Demonetisation was a very big mistake and it has had a big negative fallout on the economy, according to Kaushik Basu, former Chief Economic Advisor
Month: August 2017
Notable growth in bitcoin market in India: Jaitley | Business Line–05.08.2017
The Centre on Friday admitted that there has been a “notable growth” in the bitcoin market in India over the last few years. There is
Dealers advised to use offline programme for preparing GSTR-1 returns | Business Line–05.08.2017
The Kerala Goods and Services Tax (GST) Department has said an offline programme is now ready where dealers can prepare their GSTR-1 returns. This is
On July 31, bitcoin exchanges in India suspended operations for 36 hours | Business Line–05.08.2017
The exchanges did not want to support bitcoin cash, a cryptocurrency that got created as the blockchain forked The bitcoin exchanges in India had
Apex court reserves order on 100% DA neutralisation for pre-2002 bank retirees | Business Line–05.08.2017
Seeks clarifications as a similar plea was dismissed in an earlier case The Supreme Court on August 1 reserved judgment in a petition filed by
M&M Q1 profit drops 20% on GST transition, poor PV sales | Business Line–05.08.2017
Passenger vehicles post lower sales growth Home-grown auto major Mahindra & Mahindra has posted a 19.8 per cent fall in quarterly profit impacted by slower
Having a poor appetite can shorten your life span and reduce quality of life–Economic Times–04.08.2017
WASHINGTON D.C: Inadequate nutrition poses a serious health concern for older adults, finds a recent study. Strategies to improve our appetites as we age include
Mid-term assessment of the Niti Aayog–Economic Times–04.08.2017
Has the Niti Aayog proved a worthy successor to the Planning Commission? The question is a natural corollary to the surprise departure of its first
For data protection minus data residency–Economic Times–04.08.2017
India needs laws on privacy and data protection. The chances of data breaches taking place from some node with lax security or the other of
Make Mumbai the financial hubbub of the country– The Economic Times–04.08.2017
By Rana Kapoor Management consultant Peter Drucker had famously said, “The best way to predict the future is to create it.” Technology — especially big-data
RBI monetary policy: Why the rupee hit 2-year high post RBI policy–Economic Times–04.08.2017
The rupee hit a two-year high after exporters sold their foreign-currency receivables on expectations that positive real interest rates would induce further buying of Indian
What if you miss the Income Tax Return deadline on August 5: Here’s what to do – The Financial Express–04.08.2017
While the government has extended the last date for filing income tax returns to August 5 because of some technical glitches, if an assessee misses the
Punjab to seek GST exemption for unorganised work sector – The Financial Express–04.08.2017
Manpreet has been meeting representatives of several industry verticals, including sports goods and textile, to know about their grievances regarding GST (PTI) Punjab will seek
Bad news for loan defaulters: Arun Jaitley says government to start criminal proceedings against fund diversion by them – The Financial Express–04.08.2017
Finance minister Arun Jaitley on Thursday declared that criminal and recovery proceedings will be initiated against defaulters of bank loans who divert money and stressed
Rural demand to pick-up post October: Report – The Financial Express–04.08.2017
The lower global oil prices will be the biggest help in lowering the input costs for agriculture, it said. American brokerage BofAML today said it
Banks may need 20% incremental provisioning for 50 large NPAs – The Financial Express–04.08.2017
“Banks may require an incremental provisioning of 20 per cent against cumulative debt of 50 large stressed assets worth over Rs 4.3 lakh crore,” says
Chocolate mithais to attract 5% GST, Centre clarifies | Business Standard–04.08.2017
Sandesh, with or without chocolate, will be taxed at 5 per cent, the government clarified on Thursday along with the goods and services tax (GST)
Businesses can file July returns on GSTN from Aug 5 | Business Standard–04.08.2017
The first tax returns under the new Goods and Services Tax (GST) regime can be filed from Saturday and the facility will remain open till
JSW Steel, Piramal Enterprises eye joint bid for stressed assets | Business Standard–04.08.2017
Sajjan Jindal-controlled JSW Steel is in discussion with Piramal Enterprises for a partnership that could result in a joint bidding of assets currently going through
How India differs from the top nations | Business Standard–04.08.2017
From the perspective of constitutional and legal rights, we can divide nations into three sorts. First, those that promise citizens rights very clearly and deliver