India needs more tax payers. Countries where people paid more income taxes are ones that developed for various reasons. The relationship between State and the
Month: February 2018
Across the aisle: More voices against Budget provisions | The Indian Express–24.02.2018
February 2018 taught me — and I hope many others — a lesson in politics: that 25 years are long enough to erase memories of
Two years on, skill training yet to take off in many states | india news | Hindustan Times–17.02.2018
Halfway through an ambitious scheme by the federal government to train 6 million young people, some State governments, which were to train 1.5 million of
Budget’s cess hex on fiscal federalism–Economic Times–17.02.2018
The Centre proposes to appropriate much of the taxes and duties on petroleum products, at the expense of state governments. The Budget proposes to label
The PNB fraud: A clear cut case of no systemic accountability | Business Standard Column–17.02.2018—–*****
If you lend someone money, you run the risk of not getting it back. If you allow others to make financial commitments on your behalf,
Centre, RBI have given a big leg-up to MSME sector, says PHDCCI chief – Business Line–17.02.2018
The Centre and the RBI’s recent policy initiatives to boost the MSME sector will go long way in expanding the contribution of manufacturing to overall
ITSL partners with Flexiloans, others to fulfil MSMEs short-term capital needs – The Economic Times–16.02.2018—–*****
India Transact Services Ltd. (ITSL), an omni-channel merchant digital payment solutions company and a Group company of AGS Transact Technologies Ltd., is strengthening its merchant
Tax collection assumptions in India’s budget ambitious: IMF – The Financial Express–16.02.2018—–*****
The IMF today said the tax collection assumptions in India’s budget is ambitious but there is a need to look into the fiscal implications of
Exports up 9 pct in January; trade deficit widens to over 3 yr high – The Financial Express–16.02.2018
India’s exports grew by 9 per cent to USD 24.38 billion in January, helped by a healthy growth in shipments of chemicals, engineering goods and
Expect more NPAs to come under IBC resolution – The Financial Express–16.02.2018—–*****
The Reserve Bank of India has come out with revised guidelines, setting out a framework for timely resolution of stressed assets through the use of
Why banks will likely fail to recover Rs 3 trillion from loan defaulters | Business -Standard News–16.02.2018—–*****
The Reserve Bank of India’s (RBI’s) new framework for stressed loans that would classify any default in one lender bank as a default in all
Crude pricing: Politically-motivated tinkering of oil could prove costlier | Business Standard News–16.02.2018
Oil prices on Thursday extended gains, pushed up by a weak dollar and by comments from Saudi Arabia that it would rather see an undersupplied
Gem of a scam: On PNB fraud – The Hindu–16.02.2018
A regulatory filing to the stock exchanges by Punjab National Bank has blown the lid off a ₹11,500-crore fraud. Perhaps the largest such scam in
PNB fraud case: System circumvented for 6 years–Deccan Chronicle–16.02.2018
The caution notice that Punjab National Bank chief has issued to other bank chiefs is self revelatory for not only does it provide details of
Is huge fraud at PNB really an aberration?–Deccan Chronicle–16.02.2018
The Reserve Bank, which does a regular inspection of banks in this country, could possibly examine the risk management lapses more closely. Banks grappling with
PNB fraud is a big headache for Allahabad Bank, Axis Bank, Union Bank, SBI–Business Today–16.02.2018
On Wednesday the country’s fourth largest bank lost nearly 10% of its market cap, around Rs 3,800 crore, following news of a 7-year-old, $1.77 billion
PNB fraud: Bengaluru trader says no action taken on Mehul Choksi after his 2016 complaint | IndiaToday–16.02.2018—–*****
A Bengaluru businessman who last year accused Gitanjali Gems MD Mehul Chowksi of perpetrating fraud involving the loss of thousands of crores of public money,
न बुजलेल्या फटी – अग्रलेख महाराष्ट्र टाइम्स–१६.०२.२०१८
पंजाब नॅशनल बँकेला त्याच्या काही अधिकाऱ्यांनी नीरव मोदीशी हातमिळवणी करून दिलेला हजारों कोटींचा झटका म्हणजे आपल्याकडे शहाणपण आले नसल्याचेच निदर्शक आहे. सार्वजनिक बँकांना पद्धतशीरपणे लुटण्याचा
Urjit Patel Comment On RBI and Union Budget 2018 | ‘महाग’ पावलांचे, जडभार परिणाम | Valentine Day 2018 : Loksatta
रिझव्र्ह बँकेने आपल्या सलग तिसऱ्या पतधोरण आढाव्यात ‘रेपो दर’ आहे त्या स्थितीत कायम ठेवण्याचा निर्णय घेतला. वस्तुत: हे अनपेक्षितही नव्हते. त्यापेक्षा प्राप्त परिस्थितीचे रिझव्र्ह बँकेकडून
Modicare: Will it work?
On February 1, about 41 minutes into his Budget 2018 speech, Union finance minister Arun Jaitley delivered the piece de resistance: “Madam speaker, my government
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