RBI Deputy Governor S S Mundra has asked banks to work towards account number portability as it will be a far-reaching step towards enhancing competition
8 cups of tea may boost your mental performance: Study – The Financial Express–01.08.2017
Good news caffeine lovers! A study has revealed that four cups of coffee or eight cups of tea, which is equivalent to 400mg of caffeine,
Why SBI stock rose more than 4 pct on savings rate cut – The Financial Express–01.08.2017
Shares of State Bank of India (SBI) rose 4.58 % on Monday closing the session at Rs 312.80 on the National Stock Exchange (NSE). The
India must guard against external financing vulnerability: IMF report – The Financial Express–01.08.2017
India needs to remain vigilant as greater reliance on debt financing and portfolio inflows could create significant external financing vulnerabilities, a recent IMF report has
Fiscal deficit at 81% of Budget Estimates in June quarter – The Financial Express–01.08.2017
Fiscal deficit in the first quarter of the current fiscal was Rs 4.42 lakh crore or 80.8 per cent of Budget Estimates for 2017-18, much
Are banks ready for Basel soup? Greatest challenge is to extend deadline of Basel III – The Financial Express–01.08.2017
Reserve Bank of India (RBI) on March 2014 extended the deadline for compliance of capital requirements under Basel III norms to March 2019. At that
The 8% growth mirage | Business Standard–01.08.2017
The vice-chairman of the NITI Aayog, Arvind Panagariya, said last week that India was on its way to 8 per cent growth and would likely
Deposit-heavy banks will gain most from SBI’s savings rate cut | Business Standard–01.08.2017
Over 80 per cent of savings accounts are estimated to have deposits of less than Rs 1 crore. Therefore, SBI is clearly headed for an
MPC’s dilemma: Inflation down but pulses could pose a problem | Business Standard–01.08.2017
Headline inflation dipped to 1.5 per cent in June, well below the lower end of the Reserve Bank of India (RBI)’s inflation target of 4
Growth in the time of a credit squeeze | Business Line–01.08.2017
GDP growth figures for the last few years have camouflaged a deceleration in credit growth that has affected all but the retail loans segment quite
SBI’s savings rate cut could nudge others also to trim rates | Business Line–01.08.2017
Weak core performance and sharp cuts in lending rates could see more banks cut savings rates to safeguard margins SBI, which has a savings deposit
Core sector growth dips to 0.4% in June | Business Line–01.08.2017
Slowest pace of growth since February; clamour for rate cut grows Ahead of the meeting of the Monetary Policy Committee on Tuesday, latest official data
Income tax return: What you should do if you get an income tax notice–Economic Times–31.07.2017
Filing income tax returns by due date is crucial, but equally important is to file these correctly. If you don’t do so, expect a notice
Retail sales: GST impact: Auto sales hit a speed breaker in July–Economic Times–31.07.2017
To India’s automakers, the single producer tax appears to have given mixed signals. Ahead of its introduction, the Goods and Services Tax (GST) had triggered
Bank of India: BoI has been aggressive in making provisions: Dinabandhu Mohapatra–Economic Times–31.07.2017
The new managing director of Bank of India¸ Dinabandhu Mohapatra , is confident it will not face Reserve Bank of India‘s (RBI) restrictions despite posting
Onion: Onion prices pick up after a slump–Economic Times–31.07.2017
Tomato prices, which have skyrocketed up to Rs 100/kg, are more likely to decline over the next fortnight as supplies from southern and other growing
These startups are demystifying blockchain–Economic Times–31.07.2017
In August 2016, together with friend Shinam Arora, Rohan set up Primechain Technologies with the objective of creating blockchain solutions. Blockchain, the technology behind bitcoins,
The GST story is one of initial success | Business Standard–31.07.2017
It is almost a month now that the goods and services tax (GST) regime has been operational. In terms of the constitutional amendment made last
Export norms changed further to clear procedural mess post-GST | Business Standard–31.07.2017
Exporters also wanted clarity on whether IGST on exports should be paid in FOB or cost and freight In a move to sort out the
RBI not the only central bank to get inflation forecast wrong: Rakesh Mohan | Business Standard–31.07.2017
The book says that though economic reforms were triggered by the twin balance of payments and fiscal crisis, those were largely homegrown and were the
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