lipped from: https://www.business-standard.com/article/current-affairs/bharat-drone-mahotsav-modi-wants-drones-to-be-as-common-as-mobile-phones-122052800010_1.html Asks all ministries to increase use of drones in their work Prime Minister Narendra Modi flies a drone at the inauguration of the
*****Growth of shadow banks poses threat to financial stability: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-annual-report-some-shadow-banks-a-threat-to-financial-stability-122052700561_1.html Balance sheet expanded but asset quality deteriorated, says RBI report RBI issued guidelines extending the prompt corrective action (PCA) framework for NBFCs The Reserve
Govt has tried to shield farmers though prices of fertilisers shot up: PM | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/govt-has-tried-to-shield-farmers-though-prices-of-fertilisers-shot-up-pm-122052801008_1.html PM Modi on Saturday said his government has tried to ensure that farmers in the country are not affected even though the prices
IndiGo fined Rs 5 lakh for denying boarding to specially-abled child | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/indigo-fined-rs-5-lakh-for-denying-boarding-to-specially-abled-child-122052800458_1.html A more compassionate handling would have smoothened nerves, calmed the child and obviated the need for the extreme step resulting in denied boarding
Coal India to import for first time in years as power shortages loom | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/coal-india-to-import-for-first-time-in-years-as-power-shortages-loom-122052801045_1.html India is expected to face a wider coal shortage during the third quarter of 2022 due to expectations of higher electricity demand, stoking
*****Sebi tweaks SOP in case of defaults by trading, clearing members | The Financial Express
Clipped from: https://www.financialexpress.com/market/sebi-tweaks-sop-in-case-of-defaults-by-trading-clearing-members/2540290/ The TM is required to be instructed to pay small investors out of available funds and own resources (movable and immovable) under the
*****Govt approves guidelines for small business cluster development programme for 2021-26 period – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/govt-approves-guidelines-for-small-business-cluster-development-programme-for-2021-26-period/articleshow/91847796.cms Synopsis The scheme aims at enhancing the competitiveness and productivity of micro and small enterprises by undertaking certain interventions. NEW DELHI: The government
Putin says he’s willing to discuss resuming Ukrainian grain shipments | Business Standard News
Clipped from: https://www.business-standard.com/article/international/putin-says-he-s-willing-to-discuss-resuming-ukrainian-grain-shipments-122052800825_1.html Putin also informed French President and German Chancellor that Russia was ready to increase its export of fertilizers and agricultural products if sanctions
*****RBI says economy losing steam; high frequency indicators showing loss of momentum | The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-says-economy-losing-steam-high-frequency-indicators-showing-loss-of-momentum/2540412/ The global recovery is expected to suffer a significant loss of momentum in 2022. The risks to the global economy in 2022 are
Clear up the ratings confusion, SEBI, RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/clear-up-the-ratings-confusion-sebi-rbi/articleshow/91842467.cms Synopsis A credit rating is an expression of an opinion in a standardised form. And the rating assigned to a given debt shows
CBDT notified amendment in Faceless penalty scheme, allowing mandatory personal hearing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbdt-notified-amendment-in-faceless-penalty-scheme-allowing-mandatory-personal-hearing/articleshow/91852314.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The amendment has omitted the Regional Faceless Penalty Centre from the Faceless Penalty Scheme and provides that electronic records shall be authenticated
Woman gets 15 months in prison for punching flight attendant – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/woman-gets-15-months-in-prison-for-punching-flight-attendant/articleshow/91845848.cms Synopsis The 29-year-old Sacramento woman is prohibited from flying for three years while she is on supervised release and must participate in anger
Insurers, banks order probes in the wake of Axis Mutual Fund controversy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/insurers-banks-order-probes-in-the-wake-of-axis-mutual-fund-controversy/articleshow/91843193.cms Synopsis After reports that two Axis MF executives were implicated in front running – or, purchasing or selling shares based on non-public information
Points of departure | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/points-of-departure-122052601697_1.html MNC exits raise concern From Cairn and Hutchison to Harley-Davidson, General Motors, Ford, Holcim, Citibank, Barclays, RBS, and now Metro Cash & Carry,
*****Why aviation industry is a tempting target for cyberattacks | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/decoded-why-aviation-industry-is-a-tempting-target-for-cyberattacks-122052701407_1.html Airlines and aviation systems need to secure customer data, and also data transmission to ground controls At least 280 R-ware attacks were reported
*****Storm in a GST cup | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/storm-in-a-gst-cup-122052701390_1.html The notion that the recent Supreme Court ruling alters the nature of fiscal federalism is misplaced, but the Council would do well to
*****CBIC issues SOPs for recovering tax dues from insolvent companies | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cbic-issues-sops-for-recovering-tax-dues-from-insolvent-companies-122052701466_1.html The CBIC said it has nominated a nodal officer to ensure filing of claims with the Insolvency and Bankruptcy Board of India (IBBI)
*Wheat markets still on the edge a fortnight after govt’s export ban | Business Standard News
Clipped from: https://www.thehindu.com/business/markets/sebi-tweaks-sop-in-case-of-defaults-by-trading-clearing-members/article65467062.ece The regulator, in consultation with the Market Infrastructure Institutions, has decided to modify the framework. The logo of the Securities and Exchange Board
*****SEBI tweaks SOP in case of defaults by trading, clearing members – The Hindu
Clipped from: https://www.thehindu.com/business/markets/sebi-tweaks-sop-in-case-of-defaults-by-trading-clearing-members/article65467062.ece The regulator, in consultation with the Market Infrastructure Institutions, has decided to modify the framework. The logo of the Securities and Exchange Board
*****Has the Supreme Court clipped the wings of GST Council? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/has-the-supreme-court-clipped-the-wings-of-gst-council/article65440439.ece The great achievement of GST is that it has brought about uniformity in taxation in our country Certain observations made by the Supreme
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