Clipped from: https://www.business-standard.com/article/companies/hdfc-twins-are-trading-at-historic-valuation-discount-vs-sensex-122042201417_1.html Analysts expect trend to persist till FY23 end, in light of headwinds Illustration: Binay Sinha For the first time since the 2008 Lehman
*FII ownership of NSE 500 stocks at 3-year low: BofA Securities | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fii-ownership-of-nse-500-stocks-at-3-year-low-bofa-securities-122042200440_1.html Given the multiple headwinds, BofA Securities expects markets to be sideways the near-term given inflation impacting volume growth and margins across several sectors
*Govt seeks to grow tax base, makes filing must for TDS/TCS above Rs 25,000 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-seeks-to-grow-tax-base-makes-filing-must-for-tds-tcs-above-rs-25-000-122042201270_1.html In the case of senior citizens, the aggregate of Rs 50,000 apply; rule came into force on April 21 Tax experts say this
CBI FIR against Naresh Goyal likely for allegedly defrauding banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/cbi-fir-against-naresh-goyal-likely-for-allegedly-defrauding-banks/articleshow/90991296.cms Synopsis Jet Airways was acquired by the Kalrock-Jalan consortium in bankruptcy proceedings. The new owners plan to restart the carrier this year. The
*Financial irregularities are easy to uncover if diligent auditors are put on the job and held accountable – Sequoia Capital: The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-financial-irregularities-are-easy-to-uncover-if-diligent-auditors-are-put-on-the-job-and-held-accountable/articleshow/90965473.cms Synopsis Financial irregularities are easy to uncover if diligent auditors are put on the job and held accountable, and if the directors on
*Walmart invites Indian sellers to sell on Walmart Marketplace, reach over 120 million US consumers | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-exim-walmart-invites-indian-sellers-to-sell-on-walmart-marketplace-reach-over-120-million-us-consumers/2499137/ Trade, import and export for MSMEs: Walmart said it sees particular potential for India-made products in highly searched categories like furniture, bedding, home
*Need dedicated policy framework for MSMEs’ e-commerce exports in upcoming foreign trade policy: FISME | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-exim-need-dedicated-policy-framework-for-msmes-e-commerce-exports-in-upcoming-foreign-trade-policy-fisme/2499448/ Trade, import and export for MSMEs: FISME also suggested several short to mid-term measures to address operational inefficiencies faced by MSMEs when exporting through the
*EMI bounce rates inch up in March as inflation pinches, moratoria end | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/emi-bounce-rates-inch-up-in-march-as-inflation-pinches-moratoria-end/2499796/ In value terms, the bounce rate stood at 22.8%, up 36 bps from February 2022. Also, delinquencies from some retail accounts restructured under
*RBI’s hawkish stance on liquidity | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbis-hawkish-stance-on-liquidity/2499613/ With inflation rising, a slower monetary policy tightening by RBI could accelerate de-anchoring of inflation expectations. RBI might “bite the bullet” by hiking
*Tax Talk: Four key income tax changes from FY22-23 | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-four-key-income-tax-changes-from-fy22-23/2499628/ Taxpayers can now file an updated ITR within two years of the assessment year by paying additional tax Currently, we are in the
*A CAG Callout: High time for UIDAI to be held accountable | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-cag-callout-high-time-for-uidai-to-be-held-accountable/2499562/ With factors including inaccountability, lack of data, and laxity towards process compliance, The CAG Audit highlights gaping holes in the UIDAI’s functioning The
*Retail Inflation: Markets factoring in a hard landing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/markets-factoring-in-a-hard-landing/articleshow/90965261.cms Synopsis The ability of manufacturers to pass on the rise in costs is aided by a concentration of industrial output among large producers,
*Debit Card | Credit Card : How to protect your debit, credit card from fraudsters
Clipped from: https://economictimes.indiatimes.com/wealth/save/how-to-protect-your-debit-credit-card-from-fraudsters/articleshow/90975746.cms Synopsis As the number of people who use their cards to make purchases has increased, so has the number of cases of card-related
*credit cards: RBI issues master directions for issuance of credit cards: What cardholders should know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/spend/rbi-issues-master-directions-for-issuance-of-credit-cards-what-cardholders-should-know/articleshow/90981453.cms Synopsis For the issuance of credit and debit cards, the Reserve Bank of India (RBI) has issued master directions. Here are some key
*Threat of shrinking forex reserves to amplify only if oil surges past $140 | The Financial Express
Clipped from: https://www.financialexpress.com/economy/threat-of-shrinking-forex-reserves-to-amplify-only-if-oil-surges-past-140/2498485/ Looking ahead, in terms of current account deficit (CAD), we expect the average quarterly level in FY2023 to be modestly higher than H2
*Economy in a bind: The tag of world’s fastest-growing economy is just a small consolation | The Financial Express
lipped from: https://www.financialexpress.com/opinion/economy-in-a-bind-the-tag-of-worlds-fastest-growing-economy-is-just-a-small-consolation/2498320/ Two years of Covid have sapped the economy and, as RBI noted recently, economic activity is recovering but is barely above its pre-pandemic
*GST requires major administrative reforms – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/gst-requires-major-administrative-reforms/article65338944.ece GST Need for administrative reforms | Photo Credit: indiaphotos A mere tweaking of tax rates or slabs will not be of much help.
Signs of a good (and bad) investment advisor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/signs-of-a-good-and-bad-investment-advisor/article65320863.ece Find out if your advisor is actually focussed on your financial well-being or his Indian investors get their investment advice from many sources. Though
*IT employees’ union writes to Centre against Infosys, seeks removal of non-compete clause – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/it-employees-union-writes-to-centre-against-infosys-seeks-removal-of-non-compete-clause/article65338859.ece FILE PHOTO: An employee walks past a signage board in the Infosys campus at the Electronics City IT district in Bangalore, February 28,
*Shortcomings of Online Gaming (Regulation) Bill – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/gavelshortcomings-of-online-gaming-regulation-bill/article65321561.ece Creative background, online casino, in a man’s hand a smartphone with playing cards, roulette and chips, black-gold background. Internet gambling concept. Copy space.
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