Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-agri-biz-and-commodity/what-forced-to-jakarta-to-backtrack/article65365059.ece Close up of fresh oil palm fruits and cooking oil, selective focus. | Photo Credit: slpu9945 Pressure to tame prices, localpolitics couldhave played
*****Indonesia export ban on crude, RBD palm oil ‘temporary’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-agri-biz-and-commodity/indonesia-export-ban-on-crude-rbd-palm-oil-temporary/article65365055.ece To remain in force until domestic prices fall below 14,000 rupiah Indonesia has imposed a “temporary export ban” on crude palm oil (CPO),
*****A coal crisis that could have been avoided – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/a-coal-crisis-that-could-have-been-avoided/article65365117.ece Coal supplies Growing uncertainty SHIV KUMAR PUSHPAKAR | Photo Credit: SHIV KUMAR PUSHPAKAR The coal PSUs cannot be blamed for the crisis. Timely
*****‘Time in the market more important than timing the market’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/time-in-the-market-more-important-than-timing-the-market/article65365094.ece Strong demand from anchor and retail investors; market volatility may stabilise soon, says LIC Chairman “Why should anyone worry about valuation? It is
CCI raids top Amazon sellers Cloudtail, Appario – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/cci-raids-top-amazon-sellers-cloudtail-appario/article65365063.ece Cloudtail drives nearly 80 per cent of Amazon’s sales in India REUTERS | Photo Credit: Abhishek Chinnappa Raids in Delhi, Mumbai, and Bengaluru
Ambani readies for mega IPOs of Reliance Retail, RJio – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/ambani-readies-for-mega-ipos-of-reliance-retail-rjio/article65365066.ece Mukesh Ambani A global listing for both RRVL and RJPL simultaneously, along with listing in India, cannot be ruled out, say sources Mukesh
*****Raise GST rates, but not without reforms | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/raise-gst-rates-but-not-without-reforms-122042601442_1.html Avoid past mistakes and reduce the number of GST rate slabs along with rate increases The launch of the goods and services tax
*****Why dollar will remain dominant | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-dollar-will-remain-dominant-122042701393_1.html Although the US dollar’s share in global reserves has declined over the years, and attempts are being made to popularise other currencies, there
*****Why we must clearly define atmanirbharta and our reasons for chasing it | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-we-must-clearly-define-atmanirbharta-and-our-reasons-for-chasing-it-122042900955_1.html Employment deficit is a bigger problem for India than trade deficit. That and the feasibility question should not be lost in PLI’s search
*Centre, Sebi to discuss exempting LIC from public shareholding norm | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/centre-sebi-to-discuss-exempting-lic-from-public-shareholding-norm-122042901025_1.html The government is also not looking to dilute any further stake in LIC for at least a year Sebi The finance ministry will hold discussions
***Bank credit to industry turns around in FY22, infra lending tops Rs 1 trn | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bank-credit-to-industry-turns-around-in-fy22-infra-lending-tops-rs-1-trn-122042901210_1.html Credit to medium-sized industries grew a robust 71.4% in March 2022 from 34.5% last year, that to micro and small units was 21.5%
*Indian refiners negotiating 6-month deal with Russia to import oil: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/indian-refiners-negotiating-6-month-deal-with-russia-to-import-oil-report-122042900814_1.html India has already bought more than twice as much crude from Russia in the two months since its invasion of Ukraine on Feb.
**Core sector picks up sequentially; registers double digit growth in March | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/core-sector-picks-up-sequentially-registers-double-digit-growth-in-march-122042901122_1.html A coal shortage could aggravate power cuts in many states, leading to economic growth losing momentum. Growth in eight infrastructure sectors saw robust
***GoM likely to discuss imposing flat 28% GST on online gaming | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gom-likely-to-discuss-imposing-flat-28-gst-on-online-gaming-122042901532_1.html Set to meet on Monday to iron out issues, including tax ambiguities An empowered group of ministers (GoM) — set up to look
**RBI new ban likely to push up approval cost for property developers | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-new-ban-likely-to-push-up-approval-cost-for-property-developers-122042901490_1.html The issue could be more worrisome for developers in Mumbai because premium payment and TDR appertain more to the city, experts said. Photo:
*Over 50% PMC depositors have stayed with Unity: Centrum Group’s Bindra | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/over-50-pmc-depositors-have-stayed-with-unity-centrum-group-s-bindra-122042901508_1.html Unity Small Finance Bank’s first leg of journey is integration: Bindra Jaspal Bindra, chairman of Centrum Group All branches of the beleaguered Punjab
Tata Motors has global ambitions for electric vehicles: N Chandrasekaran | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tata-motors-has-global-ambitions-for-electric-vehicles-n-chandrasekaran-122042900675_1.html Tata Sons Chairman N Chandrasekaran stresses the automaker’s global plans for its EVs over the next three years The model developed ground up
*****India to overcome Covid-19 pandemic losses by FY35, says RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-to-overcome-covid-19-pandemic-losses-by-fy35-says-rbi-report-122043000017_1.html 6.5-8.5% is the feasible range for medium-term steady state GDP growth in India Photo: Shutterstock It is only by 2034-35 that India is
Monthly selling streak by FPIs worst since global financial crisis in 2008 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/monthly-selling-streak-by-fpis-worst-since-global-financial-crisis-in-2008-122042901588_1.html Pull out capital for 7th straight month in April A fall in the rupee eats into the returns for overseas investors Foreign portfolio
Tourist Visa: Can you change your tourist visa into a student or work visa once you’ve landed in the US? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/can-you-change-your-tourist-visa-into-a-student-or-work-visa-once-youve-landed-in-the-us/articleshow/91118290.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis A change of status means a change in your intention. For example, when you obtain a visa and enter the USA, you
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