Financial Express Mumbai - August 18, 2022
Financial Express Mumbai - August 18, 2022
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In this issue
August 18, 2022
Boom time for co-working firms
NEW TECH FIRMS PREFER FLEXIBLE SPACE
3 mins
Windfall tax to be cut, decision soon
THE CENTRE SET to cut windfall taxes on locally-produced crude and exports of diesel further, taking into account the recent decline in global crude prices and refining spreads. The third review of the new taxes, imposed since July 1, is expected soon, sources told FE. The tax was slapped to rein in inflation and ensure adequate availability of the transport fuels in the local market.
2 mins
Sensex scales 60k after four months
BULLISH ON SUSTAINED FPI INFLOWS
2 mins
Low or zero MDR? RBI asks
Says more effective to subsidise costs for payments via UPI
3 mins
EU to flag India's ‘unfair buy national' practice in FTA talk
THE EU WANTS India to stop what it calls "discriminatory 'buy national' practices", including some relating to the Make in India and Atmanirbhar Bharat initiatives. A text endorsed by EU Parliament last month claimed that the 'buy national' practices discourage imports and "significantly affect market access for EU firms".
2 mins
Govt clears ₹34,856 cr more for farm loan interest scheme
BANKS TO CONTINUE OFFERING LOANS OF UP TO ₹3 LAKH
2 mins
Guaranteed loan scheme coverage widened by ₹50k cr
Additional credit limit to be used for lending only to hospitality and related enterprises
1 min
New tax regulations for charitable trusts to add to compliance burden
THE CENTRE'S NEW rules mandating charitable trusts to furnish wide-ranging personal details, maintenance of books of accounts and other documents for availing of income tax exemptions is aimed at curbing tax evasion, but they have also cast an onerous compliance burden on the genuine ones.
2 mins
Godrej Consumer may cut prices this festive season
INPUT PRICES COOLING DOWN, SAYS FMCG FIRM
2 mins
Data and storage are two sides of the same coin
INTERVIEW: JAGANATHAN CHELLIAH, Senior Director - Marketing, India, ME & TIA (Turkey, Israel & Africa), Western Digital
3 mins
Financial Express Mumbai Newspaper Description:
Publisher: The Indian Express Ltd.
Category: Newspaper
Language: English
Frequency: Daily
The Financial Express brings the latest and breaking business news from Markets and Industries in India.
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