The government’s fiscal deficit touched 96% of the full-year estimate at the end of October, raising concerns of slippage in the current financial year. Higher
Day: December 1, 2017
Bankruptcy Code: Different treatment likely for SMEs facing insolvency – The Economic Times–01.12.2017
Government may consider giving different treatment to small and medium enterprises (SMEs) under the Insolvency and Bankruptcy Code (IBC) since they usually have limited number
indian economy: Manufacturing back in business, shrugs off GST, demonetisation blues – The Economic Times–01.12.2017
Small businesses still facing demonetisation after-effects suffered even more and that was fully reflected in the data captured by government’s statisticians. Stunning. That was the
Bitcoin Price: Bitcoin will hit $40,000 in a year! But beware, have small exposure–01.12.2017
Bitcoin hits $10,000 mark: Cryptocurrency at an all time high Leveraging for bitcoin in anticipation of humungous return indicates heightened greed in the crypto-currency market.
Modi: IBC Ordinance: Modi government just walked into a trap that it unwittingly laid for itself – The Economic Times–01.12.2017
‘Defaults’, ‘wilful defaults’, ‘big corporate’, ‘Vijay Mallya’, ‘NPAs’, ‘nexus with banks’, ‘60 years of bad loans’, ‘bailout’ — phrases liberally used to score political points,
Economy out of woods, growth to hit 6.5-7% for FY18, says Niti Aayog Vice Chairman Rajiv Kumar – The Financial Express–01.12.2017
The September quarter growth rebound shows that the economy has come out of the woods and economic expansion for the full year will come in
A pensioner’s nightmare and monetary policy: When interest rates are lowered, this class gets affected sharply – The Financial Express–01.12.2017
Every monetary policy review is a pensioners’ nightmare as the constant call for lowering of interest rates to spur the economy is not good news
Rupee downward turn trigger may be a global equity collapse early next year; Jamal Mecklai explains – The Financial Express–01.12.2017
From time to time, the financial papers print forecasts of the future of the rupee, taking inputs from banks, consultants and other interested parties. These
Cyber security: Why prevention focus system is not much effective today – The Financial Express–01.12.2017
The success of a company’s IT security does not depend on trying to prevent a cyber attack, but in the ability to predict, detect and
Government doesn’t recognise crypto currency as legal, says FM Arun Jaitley – The Financial Express–01.12.2017
With virtual currency gaining traction among investors, Finance Minister Arun Jaitley today said India does not recognise crypto currency as legal tender. Yesterday, virtual currency
Wait for 3-4 quarters before concluding on growth rate: Chidambaram | Business Standard News–01.12.2017
Former Finance Minister P Chidambaram on Thursday said he was happy that the economy has registered a growth of 6.3 per cent in the latest
Reversal in trend | Business Standard Editorials–01.12.2017
The headline number provided by the Central Statistics Office in its first estimates of economic growth in the July-September quarter provides a welcome reversal of
Rate hold by MPC is justified by a confluence of risk | Business Standard Column–01.12.2017
Analysts have formed a broad consensus that the Monetary Policy Committee (MPC) will hold the repo rate at 6 per cent at the December meeting.
Growth outlook for remaining part of FY18 is not without risks | Business Standard News–01.12.2017
Country’s economy grew 6.3% in the three months ending in September from a year earlier, in line with expectations and faster than a provisional 5.7
GST maze leaves exporters sulking for refunds | Business Standard News–01.12.2017
In its 22nd meeting on October 6, the Goods and Services Tax (GST) Council had asked the government to quickly refund to exporters the Integrated
GST Network to stabilise in next 6-9 months: TCS wing | Business Standard News–01.12.2017
The technical glitches on the GST Network (GSTN), which has off late irked several traders as well as politicians across the country, will take another
‘Employees and even tea vendors can invoke IBC to find redress’ | Business Line–01.12.2017-R
It’s not banks, but operational creditors, that have initiated the most number of cases under the Insolvency and Bankruptcy Code (IBC), said MS Sahoo, Chairperson,
Cryptocurrency: The bits of Bitcoin | The Indian Express–01.12.2017
In October this year, billionaire Warren Buffet had described Bitcoin as a “real bubble”, and said that one couldn’t value it considering it was not