Rapid adoption of technology across banking systems will help private sector banks increase their market share from the current 30 per cent to 50 per
Author: Anil R Tikotekar
Rs 127-bn PNB scam and NPA crisis are contributing to banking paralysis | Business Standard Column–21.03.2018
A spectre is haunting the Indian economy today — the spectre of banking paralysis. If it lingers for too long, it could seriously undermine the
Made a mistake while filing tax returns? Here’s how you can fix it | Business Standard News–20.03.2018
Every individual whose income exceeds the basic exemption limit of Rs 250,000 must file an income tax return. This limit is Rs 300,000 for those
Feeling unsafe amid digitisation push? Go for a cyber insurance cover | Business Standard News
The government’s thrust on financial digitisation has had an unwanted byproduct – a rise in cybercrime. According to recent reports, the government is planning to
Yashwant Sinha: Demonetisation has led to tax terrorism: Yashwant Sinha – The Economic Times–20.03.2018
Dissident BJP leader and former Union finance minister Yashwant Sinha today said demonetisation had led to “tax terrorism” and likened Prime Minister Narendra Modi to
GST–Absence of GST refund mechanism hits gold demand from tourists, NRIs – The Economic Times-203.03.2018
Foreign tourists and NRIs visiting India are not investing in gold jewellery like before as there is no mechanism to refund the GST on their
GSTN data: GSTN data may be used to reach out to MSMEs – The Economic Times–20.03.2018—–*****
The government is working on structuring a two month programme, leveraging data captured by the GST Network, to apprise small businesses of the schemes it
Narendra Modi: India’s net exports not doing well: Bibek Debroy – The Economic Times–20.03.2018
India’s net exports are not doing well even as the global economy is on the recovery path, Bibek Debroy, the head of Economic Advisory Council
Needed, independent prosecution agencies–Economic Times–20.03.2018
India’s criminal justice system is increasingly looking bereft of teeth. The Central Bureau of Investigation (CBI) recently failed to secure conviction in its case that
Exchange rate not just the RBI’s baby–Economic Times–20.03.2018
India’s exchange rate is a stumbling block in rapid export growth and the country will miss out on the opportunity to cash in on the
Yashwant Sinha compares PM Narendra Modi to Tughlaq, says demonetisation has failed – The Financial Express–20.03.2018
Former Union Finance Minister Yashwant Sinha on Monday said demonetisation has “failed comprehensively”, as he compared Prime Minister Narendra Modi to 14th century Delhi Sultanate
Rai alleges communication breakdown between Banks Board Bureau and govt | Business Standard News–20.03.2018
Banks Board Bureau (BBB) Chairman Vinod Rai on Monday hit out at the government for sitting over its slew of recommendations for public sector banking
Not a Happy New Year: Unemployment rate continues to remain elevated | Business Standard Column–20.03.2018
The unemployment rate continues to remain elevated. During the week ended March 18, it was 6.8 per cent. This was a tad lower than the
All you wanted to know about indexation – Business Line–20.03.2018
Stock market investors want it, but the finance minister isn’t keen to grant it. No, we aren’t referring to the part of a book that
A mixed picture: Sustained economic recovery is still uncertain | Business Standard Editorials–19.03.2018
It was a double bonanza for the Indian economy early last week, as two key macroeconomic indicators suggested a turnaround. The data showed that industrial
Public sector banks: Buck passing between RBI and Ministry of Finance | Business Standard Column–19.03.2018
Last week, Urjit Patel, among the most reticent and shy governors of the Reserve Bank of India (RBI) in recent memory, broke his habitual silence
Face-off or glasnost? It will be clearer if govt goes ahead with reforms | Business Standard Column–19.03.2018
It will be simplistic to describe the recent statement from Reserve Bank of India Governor Urjit Patel on the need to make bank regulation ownership-neutral
Economy+Budget–+ PNB scam fallout: Probably some PSBs no longer need to exist, says Debroy | Business Standard News–19.03.2018—–*****
With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to
India’s financial system and crisis: Dealing with this air pocket | Business Standard Column–19.03.2018—–*****
The financial system has run into a spot of difficulty, with a combination of events in banking, import financing, bond markets, capital flows, etc. This
Latest Supreme Court Judgments–From agricultural debts to service tax, here are the key court orders | Business Standard News–19.03.2018
Consumer complaints outside arbitration The Supreme Court has upheld the ruling of the National Consumer Commission that consumer disputes cannot be referred to arbitration. Some