GST woes likely to hurt handicraft exports in 2017-18

GST woes likely to hurt handicraft exports in 2017-18 Problems related to refund of goods and services tax (GST) and slow demand in global markets would impact export of handicrafts and could lead to decline in shipment by about 3.5 per cent in the current fiscal year, the Export Promotion Council for Handicrafts (EPCH) said.EPCH […]

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NBFCs amy grab larger share of corporate lending

NBFCs amy grab larger share of corporate lending The share for non-bank finance companies (NBFCs) in corporate lending might increase as the revised stressed asset framework predicts higher non-performing assets (NPAs) for banks. “Pressure on asset quality could mean that banks would not be as aggressive about lending as before, because they would focus on […]

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I&B representative on Prasar Bharati board complains against chairman

I&B representative on Prasar Bharati board complains against chairman The spat between the I&B ministry and Prasar Bharati, which erupted last week, has turned serious with I&B additional secretary Ali Rizvi complaining to the ministry that he was “unfairly shouted down” by chairman A Surya Prakash in the board meeting on February 15. At the […]

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