September 01, 2017 02:27 IST
After 99% of banned cash comes back, a fact check on government’s stated objectives of demonetisation
Fri, Sep 01, 2017August 21, 2017 01:22 IST
Narayana Murthy’s constant battle for ‘democratisation of wealth’ reached a flashpoint last week. The debate on corporate salaries, which has raged for long in both India and the West, is complex.
Mon, Aug 21, 2017August 18, 2017 00:25 IST
The new insolvency law that came into effect this year has seen a dozen-odd corporates being referred to the National Company Law Tribunal (NCLT) which will ensure either a quick turnaround, or closure.
Fri, Aug 18, 2017August 14, 2017 00:14 IST
The RBI was taking a hit on account of having provided foreign exchange guarantees for bank deposits from overseas Indians under the Foreign Currency Non-Resident Accounts or FCNR(A) scheme — which had been designed in the 70s to boost India’s balance of payments situation.
Mon, Aug 14, 2017August 14, 2017 00:06 IST
The central bank has said it will transfer Rs 30,659 crore to the govt in 2016-17, half of the Rs 65,876 crore it gave in 2015-16. Who decides the amount? How is it important? The Indian Express explains.
Mon, Aug 14, 2017August 04, 2017 01:20 IST
Former RBI Deputy Governor talks to Indian Express, says we have "failed to adopt a strategic policy stance for enhancing and sustaining growth, ever since the success of the green revolution."
Fri, Aug 04, 2017July 17, 2017 03:35 IST
Shroff, who represents lenders in the litigation, said buyers for the assets are waiting in the wings and banks will get to know the realisation — of course with haircuts and after long-drawn proceedings.
Mon, Jul 17, 2017July 07, 2017 00:38 IST
65 years ago, Nehru’s government nationalised JRD Tata’s airline, rejecting his plea for a ‘strong, efficient Indian air transport system’ and ‘justice for investors and staff’. The government has now conceded it can no longer carry the burden of Air India and its accumulated losses of Rs 50,000 crore, and wants to divest
Fri, Jul 07, 2017July 01, 2017 02:10 IST
Yashwant Sinha on the differences between the RBI and the finance ministry, demonetisation and the lack of consensus for reforms in India
Sat, Jul 01, 2017June 30, 2017 02:05 IST
GST rollout: Launch of VAT was announced with effect from April 1, 2002, but the date was pushed back to April 1, 2003 in the face of severe resistance from traders, especially in BJP-ruled Delhi and a few other states.
Sat, Jul 01, 2017June 30, 2017 01:25 IST
In March 2011, Finance Minister Pranab Mukherjee introduced the Constitution (115th Amendment) Bill to pave the way for the introduction of GST. The Bill was referred to the Standing Committee on Finance, then steered by Yashwant Sinha.
Fri, Jun 30, 2017June 27, 2017 02:24 IST
Former RBI Governor YV Reddy: Any government is well advised to take the technical advise of the RBI more seriously.
Tue, Jun 27, 2017June 27, 2017 01:17 IST
Product development in the Indian debt markets has been more of a challenge for policy makers. It is not just inflation bonds but retailing of sovereign bonds or treasury bills which the government and the central bank has found it to be a huge challenge.
Tue, Jun 27, 2017June 19, 2017 17:16 IST
The real problem with India’s longest running trial on the 1993 Mumbai serial blasts is that closure is still a very far cry
Mon, Jun 19, 2017June 16, 2017 01:58 IST
The government will first form a Resolution Corporation, which is expected to cover all firms regulated by the RBI, Sebi, IRDA and PFRDA.
Fri, Jun 16, 2017June 14, 2017 01:38 IST
The Indian Express explains how RBI defines farm credit, how it’s disbursed and the dangers of writing off loans.
Wed, Jun 14, 2017June 12, 2017 00:32 IST
First adjudication this month, idea is to ensure quicker resolution of debt pile-ups, free up locked capital for fresh lending.
Mon, Jun 12, 2017June 09, 2017 16:06 IST
The Rs 30,000 crore loan waiver announced by Devendra Fadnavis will only add to the state’s indebtedness and add to the chief minister’s worry lines
Fri, Jun 09, 2017June 09, 2017 02:00 IST
RBI Monetary Policy Review: Request for meeting came in ‘silence’ period, bank wanted to retrieve ground lost after noteban
Fri, Jun 09, 2017June 06, 2017 01:32 IST
No state has the resources to do a one-shot write-off by paying cash to lenders, and a deferred redemption of outstanding loans over a period of 3 to 5 years actually ends up hurting the farmers.
Tue, Jun 06, 2017May 04, 2017 00:13 IST
Unlike the move to withdraw high-value currency notes announced on November 8 last year, the government has given adequate notice of its intent on this issue
Thu, May 04, 2017April 13, 2017 00:25 IST
Urjit Patel has voiced concern publicly over the latest loan waiver — saying it engendered a moral hazard and undermined the honest credit culture.
Thu, Apr 13, 2017April 06, 2017 05:32 IST
A majority of banks have questioned the cost incurred by the firms between November 10 and December 30, 2016, said three persons familiar with the development.
Thu, Apr 06, 2017March 31, 2017 00:53 IST
GST: The scheme was to be implemented in stages, and its rollout on March 1, 1986, marked the first crack at reforming the country’s indirect tax structure.
Fri, Mar 31, 2017February 08, 2017 00:05 IST
An interesting finding was that one of the major causes of the failure of mergers was the handling of people working in many of these firms.
Wed, Feb 08, 2017