Clipped from: https://www.financialexpress.com/opinion/sadak-to-internet-divert-some-or-most-of-incremental-investment-into-digital/2152207/ There is a need to reroute some of the investment going to physical infrastructure into digital infrastructure By Harish HV Bijli, sadak, paani
Flipkart sees 35 per cent rise in sellers this year – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/flipkart-sees-35-per-cent-rise-in-sellers-this-year/2152760/ With the need for social distancing and prioritising safety, the pandemic has led to millions of people turning to e-commerce this past year,
Industrial conglomerates owning banks is a bad idea – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/industrial-conglomerates-owning-banks-is-a-bad-idea/2152868/ This will worsen credit allocation and growth by deepening the problem of connected lending which will crowd out young and more efficient entrepreneurs
Covid-19 case count in India crosses 1 crore; over 95 lakh cured – The Financial Express
Clipped from: https://www.financialexpress.com/lifestyle/health/covid-19-case-count-in-india-crosses-1-crore-over-95-lakh-cured/2152944/ Total numbers of recovered and active cases are 95,50,712 and 3,08,751 respectively India’s COVID-19 case tally has crossed the 1-crore mark with 25,153
Government committed to help the MSME sector flourish: Pratap Chandra Sarangi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/government-committed-to-help-the-msme-sector-flourish-pratap-chandra-sarangi/articleshow/79796787.cmsSynopsis “With the government increasing opportunities for local MSMEs and reducing dependence on imports, MSMEs will be able to scale up operations and gain
Fret not overmuch over IBC liquidation–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/fret-not-overmuch-over-ibc-liquidation/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Should we worry that the working of the
HDR 2020: Kill the Earth, it’ll get you–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/hdr-2020-kill-the-earth-itll-get-you/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. India has dropped a place in the 2020
Too much fall in short term rates poses threat to financial stability: RBI minutes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbis-mpc-likely-to-maintain-its-accommodative-stance-sees-limited-rate-cut-window/articleshow/79799542.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The MPC left key interest rates unchanged this month amid persistently high inflation but said it would ensure ample liquidity to stressed sectors
PMC Bank gets four investment proposals, says RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/pmc-bank-gets-four-investment-proposals-says-rbi/articleshow/79801386.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Last month, PMC had invited expression of interest (EoI) from potential investors for investment or equity participation in the bank for its reconstruction.
SC stays criminal proceedings against former Wipro chairman Azim Premji and others – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/sc-stays-criminal-proceedings-against-former-wipro-chairman-azim-premji-and-others/articleshow/79801533.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis A bench of Justices Sanjya Kishan Kaul, Dinesh Maheshwari and Hrishikesh Roy also issued notice to an NGO, Indian Awake for Transparency and
Banking sector’s renaissance after the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/renaissance-after-the-pandemic/articleshow/79802115.cms Synopsis–Policymakers in India have acted swiftly and decisively on both fiscal and monetary fronts to cushion the impact. The slew of measures introduced
India likely to witness sharp rise in insolvencies in the coming days: MS Sahoo – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-to-witness-sharp-rise-in-insolvencies-in-the-coming-days-ms-sahoo/articleshow/79796227.cmsSynopsis “The 2008 financial crisis had witnessed a sharp increase in corporate and personal insolvencies all over the world and that is an indication
I-T reaches out to individuals, firms as the Vivaad Se Vishwas scheme (VSVS) deadline nears – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/i-t-reaches-out-to-individuals-firms-as-the-vivaad-se-vishwas-scheme-vsvs-deadline-nears/articleshow/79803379.cmsSynopsis Assessing officers have identified cases where the I-T department has filed appeals in courts for settlement and in cases where the interest component
Taxman’s right to arrest: Several promoters knock doors of various high courts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/taxmans-right-to-arrest-several-promoters-knock-doors-of-various-high-courts/articleshow/79791898.cmsSynopsis The indirect tax department had carried out nationwide searches and investigations suspecting several companies for availing fake input tax credit under GST. Mumbai:
Government exploring setting up bad bank, all other options: DEA Secretary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/government-exploring-setting-up-bad-bank-all-other-options-dea-secretary/articleshow/79801605.cmsSynopsis Bajaj was responding to a query on whether the government would consider setting up of a bad bank as a one-time measure for
Too big for comfort – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/too-big-for-comfort/article33348171.ece The anti-trust lawsuits from the United States Federal Trade Commission (FTC) and 46 state attorneys general against Facebook are a significant move, given
Mutual benefit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/mutual-benefit/article33356718.ece SEBI’s decisions will help in the long-term growth of the mutual fund industry The Securities and Exchange Board of India (SEBI) has been
Tatas likely to face turbulence while managing Air India: Experts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/tatas-likely-to-face-turbulence-while-managing-air-india-experts/article33354013.ece?homepage=true Tata Sons will find it difficult to turn around Air India, even though there are synergies between group companies and the Indian airline.
Farmers can protest, but must come for talks: SC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/farmers-can-protest-but-must-come-for-talks-sc/article33357658.ece?homepage=true CJI suggests putting on hold contentious farm laws; Centre non-committal The Supreme Court on Thursday said farmers have a constitutional right to continue
No big NPA shock for banks this fiscal: Financial Services Secretary – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/no-big-npa-shock-for-banks-this-fiscal-financial-services-secretary/article33357987.ece?homepage=true Financial Services Secretary Debashish Panda Financial Services Secretary Debashish Panda× Debashish Panda says loan repayments up after Unlock Financial Services Secretary Debashish Panda
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