The rainfall in the first half of the four-month monsoon season (June to September) has been fairly satisfactory despite the incidence of drought in parts
Month: August 2017
Debtors can’t be allowed to paralyse banking system, says Arun Jaitley | Business Standard–Economic Times–04.08.2017
Finance Minister Arun Jaitley on Thursday said public sector banks needed the Banking Regulations Ordinance in order to be able to take decisions without fear
Voltas’ growth prospects remain cool as ever | Business Standard–04.08.2017
Voltas’ revenues for the quarter ended June 2017 (Q1) were broadly in line with the Street’s expectations despite the goods and services tax (GST)-led reduction
Bankers cautious on new benchmark move | Business Standard–04.08.2017
Welcoming the Reserve Bank of India’s (RBI’s) efforts to link market-determined benchmarks to price loans, bankers have said they preferred a gradual migration to new
Privacy and protection | Business Line–04.08.2017
Data protection is not a substitute for a right to privacy but the two are interlinked India is proud of its status as an IT
RBI’s MPC statement: An omission on China | Business Line–04.08.2017
The Reserve Bank of India’s monetary policy statement gives a bird’s eye view of global developments and the state of top economies in the world
End banks’ monopoly over retail savings | Business Line–04.08.2017
In the absence of viable options for risk-averse investors, Indian banks take depositors completely for granted Why do Indian banks get such kid-gloves treatment from
Income Tax department: This is how I-T department is using data analytics to catch tax evaders–Economic Times–03.08.2017
It’s not unusual to form an investment company for buying an expensive residential apartment. But in the case of a city Golf Link Road apartment,
Reserve Bank of India: RBI unsatisfied with MCLR, asks banks to lower rates further–Economic Times–03.08.2017
The RBI today continued to fault banks for not passing on the entire benefit of its rate cuts, saying it was unsatisfied with the MCLR
GST: Arun Jaitley indicates scope for rationalisation of rates under GST–Economic Times–03.08.2017
Finance minister Arun Jaitley on Wednesday said there is scope to rationalise goods and services tax (GST) and rolling 12 per cent and 18 per
NRI voting: Cabinet clears proxy voting for NRIs–Economic Times–03.08.2017
The Union Cabinet on Wednesday cleared a proposal to extend proxy voting to overseas Indians. The government will soon bring a bill that will amend
John Chambers: India to be among top 3 economic powers in 10-15 years: John Chambers–03.08.2017
India will figure among the top three economic powers in the world over the next 10-15 years, riding on the strength of its democracy and
Remonetisation: RBI says it’s comfortable with currency in circulation–Economic Times–03.08.201
The Reserve Bank of India said it’s comfortable with the currency currently in circulation, reaffirming the contention that notes won’t get back to pre-demonetisation levels.
insolvency board: Insolvency Board to pull up firms acting as resolution professionals to banks–Economic Times–03.08.2017
The Insolvency and Bankruptcy Board of India (IBBI) is looking into a complaint that some professional service firms were acting as insolvency resolution professionals (IRPs)
RBI monetary policy: Patel & Co turns focus on growth push: 5 takeaways from RBI’s money policy–Economic Times–03.08.2017
In line with Street expectation, the Reserve Bank of India (RBI) on Wednesday slashed repo rate by 25 basis points to 6 per cent from
RBI Repo Rate: RBI cuts repo rate by 25 basis points: Here’s what experts say–Economic Times–03.08.2017
Geojit The RBI’s MPC cut repo rates by 25 bps as expected. Noting however, that the trajectory of inflation in the baseline projection is expected
Arvind Panagariya ‘wise’ to have quit before being proved wrong about Q4 growth: P Chidambaram–Economic Times–03.08.2017
Senior Congress leader and former union finance minister P Chidambaram took a dig at Arvind Panagariya, who earlier resigned as the NITI Aayog Vice-Chairman, saying
GST: IGST to be levied only when goods are brought for customs clearance–Economic Times–03.08.2017
The integrated goods and services tax (IGST) would not be levied on sale of goods on high seas but would be charged when they are
Income Tax Rules: Are you earning abroad? Know the tax rules | The Economic Times–03.08.2017
Are you earning abroad? Know the tax rules Indians who are on deputation overseas or have settled overseas — whether by way of acquiring a
Bankruptcy: How the bankruptcy code can be abused by unscrupulous elements–Economic Times–03.08.2017
A World Bank study shows that insolvency cases on an average took 4.3 years to get resolved in India. And lenders’ recovery rate was 26
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