DSIJ Mindshare

Indian markets are likely to make a flat to positive start on the back of flat trading seen among Asian peers. The SGX Nifty suggests that the Nifty could open up by 26 points at 10,483 at opening bell.  

It is estimated that there are around 20-22 crore businesses and other entities in India that have dubious identities and are engaged in dubious transactions. The move to introduce PAN as a unique identity for these entities will bring them under the purview of the government authorities. 

The fact that the Indian banking system has been beset with the problem of a huge pile-up of corporate bad debts is a matter of grave concern. The gravity of the problem is evident from the fact that at the end of September 2017, the total GNPAs in the Indian banking system was a whopping Rs 8,36,782 crore.

To curb the bankers’ proclivity to delay the passage of benefits of RBI’s policy rate cuts to the customers, RBI has now asked the banks to link the base rate with the MCLR with effect from April 1, 2018. Read on to know more...

The intra-day crash of 1,600 points in the Dow Jones on February 5 and the more than 1,200 points opening gap in the Sensex on February 6 left the investors gasping for breath, literally. The prime accused seem to be high inflation and the rising yields on US T-bills.