Banks hoping to escape steep provisions on loans referred to bankruptcy court, apart from the 12 companies that the Reserve Bank of India (RBI) recently
Day: July 26, 2017
Inflation: Why Reserve Bank of India should fix inflation forecasting model now–Economic Times–26.07.2017
When Chief Economic Adviser Arvind Subramanian expressed his angst at the Monetary Policy Committee for not reducing interest rates at its June meeting, he didn’t
Kotak Mahindra Bank: Improving growth in Kotak Mahindra bank’s loan book may enhance investor interest–Economic Times–26.07.2017
Shares of Kotak Mahindra bankBSE -0.42 % (KMB) have been lagging its peers – most expensive private banks in terms of valuation – this year
Getting help for GST: 5 things to keep in mind before choosing a partner or solution–Economic Times–26.07.2017
Goods and Services tax or as our Prime Minister likes to call it ‘Good and Simple tax’ regime has been the center point of conversations
Driving fatigue: Spending more than two hours a day behind the wheel can reduce your IQ–Economic Times–26.07.2017
Researchers studying how sedentary behaviour affects brainpower found IQ scores fell faster in middle-aged people who drove long distances daily. Driving for over two hours
Internet shutdowns anti-productive for India’s cashless economy: Internet Society–Economic Times–26.07.2017
US-headquartered Internet Society has said Internet lockdowns are counterproductive for a country like India which is pushing for a less-cash economy. This year till end
Hero MotoCorp Q1 Result: Hero MotoCorp Q1 net profit rises 3.50% YoY to Rs 914 crore–Economic Times–26.07.2017
Two-wheeler major Hero MotoCorp on Tuesday posted 3.50 per cent rise in net profit at Rs 914.04 crore for the quarter ended June 30, 2017
Asian Paints Q1 Result: Asian Paints Q1 net profit slips 20% YoY to Rs 441 crore–Economic Times–26.07.2017
Paint manufacturer Asian PaintsBSE -0.35 % on Tuesday reported 20.23 per cent year-on-year fall in consolidated net profit at Rs 440.74 crore for the quarter
Axis Bank Q1 net falls 16% – The Financial Express–26.07.2017
Axis Bank on Tuesday reported a 16% decline in year-on-year net profit to Rs 1,305.60 crore, hurt by higher provisions for bad loans and lower
Over 6.83 L companies have PAN but did not file I-T returns: Minister of State for Finance Santosh Kumar Gangwar – The Financial Express–26.07.2017
Over 6.83 lakh companies have permanent account number (PAN) but did not file income tax returns for assessment year 2016-17, Parliament was informed today. The
Bad loans crisis: How to rescue public sector banks – The Financial Express–26.07.2017
On Sunday, November 23, 2008, the United States government, acting in concert with the Board of Governors of the Federal Reserve System and the Federal
How cheaper imports trumped Indian wheat; will it affect country’s wheat security; know here – The Financial Express–26.07.2017
Will India remain a long-term wheat importer? Is nation’s wheat security exposed to risk? Will the government intervene to curb or stop import? Should the
Do rising imports reflect demand revival? | Business Standard News–26.07.2017
Imports continued to rise at a robust pace for the 10th month in June, fuelling hope among some experts that industrial demand was back on
Essar case: RBI wins but bruises remain | Business Standard Column–26.07.2017
The Gujarat High Court’s decision to dismiss Essar Steel’s petition challenging the initiation of bankruptcy proceedings against the company came as a huge relief to
Gush of liquidity: 5 factors that helped Nifty cross 10,000 | Business Standard News–26.07.2017
Here are five reasons that have triggered the recent rally: Sharp rally in index heavyweights: The Nifty50 rally, in most part, has been fuelled by
All petitions should be clubbed under insolvency code, Era Infra tells NCLT | Business Standard News–26.07.2017
Era Infra Engineering on Tuesday argued that all winding up petitions against the company being heard in courts under the Companies Act be clubbed under
Personal loans made easy via ATMs and apps: How it works | Business Standard News–26.07.2017
It’s not just large private sector banks that are offering instant loans to their customers through ATMs or via online bank accounts. Financial technology start-ups
Hidden value–PSBs | Business Line–26.07.2017
As the RBI, the banks and the new Bankruptcy Board double down to the task of resolving the bad loan imbroglio, one thing is becoming
[ Changing of Calender Year ] Govt in a hurry | Business Line–26.07.2017
It commenced with an operation to cleanse Black Money that is still ongoing under different names. It continued with merging the Railway Budget with the
A case of double standards | Business Line–26.07.2017
A recent Crisil research report has said that the top 50 stressed assets, which account for over half the total NPAs of ₹8 lakh crore,
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