The credit information bureaus are operating with specified legal framework and have well-defined work. Loan officers at Kotak Mahindra Bank are spending more time in
Day: December 13, 2017
Unitech wants Supreme Court to stay NCLT order immediately – The Economic Times–13.12.2017
Unitech on Tuesday urged the Supreme Court to immediately stay the National Company Law Tribunal’s (NCLT) order directing the government to takeover the builder’s management.
MRP: Govt may allow pre-GST stocks to have revised MRP stickers till March – The Economic Times–13.12.2017
The government is expected to allow use of stickers to display revised maximum retail price (MRP) on unsold pre-GST stocks for three months until March
Bank union threatens strike if FRDI Bill not amended – The Economic Times–13.12.2017
All India Bank Employees Association (AIBEA) has threatened to go on strike if FRDI Bill is not amended to safeguard interest of depositors even as
thirdwatch: Catch me if you can: For ecommerce fraudsters it may be the end of the game – The Economic Times
Despite having multiple checks and balances in place, etailers continue to regularly fall prey to the machinations of fraudsters. Name of the Company: ThirdWatch Name
Errant taxpayers may face audit – The Financial Express–13.12.2017
The taxpayers can revise their credit claims till December 27 in the same form, the government said. The government on Wednesday warned that the taxpayers
GST collection in November seen at lower than Rs 83,000 cr in October; errant taxpayers face crackdown – The Financial Express–13.12.2017
Saddled with a massive amount of unverified input tax credit (ITC) claims from the taxpayers, the government fears that the goods and services tax (GST)
India, China rising even as West slows down; Meghnad Desai explains why this great transformation happened – The Financial Express
Income growth rates are also low in the Eurozone and the UK. The US seems to be in a state of full employment, low inflation
Forget debit cards, use UPI; even as retailers slam RBI merchant discount rates, here is way forward – The Financial Express
Given how wafer-thin retailer margins are—often 3-4%—it is not surprising retailers are up in arms against the central bank’s latest guidelines on merchant discount rates,
FinMin picks holes in input tax credit claims under GST | Business Line–13.12.2017
Taxpayers told to revise such erroneous claims by December 27 It’s official now. The Finance Ministry has concluded that several businesses have claimed high transitional
When banks fail: A “bail-in” can be provided without undermining depositor interests–13.12.2017
The current generation of economic reforms revolves around creating a sound institutional architecture for a market economy. In this regard, an important legislation was the
Why differentiate between NCLT, non-NCLT cases: Sajjan Jindal | Business Standard News–13.12.2017
JSW Group Chairman Sajjan Jindal has questioned why the promoters of stressed assets in the RBI’s second list were allowed to participate in the debt
SC says NCLT order on Unitech ‘disturbing’, hearing to resume today | Business Standard News–13.12.2017
The Supreme Court has expressed its unhappiness over the National Company Law Tribunal (NCLT) passing an order against realty major Unitech, putting at risk the
Unwise move | Business Standard Editorials–13.12.2017
The affairs of real estate giant Unitech have taken a new and disturbing turn. The company is in trouble essentially because it has failed to
FRDI bill: Your deposits are safe and banks cannot use them without your consent | analysis | Hindustan Times–13.12.2017
Bank deposits are the one true friend of a middle class Indian and any threat to their safety is terribly upsetting. The government will introduce
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