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
Month: July 2017
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,
All you wanted to know about…consent orders | Business Line–26.07.2017
The spotlight was on the ‘consent order’ mechanism recently when the country’s largest bourse, the NSE, offered to settle the colocation imbroglio through this route.
Reddy-made central banking | Business Line–26.07.2017
The much-awaited autobiography of YV Reddy, RBI Governor between 2003 and 2008, should be made mandatory reading for all those who work in senior capacities
I-T department probing 30,000 cases where ITRs were revised after demonetisation: CBDT–Economic Times–25.07.2017
The Income Tax department is probing over 30,000 cases of alleged tax evasion wherein the returns (ITRs) were revised by assessees post demonetisation, CBDT chief
Tax base widens to 6.26 cr in 2016-17: CBDT–Economic Times–25.07.2017
Income taxpayer base moved up substantially to 6.26 crore at the end of the last fiscal, from nearly 4 crore earlier, CBDT Chairman Sushil Chandra
NRIs need not give account details if seeking no refund: CBDT–Economic Times–25.07.2017
Non-resident Indians (NRIs) won’t be required to disclose their overseas bank accounts in the income tax return form, the Central Board of Direct Taxes (CBDT)
GST: Proposal to refund central GST on goods made in excise-free zones to help auto, FMCG and pharma companies–Economic Times–25.07.2017
A proposal to refund central goods and services tax (GST) on items made in formerly excise-free zones in Himachal Pradesh, Uttarakhand and the North-East is
policy logjam: GDP at the low end of plan panel projections during 2012-14: Niti–Economic Times–25.07.2017
India has performed worse than the “policy logjam” scenario in the first two years of the 12th Five-Year Plan (2012-17) based on the old GDP
Revising ITR: How to rectify income tax returns–Economic Times–25.07.2017
After an income tax return is filed, it is processed by the CPC, Income Tax Department. However, after processing, if an assessee realises that some
loans: Defaulted on your loan? Your bank will soon be legally bound not to hound you for one-time repayment–Economic Times–25.07.2017
The government has begun work on laying down a process for individuals to be declared bankrupt, which will help them deal with a financial crisis
GST: When does a service provider need to register across multiple states?–Economic Times–25.07.2017
By MS Mani If you are a service provider with operations in only one state, GST is going to be excellent because without too much
Niti Aayog pushes for increasing savings, investments to boost growth – The Financial Express–25.07.2017
Niti Aayog has made a strong case for boosting savings and investments with a view to push the country’s economy into a higher growth trajectory.
Big boost for Narendra Modi government, IMF says growth in India to pick up in 2017, beat China – The Financial Express–25.07.2017
Growth in India is forecast to pick up further in 2017 and 2018,” the IMF said. (PTI) India will stay ahead of China on the
Insolvency not the best solution to alleviate NPA pain: HDFC Bank MD Aditya Puri – The Financial Express–25.07.2017
Veteran banker Aditya Puri today said initiating insolvency proceedings is not the “best solution” to fight the bad loan issue and advocated using the recently
Ashok Leyland receives a Rs 650 crore order for 3019 buses from KSRTC – The Financial Express–25.07.2017
Ashok Leyland, the second largest commercial vehicle (CV) manufacturer in India after Tata Motors, has bagged an order worth Rs 650 crore from the Karnataka
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