Poorly regulated private banks are even more prone to scams and failure, as the financial sector is rife with information asymmetries and market imperfections. Eminent
Author: Anil R Tikotekar
[Health Insurance] Right to care | The Indian Express–02.03.2018
Most health insurance policies in India have a clause that excludes “genetic disorders” as grounds for mediclaim reimbursement. On Monday, the Delhi High Court ruled
[Economy] A cautious hope | The Indian Express–02.03.2018
Before this year’s budget, the Economic Survey had suggested that economic management would be challenging in the coming year. Amid the negative sentiment because of
Indian economy is bouncing back, but 7% growth might not be high enough | Mihir Sharma | business news | Hindustan Times–02.03.2018
It’s hard to cheer a recovery when you shouldn’t have had anything to recover from in the first place.(Prashanth Vishwanathan/Bloomberg) The Indian economy has been
Rising bond yields in India are driving away the country’s biggest banks | business news | Hindustan Times–02.03.2018
State Bank of India posted its first quarterly loss in 17 years in the three months through December 31, partly due to a decline in
A judicial crisis is at hand–Deccan Herald–02.03.2018
The problem of shortage of judges is becoming more and more acute, with vacancies in the country’s higher judiciary increasing by the month. There never
Q3 numbers suggest GDP growth is on the right path, finally | Business Standard News–01.03.2018
India regained its status as the world’s fastest growing major economy in the October-December quarter, surpassing China for the first time. Asia’s third-largest economy grew
Q3FY18 GDP growth at 7.2% is not great but isn’t bad either: Here’s why | Business Standard Column–01.03.2018
So, in vindication of what the government has been saying, GDP during the third quarter of 2017-18 has grown by 7.2%. It had grown by
Ex-RBI governor Subbarao cautions govt against deficit, import duties | Business Standard News–01.03.2018—–*****
Former RBI governor D Subbarao today cautioned against India’s deficit challenge and said the country is no longer the sweet spot due to rising oil
Held on arrival: on Karti Chidambaram’s arrest – The Hindu–01.03.2018
Whether the arrest of Karti Chidambaram, son of former Union Minister P. Chidambaram, will result in some forward movement in a criminal investigation that has
E-way bills redux: next step for GST Council – The Hindu–01.03.2018
The group of ministers assessing technology issues related to the Goods and Services Tax regime has proposed rolling out on April 1 the e-way bill
Fiscal deficit overshoots full-year revised estimate in Jan – The Hindu–01.03.2018—–*****
India’s fiscal deficit touched Rs 6.77 lakh crore at the end of January, 113.7 per cent of the target for the entire fiscal, on account
Follow the states | The Indian Express–Mr. Prithviraj Chavan–Ex Chief Minister of Maharashtra –01.03.2018
The National Health Protection Scheme (NHPS) was one of the two big bang announcements in the last full budget of the Narendra Modi government. It
Aircel to approach NCLT to file for India insolvency as soon as today | business news | Hindustan Times–01.03.2018
Billionaire T Ananda Krishnan’s Aircel Ltd. is poised to file for bankruptcy protection from creditors, people with knowledge of the matter said, which would make
Low-cost home loans face higher risk of defaults: report–01.03.2018
Even as government policies give huge thrust to affordable housing, data reveals elevated risks in the segment for lenders because of a higher propensity among
Finance Ministry gives 15-day deadline to PSBs to detect frauds, -wilful defaults–Business Today–28.02.2018
In light of the biggest banking scam in the Punjab National Bank (PNB) that rocked the country this month, the government has started its ambitious
Donald Trump mocks India’s import duty cut on Harley Davidson bikes; mimics PM Modi along the way–Business Today–28.02.2018
For a second time in two weeks, US President Donald Trump raked up the issue of import duties on Harley-Davidson motorcycles in India. Speaking at
What is the fugitive bill? Can it stop the likes of Nirav Modi, Vijay Mallya?–Business Today [ India Today Group ] 28.02.2018
Prompted first by the Vijay Mallya case and now by the Nirav Modi-PNB scam, the Modi government is trying to fast track the draft law
Denying health insurance for genetic conditions ‘unconstitutional’, violates rights, says Delhi HC–Business Today–[ India Today Group ] 28.02.2018
The Delhi High Court has passed a judgment that would, in future, make health insurance contracts more transparent. The court asked Insurance Regulatory and Development
Why many registered taxpayers are not filing GST returns–Business Today–28.02.2018
Despite all earlier claims of the government that the Goods and Services Tax (GST) would force taxpayers to be more compliant, the number of returns