Category: Latest Posts

Former prime minister Manmohan Singh slammed the Centre’s November decision to ban Rs 500 and Rs  1,000 notes, saying the move had slowed the economy,

Ailing public sector lender Indian Overseas Bank (IOB) has finalised a turnaround strategy, with a focus on bad loan recoveries, credit monitoring, human resource management

India’s chronically troubled power sector remains a potent symbol of the economic slowdown, with poor demand and the snail’s pace of reform contributing to the

Reserve Bank Governor Urjit Patel- led Monetary Policy Committee (MPC) on Tuesday began its bi-monthly interest rate review amid the government pitching for a reduction

The tax department is looking at expanding the scope of naming and shaming of defaulters by sharing detailed data with banks, financial institutions and credit

When the Centre constituted the insolvency and bankruptcy board, the intention was timely restructuring of a company’s finances. Six months since the initial cases were

Former Union Minister, economist, journalist and author Arun Shourie has slammed the government for working without following the democratic process of consultation. Excerpts from an

Finance minister Arun Jaitley was correct when he stated in April that constitutional constraints do not empower his government to tax agricultural income, implying that

The NPA issue has wider implications than its resolution because there is an uncomfortable thought that the high growth rates that were achieved during the

In preparing the second bimonthly policy statement for this fiscal, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) needs to view

Do you need GST registration? Any person who sells goods and/or provides services of more than Rs 20 lakh (Rs 10 lakh for North East

The life of today’s working individual is fast-paced. In their effort to achieve goals and objectives set by themselves and to meet expectations of loved

Last week, the Reserve Bank of India said an 89-year-old lender, founded by the Devkaran Nanjee family of Mumbai, is unfit to conduct normal banking

The Reserve Bank of lndia placed ailing public sector lender Dena Bank under prompt corrective action (PCA), in view of high net non-performing assets and

Intense tariff war and high taxes are expected to squeeze Indian telecom operators, leaving a gaping Rs 1,20,000 crore deficit between the industry’s earnings and

Shares of TVS Motor Company surged over 5% to hit its 52-week high after the auto major posted a growth of 15.7% in sales during

India’s largest online retailers are lobbying hard against requirement to register in each state under the proposed goods and services tax (GST) regime, which may