he demand for credit is pretty okay. If fundamentals had changed drastically, then demand would have been very, very low, says KV Subramanian, Chief Economic Advisor.
Day: October 20, 2019
DHFL exposure: RBI rejects banks’ ‘Trust’ proposal – The Economic Times
There is an impasse over the resolution plan for the mortgage lender as several mutual funds are refusing to sign the intercreditor agreement. The Reserve Bank
Let Centre’s fiscal deficit slip a little–Economic Times
Indian policymakers do not need downward revisions of their growth forecast for India by the IMF and the World Bank to know that growth for
Trade wars to impact flow of capital, goods, says Nirmala Sitharaman – The Financial Express
She also called for ‘concerted action’ to mitigate the disruption on account of synchronous slowdown and to invoke the spirit of multilateralism for global growth,
DHFL crisis: SBI, BoB, UBI to move HC seeking rights to pool repayments – The Financial Express
Three public sector banks (PSBs) may soon move the Bombay High Court (HC) for a clarification on the moratorium on repayments by Dewan Housing Finance
GST return filing: Businesses need to do this differently while filing GSTR-3B for September – The Financial Express
By- Surbhi Premi GST return filing: The landmark Goods and Services Tax (‘GST’) has completed two years. Businesses have already gained experience to file the monthly return
Explained: India’s economic slowdown and growth projections – The Financial Express
Industrial production contracted 1.1% in August, the worst performance in almost seven years. Given the fact that the economy grew 5% in the three months
IMF backs India’s corporation tax cut, says it will help revive investment | Business Standard News
The International Monetary Fund on Friday supported India’s recent decision to reduce corporate income tax, saying it has a positive impact on investment. It, however, said India