Using just wholesale price index as deflator could distort real GDP. Price indices for all inputs and outputs would work better Prior to the introduction
Day: June 27, 2017
Less transparency in economic policy–Business Line–27.06.2017
Finance Ministry and Reserve Bank publications no longer explain in detail, the official view on the economy The monetary policy of June 2017 threw up
Selling online–Business Line–27.06.2017
Booming business Online shopping has become a way of life for over 50 million Indians, a number that is expected to scale to 175 million
Small businesses grapple with GST compliance–Business Line–27.06.2017
Automating the systems seems to be the biggest challenge With less than a week to go for the new indirect tax regime to kick in,
Govt defers TDS, TCS under GST
Date to be notified later; move aimed at giving industry more time to prepare for new regime To help industry, especially e-commerce players, prepare for
Trump warns Modi, India must reduce obstacles to US exports–Financial Express–27.06.2017
Trump’s “America First” slogan echoes Modi’s own “Make in India” campaign. Modi said his economic plan and Trump’s “Make America Great Again” stance “will add
FinMin wants Basel III deadline extended to help banks clean up books
Six of 21 PSU banks under corrective action, need higher capital to improve poor financial health June 27, 2017 Last Updated at 02:24 IST Share
Ways to reduce your risk when bank doesn’t compensate for theft from locker
If you expect your bank to compensate you for losses in case of theft or burglary from your locker, you may be in for a
Ways to reduce your risk when bank doesn’t compensate for theft from locker
If you expect your bank to compensate you for losses in case of theft or burglary from your locker, you may be in for a
GST’s anti-profiteering clause should be reviewed–Business Standard–27.06.2017
Transition to a new indirect tax regime from July 1 is not expected to be easy June 26, 2017 Last Updated at 22:45 IST India’s
The next US recession?–Business Standard–27.06.2017
How the Fed handles the extremely low levels of unemployment will be a big test in the coming years June 26, 2017 Last Updated at
Owner asking regulator to do its job on NPAs: Former RBI governor Y V Reddy
Y V Reddy, former governor, Reserve Bank of India The title of the latest book by former RBI governor Y V Reddy — Advice &
GST: Relief for Amazon and Flipkart as government defers implementation of a provision–Economic Times–27.06.2017
The government has deferred implementation of a provision that required ecommerce players such as Amazon and Flipkart to deduct tax on payments made to their
How the pharma growth story fizzled out
Pharmaceutical exports were supposed to be the next big thing for India, after the global success of its information technology (IT) industry. But, it seems
Scooters capture one-third of two-wheeler market–Business Standard–27.06.2017
Scooters have captured more than one-third of the domestic two-wheeler market for the first time in over a decade. A sustained double-digit growth in scooter
Flipkart claws back market share from Amazon until March 2017: Naspers
India’s largest e-commerce marketplace Flipkart clawed back market share from rival Amazon, showing steady growth in the nine months to March 2017 immediately after which
Huge haircut needed on largest NPAs, says CRISIL
Rating agency CRISIL said the banks in question would need to find an extra Rs 40,000 crore as bad loan provisioning for the 12 big-size
Centre, states will pay GST Network costs
Filing a tax return on the Goods and Services Tax Network (GSTN) portal by an entity will cost Rs 55 a month but the state
Wherever destiny led me, I did my dharma to the best of my abilities: Dr Y V Reddy, former Governor, RBI–Economic Times–27.06.2017
v The publisher was very keen that the sub-title is ‘My life in policy making.’ Then I insisted, it should be ‘public service’ because
