Rupee, Indian Rupee, Indian currency

Economic policy tradecraft cannot be executed with inferiority complex that constantly requires divisive religio-cultural and ethnic grievances to be sated

The darkness of trivialisation

Business Standard

Compared to the wholesale price index-based inflation rate of 13.1 per cent in India, the EU’s producer price index-based inflation was 30.6 per cent

inflation, shopping, economy

Central banks are incapable of dealing with the political and economic outcomes of inflation, and the sooner this is recognised, the less dangerous the consequences will be going forward

Inflation and its discontents

Economic stagnation is the advance payment for polarisation, which extracts a terrible price

Fraternity, prosperity and polarisation

Budget reflects the limitations of a fiscally-strapped government. Increases in capital outlays have matched decreases in public sector capex

The macro-fiscal question

Policymakers must be wary of using frameworks tailored by rich countries to address rich country problems when crafting India's inflation-control strategy

Conflict and inflation: Indian realities

There is little appetite for reforming multilateral development banks among rich countries, but three emerging economy presidencies of the G20 in succession offer hope

No reform without change

Carbonisation is driven by consumption. The more we consume, the more carbon is generated. But by design, CoPs are consumption blind

Masked power play: CoPs are places for grandstanding and inane statements

The pandemic has increased the global extreme poverty rate from an estimated 8.4 per cent in 2019 to 9.3 per cent in 2020. But the rich country ecosystem is noticeably silent on this

The crises we choose: Global recession, war or energy?

G20 member countries, including India and the US, are holding consultations to arrive at a common framework to define startups with a view to promoting the growth of new ventures, a senior official said.
This issue among others would come up for discussion during the Startup20 Engagement Group's, under India's G20 presidency, third meeting on June 3-4 in Goa.
A common framework would help investors and other stakeholders of the startup ecosystem in the G20 member countries.
Briefing media about these meetings, Startup20 India Chair and Mission Director Atal Innovation Mission, Niti Aayog Chintan Vaishnav said that there are five task forces under this group - foundation, alliances, finance, inclusion, and sustainability.
The idea of the foundation is to come up with a startup definition framework which is applicable across different economies. When you talk about the global startup ecosystems coming together, working together, becoming interoperable, you realize that there are no .

Press Trust of India

New Delhi [India], May 29: Tavvai (transl. Goddess of Misfortune) is an upcoming Hindu mythological film based on "Pitra Dosh". The film is written by Ramesh Arreja, and directed by Nirbhay Jariwala  &amp;  Jayesh Vrushiraj. The film is produced by Jay  &amp;  Sha Motion Pictures  &amp;  Book Basket along with Aniket Jasani, and Kalpesh Vaghasiya. The star cast of the film includes veteran actors like Manoj Joshi and the Bhola fame Arpit Ranka.

\"TAVVAI\" : A Mythological tale of Misfortune and Redemption!!!!!

ANI Press Release

Mumbai (Maharashtra) [India], May 29: In the dynamic realm of start-ups, where dreams soar and innovation knows no limits, there exists a towering presence that illuminates the path to entrepreneurial triumph - Mentopreneur, a premier brand consultancy firm in India, dedicated to empowering founders and start-ups in their extraordinary journey towards success.

Fuelling Start-up Success: Neel Shah\'s Mentopreneur Leads the Way in Strategic Brand Building

Torrent Power on Monday reported Rs 483.93 crore consolidated net profit in the March 2023 quarter, mainly on the back of higher revenues.
The company had reported a consolidated net loss of Rs 487.37 crore in the quarter ended March 2022, a BSE filing showed.
Its total income rose to 6,133.70 crore in the quarter from Rs 3,840.59 crore in the year-ago period.
The consolidated net profit in the fiscal 2022-23 rose to Rs 2,164.67 crore from Rs 458.70 crore in the previous fiscal.
Its total income in the fiscal increased to Rs 26,075.97 crore against Rs 14,492.65 crore in 2021-22.
The board has recommended a final dividend of Rs 4 per equity share for 2022-23. This final dividend along with an interim dividend of Rs 22.00 per equity share works out to a total dividend of Rs 26.00 per equity share (including Rs 13.00 per equity share as a special dividend) for the 2022-23.
The final dividend, if declared by the members at the ensuing AGM will be paid to the members, subject to deduc

The combined net profit of 20 cyclical companies in the index is expected to grow by 38.8 per cent YoY to Rs 1.01 trillion

q4 earnings, companies results

Palakkad (Kerala) [India], May 29: SOBHA, under the aegis of Sri Kurumba Educational and Charitable Trust, organized a foundation laying ceremony for one hundred houses being constructed for families below poverty line in Kizhakkenchery Panchayath, Palakkad district, Kerala. Plans are afoot to construct one thousand houses over the next four years to build homes for the less fortunate families in the district. One hundred houses are being constructed in the first phase. In an event organized in Kizhakkenchery, keys to the ten completed houses were handed over to the beneficiary families and six living quarters were handed over to young mothers and their children. Under the social pension scheme, pension was allotted for fifty rural widows. Also, ninety girl children from underprivileged families were inducted into The SOBHA Academy.

One thousand houses for below poverty line families to be built as part of SOBHA Community Home Project

Gaps in governance of certain banks has potential to cause some degree of volatility, he says

RBI, SHAKTIKANTA DAS, RESERVE BANK OF INDIA

The company owns 33% stake in GoAir Airlines Ltd, which operates "Go First" airline, while the rest is held by unlisted holding companies of the Wadia group

goair

The report also added that certain capital market players and foreign exchange dealers are also required to file the annual report

tax, taxes, taxation, tax evasion, I-T raids, Income tax

Stock Market Live on May 29, 2023: Asian markets climbed higher after the US striked a tentative debt deal. Nikkei led gains, rising 2%. Hang Seng, Strait times, S&P/ASX 200 and Kospi rose 0.2-1%

sensex, BSE

Foreign money plays a crucial role in start-up funding in India

US dollar

Even as India strives to climb the development mountain, the fact is that the mountaintop is already crowded. If it got there in 2047, India would be very much a late-comer, notes T N Ninan

Development, economy

Total expenses rose 5.4% due to a sharp rise in input costs led by raw materials that had gone up 23.9% year-on-year

Bhel

Reuters

Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, surged 1.4% last month, the Commerce Department said on Friday

US flag, US, united states

Auto component major Samvardhana Motherson International on Friday said its consolidated net profit surged over five-fold to Rs 654 crore for the fourth quarter ended March 2023, aided by robust sales.
The company reported a net profit of Rs 122 crore in the January-March quarter of 2021-22.
Its total revenue from operations rose to Rs 22,477 crore in the fourth quarter compared to Rs 17,241 crore in the year-ago period.
For the year ended March 31, 2023, the company said its net profit rose to Rs 1,496 crore against Rs 874 crore in FY22.
The total revenue from operations increased to Rs 78,701 crore last fiscal compared to Rs 63,774 crore in 2021-22.
"With the support of our customers and the hard work of our teams, the company has ended the year with strong performance," Motherson Chairman Vivek Chaand Sehgal said.
The robust booked business of nearly USD 70 billion is a reflection of customer trust in Motherson, he added.
The company said its board recommended a dividend of R

KV Kamath

Veteran banker K V Kamath on Friday said there is a need to correct "compliance burdens" for businesses in the country and also reduce litigations.
Kamath, who now chairs the government-promoted National Bank for Financing Infrastructure and Development (NaBFID), said that the government needs to reduce the litigation and concerns on tax laws at a greater speed.
"...the level of compliances and compliance burden that needs to be corrected," he said addressing an event organised by industry body Ficci here.
He later elaborated that the government itself has identified issues on the compliances front when it spoke about simplification of various procedures for businesses.
When asked if it is impacting investor confidence, Kamath replied in negative, reasoning that the investor class will come wherever it sees value.
Kamath said the foreign direct investment (FDI) flows have been impacted by the overall global sentiment where volatilities are leading to a deferment of decisions, and 

India has worked hard to earn a sweet spot on Kashmir. But full statehood remains to be restored as we approach the fourth anniversary of the abrogation of Article 370

G20 Kashmir

A rotating chief ministership as a way to appease factions can work only if there is a credible guarantor

DK Shivakumar, Karnataka elections

Over the past year, India has in various meetings pointed out the flaws in methods used to compile global indices used by institutions like the World Bank, WEF and UNDP, Sanyal said

Sanjeev Sanyal, Principal economic, advisor

If your distributor suggests moving from a low- to a high-cost fund, question the rationale of the move

Rathin Roy

The darkness of trivialisation

Inflation and its discontents

Fraternity, prosperity and polarisation

The macro-fiscal question

Conflict and inflation: Indian realities

No reform without change

Masked power play: CoPs are places for grandstanding and inane statements

The crises we choose: Global recession, war or energy?

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G20 countries to discuss common framework to define startups: Official

"TAVVAI" : A Mythological tale of Misfortune and Redemption!!!!!

Fuelling Start-up Success: Neel Shah's Mentopreneur Leads the Way in Strategic Brand Building

Torrent Power posts Rs 484 cr Q4 net profit in, income grows to 6,133.70 cr

One thousand houses for below poverty line families to be built as part of SOBHA Community Home Project

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