The Reserve Bank of India today launched Financial Literacy Week across the country with customer protection as its main theme. The event will focus on creating awareness among customers
Day: June 5, 2018
‘Hand of government’ lifts March-quarter GDP growth to 7.7 per cent, says HSBC report – The Financial Express–05.06.2018
On one hand, while manufacturing and agriculture growth rose, exports and private consumption disappointed, it added. The “hand of government” was the main driver behind
Location of supplier to be that of bank account: GST clarification – The Financial Express–05.06.2018
The location of a supplier will be the state in which the person holds a bank account even if bank branches of other locations are
Here’s what Suresh Prabhu is doing to boost India’s exports – The Financial Express–05.06.2018
As many as 15 projects were approved under by a commerce ministry scheme to develop infrastructure for promoting exports. (Image: Reuters) As many as 15
RBI must increase liquidity, wait to raise repo rates – The Financial Express–05.06.2018
While rising inflation could prompt RBI to harden its stance post the monetary policy review on Wednesday, even if it doesn’t actually hike the repo,
Vedanta enters steel with acquisition of Electrosteel Steels, to hold 90% | Business Standard News–05.06.2018
Anil Agarwal-promoted Vedanta Ltd announced on Monday that it has acquired the control of Electrosteel Steels Ltd (ESL) under a resolution plan that became effective Monday. “Pursuant
Simplicity as seen by tax officials | Business Standard Column–05.06.2018
In a welcome reversal of its earlier stand, the Central Board of Indirect Taxes and Customs (CBIC) has said Integrated Goods and Services Tax (IGST) will not be payable
Credit note must show tax rate and tax amount, says expert | Business Standard News–05.06.2018
As per Rule 53(i) of the CGST Rules, 2017, the rate of tax and the amount of tax must be shown in the credit note
Monetary policy can only turn hawkish – Business Line–05.06.2018
For the MPC, the good news is the buoyant fourth quarter GDP number, the bad news is the rising crude price The second bi-monthly Monetary
Economy–Repair and recover | The Indian Express–05.06.2018
GST itself has stabilised, as businesses have adjusted to the new indirect tax regime, leading, in turn, to better compliance and revenue buoyancy. Slowly and
With riders: Sebi exempts IBC firms from delisting norms | The Indian Express–05.06.2018
Certain relaxations have also been extended to insolvent entities with respect to regulations pertaining to substantial acquisition of shares and takeovers as well as issue
Don’t finalise Binani Cement asset sale till further orders: Supreme Court | The Indian Express–05.06.2018
The Supreme Court Monday restrained finalisation of the sale of assets of the bankrupt Binani Cement without its prior approval. However, it allowed the debt
SC restrains finalisation of Binani Cement asset sale till further orders–Deccan Chronicle–05.06.2018
The Supreme Court on Monday restrained finalisation of sale of assets of Binani Cement Ltd without its prior approval but allowed the debt resolution process