The Indian banking sector is showing signs of a turnaround after many years. The latest “Report on Trend and Progress of Banking in India 2018-19”,
Month: December 2019
FinMin notifies norm limiting ITC to 10% in case of GST details mismatch – The Hindu BusinessLine
Tax authority given the right to restrict the use of balance in electronic credit ledger In an effort to curb the menace of fake invoices
The difficulty of being honest | The Indian Express**— Mr. Ashok Lavasa–Member of Election Commission of India
Written by Ashok Lavasa “Honesty is the best policy” was a favourite topic of debates in school. It is another matter that both sides —
Independent directors must enrol with online data bank–Deccan Chronicle
As a new initiative towards enhancing good corporate governance standards, the Indian Institute of Corporate Affairs (IICA) has launched an online data bank for the
Crude on fresh high, may worsen economic slowdown | Deccan Herald
Brent crude prices hit a three-month high to trade at $68.07 per barrel on Friday, impacting the rupee, which depreciated 4 paise to close at
The ‘Great Slowdown’: Indian economy needs a stimulus | Deccan Herald
Former Chief Economic Adviser Arvind Subramanian has said that the current economic slowdown in India looks much like 1991, which was a year of severe
RBI orders urban cooperative banks to declare exposures above Rs 5 crore–Business Today
The Reserve Bank of India has ordered major primary urban cooperative banks (UCBs) to report credit information on all borrowers that have aggregate exposures of
असोनिया व्यथा.. | लोकसत्ता
आंतरराष्ट्रीय नाणेनिधीच्या ताज्या भारतविषयक अहवालाने असे काहीच नवे सांगितले नाही, जे भारतीय तज्ज्ञांनी सांगितले नव्हते.. मंदीच आहे याची जाणीव, सकल राष्ट्रीय उत्पन्नाच्या दराबद्दल शंका, रोजगारविहीन
नावात काय? : स्पॉट रेट, फॉरवर्ड रेट | लोकसत्ता
कौस्तुभ जोशी परकीय चलनात व्यवहार करताना चलनाचा दर हा बाजाराच्या परिस्थितीवर अवलंबून असतो. सध्याच्या काळात आपण ‘फ्लेक्सिबल एक्स्चेंज रेट सिस्टिम’ म्हणजेच बाजारप्रणीत चलन बदलाची व्यवस्था
The ‘Great Slowdown’: Economy needs a budget stimulus | Deccan Herald
Former Chief Economic Adviser Arvind Subramanian has said that the current economic slowdown in India looks much like 1991, which was a year of severe
Those not filing GST returns may face attachment of property, bank accounts | Business Standard News
Those not filing GST returns could face attachment of their properties, including bank accounts, by tax officials. According to the standard operating procedure (SoP) issued by the
Time running out for PSBs | Business Standard Editorials
The Indian banking sector is showing signs of a turnaround after many years. The latest “Report on Trend and Progress of Banking in India 2018-19”, released this week
रणगाड्यांऐवजी तीरकमठा – महाराष्ट्र टाइम्स
रणगाड्यांऐवजी तीरकमठा देशातील आर्थिक परिस्थिती बिकट होत चालल्याचे वास्तव केंद्र सरकारने कितीही नाकारले तरी आता परिस्थिती हाताबाहेर जात असल्याची जाणीव त्यांना होत असल्याची चिन्हे दिसत
Not discounting consumer protection – The Financial Express
By Ashwin Mathew & Nayanika Majumdar The e-commerce industry has seen exponential growth in recent years. This is evidenced by the fact that the e-commerce market
IL&FS case: Sebi slaps Rs 25 lakh fine each on ICRA, CARE, India Ratings – The Financial Express
According to Sebi, the exposure of IL&FS, at the relevant times, was critical to the financial stability as its share in total exposure of banks
A 40% cut to execute an NCLT order: corrupt resolution officers are damaging the IBC regime – ET Prime
The Insolvency and Bankruptcy Code (IBC) was introduced as a one-stop solution to resolve insolvencies and was aimed at protecting the interests of small investors
Modi | Economy: Good economics does not win elections, so Modi is doing what he thinks right: Shankar Sharma – The Economic Times
As politics, that too messy and disillusioned, suddenly takes primacy over the economic agenda of the Modi government, Dalal Street is not too perturbed and looks
SME: Amidst slowdown, some pockets show revival signs – The Economic Times
By Nitin Mangal Shekhar Batra (name changed) runs an Indore-based SME, which deals in electronic-vehicle components. Looking to raise some money for his business, along with
Is IBC in ICU? | Business Standard Column
The overall Indian economic picture has been gloomy for the past several quarters. Discussions on whether the downturn in growth is cyclical or structural distracts
GST officials unearth Rs 241-cr tax evasion through fake invoicing | Business Standard News
GST officials have unearthed a racket involving fake invoicing worth Rs 1,600 crore that resulted in tax evasion of Rs 241 crore, an official release said in