But the regulator owes markets an explanation After pondering over the merger proposal between Indiabulls Housing Finance and Lakshmi Vilas Bank for a good six
Month: October 2019
Do public sector banks really need deposit insurance? – The Hindu BusinessLine
Recent figures show a disparity between the premium collected from and claims settled for PSBs. Exempting them from the Deposit Insurance Scheme should be considered
Is there a case for a strong rupee? – The Hindu BusinessLine
Growth with stability, not external intervention, will put the rupee in a ‘sweet spot’ to help India become a $5-trillion economy The Modi government has
एक फुंकर हलकीशी! -महाराष्ट्र टाइम्स
मेक्सिकोमधील माफिया हे जगभर दहशत बसवून आहेत. त्यांची माफियागिरी इतकी कुविख्यात आहे की, अमेरिकेत संघटित गुन्हेगारी करणारे नामचीन गुंडही ‘मेक्सिकन माफिया’ म्हणून ओळखले जातात. कदाचित्,
Bank fraud: ED attaches assets of over Rs 4,000 crore of Bhushan Steel – The Economic Times
The Enforcement Directorate on Saturday said it has attached assets worth over Rs 4,025 crore of Bhushan Power and Steel Limited (BPSL) in connection with its money laundering probe
Certain illnesses in 1st 3 months of health insurance policy to be treated as pre-existing disease – The Economic Times
IRDAI has modified the definition of pre-existing diseases, to include any disease diagnosed within three months of purchasing a health insurance policy. This change was included in the guidelines
Slowdown in three sectors, dip in imports hit GST collection – The Economic Times
The slowdown in three sectors – automobiles, cement and iron & steel – along with falling imports have taken a toll on GST collections, even as the
PMO asks states to curb fake ITC claims – The Economic Times
A day after the GST Council set up a committee to identify measures to augment revenue from goods and services tax collection, the Centre Friday asked states
GST Network to release new version of return filing interface this month – The Financial Express
“Many of the suggestions were incorporated in version 2 which is in place right now. Version 3 is going to come on October 22 of
‘Suit-boot ki sarkar’ taunt made tough for govt to undertake corporate tax reform, says Arvind Subramanian – The Financial Express
“I don’t want to go into all the personal angles here. But looking back I realise that the taunt of ‘suit, boot ki sarkar’, that
India fiscal deficit: India’s fiscal deficit ‘conceals’ a lot, warns Raghuram Rajan–Economic Times
Rajan has often expressed concerns about the excessive centralisation of power in political decision-making in the country. India’s fiscal deficit ‘conceals’ a lot and is
Raghuram Rajan bats for Atal Bihari Vajpayee model of governance | Business Standard News
Former Reserve Bank of India (RBI) governor Raghuram Rajan has partly blamed a lack of “persuasive” vision and too much centralisation of power under the current government
GST: B2B invoices will have to be generated on govt portal by Sept | Business Standard News
Depending on the success of the project in the B2B segment, the revenue department would be looking at extending it to business-to-consumer (B2C) sales All
गमते मानस उदास.. |लोकसत्ता
विचलित किंवा उद्विग्न मनांची माणसे स्वत:चा विकास घडवू शकत नाहीत आणि अशा माणसांचा समूह देशाचाही विकास घडवू शकत नाही.. मानसिक आरोग्याची समस्या गंभीर आहे, त्यामुळे
GST may see its biggest review since launch, rates and slabs likely to be tweaked – The Economic Times
(This story originally appeared in on Oct 11, 2019) Two years after its launch, the Centre has begun the biggest review of goods and services
The key to Indian economy is in better wages for the masses–Economic Times
By Pradeep S. Mehta and Abhishek Kumar As per the latest World Economic Forum’s Inclusive Development Index, India ranked at a low 62nd out of
Fiscal slippage, if it propels growth, is good: SBI Chairman – The Economic Times
Rajnish Kumar, SBI Chairman The Indian economy needs a boost and a slip in the fiscal deficit by 40 to 50 basis points will be
Haldiram: Haldiram emerges sole bidder to buy insolvency-bound Kwality for Rs 130 crore – The Economic Times
In 2016, Kwality had raised Rs 300 crore from KKR India Financial Services and got additional commitment of Rs 220 crore. Delhi-based Haldiram group has emerged as
GST might have flaws but cannot damn it now: Finance Minister Nirmala Sitharaman – The Economic Times
Conceding that GST may have some flaws in its present form, finance minister Nirmala Sitharaman on Friday asked tax professionals not to curse it and sought their help to
RBI right on Indiabulls-LVB; it needs to push mergers of weak banks quickly – The Financial Express
Indiabulls Housing Finance vice-chairman and MD Gagan Banga and Lakshmi Vilas Bank MD & CEO Parthasarathi Mukherjee It is really not much of a surprise
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