Focussing exclusively on the domestic market would be a serious mistake. India needs the global economy to revive growth When running for re-election, Prime Minister
Month: June 2019
RBI lobs ball in banks’ court to deal with resolution – The Hindu BusinessLine
The much-awaited revised version of the contentious February 2018 circular, is a less stringent framework to deal with stressed assets. The new directive does away
RBI issues revised norms to deal with stressed assets – The Hindu BusinessLine
Gives lenders 30 days to review an account in case of default Following the quashing of its ‘revised framework for resolution of stressed assets’ by
Middle East, China drive India’s export growth: Maersk India – The Economic Times
Indian exports grew 6 per cent in the first quarter of this year driven by higher shipments to the Middle East and China, while imports
RBI: RBI to set up forex trading platform for SMEs, get more players to setup Small Finance Banks–Economic Times
On tap licensing means the applications could be submitted to the RBI at any point of time, throughout the year and licenses will be granted
SME: Cash flow problems? How SMEs can benefit from Merchant Cash Advance–Economic Times
By Rana Vikram Anand Money is the lifeline for any business, regardless of the industry, nature or size. While established or major ventures may not
Himachal government eases norms to boost MSME projects – The Economic Times
The Himachal Pradesh government has decided to allow entrepreneurs setting up micro, small and medium enterprises in the state to implement their projects through a system of
RBI lobs the ball into government’s court–Economic Times
The Monetary Policy Committee has confined itself to the routine tinkering of rates, guided as it is by its mandate to contain inflation as measured
GST is a journey and government can make it smoother for honest taxpayers – The Financial Express
The government has recently announced its intent to have a single authority for processing GST refunds—a very welcome move—and it should also look at a
Motor insurance: Premium for third-party cover rises, new rates come into effect from June 16 – The Financial Express
In the draft exposure, the regulator had also proposed a 15% discount on the premiums for electric vehicles. From June 16, the premium for mandatory
IMF upgrades US growth forecast but warns of rising risks – The Financial Express
And IMF chief Christine Lagarde earlier on Wednesday urged the countries to make resolving the trade conflict a priority, since it threatens growth of the
RBI votes for growth | Business Standard Editorials
The Reserve Bank of India’s (RBI’s) Monetary Policy Committee has done exactly what the doctor ordered: It reduced the benchmark repo rate by 25 basis
Lowering rates may not really lead to the push required for growth | Business Standard News
With the monetary policy committee (MPC) already indicating in the last two policies that inflation would not be the only factor that would drive the decision on interest rate
MPC acts on cue to revive the economy – The Hindu BusinessLine
Against the backdrop of NBFC crisis, the RBI’s rate cut and decision to review the liquidity framework are appropriate The Monetary Policy Committee of the
Beyond the policy rate cut – The Hindu BusinessLine
The RBI needs to ready a contingency plan to deal with the snowballing of the NBFC crisis With inflation staying below 3 per cent, economic
After RBI delivers, the big question: Will the banks yield, too? – The Hindu BusinessLine
Significant easing of liquidity is critical for better transmission The RBI delivered on expected lines and cut its policy repo rate by 25 bps. While the central
RBI may shun sectoral exceptions, ease timelines for stressed assets – The Economic Times
The Reserve Bank of India is unlikely to announce special sectoral exceptions in its new circular on stressed assets, contrary to demands of power, sugar, shipping and
MSME sector should create jobs in the rural areas: Nitin Gadkari – The Economic Times
“The roadmap for the roads sector is settled so far and now I will work hard towards new schemes in the MSME sector,” Nitin Gadkari
Liquidity, a solid challenge–Economic Times
By Rahul Bhasin The current liquidity crisis and the consequent economic slowdown have been building up for a while. You can’t have 70% of the
An open letter to Finance Minister Nirmala Sitharaman–Economic Times
By Ajay Chhibber Dear Ms Nirmala Sitharaman, One of the best decisions the PM made is to appoint you as finance minister at a challenging
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