Clipped from: https://www.thehindubusinessline.com/money-and-banking/two-psbs-one-insurance-firm-to-be-privatised/article33718712.ece The government is planning to set the ball rolling on privatisation of two public sector banks (PSBs) and a general insurance company in
Day: February 3, 2021
FM proposes ARC to tide over NPAs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/fm-proposes-bad-bank-to-tide-over-npas/article33718524.ece Finance Minister Nirmala Sitharaman’s proposal for stressed asset resolution through the setting up of an asset reconstruction company and asset management company is
‘Cost of financing in the economy likely to go up’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cost-of-financing-in-the-economy-likely-to-go-up/article33719460.ece Cost of financing in the economy could go up as the government’s gross borrowing programme at ₹12-lakh crore in FY2022 is higher than
RBI gives banks three more months to appoint Chief Compliance Officer – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-gives-banks-three-more-months-to-appoint-chief-compliance-officer/article33732320.ece The Reserve Bank of India (RBI) has given banks three more months to appoint Chief Compliance Officer (CCO) as per the guidelines it
Budget proposes tax neutral benefit for conversion of UCBs into banking company – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/budget-proposes-tax-neutral-benefit-for-conversion-of-ucbs-into-banking-company/article33739017.ece Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman× The RBI had in 2018 permitted voluntary transition of primary coop banks into small finance
Ineffective nudge – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/ineffective-nudge/article33698083.ece The sketchy scrappage policy may neither promote replacement nor spur the economy A scrappage policy to take polluting vehicles off the roads and
Batting on the front foot – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-budget-has-abandoned-fiscal-conservatism-to-give-growth-a-meaningful-push/article33719813.ece The Budget has abandoned fiscal conservatism to give growth a meaningful push Finance Minister Nirmala Sitharaman was faced with the difficult choice of
Blueprint for a post-pandemic economy – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/blueprint-for-a-post-pandemic-economy/article33733069.ece Budget proposals on financial sector and other reforms are welcome. But fiscal consolidation has been put off for another day The Finance Minister,
The crucial roadmap for the economy is missing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-crucial-roadmap-for-the-economy-is-missing/article33733214.ece Annual Budgets are generally meant to present the blueprint of all activities the government plans to undertake in a fiscal, but the Union
Achieving Pareto Optimality – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/achieving-pareto-optimality/article33733180.ece With fiscal curbs off, the FM had more leeway to spend Achieving Pareto Optimality in a Budget is often hard — a situation
Too much onus on tax deductors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/too-much-onus-on-tax-deductors/article33733832.ece They cannot be expected to track the non-filers Where income tax is deductible at source, the person responsible for deducting is required to
Notably transparent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-budget-has-taken-a-big-step-towards-displaying-a-transparent-set-of-numbers/article33733062.ece The Budget has taken a big step towards displaying a transparent set of numbers A welcome change in the Union Budget of 2021-22
A building-block Budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-building-block-budget/article33733120.ece Gives a push to capex while easing fiscal consolidation Based on the recommendations of the Fifteenth Finance Commission, the Central government has agreed
Customs duty hikes: Companies to look at rejigging sourcing structures – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/customs-duty-hikes-companies-to-look-at-rejigging-sourcing-structures/article33736457.ece Will need to increase local sourcing, say players With the Central government continuing with its strategy to hike customs duties in the latest
RBI issues guidelines on risk-based internal audit for NBFCs, UCBs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-issues-guidelines-on-risk-based-internal-audit-for-nbfcs-ucbs/article33738044.ece?homepage=true The Reserve Bank of India (RBI) on Tuesday issued guidelines on risk-based internal audit (RBIA) framework for Non-Banking Financial Companies (NBFCs) and Primary
Unblocking of handles: IT Ministry notice to Twitter warns of consequences | India News,The Indian Express
Clipped from: https://indianexpress.com/article/india/twitter-accounts-farmers-protest-it-ministry-notice-7172690/ Around 100 Twitter accounts and 150 tweets related to the farmers’ protests went off the microblogging platform on Monday morning as the IT
The curious case of rising bank frauds | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/the-curious-case-of-rising-bank-frauds-944528.html RBI must create a new route map for banking supervision that is accountable to both the State and the taxpayer Representative image/Credit: Pixabay
A ‘no harm done’ Union Budget 2021, on balance | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/a-no-harm-done-union-budget-2021-on-balance-946434.html There have been some positive fallouts Union Finance Minister Nirmala Sitharaman. Credit: PTI Photo There is no doubt that the Finance Minister had
Will women be safe under police gaze? | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/second-edit/will-women-be-safe-under-police-gaze-946779.html The proposal for registration of women is also unsound and may even be dangerous Representative image. Credit: iStock photo. Two proposals that the
Looking beyond the Budget numbers to see if government schemes really work | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/looking-beyond-the-budget-numbers-to-see-if-government-schemes-really-work-945225.html Using a method such as the Outlay-Output-Outcome framework can go a long way in assessing the effectiveness of government spending Representative image. Credit:
