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18/04/2022

My interview on Websiteplanet.com



https://www.websiteplanet.com/blog/hirekhan-interview/

This week, we had the opportunity to speak with Anim Akhtar Ali Khan, the CEO at American Business Association Inc. We discussed his socio-economic im

07/04/2022

https://www.moneycontrol.com/news/business/markets/mc-interview-rbi-may-raise-repo-rate-by-50-bps-in-second-half-says-unmesh-kulkarni-of-julius-baer-india-8328461.html

While companies more vulnerable to input cost pressures have been gradually taking price hikes, the entire pass-through may happen with a lag in the current weak demand environment. The margin pressure could possibly be visible for a couple of quarters

07/04/2022

Our dependence on foreign capital flows has demonstrably reduced over time and I think if it remains like this, then Indian markets should become less volatile compared to what we have experienced in the past. And that lower volatility could actually encourage even higher allocation towards equities from household savings and that I think will be a win-win for everyone,” says Prashant Jain, CIO, HDFC AMC.

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“A silent transition has taken place in India and equities which were a peripheral or seasonal trading asset class two decades back, today have become more core, more long term, more centre of the plate kind of an asset class – be it through direct investments or through mutual funds or insuranc...

07/04/2022

https://economictimes.indiatimes.com/wealth/legal/will/6-situations-in-which-you-and-your-children-lose-legal-right-to-inherit-a-property/articleshow/90656781.cms

As per the Hindu Succession Act, if a Hindu Male dies intestate (i.e. without having a will), then class-I legal heirs will have first right over the assets including property. However, there are six situations where an individual and his/her children lose their legal right over the assets such as b...

07/04/2022

All 24 members of the Andhra Pradesh Council of Ministers will tender their resignation en masse when they formally meet here for the last time on April 7, to let Chief Minister Y S Jagan Mohan Reddy reconstitute his Cabinet. The new Council of Ministers will be inducted on April 11.

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​​​While the reconstituted Cabinet will have new faces, at least four from the incumbent team may be re-inducted, government sources said.

07/04/2022

The TMC on Thursday slammed Union Home Minister Amit Shah for his remarks on the law and order situation in West Bengal and said that the party doesn't need lessons from him. Speaking on the Criminal Procedure (Identification) Bill at Rajya Sabha on Wednesday, Shah had recalled that he was attacked with firebombs in Bengal during his campaigns for 2019 Lok Sabha polls.

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Speaking on the Criminal Procedure (Identification) Bill at Rajya Sabha on Wednesday, Shah had recalled that he was attacked with firebombs in Bengal during his campaigns for 2019 Lok Sabha polls.

07/04/2022

NEW DELHI: YES Bank shares surged nearly 17 per cent on Wednesday, taking their 4-day rally to 23.4 per cent. Technical analysts are however mixed on the stock prospects.

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While some believe the stock needs to take out Rs 15.20-15.50 levels soon, before seeing any further upside, others said a move towards Rs 16 or even Rs 20 is likely.

07/04/2022

The open public digital infrastructure framework, the Open Network for Digital Commerce (ONDC), is all set to launch its beta version in April.

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The beta mode for ONDC would be completed by the end of April and the launch is expected to be done by August.

07/04/2022

The Delhi High Court Wednesday asked the RBI to file a status report on the steps taken for implementation of a committee's report to look into the issue of online lending platforms offering short-term personal loans at exorbitant interest rates through mobile apps.

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The court was hearing the petition filed by Telangana-based Dharanidhar Karimojji, who works as a freelancer in digital marketing, claiming there are more than 300 mobile applications that provide instant loans ranging from Rs 1,500 to Rs 30,000 for 7 to 15 day periods.

07/04/2022

Hemant Kanoria, founder of bankrupt companies Srei Infrastructure Finance and Srei Equipment Finance, has made a last ditch attempt to stop lenders from acting on the report of KPMG, the consultant which was hired by lead bankers to carry out a forensic audit of the two companies.

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Even though Kanoria had moved the court challenging the report, he has appealed to Reserve Bank of India (RBI) governor Shaktikanta Das to advise regulatory officials and banks “not to give effect or any precedence and/or take any action in respect of the said report…” According to banking cir...

07/04/2022

In one of the biggest bond sales to date by an Indian lender, HDFC Bank will decide later this month on garnering about ₹50,000 crore to help meet higher reserve requirements ahead of its proposed merger with HDFC Ltd.

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The estimated requirement was more than ₹80,000 crore and the bank, India's most valued, already has some excess bonds in its portfolio, dealers said.

07/04/2022

A utility owned by India's richest state Maharashtra is reviewing four bids received in a tender to supply two million tonnes of imported coal and expects to finalise details next month, it told Reuters on Thursday.

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https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/maharashtra-reviewing-bids-in-large-coal-import-tender/articleshow/90704974.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst