• IPC 2017

Finance

By GovernanceToday
In Finance
Aug 20th, 2017
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Government of India and the Asian Development Bank (ADB) Sign USD 275 Million Loan for Upgrading Urban Services in 64 Small Towns in Madhya Pradesh The Asian Development Bank (ADB) and the Government of India signed a USD 275 million loan for improving urban services in 64 small towns in the State of Madhya Pradesh. The signatories to the loan agreement for the Madhya ...
By GovernanceToday
In Finance
Feb 15th, 2017
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213 Views
Union Law, Justice and IT Minister Ravi Shankar Prasad on Thursday said the government’s November 8 decision of demonetization had resulted in sharp decline in terror funding,  hawala trade, supari killings and human trafficking, particularly of young girls as sex slaves, mainly from Nepal and the North East. Indicating that the government would not hesitate to take st...
By GovernanceToday
In Finance
Oct 7th, 2016
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270 Views
In a unique collaboration between a stock exchange and a social media platform, the Bombay Stock Exchange has tied up with Twitter to provide live updates of S&P BSE Sensex levels, stock prices and opening and closing figures of Sensex companies to millions of investors. Both Twitter and BSE stated the partnership is a move towards democratising financial informati...
By Anand Mishra
In Finance
Oct 6th, 2016
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361 Views
The recent statements about improvement in bad loans’ situation in public sector banks need to be taken with a pinch of  salt                       Finance Minister Arun Jaitley in a meeting to review the performance of PSBs Even though Raghuram Rajan is much discussed as a leading banker and financial guru in popular media, as is his dogged commitment to curb inflatio...
By GovernanceToday
In Finance
Oct 6th, 2016
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211 Views
The Centre has formally notified the GST Council,which will decide on the tax rate, exempted goodsand the threshold under the new taxation regime. Thecouncil is chaired by Union Finance Minister and haveMinister in charge of Finance or Taxation or any otherMinister nominated by each State Government as itsmember. Also Minister of State in charge of Revenue orFinance at...
By GovernanceToday
In Finance
Sep 9th, 2016
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286 Views
The Reserve Bank of India has proposed working with the government to introduce interest-free banking to tackle financial exclusion for religious reasons, potentially opening Islamic finance to the largest Muslim minority population in the world. India’s central bank made the proposal in its annual report recently, as departing bank governor Raghuram Rajan hands over t...
By GovernanceToday
In Finance
Sep 9th, 2016
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248 Views
Looking to change the British-era legacy of presenting the Union Budget on the last day of February, the Union government may advance the date by a month. While a final decision is yet to be taken, according to reports, the government is considering completing the budget exercise before the end of the financial year on March 31 so that policy transmission is faster and...
By GovernanceToday
In Finance
Sep 9th, 2016
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244 Views
Seeking to prevent black money circulation in the economy following recommendations from the Supreme Court-appointed Special Investigation Team, the government is set to bar cash transactions over Rs 3 lakh. The government, however, is yet to decide on the SIT’s other suggestion to bar cash holdings over Rs 15 lakh due to opposition from trade and industry, as per repo...
By GovernanceToday
In Finance
Jul 8th, 2016
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316 Views
Public sector banks have sought protection from unnecessary oversight from agencies such as the Central Bureau of Investigation and the Central Vigilance Commission on decisions related to loans that are taken collectively. According to reports, the issue has been flagged to the Bank Board Bureau (BBB) headed by former Comptroller and Auditor General Vinod Rai and also...
By Ramesh Raja
In Finance
Oct 12th, 2015
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409 Views
Unlock the Power of Your Credit Score, a book co-authored by seasoned retail bankers – Arun Ramamurthy, Gaurav Wadhwani and Aman Kapoor to simplify the various facets of Credit and Cibil Scores to help laymen was released by Sriram Kalyanaraman, managing director and CEO at National Housing Bank in a stimulating event held at Oxford Bookstore in New Delhi. The launch w...