Finance minister Arun Jaitley on Thursday declared that criminal and recovery proceedings will be initiated against defaulters of bank loans who divert money and stressed
Author: Anil R Tikotekar
Rural demand to pick-up post October: Report – The Financial Express–04.08.2017
The lower global oil prices will be the biggest help in lowering the input costs for agriculture, it said. American brokerage BofAML today said it
Banks may need 20% incremental provisioning for 50 large NPAs – The Financial Express–04.08.2017
“Banks may require an incremental provisioning of 20 per cent against cumulative debt of 50 large stressed assets worth over Rs 4.3 lakh crore,” says
Chocolate mithais to attract 5% GST, Centre clarifies | Business Standard–04.08.2017
Sandesh, with or without chocolate, will be taxed at 5 per cent, the government clarified on Thursday along with the goods and services tax (GST)
Businesses can file July returns on GSTN from Aug 5 | Business Standard–04.08.2017
The first tax returns under the new Goods and Services Tax (GST) regime can be filed from Saturday and the facility will remain open till
JSW Steel, Piramal Enterprises eye joint bid for stressed assets | Business Standard–04.08.2017
Sajjan Jindal-controlled JSW Steel is in discussion with Piramal Enterprises for a partnership that could result in a joint bidding of assets currently going through
How India differs from the top nations | Business Standard–04.08.2017
From the perspective of constitutional and legal rights, we can divide nations into three sorts. First, those that promise citizens rights very clearly and deliver
[ Agriculture ] Make it count | Business Standard–04.08.2017
The rainfall in the first half of the four-month monsoon season (June to September) has been fairly satisfactory despite the incidence of drought in parts
Debtors can’t be allowed to paralyse banking system, says Arun Jaitley | Business Standard–Economic Times–04.08.2017
Finance Minister Arun Jaitley on Thursday said public sector banks needed the Banking Regulations Ordinance in order to be able to take decisions without fear
Voltas’ growth prospects remain cool as ever | Business Standard–04.08.2017
Voltas’ revenues for the quarter ended June 2017 (Q1) were broadly in line with the Street’s expectations despite the goods and services tax (GST)-led reduction
Bankers cautious on new benchmark move | Business Standard–04.08.2017
Welcoming the Reserve Bank of India’s (RBI’s) efforts to link market-determined benchmarks to price loans, bankers have said they preferred a gradual migration to new
Privacy and protection | Business Line–04.08.2017
Data protection is not a substitute for a right to privacy but the two are interlinked India is proud of its status as an IT
RBI’s MPC statement: An omission on China | Business Line–04.08.2017
The Reserve Bank of India’s monetary policy statement gives a bird’s eye view of global developments and the state of top economies in the world
End banks’ monopoly over retail savings | Business Line–04.08.2017
In the absence of viable options for risk-averse investors, Indian banks take depositors completely for granted Why do Indian banks get such kid-gloves treatment from
Income Tax department: This is how I-T department is using data analytics to catch tax evaders–Economic Times–03.08.2017
It’s not unusual to form an investment company for buying an expensive residential apartment. But in the case of a city Golf Link Road apartment,
Reserve Bank of India: RBI unsatisfied with MCLR, asks banks to lower rates further–Economic Times–03.08.2017
The RBI today continued to fault banks for not passing on the entire benefit of its rate cuts, saying it was unsatisfied with the MCLR
GST: Arun Jaitley indicates scope for rationalisation of rates under GST–Economic Times–03.08.2017
Finance minister Arun Jaitley on Wednesday said there is scope to rationalise goods and services tax (GST) and rolling 12 per cent and 18 per
NRI voting: Cabinet clears proxy voting for NRIs–Economic Times–03.08.2017
The Union Cabinet on Wednesday cleared a proposal to extend proxy voting to overseas Indians. The government will soon bring a bill that will amend
John Chambers: India to be among top 3 economic powers in 10-15 years: John Chambers–03.08.2017
India will figure among the top three economic powers in the world over the next 10-15 years, riding on the strength of its democracy and
Remonetisation: RBI says it’s comfortable with currency in circulation–Economic Times–03.08.201
The Reserve Bank of India said it’s comfortable with the currency currently in circulation, reaffirming the contention that notes won’t get back to pre-demonetisation levels.