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Sunday, December 30, 2018

Govt proposes to invest Rs 1,227 cr through EDF to push IPR in electronics

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Electronics Development Fund (EDF) is set up as a "Fund of Funds" to participate in professionally managed "daughter funds...

Banks recover Rs 40,400 crore from defaulters: RBI report

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The channels through which lenders recovered bad loans include IBC, SARFAESI Act, debt recovery tribunals and Lok Adalats. from Banking/Fi...

India's robust economic growth to continue in 2019: CII

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The positive outlook is buttressed by strong drivers emanating from services sector and better demand conditions arising out of poll spend, ...

New NHAI norms may slow down project awards: Report

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The target for FY19 is to award 20,000 km projects with majority to be awarded on the EPC mode, it noted. from Economy-News-Economic Times...

Engineering exporters urge government to set up shipping regulator

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EEPC India has stated that reduction in ocean freight is important to increase competitiveness of engineering exporters in the global market...

Banking

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The provision coverage ratio (PCR) gives an indication of the provision made against bad loans from the profit generated. Higher the PCR, lo...

Provision coverage ratio of PSU banks on the rise, crosses 66%

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The provision coverage ratio (PCR) gives an indication of the provision made against bad loans from the profit generated. Higher the PCR, lo...

Need a monitoring mechanism to ensure prompt use of funds under DMF: Parliamentary panel to Mines Ministry

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The DMF has been created in each district under the provisions of Mines and Minerals (Development and Regulation) (MMDR) Amendment Act, 2015...
Saturday, December 29, 2018

Focus on identifying areas which have escaped tax net: Revenue secy

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The government is looking at bringing untaxed sectors in the tax net as well as improving compliance to raise the tax-to-GDP ratio, revenue ...