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
Month: August 2017
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
Economic Survey expected on Friday | Business Standard–10.08.2017
After weeks of delay, the finance ministry is ready to release the second part of the 2016-17 Economic Survey. The government might table the document
Slow tax growth reflects companies’ GST troubles | Business Standard–10.08.2017
“Given the unfavourable base effect and inventory trimming prior to the onset of the GST, we expect a 1 per cent contraction in the Index
Govt may revisit GST in 2-3 years and unify many rates: Arvind Panagariya | Business Standard–10.08.2017
The goods and services tax (GST) has some anomalies in its present form. In many cases, inputs are taxed at higher rates than final products,
Lanco Infratech: NCLT says no to Deloitte’s Vijaykumar V Iyer as IRP in Rs 44,000 crore Lanco Infratech case–Economic Times–10.08.2017
The National Company Law Tribunal (NCLT) has turned down the appointment of Vijaykumar V Iyer of consultants Deloitte as an interim resolution professional (IRP) to
Tata Motors Q1 Results: Tata Motors posts 42% YoY jump in Q1 profit despite 10% fall in JLR revenue–Economic Times–10.08.2017
MUMBAI: Tata MotorsBSE -3.17 % posted a 42% increase in first-quarter consolidated net profit, with a large one-time gain on account of changes to the
Demonetisation: I would not have approved of note ban: Bimal Jalan–Economic Times–10.08.2017
Though demonetisation had some positives, former Reserve Bank of India (RBI) Governor Bimal Jalan says he would not have approved it had he been at
GST will lead to increase in GDP in next 6 months: Adi Godrej–Economic Times–10.08.2017
Veteran industrialist Adi Godrej today said the Goods and Services Tax (GST) will lead to considerable increase in the GDP in the next six months.
GST Simplified–Economic Times–10.08.2017
Q. What would be the effect of GST on FMCG sector? A.Overall impact of GST on FMCG sector is positive due to elimination of cascading
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