Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/people-vs-banks-will-the-common-man-benefit-as-the-transparency-fight-enters-the-last-leg/primearticleshow/86787645.cms SynopsisThe RBI and banks are believed to be working on ways to give better public disclosure. A draft will be presented to the
Day: October 6, 2021
monetary policy: Deepening energy crisis raises inflation alarm as RBI meets – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/deepening-energy-crisis-raises-inflation-alarm-as-rbi-meets/articleshow/86800039.cmsSynopsis While gains in consumer prices are, for now, within the Reserve Bank of India’s 2%-6% target range, the core measure — which strips
Self-employed, non-salaried draw the gaze of housing financiers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/self-employed-non-salaried-draw-the-gaze-of-housing-financiers/article36835465.ece Lenders see rise in demand for home ownership in this huge chunk of population Housing finance companies are betting big on self-employed and
Srei Infra and Equipment Finance have debt obligations of over ₹29,000 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/srei-infra-and-equipment-finance-have-debt-obligations-of-over-29000-crore/article36836171.ece Most banks have been providing for their exposure to the two companies The Reserve Bank of India is expected to soon initiate the
‘Habitats can prevent crimes’, says Vijayan, IG of Police – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/habitats-can-prevent-crimes-says-vijayan-ig-of-police/article36838994.ece “Healthy families secure a healthy society: so, ensure houses for all for a healthy society.” Vijayan said this while delivering the 20th Beyond
GSTN to periodically check monthly return filing compliance for e-way bill blocking – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gstn-to-periodically-check-monthly-return-filing-compliance-for-e-way-bill-blocking/article36839371.ece Bid to curb tax evasion In an effort to curb evasion, GST Network (the information technology backbone of indirect tax) has said that
RERA has brought housing sector out of fraud and mistrust: PM Modi – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/rera-has-brought-housing-sector-out-of-fraud-and-mistrust-pm-modi/article36842379.ece Prime Minister Narendra Modi visits Exhibition area at the inauguration of the ‘Azadi@75 – New Urban India: Transforming Urban Landscape’ conference-cum-expo, in Lucknow
Macroeconomics is no longer good enough | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/macroeconomics-is-no-longer-good-enough-121100501548_1.html The world today is simply too complex for economists to comprehend in real time In June this year, Tamil Nadu announced the setting up of
Liquidity normalisation is upon us | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/liquidity-normalisation-is-upon-us-121100600091_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Growth prospects have brightened and inflation outlook has eased, despite lingering concerns as to potential broad-based supply shocks The path of the economy’s
How new auto-debit rules that require customer consent will impact you | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/how-new-auto-debit-rules-that-require-customer-consent-will-impact-you-121100501375_1.html All kinds of recurring or auto-debit payments now require the customer’s consent before they are cleared, mandate RBI’s new rules. What does this
Refund interest paid on ineligible input tax credit, says industry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/refund-interest-paid-on-ineligible-input-tax-credit-says-industry-121100600081_1.html The levy of interest on availed but unutilised input tax credit is a subject of significant disputes in GST since its implementation Photo:
New order for NBFCs | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/new-order-for-nbfcs-121100501533_1.html RBI’s timely action on Srei shows willingness to use its powers The Reserve Bank of India (RBI), as the regulator of banks and
Towards policy normalisation | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/towards-policy-normalisation-121100501526_1.html The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is widely expected to maintain the status quo on both the policy rate
Corporate frauds likely to spike in post-Covid set-up, says survey | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/corporate-frauds-likely-to-spike-in-post-covid-set-up-says-survey-121100600078_1.html Over 62 per cent of independent directors indicated that they believe fraud will increase over the next two years About 63 per cent
‘Poor will be affected’: India’s ethanol plan sparks food security fears | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/poor-will-be-affected-india-s-ethanol-plan-sparks-food-security-fears-121100600132_1.html Government argues that a new ethanol goal will help save billions of rupees by cutting crude imports, reduce carbon emissions and boost farmers’
Interest rates — We are in a neutral zone now – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-interest-rates-we-are-in-a-neutral-zone-now/2344486/ So far, the RBI has been on a rate reduction cycle. Gradually, as economic recovery gains traction, the RBI will change stance as
Diligence is overdue – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/diligence-is-overdue/2344543/ SREI case further proof of banks’ laxity, RBI lacking alertness too Given the chequered history of NBFCs—hundreds of them have folded up—it is
Resolving commercial disputes – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/resolving-commercial-disputes/2344547/ Arbitration has the potential to offer an opportunity of inter partes dialogue, which is missing in litigation They neither have the time (due
On Digital Health ID, proceed with caution | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/digital-health-id-electronic-medical-records-7554392/ Government must weigh all pros and cons, learn from experiences of other countries to ensure that a good policy does not die due
Pandora’s box | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/pandora-papers-icij-black-money-7554400/ Documents showing how global elites continue to exploit tax loopholes underline need for comprehensive reform. The Pandora Papers show that over 300 Indians
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