Regulation

RBI rejects Modi govt's demand for further easing of banking norms

The central bank's report says defaults rates are high and provisions inadequate to cover losses from bad loans.

Dec 29, 2018

New guidelines for online food biz to impact BigBasket, Swiggy and Zomato

For better recognition of food by the customers, the companies will have to provide an indicative image of the food on their platform.

Dec 29, 2018

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Centre's e-commerce policy tweak an election year tactic to please core constituency?

Narendra Modi government may have bowed to pressure from BJP's core constituency of offline small traders and businessmen battling online platforms

Dec 27, 2018

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GST rate cut: Anti-profiteering watchdog fines HUL Rs 383 crore

NAA took note of consumer goods giant's failure to pass on to consumers benefit of GST reduction from 28% to 18% on some items last year

Dec 26, 2018

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Cars to become dearer as manufacturers introduce BS VI-compliant engines

On a base price of around Rs 6 lakh, the smaller diesel car could witness an increase in prices as high as Rs 50,000-1,50,000 which could eventually hamper sales.

Dec 25, 2018

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Start-ups get respite but worries persist about 'angel' tax confusion

Entrepreneurs hope CBDT will clarify the situation in a circular and bring some finality to the issue.

Dec 21, 2018

Modi govt mulls extra cess on petrol and diesel vehicles in a green push

Authorities plan to tweak promotion scheme for electric and hybrid vehicles without increasing subsidy burden

Dec 14, 2018

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RBI chief's meeting with public sector banks: Liquidity of economy to dominate discussions

Shaktikanta Das' remarks on the first day in office make clear the central bank's future direction in addressing government concerns.

Dec 13, 2018

Urjit Patel's tenure was haunted by Raghuram Rajan's record on institutional integrity

Chosen for his views against some of his predecessor's choices, the 24th RBI governor had weathered the shock of demonetisation.

Dec 11, 2018

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Kotak Mahindra Bank takes RBI to court over promoter holding norm; shares tank

As per the central bank requirements, promoter Uday Kotak must reduce holding in the bank to 20 percent by the end of December from 29.73 percent currently.

Dec 10, 2018

Sebi pushes reforms for unicorns' direct listing in overseas markets

Panel report seeking stakeholder feedback wants to allow direct listing of foreign start-ups in the country's stock markets

Dec 5, 2018

McDonalds to drop antibiotics in chicken supply

Poultry exports from India to get a boost with ban on growth drugs

Government plans to ban use of weight gain antibiotics in chicken in line with international practices

Dec 4, 2018

Cargo containers are seen stacked outside the container terminal of Jawaharlal Nehru Port Trust

Modi govt plans rationalisation of customs duty structure

Regulations will mirror GST and reduce interaction between traders and officers with online clearance facility

Dec 3, 2018

Chief Economic Adviser Arvind Subramanian

Demonetisation was a draconian, monetary shock, says PM Modi's former economic advisor

Breaking his silence over Modi's controversial decision, Subramanian suggests that even post-demonetisation economic growth estimates of the government could be flawed.

Nov 29, 2018

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Urjit Patel's stand on RBI reserves may cause more friction with Modi govt

RBI thinks entire current reserves are necessary to help nation weather global uncertainties while FinMin wants part of the funds released to ease liquidity

Nov 28, 2018

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