Are you upset over your favourite restaurant raising prices after reduction in goods and services tax (GST) or some retailer continuing to charge pre-GST rates
Day: December 7, 2017
RBI monetary policy: Has interest rate bottomed out? – The Economic Times–07.12.2017
The Reserve Bank of India has warned against possible spikes in prices and predicted Consumer Price Index to be in the range 4.3-4.7% in Q3 and
RBI: This IIM professor is the lone dissenter in RBI’s MPC who is fighting for a rate cut – The Economic Times–07.12.2017
At the end of its two-day long policy review meet, the RBI on Wednesday kept the repo rate unchanged at 6 per cent. Five out
Urjit Patel: RBI holds policy rates, stance remains neutral – The Economic Times–07.12.2017
The Reserve Bank of India kept interest rates unchanged, citing pressure on prices, and bumped up inflation forecast for the rest of the fiscal year
Now, Bitcoin tops $13,000 today after hitting $12,000 for first time yesterday – The Financial Express–07.12.2017
The rise in the price of Bitcoin, world’s largest cryptocurrency with multiple warnings on it, is defying all logic, as the cryptocurrency reached $13,000 mark
Reserve Bank employees bat for depositors; ask Urjit Patel to raise insurance 10-fold to Rs 10 lakh – The Financial Express–07.12.2017
The All India Reserve Bank Employee Association has written to RBI governor Urjjit Patel demanding security against the proposed Financial Resolution and Deposit Insurance Bill. The All
Monetary policy: Hawkish RBI will spur FII flows, add to problem – The Financial Express–07.12.2017
Apart from the fact that consumer inflation has risen 30 bps since RBI’s monetary policy committee (MPC) last met and is likely to rise further,
RBI MPC keeps repo rate unchanged at 6%, tells banks to shape up | Business Standard News–07.12.2017
The Reserve Bank of India (RBI) kept its policy rate unchanged and stance neutral but its governor, Urjit Patel, set stiff conditions for ailing state-owned
We are already on the uptick in terms of credit growth: RBI | Business Standard News–07.12.2017
Reserve Bank of India (RBI) Governor Urjit Patel and senior officials spoke to the media after the fifth bi-monthly monetary policy review for FY18 on
Insolvency resolution: Top 5 steel firms need to pay Rs 29,000 cr to bid | Business Standard News–
Promoters of five steel majors undergoing insolvency resolution will have to cough up a total of at least Rs 29,000 crore to be eligible to
RBI’s justified caution | Business Standard Editorials–07.12.2017
As expected, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) concluded its two-day meeting with an announcement that the headline repo
FTP: The saga of export benefits continues | Business Standard Column
The mid-term review of Foreign Trade Policy (FTP) was a highly anticipated policy development amidst an ebbing export climate, slowdown in developed economies, Brexit, volatility
RBI keeps rates unchanged: Don’t expect miracles till March 2018 | Business Standard News–07.12.2017
The MPC quite expectedly has maintained a status quo on rates this time and the indication is that there would be no rate cut this
GST Law Panel submits recommendations to Adhia, suggests changes | Business Standard News–07.12.2017
The Goods and Services Tax (GST) Law Panel on Wednesday put forth its suggestions to Revenue Secretary Hasmukh Adhia, suggesting around 100 major changes in
Paying your taxes honestly? How GST data may be used to track tax evaders | Business Standard News–07.12.2017
With GST, it may now be tough to evade the taxman. Finance secretary Hasmukh Adhia said on Tuesday that goods and services tax (GST) will
Stressed asset buyers may get relief from competition law, MAT | Business Standard News
Buyers of stressed assets might soon get an exemption from paying the minimum alternate tax (MAT), and the need for getting approval from fair-trade watchdog
Ways to prevent Aadhaar misuse | Business Standard News–07.12.2017
The Aadhaar conundrum continues for the retail consumer. On one hand, the Supreme Court is yet to give its final verdict on its legality. But,
What’s the point, MPC? | Business Line–07.12.2017
Bi-monthly monetary policy reviews do not seem to serve much purpose. The growth projections this time are optimistic The policy was in line with expectations.
Growing the bond market more important than repo rate tweaks–07.12.2017
Anticipating hardening inflation and consolidating growth, the Monetary Policy Committee (MPC) has decided to maintain a neutral stand, neither raising nor lowering policy rates. Few
At the same rate | The Indian Express–07.12.2017
The MPC and other analysts reckon that oil prices, already at well over a barrel, may sustain, with the risk of a negative impact on
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