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The public-sector insurers’ losses shrank to Rs 12,603 crore in FY18 from Rs 16,012 crore in FY17. India is looking to establish a single, mega

Large not the reform insurance needs

Large not the reform insurance needs The government reportedly proposes to merge all state sector general insurance companies into one large entity. Curtailing competition in

Keep it simple | Business Standard Editorials

Code on Wages Bill needs to be tweaked Business Standard Editorial Comment Last Updated at June 14, 2019 01:09 IST The National Democratic Alliance (NDA) government

GST–Tough tasks ahead | Business Standard Editorials

GST Council must focus on rationalising the tax system Business Standard Editorial Comment Last Updated at June 14, 2019 01:00 IST The Goods and Services Tax

India readies retaliatory duties on 29 US goods – The Hindu BusinessLine

Tariffs on apples, almonds, shrimps, chickpeas, boric acid and some other items imported from the US are set to go up as the government has

Flaws in Subramanian’s theory – The Hindu BusinessLine

He takes an oversimplified view of factors driving GDP growth Arvind Subramanian’s theory that India’s GDP has been overestimated (yes, out of innocent and non-political

Govt must provide capital to banks on upfront basis: United Bank CEO – The Hindu BusinessLine

Says the NBFC crisis may snowball into a ‘serious problem’ if not handled properly Banks have to be cautious while lending to non-banking financial companies

Manmohan Sigh: मनमोहन कभी रिटायर नही होते! – manmohan never retires! | Maharashtra Times

एखाद्या व्यक्तीच्या जीवनातील काही अपघात सार्वजनिक जीवनासाठी वरदान ठरत असतात, तसेच काहीसे डॉ. मनमोहन सिंग यांच्याबाबतीत घडले. विनम्र, ऋजू स्वभावाचे, सुसंस्कृत असलेले डॉ. सिंग यांचे

आभासी विकासाचे वास्तव? | लोकसत्ता

भारताच्या विकासाचा वेग मोजण्याची पद्धतच चुकली काय असा प्रश्न माजी अर्थसल्लागारांनी उपस्थित करणे गंभीर आहे.. ‘लोकशाहीचे प्रमुख वैशिष्टय़ म्हणजे जुन्याचा आढावा घेऊन नवीन काही तरी

RBI circular: FICCI for structural changes in RBI June 7 circular – The Economic Times

Federation of Indian Chambers of Commerce and Industry (FICCI) has suggested structural changes in revised stressed asset framework issued by the Reserve Bank of India on June

Let banks recover dues from personal assets of defaulters: Bank Unions request Finance Minister – The Economic Times

Fast-track courts shall have to be vested with more powers to recover bad loans and stringent laws should be enacted to ensure more recoveries, the

Debt default bogey forces SEBI to tighten screws on rating firms – The Hindu BusinessLine

Debt default bogey forces SEBI to tighten screws on rating firms PALAK SHAH Mumbai | Updated on June 13, 2019 Published on June 13, 2019 bl20_credit rating.jpg bl20_credit rating.jpg

Watching the watchmen – The Hindu BusinessLine

Stern action is warranted in cases where auditor negligence is proved The repercussion of the move by the Ministry of Corporate Affairs, seeking the barring

ICON Meeting on 13.06.19–Issues –Updated

Society Building and Individual Flats

For India Inc, 30-day grace after loan default comes as a major relief | Business Standard News

The Reserve Bank of India (RBI) has dropped the one-day default rule and given a 30-day breather to lenders for review of the borrower account.

View: India Inc needs a bailout – The Economic Times

But who would provide this kind of money to the buyout vehicle? Fiscal deficit worries rule out the government. Events and personages occur in history

Over Rs 2.05 lakh cr frauds in 11 years: ICICI Bank, SBI and HDFC among top victims – The Economic Times

Some of the foreign banks operating in India also reported fraud cases worth crores during the last 11 fiscal years. Of over 50,000 frauds that

GST Return: New GST return system for taxpayers: Here are all the details–Economic Times