From addressing the concerns of MSME sector to further ensuring that the common man should not face harassment from tax authorities, she has almost touched upon all areas related to Indian economy.
FM asserted that despite all the concerns India continues to hold a good position in comparison to the global economic growth.
She has also assured that the government is constantly taking feedback from business community and monitoring the common concerns of the market and two more set of the announcement may come in future as well.
Government has decided that any CSR violation from hereon will not be a criminal offence but a civil liability.
Checking the arbitrary powers of IT sleuths, Income Tax notices, orders and summons are to be issued by centralised computer system on or after October 01, 2019.
To deepen the bond markets or long-term finance in India, it has been proposed to establish an organisation to provide credit enhancement for infrastructure and housing projects.
We are living more and more of our lives online every day.
Banking is certainly following this trend.
In the US, more than 70 percent of people do at least some of their banking online.
More than half of all web traffic now comes from mobile devices, and traffic to financial institutions isn’t far behind.The general consensus is that while the risk is low when it comes to banking, security does depend to some extent on consumers—many of whom don’t do what they should be doing to keep their phones safe from attack.
As a result, experts say, banks could do a better job educating consumers about cybersecurity issues.
The Wall Street Journal invited three experts to discuss these issues: Joseph Carrigan, a senior security engineer at Johns Hopkins University; Emmett Higdon, director of digital banking at Javelin Strategy & Research, a subsidiary of Greenwich Associates; and Peter Wannemacher, a digital banking analyst at consulting firm Forrester Research.Is Mobile Banking Safe?
Next time a friendly bank staff insists on helping you with your money, consider this:
75% of the advice given to customers wasn’t in the clients best interests.
This startling figure comes from a recent review of the financial advice offered from the big four banks by the Australian Securities and Investment Commission (ASIC).
Even more startling: 10% of advice was found to leave investors in an even worse financial position.
Through a “vertically integrated business model”, Commonwealth Bank, National Australia Bank, Westpac, ANZ and AMP offer ‘in house’ financial advice, and collectively, control more than half of Australia’s financial planners.
It’s no surprise ASIC’s review found advisers at these banks favoured financial products that connected to their parent company, with 68% of client’s funds invested in ‘in house’ products as oppose to external products that may have been on the firms list.
As promised back then, she made another intervention today (September 14), where the minister began by highlighting the positive developments in the economy and reporting about the implementation of various measures she had announced earlier.
A slew of measures further announced to give a boost to exports and housing sector.
Out of the 8 core industries, steel sector has been consistently showing growth except for month of July 2019 where a dip in growth has been noted.
The annual fixed investment rate as a percentage of GDP has been 28.2, 28.6 and 29.3 in years 2016-17, 2017-18 and 2018-19 respectively.
India has yet again reached another milestone as far FDI inflow is concerned.
A partial credit guarantee scheme for banks to buy assets of NBFCs has been implemented.
Sachin Dev Duggal Engineer AI is excited about the inclusion of AI in Budget.
Sachin Duggal says, "It’s excellent to hear the announcement from Finance Minister that India will create a National Centre for AI."
Technical Analysis Get Forecast To Stock Market Selling Value On Industry
The markets opened on Monday within Trading Share Market Price Value Nifty for invest 50 indexes creating its initial conceive to cross the 11,600-mark sustainably for the week.
For consecutive 2 days, it appeared the bulls had taken charge because the bully tried to cross this mark sustainably however perceived to be facing resistance.
On Thursday, the day of weekly choice contract ending, we tend to saw indecisiveness within the markets and also the bears appeared robust towards the tip of the week.
In the end, Stock Market Charts Analysis Trading of Strategies on closed below vital damage at 11,500 closings at 11,419.25.
Major declines witnessed for machine Sector followed by Media and personal Banks.
