The Government has increased minimum support prices for kharif commodities dramatically because it has realised that it was not doing enough for the farmers, said
Category: Merits back reference
A solution for non-performing assets? The main criticism of the AMC proposal relates to the source of funding – The Financial Express–06.07.2018
The non-performing assets (NPA) of banks have been climbing year after year and had reached 11.6% of gross advances by the end of March 2018.
Insolvency process: IBBI rejigs norms, specifies timeline for resolution | Business Standard News–05.07.2018–*****
The IBBI has notified revised norms for insolvency resolution process paving the way for home buyers to seek relief as financial creditors, putting in place clear timelines to be
India’s quick fix for banks has a loophole | Opinion | business news | Hindustan Times–05.07.2018
Each new day brings a fresh band-aid in India’s efforts to patch up its banks. Last week’s highlight was an egregious plan to dump moth-eaten
Here are the financial issues that NRIs might face on their return to India | Business Standard News–05.07.2018—-*****
Placement firms in India have witnessed a spike in applications from US-based tech workers. “Around 60,000-100,000 people could be affected in the short run by
Bad loans are just the tip of the iceberg – Business Line–04.07.2018
Indian banks are hit not just by the alarming rise in NPAs but also by serious governance issues There has been an increased interest around
Rs 800-900 billion needed to resolve large toxic loans, says Sunil Mehta | Business Standard News–04.07.2018
The resolution of banks’ big-ticket stressed assets, those above Rs 5 billion, would need funds worth Rs 800-900 billion from domestic and international investors. So
Unlikely the new plan will work as well as the IBC – The Financial Express–04.07.2018
The IBC route is as market-based and transparent as the new approach promises to be. The Sunil Mehta Committee’s suggestion that bad loans should be
One year of GST: Fix refunds to protect exporters – The Financial Express–04.07.2018
In India, you are eligible to apply for GST refund if you are an exporter of goods or services, or a person making supplies of
Public sector banks draw up bad loan resolution plan – The Economic Times–04.07.2018
The alternate investment fund proposed by state-run banks under the five-pronged resolution plan drafted by them will look to raise funds from domestic investors and
A More Nuanced Plan for Resolution–Economic Times–04.07.2018
The move to create an alternate resolution plan for distressed assets in addition to the bankruptcy code is a good idea. The plan, proposed by
‘RBI’s new working capital norms likely to push up default rates’ | The Indian Express–04.07.2018
The Reserve Bank of India’s new draft guidelines on the disbursement of working capital credit are likely to hit the liquidity profile of the most
Can ARCs ease banks’ burden? – Business Line–01.07.2018
With banks reeling under bad loans, talk of setting up a public asset reconstruction company has flowed and ebbed. In this context, we look at
Must Read –GST Return Form: The need for simplified GST return form and what to expect–30.06.2018
The simplified GST return filing forms promises to reduce confusion among the taxpayers and decrease the number of returns from 36 to just 12 a year. MS
Must Read–GST Return Form: The need for simplified GST return form and what to expect–Economic Times–30.06.2018
One year into the goods and services tax (GST) regime, early-day jitters have given way to general acceptance that this may not be the most
Must Read–GST: A tax reform that’s paying off – Business Line–30.06.2018
One year is probably a good time to evaluate the performance of GST (Goods and Services Tax). At the same time, it is also too
[ Rupee Vs Dollar ] Do no harm | The Indian Express–30.06.2018
There is little government or RBI can do on falling rupee. Lessons of May-August 2013 shouldn’t be forgotten The rupee has come under renewed pressure,
Must Read–One year of GST: Sowing the seeds for fruits of GDP growth in the future | Business Standard News–29.06.2018
A year back when GST was being rolled out, this was a point of time when many state legislatures were in the mode of circumspection. GST was long needed
Rising dollar, crude oil, US trade war push rupee to life-time low – Business Line–29.06.2018
The strengthening dollar, the rising price of crude, the Trump administration’s trade war and the sell-off by foreign portfolio investors roiled the rupee on Thursday,
GST – well begun, some more way to go – The Financial Express–28.06.2018
By: MS Mani GST – well begun, some more way to go The Goods and Services Tax (GST) reform has been the single-largest reform ever undertaken,