New loan pricing: Viral Acharya says RBI studying transition cost
Mumbai, November 21, 2017
Deputy governor Viral Acharya has said the suggestions received on the recommendations of the RBI study group on an external benchmark-based lending rate system are being carefully examined, keeping in view the transition cost to the new loan pricing system.
12% & 18% GST slabs may be merged, 28% for demerit goods: Arvind Subramanian
New Delhi, November 21, 2017
The government may combine the 12 per cent and 18 per cent slabs for goods and services tax (GST) into one in the near future and reserve the 28 per cent rate only for demerit goods, said chief economic adviser Arvind Subramanian.
Sebi and exchanges have started examining trade details of over two dozen stocks as part of a probe into alleged leak of key financial details of these companies through WhatsApp while the regulator is also considering seeking call data records of the persons involved.