How is the government planning to tackle the infrastructural issues that are plaguing the large cities in India? Infrastructure is key to development of any
Day: March 7, 2018
State-run banks facing over USD 3 billion of losses on bonds in Jan-March: Credit Suisse–Business Today–08.03.2018—–*****
India’s state-run banks – already bruised by the sprawling Punjab National Bank fraud case and soaring provisions for bad loans – are facing much higher
Banks need to overcome problems fast to lend large credit: Ex-RBI guv Rangarajan | business news | Hindustan Times–08.03.2018
Indian banks need to overcome their current problems quickly to be able to lend in large amounts, former Reserve Bank governor C Rangarajan has said.
Sharp correction: on stock market volatility – The Hindu–08.03.2018
Investors who expected 2018 to be yet another blockbuster year for stocks may have to temper their expectations. After a strong start to the year,
Interest rates, not oil, a worry for India: Ray Dalio–Economic Times–08.03.2018———-**********
Ray Dalio Exclusive: More optimistic about India than any other country In 2007, he predicted the end of the US housing boom. In 2008, he
MSMEs: Online lenders make a wishlist to boost funding for MSMEs–Economic Times–08.03.2018
The finance ministry has set up an expert committee to look at the ways in which fintech platforms can help bridge funding to MSMEs. Access
Central Board of Direct Taxes–Little to fear from LTCG-tax regime – The Financial Express–Surabhi Ahluwalia, Official spokesperson, 08.03.2018
LTCG on unlisted equity shares continued to be taxed after providing for indexation. The author has stated “that the LTCG formulation is not only flawed
Bankrupt MSME promoters may be allowed to bid for their companies | Business Standard News–08.03.2018
The insolvency law committee, headed by the Ministry of Corporate Affairs Secretary Injeti Srinivas, is expected to suggest significant changes in the Insolvency and Bankruptcy
GST: E-way bill must for intra-state goods movement from June 1 – The Economic Times–07.03.2018
All states shall have to compulsorily implement the national e-way bill system for intra-state movement of goods by June 1, the government said on Tuesday.
Highest bidder right choice under IBC–Economic Times–07.03.2018
The government has done the right thing by instructing public sector banks to go by the value of the bid while assessing alternate offers for
India needs to grow at 8-9% for next two decades to solve social issues, says former RBI Governor C Rangarajan – The Financial Express–07.03.2018—–*****
India needs to grow at 8 to 9 per cent for the next two decades to be able to address problems related to poverty and
Cash signals: Trend reversion questions formalisation of the economy after DeMo and GST – The Financial Express–07.03.2018—–*****
A complete parallel economy now perhaps operates off the radar and in cash; one counterpart of this may be the believed underreporting of transactions under
Rupee’s tightrope walk: There is increase dollar demand – Know why – The Financial Express–Mr. Jamal Mecklai—07.03.2018—–*****
The Nirav Modi scam has a direct impact on the forex market. Foreign branches of Indian banks have closed down the buyers’ credit window to
80:20 gold import scheme: The fire behind the smoke in UPA’s policy | Business Standard News–Mr. Rajesh Bhayani–07.03.2018—–*****
When, on 13 May 2013, jewellers were busy selling hundreds of tonnes of gold imported during the past month-and-a-half on Akshya Tritiya day, the country’s
Growth recovery visible; sentiment poor | Business Standard Column–Devangshu Datta–07.03.2018—–*****
The Q3 GDP data indicates that there is some sort of growth recovery. In turn, this suggests that the impact of the Goods and Services
[ Interest ] Rate reversal – Business Line–07.03.2018
The decision by the country’s largest bank, SBI, and other lenders such as ICICI Bank, Axis Bank and PNB to hike their lending rate across
If trade war breaks out, stand and watch–Economic Times–07.03.2018
US President Donald Trump’s move to impose tariffs of 25% on imported steel and 10% on imported aluminium, in the name of protecting domestic industry
PSU banks need an ethical business environment | opinion | Hindustan Times–07.03.2018
Janmejaya Sinha While reforming the PSBs, the State Bank of India can remain majority government owned because of its size and importance, but it should
India’s unemployment rate jumps at 15-month high: reaches 31 million as of 25th Feb-2018–CMIE–Deccan Chronicle–07.03.2018
The unemployment rate had reached a 71-week high in the week ended February 25, according to CMIE. The number of persons unemployed and are actively
NBFCs: govt’s timely warning–Deccan Herald–07.03.2018
The government’s decision to declare 9,491 non-banking finance companies (NBFC) as belonging to the high-risk category may have been prompted by the discovery of a
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