Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/coming-out-stronger-how-auto-industry-is-managing-the-global-chip-crisis/articleshow/88905305.cmsSynopsis Semiconductor shortage has come at a time when cars are witnessing rising electronic content, which is driven by several aspects ranging from competitive
Covid Testing Kit: Stocking up on home-testing kits? Doctors believe the pricier RT-PCR test is a better option – The Economic Times
Clipped from: https://economictimes.indiatimes.com/magazines/panache/stocking-up-on-home-testing-kits-doctors-believe-the-pricier-rt-pcr-test-is-a-better-option/articleshow/88900681.cmsSynopsis There has been a surge in demand for self-testing kits as Covid-19 cases rise across the nation. The spread of the third Covid wave has
NBFCs: Impact of 3rd wave low on NBFCs as bad loans fall, collections rise – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/impact-of-3rd-wave-low-on-nbfcs-as-bad-loans-fall-collections-rise/articleshow/88908862.cmsSynopsis The third Covid wave hasn’t significantly hurt collection efficiency and raised delinquency levels of non-bank financing companies, rating agency India Ratings said in
cancer insurance: How to get the best health insurance cover for cancer treatment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/how-to-get-the-best-health-insurance-cover-for-cancer-treatment/articleshow/88731818.cmsSynopsis Many critical illness insurance plans which are also defined benefit plans also cover various types of cancers. The cost of treatment of cancer is exorbitantly high. A
‘We have been streamlining process to start biz & an MSME can be started in a single day’ says P RAJEEVE, industries and law minister, Kerala | INTERVIEW | – The Financial Express
Clipped from: https://www.financialexpress.com/industry/we-have-been-streamlining-process-to-start-biz-an-msme-can-be-started-in-a-single-day-says-p-rajeeve-industries-and-law-minister-kerala-interview/2407076/ Kerala ranks 29, even behind Lakshadweep, in the ‘Ease of doing business index’ released in December 2021 P RAJEEVE, industries and law minister,
Major income tax provisions applicable from current financial year for individual taxpayers – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/major-income-tax-provisions-applicable-from-current-financial-year-for-individual-taxpayers/2406395/ There are certain income tax provisions which have become applicable for the transactions carried out from the current financial year, which taxpayers should
Boom time for companies: What record profits may mean for govt’s revenue | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/boom-time-for-companies-what-record-profits-may-mean-for-govt-s-revenue-122011401094_1.html If much higher profits this year do not propel corporation tax revenue to a level higher than the FY19 peak, something must be
Credit growth up 9.2% in Dec 2021 on strong growth in last fortnight of qtr | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/credit-growth-up-9-2-in-dec-2021-on-strong-growth-in-last-fortnight-of-qtr-122011401312_1.html Banks lent Rs 3.7 trillion in 15 days to December 31, 2021 and outstanding commercial bank credit stood at Rs 116.83 trillion, RBI
Record number of searches in FY22 as tax offences get money laundering tint | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/record-number-of-searches-in-fy22-as-tax-offences-get-money-laundering-tint-122011201498_1.html With three months still to go for the year to end, total ‘undisclosed income’ is about Rs 32,000 cr, far eclipsing the FY19
December merchandise exports up 40% YoY, hit record $37.81 billion | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/december-merchandise-exports-up-40-yoy-hit-record-37-81-billion-122011400712_1.html Outbound shipments up 29% sequentially; Cumulatively, exports in April-Dec crossed $301 bn, achieving three fourth of annual target of $400 bn in first
Dec WPI eases slightly but remains in double digits as food prices soar | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dec-wpi-eases-slightly-but-remains-in-double-digits-as-food-prices-soar-122011401114_1.html Bucks a 4-month rising trend in December 2021 and comes in at 13.56%, even as food prices harden Wholesale Price Index-based Inflation (WPI)
RIL, M&M bid for incentives under govt’s Rs 18k-cr battery scheme: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ril-m-m-bid-for-incentives-under-india-s-2-4-bn-battery-scheme-report-122011401151_1.html India last year finalised an incentive program for companies to invest in local manufacturing of batteries as it looks to establish a domestic
TCS promoters Tata Sons, TICL to sell Rs 12,993 cr of shares in buyback | Business Standard News
lipped from: https://www.business-standard.com/article/pti-stories/tata-sons-ticl-to-participate-in-tcs-mega-buyback-offer-to-sell-shares-worth-rs-12-993-cr-122011400687_1.html At Rs 4,500 apiece, the two entities stand to rake in about Rs 12,993.2 cr Tata Consultancy Services promoters – Tata Sons and Tata Investment
Markets rally as US Fed expands balance sheet; $31 bn added in last 2 weeks | Business Standard News
lipped from: https://www.business-standard.com/article/markets/markets-rally-as-us-fed-expands-balance-sheet-31-bn-added-in-last-2-weeks-122011500033_1.html Historically, there has been a high positive correlation between the changes in the US Federal balance sheet and the changes in the Indian
Banks park Rs 4.3 trn in Rs 5-trn variable rate reverse repo auction | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-park-rs-4-3-trn-in-rs-5-trn-variable-rate-reverse-repo-auction-122011500012_1.html From this year, the central bank has moved to variable rate reverse repo auctions, instead of fixed rate auctions Illustration: Ajay Mohanty Banks on
Year-on-year analysis of economic performance serves a very limited purpose | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/year-on-year-analysis-of-economic-performance-serves-a-very-limited-purpose-122011500131_1.html A year-on-year analysis is useful in a conceptual way as it accounts for the seasonal impact on the data, but it tells you
Boom time for companies: What record profits may mean for govt’s revenue | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/boom-time-for-companies-what-record-profits-may-mean-for-govt-s-revenue-122011401094_1.html If much higher profits this year do not propel corporation tax revenue to a level higher than the FY19 peak, something must be
Chip crunch, pandemic, high costs drag Dec qtr auto sales to multi-year low | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/chip-crunch-pandemic-high-costs-drag-dec-qtr-auto-sales-to-multi-year-low-122011401129_1.html The auto industry body expects current quarter to be better but stops short of sharing any guidance owing to pandemic related uncertainties Photo:
RBI proposes adding corporate bonds in banks’ HTM category | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-proposes-adding-corporate-bonds-in-banks-htm-category-122011500007_1.html An investment in the HTM category doesn’t require to be valued at the current market price The Reserve Bank of India (RBI) on Friday proposed
India Inc’s FY21 debt-equity ratio at 6-yr low on massive deleveraging move | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-inc-s-fy21-debt-equity-ratio-at-6-yr-low-on-massive-deleveraging-move-122011101027_1.html Analysts expect a further reduction in the current financial year, helping companies lower interest cost and thereby boosting profitability Illustration: Ajay Mohanty India
