Clipped from: https://economictimes.indiatimes.com/news/economy/finance/gst-revenue-collection-hits-record-rs-1-68-lakh-crore-in-april/articleshow/91230829.cms Synopsis This comes after the second highest collection of ₹1.42 lakh crore that was reported in the month of March 2022. Goods and
*LIC IPO investors said to bid for double of anchor book – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/lic-ipo-investors-said-to-bid-for-double-of-anchor-book/articleshow/91235630.cms Synopsis Singapore’s GIC Pte and Norway’s sovereign wealth fund are among the anchor investors, the people said, asking not to be identified before
*Indonesia’s ban on palm oil exports a concern but impact to be transitory: FMCG industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/fmcg/indonesias-ban-on-palm-oil-exports-a-concern-but-impact-to-be-transitory-fmcg-industry/articleshow/91234387.cms Synopsis Several industry leaders hint that they will reduce their reliance on palm oil in phases and shift to alternatives such as rice
*****Decoding embedded value of life insurers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/decoding-embedded-value-of-life-insurers/article65359889.ece Understanding the metric assumes significance in the wake of the upcoming mega LIC IPO on May 4 Yash and Chaitanya meet over a
*Malaysia plans to attract one million Indian tourists annually by 2024 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/malaysia-plans-to-attract-one-million-indian-tourists-annually-by-2024/article65366937.ece Expect at least 1 lakh Indian tourist arrivals in 2022, says Senior Director of Tourism Malaysia A view of the illuminated Kuala Lumpur’s
*Why wind developers are surrendering capacities won in auctions – The Hindu BusinessLine
clipped from: https://www.thehindubusinessline.com/companies/why-wind-developers-are-surrendering-capacities-won-in-auctions/article65370151.ece Out of 12,740 MW of projects that have been awarded, only 3,126 MW has been commissioned. | Photo Credit: JOSE MANUEL RIBEIRO Ultra-low
Forex violations: ED seizes ₹5,551 crore from Chinese firm Xiaomi – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/forex-violations-ed-seizes-5551-crore-from-chinese-firm-xiaomi/article65370179.ece FILE PHOTO: The logo of Xiaomi is seen inside the company’s office in Bengaluru, India, January 18, 2018. REUTERS/Abhishek N. Chinnappa/File Photo |
*Income tax return forms for FY 2021-22: 9 changes that require additional information from taxpayers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-return-forms-for-fy-2021-22-9-changes-that-require-additional-information-from-taxpayers/articleshow/90953633.cms Synopsis The income tax return (ITR) notified for FY 2021-22 does not have any major changes. However, finer/additional details have been asked in
*****Tax tribunal’s views differ in Thakkar ruling – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/tax-tribunals-views-differ-in-thakkar-ruling/articleshow/91220256.cms Synopsis The cases relate to South Mumbai residents, Dilip Thakkar, a reputed chartered accountant, and his wife Indira Thakkar whose father had set
Yes Bank-DHFL fraud case: CBI raids underway in Mumbai, Pune – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/yes-bank-dhfl-fraud-case-cbi-raids-underway-in-mumbai-pune/articleshow/91201881.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis These sources added that searches were underway at eight locations in Mumbai and Pune. The raids come days after the federal agency
*Need framework to study impact of insolvency law: Corporate Affairs Secretary Rajesh Verma – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/need-framework-to-study-impact-of-insolvency-law-corporate-affairs-secretary-rajesh-verma/articleshow/91202894.cms Synopsis Emphasising that the government and regulator IBBI have been constantly making course corrections to address any gaps in the Insolvency and Bankruptcy
*Deep haircuts: Comparing realisations with outstanding loans not reasonable to assess IBC effectiveness, says RBI DG – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/deep-haircuts-comparing-realisations-with-outstanding-loans-not-reasonable-to-assess-ibc-effectiveness-says-rbi-dg/articleshow/91210341.cms Synopsis Financial creditors have been able to realise 166 per cent in comparison to the liquidation value of the debtors, indicating that creditors
*****YES Bank Q4 Preview: Lender may report losses despite doubling of NII growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/earnings/yes-bank-q4-preview-lender-may-report-losses-despite-doubling-of-nii-growth/articleshow/91198332.cms Synopsis Analysts said a further decline in the special mention account (SMA) book would be a key thing to watch for in the
*****Indian government cancels some passenger trains to make way for coal amid power crisis – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/railways/govt-cancels-some-passenger-trains-to-make-way-for-coal-amid-power-crisis/articleshow/91160980.cms Synopsis The measure is temporary and passenger services will be restored as soon as the situation normalizes, said Gaurav Krishna Bansal, an executive
*****For growth at an 8%-plus clip, India must fire on all cylinders, not just services or manufacturing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-for-growth-at-an-8-plus-clip-india-must-fire-on-all-cylinders-not-just-services-or-manufacturing/articleshow/91189372.cms Synopsis India has since seen a services-led growth model. Its per-capita incomes, in purchasing power parity (PPP) terms, have risen from about $2,000
*Tatas plan to go atmanirbhar with chipmaking, EV battery plans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/tatas-plan-to-go-atmanirbhar-with-chipmaking-ev-battery-plans/articleshow/91200090.cms Synopsis The initiatives by the $103 billion Tata Group are aligned to Prime Minister Narendra Modi’s attempts to make India a leader in
*****A growing number of India’s workforce are no longer looking for jobs. Why? | The Financial Express
lipped from: https://www.financialexpress.com/jobs/a-growing-number-of-indias-workforce-are-no-longer-looking-for-jobs-why/2502862/ Frustrated at not being able to find the right kind of job, millions of Indians, particularly women, are exiting the labor force entirely,
*Significant number of women plan to quit jobs within two years due to burnout, lack of flexible timing: Report | The Financial Express
Clipped from: https://www.financialexpress.com/jobs/significant-number-of-women-plan-to-quit-jobs-within-two-years-due-to-burnout-lack-of-flexible-timing-report/2504262/ The report is based on views of 5,000 women surveyed between November 2021 and February 2022 across 10 countries, including 500 in India.
*****Why you must opt for comprehensive health cover over and above your corporate insurance | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/why-you-must-opt-for-comprehensive-health-cover-over-and-above-your-corporate-insurance/2508578/ While it’s great to have corporate insurance as an additional layer of protection, the key ingredient to shield you from rising medical inflation
*****What Indonesia’s palm oil export ban means for India – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-what-indonesias-palm-oil-export-ban-means-for-india/article65366502.ece Over the past year, the increase in retail palm oil prices in India has been higher than other edible oils Why has Indonesia