Clipped from: https://economictimes.indiatimes.com/news/economy/finance/i-t-refunds-worth-rs-1-91-lakh-crore-issued-between-april-1-feb-8/articleshow/80788118.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Of this, personal income tax refunds of Rs 67,334 crore have been issued to over 1.84 crore taxpayers and corporate tax refunds of
JSW Group set to enter the e-commerce market by scaling up its JSW One initiative – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jsw-group-set-to-enter-the-e-commerce-market-by-scaling-up-its-jsw-one-initiative/articleshow/80790941.cmsSynopsis As part of its e-commerce foray, JSW Group will also extend JSW One platform to influencers in the home-construction industry including contractors, masons,
Adar Poonawalla to own Magma FinCorp via equity infusion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/adar-poonawalla-to-own-magma-fincorp-via-equity-infusion/articleshow/80791361.cmsSynopsis The preferential allotment is for an aggregate value of Rs. 3,456 crores, subject to shareholders’ and other regulatory approvals, the company said. Adar
How can India save $60 billion in forex every year? Start an international shipping line – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/how-can-india-save-60-billion-in-forex-every-year-start-an-international-shipping-line/articleshow/80779511.cms Synopsis–It is an idea whose time has come. A shipping line along with a port-led development model is what can drive India towards
We should target $340-$350 bln in exports for FY 22; contraction in trade lower than expected: FIEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/we-should-target-340-350-billion-in-exports-for-fy-22-contraction-in-trade-lower-than-expected-fieo/articleshow/80787035.cmsSynopsis Addressing a range of issues that are impeding growth for the exports sector, FIEO said that economic growth is not possible without a
NeoGrowth Credit launches Vendor Finance Express for SMEs — SME–The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/neogrowth-credit-launches-vendor-finance-express-for-smes/articleshow/80781609.cmsSynopsis The product is document light with no demand for invoices as part of documentation hence, making the application process hassle free for the
Nearly 70K women borrowers get credit guarantee under Modi govt’s flagship MSME support scheme – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-cgtmse-nearly-70k-women-borrowers-get-credit-guarantee-under-modi-govts-flagship-msme-support-scheme/2192094/ Credit and Finance for MSMEs: The loan accounts approved during FY20 for women entrepreneurs under CGTMSE to support their business expansion and growth
SEBI drops fraud charges against NSE, former MD Narain, Chitra Ramkrishna – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-drops-fraud-charges-against-nse-former-md-narain-chitra-ramkrishna/article33803758.ece?homepage=true In a relief to Ravi Narain and Chitra Ramkrishna, the two former longest serving bosses of the National Stock Exchange (NSE), market regulator
Home buyers to be asked for KYC, info on source of funds by real estate agent – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/real-estate/home-buyers-to-be-asked-for-kyc-info-on-source-of-funds-by-real-estate-agent/articleshow/80326908.cms Synopsis–The government has issued two notifications dated December 28, 2020, making it mandatory for real estate agents to maintain records of transactions facilitated
Twitter must abide by Indian laws, govt says – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/twitter-must-abide-by-indian-laws-government-says/articleshow/80798095.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Twitter is siding not with “freedom of expression” but rather with those who seek to abuse such freedom and provoke disturbance to public
The Finance Minister’s 2021 Budget has thrown a huge lifeline, but will it work? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/search-rescue-operation/articleshow/80792802.cms Synopsis–The 2021-22 deficit is projected to decline to 6.5%, still very high, and similar in size to India’s fiscal deficits after the 1991-92
Nirmala Sitharaman’s Budget has growth written all over it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-nirmala-sitharamans-budget-has-growth-written-all-over-it/articleshow/80792799.cms Synopsis–This budget is not a traditional ‘consumption-led’ one, but rather infra-led, one that has high multipliers of growth. While it addressed several levers
No fiscal road map is meaningful without states: NK Singh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/no-fiscal-road-map-without-states/articleshow/80795664.cms Synopsis–“Need a path that involves both Centre and states on fiscal deficit and debt; have suggested the constitution of an inter-governmental body of
Revamped Gold Scheme: Minimum deposit cut to 10 gm, jewellers roped in – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/revamped-gold-scheme-minimum-deposit-cut-to-10-gm-jewellers-roped-in/articleshow/80795970.cmsSynopsis Mobilising most of the idle gold from Indian households will help the country reduce dependence on import of gold and address the issue
IRDAI working group for introduction of index-linked insurance products – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/irdai-working-group-for-introduction-of-index-linked-insurance-products/article33793593.ece A working group of Insurance Regulatory and Development Authority of India (IRDAI) has recommended the introduction of Index-Linked Insurance Products (ILIP). In its
Most of Indian internet users hesitant to handle certain apps on privacy concerns: OLX study – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/most-of-indian-internet-users-hesitant-to-handle-certain-apps-on-privacy-concerns-olx-study/article33790333.ece?homepage=true Indian internet users are more concerned about their safety and privacy in 2021. They are considering stopping the use of certain apps due
Protein deficiency, not age or weather, drives Covid-19 pandemic: Report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/science/protein-deficiency-not-age-or-weather-drives-covid-19-pandemic-report/article33798571.ece?homepage=true The study revealed that it was not the age factor or weather condition that should be blamed for the unchecked spread of the
Big brother may be watching – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/from-the-viewsroom/big-brother-may-be-watching/article33794226.ece?homepage=true Idea of scrutiny of social media posts for passport unjustified The Director-General of Police of Uttarakhand, Ashok Kumar, recently stated that citizens posting
A roadmap for a cleaner, greener India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-roadmap-for-a-cleaner-greener-india/article33794886.ece The push towards a gas-based economy, emphasis on EVs and digital innovation across energy systems will help India is the world’s sixth-largest economy
Return of DFIs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/return-of-dfis/article33794397.ece?homepage=true Setting up a development financial institution is a good idea, but past errors should be avoided The Centre is banking on long-term infrastructure
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