Thiruvananthapuram: Kerala Finance minister Thomas Isaac on Tuesday said the state government had failed to receive its share of the Goods and Services Tax (GST) dues
Category: News of interest
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Slump or slowdown? Answer to that question isn’t particularly relevant. Faster growth is the only thing that matters–Times of India
Anurag Thakur, minister of state for finance, observed in Lok Sabha this week that India is the fastest growing major economy in the world. He
RBI has cut rates by 110 bps since April, but average lending rates goes up 8 bps: Report – The Economic Times
Despite the Reserve Bank making credit cheaper, lending rates are rising for borrowers after accounting for inflation and falling economic growth, a foreign brokerage said on Monday. The weighted average
PMC Bank crisis: Should you change your bank? Here’s how to evaluate – The Economic Times
In case of failed ATM withdrawals or fund transfers, too, banks have to adhere to RBI rules. The Punjab and Maharashtra Co-operative (PMC) Bank crisis,
Asia Economy: Fiscal stimulus needed to revive India’s stuttering economy: Analysts–Economic Times
India has depended on monetary policy to support its economy growing at its slowest pace in six years but the government must now deploy more direct fiscal stimulus or
How to address the challenges expected from new GST returns – The Economic Times
Highlights The introduction of real-time invoice uploading could lead to certain complication A business will now need to be more aware of the vendors it
For more vigorous bond market steps–Economic Times
The development of an active and liquid corporate bond market is crucial for transparent and efficient financing of business and industry, particularly infrastructure projects. India
Homebuyers have filed over 1,800 cases under insolvency law: Govt – The Financial Express
Citing the information received from NCLT, Minister of State for Corporate Affairs Anurag Singh Thakur said that a total 1,821 cases have been filed by
SBI appoints collection agents for DHFL loan pools – The Financial Express
State Bank of India (SBI) has appointed collection agencies to collect repayments for retail pooled assets it bought from Dewan Housing Finance Corporation (DHFL) owing
Stressed assets: Banks may take cos to NCLT to avoid additional provisioning – The Financial Express
The recent verdict on Essar Steel via the NCLT route has given reason to bankers to take these cases to the NCLT. Banks are expected
MSME credit woes no more? Outstanding bank loans jump; small businesses borrowed this much last year – The Financial Express
Credit and Finance for MSMEs: The outstanding credit to the MSME sector by scheduled commercial banks for FY19 increased by 14.08 per cent from FY18. The
Why cloud computing is the gateway to industry 4.0 for Indian small businesses – The Financial Express
By R Narayan Technology for MSMEs: With Industry 4.0 taking a firm grip on global commerce, adaptation within the SME sector is not far behind. Enterprises
Beyond deposit insurance | Business Standard Editorials
The central board of the Reserve Bank of India (RBI) is expected to raise the deposit insurance limit from Rs 1 lakh to Rs 5 lakh. This
Biggest drop in power demand makes Indian banks’ bad debt headache worse | Business Standard News
The biggest drop in India’s electricity demand in at least 12 years is hindering efforts of Indian lenders to recover a pile of loans to power producers
Justice Bobde has his task cut out for him | Deccan Herald
As Justice Sharad Arvind Bobde takes over as the 47th Chief Justice of India, his short term of 18 months is strewn with challenges. While
Niti Aayog looking at providing middle class with health cover | India News – Times of India
Highlights Government think tank NITI Aayog has suggested “consolidation” of healthcare services and providers to reduce health expenditure and improve access In a new report
Common sense wins in Essar Steel bankruptcy case, eases private equity fears–The Print
Two- and-a-half years after the Indian central bank took the highly unusual step of directing banks to put 12 large corporate debtors into bankruptcy, the
With the economic centre of gravity shifting to states, India’s growth hinges on cooperative federalism. | The Indian Express
India’s prospects, including our aspiration for a -trillion economy, depend on the Centre and the states working together. In the World Bank’s Ease of Doing
Selling your property but don’t want to invest in another? Here’s how you can reduce LTCG outgo–Business Today
One can choose the bond route provided under section 54EC of the Income Tax Act Property is one of the most valuable assets one may
Hotel liable for vehicle theft from parking: SC – The Economic Times
Highlights The bench said when the hotel actively undertakes to park the vehicle for the owner, keep it in safe custody and return it upon