Clipped from: https://www.business-standard.com/article/markets/fed-interest-rate-decision-macro-data-to-guide-stock-markets-this-week-121031400184_1.html Updates on COVID-19 situation and related news will also remain on participants’ radars, says an analyst Indian equity markets will be guided by the US
When will SC status quo on bank loans end? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/when-will-sc-status-quo-on-bank-loans-end-121031400872_1.html If it continues, wary of borrowers’ opportunism and distorted credit discipline, banks may not come forward to lend even if we shout ourselves
India FX reserves surpass Russia’s to become world’s 4th biggest | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-fx-reserves-surpass-russia-s-to-become-world-s-4th-biggest-121031400470_1.html Reserves for both countries have mostly flattened out this year Photo: Bloomberg India’s foreign-exchange reserves surpassed Russia’s to become the world’s fourth largest,
India will not ‘shut off’ all cryptocurrency, wants blockchain: Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/india-will-not-shut-off-all-cryptocurrency-wants-blockchain-sitharaman-121031400754_1.html Bitcoin, the world’s biggest and earlier cryptocurrency, has crossed a record high of $60,000. Financial technology (fintech) firms depend on blockchain, the backbone
FPIs pull out Rs 7,013 crore from India in March 2021–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/fpis-pull-out-rs-7013-crore-from-indian-markets-in-march-so-far/story/433809.html As per depositories data, FPIs pulled out Rs 531 crore from equities and Rs 6,482 crore from the debt segment between March 1-13
‘Drastic changes’ in monetary policy framework can upset bond market, warns Raghuram Rajan–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/drastic-changes-in-monetary-policy-framework-can-upset-bond-market-warns-raghuram-rajan/story/433806.html Rajan, also a noted economist, opined that the government’s ambitious target to make India a USD 5-trillion economy by 2024-25 was “more aspirational,
CAIT demands restoration of MSME status for 8 crore traders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cait-demands-restoration-of-msme-status-for-8-crore-traders/articleshow/81492004.cmsSynopsis The government in June 2017 removed retail and wholesale traders from the MSME category forcing the players either borrow at a higher rate
Software royalty case: How SC upheld the primacy of tax treaties over domestic tax law – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/software-royalty-case-how-sc-upheld-the-primacy-of-tax-treaties-over-domestic-tax-law/articleshow/81498824.cms Synopsis–Rejecting the revenue’s plea that persons required to deduct tax at source do not fall within the subject matter of tax treaties, it
Corrugated box makers face severe raw material shortage, user industries voice concern over surging prices – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/packaging/corrugated-box-makers-face-severe-raw-material-shortage-user-industries-voice-concern-over-surging-prices/articleshow/81498019.cmsSynopsis “We are exporting around 2 million tonnes of kraft pulp to China now vs nothing in 2018 because China has banned imports of
Selling PSU banks to corporates ‘colossal mistake’, says Raghuram Rajan as workers plan strike – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/selling-psu-banks-to-corporates-colossal-mistake-says-raghuram-rajan-as-workers-plan-strike/articleshow/81494577.cmsSynopsis Many PSU banks, including the State Bank of India (SBI), have informed their customers that their normal working could be affected at the
CEA Krishnamurthy Subramanian explains the economic rationale behind Modi govt’s policy response to Covid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cea-subramanian-explains-the-economic-rationale-behind-modi-govts-policy-response-to-covid/articleshow/81499136.cmsSynopsis Increasing only revex is myopic while increasing capex is far-sighted as the former increases aggregate demand ephemerally, while capex generates a sustained increase
Maintain the status quo | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/maintain-the-status-quo-121030401665_1.html The current inflation target has worked well The inflation target of 4 per cent with a lower and upper tolerance level of 2
Finance ministry cracks the whip on insurance companies for ignoring MSMEs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/finance-ministry-cracks-the-whip-on-insurance-companies-for-ignoring-msmes-121030400382_1.html Reluctant insurers have failed to offer the cover especially curated by the ministry following the UK Sinha panel’s recommendations The department of financial
Extend PLI scheme to all MSMEs amid Covid-19 pandemic, says NITI Aayog | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/extend-pli-scheme-to-all-msmes-amid-covid-19-pandemic-says-niti-aayog-121030401724_1.html The recently announced PLI scheme for the telecom sector extended the incentives to MSMEs. The Aayog has suggested that the existing PLI schemes
Betting on pent-up demand, Berger Paints speeds up expansion plans | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/betting-on-pent-up-demand-berger-paints-speeds-up-expansion-plans-121030300869_1.html Berger is in the process of setting up a Rs 700-cr plant in Uttar Pradesh Photo: Shutterstock As pent-up demand is pushing up
Upskilling for senior citizens – The Financial Express
Clipped from: https://www.financialexpress.com/education-2/upskilling-for-senior-citizens/2208063/ Building a successful career post-retirement For senior citizens looking to get back into professional roles, it is crucial to bank on digital training.
Better resolution of policyholders’ complaints – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/insurance-better-resolution-of-policyholders-complaints/2207441/ Insurance ombudsman rules have been amended to allow policyholders to lodge complaints digitally and ensure faster resolution The ombudsman acts as a counsellor
FIRE-BOLTT SMARTWATCH: Health monitor on your wrist – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/fire-boltt-smartwatch-health-monitor-on-your-wrist/2207421/ A good-looking and affordable smartwatch for SPO2, heart rate, BP, fitness and sports tracking The Fire-Boltt smartwatch offers seven workout modes for different
The tragedy of the missing middle, writes P Chidambaram – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-the-tragedy-of-the-missing-middle-writes-p-chidambaram/2212070/ Given that the bottom 20 per cent of any developing country must be assumed to be poor, that leaves 7 per cent which
Important to let PSU banks reNUE their technology – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/important-to-let-psu-banks-renue-their-technology/2208091/ Since access to new technology will be critical to their success, PSU banks must be allowed to be part of NUEs If we
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