Policy

The RBI has refused to buckle under pressure from bankers and bureaucrats who are demanding dilution of the new debt resolution norms. RBI Deputy Governor N S Vishwanathan tore to shreds the issues...
Apr 19, 2018
84
0
A BofA Merrill Lynch Global Research report says that the Reserve Bank may recoup forex reserves despite India being put on currency manipulator watch list by the US. According to the report, RBI...
Apr 19, 2018
116
0
Now, taxpayers will need to file only one GST return per month.   The Group of Ministers (GoM) headed by Bihar Deputy Chief Minister Sushil Modi on Tuesday worked out a new ‘fusion’ model for...
Apr 18, 2018
166
0
Now field officers will have to abide by standard procedure for interception of goods movement, and also their confiscation.   The directions were issued on Friday, 13 days post the e-way...
Apr 16, 2018
141
0
In order to bring greater transparency in cross national transactions, the Central Board of Direct Taxes (CBDT) plans to formualate tax rulings that secure information about immediate parent or...
Apr 16, 2018
137
0
RBI governor Urjit Patel has ruled out any relaxation in bad loans norms. According to media reports, he conveyed to parliamentarians in a closed-door meeting held in New Delhi on Tuesday, that the...
Apr 12, 2018
191
0
The Indian economy is set to record 7.3 per cent growth rate in 2018-19 and 7.6 per cent in the next fiscal, says a new report by Asian Development Bank (ADB).   These growth rates are backed...
Apr 12, 2018
136
0
The e-way Bill system for intra-state movement of goods will be implemented from April 15 in five states - Andhra Pradesh, Gujarat, Kerala, Telengana and Uttar Pradesh.   "With the roll-out of...
Apr 11, 2018
92
0
The finance ministry is deliberating writing to Securities and Exchange Board of India (Sebi) to seek relaxation for certain state-owned firms from the criteria under which they must meet the...
Apr 10, 2018
160
0
The Monetary Policy Committee (MPC) of Reserve Bank of India (RBI), in its first bi-monthly policy statement last week, decided to keep rates unchanged.    However, the neutral stand of the...
Apr 09, 2018
137
0
The Reserve Bank of India has decided to switch back to Gross Domestic Product (GDP)-based model from Gross Value Added (GVA) measure to provide its estimate of economic activity in the country...
Apr 06, 2018
240
0
The Reserve Bank of India (RBI), in its first bi-monthly monetary policy statement on Thursday, kept the policy repo rate unchanged at 6.0 per cent.    "Consequently, the reverse repo rate...
Apr 06, 2018
162
0
The recommendations of the 14-member law committee set up to review the Insolvency and Bankruptcy Code has been put out in public domain on the website of Ministry of Corporate Affairs.    The...
Apr 04, 2018
197
0
The Government of India has imposed 10 per cent duty on imports of populated printed circuit boards (PCBs), camera modules and connectors.   The move is aimed at providing stimulus to local...
Apr 03, 2018
168
0
While Reserve Bank of India (RBI) is all set to announce its first bi-monthly monetary policy review of 2018-19 on April 5, it is widely believed that the country's central bank will again maintain...
Apr 02, 2018
169
0
Corporate governance got a boost in India with the Securities and Exchange Board of India (Sebi) accepting some of the most important recommendations that had been proposed by the Kotak Committee...
Mar 30, 2018
284
0
All public sector banks (PSBs) have been directed to obtain a certified copy of the passport of the promoters or directors and other authorised signatories of companies seeking loans of Rs 500...
Mar 29, 2018
180
0
The government and the Reserve Bank of India (RBI) might increase the foreign portfolio investment (FPI) limit in long-term government securities (G-secs), said a Business Standard report.   ...
Mar 28, 2018
200
0
Indian companies fear tax officials may dispute input tax credit claimed for GST paid on raw materials.    The firms said they are mulling keeping a certain amount of fund aside to meet risks...
Mar 26, 2018
202
0
The prospective buyers of bankrupt companies have raised questions over clauses in the Insolvency and Bankruptcy Code (IBC) in four key areas.   Experts say the resolution of many of these...
Mar 23, 2018
183
0
The government has said that the new telecom policy will be introduced in the next session of Parliament after a Cabinet nod.   “The new telecom policy is almost ready, and, this month, we will...
Mar 21, 2018
196
0
The lenders funding bankrupt companies that are under the administration of resolution professional should be paid interest for at least one year from the date of beginning of liquidation process,...
Mar 20, 2018
194
0
With inflation likely to notch higher to 4.5 per cent in the next fiscal, the Reserve Bank of India (RBI) is expected to remain on an “extended pause”, says a report by Kotak Economic Research...
Mar 19, 2018
193
0
Delegates for 50 nations will hold discussions on global trade and vie to find the way out to resolve various issues at the WTO ministerial meet, to be held on March 19-20 in New Delhi.   "The...
Mar 19, 2018
162
0
NITI Aayog has launched the Women Entrepreneurship Platform (WEP), which aims to build an ecosystem for women across India to realise their entrepreneurial aspirations, scale-up innovative...
Mar 09, 2018
251
0
Bharti Airtel Chairman Sunil Mittal has said that the company will legally challenge the Telecom Regulatory Authority of India’s (Trai) latest regulation on predatory pricing.    Speaking on...
Mar 01, 2018
400
0
With an aim to attract more foreign investment, the government mulls easing rules for foreign portfolio investors (FPIs), a LiveMint report quoted three officials as saying.   The government...
Feb 27, 2018
220
0
The Rs 11,400 crore fraud at Punjab National Bank (PNB) has made the government to revisit its plans of a bank-holding company.   Banks Board Bureau (BBB) was set up in February 2016 on the...
Feb 26, 2018
214
0
The next move of the Monetary Policy Committee will be a rate hike, however, it is unlikely to opt for a rate hike in a jiffy, says a Morgan Stanley report.    It says that the decision to...
Feb 26, 2018
293
0
The 26th GST Council meeting, to be held on March 10 via video conference, will take final decision on simplifying the return process.   In its previous Council meeting on January 18, its...
Feb 23, 2018
185
0
Now, filing of returns would be easy and simple. The Goods and Services Tax Network (GSTN) has simplified the return invoice that businesses and traders file on monthly basis.   The move is...
Feb 22, 2018
175
0
In a major policy initiative to protect the savings of the investors, the Union Cabinet chaired by the Prime Minister Narendra Modi, on Tuesday, gave its approval to introduce the Banning of...
Feb 21, 2018
242
0
India will see a huge jump in the use of electric vehicles in the years to come, Minister for Road Transport Nitin Gadkari has said.   He hailed the 'historic and revolutionary' steps taken by...
Feb 16, 2018
266
0
The government has taken several measures to bring financial inclusion, though a lot more needs to be done to achieve this goal, the government's Chief Economic Advisor Arvind Subramanian has said...
Feb 15, 2018
236
0
The banks might hike interest rates, given the risks such as surging bond yields and more provisioning requirements depleting profit margin.   The move will be against Reserve Bank of India's...
Feb 09, 2018
346
0
The Reserve Bank of India has announced measures to bring relief to micro, small and medium enterprises (MSMEs), which are impacted by GST rollout and the note ban.    The central bank gave...
Feb 08, 2018
290
0
With an aim to bring more transparency in the resolution process, the government has made fair valuation mandatory for bankrupt companies mandatory.   Under the amendments introduced in the...
Feb 08, 2018
272
0
Reserve Bank of India, in its sixth bi-monthly Monetary Policy Statement of 2017-18, has kept the policy repo rate unchanged at 6.0 per cent.   "On the basis of an assessment of the current and...
Feb 07, 2018
270
0
The Securities and Exchange Board of India (Sebi) has abolished the extra commission for distributors in more than 15 cities and towns.   Starting next fiscal, these mutual fund distributors (...
Feb 06, 2018
260
0
The US Federal Reserve should continue to raise interest rates, with the country witnessing solid economic growth, faster wage increases and a tightening labour market, outgoing Chair Janet Yellen...
Feb 05, 2018
184
0
The Government of India is working on a strategy document to enhance India's share of exports to 20 per cent of the GDP, said Commerce Minister Suresh Prabhu.   The minister was interacting...
Feb 05, 2018
274
0
Chief Economic Advisor Arvind Subramanian has said that India could once again be the fastest-growing major economy in the world, and that higher borrowing by the Centre and states did not...
Jan 30, 2018
280
0
The government will likely allocate more funds in the Budget for infrastructure and rural development and offer sops for politically important constituencies such as the middle class, farmers and...
Jan 29, 2018
335
0
The government may tweak income tax slabs and rates in the upcoming Budget 2018, though it will not make any changes in the current taxation of dividends, a survey by EY has revealed.   The tax...
Jan 22, 2018
275
0
The government will most likely announce incentives to provide stimulus to job creation.   The issue of job creation is one of the focus areas of the government.   The government has been...
Jan 19, 2018
271
0