Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/higher-delinquencies-in-credit-card-loans-against-property-segments-in-retail-lending-report/articleshow/79917765.cmsSynopsis As of August-end, the loans overdue for over 90 days in the credit card segment were 0.51 per cent up from the year-ago
NBFC collection efficiencies at their highest this fiscal says Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/nbfc-collection-efficiencies-at-their-highest-this-fiscal-says-crisil/articleshow/79925957.cmsSynopsis The recovery in collection efficiencies is good news for the beleaguered NBFCs which were hit hard due to the stringent lockdown announced in
Juggling to survive the year, small businesses fret over lack of profitability – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/juggling-to-survive-the-year-small-businesses-fret-over-lack-of-profitability/articleshow/79913171.cmsSynopsis The year 2020 brought distress and damage aplenty for the MSME sector. Can the next year herald a new beginning for them? The
Loan apps pushing people into debt traps, suicides – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/loan-apps-pushing-people-into-debt-traps-suicides/articleshow/79917537.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The tap-and-get-a-loan “solution” is pushing a large number of people into a trap far deeper than the financial condition they are in. (This
IBC extension set to increase complications in the financial statements of companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/ibc-extension-set-to-increase-complications-in-the-financial-statements-of-companies/articleshow/79925646.cms Synopsis–For the lenders, the financial statements will have to reflect and even take a judgment on the financial health of companies they have
Businesses with monthly turnover of over Rs 50 lakh to pay at least 1% GST liability in cash – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/businesses-with-monthly-turnover-of-over-rs-50-lakh-to-pay-at-least-1-gst-liability-in-cash/articleshow/79918001.cmsSynopsis “… The registered person shall not use the amount available in electronic credit ledger to discharge his liability towards output tax in excess
Indian economy stabilizes in November as retail demand improves – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-economy-stabilizes-in-november-as-retail-demand-improves/articleshow/79912637.cmsSynopsis All eight high-frequency indicators tracked by Bloomberg News were steady last month, keeping the needle on a dial measuring the so-called ‘Animal Spirits’
Aadhar payment systems gathers steam, trumps ATM withdrawals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/aadhar-payment-systems-gathers-steam-trumps-atm-withdrawals/articleshow/79927262.cmsSynopsis With less than a quarter of the 2.3 lakh ATMs deployed in rural areas in the country, account holders are growing increasingly comfortable
Loan Apps: RBI warns public against unauthorised digital lending platforms, apps | India Business News – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/rbi-warns-public-against-unauthorised-digital-lending-platforms-apps/articleshow/79926986.cms NEW DELHI: The Reserve Bank of India (RBI) on Wednesday cautioned the general public against unauthorised lending platforms and mobile apps.In an official release, RBI
It is astonishing that farmers are speaking up to protect traders’ interests | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/it-is-astonishing-that-farmers-are-speaking-up-to-protect-traders-interests-7115755/ In fact, the much-advocated reform of the APMC laws has not happened so far due to the opposition from mandi traders, by now
Delaying the inevitable: The Hindu Editorial on suspension of insolvency proceedings – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/delaying-the-inevitable-the-hindu-editorial-on-suspension-of-insolvency-proceedings/article33397154.ece Restructuring of bad loans will get tardier as the bankruptcy code is kept in abeyance The government has kicked the can down the
IBC suspension extended till March 2021 – The Hindu
Clipped from: https://www.thehindu.com/news/national/ibc-suspension-extended-till-march-2021/article33387578.ece The government has decided to extend the suspension of the Insolvency and Bankruptcy Code (IBC) till March 31, 2021, to help businesses cope
Coronavirus | 20 flyers from U.K. test positive as stringent SOPs kick in – The Hindu
Clipped from: https://www.thehindu.com/news/national/new-variant-of-sars-cov-2-more-transmissible-and-affecting-younger-population-health-ministry/article33394348.ece RT-PCR tests mandatory; separate isolation unit for those found with new variant At least 20 passengers coming to India from the UK tested
The speculator and the industrialist – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/books/the-speculator-and-the-industrialist/article33379007.ece A book outlines how speculation can be constructive and lead to the creation of an industrial empire There are many who bemoan the
Labour pangs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/from-the-viewsroom/labour-pangs/article33357301.ece Wistron-type incidents raise image issues for the country What exactly happened at the Wistron Corp plant at the Narasapura Industrial Estate in Kolar
As economy heads northwards, Budget expected to provide speed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/as-economy-heads-northwards-budget-expected-to-provide-speed/article33387402.ece Finance Minister Nirmala Sitharaman has promised a Budget like “never before” – PTI Finance Minister Nirmala Sitharaman has promised a Budget like “never
‘FM will need to do a fine balancing act’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/fm-will-need-to-do-a-fine-balancing-act/article33387430.ece To support the nascent recovery on one hand while maintaining macro-economic stability on the other The Finance Minister will be presenting the Union
Britain has its back to the wall – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/britain-has-its-back-to-the-wall/article33396055.ece UK supermarkets are warning of fruit and vegetable shortage – Reuters UK supermarkets are warning of fruit and vegetable shortage – Reuters× From
We are in an era of ‘financial repression’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/we-are-in-an-era-of-financial-repression/article33396001.ece ’Repression’ economics Central banks will be under pressure to keep interest rates low – /iStockphoto ’Repression’ economics Central banks will be under pressure
No need to panic, new mutant virus doesn’t kill more: Officials – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/no-need-to-panic-new-mutant-virus-doesnt-kill-more-officials/article33396533.ece?homepage=true Municipal workers guide passengers arriving from UK, at the Chhatrapati Shivaji Maharaj International Airport in Mumbai – Rafiq Maqbool Municipal workers guide passengers
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