Public sector banks may need capital of Rs 2.06 trillion for a credit growth of the 8-9 per cent in the financial year 2019, says
Month: February 2018
Additional 3 crore free LPG connections to cost Rs 4,800 crore–deccan chronicle–09.02.2018
As many as 3 crore additional free cooking gas (LPG) connections will be given to poor households by March 2020 at an extra expense of
Budget 2018: Modi govt’s economic policy a betrayal, says Chidambaram – The Economic Times–09.02.2018
Watch: Chidambaram shoots ’12 questions’ at Modi govt over economic policy Former finance minister and Congress leader P Chidambaram picked holes in the government budget
insolvency: Separate route on anvil for individual insolvency cases – The Economic Times–09.02.2018
The code for individual insolvency is likely to be implemented in phases, according to officials. The corporate affairs ministry has asked debt recovery tribunals (DRTs)
Get a better market for stressed assets–Economic Times–09.02.2018
The insolvency resolution process in India continues to be a work in progress, the rules being amended to make the resolution professional obtain a fair
Prudence needed: RBI’s policy signals end of interest rate cuts and flags new risks–Times of India–09.02.2018
RBI’s monetary policy committee (MPC) kept its interest rate unchanged at 6% yesterday. This decision was in line with financial market expectations. But MPC’s analysis
You promised 20 mn jobs a year, where are they: Chidambaram’s poser to Modi | Business Standard News–09.02.2018
Senior Congress leader P Chidambaram on Thursday attacked the NDA government over its last full budget before the general elections, insisting it would ramp up
Budget 2018 to aid growth, but with higher inflation, weaker fiscal balance | Business Standard Column–09.02.2018
With eight state elections in 2018 and the national election to follow by spring 2019, Finance Minister Arun Jaitley’s fifth Budget had to balance economic
Options to de-stress public sector banks | Business Standard Column–09.02.2018
Several options are being considered to address the NPA problem of public sector banks, sometimes on a standalone basis and, sometimes in conjunction with other
Support for export promotion schemes to cross ₹1 lakh crore this fiscal: Prabhu – Business Line–09.02.2018
Financial support for exporters through various export promotion schemes is likely to cross ₹1,00,000 crore in 2017-18, Commerce and Industry Minister Suresh Prabhu said. The
Focussed spending, but deficit a concern – Business Line–Mr C Rangrajan–09.02.2018
While the need to push growth can be a good excuse, slipping frequently on the fiscal deficit undermines credibility Budget 2018-19 had to be presented
The NDA needs better economists – Business Line–09.02.2018
Textbook adherence to fiscal discipline, thanks to its current crop of advisors, forced the Centre to ignore critical areas The Economic Survey assesses that the
‘Taxes on capital hitting investments’ – The Hindu–09.02.2018
Less than a week after the Union Budget was presented, Reserve Bank of India (RBI) Governor Urjit Patel expressed concern over the government’s move to
Behind the plunge | The Indian Express–09.02.2018
The last few days have seen stock markets witness a sharp fall and high volatility. Developments in the Indian markets are related both to global
Banks set to raise lending rates, pre-empting RBI | Hindustan Times–09.02.2018
India’s struggling economy is facing a new challenge: Banks are raising interest rates even though the central bank is leaving its rates unchanged, as risks
Union Minister Giriraj Singh: Govt expects to finalise roadmap for MSME bad loans b March–Economic Times–08.02.2018
The government expects to finalise a road map for resolving the bad loans issue in the MSME sector by March, Union Minister Giriraj Singh said.
Budget 2018: How Jaitley’s circle rate move will impact real estate deals | Business Standard News
Property buyers and sellers in metros, especially in upmarket localities, won’t need to pay additional tax if the difference between the agreement and stamp duty
Tweaks and mandates: The wrong way to build a corporate debt market | Business Standard Editorials
Included in Finance Minister Arun Jaitley’s presentation of the Union Budget to Parliament last week was a package of statements and proposals aimed at increasing
Higher MSPs won’t help: Budget 2018 has other steps to allay rural distress | Business Standard Editorials–08.02.2018
The debate on the agricultural package in the 2018-19 Budget is bogged down with the issue of minimum support prices (MSP) of crops, disregarding some
Policy rates: Expect a long pause from RBI from here, say analysts – The Economic Times–08.02.2018
RBI today kept interest rates unchanged for the third time in a row saying that higher govt spending would accelerate inflation. Rating agencies said today
aniltikotekar4sme.com 