Clipped from: https://www.business-standard.com/article/economy-policy/manufacturing-to-get-520-billion-pli-push-in-next-5-years-pm-modi-121030600076_1.html Says govt aims to do away with more than 6,000 compliance requirements The prime minister was speaking at a webinar organised by the
Bhushan Power lenders accept JSW Steel plan, look to close deal by March 31 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/lenders-with-majority-vote-for-closing-bhushan-power-deal-with-jsw-steel-121030500653_1.html 25 financial creditors would be realising 41% from the Rs 19,350 cr deal on claims of Rs 47,158 cr JSW Steel has a
Inflation a ‘downside risk’ to India’s growth momentum: Finance ministry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflation-a-downside-risk-to-india-s-growth-momentum-finance-ministry-121030600078_1.html Citing the country’s consumer price index, the ministry said it had reached a 16-month low in January, validating the Reserve Bank stance of
Domestic pharma market growth slides to 1.1% in February | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/a-bitter-pill-domestic-pharma-market-growth-slides-to-1-1-in-february-121030501417_1.html Recovery slow, top drug firms post muted growth in February Domestic pharma market is witnessing a slow recovery, with growth crawling to 1.1
Financial sector growth has been slow: CEA Krishnamurthy Subramanian | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/financial-sector-growth-has-been-slow-cea-krishnamurthy-subramanian-121030501462_1.html He said the Budget has made a significant push towards reforming the financial sector and adding vitality to it CEA Krishnamurthy Subramanian The
Why the industry is sceptical of ambitious targets | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/atmanirbhar-and-pli-why-the-industry-is-sceptical-of-ambitious-targets-121030401408_1.html The scheme to boost manufacturing in India has set ambitious targets that industry says are unachievable. A look at the programmes announced so
China targets 6% growth in 2021; to spend 3 times India’s on defence | Business Standard News
Clipped from: https://www.business-standard.com/article/international/china-targets-6-growth-in-2021-to-spend-3-times-india-s-on-defence-121030600066_1.html 6.8% jump in budget for military to $209 mn is the biggest in 2 years Chinese President Xi Jinping took off his mask
DGGI Nagpur unit busts fake GST invoice network in Delhi-NCR – The Financial Express
Clipped from: https://www.financialexpress.com/economy/dggi-nagpur-unit-busts-fake-gst-invoice-network-in-delhi-ncr/2211495/ In the first fake invoice network, six of these 11 NCR-based entities had made bogus transactions of goods with the Nashik- and Dhule-based
‘Indian education system focusses too much on exams, not learning’–business today
Clipped from: https://www.businesstoday.in/opinion/interviews/indian-education-system-focusses-too-much-on-exams-not-learning/story/432195.html “There is too much focus on exams and not learning. This often desists the teacher to innovate their pedagogy. Exam becomes the end
6 reasons why cryptocurrencies need to be regulated–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/6-reasons-why-cryptocurrencies-need-to-be-regulated/story/433670.html While a ban on private crypto currencies will kill all future innovations in the crypto space, the virtual currencies do need a regulatory
RBI asks lenders to report restructured accounts to credit bureaus – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-asks-lenders-to-report-restructured-accounts-to-credit-bureaus/2211524/ The uniform credit reporting format has two annexes. Annex-I contains two formats for credit reporting – consumer bureau and commercial bureau, whereas annex-II
Resolve fast, do not postpone IBC–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/resolve-fast-do-not-postpone-ibc/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The government should restart the Insolvency and Bankruptcy
justice indu malhotra: Don’t know any finer judge than Justice Indu Malhotra: CJI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/dont-know-any-finer-judge-than-justice-indu-malhotra-cji/articleshow/81466500.cmsSynopsis Showering all praises on Justice Malhotra, the CJI said that he does not wish to say anything about her judicial acumen as her
China harvesting 20% of world’s data including from India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/china-harvesting-20-of-worlds-data-including-from-india/articleshow/81468028.cmsSynopsis As the virtual private network (VPN) usage grows in countries like India to have a more secure and private Internet browsing experience, a
Whatever banks are reporting does not present the full picture: Saswata Guha, Fitch Ratings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/whatever-banks-are-reporting-does-not-present-the-full-picture-saswata-guha-fitch-ratings/articleshow/81466653.cmsSECTIONSWhatever banks are reporting does not present the full picture: Saswata Guha, Fitch RatingsLast Updated: Mar 12, 2021, 04:09 PM ISTSynopsis Not everything that
Finance ministry asks Sebi to withdraw new rule on AT1 bonds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/mf-news/finance-ministry-asks-sebi-to-withdraw-new-rule-on-at1-bonds/articleshow/81463006.cmsSynopsis Department of Financial Services noted that the recent Sebi order can cause volatility in NAVs of debt funds. In a big development, finance ministry has
A proposed GST amendment may severely impact Indian exporters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/a-proposed-gst-amendment-may-severely-impact-indian-exporters/articleshow/81360362.cms SynopsisAn amendment to Section 16 of the IGST Act may seem harmless, but is capable of having a deep and far-reaching implication for
GST authorities ask field units to ramp up collections, identify defaulting taxpayers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gst-authorities-ask-field-units-to-ramp-up-collections-identify-defaulting-taxpayers/articleshow/81464901.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Experts said that it being the last month of the fiscal year, revenue authorities across jurisdictions are working to garner as much revenue
SC restores NCLT ruling in favour of Dharamshi-Jhunjhunwala consortium in Ricoh India case – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/sc-restores-nclt-ruling-in-favour-of-dharamshi-jhunjhunwala-consortium-in-ricoh-india-case/articleshow/81465274.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The consortium had challenged the ruling of the National Company Law Appellate Tribunal (NCLAT) in the Apex Court that had set aside the
India’s exporters benefit scheme suffers from low outlay, might run into implementation gaps–THE ECONOMIC TIMES
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/rodtep-indias-exporters-benefit-scheme-suffers-from-low-outlay-might-run-into-implementation-gaps/articleshow/81460575.cms SynopsisWith interest rates at historical lows this is the right time to give a liquidity boost to Indian exporters. While the Union Budget
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