The RBI Executive Director Sudarshan Sen has exhorted banks to maintain higher capital levels than the regulatory mandate to see through business cycles and crises,
Month: December 2018
Protecting witnesses: For long they fended for themselves against influential accused. That changes now
The formalisation of a witness protection scheme is a landmark moment with the potential to improve India’s low conviction rates. The failure of many criminal
Two years after note ban, taxman has no ‘precise data’ on black money unearthed – The Hindu BusinessLine
Two years after the demonetisation of high value currency and the subsequent efforts to unearth black money, tax authorities have said there are no estimates
Shortage of skill centres is a challenge: NSDC – The Hindu BusinessLine
hortage of training centres is a matter of worry for the National Skill Development Corporation (NSDC). “We need to train at least 2 crore people
Slow train to China: India’s trade ties with Beijing taking time to ripen – The Economic Times
China and India may be talking about improving their trade relationship but there is little action to go with the words. According to Indian government
Union cabinet approves agricultural export policy – The Economic Times
New agricultural export policy is in-line with PMs stated commitment of doubling farmers’ income. Policy has been formulated after extensive consultations with state governments, said
BPO: Taxman starts questioning & issuing notices to BPOs–Economic Times
After the AAR ruling, industry body Assocham and an IT body too raised concerns around the future tax liability. One month after the Authority of
IL&FS: SFIO smells a rat in Rs 400-crore IL&FS loan to staff trust–Economic Times
The Serious Fraud Investigation Office has said InfrastructureNSE -0.64 % Leasing & Financial Services (IL&FS) extended loans of over Rs 400 crore to the employee trust, knowing fully well they would
IBC offers attractive, conducive environment to foreign investors to come to India: Arun Jaitley–Economic Times
India, among the world’s fastest growing emerging economies, is likely to maintain the “high growth rate” of 7-8 per cent over the next decade, Finance Minister
Need infrastructure, but can’t deforest our way to prosperity: Jairam Ramesh – The Economic Times
Deforestation is the wrong way to prosperity and it would haunt the people in the form of ecological imbalance, former Union Minister Jairam Ramesh said here on Thursday.
GST: Key points for first ever filing of GST Annual returns–Economic Times
By Archit Gupta The Central Board of Indirect tax and Customs (CBIC) has issued the format of annual returns under the Goods and Service Tax
Insulate Economy From Oil Volatility–Economic Times
The December 6 meeting of members of oil cartel Organisation of the Petroleum Exporting Countries (Opec) might end with members announcing output cuts, boosting prices
Darkness set to recede on floating rate retail loans from April–Times of India
On Wednesday, Reserve Bank of India made a critical intervention in the pricing of retail loans such as those for homes and vehicles. Beginning April,
PAN card new rules: New PAN card rules that came into effect from December 5
There a few changes regarding the Permanent Account Number (PAN) that came into effect yesterday, i.e., December 5. The changes were notified by the income tax department
New industrial policy to address challenges faced by manufacturing sector: Official – The Financial Express
Under the Make in India initiative, the government aims to increase the share of the manufacturing sector to the gross domestic product (GDP) to 25
Clarity emerges on monetary policy stance – The Hindu BusinessLine
The penultimate monetary policy for fiscal 2018-19 has maintained status quo on the policy repo rate at 6.5 per cent, but what stands out is
NCLT dismisses HDFC plea for initiating insolvency proceedings against RHC Holding – The Hindu BusinessLine
The National Company Law Tribunal (NCLT) on Thursday dismissed the plea of HDFC Ltd to initiate insolvency proceedings against RHC Holding, a non-banking financial company
Let’s Open Sesame for MSMEs–Economic Times
By Manish Sabharwal & Rishi Agrawal In 1954, Jawaharlal Nehru launched the Bhakra Nangal Dam with the words, “When we undertake big work, we have
RBI: Linking interest rate to external benchmark: What does the RBI move mean for you
The biggest problem with the current system is the lack of required transmission of policy rates. The Reserve Bank of India (RBI) has proposed a
GST-mukt Bharat, anyone? | Business Standard Column
On the 11th of this month, we will get to know the Assembly election results in five states. But there are three of them —
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