Clipped from: https://www.business-standard.com/article/economy-policy/rbi-not-behind-the-curve-in-hiking-rate-says-mpc-member-ashima-goyal-122051500215_1.html While noting that Inflation has just exceeded RBI’s tolerance band due to the protracted Ukraine-Russia war, Goyal said Indian demand and wages are
*Am hoping govt, RBI will control inflation in medium term: EAC-PM member | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/am-hoping-govt-rbi-will-control-inflation-in-medium-term-eac-pm-member-122051500496_1.html Sanjeev Sanyal tells reporters govt is taking several steps to rein in process, including free rations, pruning of taxes; RBI has increased policy
*****Dunzo, PhonePe among 24 e-commerce firms joining India’s open network | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dunzo-phonepe-among-24-e-commerce-firms-joining-india-s-open-network-122051500813_1.html Real-time transactions in retail and food delivery have started in Delhi, Bengaluru, Shillong While ONDC is a private sector-led non-profit organisation, on the
*****In struggle to get employees back to office; companies tread cautiously | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/in-struggle-to-get-employees-back-to-office-companies-tread-cautiously-122051500961_1.html In some small companies and mid-cap IT services, 20-30 per cent of people are already back in office, especially in areas where heavy
*****Centre agrees to accept 7.5 mt shrivelled wheat already procured, relaxes norms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/centre-agrees-to-accept-75-mt-shrivelled-wheat-already-procured-relaxes-norms/article65416867.ece Quality of wheat with shrivelled and broken grains has been relaxed up to 18% from 6% without value cut Worried over the low
*****Does RBI’s inflation band need a relook? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/does-rbis-inflation-band-need-a-relook/article65417016.ece The target of 4% with a 2% band either way may appear too restrictive, given today’s situation. RBI needs more elbow room As
*****Up and away – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/all-instruments-of-monetary-and-fiscal-policy-have-to-be-unleashed-to-combat-inflation-which-is-now-widespread/article65416629.ece All instruments of monetary and fiscal policy have to be unleashed to combat inflation which is now widespread The consumer price index for
Foreign investors’ pull out ₹25,200 crore from equity market in May so far – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/foreign-investors-pull-out-25200-crore-from-equity-market-in-may-so-far/article65416291.ece FPIs remained net sellers for seven months to April 2022 The relentless selling of Indian stocks by foreign investors continued, as they pulled
Will Ambuja Cement-ACC sale get CCI approval with a penalty overhang? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/will-ambuja-cement-acc-sale-get-cci-approval-with-a-penalty-overhang/article65416470.ece While the large corporates are vying to acquire the priced assets of Ambuja Cement-ACC combine from the Swiss-headquartered Holcim Group, the deal may
‘L&T will become a zero-debt company soon’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/lt-will-become-a-zero-debt-company-soon/article65416747.ece Have identified three entities to pare stake in — Hyderabad Metro, Nabha Power and L&T Infrastructure Development, says MD & CEO May 15
*NBFCs seek exemption from RBI for daily stamping of accounts for small borrowers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/nbfcs-seek-exemption-from-rbi-for-daily-stamping-of-accounts-for-small-borrowers/article65416355.ece ‘Given the erratic cash inflows of these borrowers, sometimes they miss the due date for EMI payment, but manage to make it by
*****Does RBI’s inflation band need a relook? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/does-rbis-inflation-band-need-a-relook/article65417016.ece The target of 4% with a 2% band either way may appear too restrictive, given today’s situation. RBI needs more elbow room As
*****Anti-profiteering care, please – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/pulse/anti-profiteering-care-please/article65410516.ece How a personal loss during Covid-19’s second wave brought home the ugly truth about runaway hospital prices This week will mark a year
*****Gujarat High Court rejigs land valuation for levy of GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/gujarat-high-court-rejigs-land-valuation-for-levy-of-gst/article65413891.ece In many cases, GST is unduly levied Ever since the rate of GST applicable for real estate sector was revamped from April 1,
*****Centre bans wheat exports to rein in inflation, for food security – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/centre-bans-wheat-exports-to-rein-in-inflation-for-food-security/article65415077.ece Food Secretary Sudhanshu Pandey, flanked by Commerce Secretary BVR Subrahmanyam (right) and Agriculture Secretary Manoj Ahuja, addressing the media in New Delhi on
*****The new amendments to the Income Tax Act 1961 for charitable organisations: What does it mean for the common man? | The Financial Express
Clipped from: https://www.financialexpress.com/money/the-new-amendments-to-the-income-tax-act-1961-for-charitable-organisations-what-does-it-mean-for-the-common-man/2525337/ With the new amendment, the common man will now be able to claim all the tax benefits of his/her donations. And thus it
*****Why homebuyers are likely to pay less GST on buying under-construction properties – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/why-homebuyers-are-likely-to-pay-less-gst-on-buying-under-construction-properties/articleshow/91514032.cms Synopsis The Gujarat High Court has stated that how developers/builders will calculate GST on undercontruction property. The recent judgement will benefit home buyers
*****India inflation: Is RBI behind the curve? MPC member Ashima Goyal answers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-inflation-is-rbi-behind-the-curve-mpc-member-ashima-goyal-answers/articleshow/91573394.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The Reserve Bank of India is not “behind the curve” in hiking interest rate to tackle rising inflation, Monetary Policy Committee (MPC)
*****Global Food Crisis: World’s food problems piling up as India restricts wheat exports – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/agriculture/worlds-food-problems-piling-up-as-india-restricts-wheat-exports/articleshow/91574679.cms Synopsis The surprising thing is that India isn’t even a prominent exporter on the world stage. The fact that it could have such
*****Pharma companies are now busy adding capacities and seeing a surge in demand for non-Covid drugs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/pharma-companies-are-now-busy-adding-capacities-and-seeing-a-surge-in-demand-for-non-covid-drugs/articleshow/91566425.cms Synopsis Indian drug manufacturers launch 300-350 new brands (mostly repurposed or combinations of two earlier drugs) every year. This had slowed down in
