Mint Mumbai - January 23, 2023
Mint Mumbai - January 23, 2023
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In this issue
January 23, 2023
RBI to appeal HC order on Yes Bank AT-1 bonds
Bombay high court ruling could have a huge sectoral impact
2 mins
IT, Startups May Cut Up To 20,000 Jobs In Next 6 Months
India's IT and startup sectors may lay off 15,000 to 20,000 employees in the next six months, battling slowing demand after the hiring frenzy of the last two years inflated salary costs.
2 mins
Govt may announce universal enterprise IDs for small firms
The Union government is working on a Universal Enterprise ID system to help strengthen the credit ratings of small enterprises that serve as the engines of the Indian economy, an internal document showed.
2 mins
Das to visit UAE for rupee-dirham deal
Reserve Bank of India governor Shaktikanta Das will visit the United Arab Emirates at the end of this month to thrash out a rupee-dirham trade settlement system with his UAE central bank counterpart Khaled Mohammed Balama.
2 mins
Uniform GST audits for easier compliance scrutiny on cards
Move to be implemented later this year after GST Council approves the new audit manual
2 mins
Centre widens beneficiary base of AB PM-JAY to 120 million families
The Union government has widened the base of beneficiaries under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) from the current 107.4 million poor and vulnerable families to 120 million in an effort to provide quality affordable healthcare to more citizens, said a person familiar with the matter.
2 mins
FPIs pull out ₹15,236 crore from equities in Jan as China reopens
Foreign investors pulled out a net amount of ₹15,236 crore this month so far on attractive Chinese markets and concerns about the US economy entering a recession. However, foreign portfolio investors (FPIs) have turned buyers in the last four trading sessions.
1 min
Amid margin recovery, steep valuation a sore point for JSW Steel
JSW Steel Ltd's shares have gained almost 43% from their 52-week lows seen in May. Many analysts reckon valuations are currently pricey.
1 min
'We want to maximize HNI, retail interest in Adani FPO'
Adani group has been running investor outreach programmes for 3 years, says group CFO
3 mins
Sri Lanka says China willing to restructuring plan back debt
China has indicated that it is willing to support the debt recast plan for Sri Lanka, a move that will bring the nation closer to the $2.9 billion loan from the International Monetary Fund.
1 min
Germany and France outline a new Europe that's under threat
Germany and France renewed calls for a more closely aligned Europe to counter the imperialist ambitions of Russian President Vladimir Putin and to bolster the democratic values that underpin the EU.
1 min
US Fed sets course for milder interest-rate rise in February
Federal Reserve officials could begin weighing whether and when to pause interest rate increases this spring
5 mins
How Europe needs freight trains to cross Russia from China
Giving Ukraine modern tanks remains a key question facing Kyiv's allies after a meeting of top defence officials in Germany on Friday yielded little progress. But perhaps the most exposed link in supply chains for producing such weapons runs on train tracks through the foe they're trying to defeat.
3 mins
India out of FIH Men's Hockey WC after losing to NZ
India crashed out of the FIH Men's Hockey World Cup after losing 4-5 via penalty shootout to lower-ranked New Zealand following a 3-3 stalemate after the regulation time in a crossover match Odisha's Bhubaneswar on Sunday.
1 min
Don't expect much from insolvency code tweaks
The IBC does need fixing but process efficiency would be served better by human capacity expansion than a raft of proposed changes which include two that could hamper its efficacy
2 mins
Jacinda Ardern has given the world a big lesson in humility
Her leadership showed bravado is not necessary to run a country
3 mins
Mint Mumbai Newspaper Description:
Publisher: HT Digital Streams Ltd.
Category: Newspaper
Language: English
Frequency: Daily
The business newspaper “Mint” published by one of the leading media houses of India, Hindustan Times, in association with Wall Street Journal. It aims to connect India to the world and the world to India in terms of business, economy, regulation and policies...
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