Enthused by 23 notches jump in the World Bank Ease of Doing Business, Finance Minister Arun Jaitley exuded confidence that India can now hope to achieve the
Month: December 2018
Jet Airways in talks with SBI for Rs 1,500 crore loan – The Economic Times
Loss-making carrier Jet AirwaysNSE 2.24 % is in discussions with the State Bank of IndiaNSE 0.91 % for raising Rs 1,500 crore short-term loan to meet its working capital
US shutdown: Prolonged US shutdown threatens to unsettle economy – The Economic Times
The paralysis triggered by the US government shutdown could have unexpected consequences, such as muddying economic statistics just as the markets are extremely reactive to any whiff
Clash of the titans: The battle for India’s giant retail market – The Economic Times
by Haresh Chawla Immovable objects. Unstoppable forces. That’s the metaphor that comes to mind when one thinks of the next phase of India’s ecommerce market.
No blanket powers to 10 agencies to intercept; every action requires prior approval: MHA – The Economic Times
The central government has not given “blanket power” to any agency to intercept information from any computer and they have to strictly adhere to the
Provision coverage ratio of PSU banks on the rise, crosses 66% – The Economic Times
Various initiatives taken by the government have yielded results, with the bad loans of public sector banks (PSBs) declining by over Rs 23,000 crore from
United Insurance in financial strain, situation is precarious: Chairman | Business Standard News
In the past few years, the profits and losses of India’s second-largest general insurance company, United India Insurance (UII), are undergoing a massive swing without any striking
Waiver politics | Business Standard Editorials
Pressure is growing on state governments to step up and waive agricultural loans ahead of the Lok Sabha elections, scheduled for early 2019. Congress President Rahul Gandhi’s
The curious case of the company that handles ‘Get PSB loans in 59 mins’ | Business Standard News
The nameplate at the entrance of Optionz, a commercial building in the heart of Ahmedabad, has changed from CapitaWorld Platform Pvt Ltd to PSB Online Loans Ltd just last
‘Not easy to lower GST rates once prices are set’ – The Hindu BusinessLine
Former FM P Chidambaram says Congress State FMs unlikely to oppose changes in the GST regime for the sake of the Opposition Convergence of the
RBI exhorts urban coop banks to become small-finance banks – The Hindu BusinessLine
UCBs with a minimum net worth of ₹50 crore and a CRAR of 9% and above are eligible for a voluntary transition In a bid
IL&FS probe: CA Institute to follow own course; next hearing on Jan 12 – The Hindu BusinessLine
After the ₹90,000-crore IL&FS Group blowout came to light, the CA Institute had held the signing partners of the three top audit firms prima facie
Modi govt crackdown on Amazon, Flipkart to hurt online shoppers – ThePrint
India’s new rules for foreign e-commerce platforms may be designed to protect local companies from Amazon.com Inc. and Walmart Inc., but consumers are likely to
Five major challenges that shook India’s economy in 2018–The Print
From GST to RBI to NPAs, both institutions and governance had a turbulent ride. The year 2018 saw significant challenges for the Indian economy. Implementation
AAAR okays GST on inter-state office services – The Economic Times
In a blow for companies with a presence in multiple states, the Karnataka Appellate Authority for Advance Rulings has upheld the levy of goods and services tax
View: Is the new e-commerce policy really new? – The Economic Times
By Ruppal W Sharma At first glance, the amendments announced by GoI on December 26 on regulations for e-commerce retailers appear rather drastic. But is
RBI to set up compliance portal to track cyber fraud – The Economic Times
The Reserve Bank of India (RBI) would set up a compliance and tracking system portal to tackle the proliferation of cyber-fraud and seeks to establish a better
MSME: How alternative lending models are facilitating better access to credit for the MSME sector – The Economic Times
By Gaurav Kumar Nearly 60 million businesses comprise the MSME (Micro, Small, and Medium Enterprises) sector in India, which is responsible for driving a substantial amount of
Government plans to sanction one crore houses before 2020 – The Economic Times
More than 65 lakh houses have been approved so far for construction under the PMAY (U). The Union Housing and Urban Affairs Ministry initiated several
Committee Holds Out Promise of Sense–Economic Times
The composition of the committee appointed to determine the adequate level of reserves for the Reserve Bank of India (RBI), along with the three-month period
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