Akshay Mehrotra, co-founder of Pune-based EarlySalary, likes to share one of his favorite stories about how his one-year old mobile-based fintech startup recently rejected an
Day: July 12, 2017
Loans to MSMEs a means to prop up the sluggish bank credit growth: RBI deputy governor SS Mundra–Economic Times–12.07.2017
Reserve Bank of India deputy governor SS Mundra on Wednesday said loans to micro, small and medium enterprises (MSMEs) should not be seen as a
Why bank lockers are better than home safes–Economic Times–12.07.2017
Even though banks don’t take responsibility, your valuables are safer in a locker than at home. Your valuables are not safe, even in a bank
You asked for it, so the Bankruptcy Code is here to stay–Economic Times–12.07.2017
During the days of corporate debt restructuring (CDR), numerous borrowers and their advisors pleaded that “in the absence of Chapter 11” , they have no
Procurement from GeM portal to save taxpayers’ money, says Nirmala Sitharaman–Financial Express–12.07.2017
The central and state governments procure goods and services worth over Rs 5 lakh crore annually, she said. (Express Photo) Use of government’s e-market
GST impact on companies: Gloom and doom vanishes, India Inc at ease–Financial Express–12.07.2017
Grouses over the compliance burden that the new tax has imposed on small businesses are fast disappearing except for the cavils of those not wanting
Maharashtra farm crisis: Here is why it is crucial to make farmers market ready–Financial Express–12.07.2017
History repeats itself, and does so when it is least expected. In 1979, Maharashtra saw its first farmer movement, led by Sharad Joshi in an
GST launch should pave way for repo rate cut–Business Standard–12.07.2017
In the meeting held on June 7, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided not to cut the repo
An employment crisis–Business Standard–12.07.2017
Concern has consistently been expressed that the Narendra Modi-led central government has not done enough to ensure that employment is expanding. This is perhaps the
India’s consumer inflation may cool to record-low in June, prompt rate cut–Business Standard–12.07.2017
India’s consumer inflation is expected to have slowed to a record-low in June, pressured by a sharp drop in food and oil prices, a Reuters
The demand for loan waivers is because agriculture today isn’t viable…we have to address this’–Harsh Kumar Bhanwala, CMD–NABARD–Business Standard–12.07.2017
The National Bank for Agriculture and Rural Development (Nabard) will propose setting up of an agriculture market infrastructure fund, to ensure a better return on
Rise in non-performing assets only a blip for IndusInd Bank–Business Standard–12.07.2017
IndusInd Bank met the Street’s expectations when it reported a 26 per cent growth in its June quarter (Q1) net profit at Rs 837 crore.
Investment tips: Here’s how you can reduce tax outgo by setting off losses–Business Line–12.07.2017
No one likes making losses on their investments. It defeats the whole purpose of investing to earn a return. But there are circumstances when asset
Porter wins small business clients with on-demand logistics, lower costs
By all indications, the recently-introduced Goods and Services Tax is expected to benefit the logistics sector, with rating agency ICRA expecting it to grow 9-10
Paytm will be bigger than a traditional bank, says Vijay Shekhar Sharma–Business Line–12.07.2017
Paytm’s payments bank expects to hit 500 million CASA accounts by 2020, more than double their current count of 200 million wallet users who’ve been
‘95% start-ups fail but 100% entrepreneurs succeed’ | Business Line–12.07.2017
Ninety-five per cent of start-ups fail; however, entrepreneurs must take heart because 100 per cent of entrepreneurs succeed, believes K Vaitheeswaran, known as the
aniltikotekar4sme.com 