Union cabinet cleared the first of the four labour codes on wages, paving way for consolidation of more than a dozen different central labour laws
Author: Anil R Tikotekar
Judicial overreach: Madras high court’s Vande Mataram order will complicate people’s lives–Times of India–27.07.2017
The Madras high court ruling making the singing of Vande Mataram mandatory in schools, government offices, private entities and industries in Tamil Nadu will have
Bad loan crisis: Here is how to cross the bankruptcy chasm – The Financial Express–27.07.2017
Atanu Mukherjee The introduction of the Insolvency and Bankruptcy Code, the formation of Insolvency and Bankruptcy Board of India (IBBI) and the recent RBI directed
Indian banks most at risk among South, South-East Asian peers: Poll – The Financial Express–27.07.2017
Indian banks are most at risk in South and South-East (S-E) Asia, and being under-capitalised, they lack sufficient loan provisioning, says a Moody’s poll. It
Right to Privacy can be fundamental right with some riders: Govt to SC | Business Standard News–27.07.2017
The Centre on Wednesday conceded in the Supreme Court that right to privacy may be considered as a fundamental right under the Constitution, but many
How farm loan waivers can hurt | Business Standard Column–27.07.2017
Let’s get a couple of things straight right at the outset. Indian farmers remain vulnerable to a host of adversities that include both crop failure
Time to cut rates | Business Standard Editorials–27.07.2017
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) will meet next Wednesday to review the central bank’s policy stance. The RBI
YES Bank — Improvement in asset quality offers respite to investors | Business Line–27.07.2017
YES Bank continued to deliver strong traction in loans, healthy deposit growth and improving margins in the latest June quarter. But for investors, the bank’s
FinMin asks PSBs to work togetherto hive off consortium loans gone bad | Business Line–27.07.2017
Says a united front will yield a better price from ARCs than selling loans piecemeal If public sector banks have collectively given a company a
RBI needs to look deep into cryptocurrencies, says PHDCCI chief | Business Line–27.07.2017
Bitcoins are a potential tool to boost the digital economy, but today these are fraught with high risks, said Gopal Jiwarajka, President, PHD Chamber of
Banks lending to housing segment loses steam | Business Line–27.07.2017
With corporate lending taking a hit due to downturn in investment activity, banks have been relying on the retail segment to drive growth. Within retail,
Axis Bank Q1 net plunges 16% to ₹1,306 cr as bad loans mount | Business Line–27.07.2017
This is the sixth consecutive quarter in which the lender posted a decline in profit Axis Bank’s net profit shrunk for the sixth quarter on
India is underperforming in infra spends, says report | Business Line–27.07.2017
India is underperforming in terms of spending needs (in relation to GDP) in several infrastructure segments, within its peer group (low- and middle-income countries) that
PM job scheme: CAG blames MSME Ministry for delayed release of funds | Business Line–27.07.2017
PM job scheme: CAG blames MSME Ministry for delayed release of funds Aditi Nigam Release of funds at the fag end of 2015-16 by the
’Rs 8 lakh cr NPAs may face bankruptcy proceedings’ | Business Line–27.07.2017
Emboldened by the Banking Regulation (Amendment) Ordinance, the RBI is expected to push for resolution bad loans worth around Rs. 8 lakh crore by March
Now, gold importers misusing FTA route for money laundering | Business Standard News–27.07.2017
If industry experts are to be believed, the recently implemented goods and services tax (GST) regime might have inadvertently opened a channel for gold importers
From free to Rs 120/kg: How to prevent tomato crisis from hurting farmers, consumers | Business Standard News–27.07.2017
When tomatoes make it to the news, it is mostly for the wrong reasons. The pictures of farmers dumping the produce have now been permanently
Reader’s corner: Taxation | Business Standard News–27.07.2017
I moved to Singapore five years earlier. I have Rs 5 lakh in a savings bank account in India. There have been no transactions since
Beware of fake income tax e-mails | Business Standard News–27.07.2017
If you receive an email claiming to be from the income tax (I-T) department that there’s an outstanding tax demand that you need to pay
NPA: Big financial blow for NPA-laden banks on cards as RBI unlikely to ease provisioning load–Economic Times–26.07.2017
Banks hoping to escape steep provisions on loans referred to bankruptcy court, apart from the 12 companies that the Reserve Bank of India (RBI) recently