Bank deposits are the one true friend of a middle class Indian and any threat to their safety is terribly upsetting. The government will introduce
Category: May Look At Leisurely
FRDI: ‘Depositors will be protected’ – The Hindu
Finance Minister Arun Jaitley has categorically asserted that depositors would be “fully protected” in the event of a bank failure, the third clarification the government
What does the FRDI Bill do for you? – The Hindu
Recently, a bill tabled in Parliament in August — the Financial Resolution and Deposit Insurance (FRDI) Bill 2017 — has been making news due to
How Paytm Payment Bank, Airtel Payment Bank are different from normal banks
Digitalization has taken the center stage now more than ever. Banking and all other kind of financial services has made its presence in the digital
Promoters’ equity will be eventually cancelled after resolution under bankruptcy: Corporate lawyer Shardul Shroff
With each passing day, more doubts and questions are emerging about the recent amendments introduced in the bankruptcy code. There are some who are even
Insolvency and Bankruptcy Code: Insolvency law: IBBI notifies norms for complaint handling – The Economic Times
The regulations for grievance handling procedure under the Insolvency and Bankruptcy Code have been notified, wherein the filing fee will be refunded to the stakeholder
Lowering merchant discount rate: The government and the RBI can subsidise it
After the RBI capped the merchant discount rate (MDR) on debit cards at differential rates depending on merchant turnover, retailers have started complaining loudly and
Insolvency law: IBBI notifies norms for complaint handling – The Financial Express
The Insolvency and Bankruptcy Board of India (IBBI), which is implementing the Code, has notified the regulations and will be applicable for all stakeholders, including
Insolvency and Bankruptcy Board of India notifies Regulations for handling of grievances and complaints; all details here – The Financial Express
In a major development, the Insolvency and Bankruptcy Board of India (IBBI) has notified the Regulations for handling of grievances and complaints. Finance Ministry has
No soft approach to large GST evaders: Tax officials – The Financial Express
A view has emerged at a high-level meeting of tax officials on Saturday to tighten the monitoring of taxpayers who have shown a big divergence
Firms, lenders ask RBI to extend insolvency deadline | Business Standard News
With time running out for a resolution of the second list of non-performing assets (NPAs) on the Reserve Bank of India (RBI) list, lenders and
Farm income security | Business Standard Editorials–11.12.2017
The farmers’ demand at the pre-Budget consultations with Finance Minister Arun Jaitley for an income security law, even though impractical like the concept of universal
What is the treatment of sales return under GST law? | Business Standard News
Please clarify whether advances received under the goods and services tax (GST) regime would attract tax and the document that needs to be raised at
Only two broad changes in FTP | Business Standard Column
There are two major highlights of the revised Foreign Trade Policy (FTP), unveiled last week. One, increases in duty credit entitlements for specified products and
India losing comparative advantage in leading export sectors – The Financial Express–09.12.2017
In a massive relief to Indian exporters, the government announced liberal incentives of Rs 8,450 crore ($1.3 billion) in its mid-term review of the five-year
Ending exemptions can take tax-to-GDP ratio to 22 pct, says Narendra Modi’s chief economy advisor Bibek Debroy – The Financial Express–09.12.2017
Blaming India Inc’s lobbying for tax exemptions, Prime Minister’s Economic Advisory Council chairman Bibek Debroy has said eliminating such exemptions can help increase the tax-to-GDP
Bitcoin hits $19,000: Growing bubble or golden opportunity for Indians? | Business Standard News–09.12.2017
Bitcoin has captured the imagination of investors across the globe, and the cryptocurrency has gained nearly 1,400% since the start of the year. The rally
MilkLane: Dairy supply chain startup MilkLane ensures high quality milk for consumers – The Economic Times–08.12.2017
In yet another instance of startups solving India-focussed problems garnering investors’ attention, dairy supply chain startup MilkLane has raised Rs 27 crore in its first
Artificial Intelligence could be a game-changer, but privacy concerns remain – The Economic Times–08.12.2017
NEW YORK: Despite so much buzz about Artificial Intelligence (AI) this year, nearly three-quarters of the consumers are concerned about AI infringing on their privacy,
Unease of farming: RBI policy highlights farm woes, agriculture too needs ease of doing business–08.12.2017
Expectedly, RBI’s fifth monetary policy for the financial year left key interest rate unchanged at 6%. Its analysis showed that the central bank expects inflation
