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Day: October 17, 2019
The unsafe vaults: With the financial system hit by defaults, is it time to resurrect an old law? – The Economic Times
In the last 5 years, over Rs 3 lakh crore was infused in several loss making PSU banks with the government getting negative returns even
India Bank frauds: RBI governor faces board queries on financial frauds–Economic Times
Reserve Bank of India (RBI) governor Shaktikanta Das came under pressure at the bank’s board meeting last week, with two external directors questioning how a string of
Income tax | Individual residential status: How is the residential status of an individual determined for income tax–Economic Times
The residential status is determined based on the number of days of presence of the taxpayer in India. The residential status of taxpayers plays a
नोबेलमागची गरिबी–लोकसत्ता
आता सरकारने अभिजित बॅनर्जी यांच्या संशोधनाचीही मदत घ्यायला हवी.. विद्यार्थी आंदोलनात तिहार तुरुंगवास सहन करावा लागलेल्यास नोबेल मिळू शकते हे सप्रमाण सिद्ध केल्याबद्दल देशातील तमाम
Economic growth in a critical phase, time to worry if contagion from financial sector to the real sector is spreading – The Financial Express
One can quibble about the statistical finesse of this simplistic assessment, but the trend slowdown is unmistakable. News on weak domestic economic activities continues. Judging
If GDP growth is down, GST mop-up will be hit: Ajay Bhushan Pandey | Business Standard News
mid expectations that personal income-tax (I-T) rates would be cut soon, revenue secretary Ajay Bhushan Pandey tells Dilasha Seth and Indivjal Dhasmana that these decisions are usually taken at the time
India’s fuel demand dips to lowest in over two years in Sept: Govt data | Business Standard News
India’s fuel demand slipped to its lowest in over two years in September after a fall in diesel and industrial fuel consumption negated the rise
Slowing credit growth puts economic revival hopes on shaky ground | Business Standard News
Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of India (RBI) data shows, as slowing domestic consumption
Perils of loan waivers | Business Standard Editorials
Political parties are once again busy wooing farmers ahead of the upcoming Assembly elections. The Congress, for instance, has promised farm loan waivers in both Haryana and
IL&FS case: Auditors have many questions to answer, says Corp Affairs Secy | Business Standard News
As the probe continues into the IL&FS case, a senior government official has said the group’s auditors have “many questions to answer” prima facie as
Lending to small units fell in Q1, says MSME report – The Hindu BusinessLine
Credit risk is building in auto MSMEs, says Pulse report There was a marked slowdown in commercial credit growth in the quarter ending June 2019
Revise fisc numbers in the wake of slowdown – The Hindu BusinessLine
Centre must acknowledge the impact of the slowing growth and take corrective actions Following the Reserve Bank of India’s revision of India’s GDP growth for FY20
Fundamentals of economy ‘very very strong’: CEA – The Hindu BusinessLine
Chief Economic Advisor KV Subramanian on Wednesday called upon the industry to start making investments, stressing that the fundamentals of the economy are “very very
RBI stops printing Rs 2,000 denomination notes – The Hindu BusinessLine
The move to discontinue the Rs 2,000 note comes even as the National Investigation Agency (NIA) found fake currency notes in circulation. Reserve Bank of
Banks may press for commitment fees on unutilised credit limits from large, mid-sized corporates – The Hindu BusinessLine
Banks are likely to press for commitment fees on unutilised credit limits from large and mid-sized corporates as they are utilising only about a third
Expand adjudication regime for IBC–Economic Times
The Insolvency and Bankruptcy Code (IBC) is a key structural reform meant to swiftly resolve corporate distress and redeploy the resources locked up in the
The key to Indian economy is in better wages for the masses (Part 2)–Economic Times
By Pradeep Mehta and Abhishek Kumar In the prequel to this article, we had argued that to get the Indian economy back on track and for it
The coming disruption in India’s job market – The Hindu BusinessLine
The new Labour and Social Security codes will fundamentally alter the nature of employment There is a difference between growth and size. India continues to
Nitin Gadkari pitches for Rs 10,000 crore fund to buy shares of MSMEs listing on bourses – The Financial Express
The minister also said there is huge potential for small units and businesses in India for export competitiveness. Union Minister Nitin Gadkari on Wednesday said
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