Clipped from: https://www.business-standard.com/article/finance/banks-may-encounter-legal-hurdles-in-invoking-personal-guarantees-121071401447_1.html Experts say most promoters don’t register assets under their names Some foreign banks hire detectives to gather information on promoters’ assets stashed overseas,
Land loan vs Home loan: How land loan differs from home loan in terms of eligibility, loan amount, tenure, tax, interest rate – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/how-land-loan-differs-from-home-loan-in-terms-of-eligibility-loan-amount-tenure-tax-interest-rate/articleshow/84168587.cmsSynopsis While home loan can be taken even for a property outside the municipal area, however, a land which is in a village or
Creating new money has downsides: RBI governor Shaktikanta Das – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/creating-new-money-has-downsides-rbi-governor-shaktikanta-das/2290409/ RBI has no rate fixation, orderly evolution of yield curve a public good, says governor He strongly rebutted the notion that a sharper
sbi kyc fraud: SBI alerts about online KYC fraud: Tells customers how to keep bank account safe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/sbi-alerts-about-online-kyc-fraud-tells-customers-how-to-keep-bank-account-safe/articleshow/84370088.cmsSynopsis In order to spread awareness among customers about KYC frauds that have been doing the rounds, the country’s largest bank, State Bank of
Gems, jewellery exports bounce back to pre-pandemic levels – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/gems-jewellery-exports-bounce-back-to-pre-pandemic-levels/articleshow/84403840.cmsSynopsis The overall gross exports of gems and jewellery witnessed a growth of 8.46% to Rs. 67,265.66 crore during April – June of 2021
Bibek Debroy on why there’s a need to reform the idea of reform – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/bibek-debroy-on-why-theres-a-need-to-reform-the-idea-of-reform/articleshow/84421510.cmsSynopsis Yet, when agendas are drawn up for reform, typically by economists, the institutional setting is often ignored. I have in mind the other
Approval of unit holders was necessary for winding up of Franklin schemes: Supreme Court – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/mf-news/approval-of-unit-holders-was-necessary-for-winding-up-of-franklin-schemes-supreme-court/articleshow/84418845.cmsSynopsis The Supreme Court on Wednesday ruled that approval of unit holders was required for winding up of mutual fund schemes in the Franklin
Four years of GST: Many hits but a few misses – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/four-years-of-gst-many-hits-but-a-few-misses-301252-2021-07-13 The government has made a commendable effort in consolidating various central and state indirect tax levies into a single tax levy. GST is
Normalcy returns in automobile sales during June – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/normalcy-returns-in-automobile-sales-during-june/article35319082.ece On year-on-year basis, passenger car sales doubled The domestic wholesales (dispatches from factories) of automobiles in June jumped multi-fold on a monthly basis,
It’s the best time to buy a house for your own use, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/it-s-the-best-time-to-buy-a-house-for-your-own-use-say-analysts-121071400021_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Chances of realty prices declining further are slim Real estate prices have corrected, remained static, or eked a 2-3 per cent annual gain
Quess Corp counters I-T dept, denies ‘concealing’ income of Rs 880 cr | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/quess-corp-counters-i-t-dept-denies-concealing-income-of-rs-880-cr-121071400682_1.html Manpower outsourcing company Quess Corp has denied concealing any income after the IT department claimed that it has revealed undisclosed income of around
Let go, BIT by BIT: World is watching, GoI should not contest Cairn, Vodafone awards in Indian courts
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-edit-page/let-go-bit-by-bit-world-is-watching-goi-should-not-contest-cairn-vodafone-awards-in-indian-courts/Rajat Malhotra The writer, a Supreme Court advocate, specialises in arbitration and commercial disputes law. Ishaan Pratap Singh assisted in his research The decision
Inflation stays elevated: When will the RBI act? | Deccan Herald
lipped from: https://www.deccanherald.com/opinion/inflation-stays-elevated-when-will-the-rbi-act-1008142.html RBI’s policy dilemma has come when many emerging markets central banks hiked interest rates in June to fight inflation while indicating more hikes
Apar Gupta, Rohin Garg write: Task for new IT Minister Ashwini Vaishnaw
Clipped from: https://indianexpress.com/article/opinion/columns/ashwini-vaishnaw-it-minister-cabinet-reshuffle-7403308/ Apar Gupta, Rohin Garg write: Ashwini Vaishnaw must implement broader digital governance framework. Process of updating IT Act must be made public. Ashwini
Crackdown on GST evaders continues – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/gst-evasion-450-arrests-since-2020-21/article35304262.ece In 2020-21, 8,000 cases involving fake ITC detected, 426 held: Finance Ministry. The Centre continues to tighten the noose around GST evaders, though
IT majors may take big hit as contract renewals drop – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/it-majors-may-take-big-hit-as-contract-renewals-drop/article35309533.ece?homepage=true With re-orders seen dipping a third to $32 billion, vendors will have to go for new business in a difficult market India’s IT
Population control fiasco | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/population-control-fiasco-121071301384_1.html The ill-advised two-child policy must be reviewed A new draft Bill prepared by the Uttar Pradesh (UP) Law Commission seeks to bar people having more
Monsoon session: Pre-pack insolvency, bank privatisation top agenda – The Financial Express
Clipped from: https://www.financialexpress.com/economy/monsoon-session-pre-pack-insolvency-bank-privatisation-top-agenda/2289600/ The government will also seek Parliament’s nod for the Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill to give time-bound access to depositors
Subdued growth, not inflation, the real worry – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/subdued-growth-not-inflation-the-real-worry/2289616/ Jump in govt spend could help, but given this is unlikely, the economy needs liquidity and low interest rates A jump in government
Giveaways are a jam today and a pain tomorrow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/giveaways-are-a-jam-today-and-a-pain-tomorrow/articleshow/84388864.cmsSynopsis The politics of populism and patronage, and the practice of giving short shrift to reasonable user charges across the board, in water, power
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