Economy 18 Nov 2017 by Tojo Jose

Rating game: Moody’s upgrade India’s rating after 14 years

Rating game: Moody’s upgrade India’s rating after 14 years

In a major reversal of its rating, international rating agency – Moody’s Investors Services has upgraded India’s sovereign rating for the first time in 14 years. The agency has upgraded the country from ‘Baa3 to Baa2 and tagged ‘positive’. Moody's upgrade will ..

Markets 16 Nov 2017 by Tojo Jose

Banks to sign MoUs with government for recapitalisation

The Finance Ministry is firm on banks signing MoUs involving the government, banks management and employee unions for the ailing banks to avail the recapitalisation prog

Read More »
External Sector 15 Nov 2017 by Tojo Jose

India records highest trade deficit in 35 months

Multiple adverse factors rooted on GST launch has caused the country’s trade situation to worsen as the October 2017 data shows export decline of 1.1%.  Accord

Read More »
Goverment & RBI 13 Nov 2017 by Tojo Jose

Jaitley acknowledges scope for GST rate rationalization

Just two days after modifying the GST rates of nearly 200 items, Finance Minister Arun Jaitley acknowledged that there is scope for more fine-tuning of the new taxes&rsq

Read More »
Goverment & RBI 11 Nov 2017 by Tojo Jose

GST Council go for major realignment: makes rate reduction on popular items

Nearly four months after the launch, the GST Council has slashed rates for more than 200 items including goods and services. Rates of all several popular items like wire,

Read More »
Goverment & RBI 08 Nov 2017 by Tojo Jose

Multi-agency group to study Paradise Papers revelations

The Central Board of Direct Taxes has formed a multiagency group to look into the Paradise Papers revelations related to Indian residents. The group will be headed by th

Read More »
Markets 30 Oct 2017 by Tojo Jose

Finance Minister to lead the Ministerial Panel on PSB merger

In the background of the Rs 2.11 trillion recapitalisation and the merger of state banks under the SBI, the government is proceeding with the next policy step on PSBs &nd

Read More »