By Anuradha Raghu and Pratik Parija Onions in India are once more at the epicenter of a major controversy, pitting government officials who want lower
Day: October 3, 2019
PMC Bank crisis: The collapse of PMC exposes the fault lines in the financial system–Economic Times
PMC’s results in FY19 show no issues with the bank, with net NPAs of 2.19% and capital adequacy ratio (CAR) of 12.62% — above the
PMC case: ICAI to check role of auditors – The Economic Times
The suspended managing director of PMC Bank, Joy Thomas, has blamed the auditors for the mess at the bank, accusing them of only “superficially auditing”
No MAT credit, additional depreciation if you chose new lower tax rates – The Economic Times
The Central Board of Direct Taxes (CBDT) on Tuesday evening said that companies that opt for the new tax rate will lose out on the Minimum Alternate Tax (MAT)
PMC’s suspended MD Joy Thomas blames ‘superficial auditing’ for mess – The Economic Times
The suspended managing director of Punjab and Maharashtra Cooperative (PMC) Bank, Joy Thomas, has blamed the auditors for the mess at the bank, accusing them of
Corporate tax cut is a signal to structural reforms: CEA – The Economic Times
Describing the recent corporate tax cut as a signal to structural reforms, Chief Economic Advisor KV Subramanian on Wednesday said the government needs to focus
Insurance companies can no longer exclude many illnesses – The Economic Times
In a move that will benefit lakhs of policyholders, insurance companies have been barred from excluding illness associated with hazardous work activity, artificial life maintenance, treatment of
Resolution plans ready for all 302 entities: IL&FS – The Economic Times
The IL&FS board is targeting to achieve resolution for significant quantum of addressable debt by March 2020, the presentation said. A year after the crisis
How GST is hurting this set of Indian SMEs, global competitiveness lost – The Financial Express
By Abhishek A Rastogi and Pratyushprava Saha Trade, Imports, Exports for MSMEs: Small and medium enterprises (SMEs) acting as intermediaries or agents of businesses in India
Real interest rate dynamics: Who can help? | Business Standard Column
Availability and cost of funds are both key drivers of economic growth. The role of India’s financial sector in achieving the $5 trillion economy target
The way forward for public sector banks | Business Standard Column
A release from the Press Information Bureau on June 24, titled “Public Sector Banks”, had this to say on strengthening PSBs: “Over the last four
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