Clipped from: https://economictimes.indiatimes.com/nri/migrate/more-and-more-indians-are-giving-up-their-citizenship-heres-why/articleshow/88564732.cmsSynopsis Indians who become citizens of another country have to give up their Indian passport because the country does not offer dual citizenship, but
More healthcare businesses keen to take a shot at primary market – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/more-healthcare-businesses-keen-to-take-a-shot-at-primary-market/articleshow/88555711.cms SynopsisDespite being people-centric, the workings of the Indian healthcare industry are not largely known to the public. The Indian healthcare ecosystem is fragmented,
Direct selling companies banned from promoting pyramid schemes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/direct-selling-companies-banned-from-promoting-pyramid-schemes/articleshow/88555482.cmsSynopsis Direct sellers must have at least one physical location as their registered office within the country and make a declaration that they are
The efficiency myth of Aadhaar linking – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-efficiency-myth-of-aadhaar-linking/article38067084.ece The Government has made several dubious claims to push the Aadhaar project The Union Government hastily passed a Bill to link voter IDs
Income-Tax department eases norms for ‘faceless’ appeal scheme – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/income-tax-department-eases-norms-for-faceless-appeal-scheme/article38067104.ece Commissioner (Appeals) to allow hearing via video The Income Tax department has brought in changes to the existing faceless appeal scheme, easing the
The cold truth about India’s income inequality – The Hindu
lipped from: https://www.thehindu.com/opinion/lead/the-cold-truth-about-indias-income-inequality/article38050949.ece Far from pushing for social and economic equality, the state is fanning systems and principles to strengthen the divide The latest edition of
Govt issues guidelines for textiles PLI scheme worth Rs 10,683 crore | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-issues-guidelines-for-textiles-pli-scheme-worth-rs-10-683-crore-121122801194_1.html Companies have to inform the ministry of textiles about their annual investment plan. The Centre on Tuesday released the operational guidelines for the
How Modi govt will beat revenue collections, fiscal deficit by a wide margin this year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/budget-math-how-modi-govt-will-beat-revenue-collections-fiscal-deficit-by-a-wide-margin-this-year/article38054262.ece Research firm CNI Global expects GST collection to be higher by 233%, direct taxes by 126% and fiscal deficit to fall by 66%
Govt says GSTN portal working fine as tax consultants list glitches | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-says-gstn-portal-working-fine-as-tax-consultants-list-glitches-121122801176_1.html Industry associations seek extension of deadline to file annual returns. Illustration: Ajay Mohanty The government on Tuesday said the GSTN portal is working well as tax consultants
4,071 banking fraud cases reported during H1 FY2022: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/4-071-banking-fraud-cases-reported-during-h1-fy2022-rbi-report-121122801123_1.html In terms of deposits, the number of reported cases of frauds stood at 208 of an amount involving Rs 362 crore, the report
Govt needs to ensure every school, college has library, playground: CJI | Business Standard News
Clipped from: https://www.business-standard.com/article/education/govt-needs-to-ensure-every-school-college-has-library-playground-cji-121122801139_1.html Justice Ramana said book-reading is a good habit as it would leave an imprint in minds while playing sports would increase sporting spirit
Banks’ asset quality ‘may get dented’ as special schemes end: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-asset-quality-may-get-dented-as-special-schemes-end-rbi-report-121122801157_1.html Credit growth muted as pandemic risk to economy remains, says central bank in annual analysis. Photo: Shutterstock The Indian financial system’s asset quality
For exit, anchors now to wait for 90 days after IPO as Sebi tightens norms | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/for-exit-anchors-now-to-wait-for-90-days-after-ipo-as-sebi-tightens-norms-121122900025_1.html Sebi board sets minimum 5% gap in issue price bands Securities and Exchange Board of India The Securities and Exchange Board of India
Bank NPAs ease to nearly six-year low: RBI Trends & Progress report | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/bank-npas-ease-to-nearly-six-year-low-rbi-trends-progress-report-121122900021_1.html Credit growth showing signs of recovery, says RBI report Illustration: Binay Sinha Proving sceptics wrong, 2020-21 turned out to be the best in
Recast scheme to stay afloat, says RBI Trend & Progress report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/recast-scheme-to-stay-afloat-says-rbi-trend-progress-report-121122900048_1.html The restructured plan included additional time for repayments, more funding support, and conversion of part of working capital into term credit. Representative image
Amount recovered through various channels dropped in 2020-21: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/amount-recovered-through-various-channels-dropped-in-2020-21-rbi-report-121122900043_1.html The IBC route yielded more than Rs 27,000 crore, while around Rs 27,700 crore was recovered through the SARFAESI Act Representative image In
Asset quality of NBFCs worsens in H1 amid Covid-19 pandemic: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/asset-quality-of-nbfcs-worsens-in-h1-amid-covid-19-pandemic-rbi-report-121122900039_1.html The pandemic posed significant challenges to NBFCs during the first wave (2020) also Representative image The asset quality of non-banking financial companies (NBFCs)
Strengthening IBC | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/strengthening-ibc-121122801342_1.html Proposed changes will reduce delays The implementation of the Insolvency and Bankruptcy Code is one of the biggest reforms in the financial sector in recent
Algo rhythm: Small and medium-sized businesses path to cloud | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/algo-rhythm-small-and-medium-sized-businesses-path-to-cloud-121122700009_1.html 83% of enterprise businesses say cloud solutions have helped their business recover from Covid-19 54% of traditional SMBs believe cloud solutions have aided
SEBI tightens norms for use of IPO funds, winding up MF schemes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/sebi-tightens-norms-for-use-of-ipo-funds-winding-up-mf-schemes/article38058198.ece Mandates consent of unitholders for shutting an MF plan No mutual fund (MF) in India will be able to wind up any of
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