelings and consciousness, AI, like any technology, is an ethics-free enterprise (Photo: Shutterstock) Listen to This Article Artificial intelligence (AI) is
Growth slowdown, fiscal dilemma complicate India’s Budget preparation | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/growth-slowdown-fiscal-dilemma-complicate-india-s-budget-preparation-124122301143_1.html The Ministry pointed out that revenue receipts in the first half of the year, at almost 52 per cent of Budget Estimates, were
India’s economy faces slower growth in 2025, macro risks intensify
Clipped from: https://www.business-standard.com/opinion/columns/india-s-economy-faces-slower-growth-in-2025-macro-risks-intensify-124122301134_1.html In 2025, macro policies will need to support domestic demand, but without compromising on macrofinancial stability risks Illustration: Binay Sinha Listen to This
Indians ordered an average of 158 biryanis per minute: Swiggy report | News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/indians-ordered-an-average-of-158-biryanis-per-minute-swiggy-report-124122301029_1.html Swiggy said Biryani is still the undisputed dish in terms of demand for the 9th consecutive year as India ordered 83 million Biryanis,
Event organisers to gain ITC benefits as GST Council amends sponsorship tax
Clipped from: https://www.business-standard.com/economy/news/event-organisers-to-receive-itc-benefits-124122301047_1.html GST Council brings sponsorship services under forward charge mechanism According to experts, the previous ambiguity regarding the classification of such services not only
Over Rs 20k cr of unclaimed amounts lie with life insurers at end of FY24 | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/over-rs-20k-cr-of-unclaimed-amounts-lie-with-life-insurers-at-end-of-fy24-124122300989_1.html Irdai also adopted several measures to reduce existing unclaimed amounts, asking insurers to prompt policyholders to update their contact details at the time
Exporters: Know when you can claim duty drawback and Rodtep benefits | SME – Business Standard
Clipped from: https://www.business-standard.com/industry/sme/exporters-know-when-you-can-claim-duty-drawback-and-rodtep-benefits-124122400016_1.html Drawback and Rodtep will be available only against export of goods. At the time of export of goods, one must declare the value
Key decisions ahead for GST Council: Rate cuts, slabs, compensation cess
https://www.business-standard.com/opinion/editorial/key-decisions-ahead-for-gst-council-rate-cuts-slabs-compensation-cess-124091001409_1.html Clipped from: https://www.business-standard.com/opinion/editorial/key-decisions-ahead-for-gst-council-rate-cuts-slabs-compensation-cess-124091001409_1.html The challenge will be to rationalise rates and adjust the part which is now collected as cess in a manner that makes
Fiscal prudence through disclosure: A key Budget move that went unnoticed | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/fiscal-prudence-through-disclosure-a-key-budget-move-that-went-unnoticed-124091001400_1.html Clipped from: https://www.business-standard.com/opinion/columns/fiscal-prudence-through-disclosure-a-key-budget-move-that-went-unnoticed-124091001400_1.html Statement 27-A, a voluntary disclosure of state-owned entities’ borrowings, introduced in the Budget for 2024-25, enhances fiscal transparency and signals prudent fiscal