HIGHLIGHTS IMF chief economist said India’s growth story has been solid in the last four years He called for stricter norms to keep an eye
Author: Anil R Tikotekar
CLSA: There’s a compelling reason for a rate cut: Chris Wood – The Economic Times
Indian financial markets have started to price in the possibility of renewed monetary policy easing with the appointment of Shaktikanta Das as the Reserve Bank of India governor earlier
I don’t belong to any political party: Justice Sudip Ranjan Sen of Meghalaya High Court – The Economic Times
Justice Sudip Ranjan Sen of Meghalaya High Court clarified that he does not belong to any political party nor he has a dream to get any political berth
Abhijit Banerjee: Guv’s first few days are crucial, DeMo happened in first few weeks of Urjit Patel’s tenure: Abhijit Banerjee, MIT – The Economic Times
I do not think the Monetary Policy Committee (MPC) is directly under the government’s control. It has a very respectable chair in Bimal Jalan, Abhijit Banerjee, Professor of Economics, MIT, tells ET Now.
Market: Market feels a more balanced RBI policy is coming: Ashima Goyal – The Economic Times
RBI decision should not be seen as board dictated because that is key to governance, she said. As the dust surrounding the RBI-Centre saga settles, PMEAC Member Ashima Goyal calls
RBI: Public credit registry better for SMEs, not special norms:Viral Acharya – The Economic Times
The Reserve Bank prefers fundamental changes to smoothen loan flow to micro-businesses through a public credit registry, rather than doling out forbearances, deputy governor Viral Acharya Saturday
No tax benefit on house sale if new flat is in wife’s name: ITAT – The Economic Times
The Income-Tax Appellate Tribunal (ITAT)’s Mumbai bench recently denied a taxpayer I-T benefits available when long-term capital gains arising from sale of a residential property are invested
Aadhaar card reprint: Lost your Aadhaar card? Here’s how you can get it reprinted
You can use either your Aadhaar number or Virtual Identification Number (VID) for putting in a request to reprint your Aadhaar card. The Unique Identification Authority
Cash-strapped IL&FS group selling luxury cars, office furniture to raise funds – The Economic Times
Debt-laden IL&FS group firms are selling high-end cars, office furniture, electrical appliances and other assets in a bid to raise funds. The Infrastructure Leasing &
Stressed PSU General Insurers may face PCA-like restrictions – The Economic Times
The Insurance Regulatory and Development Authority of India (IRDAI) has prescribed that all insurance companies maintain a surplus of 1.5 times the liabilities at all
Economists call for enhancing tax base – The Economic Times
The economists said states should be encouraged to undertake fiscal consolidation as they were lagging and called for a need to reprioritise expenditure. A group
Merger of BoB, Dena bank and Vijaya bank unwarranted: AIBEA – The Economic Times
The All India Bank Employees Association (AIBEA) which has called for a nation-wide strike on December 26 opposing the merger of Bank of BarodaNSE -0.40 %, Dena
Privatisation of PSBs not panacea; need to cut govt mandates for PSBs: Raghuram Rajan – The Economic Times
He further said public sector banks still not adequately professionalised and there is a need to substantially improve risk management. Pointing out that privatisation of public
Srikrishna panel report on Kochhar only next year – The Hindu BusinessLine
The independent enquiry panel under retired judge of the Supreme Court BN Srikrishna that is probing allegations of corporate misconduct and quid pro quo in a loan
Public credit registry better for SMEs and banks: Viral Acharya – The Hindu BusinessLine
The RBI prefers fundamental changes to smoothen loan flow to micro-businesses through a public credit registry, rather than doling out forbearances, deputy governor Viral Acharya
Wilful defaulters: Bombay HC stays CIC fiat to RBI on list – The Hindu BusinessLine
The Bombay High Court, on Friday, granted interim stay on orders passed by the Central Information Commission (CIC) directing the Reserve Bank of India to
Justice Sen Must Go, or Be Impeached–Economic Times
On Thursday, Justice S R Sen, the lone judge in the high court of Meghalaya, made history — albeit of a dubious kind. Pronouncing on
IIP Growth: More Than a Silver Lining–Economic Times
Quick estimates of industrial production suggest a welcome surge in output and consumption for October, which shows the potential for policy action to prevent the
RBI-A challenge for governor Das–Economic Times
Kotak Mahindra Bank has taken the banking regulator to court. The issue must be sorted out amicably, and presents the new RBI governor with a
NPA: For NCLT, it is a race against time for resolution of NPAs–Economic Times
Justice delayed is justice denied, they say. And time value seems even bigger where big money — an estimated Rs 3.5 lakh crore —is involved.