Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/how-will-a-us-recession-play-out-for-india-other-emerging-markets/articleshow/92789413.cms Synopsis Since the peak in October 2021, the Indian market has been in correction mode, with over $40 billion in FPI selling. That’s
*****India inflation: Indicators show inflation may be peaking, RBI says – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/indicators-show-inflation-may-be-peaking-rbi-says/articleshow/92923950.cms Synopsis The Reserve Bank of India in its July bulletin has said that there are indications that inflation may be peaking, adding that
*******New GST googly: Gifted IPL tickets are no longer free – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/new-gst-googly-gifted-ipl-tickets-are-no-longer-free/articleshow/92907738.cms Synopsis This would mean that any IPL franchise owner gifting complimentary tickets to its employees will have to cough up GST on the
*Settling trade in rupee: FTP tweaks may allow traders export benefits | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-to-soon-make-amendments-to-ftp-for-settling-trade-in-rupees-122071401325_1.html?code=NTM4OTU9MTIyMDcxNDAxMzI1 It is not clear if the changes will be part of the existing FTP or the new policy that the DGFT hopes to
*******Validity of Service Tax Notices Based on Form 26AS–TAXGURU.IN
Clipped from: https://taxguru.in/service-tax/service-tax-notices-based-26as-aspects-validity.html 1. Recently (mainly December 2020) spate of show-cause notices (SCN) have been issued seeking to demand the service tax on the differential amounts
*****Subrata Mitra writes: No winners in Russia-Ukraine war, but an opportunity for India–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/russia-ukraine-war-nato-zelenskiy-8030080/ Subrata Mitra writes: NATO, aware of the very real threat of Russia’s nuclear option, cannot do more. And Russia, in possession of territory
*Basic pay, wages: Govt open to relook labour code proposals | India News,The Indian Express
Clipped from: https://indianexpress.com/article/india/basic-pay-wages-govt-open-to-relook-labour-code-proposals-8032240/ The Code on Wages proposes to fix a National Floor Level Minimum Wage, and redefine the break-up of wage to increase the share
*Deficit doubts: The Hindu Editorial on concern over current account deficit – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/deficit-doubts-the-hindu-editorial-on-concern-over-current-account-deficit/article65644248.ece?homepage=true Fretting about the current account deficit is warranted; fiscal space must also be reassessed Fretting about the current account deficit is warranted; fiscal
*inflation: How to invest when inflation is bad and a recession may loom – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/stocks/news/how-to-invest-when-inflation-is-bad-and-a-recession-may-loom/articleshow/92898342.cms Synopsis If the economy were to fall into a prolonged and deep recession, the stock market might plunge further and not recover for
*directorate general of revenue intelligence: Customs can put tracking devices on ‘suspect’ goods – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/customs-can-put-tracking-devices-on-suspect-goods/articleshow/92907326.cms Synopsis As per the CBIC notification, if a proper officer having a reasonable belief that a suspect consignment is being imported into or
*****YES Bank, JC Flowers in pact for ARC in bid to seal largest ever NPA deal | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/yes-bank-says-jc-flowers-arc-base-bidder-for-bad-loans-up-to-rs-48k-crores-122071500331_1.html This is being termed the single-largest bad loan deal The bank plans to conduct the bidding process on a Swiss challenge basis for
*We are looking at being distinctive as a bank: Axis Bank MD & CEO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/we-are-looking-at-being-distinctive-as-a-bank-axis-bank-md-ceo-122071500949_1.html In a Q&A, Axis Bank MD & CEO Amitabh Choudhry says bank’s core leadership is focused on 19 transformative initiatives, at both business
*Demand recovery a rosy picture for paint companies in Apr-Jun quarter | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/demand-recovery-a-rosy-picture-for-paint-companies-in-apr-jun-quarter-122071501046_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Listed paint companies could report over 30 per cent revenue growth year-on-year (YoY), aided by double-digit volume growth in decorative paints and cumulative
*******Central banks: Redeeming credibility | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/central-banks-redeeming-credibility-122071501472_1.html Central banks seem to have forgotten that there is one role, viz. controlling inflation, which is solely their responsibility The world over, central banks are
*******Let India export foodgrains from public stock: FM Sitharaman at G20 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/allow-india-to-export-public-stock-foodgrains-to-nations-in-need-fm-122071501325_1.html Says India could help in reducing hunger or food insecurity Union Finance Minister Nirmala Sitharaman | Photo: PTI India should be allowed to
*Rupee at life-time low to hit imports, overseas education, travel – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/forex/rupee-at-life-time-low-to-hit-imports-overseas-education-travel/article65643755.ece Rupee ends at 79.8775 against the dollar The rupee hit a record low on Friday as foreign investors continued to dump riskier assets
*******UP AAR: Transfer of Lucknow Airport to Adani, transfer of going concern, does not attract GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/up-aar-transfer-of-lucknow-airport-to-adani-transfer-of-going-concern-does-not-attract-gst/article65643711.ece Gujarat AAR ruled on a similar line for Ahmedabad Airport too Transfer of business from Lucknow Airport by Airport Authority of India (AAI)
*******Educated, but no work: Covid spurs jobless rate among graduates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/educated-but-no-work-covid-accelerates-unemployment-rate-among-graduates/article65643658.ece More than half the graduates in Rajasthan have no jobs, shows CMIE data India is currently staring at a massive unemployment rate of
*Google Play Store updates replacing ‘Permissions’ section with ‘Data Safety’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-play-store-replaces-permissions-with-data-safety/article65643525.ece ‘Data Safety’ section provides information to users about all the data an app requires Google have brought in a major update to its
*****Steel prices crash 13-15 per cent in July – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/steel-prices-crash-13-15-per-cent-in-july/article65644258.ece Seasonal dip in demand, recessionary pressures across the globe and an impending slowdown in China seen as reasons Global steel prices, including export
aniltikotekar4sme.com 