Eeconomic updates by the finance ministry seldom get the stock market to dance a jig. But the FM’s press conference on October 24 did. The
Month: November 2017
Desperate, risky measure–Deccan Herald–07.11.2017
The Rs 2.11 lakh crore recapitalisation plan announced for public sector banks (PSBs) is a ‘monumental step’ not because we may get great results from
Moving, but slowly–Deccan Herald–07.11.2017
Economy – stalling or reviving? The slowdown in GDP growth to below 6% in the April-June quarter of 2017 grabbed headlines. It was the sixth
Reforms for the few–Deccan Herald–07.11.2017
At a time when labour law reforms are being debated, it is important to remember that only 6-7% of the total workforce in the country,
How to double rural incomes–Deccan Herald–07.11.2017
M V Sridhara, Nov 2 2017, 0:42 IST India has been developing through successive five-year plans and progress on many counts – the Human Development
Focus on micro, not just macro, reforms–07.11.2017
By Anil K Kanungo, Why is the Indian economy currently looking gloomy? Many believe that the necessary macroeconomic structural reforms were not in place and
Ease of Business: FM’s joy premature–Deccan Herald–07.11.2017
The improvement made by India in the World Bank’s latest ‘Ease of Doing Business’ report is significant and commendable. The country has jumped 30 rungs
Bankruptcy: Likely bids by failed promoters to wrest control of troubled companies worry banks – The Economic Times–06.11.2017
Come December, banks will have to grapple with the ethical and financial dilemma of dealing with failed promoters who try to claw back control in
Demonetisation: Economy shaken, GDP hurt, trust in government undermined – The Economic Times–06.11.2017
By Biswajit Choudhury While the immediate impact of demonetisation was seen in the long queues outside ATMs and felt through acute cash shortage, its anniversary
rent agreement: 5 checkpoints before you sign a rent agreement – The Economic Times–06.11.2017
Go through the rent agreement for any specific terms and conditions that the owner may impose, in addition to the society’s rules. 1. Rent clause
New GST Rates: GST could soon be in for the most comprehensive tweak since its launch–06.11.2017
The goods and services tax could be in for a revamp that’s more comprehensive than the tweaks that have been made thus far to iron
Can a bank allow a company under insolvency to withdraw cash? – The Economic Times–06.11.2017
Can a bank allow a company, which is facing corporate insolvency resolution proceedings under Insolvency and Bankruptcy Code and has non-performing assets (NPAs) attached to
demonetisation: PM Narendra Modi’s big economic gamble in tatters as cash remains king – The Economic Times–06.11.2017
By Vrishti Beniwal, Jeanette Rodrigues and Hannah Dormido Corruption, black money, terrorism, fake currency — Prime Minister Narendra Modi resolved to eliminate all in one
Fix GST anomaly for service e-commerce–06.11.2017
Digital platforms for services such as carpentry, plumbing and cleaning face a goods and services tax (GST) problem that the GST Council should address. The
Prepare for oil price above $60 a barrel–Economic Times–06.11.2017
Governments can achieve fiscal discipline by curbing wasteful spending, prioritising investment over consumption expenditure and so on. In addition, they can just get lucky. When
GST Network: GSTN launches new facility for exporters to claim refunds – The Economic Times–06.11.2017
GST Network today said it has introduced a utility Table 6A in Form GSTR1 for exporters to claim refunds. An exporter can claim refund of
Defaulting promoters can submit bids for their companies? SBI chief Rajnish Kumar said this interesting thing – The Financial Express–06.11.2017
Defaulting promoters submitting bids for their companies under the insolvency resolution process are “within their rights” to do so, State Bank of India (SBI) chairman
Black money no longer cool due to demonetisation, but real issue is plight of SMEs hit by note ban, GST combo – The Financial Express–06.11.2017
A year after demonetisation, while the anticipated windfall of Rs 2-3 lakh crore—tax evaders were expected to not deposit their black money—did not materialise, the
Good news: Startups focussed on India’s big challenges, now to relook angel tax to boost funding – The Financial Express–06.11.2017
With over a thousand start-ups in 2017, India’s start-up ecosystem has never looked better—even though the mortality rate is as high as 35%, a Nasscom
One year of demonetisation: Changing goal posts and limited impact | Business Standard News–06.11.2017
Demonetisation was an attempt to address issues like black money, terror funding and counterfeit currency. Somewhere along the way, the goal post changed to digitising