News

research
  • 6 Nov
  • 2023

"Early-stage hearing of defaulters better, commercial banks tell RBI"

"Commercial banks have told the Reserve Bank of India they would prefer giving defaulting borrowers an "in-person hearing" at the time they identify an account as stressed than at the last stage before classifying the borrower as a wilful defaulter, said people aware of the matter"

research
  • 8 Oct
  • 2023

"GST Council Meet: GST rate on millet-based products slashed to 5%"

"The fitment committee of the GST Council had earlier recommended the exemption on powdered millet. The committee had refused to give any incentive for prepared produce made out of millet."

research
  • 6 Oct
  • 2023

"Monetary policy: RBI leaves inflation projection for FY24 unchanged at 5.4%, but price pain remains major risk"

"India’s central bank today left its inflation forecast for this fiscal year unchanged at 5.4%, despite uneven monsoon showers and as outlook on food prices remain on edge amid a spike in global crude oil prices"

research
  • 1 Oct
  • 2023

Thousands of taxpayers get GST notices for FY18

Tax experts said this would lead to an increase in litigation over the next three months while hitting cash flows of companies as they would be required to furnish 10% of the total liability as a deposit for filing an appeal.


research
  • 30 Sep
  • 2023

"BRICS competition regulators to focus on large digital companies"

Competition authorities of the BRICS grouping will huddle next month to deliberate on regulating large digital players, among other issues, with India playing host after a gap of ten years, a person aware of the details said.

research
  • 26 Sep
  • 2023

"Govt begins preparations for November G20 virtual summit"

The Prime Minister's Office has instructed all working groups formed for the G20 outcomes to submit monthly progress reports. Preparations have commenced for the virtual summit proposed by Prime Minister Narendra Modi, which is expected to occur in November.

research
  • 24 Sep
  • 2023

"Apple AI chief shows new private browser search at Google trial"

"The iOS 17, released Monday, added “a second setting, so you could choose two different” search engines, Giannandrea said in testimony in federal court in Washington as part of the Justice Department's antitrust suit against Alphabet Inc.'s Google.

research
  • 23 Sep
  • 2023

"Micron chip plant a big milestone: MoS IT Rajeev Chandrasekhar"

It is a “decadal opportunity” that will also see growth and investment in the complex supply chain needed to support a semiconductor ecosystem, he added, and India is globally becoming a trusted partner."