Clipped from: https://www.thehindubusinessline.com/money-and-banking/nbfc-mfis-risk-of-protracted-delinquencies-remains-says-crisil/article34788325.ece Agency assessed that the 30+ PAR could rise to 14-16 per cent of portfolio this month from a recent low of 6-7 per
SC refuses to pass direction on plea to redress borrower hardship – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/covid-19-sc-refuses-to-pass-direction-on-plea-to-redress-borrower-hardship/article34792428.ece The petition was said to be in the realm of policy decision Press Trust of India The Supreme Court on Friday refused to pass
ED issues show cause notice to WazirX, directors under FEMA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/ed-issues-show-cause-notice-to-wazirx-directors-under-fema/article34788940.ece Not received any notice; will cooperate in any investigation: CEO Nischal Shetty The Enforcement Directorate has issued a show cause notice to cryptocurrency
30-day overdues in microfinance loans may double to reach 14-16%: Crisil | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/30-day-overdues-in-microfinance-loans-may-double-to-reach-14-16-crisil-121061100650_1.html Collection efficiency of MFIs likely to drop to 75-80% in May, from 90-95% in March, creating asset quality pressures Imaging: Ajay Mohanty The
METRO Cash & Carry goes online for kiranas | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/second-covid-19-wave-metro-cash-carry-goes-online-for-kiranas-121061200026_1.html Mediratta said e-commerce sales have gone up 10 times since they started in April 2020. METRO’s response has been to ensure that it
SC fumes over delay in setting up migrant workers’ database – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/sc-fumes-over-delay-in-setting-up-migrant-workers-database/2270010/ Explaining why National Information Commission may take three or four months to prepare the portal, the solicitor general and additional solicitor general Aishwarya
Finance minister asks ministries to accelerate capex, clear dues to MSMEs, PSUs – The Financial Express
Clipped from: https://www.financialexpress.com/economy/finance-minister-asks-ministries-to-accelerate-capex-clear-dues-to-msmes-psus/2269897/ Besides secretaries of key departments, the meeting was attended by CMDs/CEOs of CPSEs under the ministry of road transport and highways, telecommunications and
Next challenge is vaccine hesitancy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/next-challenge-is-vaccine-hesitancy/articleshow/83440856.cmsSynopsis Vaccine hesitancy is a much bigger problem in India than anti-vaxxerism, which also exists in pockets. While short supply of vaccines slowed the
MSP hike doesn’t signal agri reform – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/msp-hike-doesnt-signal-agri-reform/articleshow/83440862.cmsSynopsis paddy, coarse cereals, maize, cotton and assorted pulses. Paddy prices are up by ₹53 per quintal, to ensure that farmers get 50% over
Presumptive taxation- Section 44AD, 44ADA, 44AE–taxguru.in
Clipped from: https://taxguru.in/income-tax/income-tax-provisions-related-to-presumptive-taxation-under-sections-44ad-44ae-and-44af-in-a-brief.html Article discusses about Meaning of presumptive taxation scheme, Presumptive Taxation Scheme of Section 44AD, Section 44ADA, Section 44AE, For whom the presumptive taxation scheme of
Compulsory Complete Income Tax Scrutiny guideline for F.Y. 2021-22–taxguru.in
Clipped from: https://taxguru.in/income-tax/cbdt-issued-guidelines-compulsory-selection-returns-complete-scrutiny-f-y-2021-22.html Study of these guidelines may help taxpayer analyze, as to under which category it falls. Framework is categorized as under: 1. Cases related
‘Not an expert’: SC declines to pass order on loan moratorium amid Covid | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/not-an-expert-sc-declines-to-pass-order-on-loan-moratorium-amid-covid-121061100827_1.html The top court said the courts are not experts in financial matters A view of the Supreme Court | Photo: PTI The Supreme Court on
Enforcement Directorate issues notice to WazirX, directors over FEMA breach | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/enforcement-directorate-issues-notice-to-wazirx-directors-over-fema-breach-121061200067_1.html Exchange said they are yet to receive ED notice In the WazirX matter, the federal agency issued notice under the Foreign Exchange Management
What’s the price of a life? A case for compensation to kin of Covid victims | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/what-s-the-price-of-a-life-a-case-for-compensation-to-kin-of-covid-victims-121061101150_1.html The prospect of a compensation will incentivise reporting of deaths and ensure we get more accurate statistics. It will also act as pressure
Demonetisation, Covid-19 brought Indian economy to its knees: Kaushik Basu | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/demonetisation-covid-19-brought-indian-economy-to-its-knees-kaushik-basu-121061101499_1.html Basu worries that a ‘dispirited’ India may be behind the country plummeting from one of the fastest growing economies towards the bottom of
SME exporters: 300% increase in freight costs plague SMEs – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/now-300-increase-in-freight-costs-plague-smes/articleshow/83423795.cmsSynopsis The global shipping crisis, results from the uneven post-Covid economic recoveries of the world’s largest importing and exporting countries. The shipping and logistics
Hierarchy GST doesn’t need–SUSHIL KUMAR MODI WRITES: indian expxress
Clipped from: https://indianexpress.com/article/opinion/columns/gst-concessions-on-covid-relief-nirmala-sitharaman-7353390/ Sushil Kumar Modi writes: It would set a bad precedent and open the floodgates to the undoing of the force that binds India.
Speed up vehicle scrapping: Finance Minister – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/speed-up-vehicle-scrapping-finance-minister/article34791481.ece Nirmala Sitharaman said that enhanced capital expenditure will play a critical role in revitalising the economy post-pandemic Finance and Corporate Affairs Minister Nirmala
Ex-IL&FS group chief Ravi Parthasarathy arrested in Rs 1-lakh cr scam–business today
Clipped from: https://www.businesstoday.in/current/corporate/ex-ilfs-group-chief-ravi-parthasarathy-arrested-in-rs-1-lakh-cr-scam/story/441467.html EOW says Parthasarathy was heading IL&FS group that comprised more than 350 group firms, and they were channelised to as a “vehicle to
india it rules: Over a dozen think tanks call for end of ‘digital censorship’ in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/over-a-dozen-think-tanks-call-for-end-of-digital-censorship-in-india/articleshow/83434482.cmsSynopsis An open letter, signed by 14 not-for-profits, called upon the government to suspend the implementation of India’s new IT rules, which came into
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