18th February 2K21
Ø RBI issues draft guidelines for CDS, derivative contracts
Ø Oxford Economics ups India growth forecast to 10.2% for 2021
Ø Reserve Bank of India issues directions for housing finance companies
Ø India has one of the world’s most engaged and resilient workforces: Survey
Ø US private equity fund buys major stake in Accolite Digital
Ø India recorded $1422 mn FDI inflow from UK in 2019-20: Grant Thornton report
Ø Cabinet approves economic cooperation pact between India, Mauritius
Ø Sebi eases listing rules for large IPOs, paving way for LIC's mega float
Ø Sri Lanka to re-acquire 99 oil tanks leased to Indian Oil Corp: Minister
Ø Govt approves over Rs 12000 cr manufacturing push for telecom equipment
Ø India emerges as Asia's biggest destination for fintech deals
Ø Pfizer's Covid-19 vaccine supply to the EU 30% below plans: Report
Ø Oil PSUs spent ₹34,000 crore on BS-VI upgrade: Pradhan
Ø JSW Energy to invest ₹11,000 cr in fresh capacity of 1,800 MW
Ø FinMin unearths more than 9,000 fake GSTIN
Ø CITU workers lay siege to BEML Palakkad unit against disinvestment
Ø Amara Raja Batteries announces ₹500-cr capex plan
Ø Dr Reddy’s Labs launches Capecitabine tablets in US market
Ø Adar Poonawalla group firm makes open offer to buy 26% stake in Magma Fincorp
Ø RailTel Corp IPO subscribed 6.65 times on Day 2
Ø JLR unveils strategy to boost parent Tata Motors' valuation
Ø Foreign forex trading platforms are illegal in India
Ø Airtel to acquire 20% stake in Bharti Telemedia from Warburg Pincus
Ø Dish TV India to raise up to Rs1,000 crore
Ø India to be among fastest growing emerging economies in FY22, rating hinges on deficit, debt
Ø Non-food credit growth slips below 6%: RBI data
Ø Govt to infuse Rs 1,500 cr into Exim Bank next fiscal
Ø Airtel sets up special panel to rejig company’s structure
Ø Amazon to make Fire TV sticks in India
Ø Tata Electronics to set up component-making plant in TN
Ø Job prospects look up for freshers: Surve
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⚫The Govt is planning to spend around Rs 7.5 trillion to build oil and gas infrastructure over the next five years. It is our collective duty to work towards clean and green sources of energy and reduce energy dependence, said PM, adding that Govt is sensitive to the concerns of the middle class and thus, India is increasing focus on clean and green sources and ethanol to help farmers and consumers.
⚫The Union Cabinet approved a production linked incentive scheme worth Rs 12,195 crore for telecom equipment manufacturing.
⚫The SEBI eased the listing norms for large companies, apparently paving the way for the much-awaited mega float of LIC of India. It said large companies can now divest a minimum 5% in the IPO, instead of 10%. Further, they will get five years, instead of three, to raise the public float to 25%.
⚫With 276943 more vaccinations across India on Tuesday, the total count of those inoculated reached 8,999,230. The count of recovered coronavirus cases across India, reached 97.33% of total caseload
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👉🏻RBI issues directions for housing finance companies
(RBI came out with a slew of directions related to maintenance of liquidity coverage ratio, risk management, asset classification and loan-to-value ratio, among others, for housing finance companies)
👇🏻 👇🏻 👇🏻
https://bit.ly/3s07Efh
👉🏻KYC Norms for Chartered Accountants
(Mandatory Client KYC forms for Practicing CA's discussed by CA. Vivek Khurana)
👇🏻 👇🏻 👇🏻
https://youtu.be/1Z0lT1B81Po
👉🏻PM reaffirms plan to include natural gas under GST regime
(PM Said, Govt. is committed to bringing natural gas under the ambit of GST, to reduce the cost of natural gas and boost its usage across the country)
👇🏻 👇🏻 👇🏻
https://bit.ly/3qANXu8
👉🏻Taxability of Interest earned on PF contributions
(How is PF Interest Income taxed? discussed by CA. Satuti Mahajan.)
👇🏻 👇🏻 👇🏻
https://youtu.be/zgi5ETWT0-Y
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