Clipped from: https://www.deccanherald.com/opinion/first-edit/rbi-drop-this-risky-move-921466.html The risks associated with allowing corporate ownership of banks are many Reserve Bank of India logo. Credit: Reuters Photo The proposal of an
Why banks should retire phone-based OTPs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-banks-should-retire-phone-based-otps/article33206420.ece Other alternatives like using ATM machines or WhatsApp messages to generate OTPs can be explored The OTP is much like an elevator in
GST fake invoice menace: CBIC issues SOPs for tax officers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-fake-invoice-menace-cbic-issues-sops-for-tax-officers/article33206614.ece This is part of its strategy to counter GST fake invoice frauds via search and survey, leading to arrests and booking of cases
Unilateralism is hurting global economy, says Prabhu – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/unilateralism-is-hurting-global-economy-prabhu/article33201939.ece Nations need to work together now. India’s Sherpa to the G7 and G20 Suresh Prabhu has said that the growing tendency among nations
Challenge will be to strike a balance between fighting pandemic and policing: Kamal Pant – The Hindu
Clipped from: https://www.thehindu.com/opinion/interview/challenge-will-be-to-strike-a-balance-between-fighting-pandemic-and-policing-kamal-pant/article32250346.ece Bridging the gap between the police and citizens, and ensuring safety of women, children, and senior citizens are high on new Bengaluru Police
Historic recession: The Hindu Editorial on India’s GDP slump – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/historic-recession-the-hindu-editorial-on-indias-gdp-slump/article33207269.ece India’s economy needs a robust demand stimulus to avoid a protracted slump The fact that India’s economy entered a technical recession in the July-September period
Reaping the whirlwind: The Hindu Editorial on farmer protests – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/reaping-the-whirlwind-the-hindu-editorial-on-farmer-protests/article33207268.ece Farmers need more than verbal assurances on continuance of MSP, guaranteed procurement Farmers of India have felt exploited for long. The reforms that the
Plugging GST leaks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tighter-gst-registration-norms-are-fine-but-data-coordination-between-agencies-is-crucial-too/article33206286.ece Tighter GST registration norms are fine, but data coordination between agencies is crucial, too With tax frauds pertaining to GST “to the tune
As RBI continues to buy dollars, rupee falls even as most Asian currencies rise – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/as-rbi-continues-to-buy-dollars-rupee-falls-even-as-most-asian-currencies-rise/article33207040.ece Loses 3.59% against dollar despite surge in FPI/FDI flows The weakness in the dollar following the large stimulus rolled out by the US
Long road to recovery | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/long-road-to-recovery-120112900876_1.html Q2 numbers encouraging, but outlook is still fairly uncertain The Indian economy did better in the second quarter of the fiscal year than what many
Serum Institute seeks Rs 100 cr in damages from trial subject | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/serum-institute-seeks-rs-100-cr-in-damages-from-trial-subject-120112900627_1.html Experts feel trust is broken as trial was not halted; Chennai resident had sought Rs 5 cr in compensation A 40-year old man
Corporate ownership of private banks: Has the train left the station? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/has-the-train-left-the-station-120113000012_1.html If indeed the gate opens for big industrial houses, the RBI needs to be smarter than them and demonstrate it through action, not
Tax Talk: Don’t forget to file your ITR every year, here’s why – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-dont-forget-to-file-your-itr-every-year-heres-why/2139374/ Filing of ITR is necessary for carrying forward any losses sustained during the year for set-off in subsequent years There are certain categories
Finmin asks PSU general insurers to cut flab; rationalise branches, other expenses: Sources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/finmin-asks-psu-general-insurers-to-cut-flab-rationalise-branches-other-expenses-sources/articleshow/79473971.cmsSynopsis Earlier this year, the Union Cabinet decided to halt the merger process of three state-owned general insurance companies due to weak financial positions
Government opposes further loan moratorium – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/government-opposes-further-loan-moratorium/articleshow/79457246.cmsSynopsis The government, through Solicitor General Tushar Mehta, told a bench led by Justice Ashok Bhushan that it had already extended the loan moratorium
Serum Institute rejects charges levelled by vaccine trial participant, threatens to seek damages – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/serum-institute-rejects-charges-levelled-by-vaccine-trial-participant-threatens-to-seek-damages/articleshow/79478173.cmsSynopsis A 40-year-old man who took part in the ‘Covidshield’ vaccine trial in Chennai has alleged serious side effects, including a virtual neurological breakdown
Yes, What the Doctor Ordered, Gov Das–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/yes-what-the-doctor-ordered-gov-das/ RBI governor Shaktikanta Das spoke last week on the need for accelerating financial market reforms. It is imperative to do so, to bring
small businesses: India’s economy shrinks sharply as Covid-19 slams small businesses – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/indias-economy-shrinks-sharply-as-covid-19-slams-small-businesses/articleshow/79460232.cmsSynopsis The latest data firmly establishes India’s position among the worst-performing major economies, despite government spending meant to blunt the pandemic’s impact. NEW DELHI:
Joe Biden: Assassination in Iran could limit Biden’s options. Was that the goal? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/assassination-in-iran-could-limit-bidens-options-was-that-the-goal/articleshow/79478507.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Intelligence officials say there is little doubt that Israel was behind the killing — it had all the hallmarks of a precisely timed
Jill Biden, Joe’s chief protector, stepping up as first lady – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/jill-biden-joes-chief-protector-stepping-up-as-first-lady/articleshow/79478594.cmsSynopsis Protecting Joe stands out among Jill Biden’s many roles over their 43-year marriage, as her husband’s career moved him from the Senate to