Clipped from: https://www.business-standard.com/article/economy-policy/fy23-tax-collection-likely-to-be-better-than-budget-estimate-revenue-secy-122060900944_1.html The country’s tax collections soared to a record high of Rs 27.07 lakh crore last year, compared to budget estimate of Rs 22.17
*As FDI gets pricey, China rushes to calm frustrated foreign investors | Business Standard News
Clipped from: https://www.business-standard.com/article/international/after-unprecedented-shanghai-lockdown-china-s-step-to-calm-foreign-firms-122061000196_1.html In recent weeks, Chinese leaders, while denying that there is an exodus of foreign firms, are putting more emphasis on the concerns of
*Increasing equity exposure | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/increasing-equity-exposure-122060901231_1.html EPFO should first fix the basics How should an institution managing retirement funds invest? Should it aim to minimise risk and invest in
*Any amount collected periodically by RWA that exceeds ₹7,500 will attract GST: TSAAR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/any-amount-collected-periodically-by-rwa-that-exceeds-7500-will-attract-gst-tsaar/article65510123.ece ‘GST is not leviable on electricity and water charges collected from residents’ Any amount collected periodically, along with the monthly maintenance charges by
*Government exploring all options against SC rulings related with IGST on Ocean Freight – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/government-exploring-all-options-against-sc-rulings-related-with-igst-on-ocean-freight/article65510197.ece Ruling more known for court’s comment on GST Council The government is exploring all options including filing a review petition against the Supreme
*SEBI tells MFs to report cyber breach incident within six hours – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-tells-mfs-to-report-cyber-breach-incident-within-six-hours/article65510697.ece Mandates audit by authorised external agency and compliance report from MD and CEO Market regulator SEBI has tightened the cyber security framework for
*How to make India a leader in solar module manufacturing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-make-india-a-leader-in-solar-module-manufacturing/article65510177.ece Augmenting domestic research, commercialising evolving technologies, unlocking export markets and making available the required capital are vital The recent power crisis once again
*Safety net – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/any-oversight-body-for-social-media-should-protect-free-speech-with-well-defined-caveats/article65510406.ece Any oversight body for social media should protect free speech with well-defined caveats The Centre’s proposal to set up an appellate committee with
*Tyre exports rise 50% to over ₹21,000 crore in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/tyre-exports-roll-up-50-per-cent-to-top-rs-21000-crore-in-fy22/article65510194.ece Tyre exports have jumped 70 per cent in the last two years since the pandemic hit Recording one of the highest growths across
*Domestic tractor sales declined 8% in May on a sequential basis; exports remain robust – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/domestic-tractor-sales-decline-in-may-on-a-sequential-basis-exports-remain-robust/article65511016.ece USA, Europe and Asia are likely to remain the focal regions for long-term tractor exports Domestic tractor sales reported an 8 per cent decline in
Corporate insolvency: IBBI proposes model fee structure for insolvency professionals – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/corporate-insolvency-ibbi-proposes-model-fee-structure-for-insolvency-professionals/article65511459.ece Regulator issues discussion paper on remuneration of an IP; model fee structure comprises fixed minimum fees and performance-linked incentive In an apparent bid
*IMF welcomes India’s decision to relax ban on wheat exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/imf-welcomes-indias-decision-to-relax-ban-on-wheat-exports/article65513381.ece Says it is concerned by food, fertiliser export restrictions by some nations The International Monetary Fund (IMF) has said that it is concerned
*RBI plays catch-up, hikes repo rate by 50 bps – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/rbi-plays-catch-up-hikes-repo-rate-by-50-bps/article65508720.ece Raises FY23 retail inflation projection to 6.7% from 5.7%; drops ‘accommodative’ in stance The Monetary Policy Committee (MPC) today stepped up its inflation
*****MPC must fight inflation more aggressively – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/mpc-must-fight-inflation-more-aggressively/article65508267.ece Keeping inflation close to 6% will benefit the government’s borrowing scheme, but will not help curb the price rise The MPC in its
*****How to make India a leader in solar module manufacturing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-make-india-a-leader-in-solar-module-manufacturing/article65510177.ece Augmenting domestic research, commercialising evolving technologies, unlocking export markets and making available the required capital are vital The recent power crisis once again
*****RBI joins global central banks, more hikes to follow | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-joins-global-central-banks-more-hikes-to-follow-122060900070_1.html The Indian central bank has now gone back to the familiar script, in line with the global central banks As widely expected, the Reserve
*****All RBI is saying is, give growth a chance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/all-rbi-is-saying-is-give-growth-a-chance/articleshow/92090052.cms Synopsis The risks to the central bank’s inflation guidance – a percentage point higher than what it expected two months ago – are
*****India’s plan to recycle old cars is failing to woo vehicle owners – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/renewables/indias-plan-to-recycle-old-cars-failing-to-woo-vehicle-owners/articleshow/92095693.cms Synopsis The government last year mandated that personal vehicles more than 20 years old and commercial vehicles more than 15 years old will
*****RBI growth forecast for India too conservative: Neelkanth Mishra – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/rbi-and-consensus-growth-numbers-for-india-too-conservative-neelkanth-mishra/articleshow/92107279.cms SECTIONS RBI growth forecast for India too conservative: Neelkanth Mishra By Nikunj Dalmia ,Last Updated: Jun 09, 2022, 05:38 PM IST Synopsis “The
*Current account deficit likely to hit three-year high at $43.8 billion in FY22 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/current-account-deficit-likely-to-hit-three-year-high-at-43-8-billion-in-fy22/articleshow/92107268.cms Synopsis According to an assessment by India Ratings, the Current Account Deficit (CAD) has moderated to USD 17.3 billion or 1.96 per cent
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