Small road transport operators will face challenges during the transition period of e-way bill rollout as compliance cost would go up, rating agency India Ratings
Month: April 2018
India has 19 crore adults without a bank account despite success of ambitious Jan Dhan Yojana, says World Bank – The Financial Express–20.04.2018
India has 19 crore adults without a bank account despite the success of the ambitious Jan Dhan Yojana, making it the world’s second largest unbanked
UIDAI brings new QR code for offline Aadhaar verification; top updates | Business Standard News–20.04.2018
To shield the crucial information and add an extra level of privacy to Aadhaar against any sort of tampering, the Unique Identification Authority of India (UIDAI) has introduced an
New ITR forms: How the changes will affect you when you file your returns | Business Standard News–20.04.2018—-*****
The income tax department has released the ITR forms for income tax return filing for the Financial Year (FY) 2017-18. Even though only the PDF version has
Indian banks’ NPA woes: Privatisation no solution; stronger watchdog maybe? | Business Standard News–20.04.2018
To many economists, the solution to India’s bad-loan crisis appears as obvious as the problem: Privatize state-owned banks, which have racked up billions more in
Falling apparel exports – Business Line–20.04.2018
India’s apparel exports have dropped about four per cent to $16.7 billion in 2017-18. This is alarming, as this is the first reversal after years
India to be the world’s fastest-growing major economy in 2018: Poll – Business Line–20.04.2018
India will claim the top spot among the world’s fastest-growing major economies this year, but rising trade tensions between the United States and China may
Kotak Bank’s rise: Deserts of Diligence–Economic Times–20.04.2018
Kotak Mahindra Bank on Monday surpassed India’s largest lender State Bank of India (SBI) in market value to become the second most valued lender in
Reserve Bank of India – Speeches–Deputy Governor Mr. N. S. Vishwanathan–19.04.2018—–*****
1. Chief guest, Shri M. Damodaran, Dr. Dhingra, Director NIBM, other dignitaries on the dais, distinguished bankers, faculty and staff of the institution, proud parents,
Ghost of demonetisation haunts Government, RBI: Chidambaram – The Economic Times–19.04.2018
“Why are ATMs still bring re-calibrated even 17 months after demonetisation?” Chidambaram asked in a tweet. Former Finance Minister P. Chidambaram on Wednesday attacked the
china us trade war: India may become surprise victim of trade war, says Rabobank – The Economic Times–19.04.2018—–*****
India’s economy will be hit hard by a combination of a global tariff war and the U.S. Federal Reserve’s monetary tightening cycle, according to a
bad loans: RBI worried over rise in one-day default norms breach – Times of India–19.04.2018
Reserve Bank deputy governor NS Vishwanathan on Wednesday raised concerns over the large number of borrowers failing on the one-day default norm, and asked the
PSB Privatisation: Former Sebi chief M Damodaran squarely blames Delhi politicians for PSB mess – The Economic Times–19.04.2018
Former Sebi chairman M Damodaran blamed the telephone calls from Delhi to Mumbai for the myriad problems that public sector banks face now and warned
Prabhu promises exporters to take up GST refund issue – The Economic Times–19.04.2018
Commerce and Industry Minister Suresh Prabhu on Wednesday assured exporters of taking up the issue of Goods and Service Tax (GST) refund with the finance
India must fully implement GST to avoid tax revenue underperformance: IMF – The Financial Express–19.04.2018
India, which has recovered from disruptions caused by demonetisation and the rollout of the GST, must fully implement the new nationwide indirect tax to avoid
Aadhaar’s biometric authentication can be misused, says Supreme Court – The Financial Express–19.04.2018
If biometric authentication is attached to every transaction entered into by a person, it would “form a wealth of information” necessitating the need for data
New NPA resolution norms outcome oriented, flexible: RBI – The Financial Express–19.04.2018
Defending the Reserve Bank of India’s (RBI) norms on resolution of banks’ non-performing assets (NPAs), or bad loans, announced in February, RBI Deputy Governor N.S.
Digital threat: Govt needs to shore up cybersecurity infrastructure | Business Standard Editorials–19.04.2018
Given the strong emphasis on the Digital India Initiative and the massive reliance on information technology (IT) to run key policy measures, such as the
Insolvency: Electrosteel becomes first of ‘Dirty Dozen’ to be resolved under Insolvency Code–18.04.2018
Anil Agarwal, chairman of the Vedanta Group told BloombergQuint that the Vedanta Group would look to complete the process of taking over Electrosteel Steels very
SBI: Cash crunch artificial, more money in circulation than before DeMo: Rajnish Kumar, SBI–18.04.2018
Cash crunch situation overrated, dispensing Rs 33K cr cash daily: SBI Chairman In an interview with ET Now, Rajnish Kumar, Chairman, SBINSE -0.34 %, says the bank had
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