GST architecture is my brainchild, says PM
Prime Minister Narendra Modi on Thursday told Parliament that the current architecture of goods and services tax (GST), including greater weighting to manufacturing states, was his brainchild, which he had suggested as chief minister of Gujarat to then finance minister Pranab Mukherjee, but eventually Arun Jaitley, the finance minister during his government’s previous term, included it into the law. Read more
DBS, Capri Global suitors for Lakshmi Vilas Bank
Capital-starved private sector lender Lakshmi Vilas Bank (LVB) may soon have a suitor willing to pump money into it. Read more
RBI