The Reserve Bank of India (RBI) will transfer Rs 30,659 crore of its surplus to the government for the financial year 2016-17, less than half
Day: August 11, 2017
Mr Nilekani’s warning | Business Standard Editorials–11.08.2017
Nandan Nilekani, the founding chairman of the Unique Identity Development Authority of India (UIDAI), has once again raised concerns about the security of the data
Dividend to govt: High liquidity shrinks RBI surplus | Business Standard–11.08.2017
Abundant liquidity post-demonetisation with banks and resultant reverse repo measures by the Reserve Bank of India as well as cost of printing new currency notes
Reserve bank of india: Why RBI’s Urjit Patel should follow former Fed chairman Ben Bernanke’s ‘Operation Twist’–Economic Times–11.08.2017
Dr Y V Reddy as Reserve Bank of India governor had many run-ins with the government. One such prominent event was when he articulated the
Rupee: What led rupee’s single biggest fall since July 3–Economic Times–11.08.2017
The Indian rupee reversed its recent appreciating trend to decline the most in five weeks, with traders rushing to sell the local unit amid rising
GST impact: SMEs still working hard to sort out teething troubles–Economic Times–11.08.2017
India’s biggest job-creators – the small and medium enterprises (SMEs) — are still struggling to cope with the changes brought about by the country’s biggest
GST impact: A month on, exporters flood GST cell with refund queries–Economic Times–11.08.2017
More than a month after the government set up a cell in the commerce ministry to make exporters familiar with the recently introduced Goods and
Bitcoin: Here’s what Goldman is telling big money clients about bitcoin–Economic Times–11.08.2017
By Camila Russo Goldman Sachs Group Inc. is acknowledging that it’s getting harder for institutional investors to ignore the cryptocurrency market with total assets ballooning
GST: Tax-GDP ratio may rise to 11.9% due to GST, closer scrutiny: Government–Economic Times–11.08.2017
The government expects the goods and services tax (GST) and increased surveillance to boost tax revenues over the next two years, taking India’s tax-to-GDP ratio
Arvind Panagariya: How India lost another champion in the form of Arvind Panagariya–Economic Times–11.08.2017
By Mihir Sharma The departure of one of the few high-profile economists advising India’s government is a reminder of how greatly expectations have changed since
Why top corporates may move away from banks – The Financial Express–11.08.2017
Indian banks are likely to lose more large corporate customers in the coming quarters to the bond market where credit is cheaper, but are reluctant
India must lower, not raise, tariff walls–Economic Times–11.08.2017
In an interview to this newspaper, Niti Aayog’s outgoing vicechairman Arvind Panagariya has rightly pitched for lowering India’s peak Customs duty to 7% from 10%.
The one-handed economist, anyone?–Economic Times–11.08.2017
The colour of the cat does not matter, so long as it catches mice, said Deng Xiaoping. This is a good principle to use when
RBI may need to drain up to ₹1.4 lakh cr excess liquidity | Business Line–11.08.2017
The Reserve Bank of India will likely have to drain up to $22 billion in excess liquidity from the financial system as surging foreign investments
Farm exports decline to $34 b | Business Line–11.08.2017
India’s agricultural exports have declined to $33.87 billion in 2016-17 from $43.23 billion in 2013-14, Parliament was informed on Wednesday. The primary reasons for
Buoyant bitcoin stirs crypto-bubble fears | Business Standard–11.08.2017
Bitcoin and other “cryptocurrencies” are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined. The price of a single bitcoin
Bank NPAs register a significant growth during Jan-Jun: Ficci-IBA Survey | Business Standard–11.08.2017
Banks with operations in India witnessed a significant rise in non-performing assets during the first half of 2017, according to a survey released on Thursday.
Facebook to monitor MSME growth in Odisha, launches SheMeansBusiness | Business Standard–11.08.2017
Social media giant Facebook will monitor the growth of the MSMEs in Odisha after imparting training to them in next one year. The social networking
aniltikotekar4sme.com 