The Reserve Bank of India’s (RBI) latest monetary policy rushed in where the Union Budget feared to tread. On the expected lines, it refrained from a rate
Month: February 2020
Monetary policy review: RBI adopts a new liquidity management framework | Business Standard News
The Reserve Bank of India (RBI) on Thursday adopted a new liquidity management framework in which there would be no fixed daily liquidity injection operations,
RBI Monetary policy: Loans likely to become cheaper by 30 basis points | Business Standard News
The exemption in maintaining cash reserve ratio (CRR) for incremental retail, MSME (micro, small and medium enterprises) lending, and liquidity assurance will incentivise banks to
RBI may cut rate only after retail inflation eases to 5%, says expert | Business Standard News
There has rarely been a Reserve Bank of India (RBI) policy which has maintained the status quo on rates but delivered much beyond expectations. In
RBI Monetary policy: Loans likely to become cheaper by 30 basis points | Business Standard News
The exemption in maintaining cash reserve ratio (CRR) for incremental retail, MSME (micro, small and medium enterprises) lending, and liquidity assurance will incentivise banks to
Instant allotment of e-PAN based on Aadhaar to begin this month – Times of India
NEW DELHI: The government this month will roll out a facility to issue online PAN (permanent account number) cards instantly on furnishing of Aadhaar details,
RBI MPC: Easing without cutting–Economic Times
By Siddhartha Sanyal The MPC’s decision to keep the repo rate unchanged in February is no surprise. Given the spike in retail inflation prints in
The focus of the government continues to be on lowering the cost of capital–Indian Express
The focus of the government continues to be on lowering the cost of capital. Fiscal deficit targets sometimes lead to vicious cycles. As an economy
RBI has many other tools to revive growth, not just interest rates: Shaktikanta Das | Business News,The Indian Express
After leaving benchmark interest rates unchanged in the second consecutive policy review, RBI governor Shaktikanta Das on Thursday said the central bank has many other instruments
RBI keeps repo rate unchanged at 5.15%, sees GDP growth in 2020-21 at 6% | Business News,The Indian Express
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) kept its repo rate under the liquidity adjustment facility (LAF) unchanged at 5.15
Bankers, analysts welcome RBI’s liquidity boosting policy measures | Business Standard News
Bankers and analysts were positively surprised with the slew of liquidity-enabling measures announced in an otherwise expected RBI monetary policy that left the key rates unchanged
RBI keeps rates steady to balance growth, inflation – business news – Hindustan Times
The Reserve Bank of India (RBI) on Thursday kept policy rates unchanged for the second time in a row as it saw inflation “elevated and
Amfi seeks clarification from tax authorities on removal of DDT, TDS introduction–Deccan Chronicle
New Delhi: Industry body Amfi has sought clarification from relevant tax authorities with regard to the government’s plan to scrap dividend distribution tax (DDT) on mutual
RBI will have to do heavy lifting to boost growth by cutting rates: HDFC Bank | Deccan Herald
The Budget does not provide any counter-cyclical stimulus to boost consumption, and the Reserve Bank will have to do the heavy lifting to boost growth
SC reiteration of bail norm is welcome | Deccan Herald
The recent ruling by a constitution bench of the Supreme Court has expanded the scope of the provision for anticipatory bail in the Criminal Procedure
FM promised truth, but the Budget lies on fiscal deficit | Deccan Herald
Finance Minister Nirmala Sitharaman’s Budget confirms the apprehension that the actual fiscal deficit for 2019-20 would exceed the budget estimate (BE) by a significant margin.
For every rupee in govt kitty, 64 paise come from taxes – Business News
For every rupee in the government coffer, 64 paise will come from direct and indirect taxes, while states’ share of taxes and duties is the
Tax dispute settlement scheme details: No penalty, interest if you settle tax dispute by Mar 31 – The Economic Times
Taxpayer availing the benefit on or after April 1, 2020, then thirty per cent of disputed interest or disputed penalty or disputed fee will be
Income Tax Budget announcements: Income tax highlights of Budget 2020 – The Economic Times
By Shalini Jain The Finance Minister introduced several proposals in relation to the personal tax regime in the Union Budget 2020 presented in the parliament on February 1, 2020.
LIC Listing a Plus For Policyholders–Economic Times
The budget announcement that the government would divest a part of its holding in Life Insurance Corporation (LIC) via an initial public offering is good