Calendar 2019 promises that global factors will dominate again, but the outcome may be very different. We have already seen the trailer. Financial markets in
Day: January 5, 2019
With another failing airline, RBI is on test under Shaktikanta Das – The Economic Times
With the man behind that rule out of the way on Mint Street, the permission to restructure SME loans by the new Governor Shaktikanta Das
No general scheme for adults to opt out of Aadhaar programme, says govt – The Economic Times
The government Friday said no general scheme has been created that gives an adult the choice to opt out of the Aadhaar programme as there is no
Lok Sabha passes Companies (Amendment) Bill – The Economic Times
Lok Sabha on Friday passed the Companies( Amendment) Bill, 2018 that seeks to improve ease of doing business, declog the NCLT and prescribe strong action against non-compliant companies.
Nearly 9 per cent of education loans by PSBs turned bad in FY’18 – The Economic Times
Nearly 9 per cent of the education loans extended by public sector banks (PSBs) were categorised as non-performing assets in the last financial year, according
Tax burden leave business correspondents of banks in a lurch – The Economic Times
Executives said there is another apprehension that a chunk of transactions which were happening through banking channels could move to cash through hawala channels. Business
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
Jet Airways India: Jet Airways needed one rupee to avert this tailspin–Economic Times
By Andy Mukherjee All Jet Airways IndiaNSE -0.81 % Ltd. ever needed was 1 rupee, or just 1.4 U.S. cents, for providing hot meals and cold towels.
Personal Data Protection Bill only after new government takes over – The Economic Times
The Personal Data Protection Bill, 2018, is now likely to be introduced in Parliament in June, after the general elections, a top official told ET. The Bill,
Reserve Bank of India: RBI’s new year giveaway may hurt credit culture
By Rahul Satija Indian central bank’s decision to allow a one-time restructuring of some loans to small businesses is bound to foster indiscipline among borrowers. That’s the
car insurance: When not to file a car insurance claim – The Economic Times
A good rule to follow is to only make a claim in the event of a big loss and avoid filing it in case of
RBI: ICICI Bank, Small Business FinCredit join hands to provide loans to MSMEs – The Economic Times
ICICI Bank Friday said it has singed a memorandum of understanding with Small Business FinCredit India Pvt Ltd (SBFC) to jointly provide credit to micro,
Benami: Look ahead, have a threshold–Economic Times
India’s tax authorities are reportedly inundated with pleas from various trade bodies to soften the two-year-old law to crack down on benami properties. An outright
Government crackdown on GST profiteers: Orders issued against 9 businesses for not passing Rs 560-cr GST rate cut benefits – The Financial Express
NAA has been holding regular meeting with zonal screening committees and the chief commissioners of GST to stress upon the consumer awareness programmes The GST
SBI warns customers about fraudsters and fake accounts; Here’s how to find out and stay safe – The Financial Express
With the rise in digital payments, scamsters who have been eyeing this space, have come up with their own version of clones to target gullible
Another non-starter | Business Standard Editorials
The government seems to have failed to realise the futility of raising the minimum support prices (MSPs) of crops without their effective enforcement. It has now hiked
Ahmedabad CGST officials bust fake GST invoice racket worth Rs 175 crore | Business Standard News
Officials from the Preventive Wing of Central Goods and Services Tax (CGST) Ahmedabad-South Commissionerate have busted a fake GST invoice and fraudulently availing input tax credit (ITC) racket here. CGST Ahmedabad-South Commissionerate officials also arrested a
CGST shortfall may force govt to cut spending to meet fiscal deficit target | Business Standard News
Despite crossing the Rs 1-trillion mark twice this year, the goods and services tax (GST) collections are running well behind the budgeted target. As opposed to a
GST: About 16% of assessees do not file monthly returns, shows Govt data – The Hindu BusinessLine
But Centre says measures taken to step up compliance, boost collections On an average nearly 16 per cent of Goods and Services Tax (GST) return
Hit by NPAs and RBI action, PSBs lose ground to private sector peers – The Hindu BusinessLine
The double whammy of Asset Quality Review (AQR) and Prompt Corrective Action (PCA) is having a telling impact on the public sector banks (PSBs). These
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