by Abhishek Gupta Critics have called the resignation of India’s former central bank chief Urjit Patel and appointment of former Finance Ministry official Shaktikanta Das as his replacement a
Day: December 18, 2018
Cabinet nod to law amendment for Aadhaar seeding with mobile numbers, bank account – The Economic Times
The Cabinet headed by Prime Minister Narendra Modi approved amendments to the Telegraph Act and the Prevention of Money Laundering Act (PMLA) after the Supreme Court in September imposed
Transfer of excess reserve may pull down credit rating of RBI: Raghuram Rajan – The Economic Times
Former RBI Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government may bring down rating of the central bank. Rating downgrade of the
Gov Shaktikanta Das told to ease PCA, one-day default norms by PSB heads – The Economic Times
Newly-appointed Reserve Bank governor Shaktikanta Das Thursday met with the heads of public sector banks who sought some relaxations in the prompt corrective action (PCA)
RBI: View: Not RBI’s job to facilitate poll wins by sacrificing reserves for achhe din’s sake – The Economic Times
Let us not mince words. One reason for the government changing the RBI Governor is to get a more pliable candidate who will help it win the
Eminent economist Surjit Bhalla resigns from EAC-PM – The Economic Times
Eminent economist and columnist Surjit Bhalla Tuesday said he has resigned as part-time member of Economic Advisory Council to the Prime Minister (EAC-PM) on December 1. “I resigned as
NPA: For NCLT, it is a race against time for resolution of NPAs–Economic Times
Justice delayed is justice denied, they say. And time value seems even bigger where big money — an estimated Rs 3.5 lakh crore —is involved.
Income Tax: Court order trips tax hounds in hunt for secret foreign assets–Economic Times
to a senior professional dealing in foreign exchange laws and PMLA, the tax department has been sending notices to even those who had invested abroad
RBI: Complete overhaul needed for RBI board to emulate Fed, BoE: Viral Acharya–Economic Times
Reserve Bank of India deputy governor Viral Acharya has put across the point that a dramatic change in the role of the central bank board — on the lines
Transfer of excess reserve may pull down credit rating of RBI: Raghuram Rajan – The Economic Times
NEW DELHI: Former RBI Governor Raghuram Rajan has cautioned that transfer of excess reserve to the government may bring down rating of the central bank. Rating downgrade
Loan interest rates: External benchmarking of loan interest rates to help new borrowers: Here’s how–Economic Times
Those signing up for the new methodology should expect quicker revisions in interest payable or changes in EMIs. Frustrated with your bank’s tendency to raise
Jobs, cash and other Indian headaches | Business Standard Column
If there is one thing that deep-thinking observers agree about the recently concluded state elections, it is that economic issues were dominant: Lack of enough
Shopclues: Online vendors’ association wants centre to enforce HC norms on ecommerce fake products–Economic Times
Following a judgement by the Delhi High Court last month on counterfeit products being sold on ShopClues, an association of online vendors has written to the government asking
Amend Aadhaar Act, Post Data Protection–Economic Times
The government reportedly wants to amend the Indian Telegraph Act and the Prevention of Money Laundering Act (PMLA) to provide legal backing for mobile numbers
Sound Advice From Indian Economists–Economic Times
When 13 Indian economists, including stars like Raghuram Rajan, Abhijit Banerjee and Karthik Muralidharan, get together and write ‘An Economic Strategy for India’, the outcome
Government tussle with RBI could undermine financial stability: S&P – The Financial Express
The report said it does not anticipate any material change in the central bank’s level of independence, especially with regards to its adoption and implementation
Food processors’ body GST relaxation on agriculture products processed at primary level – The Financial Express
The GST council meeting is scheduled on December 22. Ahead of the GST council meeting, the food processors’ association AIFPA on Monday demanded tax on
Beyond waivers | Business Standard Editorials
A group of 13 well-known economists have released a paper that contains a non-partisan strategy for India in an attempt to build a consensus around growth-promoting reform
Flawed approach | Business Standard Editorials
The Supreme Court and its judges are tying themselves in knots in ways that were entirely avoidable. Some judicial restraint is in order, with cases only being
Who is afraid to answer questions on jobs in India? | Business Standard Column
In a week from the publication of the paper titled “All you wanted to know about jobs in India — but were afraid to ask” in early
aniltikotekar4sme.com 