It is welcome that the government is thinking of setting up new lending institutions for infrastructure projects. But where are the projects? We need projects
Day: January 22, 2020
Not a substitute for a bond market–Economic Times
It is welcome that National Investment and Infrastructure Fund (NIIF) is set to launch a non-bank lending arm, Aseem Infrastructure Finance (AIFL). The move would
Uco Bank to on board fintech firms for borrowers’ input – The Economic Times
KOLKATA: State-owned Uco BankNSE -0.62 %, which has long been saddled with high bad loans, is planning to on-board new-age fintech firms for improving underwriting standards and credit
Lenders put cash flows of about 500 stressed companies’ under lens – The Economic Times
Indian banks have fast-tracked the process of roping in monitoring agencies to track last mile usage of bank loans to plug siphoning of bank funds.
As NBFCs battle liquidity crunch amid slowdown, these 4 measures could help – The Financial Express
According to the RBI data for FY19, the share of credit from Banks and NBFCs & HFCs was in the 70:30 ratio. With the financial
Young, educated and jobless: The real unemployment challenge of India | Business Standard Column
On December 31, 2019, CMIE completed the 18th Wave of the Consumer Pyramids Household Survey. This included the 12th Wave of questions related to employment
Simplifying tax on capital | Business Standard Editorials
The government is reportedly considering abolishing the dividend distribution tax (DDT) and making dividend income taxable in the hands of shareholders. The move is expected
Redefining law on exemptions | Business Standard Column
The Central Board of Indirect Taxes and Customs (CBIC) has issued a clarificatory circular that Social Welfare Surcharge (SWS) cannot be debited to the duty credit scrips issued under
‘America seeing economic boom never seen before’: US President Donald Trump – business news – Hindustan Times
US President Donald Trump on Tuesday said the US is in the midst of an economic boom that has never been seen before anywhere in
Non-compliance in GST payments maybe burning a Rs 5 tn hole in revenues – business news – Hindustan Times
The government may be losing Rs 5 trillion in indirect tax revenue a year, amounting to 40% of its goods and services tax (GST) collection target,
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