Clipped from: https://www.business-standard.com/article/economy-policy/govt-aims-to-mop-up-rs-75-000-crore-from-sr-citizen-savings-scheme-123021601062_1.html Not to overshoot FY24 net borrowing target of Rs 11.8 trn The maximum investable amount of the senior citizen savings scheme (SCSS) —
👍👍👍Indian IT firms start training employees in ChatGPT, other AI-related tech | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/it-companies-introduce-chatgpt-like-ai-related-courses-for-its-employees-123021700402_1.html AI models are expected to disrupt Indian IT firms and their access to talent, as they make some jobs redundant Tata Consultancy Services (TCS)
👍👍👍GPT-based chat apps see a sharp increase in downloads in India: Data | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/ai-based-gpt-chat-apps-catch-india-s-fancy-but-there-are-many-fakes-123021501373_1.html But how many are fakes and how many are delivering GBT technology? The growing popularity of AI based GPT technology apps for chat
👍👍👍New private capex cycle has well and truly begun: Axis Bank’s Rajiv Anand | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/new-private-capex-cycle-has-well-and-truly-begun-axis-bank-s-rajiv-anand-123021700858_1.html ‘We are seeing a fair amount of activity in renewables, city gas distribution, and roads’ Axis Bank is on track to meet the legal
👍GST Council likely to decide on common audit manual for Centre, states | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/common-gst-audit-manual-for-centre-states-likely-at-council-meet-on-sat-123021700977_1.html GST Council may take up today expert panel’s proposal to avoid multiplicity of audits by central, state authorities The Goods and Services Tax (GST) Council
👍👍👍Confirming compliance | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/confirming-compliance-123021601313_1.html Forensic audit of fund houses will boost confidence The Securities and Exchange Board of India (Sebi) appears to be gearing up for a
Insurance execs to FM Sitharaman: Relax taxing high-value policies | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/insurance-execs-meet-fm-over-budget-proposal-of-taxing-high-value-policies-123020700996_1.html They want the threshold of premiums beyond which the income from these policies is taxed raised to Rs 10 lakh per year from
👍👍👍👍👍Monetary policy stance must remain disinflationary, says RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/monetary-policy-stance-needs-to-disinflationary-says-rbi-report-123021701070_1.html Says GDP growth will receive 15-basis point boost from tax cuts Following an unexpectedly sharp rise in the consumer price index (CPI)-based inflation
👍👍👍Road safety project: Govt piloting Cibil-like rating for licenced drivers | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/road-safety-project-govt-piloting-cibil-like-rating-for-licenced-drivers-123021700854_1.html Ratings to be offered to insurers and OEMs to enable them to customise premiums based on driving behaviour, incentives on new vehicle purchases
Kotak Mahindra Bank added to FTSE index nine years after being removed | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/kotak-mahindra-bank-added-to-ftse-index-nearly-after-nine-years-123021700831_1.html Move follows sustained dip in FPI holding in the counter; IDBI Bank, Patanjali among other stocks to get in Private sector lender Kotak Mahindra
India’s forex reserves post biggest weekly decline in over 11 months | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-forex-reserves-post-biggest-weekly-decline-in-over-11-months-123021700832_1.html The reserves stood at a one-month low of $566.95 billion at the end of last week, down from $575.27 billion at the end
Why related party transactions may need more regulatory attention | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/why-related-party-transactions-may-need-more-regulatory-attention-123021700539_1.html The practice picked up during the pandemic, come into focus as Adani controversy unfolds The way the Adani Group conducts related party transactions is part
👍👍👍*[Tax on Gaming]The right bet on taxation? | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-right-bet-on-taxation/2983970/ Budget FY24 provisions on taxing the winnings in online games impose a large cost on gaming companies, in the form of a heavy
👍Government focussing on formalising economy: FM | The Financial Express
Clipped from: https://www.financialexpress.com/economy/government-focussing-on-formalising-economy-fm/2983976/ No plan to issue dollar-denominated govt securities: Finance secy Finance Minister Nirmala Sitharaman (File) Finance Minister Nirmala Sitharaman on Thursday said the government
👍Layoff phase to fizzle soon | The Financial Express
Clipped from: https://www.financialexpress.com/jobs/layoff-phase-to-fizzle-soon/2983954/ 92% recruiters express optimism about hiring in the first half of 2023: Naukri According to Naukri.com Hiring Outlook survey, nearly half of those
👍Employers keen to hire more freshers | The Financial Express
Clipped from: https://www.financialexpress.com/jobs/employers-keen-to-hire-more-freshers/2983936/ The top three industries with the most robust intent to hire freshers are information technology (67%), e-commerce & technology start-ups (52%) and telecommunications
👍HDFC raises Rs 25,000 cr in largest-ever local bond issue | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/hdfc-raises-rs-25000-cr-in-largest-ever-local-bond-issue/2983930/ HDFC had set an issue size of Rs 5,000 crore for the issue, with an option to retain oversubscription of Rs 20,000 crore.
👍Banks go all out to raise deposits | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/banks-go-all-out-to-raise-deposits/2983913/ Various banks are also tweaking the branch expansion strategy, so that the deposit-sourcing potential of a particular geographic region is taken into account.
👍👍👍*Tax market-linked debentures carefully | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/tax-market-linked-debentures-carefully/2981703/ The Finance Bill 2023 proposes to tax the gains from these as short-term capital gains, irrespective of period of holding. Although it seems
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