By Arvind Panagariya & Rajeev Mantri Two features of the regulatory regime have been central to the current malaise in India’s financial sector. First, until 2015, contrary to
Day: January 22, 2020
66 lakh GST returns filed till January 20, says CBIC–Business Today
Thus, the total GSTR-3B returns filed in the month of January totalled 67.70 lakh The Central Board of Indirect Taxes & Customs (CBIC) said on Tuesday that a total of 65.65
Blame on India for global slowdown; IMF’s Gita Gopinath points out where Asian giant errs–Business Today
Earlier on Monday, the IMF cut India’s growth forecast for 2019 to 4.8 per cent International Monetary Fund (IMF) Chief Economist Gita Gopinath on Monday said that India
‘Government Doesn’t Have the Bench Strength to Handle the Economy’–Business Today
Even as government and independent commentators are groping in the dark for possible ways to turn around a decelerating economy, Business Today’s Dipak Mondal and
LIC’s NPAs double to Rs 30,000 crore in 5 years; situation as bad as YES Bank, Axis Bank–Business Today
The state-owned insurance behemoth also lends to corporate sector by way of term loans and non-convertible debentures (NCDs) If you thought the Life Insurance Corporation (LIC) is
Unemployment rate rises to 7.5% during Sept-Dec; high among educated youth: CMIE–Business Today
The unemployment rate in rural India was lower than urban India, which climbed to 9 per cent India’s unemployment rate rose to 7.5 per cent
Budget 2020: Economic reforms, infrastructure spending key to India’s $5 trillion economy target–Business Today
The unveiling of the National Infrastructure Pipeline (NIP) reiterates the government’s commitment to steer the infrastructure sector on a higher growth curve through increased capex
Budget 2020: Govt needs to strengthen ARCs; provide stimulus to the voiceless sector–Business Today
ARCs need a licence to operate and are regulated by the Reserve Bank of India Asset Reconstruction Companies (ARCs) have been institutionalised through central legislation,
SMEs in 2020: B2B payments, data privacy among 5 issues to stay in focus–Business Today
By using digital platforms, SMEs put themselves in a better position to access credit and manage their cash flows Several B2B payments and lending companies,
How India can fix its problem of not collecting enough taxes – The Economic Times
When Budget Day approaches, the discussion turns to tax cuts and the fiscal deficit. India simply does not collect as much tax as it should.
December 2019 retail sales: Passenger vehicle retail sales dip 9%, inventory continues to fall in December: FADA – The Economic Times
MUMBAI: Retail sales of automobiles registered a steep decline in December after two consecutive months of growth, despite the prevalent discounts and offers in the
RIL | Mukesh Ambani: Reliance Industries is India’s answer to Exxon, AT&T, Amazon – all rolled into one – The Economic Times
New Delhi: Billionaire Mukesh Ambani‘s Reliance IndustriesNSE 0.10 % is India’s answer to US giants Exxon, AT&T and Amazon – all rolled into one, Bernstein Research said on Tuesday. “Reliance
A tax cut for you in Budget won’t give India the boost it needs – The Economic Times
The annual real GDP growth estimated by the CSO at 5% for FY20 is the lowest since FY09, the year of the global economic and
SBI Home loan | SBI buyer guarantee scheme: Few will be able to avail SBI’s new home finance ‘buyer guarantee’ scheme: Here’s why
he SBI loan finance scheme is also not applicable to all real estate projects financed by SBI. Early in January, the State Bank of India (SBI) introduced
Reliance Retail: Reliance setting up small stores for last-mile delivery – The Economic Times
NEW DELHI: Reliance Retail is aggressively ramping up a new network of grocery stores that will also be used for last-mile delivery of food and grocery as
Axis Bank files insolvency plea against RPower arm – The Economic Times
NEW DELHI: Reliance Power on Tuesday said one of its lenders Axis BankNSE -1.32 % has initiated insolvency process against its subsidiary Vidarbha Industries Power Ltd for
Government may include off-budget spending for a clearer picture – The Economic Times
NEW DELHI: The Centre could include a host of off-budget spending and other government liabilities on its books to give a clearer picture of finances
CBI arrests insolvency resolution professional appointed by NCLT – The Economic Times
NEW DELHI: CBI has arrested an insolvency resolution professional (IRP) appointed by the NCLT and another person for allegedly receiving a bribe of Rs 3.5 lakh from a consultant by threatening
ICICI Cardless cash withdrawal: ICICI Bank customers can withdraw cash at ATMs sans debit card. Here’s how
ICICI Bank, today, announced the launch of a ‘Cardless Cash Withdrawal’ facility from its ATMs. This service allows customers to withdraw cash from over 15,000 ATMs of the bank
Income tax department lets ‘deserving’ assessees to pay up 20% tax demand in parts – The Economic Times
MUMBAI: What does the taxman do when the money market dries up and businesses struggle? It tries to figure out a way to inch towards
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