Clipped from: https://economictimes.indiatimes.com/wealth/save/depositors-to-get-upto-rs-5-lakh-from-dicgc-within-90-days-if-bank-fails-cabinet-clears-amendment/articleshow/84824441.cmsSynopsis This move is expected to cover around 98.3% of total number of accounts and 50.9% of the value of total deposits held with
Deposit insurance bill amendments okayed, all kinds of deposits up to Rs 5 lakh in all types of banks to be insured – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/deposit-insurance-bill-okayed-all-kinds-of-deposits-up-to-rs-5-lakh-in-all-types-of-banks-to-be-insured/articleshow/84823146.cmsSynopsis 98.3% of all deposit accounts will get covered under it, in terms of value of the deposits over 50% coverage. Bank depositors will
India expected to see 7 per cent growth next fiscal: Chief Economic Adviser K V Subramanian – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-expected-to-see-7-per-cent-growth-next-fiscal-chief-economic-adviser-k-v-subramanian/articleshow/84832965.cmsSynopsis The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for India to 9.5 per cent for the fiscal year to
Domestic solar companies wary over the looming expiry of safeguard duties – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/domestic-solar-companies-cagey-over-the-looming-expiry-of-safeguard-duties/article35553765.ece Fear that lack of import barrier on solar modules and policy vacuum will put the sector’s survival at stake Domestic solar manufacturers stare
Papad is papad, irrespective of size and shape, rules Gujarat AAR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/papad-will-be-papad-even-if-there-is-change-in-shape-and-size/article35559891.ece GST not to be applicable Papad appears to be flavour of the season for Gujarat’s Authority of Advance Rulings (GAAR) whose latest ruling
NCLAT to hear FD holders’ plea in DHFL resolution case on Sept 16 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/nclat-to-hear-fd-holders-plea-in-dhfl-resolution-case-on-sept-16/article35560086.ece Petitioners plan to move SC for interim protection The National Company Law Appellate Tribunal (NCLAT) has refused to grant a stay on the
Gold reserves with RBI surged over 12 times in 20 years: Govt data – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gold-reserves-with-rbi-surged-over-12-times-in-20-years-govt-data/article35562643.ece Around ₹50,000 crore lying as unclaimed deposit with banks, insurance companies Gold reserves with the Reserve Bank of India surged over 12 times
Urban co-op banks in ICU, post-Covid – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/urban-co-op-banks-in-icu-post-covid/article35566094.ece Depositors’ ire A file picture of protests against mismanagement at UCBs – The Hindu Depositors’ ire A file picture of protests against mismanagement
Steel sector PLI scheme will be a win-win for all: Minister – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/steel-sector-pli-scheme-will-be-a-win-win-for-all/article35566238.ece “It is a booster shot” – this is how Ram Chandra Prasad Singh, the bureaucrat-turned-politician, who is just 20 days old in his
MSMEs need more support, speedy relief: Parliamentary panel to Centre – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/msmes-need-more-support-speedy-relief-parliamentary-panel-to-centre/article35568684.ece Larger package will spur demand, investment, exports and jobs, it says The Industry Standing Committee of Parliament, headed by TRS leader K Keshava
Mastercard to file an independent audit report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mastercard-to-file-an-independent-audit-report/article35569716.ece Mastercard has already submitted to the RBI its annual System Audit Report but there were delays in sending a supplemental audit report In
DGGI detects Rs 278 crore GST evasion in railway purchases since July 2017 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dggi-detects-rs-278-crore-gst-evasion-in-railway-purchases-since-july-2017-121072701505_1.htmlIllustration: Ajay Mohanty The Directorate General of GST Intelligence (DGGI) has detected tax evasion worth Rs 278 crore by bidders who were awarded railway tenders since
Beyond corporate deleveraging | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/beyond-corporate-deleveraging-121072701801_1.html India’s growth drivers are under pressure Indian companies are reducing debt on their books and increasing their cash balance. Firms are selling assets and avoiding investment
Towards a lean tax department | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/towards-a-lean-tax-department-121072701781_1.html Worries about vacant positions and their impact on tax collection may be misplaced in a world of technological disruptions A news report in
No prima facie evidence with CCI and HC to order probe: Flipkart tells SC | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/no-prima-facie-evidence-with-cci-and-hc-order-for-probe-flipkart-tells-sc-121072701586_1.html Karnataka HC last week upheld a single-judge order dismissing Amazon and Flipkart pleas challenging a probe initiated by CCI for alleged competition law
Pushing two-child policy: Can it ramp up growth?-DC EDIT |
Clipped from: https://www.deccanchronicle.com/opinion/dc-comment/130721/dc-edit-pushing-two-child-policy-can-it-ramp-up-growth.html The Yogi Adityanath government in UP has hardly lagged behind and has made proposals of a similar nature. (PTI Photo) Not since the dark
China solar gear makers threaten to scrap pacts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/renewables/china-solar-gear-makers-threaten-to-scrap-pacts/articleshow/84770365.cmsSynopsis China makes up 80% of the total imports for the Indian renewables industry. This figure balloons to 95%, when Chinese-origin companies operating out
Estate Planning: Can a registered, conditional gift deed be treated as a will? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/can-a-registered-conditional-gift-deed-be-treated-as-a-will/articleshow/84704878.cmsSynopsis A conditional gift deed and a will are completely different documents having distinct features and purposes. Raj Lakhotia, Founder, Dilsewill,, answers estate planning queries in
Hotel occupancies in all major cities saw month on month increase in June: HVS Anarock Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/hotel-occupancies-in-all-major-cities-saw-month-on-month-increase-in-june-hvs-anarock-report/articleshow/84788301.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis All India average occupancies were between 30-32% in June, up by 12-14 percentage points month on month, while average daily rates were up14-16%
MSME: To strengthen TReDS, Factoring Amendment Bill passed by Lok Sabha – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/to-strengthen-treds-factoring-amendment-bill-passed-by-lok-sabha/articleshow/84783038.cmsSynopsis Finance minister Nirmala Sitharaman said that the government had also accepted the recommendations by the Standing Committee which had looked into the Bill
