IRDAI panel for weeding out many exclusions Currently available health covers are likely to get more broad-based soon with a panel constituted by the Insurance
Month: May 2019
RBI to hold ‘structured meetings’ with bank auditors to deal with divergences – The Hindu BusinessLine
To deal with the issue of banks diverging from the prescribed asset classification norm and consequent under-provisioning, the Reserve Bank of India (RBI) has kickstarted
Insurance regulator proposes higher third-party premium for cars, two-wheelers – The Hindu BusinessLine
Regulator moots discount for electric vehicles Third-party motor insurance premium rates are set to go up in the current financial year. Though new premium rates
Warning signals from the external front – The Hindu BusinessLine
As if all the bad news from the domestic economy were not enough, foreign trade data suggest worrisome trends on the external front as well.
India needs a few mega banks to compete globally: CEA Krishnamurthy V Subramanian – The Economic Times
The Finance Ministry has been saying that India needs fewer and mega banks. Batting for PSU banks’ consolidation, Chief Economic Advisor Krishnamurthy V Subramanian has
Anti-Profiteering Authority Must Exit–Economic Times
The National Anti-Profiteering Authority may reportedly remain in place for another two years as there could be more changes to the goods and services tax
MCA sees Rs 2.8 lakh cr recovery from IBC-led resolution process – The Economic Times
Section 12 (A) of IBC allows for a withdrawal of an insolvency application if 90% of the creditors’ committee (CoC) by voting share approving it.
Getting credit flows back will be next government’s challenge – The Financial Express
Banks have now been cleaning up their balance sheets for close to three years after the asset quality review process started in 2016. It was
Handing over stuck realty projects to someone else is not a solution: SC | Business Standard Column
If the Supreme Court ordered the government to take over delayed real estate projects or handed them over to a reputed builder, it might sound
From arbitration law to labour cases, here’re the key court orders | Business Standard Column
Builders to face more heat in class action The Supreme Court has widened the scope for class action in the real estate business in the context of
AAR allows input tax credit by debt settlement under GST regime | Business Standard News
Companies can claim input tax credit (ITC) under the goods and services tax (GST) regime even if the liability to pay for inputs between them, including tax,
Banking reforms must be on the top of the new govt’s agenda – The Hindu BusinessLine
As a prolonged and acrimonious Lok Sabha campaign winds to a close, the Indian electorate can now heave a sigh of relief. But the political
SME: Difference between a Startup and an SME? It’s words that starts with P – The Economic Times
By Sreeraman Thiagarajan My first job was in 2002, at a bank where I was facilitating the sales of liability products. During the first week
Insurers can’t deny cover for mental illness, adventure sports enthusiasts – The Economic Times
Insurance regulator IRDAI on Friday came out with new rules that will have widespread ramifications for health insurers and the general public. Insurers henceforth cannot decline coverage to
More support for I-regret-collegium – The Financial Express
Not surprisingly, given how the sexual harassment charges against CJI Ranjan Gogoi were handled, to the allegations of intimidation of the complainant, the pendulum seems
Yes Bank recalls bonus to former MD Rana Kapoor–Economic Times
Kapoor did not receive any bonus in fiscal 2017. Yes BankNSE -2.61 % has clawed back a total of Rs 1.44 crore performance bonus paid to
Don’t drag India into US-China trade war – The Financial Express
By Atman Trivedi First China. Now India? In recent months, US president Donald Trump has made clear that the trade war will reach beyond the
An under-performing economy makes a very fertile ground for populism | Business Standard Column
Once the dust raised by the elections has settled, a new government will have to deal with the economic slowdown. The issue to focus on
Is China manipulating its currency? | Business Standard Column
United States President Donald Trump has often been critical of China for weakening its currency, the yuan, which helps Chinese exporters. Even after assuming charge as president Mr Trump has called China “the
aniltikotekar4sme.com 