Central Govt. allows Hospitals/Medical facilities etc providing Covid treatment to patients to receive cash payments of Rs. 2 lakh or more through granting relief in section 269ST.
Relaxation granted for the period 01.04.2021 to 31.05.2021, after obtaining PAN or AADHAAR of patient & the payer.
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⚫Investors in India’s equity market are underestimating the economic impact from the worst coronavirus outbreak, which will delay any recovery and could trigger a “correction".
⚫DII's, including mutual funds and insurers, poured a net $1.5 billion into stocks in April, helping offset a similar outflow from foreign funds.
⚫The RBI came out with modified guidelines that allow sound private sector banks which are not under the PCA framework of the RBI, can undertake govt business after executing an agreement.
⚫India sees decline in daily cases with 329,517 infections.
⚫India administered 170 million Covid-19 vaccine doses.
⚫WHO termed the rate of infections and deaths in India as "worrying" and called on Govts to boost exercises on reporting actual numbers.
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11th May 2K21
Ø Crisil flags off downside risks to its FY'22 growth forecast after the second wave
Ø Government eases procurement norms, bank guarantees for oxygen, Covid-19 supplies
Ø Rupee levels too crucial for inflation management: Report
Ø Reliance, affiliates buy 3/4 of KG-D6 gas volumes
Ø Total vehicle registration in India slips 30 per cent to 1,52,71,519 units in 2020-21: FADA
Ø NITI Aayog calls for strengthening payment infrastructure
Ø Implementation of Labour Codes may be pushed to next year
Ø RBI modifies norms for undertaking govt business by private banks
Ø Relief to only postpone financial stress from India's Covid surge: Fitch
Ø PNB to raise equity capital from share sale; sets floor price at Rs 35.51
Ø Debt MFs see Rs 84,202-cr outflow in Q4 on redemption from liquid funds
Ø JPMorgan, Deutsche Bank among firms sued by 1MDB over $23-bn loss
Ø HDFC to sell 0.62% stake in HDFC ERGO for Rs 236 cr
Ø Approval for Vivimed to manufacture Favipiravir tablets
Ø Blackstone Real Estate acquires Embassy Industrial Parks in $700-m deal
Ø BharatPe raises ₹50 crore in debt from Northern Arc Capital
Ø India Inc’s overseas borrowing touches $9.23 billion, a two year high in March
Ø ‘Steps taken to boost supply of Covid drugs across States/UTs’
Ø Oil gains after cyberattack forces shutdown of US fuel pipelines
Ø Economic activity down in April, May but shock less severe than 2020: Fitch
Ø Sebi’s skin-in-the-game directive could misfire
Ø JSW Hydro raises $750 mn in first offshore bond issuance
Ø Iron ore turns ‘very hot’ as 10% surge adds to commodities boom
Ø SBI Card raises ₹455 crore by issuing bonds
Ø RBI amends KYC norms to further leverage video-based customer identification process
Ø Outpouring of support from US for India, COVID-19 help touches USD half a billion
Ø Greenply Industries to set up Rs 75-cr plant in UP
Ø India's Sugar Exports On Good Course; Contracts Over 50 Lakh Tonnes So Far
Ø IndiGo Board Gives Green Signal to Raise Rs 3,000 Cr Via QIP
Ø RBI Appoints Jose J Kattoor As Executive Director
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👉 Extension in the last date of receipt of Application for Recruitment for the Post of Driver in NFRA on Deputation/ Re-employment Pdf (3.25 MB)
http://www.mca.gov.in/Ministry/pdf/ExtensionNoticeNFRA_07052021.pdf
👉 Announcement regarding Clarification regarding gap between two board meetings under section 173 of the Companies Act, 2013 by CL&CGC ICAI - (04-05-2021)
https://www.icai.org/post/clarification-regarding-gap-between-two-board-meetings-under-section-173
👉 Announcement regarding Relaxation on levy of additional fees in filing of certain Forms under the Companies Act, 2013 and LLP Act, 2008 by CL&CGC ICAI - (04-05-2021)
https://www.icai.org/post/relaxation-on-levy-of-additional-fees-in-filing-of-certain-forms
👉 Questionnaire for Members on the Accounting Process Outsourcing Services from abroad - (05-05-2021)
https://www.icai.org/post/questionnaire-for-members-on-the-accounting-process
👉 Result of the online Examination of the Certificate Course on Forex and Treasury Management held on 17th & 18th April,2021. - (06-05-2021)
https://www.icai.org/category/announcements
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