ENS ECONOMIC BUREAU

Core inflation has risen from about 4% in March to 5.87% in July.

Developers of such projects may also pass on the benefits of such time extensions to other stakeholders down the value chain, according to the notification.

“To leverage these trends and harness them for productive purposes, we need to move beyond knee-jerk responses and draw up a long-term strategy with a time-bound plan for implementation,” Naik said.

The panel which recommended that the report be renamed the Business Responsibility and Sustainability Report (BRSR) recommended that the 1,000 largest listed companies file a comprehensive BRSR with smaller unlisted companies needing to file a “lite” version of the report.

The power to appoint independent directors to public sector enterprises rests with the government.

In a detailed article, the company had written that they had downloaded the source code of the app within a few minutes and that the involvement of private companies was a threat to the data of Aarogya Setu users.

Noting that private investment is low, she also said that the government is working towards encouraging more private investment needed for capital formation.

Net asset values (NAVs) of gold mutual funds (MFs) also fell by up to 7 per cent following the fall in spot and futures prices. Indian MFs have Rs 12,940 crore of assets under management in gold ETFs.

The tax department said it has found evidence of foreign hawala deals involving Hong Kong and US dollars.

An AIF refers to any fund established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated investors, whether Indian or foreign, for investing in accordance with a defined investment policy for the benefit of its investors.

Banks are at most risk of being hit by the pandemic as economic contraction reduced corporate earnings and individual incomes.

Manufacturing sector, which has a weight of 77.6 per cent in IIP, contracted by 17.1 per cent in June.

The issue at stake is that if spectrum belongs to government and is given to the telecom operators on lease can it be put up for monetisation as part of the resolution plan.

The claims filed through the app saw a 180% rise from the 3.97 lakh claims filed through the app during the pre-Covid-19 period of December-March 2020.

The project, funded by Universal Service Obligation Fund (USOF), was started late in 2018, and aimed to connect seven island in the Andaman group, apart from the capital Port Blair, with high speed broadband.

Despite a 7.5% rise in the Nifty index in July, equity mutual fund schemes saw an outflow of Rs 2,480 crore.

The board of directors of InterGlobe Aviation Limited at its meeting on August 10, 2020 has considered and approved the raising of funds for an aggregate amount not exceeding Rs 4,000 crore through an issue of equity shares by way of a qualified institutions placement.

Q1FY21 results were marked by severe disruptions to the supply chain as also demand, with much of India locked down for most of the time.

total limit for such transactions on an instrument has been set at Rs 2,000 at any point of time for the pilot scheme.

Finance Minister Nirmala Sitharaman said 37 more applications seeking financing of up to Rs 11,037 crore are under process.

The future expectations index charted back into the positive territory, indicating signs of recovery for the year ahead, the survey said.

“Mobility recovery is clearly dependent on the public health situation in any given area,” Khosrowshahi said addressing investors on the company’s Q2 2020 earnings call.

Diwakar Gupta, former MD and CFO of State Bank of India, will become a member, effective September 1, after the completion of his term as vice-president, ADB. T

The government also plans to introduce faceless appeals, Sitharaman said, adding the technology will help the taxpayers in seeing information in pre-filled form, which will help in building a relationship based on trust on the tax assessees. “

Reserve Bank of India (RBI) data released on Friday shows that in the week ended July 31, the foreign currency assets expanded by $10.3 billion to $490.8 billion. Even the gold reserves were up by $1.5 billion to $37.6 billion.