Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-announces-measures-for-cooperative-banks-to-enhance-credit-flow-for-housing-sector/articleshow/92074025.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis While announcing the monetary policy, governor Shaktikanta Das said that the cooperative banks will now be able to lend more for home
*How to draft a will for your NRI children – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/how-to-draft-a-will-for-your-nri-children/articleshow/92055665.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis Suppose one’s child is residing in a different country. In that case, there is a high possibility that he/she will be unaware
*Income from property rented out: GST AAR makes an important ruling – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/income-from-property-rented-out-gst-aar-makes-an-important-ruling/articleshow/92073684.cms Synopsis In its ruling, the AAR held that GST exemption is provided by the nature of the property and its usage and not
*e-mandates: RBI Policy: Customers no-longer need to input OTP for e-mandates up to Rs 15,000 for recurring transactions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-policy-customers-no-longer-need-to-input-otp-for-e-mandates-up-to-rs-15000/articleshow/92074749.cms Synopsis Earlier in the day, the RBI-led MPC delivered a 50 bps hike in the key policy rates to 4.90 per cent but
*Double whammy for new home buyers with rising property price and interest rate? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/real-estate/double-whammy-for-new-home-buyers-with-rising-property-price-and-interest-rate/articleshow/92079719.cms Synopsis The segment that will feel the pain the most is the affordable housing segment – the rate hike is expected to hit
Two records and a turn | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/two-records-and-a-turn-122060701257_1.html The finance minister’s ability to effect a steady rise in capex is more significant than her two records on deficit management On May
*Resolve GST disputes quickly and smartly – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/resolve-gst-disputes-quickly-and-smartly/articleshow/92067343.cms Synopsis The GST Council has the power to make recommendations on tax rates and a wide range of GST-related subjects. The council’s decisions
-A strong case for Indian equities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-strong-case-for-indian-equities/articleshow/92067340.cms Synopsis The number of demat accounts in the country has doubled since the onset of the pandemic, as have assets under control of
*****The inflation spectrometer | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-inflation-spectrometer-122060601149_1.html Even as some inflationary impulses fade, others of more recent vintage pose new and bigger risks; one must disentangle multiple strands to reduce
*****After the rate hike | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/after-the-rate-hike-122060500827_1.html Policy will depend on RBI’s inflation projection Market expectations from the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) have changed dramatically
*RBI’s monetary policy to focus on macroeconomic stability | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-s-monetary-policy-to-focus-on-macroeconomic-stability-122060601248_1.html Since the last policy announcement, inflationary risks have increased significantly The Reserve Bank of India’s (RBI’s) monetary policy actions during April-May 2022 were
LIC hits new low since listing; market cap falls below Rs 5 trillion | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/lic-hits-new-low-since-listing-market-cap-falls-below-rs-5-trillion-122060600184_1.html Since listing, LIC has lost Rs 56,000 crore of market-cap from Rs 5.54 trillion to Rs 4.98 trillion Shares of Life Insurance Corporation
*****Govt releases fresh draft note on regulating social media – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/social-media/govt-releases-fresh-draft-note-on-regulating-social-media/article65501602.ece Will not impact growth of new Indian companies or Startups: MeitY The Centre on Monday has released a fresh draft notification seeking comments
*RBI issues differential provisioning norms for standard assets for large NBFCs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-issues-differential-provisioning-norms-for-standard-assets-for-large-nbfcs/article65501304.ece RBI said provisioning guidelines for NBFC-UL will be effective October 1, 2022 The Reserve Bank of India (RBI) has aligned provisioning norms for
10-year G-Sec yield touches 7.50%, a 40-month high – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/10-year-g-sec-yield-touches-750-per-cent-a-40-month-high/article65501027.ece Bond yields and prices are inversely co-related and move in opposite directions Government Securities (G-Secs) yield rose on Monday, with yield of 10-year
SEBI flags concerns over regulation of cryptos – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/sebi-flags-concerns-over-regulation-of-cryptos/article65500608.ece Consumer protection and enforcement of any regulatory regime over crypto assets would be challenging due to the decentralised nature of cryptos The Securities
You may soon be allowed to edit your sent messages on WhatsApp, says report | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/you-may-soon-be-allowed-to-edit-your-sent-messages-on-whatsapp-says-report-122060300362_1.html After announcing that some major features are under development such as group polls and WhatsApp Premium, WhatsApp is now working on the ability
*****After 4.1% GDP growth in Q4, what next for the Indian economy? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/economy-policy/after-4-1-gdp-growth-in-q4-what-next-for-the-indian-economy-122060100097_1.html The Indian economy grew by 4.1% in March quarter. While the overall growth for FY21-22 was 8.7%, against the contraction of 6.6% in
*****Inflation: How bad for stocks? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/inflation-how-bad-for-stocks-122060500839_1.html If monetary tightening affects discretionary spending (of the middle class and the poor) and non-essential assets mainly, how will demand for the essential
After the rate hike | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/after-the-rate-hike-122060500827_1.html Policy will depend on RBI’s inflation projection Market expectations from the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) have changed dramatically
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