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
Month: December 2017
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
Unwavering caution — on RBI holding repo rate – The Hindu–07.12.2017
For the Reserve Bank of India there is just one economic indicator that dominates its policymaking calculus: price stability. With inflation-targeting as its main mandate
महिलांसाठी उद्योजकता धोरण –स्वागतार्ह धोरण – महाराष्ट्र टाइम्स –०७.१२.२०१७
नव्वदच्या दशकात महिला धोरण आखणारे प्रगत राज्य असा लौकिक असलेल्या महाराष्ट्राने आता महिलांसाठी उद्योजकता धोरण राबविणारे देशातील पहिले राज्य असाही मान पटकावला आहे. राज्याच्या मंत्रिमंडळाने
Bitcoin: Want to gamble on the bitcoin bubble? Beware, the exchange may not be genuine – The Economic Times–06.12.2017
By Dhirendra Kumar Bitcoin is a bubble because it has no inherent value, and the price is determined solely by the balance between buying and
Bail-in doubts — on financial resolution legislation – The Hindu–07.12.2017
Finance Minister Arun Jaitley has wisely sought to allay fears about a “bail-in” clause in the Financial Resolution and Deposit Insurance Bill, 2017. Introduced in
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