Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/is-tata-chemicals-going-to-be-the-next-jewel-in-tata-crown/articleshow/81044628.cms Synopsis–Tata Chemicals has staged a sharp rally off the recent lows. The stock is expected to touch Rs 620 in the short term,
fisheries sector: Blue economy: Focusing on fisheries sector for optimum growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/blue-economy-focusing-on-fisheries-sector-for-optimum-growth/articleshow/81043454.cmsSynopsis This year’s budget will pave the way for further growth of the sector and bridge critical gaps through demonstrative activities and technology infusion,
RBI’s easy liquidity may clash with macro stability, warns UBS’ Tanvee Gupta Jain – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/rbis-easy-liquidity-may-clash-with-macro-stability-warns-ubs-tanvee-gupta/articleshow/81049123.cmsSynopsis It will not be easy for RBI to walk back on its stance but policy normalisation is going to be the next buzz
Govt invites suggestions on blue economy policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-invites-suggestions-on-blue-economy-policy/articleshow/81050558.cmsSynopsis The draft policy document outlines the vision and strategy that can be adopted by the government to utilise the plethora of oceanic resources
NPS vs PPF investment: Where should you invest to save for your retirement? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/nps-vs-ppf-investment-where-should-you-invest-to-save-for-your-retirement/articleshow/81035567.cmsSynopsis While PPF gives you one of the highest returns in the fixed income category, equities are known to deliver much higher return in
Green Card: Will Indians soon see light at the end of the long Green Card tunnel? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/will-indians-soon-see-light-at-the-end-of-the-long-green-card-tunnel/articleshow/80983854.cmsSynopsis The green card backlog touched 800,000 in 2019, with over 60% of these being Indians. On Dec. 2, 2020, the U.S. Senate passed
Public sector banks plan ‘daylight overdrafts’ to lure top companies from private rivals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/psbs-plan-daylight-ods-to-woo-top-cos/articleshow/81008846.cms SynopsisWith the Reserve Bank of India (RBI) changing the rules to help public sector banks (PSBs) grab business from MNC lenders, some of
NCLT admits insolvency proceedings against McNally Sayaji Engineering – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/nclt-admits-insolvency-proceedings-against-mcnally-sayaji-engineering/article33857847.ece?homepage=true Financial creditor ICICI Bank moved the tribunal McNally Sayaji Engineering, an unlisted subsidiary of the Khaitain family-run McNally Bharat Engineering, is facing corporate
| ‘कोर्टात बघून घेईल’ म्हणणे धमकी नव्हे | लोकसत्ता
Clipped from: https://www.loksatta.com/nagpur-news/phrase-see-you-in-court-is-not-threat-bombay-hc-zws-70-2402451/ एखाद्याला ‘कोर्टात बघून घेईल,’ असे म्हणणे म्हणजे धमकी देणे होत नाही. नागपूर : एखाद्याला ‘कोर्टात बघून घेईल,’ असे म्हणणे म्हणजे धमकी देणे होत नाही.
Rich countries respond to Covid with stimulus. India has no option but to reform – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-rich-countries-respond-to-covid-with-stimulus-india-has-no-option-but-to-reform/articleshow/80966688.cmsSynopsis Reformers come out better in the end. Today developed nations are offering ever larger stimulus packages to ease the shock of the pandemic,
Stung by COVID-19, Indian businesses rethink worker benefits – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/stung-by-covid-19-indian-businesses-rethink-worker-benefits/articleshow/80964148.cmsSynopsis Almost a quarter of the informal workers are migrants who typically travel from their villages to bigger cities in distant parts of the
DHFL’s fake branch used to siphon money, says ED–the economic times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/dhfls-fake-branch-used-to-siphon-rs-12000-crore-says-ed/articleshow/80966098.cmsSynopsis Promoters of Dewan Housing Finance Corporation Ltd (DHFL) had opened a fictitious branch in Bandra which boasted of over two lakh dummy homebuyers
Future Group creditors scramble to recover $2.5 billion loans amid Reliance deal woes: Bankers – The Financial Express
Clipped from: https://www.financialexpress.com/industry/future-group-creditors-scramble-to-recover-2-5-billion-loans-amid-reliance-deal-woes-bankers/2195755/ Bankers exploring one-time restructuring option for Future group; Lenders concerned liquidation scenario cannot be ruled out Future, India’s No.2 retailer with more than
Compulsory TReDS to ease payment woes for MSMEs, small companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/compulsory-treds-to-ease-payment-woes-for-msmes-small-cos/articleshow/80947583.cmsSynopsis The Centre is seeking to cut through swathes of bureaucracy and speed up bill payments by getting its departments to compulsorily adopt the
Tax evasion: I-T department in hunt for small evaders as deadline looms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/i-t-department-in-hunt-for-small-evaders-as-deadline-looms/articleshow/80965995.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Suddenly, there has been a surge in reopening of returns of small-time tax evaders, with income tax authorities deploying investigation units to search
NBFC NPA: NBFCs staring at a sharp rise in NPAs this fiscal: Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/nbfcs-staring-at-a-sharp-rise-in-npas-this-fiscal-crisil/articleshow/80978874.cmsSynopsis The rating agency expects stressed loans to rise to between Rs 1.5 lakh crore-Rs 1.8 lakh crore or 6% to 7.5% of the
Finance Minister intends to pump money into economy, but people must spend as well – The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-finance-minister-intends-to-pump-money-into-economy-but-people-must-spend-as-well/2186958/ The government is willing to forgo fiscal discipline and tolerate fiscal slippage to enable it to spend more to infuse life into the
Tax disputes: ‘Faceless assessment key to solve problem’ – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-disputes-faceless-assessment-key-to-solve-problem/2193806/ The consideration received or receivable for e-commerce supply or services won’t include considerations that are already taxable as royalty or fees for technical
NBFCs’ stressed assets could touch ₹1.5-1.8-lakh cr by fiscal end: Crisil Ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/nbfcs-stressed-assets-could-touch-15-18-lakh-cr-by-fiscal-end-crisil-ratings/article33850173.ece?homepage=true That’s 6% to 7.5% of their AUM; personal loan segment to be the ‘big challenge’ this year Stressed assets of non-banking financial companies
Unclaimed deposits: RBI may nudge banks to streamline information access for nominees/heirs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/unclaimed-deposits-rbi-may-nudge-banks-to-streamline-information-access-for-nomineesheirs/article33849764.ece?homepage=true The Reserve Bank of India (RBI) is likely to ask banks to follow a standardised approach to help nominees/heirs of depositors quickly get