Clipped from: https://www.businesstoday.in/personal-finance/top-story/story/94-indians-have-reset-life-goals-post-pandemic-improving-health-topmost-priority-stanchart-report-310441-2021-10-26 This report also states that for 48 per cent of the respondents, the pandemic has diminished their confidence in their finances, thus thwarting
Next unicorn in line! Home interiors platform LivSpace in talks with investors to raise $200 mn – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/next-unicorn-in-line-home-interiors-platform-livspace-in-talks-with-investors-to-raise-200-mn-310449-2021-10-26 With this, LivSpace’s valuation could rise 2x-3x to $1.5 billion from the current $500 million. LivSpace home decor Home décor and interiors platform
Is the surrender value of ULIP taxable? – BusinessToday
Clipped from: https://www.businesstoday.in/latest/story/is-the-surrender-value-of-ulip-taxable-310458-2021-10-26 Know all about tax implications if you surrender your Unit Linked Insurance Plan, or ULIP. Unit Linked Life Insurance Plan (ULIP) Life insurance
Tax policy on petrol and diesel is flawed and hurts household budgets
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/tax-policy-on-petrol-and-diesel-is-flawed-and-hurts-household-budgets/Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who respond
It will need greater clarity over durability of recovery for RBI to firm up its moves towards policy normalisation
Clipped from: https://indianexpress.com/article/opinion/editorials/monetary-policy-committee-rbi-economy-growth-7590564/ The withdrawal of policy support is likely to be gradual with the process playing out at multiple levels — beginning with normalisation of
End the impasse: On prolonged impasse over three farm laws – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/end-the-impasse-on-prolonged-impasse-over-three-farm-laws/article37168193.ece A solution is needed for core issues concerning farmers, and not merely for road blocks The time may have come for a more
Will the new e-commerce rules really favour consumers? – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/will-the-new-e-commerce-rules-really-favour-consumers/article35477503.ece The intent of the rules is unclear and there are several consumer protection rules already in place In June, the Union Ministry of
Rains dent rubber output, imports to rise – The Hindu
lipped from: https://www.thehindu.com/business/Industry/rains-dent-rubber-output-imports-to-rise/article37167066.ece ‘NE monsoon to hit Nov. production’ India’s natural rubber production is likely to fall sharply in October and November, as heavy rains have
Why natural gas prices are soaring – The Hindu
Clipped from: https://www.thehindu.com/news/international/explained-why-natural-gas-prices-are-soaring/article36910461.ece Host of reasons, including economic recovery and geopolitics, behind trend This is supposed to be an off season. Winter is yet to set
Industry’s share in bank loans at record low of 26%, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/industry-s-share-in-bank-loans-at-record-low-of-26-shows-data-121101901562_1.html Personal loans, including housing, now at 26.7% of bank credit, highest ever Illustration: Binay Sinha The share of industrial credit in banks loans, after years
Jet Airways was one of the toughest assignments as SBI chief: Rajnish Kumar | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/jet-airways-was-one-of-the-toughest-assignments-as-sbi-chief-rajnish-kumar-121101901420_1.html In his book titled ‘The Custodian of Trust’, Kumar said SBI board wanted letter of support from govt before approving Jet Airways resolution
BS BFSI Summit: Economy may grow at 10.5% or more in FY22, says Rajiv Kumar | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bs-bfsi-summit-economy-may-grow-at-10-5-or-more-in-fy22-says-rajiv-kumar-121101901652_1.htmlNITI Aayog Vice-Chairman Rajiv Kumar The Indian economy will register a growth rate of at least 10.5 per cent this fiscal year against the consensus of
IT department detects tax evasion worth crores after raids on two business entities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/it-department-detects-tax-evasion-worth-crores-after-raids-on-two-business-entities/articleshow/87079600.cmsSynopsis The first group is engaged in digital marketing and campaign management and the raids were carried out at seven premises located in Bengaluru,
The next step down? Stage is multiply set for a weaker rupee – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-next-step-down-stage-is-multiply-set-for-a-weaker-rupee/2351181/ Perhaps, it makes sense for RBI to save its powder to intervene after the rupee’s next step down And, given RBI’s gigantic war
Why Reserve Bank has ‘shocked’ Srei | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-reserve-bank-has-shocked-srei-121101800017_1.html It seems that the RBI had very little choice as the promoters did not infuse fresh capital, make adequate provisioning and improve corporate
Arbitration award to attract GST even if infra project was completed under earlier tax regime – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/arbitration-amount-received-for-pre-gst-completed-projects-to-attract-gst-aar/article37036053.ece Experts say this would help resolve commercial disputes in the infra sector Amount received under arbitration award for a contract completed on or
The deception of rising domestic demand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/mukesh-ambanis-next-target-in-solar-play-battery-technology-company/article37039787.ece “Whole technology circle gets completed” “The next in line, if I look at their chessboard, I think he will go for a battery
Mukesh Ambani’s next target in solar play: battery technology company – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/mukesh-ambanis-next-target-in-solar-play-battery-technology-company/article37039787.ece “Whole technology circle gets completed” “The next in line, if I look at their chessboard, I think he will go for a battery
Healthcare players ride the IPO wave – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/pulse/healthcare-players-ride-the-ipo-wave/article37039977.ece Wellness companies have raised crores on the stock exchange in recent months and more wait to list. What gives? From diagnostic services to
Burning issue – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-fracas-over-coal-should-lead-to-calls-for-focus-on-problems-in-power-distribution-and-coal-production/article37040814.ece A severe shortage of coal supply has hit electricity generation in the country – REUTERS A severe shortage of coal supply has hit