The asset quality of banks showed improvement with gross non performing assets‘ (GNPAs) ratio declining to 10.8 per cent in September 2018 from 11.5 per cent in March
Why is the Fed still raising interest rates? | Business Standard Column
Earlier this month, the US Federal Reserve’s policy-setting Federal Open Market Committee (FOMC) voted unanimously to increase the short-term interest rate by a quarter of a percentage point, taking
Entrepreneurship or salaried employment? | Business Standard Column
In “A Bitter-sweet Success”, Business Standard, December 25, 2018, we noted an increase in self-employed entrepreneurs over the past two-and-half years. This growth of self-employed
Some year-end cheer from GST Council | Business Standard Column
A Christmas gift from the Goods and Services Tax (GST) Council was a reduction in the rates on a number of items and simplifying of
A look at how vacancies in judiciary hamper ease of doing business | Business Standard Column
The judicial pyramid has about a hundred courts and tribunals below the Supreme Court where economic and financial issues are adjudicated. In view of increased business, commercial courts have
Fixing input tax credit: Get ready for new GST return filing system in 2019 | Business Standard Column
One of the fundamental principles of goods and services tax (GST) was the concept of ‘self-policing’, wherein the matching concept for claiming input tax credit was introduced. The matching
No plan to repeal The Chartered Accountants Act, say officials | Business Standard News
The central government has no plan to repeal The Chartered Accountants Act, said senior officials at the ministry of corporate affairs. This comes against the backdrop of
₹75-lakh threshold could help over 60 lakh MSMEs escape GST net – The Hindu BusinessLine
May cost exchequer 5,500 cr, but will boost small units by cutting compliance cost Over 60 lakh assessees may come out from the Goods and
Are global oil prices the culprit for burgeoning trade deficit? – The Hindu BusinessLine
The oil import bill is just one of the factors responsible for the rising trade deficit. Non-oil imports cannot be overlooked India’s external account has
Insolvency and Bankruptcy Code has a long way to go – The Hindu BusinessLine
Despite several flaws in the three-year-old bankruptcy code, the Government remains unperturbed It has been an eventful year for the ever-evolving Insolvency and Bankruptcy Code,
What will drive the rupee in 2019? – The Hindu BusinessLine
General elections, oil price, Brexit, and US Fed rate hikes may weigh on the currency The year 2018 was extremely volatile for the Indian rupee
India Can Now Hope To Be In Top 50 Jaitley On Ease Of Doing Biz Ranking – BW Businessworld
Enthused by 23 notches jump in the World Bank Ease of Doing Business, Finance Minister Arun Jaitley exuded confidence that India can now hope to achieve the
Jet Airways in talks with SBI for Rs 1,500 crore loan – The Economic Times
Loss-making carrier Jet AirwaysNSE 2.24 % is in discussions with the State Bank of IndiaNSE 0.91 % for raising Rs 1,500 crore short-term loan to meet its working capital
US shutdown: Prolonged US shutdown threatens to unsettle economy – The Economic Times
The paralysis triggered by the US government shutdown could have unexpected consequences, such as muddying economic statistics just as the markets are extremely reactive to any whiff
Clash of the titans: The battle for India’s giant retail market – The Economic Times
by Haresh Chawla Immovable objects. Unstoppable forces. That’s the metaphor that comes to mind when one thinks of the next phase of India’s ecommerce market.
No blanket powers to 10 agencies to intercept; every action requires prior approval: MHA – The Economic Times
The central government has not given “blanket power” to any agency to intercept information from any computer and they have to strictly adhere to the
Provision coverage ratio of PSU banks on the rise, crosses 66% – The Economic Times
Various initiatives taken by the government have yielded results, with the bad loans of public sector banks (PSBs) declining by over Rs 23,000 crore from
United Insurance in financial strain, situation is precarious: Chairman | Business Standard News
In the past few years, the profits and losses of India’s second-largest general insurance company, United India Insurance (UII), are undergoing a massive swing without any striking
Waiver politics | Business Standard Editorials
Pressure is growing on state governments to step up and waive agricultural loans ahead of the Lok Sabha elections, scheduled for early 2019. Congress President Rahul Gandhi’s
The curious case of the company that handles ‘Get PSB loans in 59 mins’ | Business Standard News
The nameplate at the entrance of Optionz, a commercial building in the heart of Ahmedabad, has changed from CapitaWorld Platform Pvt Ltd to PSB Online Loans Ltd just last