The recent mid-term review of foreign trade policy (FTP) promises to scale up exports, as the government believes exports are the engine of growth, and
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Exports jump 30% to $26 bn in November; trade deficit at $13.8 bn | Business Standard News–16.12.2017
India’s exports rose 30.55% to $26.19 billion in November, reversing the decline witnessed in October, helped by robust growth in shipments of gems and jewellery
thirdwatch: Catch me if you can: For ecommerce fraudsters it may be the end of the game – The Economic Times
Despite having multiple checks and balances in place, etailers continue to regularly fall prey to the machinations of fraudsters. Name of the Company: ThirdWatch Name
India, China rising even as West slows down; Meghnad Desai explains why this great transformation happened – The Financial Express
Income growth rates are also low in the Eurozone and the UK. The US seems to be in a state of full employment, low inflation
Forget debit cards, use UPI; even as retailers slam RBI merchant discount rates, here is way forward – The Financial Express
Given how wafer-thin retailer margins are—often 3-4%—it is not surprising retailers are up in arms against the central bank’s latest guidelines on merchant discount rates,
Define, not shun, global e-commerce–Economic Times–12.12.2017
At the WTO Ministerial in Buenos Aires, India is reportedly blocking moves to put in place rules for e-commerce. This is wrong. Global e-commerce rules
Financial stability, inclusion go together, says former RBI Governor Bimal Jalan – The Financial Express–12.12.2017
Programmes of financial inclusion are part of the larger financial system, the stability of which is essential to the success of the inclusive initiatives, a
Farm loan waiver gets thumbs-down from former RBI governors YV Reddy, C Rangarajan – The Financial Express–12.12.2017
With the farm loan waiver pitch getting shriller by the day, former RBI governor Y V Reddy today said the practice is not good for
IBC auctions: Stressed unlisted firms may get tax incentives | Business Standard News
Transfer of shares of unlisted stressed companies at a price below its fair market value might soon be exempt from the tax net, according to
Don’t undermine the IBC | Business Standard Editorials
Many lenders and several companies, which figure in the Reserve Bank of India’s (RBI) second list for the resolution of non-performing assets (NPAs) are reportedly
CRISIL SME Tracker: Time for MSMEs in the machine tools sector to rejig | Business Standard News
Micro, small and medium enterprises (MSMEs) in the machine tools industry need to enhance their production capabilities if they are to grab a higher market
Farm debt waivers not favoured by ex-RBI heads | Business Standard News–12.12.2017
At a discussion on policy, two former Reserve Bank of India (RBI) governors were critical of the farm debt waiver announcements by some state governments.
HC relief for companies on pre-GST credit | Business Standard News
The Delhi High Court has given relief to those asking for tax credits on pre-GST stocks lying for more than 12 months. Importers of fast-moving
FRDI bill: Your deposits are safe and banks cannot use them without your consent | analysis | Hindustan Times
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
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
