In 2017, 82 per cent of shopping queries were made through mobile devices, according to Assocham-Deloitte study. The digital commerce market in the country is
Month: December 2017
Why financial inclusion has not taken off | Business Line–26.12.2017
Banking and beyond: Let’s understand the needs of rural depositors Rural banking initiatives such as the business correspondents model have failed because they are not
Mere 1.7% Indians paid income tax in assessment year 2015-16: Official data–Business Today–26.12.2017
Just over 2 crore Indians, or 1.7 per cent of the total population, paid income tax in the assessment year (AY) 2015-16, according to data
‘Initial glitches in GSTN dwarf in comparison to what the portal has achieved’–26.12.2017
As the Chief Executive Officer of Unique Identification Authority of India (UIDAI) and the Chairman of the Goods and Services Tax Network (GSTN), Ajay Bhushan
Let not hysteria kill the FRDI bill–Economic Times–25.12.2017
Everyone has heard of six blind men arguing about what the elephant is like, based on the parts of the animal they explored with their
Petroleum GST can wait | Business Standard Editorials–25.12.2017
On the face of it, the government’s intention to bring all petroleum products under the ambit of the goods and services tax (GST) is unexceptionable.
The long winter in banking | Business Standard Column–25.12.2017
Indian banking is limping. We often get calls for decisive action that will quickly solve the problem. However, we are reaping the consequences of decades
FRDI Bill ignores the elephant in the room | Business Standard Column–25.12.2017
Two weeks ago I wrote a piece arguing that the FRDI (Financial Resolution and Deposit Insurance) Bill has two major flaws. One, the India banking
North Block versus Mint Road | Business Standard Column–25.12.2017
The Union finance ministry is asking for more money from the Reserve Bank of India (RBI). North Block, headquarters of the ministry, is reported to
MRP stickers: Government extends deadline for selling pre-GST stock with revised MRP till March 31, 2018 – The Economic Times–24.12.2017
The government has extended the deadline for sale of pre-GST stocks with stickers of revised maximum retail price (MRP) till March 31, 2018, Minister of
RBI: Don’t await nudge to resolve stressed loans: RBI to banks – The Economic Times–23.12.2017
The Reserve Bank of India advised banks to start insolvency proceedings against defaulting lenders without waiting for the regulator’s instructions. Prompt action by lenders will
Income Tax: You can shift residence, fudge address but you can’t avoid income tax notice anymore – The Economic Times–23.12.2017
Any of the following databases can be used to get your correct address to send you the communication. Avoiding income tax notices by fudging addresses
Niti Aayog: GST regime to stabilise in next 18 months: Niti Aayog Vice Chairman Rajiv Kumar – The Economic Times–23.12.2017
The Goods and Services Tax (GST) regime would get stabilised in the next 18 months, Niti Aayog Vice Chairman Rajiv Kumar said today. “Give us
70 complaints filed with Anti-Profiteering Authority: Govt Business Standard News–23.12.2017
As many as 70 complaints have been filed with the Anti-Profiteering Authority, which deals with cases under the GST regime, the finance ministry said today.
Banking: RBI warns against further downside risk for banking and economy – The Economic Times–22.12.2017
Reserve Bank of India has warned against further downside risk for the banking sector as asset quality concerns are far from over while it said
Improve competitiveness to scale up expots, says Economist Gita Gopinath – The Financial Express–22.12.2017
Blaming disruptions caused by the GST implementation for sluggish exports, noted economist Gita Gopinath has said the country will have to become more competitive if
India’s financial sector facing considerable challenges: IMF – The Financial Express–22.12.2017
India’s financial sector is facing considerable challenges with high non-performing assets and slow deleveraging and repair of corporate balance sheets testing the resilience of the banking
Three reasons why Nomura sees RBI’s key policy rates unchanged in 2018 – The Financial Express–22.12.2017
After the apex bank, in its bi-monthly policy review held earlier this month, kept policy rates unchanged, global research firm Nomura says that RBI’s key
Exports–What industry expected when Modi government implemented GST – The Financial Express–22.12.2017
With the introduction of the Goods and Services Tax (GST), industry expected the government to continue to work towards a robust and faster indirect tax
How to revitalise Indian economy? Answer is here – The Financial Express–22.12.2017
The monetary policy of the Reserve Bank of India (RBI) announced on December 6, 2017, acknowledges that the growth of real gross value-added accelerated during
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