Financial results of public sector banks for April-June quarter show that they remain fragile. Collectively, they made a loss when their private sector peers turned
Day: August 24, 2017
Unsafe as houses: Watch out – your dream home could become a nightmare –Times of India–24.08.2017
Most Indians dream of owning a home. And, if recent developments are anything to go by, the chances are that their dream home will remain
Open letter to incoming CJI: The most pressing priorities before India’s judiciary, and how to address them–Times of India–24.08.2017
Respected CJI designate, You are about to head the world’s most populous functioning democracy’s apex court, the planet’s most dynamic judicial institution, a final court
Despite RERA, Centre and states not doing enough to protect home buyers | analysis | Hindustan Times–24.08.2017
The Real Estate (Regulation) Act, 2016, the flagship legislation to protect home buyers, has come into force, but its implementation on the ground continues to
PM Modi’s Digital India will fail without mass IT awareness programmes | analysis | Hindustan Times–24.08.2017
Launched on July 1, 2015, Prime Minister Narendra Modi’s Digital India (DI) initiative generated a great deal of euphoria. With emphasis on e-governance, project’s objective
India among top targets of web application attacks: Akamai report | tech | Hindustan Times–24.08.2017
India ranks eighth among countries most frequently targeted for web application attacks and stands fifth on the list of source countries, with close to 12
Google removes over 500 apps from Play Store over spyware threat | tech | Hindustan Times–24.08.2017
Google has removed over 500 apps that included mobile games for teenagers from its Play Store on account of a spyware threat. The decision came
The lowflation demon vexes central banks–Economic Times–24.08.2017
By Mohamed A. El-Erian Persistently low inflation, or “lowflation,” is vexing lots of people. According to the recent minutes of policy meetings of the Federal
Insolvency professionals face threats, draw staff ire while evaluating plans for debt-laden companies–Economy Times–24.08.2017
On a Friday afternoon this month, Milind Kothari looked at his WhatsApp message with a furrowed brow. The India head of BDO, a leading professional
Charge that Narayana Murthy forced CEO Vishal Sikka to resign is a lie–Economic Times–24.08.2017
By Vallabh Bhanshali Walk away I did, but it did not mean a walk over/ Targets hiding behind the non-target/ I prefer speaking to Keeping
Agriculture exports may grow to $100 billion by 2022: Experts–Economic Times–24.08.2017
The country’s agricultural sector has potential to double farmer income and grow exports to $100 billion by 2022 from the present $36 billion, according to
Reserve bank of India: Bank consolidation should achieve efficiency, says former Reserve Bank of India governor D Subbarao–Economic Times–24.08.2017
Duvvuri Subbarao, former governor of Reserve Bank of India said consolidation of public sector banks is necessary to strengthen the banking system if it is
Insolvency and Bankruptcy Code: Implementing the new Bankruptcy Code to help push bank credit growth: SBI Research–Economic Times–24.08.2017
The implementation of the new Insolvency and bankruptcy code is expected to give a big push to credit growth as international experience shows that laws
RBI: Swelling forex reserves could soon cost RBI in ways very few foresaw–Economic Times–24.08.2017
By Subhadip Sircar and Anirban Nag As India’s foreign-exchange reserves march toward the unprecedented $400 billion mark, its central bank faces a costly conundrum. To
Income Tax notices: Made a mistake in filing your ITR? Here’s how to respond to the tax notice under Section 143(1)(a)–Economic Times–24.08.2017
The government has introduced ‘e-Proceeding’ where a taxpayer can submit his/her response to the department without appearing physically. There is every possibility of making a
India needs banks of different sizes–Economic Times–24.08.2017–
SBI chairman Arundhati Bhattacharya’s caution on bank mergers has much merit, even as the Cabinet has given an in-principle nod for consolidation. Yes, the economy
Viral Acharya blames RBI’s forbearance schemes for NPA issue – The Financial Express–24.08.2017
RBI Deputy Governor Viral Acharya today conceded that the Central bank’s “forbearance schemes” were partly to blame for the bad loan mess, and suggested a
Raghuram Rajan pens book on RBI stint in ‘turbulent times’ – The Financial Express–24.08.2017
Raghuram Rajan explains economic concepts and talks of issues like tolerance and connection between political freedom and prosperity in his new book, which is a
Cabinet fast tracks merger of PSU banks | Business Standard News–24.08.2017
The Cabinet on Wednesday approved a framework to speed up mergers of public sector banks, the first of which could take place by March. The
Raghuram Rajan comes back with I Do What I Do | Business Standard News–24.08.2017
Exactly a year after leaving the Reserve Bank of India (RBI) as its governor, Raghuram Rajan is coming out with a new book containing his
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