Oil prices on Thursday extended gains, pushed up by a weak dollar and by comments from Saudi Arabia that it would rather see an undersupplied
Gem of a scam: On PNB fraud – The Hindu–16.02.2018
A regulatory filing to the stock exchanges by Punjab National Bank has blown the lid off a ₹11,500-crore fraud. Perhaps the largest such scam in
PNB fraud case: System circumvented for 6 years–Deccan Chronicle–16.02.2018
The caution notice that Punjab National Bank chief has issued to other bank chiefs is self revelatory for not only does it provide details of
Is huge fraud at PNB really an aberration?–Deccan Chronicle–16.02.2018
The Reserve Bank, which does a regular inspection of banks in this country, could possibly examine the risk management lapses more closely. Banks grappling with
PNB fraud is a big headache for Allahabad Bank, Axis Bank, Union Bank, SBI–Business Today–16.02.2018
On Wednesday the country’s fourth largest bank lost nearly 10% of its market cap, around Rs 3,800 crore, following news of a 7-year-old, $1.77 billion
PNB fraud: Bengaluru trader says no action taken on Mehul Choksi after his 2016 complaint | IndiaToday–16.02.2018—–*****
A Bengaluru businessman who last year accused Gitanjali Gems MD Mehul Chowksi of perpetrating fraud involving the loss of thousands of crores of public money,
न बुजलेल्या फटी – अग्रलेख महाराष्ट्र टाइम्स–१६.०२.२०१८
पंजाब नॅशनल बँकेला त्याच्या काही अधिकाऱ्यांनी नीरव मोदीशी हातमिळवणी करून दिलेला हजारों कोटींचा झटका म्हणजे आपल्याकडे शहाणपण आले नसल्याचेच निदर्शक आहे. सार्वजनिक बँकांना पद्धतशीरपणे लुटण्याचा
Urjit Patel Comment On RBI and Union Budget 2018 | ‘महाग’ पावलांचे, जडभार परिणाम | Valentine Day 2018 : Loksatta
रिझव्र्ह बँकेने आपल्या सलग तिसऱ्या पतधोरण आढाव्यात ‘रेपो दर’ आहे त्या स्थितीत कायम ठेवण्याचा निर्णय घेतला. वस्तुत: हे अनपेक्षितही नव्हते. त्यापेक्षा प्राप्त परिस्थितीचे रिझव्र्ह बँकेकडून
Modicare: Will it work?
On February 1, about 41 minutes into his Budget 2018 speech, Union finance minister Arun Jaitley delivered the piece de resistance: “Madam speaker, my government
Benefits Of Strong Rupee-Minhaz Merchant – BW Businessworld
Over the past six months, the Indian rupee has appreciated by nearly seven per cent against the US dollar. According to conventional wisdom, exports should
Holding rates, RBI sends tough message
The Reserve Bank of India’s 6-member Monetary Policy Committee (MPC) acted on expected lines last week, but with a very hawkish tone, in maintaining status
IIP is up. Will more jobs follow?
The December figure for industrial production at 7.1 per cent, compared to November’s 8.8 per cent, signals the need to pay attention to job creation
Unsatisfactory jobs, under-employment big problem in India, says NITI Aayog VC Rajiv Kumar – The Financial Express
India faces the problem of under-employment and an unsatisfactory job scenario more than unemployment as the young generation has higher aspirations compared to what is
Fast-forwarding NPA recognition and resolution: In the long-run, RBI’s new rules are healthy – The Financial Express
RBI has decided to withdraw all current resolution schemes like CDR, S4A or SDR immediately and put them under the new framework. Given the speed
RBI cracks the whip: New NPA rules may mean short-term pain for banks | Business Standard Editorials
The Reserve Bank of India (RBI) has turned up the heat on banks and companies defaulting on loans by coming out with a leaner framework
Disinvestments, subdued oil prices: Favourable tailwinds for Arun Jaitley | Business Standard Column
Looking back at the five Budgets that Finance Minister Arun Jaitley has presented so far, it would be fair to conclude that disinvestment and oil
corporate tax: Only a handful of MSMEs may gain from 5% cut in corporate tax – Times of India
Highlights The corporate tax is levied on the revenue of a company after taking into deductions such as depreciation and other operational expenses. The income
MSP will help neither farmers, nor the agriculture sector – The Economic Times-Mr S A Aiyar-14.02.2018
Wrong-headed cost-plus approaches to farmer welfare will only serve to scare agricultural prowess away. The Budget guarantees a wide range of crops a profit of
This is what Modi govt needs to do to make National Health Protection Scheme a success – The Economic Times–14.02.2018
Throwing too much money too soon may run the risk of the National Rural Health Mission (NRHM)-like scams where the money did not reach the
GST Revenue: GST mop-up could top Rs 1 lakh crore a month post anti-evasion steps–Economic Times–14.02.2018
Officials said the revenue estimates for next fiscal are conservative and could go up depending on enforcement actions taken by the government. Revenues from the
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