One of the most important statements made in recent times by the government was the declaration of its intention to double farmers’ income by 2022.
Month: April 2018
Demonetisation in India: Cash is back as king; at record high level–Deccan Herald–11.04.2018
A year-and-a-half after the note ban, cash circulation has returned to its peak levels despite several measures initiated by the government to increase digital transactions.
MSME Ministry, GSTN to soon ink pact for data sharing–Deccan Chronicle–11.04.2018
The MSME ministry will soon sign an agreement with GSTN, the IT backbone of GST, for sharing of data related to small and medium enterprises
Supreme Court rebuts Centre’s arguments on privacy infringement in Aadhaar case | india news | Hindustan Times–11.04.2018
The Supreme Court today rebutted the Centre’s defence that collection of biometric details has not infringed the right to privacy of the citizens even if
Inflation: India could face high inflation, low growth – Mr. Madhavan Kutty–The Economic Times–11.04.2018—–*****
The Reserve Bank of India‘s (RBI) bi-monthly monetary policy announced on April 5 maintained a status quo on rates but it contains a strange contradiction. This
home loans: Self-employed pie in home loan grows, so do defaults – The Economic Times–11.04.2018
HFCs also get better returns from lending to the self-employed. A subdued loan demand from businesses is increasing competition in home loans, leading to a
Clear the banking mess and let small businesses thrive–Economic Times–11.04.2018
It is disconcerting that half the country’s state-owned banks are now under the RBI’s watch-list for their deteriorating health. Reportedly, more banks could come under
Why India’s oil economy needs prudent supply management – The Financial Express–11.04.2018—–*****
International prices of crude oil have been ruling firm in March 2018, close to $70 per barrel. Several factors are responsible for this buoyancy, which
Boldly but carefully | Business Standard Editorials–11.04.2018
There is a new and palpable energy to the authorities’ attempts to run down cases of financial fraud that involve India’s banking sector. This is
Hope for progress this financial year | Business Standard Column–
The new financial year has started on a positive note, despite the protectionist measures of America and retaliation by China. The Reserve Bank of India (RBI) has said
Changes in the ITR Form: Key questions answered | Business Standard News–11.04.2018
The government has notified new Income-Tax Return (ITR) forms for 2018-19. These forms require some additional disclosures from assessees. Archit Gupta helps understand these changes in this
If recipient fails to pay supplier in 180 days, he loses ITC and interest | Business Standard News–11.04.2018
A person who provides services to us says that under the GST laws we have to pay him within six months. We are in financial
Why Chanda Kochhar must resign – Business Line–11.04.2018
Propriety, and the high standards of corporate governance that the bank swears by, demand that she step down right now Nemesis for many celebrities comes
The hard choice: Banking over banker–Economic Times–11.04.2018
At a time when public confidence in banking has been shaken — 16% of banks’ asset portfolio is stressed, 11 public sector banks are in
For smoother resolution – Business Line–10.04.2018
The Insolvency Committee has addressed many contentious issues plaguing resolution process In view of conflicting rulings by the National Company Law Tribunal (NCLT), numerous appeals,
Centre can’t punish Southern states for implementing national policies: Kerala FM | india news | Hindustan Times–10.04.2018
As protest over plan allocation criteria for states gets louder, CPI(M)-ruled Kerala has taken the lead by convening a meeting of the finance ministers of
How banks can improve recoveries under Insolvency and Bankruptcy Code – The Financial Express–09.04.2018
PSU banks have not been able to achieve significant improvement in recoveries even post the enactment of the Insolvency and Bankruptcy Code (IBC). We believe
Amending IBC: Need clarity how home buyers will be protected, says expert | Business Standard Column–09.04.2018
The recommendations of the Insolvency Law Committee appointed by the Ministry of Corporate Affairs if accepted will give a fresh boost to the Insolvency and Bankruptcy Code
New ITR form seeks salary break-up, more disclosures from taxpayers | Business Standard News–09.04.2018
New ITR forms seek more disclosures The new Income Tax Return (ITR) forms released for the assessment year 2018-19 seek more details from taxpayers than they did in the previous
Think out of the box on fiscal policies, says NITI aayog | Business Standard News–09.04.2018
Orthodox fiscal and monetary policies, with their sole focus on reducing fiscal deficit by a specific percentage of gross domestic product (GDP) and maintaining inflation, were criticised
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