With corporate India placing most of its energies on rationalising costs, including the wage costs, the hiring outlook in the private sector, is expected to
Month: November 2017
FinMin asks banks to prevent defaulters from buying stressed assets–20.11.2017
To ensure success of bankruptcy process under the Insolvency and Bankruptcy Code (IBC), the finance ministry has asked banks to be vigilant to ensure that
GST: Businesses can edit August, September GSTR-3B returns from November 20 – The Economic Times–19.11.2017
The Modi-led Group of Ministers (GoM), set up to look into GSTN glitches, also met Infosys Chairman Nandan Nilekani. GST Network will launch a facility
Bank NPAs crisis: Bad loans moderating, but credit costs are rising – The Financial Express–19.11.2017
The good news is that loan slippages are moderating, though credit costs are rising due to the burden of provisioning. And private banks continue to
NCLT insolvency process has a tax problem; why Centre must fix it at the earliest – The Financial Express–19.11.2017
Given the speed at which NPAs have accumulated to over Rs 8.5 lakh crore today, and how they have brought the banking system to a
What does the ratings upgrade mean? – The Financial Express–19.11.2017
The upgrading of India’ sovereign rating by Moody’s, though not befitting the progress made and efforts put in by the government, is still a positive
The dangers of an overvalued rupee | Business Standard News–19.11.2017
An export-led growth strategy with appropriate structural reforms, comprising liberalisation and an open economy, results in sustained productivity-led growth, as exports promote better resource allocation,
Demonetisation not an appropriate response to blackmoney: Manmohan Singh | Business Line–19.11.2017
Demonetisation was not an appropriate response to the blackmoney issue, former Prime Minister Manmohan Singh today said and suggested that the government simplify tax and
No room for complacency on Moodys’ Rating, says Ajit Ranade | Business Line–19.11.2017
There is no room for complacency or jubilation despite the rating upgrade provided by Moodys’ Investor Services, given the many challenges that still remain to
AADHAAR: NRIs, PIOs don’t need to link bank a/c, PAN with Aadhaar, UIDAI clarifies – The Economic Times–18.11.2017
UIDAI instructed implementation agencies to work out a mechanism to verify if those NRIs and PIOs are actually what they claim they are. NEW DELHI:
Moody’s Rethink: Sense Procrastinated–Economic Times–18.11.2017
It is welcome and significant that Moody’s has revised and upgraded India’s credit rating, the first time since 2004. The revision, or, more accurately, the
Keep ball rolling: Moody’s proffers a mood lifter–Times of India–18.11.2017
Credit rating agency Moody’s Investors Service upgraded Indian government’s debt ratings after almost 14 years. It simultaneously changed its outlook on the Indian economy to
Moody’s just warned GoI not to undo fiscal consolidation to boost growth–Economic Times–18.11.2017
By Aurodeep Credit rating agencies are a bit like strict school principals, but for governments and corporates. Countries undertake hard reforms, keep the macroeconomic climate
What is GST anti-profiteering body and how does it help consumers? – The Financial Express–18.11 2017
GST Anti-profiteering body: Aiming to protect consumers’ interest, the Narendra Modi government has given its nod for the establishment of a National Anti-profiteering Authority under
Moody’s upgrade may widen trade deficit, impact exports already hit by GST | Business Standard News–18.11.2017
While the government cheers India’s ratings upgrade by global ratings agency Moody’s, the move might further widen the already yawning trade deficit. Moody’s Investors Services
T N Ninan: Rating the raters | Business Standard Column–18.11.2017
India’s sovereign rating upgrade by Moody’s Investors Service is a second shot in the arm for the Modi government, still reeling from domestic criticism for
Moody’s boost to Modi: Should India really cheer? | Business Standard News–18.11.2017
The Narendra Modi government is celebrating the upgrade of India’s sovereign credit rating by Moody’s Investors Service. The new rating places India at Baa2, up
Timely recognition: on the Moody’s upgrade – The Hindu–18.11.2017
Moody’s decision to upgrade India’s sovereign credit rating by a notch after a gap of almost 14 years is undoubtedly a welcome recognition of the
Trade, Pass on GST Benefit to Consumer–Economic Times–17.11.2017
The Cabinet’s nod for setting up the National Anti-Profiteering Authority (NAA) provided for in the goods and services tax (GST) law is a testimony to
Step on the gas: External sector data signal problems, government must accelerate economic and jobs growth–Times of India–17.11.2017
Recent economic data suggest that government has its work cut out. Data for external sector, current account and trade deficits, signal that employment intensive sectors
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