This is Finance Minister Arun Jaitley’s last chance: the 2018-19 Union Budget, scheduled for February 1, will be Jaitley’s fifth Budget. With the Lok Sabha
Day: March 2, 2018
The Indian Economy Limbers Up-Minhaz Merchant – BW Businessworld–02.03.2018
As the BJP and Congress internalise the lessons of the 2017 Gujarat assembly election, two questions arise. First, how will Prime Minister Narendra Modi calibrate
Great Stress Test-Chaitanya Kalbag – BW Businessworld–02.03.2018
Since you all love acronyms for the Good and Simple Tax and the Grand Stupid Thought, the headline is my humble contribution to your lexicon.
Do not stymie banks with knee-jerk fiats–Economic Times–02.03.2018
Yes, it is important for the government to be seen to be responsive to serious fraud at public sector banks, especially in the current, politically
Growth inches up: GDP data shows economy is recovering but consumption growth slowdown is worrying–Times of India–02.03.2018
The economy grew at 7.2% in the October-December quarter, the fastest pace of growth we have seen in a little over a year. The positive
GST anti-profiteering application complaint form being made simpler | Business Standard News–02.03.2018
Filing complaints against companies for not passing on the benefits of tax reduction under the goods and services tax (GST) regime is to become simpler.
Correcting misinformed impressions about NPAs and bad banks | Business Standard Column–02.03.2018—–*****
Two features about non-performing assets (NPAs) deserve exploration. First, prevailing impressions about banks and NPAs, such as: Large borrowers are primarily responsible for non-performing loans;
New regulator to discipline auditors is born – Business Line–02.03.2018
As part of the government’s effort to strengthen oversight of the audit profession, the Union Cabinet on Thursday paved the way for an independent regulator,
PNB fraud fallout: Wary banks choke MSMEs’ credit lines – Business Line–02.03.2018
Some banks are demanding 110% margin from importers, says industry body Call it the PNB scam fallout. Micro, small and medium enterprises (MSMEs) are facing
Low interest rate party over: Here is why top banks hiking MCLR is not good news | The Indian Express–02.03.2018
A day after the Central Statistics Office’s data confirmed that the Indian economy was firmly on the road to recovery, with annual growth in gross
‘Don’t use bank scams as an excuse to privatise’ | The Indian Express–02.03.2018
Poorly regulated private banks are even more prone to scams and failure, as the financial sector is rife with information asymmetries and market imperfections. Eminent
[Health Insurance] Right to care | The Indian Express–02.03.2018
Most health insurance policies in India have a clause that excludes “genetic disorders” as grounds for mediclaim reimbursement. On Monday, the Delhi High Court ruled
[Economy] A cautious hope | The Indian Express–02.03.2018
Before this year’s budget, the Economic Survey had suggested that economic management would be challenging in the coming year. Amid the negative sentiment because of
Indian economy is bouncing back, but 7% growth might not be high enough | Mihir Sharma | business news | Hindustan Times–02.03.2018
It’s hard to cheer a recovery when you shouldn’t have had anything to recover from in the first place.(Prashanth Vishwanathan/Bloomberg) The Indian economy has been
Rising bond yields in India are driving away the country’s biggest banks | business news | Hindustan Times–02.03.2018
State Bank of India posted its first quarterly loss in 17 years in the three months through December 31, partly due to a decline in
A judicial crisis is at hand–Deccan Herald–02.03.2018
The problem of shortage of judges is becoming more and more acute, with vacancies in the country’s higher judiciary increasing by the month. There never
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