Clipped from: https://www.indiatoday.in/india/story/centre-in-draft-rules-for-data-protection-parental-consent-must-for-children-to-open-social-media-account-2659474-2025-01-03?utm_source=global-search&utm_medium=global-search&utm_campaign=global-search As per the draft rules, companies will need government permission to transfer personal data outside India and children below 18 years will require
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Severe tax penalties on these cash transactions; check I-T dept’s latest note – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/severe-tax-penalties-on-these-cash-transactions-check-i-t-depts-latest-note-on-restrictions-460194-2025-01-09 The Income Tax department has issued a notification stating that the Income Tax Act discourages cash transactions and will not allow certain deductions,
Cybercrime kingpins exploit social media to recruit local accomplices: Probe
lipped from: https://www.deccanherald.com/india/karnataka/bengaluru/cybercrime-kingpins-exploit-social-media-to-recruit-local-accomplices-probe-3351345 Representative image indicating cybercrime Credit: iStock Photo Bengaluru: Cybercrime syndicates in foreign countries are exploiting social media platforms and messenger applications to recruit accomplices in
Brazil issues 72-hr deadline to Meta over content fact-checking practices | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/brazil-issues-72-hr-deadline-to-meta-over-content-fact-checking-practices-125011100055_1.html Attorney General’s Office in Brazil gave Meta, which owns Facebook, Instagram, and WhatsApp, 72 hours to explain its decision to discontinue its data
Wife can get maintenance even if she doesn’t abide by cohabit decree: SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/wife-can-get-maintenance-even-if-she-doesn-t-abide-by-cohabit-decree-sc-125011100606_1.html The high court ruled that the wife was not entitled to maintenance. Aggrieved by the order, the wife challenged the order before the
KredX becomes 5th operator of RBI’s TReDS after RXIL, M1xchange, Invoicemart, C2treds – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-kredx-becomes-5th-operator-of-rbis-treds-after-rxil-m1xchange-invoicemart-c2treds-3711175/ The company on Thursday said it has received the final approval from the central bank to commercially launch its invoice discounting solution under
SBI Chairman pitches for dedicated institutions to track end-use of funds raised by small businesses – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-sbi-chairman-pitches-for-dedicated-institutions-to-track-end-use-of-funds-raised-by-small-businesses-3712062/ A “viable mechanism” is needed to ensure that the funds are used for the intended purposes, Setty said in remarks which come amid
The cost of overwork: How corporate culture is stifling innovation – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-cost-of-overwork-how-corporate-culture-is-stifling-innovation/3712357/ It’s nobody’s case that hard work isn’t necessary but no CEO can expect crazy working hours to be the norm. Even the highest
US likely to impose severe sanctions on Russian oil, global markets brace for impact – World News | The Financial Express
Clipped from: https://www.financialexpress.com/world-news/us-likely-to-impose-severe-sanctions-on-russian-oil-global-markets-brace-for-impact/3712296/ The sanctions, in response to Russia’s ongoing war in Ukraine, could severely disrupt Moscow’s oil exports to major buyers India and China. The
Liquidity management may take priority over rate cuts in February MPC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/liquidity-management-may-take-priority-over-rate-cuts-in-february-mpc/article69084118.ece With liquidity being tight, some foreign banks see the RBI opting for a liquidity fix instead of easing in the February MPC Foreign
Banking system faces huge liquidity deficit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banking-system-faces-huge-liquidity-deficit/article69085755.ece RBI conducts VRR auctions on Friday to inject liquidity The banking system is facing a huge liquidity deficit, which at the last count
*******Course correction – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/course-correction/article69085267.ece Decline in market turnover, a good sign Recent data on trading volumes in the equity cash and derivatives segment of the stock market
GST notices worth Rs 1.12 trillion on online gaming companies stayed | India News – Business Standard
lipped from: https://www.business-standard.com/india-news/sc-halts-rs-1-12-trn-gst-notices-offering-relief-to-online-gaming-sector-125011000542_1.html The Supreme Court on Friday stayed show-cause notices on goods and services tax (GST) against online gaming companies, stating that further proceedings under
Record SIP closures in Dec amid market volatility; inflows stay strong | Mutual Fund – Top Stories – Business Standard
Clipped from: https://www.business-standard.com/markets/mutual-fund/sip-account-closures-surge-to-record-high-in-december-shows-data-125011001051_1.html Investors open 5.4 million accounts, close 4.5 million last month Investors are shutting down mutual fund (MF) SIP accounts at a record pace
SBI chief C S Setty calls for common mechanism to track SME fund usage | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/sbi-proposes-common-mechanism-to-track-sme-fund-usage-for-better-pricing-125011000716_1.html In recent years, fintech and banks have started to dig for credit information from publicly available data and use analytics to create a
Removing fact-checks on social media risks losing a vital harm filter
Clipped from: https://www.business-standard.com/opinion/columns/removing-fact-checks-on-social-media-risks-losing-a-vital-harm-filter-125011001329_1.html Free speech shouldn’t be curtailed merely for conveying misinformation or expressing unpalatable or hateful opinions. It should be limited only when it has
Bankers ask RBI for durable liquidity as deficit mounts to Rs 2 trillion
lipped from: https://www.business-standard.com/industry/banking/bankers-ask-rbi-for-durable-liquidity-as-deficit-mounts-to-rs-2-trillion-125011001118_1.html Economists are of the opinion that given the prevailing liquidity conditions, the RBI should prioritise liquidity management over rate cuts Amid funds in
Congress demands GST 2.0, calls for Overhaul of ‘failed’ indirect tax system – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/congress-demands-gst-20-calls-for-overhaul-of-failed-indirect-tax-system/article69081189.ece Slams Government for Exploitative GST System; calls for a simpler GST structure, end to ‘Tax Terrorism’ Congress Party on Thursday intensified its criticism of
*******Budgeting in the time of Trump: Balancing growth, jobs, and governance | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/budgeting-in-the-time-of-trump-balancing-growth-jobs-and-governance-125010901346_1.html The government must focus on improving governance and performance at PSUs and public sector banks (PSBs) Illustration: Binay Sinha Listen to This Article
आवश्यक*******Data protection rules may be refined further to protect children: Union minister Ashwini Vaishnaw | Business News – The Indian Express
Clipped from: https://indianexpress.com/article/business/data-protection-rules-may-be-refined-protect-children-vaishnaw-9765735/ Ashwini Vaishnaw said the token system has been successful in various cases such as verification in case of Aadhaar-based transactions. The Digital Personal