Homepage

The ‘bad bank’ is going to accelerate the resolution of stressed assets in the banking system in the country, but in doing so it will need significant capital infusion in the state-run banks to...
Feb 27, 2017
10
0
HSBC said that is was being probed by tax and law enforcement agencies around the world, including India and several other countries, for alleged tax evasion, money laundering and unlawful cross-...
Feb 27, 2017
75
0
India is well placed when it comes to demographic advantage in the world. The youth of the country can utilize this opportunity that comes only in a millennium, for their growth.    Addressing...
Feb 27, 2017
42
0
WHAT IS EXCITING me the most these days, you ask? Well, we are almost in a renaissance phase in business. The new kinds of business models and value propositions which are showing up are quite...
Feb 24, 2017
179
0
Following the collapse of the US-led Trans Pacific Partnership (TPP), India is likely to oppose the stringent IPR framework to be supported by some members at the next negotiating round of the...
Feb 24, 2017
94
0
For any technology to travel the distance from hype to reality, its early adopters play an instrumental role. When it comes to blockchain – it is a technology that everyone has been talking about....
Feb 24, 2017
137
0
November 8, 2016 has become a marker in India’s attempts to eradicate black money when Prime Minister Narendra Modi made the announce­ment to demonetise `500 and `1,000 notes as a part of legal...
Feb 24, 2017
98
0
India will be the fastest growing economy among G-20 countries with growth put at 7.1 per cent down from a previous expectation of 7.5 per for the year 2017, according to a rating agency.   ...
Feb 24, 2017
53
0
So far only 14 banks are ready to get linked with Aadhaar Pay that enables payment to an Aadhaar number linked to a bank account. Almost all the large banks such as the SBI, HDFC Bank or PNB are...
Feb 24, 2017
126
0
In order to have a smooth flow of services between countries, India has submitted its formal proposal for an agreement on trade facilitation in services at the World Trade Organisation (WTO...
Feb 24, 2017
39
0
The World Bank Group considers “leasing” as a key financing tool for small and medium enterprises (SMEs). This is the reason why it wants policymakers in India to take measures to drive its growth in...
Feb 23, 2017
67
0
Demonetisation will impact India’s growth which is projected to slow to 6.6 per cent in 2016-17 fiscal, according to a report by the International Monetary Fund (IMF).    The growth will slow...
Feb 23, 2017
133
0
Government's premier think-tank, Niti Aayog, is mulling over ranking states on the basis of how efficiently they consume energy. The first such ranking would be called the State Energy Efficiency...
Feb 23, 2017
110
0
As the idea of establishing a state-owned asset reconstruction company (ARC) or bad bank to handle mounting non-performing assets (NPAs) starts gaining traction, chief economic adviser (CEA) Arvind...
Feb 23, 2017
55
0
A government initiative launched in December 2016 to popularise digital transactions has rewarded around 10 lakh customers with more than Rs 153.5 crore for embracing digital payments.    The...
Feb 23, 2017
86
0
Making a complete volte-face, economic affairs secretary Shaktikanta Das tweeted on Wednesday that the government has no plans to re-introduce the Rs 1,000 note. The focus is on ramping up the...
Feb 22, 2017
110
0
Why choose between the cloud’s scalability or on-premise control? Your IT infrastructure can have a hybrid of both with HPE’s Flexible Capacity.
Feb 22, 2017
49
0
Corporate bond issuance is likely to grow by 22 per cent in the financial year 2017-18, with gross issuance rising to Rs 8.5 trillion, according to domestic rating agency ICRA.   Due to finer...
Feb 22, 2017
77
0
Here is some good news for Indian students willing to pursue education in the UK! The British high commissioner to India Dominic Asquith said on Tuesday that there would be no cap on visas for Indian...
Feb 22, 2017
53
0
Indigenous digital payments app Bharat Interface for Money (BHIM) has recorded 17 million downloads till date, Niti Aayog CEO Amitabh Kant said.   The app was launched on December 30, 2016 by...
Feb 22, 2017
104
0
The Central Board of Direct Taxes (CBDT) is no mood to exempt bank accounts found involved in money laundering or shelling company operations from probe under ‘Operation Clean Money’ despite having...
Feb 22, 2017
57
0
The European Union (EU) wants India to consider extending the Bilateral Investment Treaties (BITs), which it has with the member countries, beyond March 31. In the wake of the pacts expiring soon,...
Feb 21, 2017
78
0
New India Assurance CMD G Srinivasan has called for the reduction in regulatory regime in the insurance sector to promote its reach to  the poor.    While addressing Fourth Insurers’ Conclave...
Feb 21, 2017
69
0
Goods and Services Tax (GST) is an indirect tax reform and perhaps the most important economic reform item on the Narendra Modi government’s list. It aims to do away with tax barriers between...
Feb 21, 2017
129
0
The deputy governor of Reserve Bank of India, R Gandhi, has opposed the idea to free payment service providers from licencing as they deal with money. There must be fixed criteria for them to...
Feb 21, 2017
85
0
Soon, it will be possible to make payments only on the basis of your 12-digit Aadhaar number. Once Aadhaar becomes your single-point payment address, it will enable you to send and receive money even...
Feb 21, 2017
42
0
As the more efficient and agile players in the financial technology (fintech) arena disrupt every facet of once known as the most traditional business model – the financial services industry,...
Feb 21, 2017
68
0
The ouster of Cyrus Mistry as Chairman of Tata Sons is a quintessential case of management and board conflict over strategies and leadership styles and opens several old debates. The panellists...
Feb 21, 2017
99
0
The Income Tax (IT) department is likely to launch the second phase of bank accounts scrutiny the next month to investigate about unaccounted money making its way into banks but may ignore...
Feb 21, 2017
89
0
In this video, the panellists carry forward the discussion from where they left in part 1.
Feb 21, 2017
59
0
Jewellery will be now be treated on par with general goods which attract 1 per cent TCS (tax collected at source) on cash purchase of more than Rs 2 lakh. That means buyers will have to pay more...
Feb 21, 2017
101
0
The Central government is likely to make a formal announcement on the revised structure for allowances under the Seventh Pay Commission by March after the state assembly elections get over.   ...
Feb 21, 2017
167
0
India’s largest software services firm Tata Consultancy Services (TCS) has approved a share buyback plan of up to Rs 16,000 crore, a move that is likely to put pressure on its peers Infosys and...
Feb 21, 2017
116
0
MasterCard and Visa have teamed up with National Payments Corporation of India (NPCI) to launch BharatQR. Billed as the next big digital payment solution after BHIM, BharatQR is a common Quick...
Feb 21, 2017
110
0
The capital market regulator, Sebi, has allowed IRB InvIT Fund to raise Rs 4,300 crore through initial public offering (IPO).    IRB InvIT is an investment trust sponsored by IRB Infrastructure...
Feb 20, 2017
84
0
In order to attract investment in retail as well as give a big boost to the Make in India programme, the government is considering a proposal to free up foreign direct investment (FDI) policy on...
Feb 20, 2017
102
0
India has now become the 12th largest holder of US government securities at the end of 2016, with exposure worth $118.2 billion, according to data released by the US Treasury Department.    ...
Feb 20, 2017
87
0
You may soon bid adieu to tedious paperwork needed for EPF withdrawal and pension fixation. If all goes as planned, retirement fund body EPFO will come up with an online facility for settlement of...
Feb 20, 2017
71
0
The latest government figures reveal that savings due to Direct Benefit Transfer (DBT) over the last three years amounted to Rs 50,000 crore as on 31 December 2016. This implies savings of almost a...
Feb 20, 2017
41
0
As regulatory and enforcement agencies have has stepped up their scrutiny of foreign investors issuing Participatory Notes (P-Notes), investors including HSBC and UBS have stopped issuing P-Notes...
Feb 20, 2017
142
0
Savings in real estate and gold will soon become a thing of the past. Taking cue from the rest of the world, Indian households have finally started salting away their hard earned money in the buckets...
Feb 20, 2017
76
0
Finance Minister Arun Jaitley said that normalcy has been restored in a short period in the country post demonetisation announced in November last year.   Attending the Foundation Day ceremony...
Feb 20, 2017
91
0
The GST Council has approved the legally vetted draft of Compensation Law, to reimburse revenue loss to states, which paved the way for the implementation of the Goods and Services Tax (GST) from...
Feb 20, 2017
98
0
In a surprise announcement, Prime Minister Narendra Modi on November 8 delegalised the old Rs 500 and 1,000 notes. The move made a dent in immediate consumption of high-end goods but it also paved...
Feb 20, 2017
108
0
Regional Rural Banks (RRBs) would now be able to give more loan against security of gold or precious ornaments as the Reserve Bank of India (RBI) has doubled the amount of loan to Rs 2 lakh with...
Feb 17, 2017
94
0
The performance of Indian companies may not to improve considerably in FY18 and pick-up in capital expenditure is at least another two fiscal years away, according to a rating agency.    Demand...
Feb 17, 2017
81
0
The Indian telecom industry has suffered losses as a result of the disruptive free services offered by Mukesh Ambani-led Reliance Jio Infocomm. The industry lost an estimated fifth of its revenue...
Feb 17, 2017
141
0
The Centre and states would discuss the issue of tax rate on gold, one of the key pending issues, when the Goods and Services Tax (GST) Council meets on February 18 in Udaipur.   According to a...
Feb 17, 2017
135
0
The banking system in India will need Rs 910 billion ($13.6 billion) in Tier-1 capital in the next two years to grow at the rare of at least 8 to 10 per cent on average, India Ratings and Research...
Feb 17, 2017
113
0
Nasscom has postponed the release of a growth projection for 2017-18. The decision of not to release has come in the wake of uncertainty due to regulatory changes in the US and the macroeconomic...
Feb 17, 2017
48
0