Today, the Reserve Bank of India (RBI) will conduct the second phase of Operation Twist by simultaneous buying and selling of government securities. It will
Month: December 2019
New procedures in GST system may be challenged in courts, say experts | Business Standard News
Experts say the new procedures in the goods and services tax (GST) system that enable officials to attach properties, including bank accounts, and cancel registration
NBFC slowdown due to low demand and lack of market funding, says RBI | Business Standard News
The slowdown in the non-banking financial companies (NBFCs) is mainly due to lower demand in the economy and non-availability of market funding, a recent analysis
Wheat stocks at 7-year high point to complex food logistics problems – The Hindu BusinessLine
This spurt in stocks is on account of ‘open-ended’ procurement in recent years, as a result of which the Centre has been procuring a third
Escape the trap: Piling on debt isn’t a good way to boost economic growth. Reforms are the only way–Times of India
Two independent reports, one by World Bank and the other by RBI, provide an insight into the economic policy pathway NDA needs to choose next
DHFL creditors to meet on Monday for discussing resolution – The Economic Times
The Reserve Bank of India-appointed administrator of the crippled Dewan Housing Finance Ltd (DHFLNSE 4.75 %) called for a meeting of its creditors for the
Arun Jaitley: Arun Jaitley was my go-to man: Venkaiah Naidu – The Economic Times
Vice President M Venkaiah Naidu on Saturday released a book, The Renaissance Man-The Many Facets of Arun Jaitley, on the birth anniversary of the former
Welcome move to ease starting-up pains–Economic Times
Welcome move to ease starting-up pains The proposal to further simplify the regulatory regime for startups is most welcome. In particular, the promise to create
Top 50 corporates reduced debt by Rs 59,600 crore in H1 FY20 – The Financial Express
ccording to Icra Report the year-on-year growth in bank credit is expected to decelerate sharply to 6.5-7 per cent in FY20 from 13.3 per cent
HFCs’ share in realty loans doubles since 2016: RBI – The Financial Express
Home financiers have collectively lent around Rs 47,900 crore to builders as of June 2019 up from Rs 12,770 crore in June 2016. The loss
eBkray: Sitharaman launches e-platform for sale of assets attached by PSU banks – The Financial Express
Apart from top finance ministry officials and bankers, the meeting chaired by Sitharaman was also attended by CBI director RK Shukla and two joint directors
Reviving consumption and investment critical challenge: RBI – The Financial Express
The report said that while chasing yields, investors were betting on negative yielding bonds for capital gains, for which yields need to go down further.
Internet shutdowns lead to losses of ₹2.45 crore per hour: Telcos – The Hindu BusinessLine
Switching off internet services as per government orders hurts dependent businesses to the tune of ₹ 2.45 crore per hour, according to Telecom companies. A
A holistic picture of MSMEs – The Hindu BusinessLine
An insider’s account of the success, failures and travails of this key segment of the economy It is quite fashionable, in public forums, to hoist
‘There are no magic short-term bullets (to fix economy)… Budget shouldn’t aim for surprises’ | Business News,The Indian Express
In a new paper published by Harvard University’s Center for International Development, Subramanian, former chief economic advisor, and Josh Felman, former IMF resident representative to
Housing Finance Companies’ share in realty loans doubles since 2016: RBI – The Economic Times
Home financiers have collectively lent around Rs 47,900 crore to builders as of June 2019 up from Rs 12,770 crore in June 2016. But, their
The message to banks – editorials – Hindustan Times
The finance minister Nirmala Sitharaman’s statement builds on Prime Minister Narendra Modi’s assurance at the Hindustan Times Leadership Summit earlier this month, when he exhorted
“Buy things you don’t need, sell things you need” | Deccan Herald
Peshotan Dastoor, Recently, several tabloids were filled with reports that a legendary international tennis player – a young sensation of the 80s – would be
RBI proposes using equity price movements to signal corporate stress | Business Standard News
The Reserve Bank of India (RBI) has proposed using the movement in equity prices as part of a larger mechanism that can serve to give
Bankers’ prudent decisions will be protected: FM | Deccan Herald
Assuring that honest commercial decisions taken by bankers will be protected, Finance Minister Nirmala Sitharaman on Saturday said the government has decided to take measures