The Central Board of Excise and Customs (CBEC) has put in place an alternative mechanism to refund Integrated Goods and Services Tax (IGST) already paid
Category: Economy
Consumption gains traction, but inflation may spoil the party – Business Line–05.03.2018
Pay panel payout, welfare spending, commodity prices may stoke inflation GDP data released last week caused much cheer. Among other favourable numbers, private spending, the
PNB scam hits buyers’ credit – The Hindu–05.03.2018
Poor protection: PNB had a basic banker’s indemnity policy against employee fraud of only up to Rs. 2 cr. R.V. Moorthy Interest rates go through
Public sector banks write off NPAs worth Rs 516 crore in first half of current fiscal | business news | Hindustan Times–05.03.2018
Public sector banks have written off loans worth Rs 516 crore owed by wilful defaulters in the first half of the current fiscal, as per
[Interest Rates ]Borrowing terms | The Indian Express–05.03.2018
The State Bank of India (SBI) has raised its one-year MCLR or marginal cost of funds-based lending rate from 7.95 per cent to 8.15 per
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पेटीएमचे जनक शर्मा, अमेरिकेचे अध्यक्ष ट्रम्प आणि आपले मायबाप सरकार अशा अनेकांना अचानक स्वदेशीचा पुळका आला आहे.. फेसबुक ही जगातील अत्यंत दुष्ट आणि पापी कंपनी
Narendra Modi | Demonetisation: Currency in circulation almost at pre-demonetisation levels–Economic Times–04.03.2018
Currency in circulation is almost at pre-demonentisation levels at 99.17 percent. It has taken fifteen months for the currency in ciruclation to get back to
Investment is good news on GDP front–Economic Times–04.03.2018—–*****
The second advance estimate of economic output growth for the current fiscal year shows growth picking up, but, at 6.6%, still falling short of even
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पाच तिमाहींनंतर भारताचा आर्थिक विकास दर पुन्हा सात टक्क्यांच्या वर पोहोचला आहे. नोटाबंदीनंतरच्या चार तिमाहींमधील ही सर्वोत्तम कामगिरी ठरली. ८ नोव्हेंबर २०१६च्या नोटाबंदीच्या निर्णयाआधी म्हणजे
Fixing the problem: Banking is one sector still facing a sense of crisis | Business Standard Column–04.03.2018
Economic growth is back above 7 per cent, and one could speculate whether a window of opportunity for reform has just closed. Though the Narendra
How long can depositors bail out banks? – Business Line–04.03.2018
The Centre’s infusion of a whopping ₹88,000-odd crore of capital into ailing public sector banks sometime back should have raised a furore. After all, it
SMEs to create jobs in India: Chris Zook, Bain’s global strategy co-head – The Economic Times–04.03.2018
In an interview to TOI on the sidelines of the Economic Times Global Business Summit, Zook backs the creation of Indian homegrown multinationals and says
Jaitley s Decisive Budget -Minhaz Merchant – BW Businessworld–02.03.2018
This is Finance Minister Arun Jaitley’s last chance: the 2018-19 Union Budget, scheduled for February 1, will be Jaitley’s fifth Budget. With the Lok Sabha
The Indian Economy Limbers Up-Minhaz Merchant – BW Businessworld–02.03.2018
As the BJP and Congress internalise the lessons of the 2017 Gujarat assembly election, two questions arise. First, how will Prime Minister Narendra Modi calibrate
Growth inches up: GDP data shows economy is recovering but consumption growth slowdown is worrying–Times of India–02.03.2018
The economy grew at 7.2% in the October-December quarter, the fastest pace of growth we have seen in a little over a year. The positive
Low interest rate party over: Here is why top banks hiking MCLR is not good news | The Indian Express–02.03.2018
A day after the Central Statistics Office’s data confirmed that the Indian economy was firmly on the road to recovery, with annual growth in gross
[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
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
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