India should not be out of line with the global practice of having as few rates as possible, and should make the tax base more
Month: January 2020
5 simple things to do to revive the economy – The Economic Times
By Sandip Sen The economic slowdown has lasted four quarters and is unlikely to go away in a hurry. The banking sector problems are deep rooted and
Pradhan Mantri Mudra Yojana: PSBs are committed to Mudra scheme as a social obligation: UBI’s Sanjay Narayan – The Economic Times
“NPAs in Mudra are very small and that too is distributed among a large chunk of the masses. So, for us, Mudra financing is more
Essel Finance: Adani Capital acquires Essel Finance’s MSME loan business – The Economic Times
MUMBAI: Adani Capital Pvt. Ltd, the NBFC arm of the Adani Group, focused on lending to small & micro entrepreneurs, has acquired Essel Finance’s MSME loan business. The business has a secured loan book
Governing unlisted firms | Business Standard Editorials
The government is reportedly working on a Takeover Code for unlisted companies. Unlike listed ones, transfer of shares in unlisted firms in India now happen on the basis of
The Bankruptcy Code isn’t broken, but it still needs fixing – The Economic Times
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
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
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