Kishore Kumar BiswasThe benchmark monetary policy rates of Reserve Bank of India (RBI) are going to be decided by a broad basedcommittee instead of the on-going practice of deciding them by the Governor of the RBI. The policy rates, in many countries who have adopted inflation targeting, are decided...
Varsha SinghEvery time you go shopping or to cafes and restaurants, you are more likely than not to be approached to make a payback card. For a fast moving consumer, this can be a wallet bursting exercise.Loyalie, a new application that features a digital loyalty card, can be a winner in this case. ...
Years have passed but the implementation of the most important and revolutionary tax reform in India, the Goods and Services Tax (GST) has been delayed. The recent meeting of the Empowered Committee of GST was convened in Kolkata. The Chairman of the Committee was Amit Mitra, Minister, Finance...
Banks have played a vital contributory role in India’s development process. The recent policy discussion on the merger of nationalized banks may not be as fruitful in dealing with the Non-Performing Assets (NPA) as being envisioned. The process of nationalization, which started in 1969, saw 20 ban...