The Union finance ministry is asking for more money from the Reserve Bank of India (RBI). North Block, headquarters of the ministry, is reported to
Author: Anil R Tikotekar
MRP stickers: Government extends deadline for selling pre-GST stock with revised MRP till March 31, 2018 – The Economic Times–24.12.2017
The government has extended the deadline for sale of pre-GST stocks with stickers of revised maximum retail price (MRP) till March 31, 2018, Minister of
RBI: Don’t await nudge to resolve stressed loans: RBI to banks – The Economic Times–23.12.2017
The Reserve Bank of India advised banks to start insolvency proceedings against defaulting lenders without waiting for the regulator’s instructions. Prompt action by lenders will
Income Tax: You can shift residence, fudge address but you can’t avoid income tax notice anymore – The Economic Times–23.12.2017
Any of the following databases can be used to get your correct address to send you the communication. Avoiding income tax notices by fudging addresses
Niti Aayog: GST regime to stabilise in next 18 months: Niti Aayog Vice Chairman Rajiv Kumar – The Economic Times–23.12.2017
The Goods and Services Tax (GST) regime would get stabilised in the next 18 months, Niti Aayog Vice Chairman Rajiv Kumar said today. “Give us
70 complaints filed with Anti-Profiteering Authority: Govt Business Standard News–23.12.2017
As many as 70 complaints have been filed with the Anti-Profiteering Authority, which deals with cases under the GST regime, the finance ministry said today.
Banking: RBI warns against further downside risk for banking and economy – The Economic Times–22.12.2017
Reserve Bank of India has warned against further downside risk for the banking sector as asset quality concerns are far from over while it said
Improve competitiveness to scale up expots, says Economist Gita Gopinath – The Financial Express–22.12.2017
Blaming disruptions caused by the GST implementation for sluggish exports, noted economist Gita Gopinath has said the country will have to become more competitive if
India’s financial sector facing considerable challenges: IMF – The Financial Express–22.12.2017
India’s financial sector is facing considerable challenges with high non-performing assets and slow deleveraging and repair of corporate balance sheets testing the resilience of the banking
Three reasons why Nomura sees RBI’s key policy rates unchanged in 2018 – The Financial Express–22.12.2017
After the apex bank, in its bi-monthly policy review held earlier this month, kept policy rates unchanged, global research firm Nomura says that RBI’s key
Exports–What industry expected when Modi government implemented GST – The Financial Express–22.12.2017
With the introduction of the Goods and Services Tax (GST), industry expected the government to continue to work towards a robust and faster indirect tax
How to revitalise Indian economy? Answer is here – The Financial Express–22.12.2017
The monetary policy of the Reserve Bank of India (RBI) announced on December 6, 2017, acknowledges that the growth of real gross value-added accelerated during
Not a single macro economist thinks note ban was a good idea: Gita Gopinath | Business Standard News–22.12.2017
Demonetisation was not a good idea and the time should have been utilised instead to fine-tune the goods and services tax (GST) before it was
Insolvency ordinance may lead to greater cases of liquidation for SMEs – The Economic Times–22.12.2017
The new insolvency ordinance is expected to create substantial problems for SMEs and most may be liquidated if the revival plan does not work out.
Consumer Protection Bill: Cabinet approves Consumer Protection Bill – The Economic Times–21.12.2017
Focused on faster redressal of consumer grievances and to ensure stringent action against unfair trade practices, the Cabinet approved the introduction of the Consumer Protection
Companies Amendment Bill: Companies Amendment Bill passed: Creditors of insolvent cos can get shares at discount – The Economic Times–21.12.2017
The Companies Amendment Bill passed by Parliament has brought relief for creditors involved in insolvency proceedings allowing them to acquire shares of insolvent company at
Bankruptcy: More changes to bankruptcy code likely in Budget – The Economic Times–21.12.2017-R
The government will fix a few urgent problem areas in the insolvency ordinance when it is brought to Parliament in the ongoing session but is
RBI Governor Urjit Patel flagged concern over rising oil prices at MPC meet – The Financial Express–21.12.2017
RBI Governor Urjit Patel flagged concerns over rising global oil prices and uncertainties on fiscal and external fronts in the meeting of Monetary Policy Committee
Why FRDI Bill is no anti-depositor – Everything explained here – The Financial Express–21.12.2017
Though the government has issued a clarification, not too many seem convinced by it, and the dominant narrative remains one of how, in the event
Do we need an FRDI Bill? | Business Standard Column–21.12.2017
Recently, there has been a lot of noise in the public domain regarding the proposed Financial Resolution and Deposit Insurance (FRDI) Bill. The resolution method