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Somesh Jha

Somesh Jha

Somesh Jha

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Donations through electoral bonds surged ahead of state assembly elections

Nearly 40 per cent of total funds mopped through electoral bonds came in October

Donations through electoral bonds surged ahead of state assembly elections
Updated On : 20 Nov 2019 | 1:11 PM IST

Arvind Panagariya-led task force report on jobs data kept in cold storage

Panagariya submitted the report to PMO a day before demitting office

Arvind Panagariya-led task force report on jobs data kept in cold storage
Updated On : 03 Jan 2019 | 1:42 AM IST

Union Cabinet approves proposed amendment to The Trade Unions Act

Unions are not recognised under the Trade Unions Act, originally enacted in 1926

Union Cabinet approves proposed amendment to The Trade Unions Act
Updated On : 03 Jan 2019 | 1:27 AM IST

7 PSBs may get Rs 286 billion through recapitalisation bonds by Dec-end

All banks, except Syndicate Bank, which are expected to receive capital infusion under RBI's PCA are facing certain lending restrictions

7 PSBs may get Rs 286 billion through recapitalisation bonds by Dec-end
Updated On : 28 Dec 2018 | 1:33 AM IST

Paid maternity leave: FinMin raises questions over labour ministry's move

After complaints that the new law may impact employment of women, the govt has framed a scheme to provide monetary incentive to companies

Paid maternity leave: FinMin raises questions over labour ministry's move
Updated On : 28 Dec 2018 | 1:23 AM IST

'Sashakt' plan for resolution of stressed assets active for pre-IBC process

In October, the IBA had circulated the final operating guidelines for the bank-led resolution process and had received approval from several lenders

'Sashakt' plan for resolution of stressed assets active for pre-IBC process
Updated On : 27 Dec 2018 | 10:14 PM IST

Overregulation affecting liquidity, hurting sector: NBFCs tell PM Modi

On behalf of the NBFCs, Assocham submitted a deta­il­ed memorandum to the Pri­me Minister, highlighting key issues and suggestions, along with demands

Overregulation affecting liquidity, hurting sector: NBFCs tell PM Modi
Updated On : 26 Dec 2018 | 11:10 PM IST

Job creation & its discontents: Did Modi govt achieve the target?

The study by two independent researchers analysed provident fund data held by EPFO to map job creation in the private formal sector

Job creation & its discontents: Did Modi govt achieve the target?
Updated On : 25 Dec 2018 | 11:48 PM IST

Govt to push RBI for exit mechanism from prompt corrective action for banks

The government's move to inject an additional Rs 410 billion into PSBs will be done in tranches starting this month

Govt to push RBI for exit mechanism from prompt corrective action for banks
Updated On : 22 Dec 2018 | 1:01 AM IST

Govt to infuse Rs 830 bn into PSBs, seeks Parliament's nod for Rs 410 bn

The infusion is aimed at helping better-performing banks under prompt corrective action (PCA) to come out of this category

Govt to infuse Rs 830 bn into PSBs, seeks Parliament's nod for Rs 410 bn
Updated On : 21 Dec 2018 | 2:53 AM IST

RSS's labour wing leads to form 'non-political' trade union front

Bharatiya Mazdoor Sangh allies with breakaway faction of the Congress-affiliated Indian National Trade Union Congress.

RSS's labour wing leads to form 'non-political' trade union front
Updated On : 18 Dec 2018 | 10:14 PM IST

BoB-Dena-Vijaya Bank merger: New logo, but names of 3 PSBs to remain intact

RBI nod in place, Jaitley-led group of ministers to give final approval soon

BoB-Dena-Vijaya Bank merger: New logo, but names of 3 PSBs to remain intact
Updated On : 17 Dec 2018 | 2:24 AM IST

RBI board reviews economy and liquidity, to hold talks on governance

There was no discussion on PCA in central board meeting

RBI board reviews economy and liquidity, to hold talks on governance
Updated On : 15 Dec 2018 | 1:58 AM IST

RBI board meet on Dec 14 to focus on liquidity in financial system

The board may consider forming a committee to deliberate on the governance structure in RBI

RBI board meet on Dec 14 to focus on liquidity in financial system
Updated On : 13 Dec 2018 | 1:54 AM IST

Urjit Patel quits as RBI governor 9 months before his term was to end

Patel's abrupt resignation will raise many questions about the testy relationship the central bank had with government representatives in the board of RBI

Urjit Patel quits as RBI governor 9 months before his term was to end
Updated On : 11 Dec 2018 | 2:38 AM IST

Banks at 'poverty line' of capital will stay poor: RBI executive director

The 12-minute speech by Sudarshan Sen focused on why all banks, not merely internationally active ones, should maintain a higher minimum capital than what is prescribed under the Basel framework

Banks at 'poverty line' of capital will stay poor: RBI executive director
Updated On : 07 Dec 2018 | 3:46 AM IST

RBI keeps repo rate unchanged at 6.50%, seeks to prod banks to lend more

RBI Governor Urjit Patel indicated that the policy course could change soon, depending upon the movement in oil prices

RBI keeps repo rate unchanged at 6.50%, seeks to prod banks to lend more
Updated On : 06 Dec 2018 | 2:38 AM IST

RBI may go back to 'neutral' stance in February meet, say experts

RBI said it was willing to reconsider its stance if there were favourable macroeconomic indicators

RBI may go back to 'neutral' stance in February meet, say experts
Updated On : 06 Dec 2018 | 12:39 AM IST

Shift portfolio management operations to subsidiary, RBI tells SBI

SBI's subsidiary SBIFMPL is the fourth-largest asset manager in India and caters to HNIs along with domestic and offshore investors

Shift portfolio management operations to subsidiary, RBI tells SBI
Updated On : 04 Dec 2018 | 1:10 AM IST

NBFC liquidity, not governance, to be focus of next RBI board meet

The RBI has so far maintained it doesn't view cash crunch as a systematic issue, which it feels is limited to a few housing finance companies

NBFC liquidity, not governance, to be focus of next RBI board meet
Updated On : 29 Nov 2018 | 11:50 PM IST