Pitching for radical reforms in the banking sector, Chief Economic Adviser (CEA) Arvind Subramanian today said that time has come for rethinking on the ownership
Day: March 23, 2018
PNB fraud: Nirav Modi Fraud: PNB to beef up its system, processes for lending – The Economic Times–23.03.2018
Hit hard by the Rs 13,000 crore scam, PNB has decided to tighten loan disbursement and set up a monitoring mechanism to check loan slippages
ayushman bharat: New national scheme can boost health cover penetration to 50% – The Economic Times–23.03.2018
The just-announced National Health Protection Scheme that seeks to offer health cover to 11 crore poor families, can boost health insurance penetration to over 50
PNB Fraud: Bank likely to slap civil case on staff linked to Nirav Modi–Economic Times–23.03.2018
Investigations into the Punjab National Bank fraud have found that some employees had created assets and maintained bank accounts abroad which the management and investigators suspect
RBI | Public Sector Bank: RBI asks PSB auditors to step up vigil, spot ‘scams’–Economic Times–23.03.2018
Battling with frauds and dodgy borrowers, the Reserve Bank of India (RBI) has asked auditors of state-owned banks to watch out for unrealistic cash-flow projections
Fed rate hike makes inflation a concern–Editorial in Economic Times–23.03.2018
The Federal Reserve’s decision to raise policy rates by 25 basis points to 1.75% and forecast a steeper path of hike in 2019 and 2020
After Paul Krugman warns of ‘mass unemployment’, Raghuram Rajan says AI threatens skilled jobs – The Financial Express–23.03.2018
Days after nobel laureate Paul Krugman warned that India could end up in mass unemployment if it fails to upgrade manufacturing and services, former rockstar
Worry for Modi? UBS sees India’s external finances at risk despite high forex reserves – The Financial Express–23-03-2018
India’s record foreign exchange reserves somewhat mask the country’s vulnerability on its external finances. That’s the takeaway from a note by UBS Group AG’s India
India’s CAD trouble to not end soon! ICRA says it may treble to $10-12 billion this quarter – The Financial Express– 23-03.2018
The country’s current account deficit (CAD) is likely to treble to USD 10-12 billion in the fourth quarter of the current financial year, against the
Insolvency resolution stumbles on 4 key issues raised by prospective buyers | Business Standard News–23.03.2018
With prospective buyers of stressed assets challenging the interpretation of clauses in the Insolvency and Bankruptcy Code (IBC) in four key areas, the resolution of
Behind the curve: Facebook data theft underlines India’s lax privacy laws | Business Standard Editorials
Cambridge Analytica (CA), a British firm, is alleged to have harvested the data of over 50 million Facebook users without their permission. It used that
Facebook-Cambridge Analytica scandal: Power to them who control data | Business Standard Column
At long last, the Facebook-Cambridge Analytica scandal might be the wake-up call forcing governments to devote to the social media companies the scrutiny they deserve.
Three weeks past its launch date, UIDAI remains silent on virtual ID | Business Standard News–23.03.2018
Almost three weeks after the promised release date of the specifications of the much-awaited double-layer virtual ID (VID) technology for Aadhaar, the Unique Identification Authority
Aadhaar data unbreachable as UIDAI blind, CEO tells SC: Top 10 developments | Business Standard News–
Trying to allay the fears over security and privacy of Aadhaar, Ajay Bhushan Pandey, the Chief Executive Officer of the Unique Identification Authority of India
Bankruptcy matters – Business Line–23.03.2018
The fledgling Insolvency and Bankruptcy Code is on stress-test. The ongoing resolution process for a clutch of well-known defaulters such as Bhushan Steel, Bhushan Steel
Privacy violations: Facebook’s abuse of personal data calls for tough regulation of tech megafirms
Facebook should pay a heavy price over revelations that it became an accessory for Cambridge Analytica (CA) to game US presidential elections and the Brexit
GST–5 platforms will ease GST return filing for SMEs–Deccan Chronicle–23.03.2018
Six months into the Goods and Services Tax (GST) regime, and still the teething problems persist. While stakeholders are trying to make sense of the
Row over ‘data theft’ a diversionary tactic
The law minister, who also holds charge of information technology, has been fulminating about summoning Facebook’s founder-CEO Mark Zuckerberg to India to explain data theft
CA, Facebook & you – The Hindu
The controversy is a wake-up call to press ahead with a robust data protection law The world has just learned how a data analytics firm,
Is the economy back on track? – The Hindu
YES |Jagdish Shettigar Disturbances on account of demonetisation and GST were purely short term Looking at various indicators such as an increasing trend in the
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