SBI’s move to lower the interest rates on savings accounts is a wake-up call for savers For the first time since interest rates on savings
Day: August 7, 2017
FMCG companies reel under GST impact | Business Line–07.08.2017
The electronic way (e-way) bill system, expected to be put in place by October 1, can potentially turn out to be a hassle for industry
GST regime: E-way bill system may deter smooth flow of goods | Business Standard–07.08.2017
The electronic way (e-way) bill system, expected to be put in place by October 1, can potentially turn out to be a hassle for industry
GST cheer for Eveready as it eyes 10-15% growth in FY18 | Business Standard–07.08.2017
Optimistic about increasing its market share in the batteries and flashlights segment, along with growing its small appliances and LED businesses, post the Goods and
Brief case: Civil suit stands back for arbitration | Business Standard–07.08.2017
When an agreement is terminated by one party alleging breach committed by the other, the arbitration clause still survives and continues to be operative. This
Brief case: Buyer not liable to clear old power bills | Business Standard–07.08.2017
More powers to arbitral tribunals The Supreme Court (SC) has conferred more powers on arbitral tribunals and stated they have power to punish a party
FinMin rejects Commerce Ministry pitch for lower gold import duty | Business Line–07.08.2017
In 2016-17, about 650 tonnes of gold were imported, resulting in tax revenues of ₹20,000 crore Basic customs duty to stay at 10% The Finance
Another weak quarter | Business Standard–07.08.2017
Corporate India is facing new challenges to growth, going by the April-June quarterly financial data of more than 600 companies that have declared their results
Elements of the recovery | Business Standard–07.08.2017
We have been in a sustained downturn from 2011 onwards. How will this end? It is instructive to look at the last difficult downturn, of
Govt gears up for divestment drive | Business Standard–07.08.2017
After a brisk start to the Centre’s 2017-18 disinvestment programme, the finance ministry’s Department of Investment and Public Asset Management (Dipam) has lined up a
Why assigning GST rates for hotels against annual turnovers is a progressive move – The Financial Express–07.08.2017
Rajan Bhatia The tourism industry contributes nearly $136 billion to India’s GDP and is expected to further grow to $280.5 billion by 2026. Hospitality and
GST council approves rules for e-way bills, relief for garment industry – The Financial Express–07.08.2017
The Goods and Services Tax (GST) Council on Saturday approved the rules related to e-way bills, which are meant to track movement of goods, and
Mismatch between external, internal rupee values detrimental to exporters, notes ASSOCHAM – The Financial Express–07.08.2017
On the other hand, despite a falling inflation, now ruling at a five-year low, the rupee has weakened at least in reverse proportion to the
GST glitches only to be expected–07.08.2017
Kota stone, for example, attracts the lowest 5% GST, compared to marble that attracts the highest rate. But kota stone makers want clarity on the
Why Modi must find the courage now to stop the worst subsidy of all–Economic Times–07.08.2017
The government has announced that the price of subsidised kerosene will be raised by 25 paise per fortnight until the subsidy goes. Of India’s many
kharif season: India set for record kharif crop harvest–Economic Times–07.08.2017
Foodgrain output in the ongoing 2017-18 kharif season is likely to surpass last year’s record of 138.04 million tonnes due to higher acreage and good
Falling interest rates tilt the balance more in favour of equity investment–Economic Times–07.08.2017
By DK Aggarwal The Reserve Bank of India earlier this week cut the repo rate by 0.25 per cent, and this is expected to further
RBI monetary policy: ‘If I were in MPC, I would have gone for a 50-bps cut’–07.08.2017
I like the idea of a central bank being cautious. Demonetisation was an unfortunate policy intervention. But it contributed in some way in bringing down
cyber crime: Tata Communications to hire 400 people to combat cyber crime and data theft–Economic Times–07.08.2017
Its managed security division currently accounts for less than 10% of revenue but is growing at more than 50% a year. The company expects revenue
Privacy is sacrosanct | Business Line–07.08.2017
Who is more powerful: the Government or citizens? In a democracy, citizens have more power because they elect their representatives. Every four or five years,
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