Singaporean lender DBS today said it “suspects” that there has been a change in the stance by the authorities to let the rupee appreciate more,
Month: August 2017
Textile industry cheers lowering of GST rate from 18 to 5 per cent on job work – The Financial Express–08.08.2017
The Confederation of Indian Textile Industry (CITI) today welcomed the GST Council’s move to slash the rate on job work like weaving, cutting, knitting and
Exporters facing difficulties in GST transition period: EEPC – The Financial Express–08.08.2017
Engineering exporters’ body EEPC India today said that shipping companies are facing difficulties post GST as their drawback refunds will not be released till September-end
Should India ban Bitcoin? Or the fear of crypto currencies is just hot air? – The Financial Express–08.08.2017
The emergence of Bitcoin and other crypto-currencies has raised concerns in many countries around the world. A parliamentary committee is about to report its recommendations
Tata Steel swings to profit in Q1, but lags estimates | Business Standard–08.08.2017
Increased capacity in India with the ramp-up at Kalinganagar along with ongoing restructuring of Europe operations helped Tata Steel witness increased revenues in the June
[GST] Remove tax uncertainty | Business Standard–08.08.2017
There is no doubt that the goods and services tax (GST) has the potential to make far-reaching positive changes to the structure of the Indian
Panel on crypto-currency submits report to Jaitley | Business Line–08.08.2017
India may soon take a call on how to deal with virtual currencies including bitcoins on the regulatory front with a government-appointed panel submitting its
Bankruptcy code can help capital-starved ARCs generate better returns | Business Line–08.08.2017
Recoveries by ARCs have remained at a low 20% Effective implementation of the Insolvency and Bankruptcy Code (IBC) can provide a leg-up to asset reconstruction
For MSME suppliers, it pays to get on the TReDS platform | Business Line–08.08.2017
Micro, small and medium enterprises (MSMEs) supplying to top-notch corporates can get their invoices discounted at or close to banks’ benchmark lending rates if they
Will banks rise to the challenges ahead? | Business Line–08.08.2017
Banks must install appropriate software forthwith to deal with the significant accounting changes owing to Ind AS and GST For the past two years, two
Unkindest cut | Business Line–07.08.2017
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
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
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