The Income-Tax Appellate Tribunal (ITAT) has said NRIs do not need to reveal details of their foreign bank accounts and assets to Indian authorities. The
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
Restructuring of MSME loans a ‘step backwards’, risks to manifest in 6-9 months: Fitch – The Hindu BusinessLine
The decision to restructure loans of up to Rs 25 crore for the MSME sector is a “step backwards” and the risks to the banking sector will
Engineering exports may dip $5 b this fiscal on growing protectionism: EEPC – The Hindu BusinessLine
Engineering exports are expected to dip by $5 billion in the current fiscal following increased protectionist measures by the US and Europe. The ambiguity over
Suspension of Aadhaar verification to hit lending of small fintech players – The Hindu BusinessLine
Fintech players, especially online lenders in the personal and consumer loans segment, are likely to face slowdown in business following the Supreme Court order that
NBFC problem is one of insolvency, not liquidity – The Financial Express
Going by the substantial rollovers and new issuances of commercial paper (CP) by NBFCs, in November so far, there seems to be no crisis. The
RBI: Signal to govt? Urjit Patel says RBI needs its current reserves – Times of India
The current level of currency reserves held by RBI is necessary in view of international volatility and to maintain high creditworthiness, governor Urjit Patel told a parliamentary committee on
The Reserve Bank versus government saga: In search of core solutions – The Economic Times
By Ananth Narayan The last few months have been busy for our financial ecosystem, for the wrong reasons. RBI folks have been busy penning and
Urjit Patel steers clear of questions on govt invoking section 7; here’s what you need to know – The Financial Express
RBI governor Urjit Patel on Tuesday steered clear of questions on whether the Narendra Modi government invoked special powers under the never-used Section 7 of
Bankrupt plan: New bankruptcy resolution plan is full of holes, a bad idea – The Financial Express
With a good number of cases having been heard and successfully concluded, the time taken to resolve the next lot of cases should be much
MPC must prepare for cutting interest rates; risks to core inflation have abated – The Financial Express
External and domestic factors have completely overturned India’s inflation scenario since the October review of monetary policy. International oil prices have nosedived, and quite unpredictably
Pre-packaged bankruptcy scheme to speed up insolvency resolutions pre-IBC – The Financial Express
The resolution plan so reached can then be placed before the NCLT for approval, so that it can be implemented. The government is exploring the
Decoded: Brexit effects on the global economy – The Financial Express
Tax and regulatory arbitrage are likely to become increasingly common as well. The singular issue of Brexit has consumed the United Kingdom for two and
NPA malaise: Why pursuing a bank merger may not be advisable – The Financial Express
By, Barendra Kumar Bhoi India’s banking system is passing through a critical time due to the overhang of large non-performing assets (NPA). Efforts are being
Essar Steel insolvency case lands in legal ambiguity; NCLT to hear Essar Steel insolvency case | Business Standard News
Hurdles in the Essar Steel (ESIL) insolvency case before the National Company Law Tribunal’s (NCLT’s) bench at Ahmedabad continue to pile up. A hearing is
Money matters | Business Standard Column
Over the last two months, I have been forced to think about monetary policy, first at a meeting of the Mont Pelerin Society (MPS, the
Fall in oil prices may cause new worries | Business Standard Column
The last three weeks have seen the collapse of oil. Prices have fallen to 2018 lows and more falls may be on the cards. This
Hopes arise on trade thawing | Business Standard Column
India and Pakistan have agreed to construct a new border entry point and road, for Sikh pilgrims to visit Gurdwara Darbar Sahib there, at Kartarpur. The decision coincides with the 550th anniversary
RBI vs MoF: Pot, kettle & citizens | Business Standard Column
In late October-early November, the Ministry of Finance (MoF) got into a very public spat with the Reserve Bank of India (RBI). Most of us got sucked
RBI: Autonomy and accountability | Business Standard Column
The government has opened up the issue of the relationship between the finance ministry and the RBI. The public criticism by each protagonist about the
Bank defaulters: It is time to shed reservations about naming and shaming | Business Standard Column
The war against bank defaulters in the world’s sixth largest economy has intensified with the Indian government authorising the CEOs of public sector banks to
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