The passage on Wednesday of this year’s finance bill, 21 amendments in tow, marks a low in the Indian Parliamentary process. Over the years, disruptions
Month: March 2018
Media think they’re on a pulpit: CJI – The Hindu–16.03.2018—–*****
Chief Justice of India Dipak Misra said on Thursday that the press should not think they are “sitting on some pulpit.” The Chief Justice’s remarks
Credit tangle: on LoU ban – The Hindu–16.03.2018
A month after the ₹12,800-crore letters of undertaking (LoUs) fraud at Punjab National Bank came to light, the Reserve Bank of India has decided to
Fugitive Economic Offenders Bill: To seize and punish – The Hindu–16.03.2018
The Fugitive Economic Offenders Bill, 2018, which was introduced in the Lok Sabha this week, aims to provide for measures to deter fugitive economic offenders
रिझर्व बँकची प्रतिक्रिया –अग्रलेख लोकसत्ता | निष्क्रियांची सदिच्छा | –१६.०३.२०१८
अस्तित्वावरच जेव्हा नाकर्तेपणाचे प्रश्नचिन्ह उभे राहते तेव्हा अशक्तातील अशक्तदेखील ताठ उभा राहतो आणि निकराचा प्रतिहल्ला करतो. रिझव्र्ह बँकेचे गव्हर्नर ऊर्जित पटेल यांनी नेमके हेच केले.
Too drastic a solution: Ban on letters of undertaking needs to be reviewed | Business Standard Editorials–16.03.2018
The Reserve Bank of India (RBI) appears to have overreacted to the Nirav Modi scandal with its decision to discontinue the issue of letters of
Nirav Modi | Urjit Patel: How Nirav Modi made a reticent Urjit Patel turn eloquent–Economic Times–15.03.2018
Mr. Urjit Patel, the Governor of the Reserve Bank of India (RBI), has been known to be a man of few words. His reticent image
Export sector on edge as US locks horn with India on subsidies – The Economic Times–15.03.2018
The US’ decision to challenge Indian export subsidy schemes at World Trade Organisation (WTO) is an area of grave concern for domestic traders and the
PNB scam: After 31 top defaulters flee, India seeks to shut the gates – The Economic Times–15.03.2018
The Modi govt has now asked banks to provide passport details of people associated with soured loans of more than 500 million rupees. India has
RBI | Urjit Patel: RBI’s regulatory powers over PSBs are weaker than those over private sector banks: Urjit Patel–Economic Times–15.03.2018
The banking regulator also said that banks can keep large buffers in their capital structure to bear the losses which occur due to such frauds.
Income Tax Notice: 6 tax notices you may get and how to cope with them – The Financial Express–15.03.2018
While income tax notices may not be as exciting as the fake winning prize notices, they are real and the prize that you will receive
One common thing Moody’s, S&P and Fitch say about Modi’s demonetisation – The Financial Express–15.03.2018
With a lot being said about Narendra Modi-led government’s note-ban in 2016, demonetisation is again in the news as global rating agency Fitch has pegged
Why a constructive debate has opened up with regard to the imposition of LTCG tax – The Financial Express–15.03.2018
The CBDT is absolutely correct in stating that it was not the Kelkar 2002 task force that recommended the abolishment of the LTCG tax. It
Export growth: Slow GST refunds, volatile currency may hit Feb numbers, too | Business Standard News–15.03.2018
The slowdown seen of late in India’s export growth rate is likely to continue in February as well, thanks to a slow disbursement of Goods
Govt-as-investor in public sector banks | Business Standard Column–15.03.2018
Everybody’s favourite topic these days is the need to privatise public sector banks (PSBs), especially after the scam at Punjab National Bank (PNB). Will the
Flipping the protectionist coin | Business Standard Column–15.03.2018
Budget 2018 elicited a range of reactions from all corners. While many were sceptical about the announcements, more sanguine individuals hoped for crucial amendments in
Too drastic a solution: Ban on letters of undertaking needs to be reviewed | Business Standard Editorials–15-03-2018
The Reserve Bank of India (RBI) appears to have overreacted to the Nirav Modi scandal with its decision to discontinue the issue of letters of
GST one of the most complex, has second highest tax rate: World Bank report | business news | Hindustan Times–15.03.2018
The goods and services tax (GST) implemented by the Narendra Modi government from 1 July last year is one of the most complex with the
Give the RBI a bigger stick to deal with state-run banks in India | business news | Hindustan Times–15.03.2018
It wouldn’t be an exaggeration to think of India’s 21 state-run lenders as one gigantic bad bank that’s financially fragile, operationally weak, and forever in
Don’t cut corners on India’s defence needs | editorials | Hindustan Times–15-03-2018
It is a rare display of displeasure by the country’s armed forces. In a report presented to Parliament on Tuesday, the Standing Committee on Defence
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