For effective change, the Board for Financial Supervision should be recast, providing it statutory status akin to the MPC As the high-decibel slug-fest over the
Category: Merits back reference
Lowering inflation is a major structural reform in India: IMF official – The Hindu BusinessLine
One major structural reform the Indian economy has witnessed over the last few years is lower inflation. For an economy where “higher than optimum level”
Bimal Jalan: Along with ECB tweaking, ensure steps to prevent flight of capital and BoP situation: Bimal Jalan – The Economic Times
Highlights The government is sending out a signal that we will manage it. I am hoping much of it works and the rupee starts appreciating
Banks merger a progressive step: Ficci – The Economic Times
Industry body Ficci Monday termed the government’s decision to merge three state-owned banks as a progressive move, noting that it signifies the government’s commitment to strengthen the
There’s overwhelming proof of IBC’s success, but Kapil Sibal sees cronyism in it – The Financial Express
IBC has resulted in defaulters, like the Ruias of Essar Steel, losing control of their companies, it is clearly anti-crony. Former telecom minister Kapil Sibal,
Return of the financial crash? – The Financial Express
As it was the tenth anniversary of the collapse of Lehman Brothers, the talk in town has been of a recurrence of that nightmare. As
Raghuram Rajan’s AQR for PSBs wasn’t a pragmatic move – The Financial Express
Banking dynamics were changing during Rajan’s Governorship, so were policies of regulator. The Note reads like a list of reaction function, not a research-based, policy-driven
RBI rejects Maharashtra Bank request to set off Rs 2,543 cr losses against share premium amount – The Financial Express
The Pune-headquartered state sector lender had got approval of board and shareholders to set off the accumulated loss of the bank as on March 31,
Corruption costs $2.6 trillion or 5 per cent of global GDP, says UN chief Antonio Guterres – The Financial Express
The cost of corruption is at least USD 2.6 trillion, or five per cent of the global GDP, UN Secretary-General Antonio Guterres has said and
The new direct taxes code must not die
The task force to rewrite the over five-and-a-half-decade-old income-tax Act must submit its report swiftly to enable the government to push for reforms in direct
Across the Aisle: A big ask in election year – The Financial Express
Numbers yo-yo up and down from month to month. Hence, economists and analysts always look for a trend, over a quarter or half year, before
Gold industry worried that govt will curb imports to stem CAD, rupee fall | Business Standard News
The government’s decision to put curbs on imports of non-essential commodities has sent ripples through the gold industry. In the past too, the yellow metal
Retrospective amendments in GST transitional provisions have shocked biz | Business Standard Column
When the new indirect tax regime came into effect on July 1 last year, the transition provisions allowed businesses to transition CENVAT credit as an input credit
Growing out of this banking crisis is harder | Business Standard Column
In post-1991 history, we in India have gone through two cycles of boom and bust. The investment boom of 1994 gave way to the woes of the
Courts foresee deluge of suits for two-way GST in real estate – The Economic Times
Uncertainty about the applicability of the goods and servicesNSE -0.34 % tax on joint development agreements, an increasingly popular form of property construction in West Bengal, is expected
Can salary paid for services by head office to its branch offices in other states attract GST? – The Economic Times
By Ranjeet Mahtani & Prateek Bansal With the introduction of Goods and Services Tax (GST) regime in India, the industry and trade has been befuddled
Intensive care for exports | Business Standard Column
The current government started its tenure with a manifest agenda of nursing economic growth, infrastructure development, and augmenting job creation. These economic objectives are intricately
Policy needs to keep up with changing job profiles: report – The Hindu BusinessLine
Policy makers should take into account how internet is creating new wave of jobs and should integrate the traditional method with new age tools and
Government brings in 5 big measures to get widening CAD under control – The Economic Times
The government Friday announced an array of steps, including removal of withholding tax on Masala bonds, relaxation for FPIs, and curbs on non-essential imports, to
JPMorgan: Govt may have to sacrifice growth to reduce fiscal deficit: Jahangir Aziz, JPMorgan – The Economic Times
Fix CAD, fiscal deficit first: Jahangir Aziz, JPMorgan Highlights When CAD and fiscal deficit go up, bond yields go up and exchange rate depreciates. The