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
Dangerous suggestion: The Hindu Editorial On RBI suggestion to allow corporate houses to set up banks – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/dangerous-suggestion-the-hindu-editorial-on-rbi-suggestion-to-allow-corporate-houses-to-set-up-banks/article33172183.ece Industrial houses should not have access to household savings through their own banks Most often, reports prepared by the RBI’s internal working groups
What NRIs selling a house must know – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/what-nri-selling-a-house-must-know/article33205719.ece Ignoring issues related to tax and repatriation can create a cash crunch If you live and work abroad and the pandemic has wrecked
‘MPC likely to keep rates steady’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mpc-likely-to-keep-rates-steady/article33205554.ece?homepage=true Inflation and growth forecasts may be revised higher, says Barclays Securities The rate-setting Monetary Policy Committee (MPC) is likely to stand pat on
Don’t let bad boy billionaires become bankers
Clipped from: https://timesofindia.indiatimes.com/blogs/Swaminomics/dont-let-bad-boy-billionaires-become-bankers/ Netflix’s documentary ‘Bad Boy Billionaires’ related the lives and scandals of Vijay Mallya, Nirav Modi and Subrata Roy. All three businessmen had political
Banks can consider extending time limit for settling import dues: Expert | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/banks-can-extend-time-limit-for-settling-import-dues-120111600596_1.html Weekly advice on managing small businesses. This time SME chatroom talks about a RBI directive on import of goods and services. Q. We
Can improve DHFL offer, forfeit deposit of those against recoveries: Adani | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/can-improve-dhfl-offer-forfeit-deposit-of-those-against-recoveries-adani-120112900205_1.html Piramal quoted Rs 23,500 crore only for the retail portfolio of DHFL while Hong Kong-based SC Lowy bid Rs 2,350 crore for SRA
All you wanted to know about fiscal deficit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article33109697.ece The Centre announcing another round of stimulus measures has set off a heated debate on whether the government ought to worry about the
All you wanted to know about betting – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article33162705.ece Every IPL season, controversies about sports betting and its illegitimate cousin — match fixing — do the rounds. Minister of State for Finance
“I am optimistic about our economy,” says Harsh Goenka – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/macro-economy/i-am-optimistic-about-our-economy-says-harsh-goenka/article33204334.ece?homepage=true Harsh Goenka, Chairman, RPG Enterprises, on Saturday, said that he was optimistic about India’s economic recovery. Earlier this month, Goenka, in a tweet,
Mann ki Baat | Agriculture reforms have given farmers new opportunities: says PM – The Hindu
Clipped from: https://www.thehindu.com/news/national/new-farm-laws-have-begun-mitigating-farmers-problems-in-short-span-of-time-pm/article33204565.ece?homepage=true These reforms have not only served to unshackle our farmer, says Narendra Modi in Mann ki Baat Prime Minister Narendra Modi on Sunday
Officers’ organisations demand judicial probe – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/officers-organisations-demand-judicial-probe/article33187294.ece DBIL is the Indian subsidiary of the Singapore-based DBS. The organisations,in a joint statement, said: “It is a matter of concern how a
Wadhawan moves NCLT against CoC, Administrator – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/wadhawan-moves-nclt-against-coc-administrator/article33187385.ece Says DHFL’s cash in hand, investment and real estate assets is more than ₹16,000 crore In the alternative to the above, Wadhawan (Applicant), who
IBA asks Supreme Court to withdraw its NPA order – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/lending-institutions-have-returned-rs-4300-crore-in-compound-interest-sc-on-rbi-loan-moratorium-case/article33193378.ece The court adjourned the case to December 2 The Supreme Court on Friday disposed of a petition filed by Gajendra Sharma in the