Clipped from: https://economictimes.indiatimes.com/prime/money-and-markets/the-fed-in-wonderland-quantitative-easing-tightening-are-much-like-alices-eat-me-drink-me-game/primearticleshow/94082716.cms SynopsisAfter keeping interest rates low for years, the US Federal Reserve has taken to quantitative tightening. From September 1, the Fed started to
After demerger of pharma business, up to 37% upside seen in Piramal Enterprises – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/after-demerger-of-pharma-business-up-to-37-upside-seen-in-piramal-enterprises/articleshow/94267010.cms Synopsis The management will now be looking to scale up its loan book, which will entail a consolidation in the wholesale book and
Ease of doing business: ‘Small company’ limits relaxed further – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/ease-of-doing-business-small-company-limits-relaxed-further/articleshow/94256665.cms Synopsis Small companies are not required to include cash flow statements in their financial reports, need hold only two board meetings a year
income tax compounding: Income Tax department relaxes norms for compounding of offence – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/income-tax-department-relaxes-norms-for-compounding-of-offence/articleshow/94273116.cms Synopsis Issuing the revised guidelines for Compounding of offences under the Income-tax Act, 1961, the Central Board of Direct Taxes (CBDT) said: “The
China exports: Chinese economy’s export pillar shows cracks from global slowdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/chinese-economys-export-pillar-shows-cracks-from-global-slowdown/articleshow/94236918.cms Synopsis Alarm bells sounded for China’s $18 trillion economy when trade data last week showed export growth well short of expectations and slowing
Eat and learn: The Hindu Editorial on Tamil Nadu’s breakfast scheme in schools – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/eat-and-learn-the-hindu-editorial-on-tamil-nadus-breakfast-scheme-in-schools/article65899065.ece T.N.’s breakfast scheme is a good model for other States to follow T.N.’s breakfast scheme is a good model for other States to
An opportunity for India Inc – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/an-opportunity-for-india-inc/article65886334.ece Corporate India’s response to the country’s job crisis has been more symbolic than substantial Ola, Uber and Fastrack cabs drivers park their vehicles
FII buying trends in India: With current resilience in domestic, global markets, will buying sustain? | The Financial Express
Clipped from: https://www.financialexpress.com/market/fii-buying-trends-in-india-with-current-resilience-in-domestic-global-markets-will-buying-sustain/2669358/ The net FII flows in this calendar year may remain negative, though the trend now seems to be reversing. The FIIs seek and
Trade deficit may remain high in near-term; exports outlook weak, RBI’s tightening to slow import growth | The Financial Express
Clipped from: https://www.financialexpress.com/economy/trade-deficit-may-remain-high-in-near-term-exports-outlook-weak-rbis-tightening-to-slow-import-growth/2669298/ According to analysts at Edelweiss Securities, the outlook for exports remains subdued, and the trade deficit may narrow going forward. RBI’s tightening is
RBI net-sold $19.05 billion in forex market in July to protect rupee | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-net-sold-19-05-billion-in-forex-market-in-july-to-protect-rupee-122091601304_1.html RBI’s forward purchases fell $9 bln in July as interventions spread across spot, forwards Photo: Bloomberg The Reserve Bank of India (RBI) net sold $19.05
Capex cycle on a strong wicket – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/statistalk/capex-cycle-on-a-strong-wicket/article65887457.ece Robust demand conditions can facilitate more than doubling of investments in the next 5 years The ongoing capex cycle comes on the back
Piramal Enterprises (Buy) – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-piramal-enterprises-buy/article65899478.ece Target: ₹1,320 CMP: ₹964.65 Piramal Enterprises had fixed September 1 as the record date for the demerger of Piramal Pharma (PPL). Price discovery
FM bats for more women representation on boards – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/fm-bats-for-more-women-representation-on-boards/article65899318.ece Finance Minister Nirmala Sitharaman comes down heavily on companies that are evading the mandate The government is noticing how companies are evading the
Front-loading of monetary policy actions can keep inflation expectations firmly anchored: RBI Bulletin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/front-loading-of-monetary-policy-actions-can-keep-inflation-expectations-firmly-anchored-rbi-bulletin/article65899487.ece ‘Economy poised to shrug off modest tapering of growth momentum in Q1’ Monetary policy has to perform the role of nominal anchor for
Healthcare cases @ SC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/pulse/coming-up-healthcare-cases-sc/article65900176.ece Two legal developments are expected later this month. The pharmaceutical industry will be watching developments at the Supreme Court, where the case on
IBBI to soon allow partial resolution of assets, businesses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ibbi-to-soon-allow-resolution-of-part-assets-of-debtor/article65899906.ece Move to enable creditors to get better realisations of dues New Delhi, September 16 The Insolvency and Bankruptcy Board of India (IBBI) will
RBI now going inside: Windfall tax on domestic crude cut | The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-now-going-inside-windfall-tax-on-domestic-crude-cut/2671431/ Diesel cracks have been in the range of $25-50/bbl since last month. ATF cracks were around $25-50/bbl, ICICI Direct said in a report
Incentivising RPs | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/incentivising-rps/2671393/ A revised fee structure for resolution professionals for getting lenders a good price is a pragmatic step The committee was also apprehensive about
FM Sitharaman asks corporates to clear dues to MSMEs in 45 days | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/fm-sitharaman-asks-corporates-to-clear-dues-to-msmes-in-45-days/2671264/ The central government would also be taking steps to resolve the issue by ensuring that departments and central public sector enterprises make the
Belated ITR Filing Under New Tax Regime: Can you claim the new tax regime benefit while filing belated income tax returns (ITR)?
Clipped from: https://economictimes.indiatimes.com/wealth/tax/can-you-claim-the-new-tax-regime-benefit-while-filing-belated-income-tax-returns/articleshow/94216350.cms Synopsis Have you calculated your income taxes according to the new income tax regime but missed the deadline to file an income tax