Clipped from: https://www.thehindubusinessline.com/info-tech/bl-explainer-all-about-the-funding-winter-for-start-ups/article65634481.ece Funding in the Indian start-up ecosystem has fallen by 40 per cent to $6.8 billion in the second quarter of calendar year 2022
*******Allowing investment of Vostro account surplus in G-Sec, T-Bills ‘opens new avenues for government to borrow – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/surplus-rupee-balances-in-vostro-accounts-can-now-be-invested-in-g-secs-t-bills/article65636159.ece Balance in Special Vostro accounts can be used for payments for projects and investments With the Reserve Bank of India (RBI) enabling rupee
*******How the RBI is creating conditions for foreign flows to come back to India | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/how-the-rbi-is-creating-conditions-for-foreign-flows-to-come-back-to-india-122071300776_1.html The RBI announced five measures on July 6 to further liberalise foreign exchange. The measures are aimed at creating a more enabling environment
*******Low growth and high inflation expected this year: N Chandrasekaran | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/low-growth-and-high-inflation-expected-this-year-n-chandrasekaran-122071301104_1.html The World Bank last month cut India’s economic growth forecast for the current fiscal to 7.5 per cent owing to rising inflation, supply
*****Power to admit insolvency application not binding even when debt owed: SC | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/power-to-admit-insolvency-application-not-binding-even-when-debt-owed-sc-122071301504_1.html The bench said NCLT failed to appreciate the question of time-bound initiation and completion of corporate insolvency resolution process could only arise if
MF industry AUM hit 11-month low, stocks of 4 firms underperform | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/mf-industry-aum-hit-11-month-low-at-rs-35-64-trn-122071301206_1.html The mutual fund industry – which makes money managing assets – has seen zero growth in 11 months. Photo: Shutterstock The assets managed
*Crisis and macroeconomic policy | Business Standard News
Clipped from: https://www.business-standard.com/article/beyond-business/crisis-and-macroeconomic-policy-122071400022_1.html The book is worth a read for all those interested in our economy – students or commentators of various tints – not least
*******Start-up slowdown | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/start-up-slowdown-122071000495_1.html Raising funds is becoming difficult Around last year this time, unicorns (essentially tech-focused start-ups with a valuation of $1 billion or more) were popping up
India’s biggest challenge | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/india-s-biggest-challenge-122071301656_1.html The world’s largest population will have too few jobs According to a projection from the population division of the United Nations Department of Economic and
A fine line | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-fine-line-122071301660_1.html Regulator should not comment on market prospects The Securities and Exchange Board of India (Sebi) is said to be contemplating releasing regular “risk-factor disclosures” on market
*Inflation is likely to remain elevated, even as commodity prices soften. RBI must continue to prioritise inflation management | The Indian Express
lipped from: https://indianexpress.com/article/opinion/editorials/first-price-stability-8025557/ MPC members are yet to elaborate on what their expectations of the terminal rate is, considering the long lags, the committee must front-load
*RBI may hike interest rate by 25-35bps in Aug meeting; Inflation likely to cool off on easing commodity prices | The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-may-hike-interest-rate-by-25-35bps-in-aug-meeting-inflation-likely-to-cool-off-on-easing-commodity-prices/2592537/?ref=Must_Read The MPC has already raised the repo rate by 90bps to 4.90% and is scheduled to meet Aug 2-4. On the basis of
*Phensedyl: When medicine becomes malady: smuggling of cough syrup Phensedyl rampant, even fakes join the fray – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/pharma-and-healthcare/when-medicine-becomes-malady-smuggling-of-cough-syrup-phensedyl-rampant-even-fakes-join-the-fray/primearticleshow/92836381.cms SynopsisOver the decades, smuggling of the popular medicine near the Bangladesh and Myanmar borders has acquired monstrous proportions. Manufacturer Abbott and law-enforcement agencies
*IndusInd Bank: ED investigating case on remittance transactions during 2011-14 – The Hindu BusinessLineq
Clipped from: https://www.thehindubusinessline.com/money-and-banking/indusind-bank-ed-investigating-caseon-remittance-transactions-during-2011-14/article65634880.ece Filed STRs, police complaints; have no credit exposure to entities, says bank Private sector lender IndusInd Bank on Wednesday said the Directorate of
*Google bans these four malicious apps. Delete them or risk your money – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-bans-these-four-malicious-apps-delete-them-or-risk-your-money/article65635264.ece Google takes down malicious apps over security concern Google, world’s largest search engine technology, has taken down four application from its Play Store.
CAD as percentage of GDP: Nowhere near 2012-13 level, yet worrisome | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cad-as-percentage-of-gdp-nowhere-near-2012-13-level-yet-worrisome-122071300822_1.html If up to $50 billion is withdrawn from forex reserves to finance CAD, the country would still be able to meet nine month’s
Wall Street falls after red-hot inflation data; Nasdaq down 1.5% | Business Standard News
Clipped from: https://www.business-standard.com/article/international/wall-st-opens-sharply-lower-after-red-hot-inflation-data-nasdaq-down-1-8-122071301238_1.html US inflation accelerated in June by more than forecast, underscoring relentless price pressures that keep the Federal Reserve on track for another big
MF industry AUM hit 11-month low, stocks of 4 firms underperform | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/mf-industry-aum-hit-11-month-low-at-rs-35-64-trn-122071301206_1.html The mutual fund industry – which makes money managing assets – has seen zero growth in 11 months. Photo: Shutterstock The assets managed
ED probing some entities, employees over irregularities, says IndusInd Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/ed-probing-some-entities-employees-over-irregularities-says-indusind-bank-122071301036_1.html IndusInd Bank says it has no credit exposure to the entities being investigated The FIR, dated July 9, was filed with the Chennai
Windfall tax review more likely now after fall in global crude prices | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/windfall-tax-review-more-likely-now-after-fall-in-global-crude-prices-122071300560_1.html Post windfall tax, the realised spread on diesel and gasoline has fallen to near loss-making levels while the realisation on aviation fuel and
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