Clipped from: https://www.business-standard.com/article/economy-policy/retail-inflation-above-6-in-february-may-trigger-another-rate-hike-123031301144_1.html Experts see 25 bps hike in April; say wheat output may dip due to heat wave; El Nino may emerge as key determinant
We hope RBI will opt for a pause on rate hikes: CII president Sanjiv Bajaj | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/we-need-to-decouple-from-global-interest-rate-actions-cii-s-sanjiv-bajaj-123031301073_1.html Inflation is coming under control. You’ve got all the right tailwinds for growth. And so we hope that RBI will take a pause
IBC provisions cannot be turned into debt recovery proceeding: NCLAT | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ibc-provisions-cannot-be-turned-into-debt-recovery-proceeding-nclat-123031300927_1.html NCLAT said the provisions of the Insolvency & Bankruptcy Code cannot be turned into a debt recovery proceeding as the idea of this
🙏Paints business margin to reduce with entry of Grasim Industries – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/paints-business-margin-to-reduce-with-entry-of-grasim-industries/article66613667.ece Grasim will hurt the industry’s Ebitda margin by 1.50 per cent if it achieves to gain market share of 20 per cent Grasim
Crude oil prices up as SVB failure lowers fears of rate hikes in US – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/crude-oil-prices-up-as-svb-failure-lowers-fears-of-rate-hikes-in-us/article66613387.ece Market hopes US Fed will change its hawkish tone on interest rates Crude oil went up on Monday morning as the banking crisis
SVB fallout: US rushes to avert crisis with SVB deposit guarantee, bank fund – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/svb-fallout-us-rushes-to-avert-crisis-with-svb-deposit-guarantee-bank-fund/article66613269.ece The Treasury Department, Federal Reserve and Federal Deposit Insurance Corp. jointly announced the efforts, aimed at strengthening confidence in the banking system after
SVB collapse to test Fed’s faith in a strong, low-risk financial system – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/svb-collapse-to-test-feds-faith-in-a-strong-low-risk-financial-system/article66613077.ece In crises dating back to the 2007-to-2009 housing collapse, the Fed has shown a willingness to react quickly if problems spread, and can
Two-wheeler production dips for third month in a row in February – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/two-wheeler-production-dips-for-third-month-in-a-row-in-february/article66610624.ece File picture: Companies have been reducing production owing to a sustained decline in exports | Photo Credit: VIBHU H Two-wheeler production in the country
HSBC says it has acquired Silicon Valley Bank UK for £1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/hsbc-says-it-has-acquired-silicon-valley-bank-uk-for-one-pound/article66613835.ece As of March 10, Silicon Valley Bank UK Limited had loans of around £5.5 billion pounds and deposits of around £6.7 billion pounds,
SVB collapse aftermath: Goldman analysts no longer expect Fed rate hike in March – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/svb-collapse-aftermath-goldman-analysts-no-longer-expect-fed-rate-hike-in-march/article66613456.ece U.S. regulators said the failed Silicon Valley Bank’s customers will have access to all their deposits starting Monday and regulators set up a
SVB collapse: A tale of ironies and what lies ahead – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/silicon-valley-bank-puts-the-us-fed-in-the-gorge/article66611024.ece Whether the SVB fiasco is just the start (like Bear Sterns) or the peak (like Lehman/AIG) of a crisis only time will tell
Editorial. SVB’s collapse calls for a fresh look at regulations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/svbs-collapse-calls-for-a-fresh-look-at-regulations/article66611219.ece The SVB crisis highlights that in a scenario of rapidly rising rates, banks’ investment books need an equal degree of scrutiny and stress-testing
What led to SVB failure and its impact on India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/what-led-to-svb-failure-and-its-impact-on-india/article66610352.ece Second order impact on India seems limited but it’s a wait and watch situation A man puts a sign on the door of
What does Axis’ acquisition mean for Citibank India customers? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/what-does-axis-acquisition-mean-for-citibank-india-customers/article66594855.ece As Axis Bank initiates integration, businessline takes a look at its impact on Citibank’s retail customers Axis Bank has completed the acquisition of Citibank India’s
🙏🙏🙏CBDT’s selects 68,000 cases from FY 2019-20 for e-Verification
Clipped from: https://taxguru.in/finance/cbdts-selects-68000-cases-fy-2019-20-e-verification.html CBDT’s e-Verification Scheme harnesses information technology to facilitate voluntary compliance On a pilot basis information of financial transactions pertaining to 68,000 cases from
👍👍👍👍👍👍👍SVB’s collapse calls for a fresh look at regulations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/svbs-collapse-calls-for-a-fresh-look-at-regulations/article66611219.ece The SVB crisis highlights that in a scenario of rapidly rising rates, banks’ investment books need an equal degree of scrutiny and stress-testing
👍👍👍👍👍👍👍What led to SVB failure and its impact on India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/what-led-to-svb-failure-and-its-impact-on-india/article66610352.ece Second order impact on India seems limited but it’s a wait and watch situation A man puts a sign on the door of
–To cover mental illness, buy health insurance policy offering OPD coverage | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/to-cover-mental-illness-buy-health-insurance-policy-offering-opd-coverage-123031001206_1.html Industry regulator nudging companies to underwrite policies that include people with mental illnesses The Insurance Regulatory and Development Authority of India (IRDAI) has taken a
👍👍👍👍👍👍👍Perhaps it is time for India to introduce tort law and punitive damages | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/strengthening-public-liability-insurance-123031200930_1.html Those who cause bodily harm, property damage, or financial loss to others on their premises or due to their operations should be liable
👍👍👍👍👍👍👍Settlement Commission looks to raise awareness through FAQs | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/settlement-commission-looks-to-raise-awareness-through-faqs-123031200958_1.html Where the taxpayers are doubtful on whether they will be penalized, it makes sense to opt for settlement and get a quick closure.