Feb 24, 2021 04:56 PM IST
The private sector banks can be involved in "conduct of government-related banking transactions such as taxes and other revenue payment facilities", the Department of Financial Services (DFS) said.
- Feb 11, 2021 05:51 PM IST
Parekh's comments come at a time when there is a lot of uncertainty on the future of cryptocurrencies and Bitcoins in India.
- Jan 15, 2021 01:51 PM IST
The utmost important objective of the Union Budget would be to revive investments
- Nov 12, 2020 04:34 PM IST
As long as the market does not break the 12530 levels, we should stick to the strategy of buy on dips. Another round of buying in financial stocks is more likely in the near future, suggest experts.
- Aug 28, 2020 04:13 PM IST
An Act of God provision is essentially like a force majeure clause, for events such as floods, earthquakes, and other natural disasters that cannot be controlled or foreseen by humans. Generally, such a clause is invoked to wash off or limit liability.
- May 16, 2020 10:28 AM IST
Moneycontrol's Sakshi Batra breaks down the amendments in the Essential Commodities Act
- May 13, 2020 09:27 PM IST
From MSMEs to EPF to NBFCs, find out everything that Nirmala Sitharaman announced as booster measures in this 3-Point Analysis episode
- Mar 26, 2020 04:35 PM IST
Putting money into the hands of the people would have been simpler, quicker and more effective
- Mar 26, 2020 03:47 PM IST
A closer look at the details will reveal that the package is inadequate to address the larger impact of the COVID-19 fallout, especially with respect to industries.
- Mar 25, 2020 03:37 PM IST
The absence of an aid and stimulus package may hurt even more because of the lockdown that the government announced. A slowing economy will be paralysed in multiple ways
- Mar 24, 2020 04:40 PM IST
The call for a big stimulus package has become louder because many economists across international rating agencies have lowered their growth forecast for India,
- Feb 23, 2020 03:35 PM IST
Amid Coronavirus scare, several manufacturers expect 2020 to be a challenging year for the industry as they are going to airlift components such as controllers, compressors and other materials from China, Thailand, and Malaysia and the increased logistics cost would put pressure on input costs.
- Feb 16, 2020 03:36 AM IST
Rohit Azad, assistant professor at JNU, said due to this proposal, savings rate may fall but that is not a bad thing during slowdown.
- Feb 01, 2020 08:23 PM IST
Finance Minister Nirmala Sitharaman was candid in her Budget speech when she said this is a Budget reminiscent of the fundamentals of economic policy and fiscal planning, which if deployed prudently, will make the promise of a $5trillion+ economy a reality, sooner than later
- Feb 01, 2020 08:19 PM IST
Overall, the Budget is a continuing step in the government’s journey of conducive tax environment.
- Feb 01, 2020 07:42 PM IST
Direct tax revenue targets look a little optimistic and seem to have built in excessive buoyancy
- Feb 01, 2020 07:30 PM IST
While the fiscal stimulus towards the rural segment is noteworthy, the additional tax cuts and incentives for the corporate sector raise concerns about the government’s fiscal health
- Feb 01, 2020 07:27 PM IST
The government has focused on getting the economy back on track and improve the ease of doing business.
- Feb 01, 2020 07:08 PM IST
Budget announcements on climate change are nothing but a lip service and the proposed incremental measures fall short in their intent to transform India into a sustainable, low-carbon, high-growth economy is disappointing.
- Feb 01, 2020 06:32 PM IST
The government seems to have chosen to go for an incremental Budget as against the expectation of a Big Bang one
- Feb 01, 2020 05:28 PM IST
A lot depends on one-off revenues such as settling chronic tax disputes, LIC disinvestment and arrears of telcos
- Feb 01, 2020 05:25 PM IST
Hikes in customs duties and using non-tariff barriers indicate a desire to slow down imports and give more room to domestic industry to grow
- Feb 01, 2020 05:07 PM IST
In the entire 67-page budget speech, the word ‘slowdown’ doesn’t occur even once.
- Jan 28, 2020 10:43 AM IST
A boost in rural productivity could create a multiplier effect in consumption as rural growth has de-grown urban growth in the past fiscal.
- Jan 27, 2020 09:31 AM IST
We need a new vision for the economy, a new direction, like we had in the 1991 Union Budget