The Insolvency and Bankruptcy Board of India (IBBI) is expected to step up its drive against defaulters by allowing lenders to act against high-profile individuals,
Month: November 2017
Insolvency and Bankruptcy Code: IBC Ordinance: End of the road for dishonest promoters, but has anyone thought of the collateral damage? – The Economic Times–30.11.2017
Section 29A of the Insolvency and Bankruptcy Code bars ousted promoters of an insolvent company from regaining control. It has not specifically disarmed any class
GST: Note ban, GST may have ‘reinforced’ growth deceleration: CEA – The Economic Times–30.11.2017
Chief Economic Advisor Arvind Subramanian today said demonetisation and GST rollout may have “reinforced” the growth deceleration that had already set in. He also exuded
Bitcoin tops $11,000 barrier after $1,000 surge in 12 hours | Business Standard News–30.11.2017
Bitcoin zoomed past $11,000 to hit a record high for the sixth day in a row on Wednesday after gaining more than $1,000 in just
Bank consolidation as a reform is overstated: CEA Arvind Subramanian | Business Standard News–30.11.2017
Your thoughts on the economy after demonetisation and the GST, and the prospects, going forward? There is a global export recovery. I think we can
SMEs: The blind side of Gujarat model | Business Standard News
The key economic parameters of Gujarat show the state has done well with capital-intensive industries but needs to focus more on small enterprises and some
Insolvency ordinance impact: Over 70% of SMEs face liquidation | Business Standard News–30.11.2017
Around 70% of small and medium enterprises (SMEs) undergoing insolvency proceedings face liquidation as their promoters are the only ones presenting resolution plans. The recent
Pending GST refunds, technical glitches continue to hold up exports | Business Standard News–30.11.2017
Five months after the roll out of the goods and service tax (GST) regime, exporters have pointed out that last mile, procedural issues continue to
Bitcoin tops $10,000 on major exchanges | Business Line–30.11.2017
Marks 10-fold increase in 2017 Virtual currency bitcoin soared to an all-time high above $10,000 on Wednesday on major exchanges and digital currency indexes, including
Bitcoin not big enough to threaten world economy: BoE deputy chief | Business Line–30.11.2017
Bitcoin is not at a size where it would pose a risk to the global economy, Bank of England Deputy Governor Jon Cunliffe said on
Bitcoin: What is bitcoin? A look at the digital currency – Times of India–30.11.2017
One of them is worth over $10,000 and some experts say it could rise further. Bitcoin, the world’s most popular virtual currency, allows people to
One bitcoin for $11,000: 7 things to know about the digital currency | tech | Hindustan Times–30.11.2017
One of them is worth over $11,000 and some experts say it could rise further. Bitcoin, the world’s most popular virtual currency, allows people to
Bubble or brave new world? Bitcoin breaks 10,000 barrier for first time tech Hindustan Times–30.11.2017
Bitcoin, a digital currency that allows individuals to transfer value to each other and pay for goods and services by-passing banks and mainstream financial system,
Go for serious debt rejig, not to NCLT–Economic Times–29.11.2017
Depend upon it, Sir, when a man knows he is to be hanged in a fortnight, it concentrates his mind wonderfully. Many people know these
Enable privacy: Data protection must strictly impose purpose limitation and penalties for breaches–Times of India–29.11.2017
A high-level government committee of experts headed by Justice BN Srikrishna has released a white paper seeking views from stakeholders on data protection. Coming against
Finance commission’s cup brimmeth over: Rethink states’ tax share hike to 42% from 32%–Economic Times–29.11.2017
The government has set up the Fifteenth Finance Commission (FiFC) with a markedly ambitious agenda. The terms of reference of the commission, mandated mainly to
Home loans slowdown driven by RERA will reverse in 8 months: ICICI Bank honcho Ravi Narayanan – The Financial Express–29.11.2017
Over 60% of new home launches in the industry in the first half of FY18 had ticket sizes under Rs 25 lakh The home-loan slowdown
Government wants RBI rate cut before March, says report – The Financial Express
Impatient for faster economic growth, India’s government is lobbying for a reduction in official interest rates in coming months as it expects inflation to stay
Exports from India falter; not the rupee, here are the factors to be blamed – The Financial Express–29.11.2017
At a time when both global growth and trade are perking up, India’s exports aren’t seeing any traction. In fact, disconcertingly, the growth in exports
Artificial Intelligence fears not limited to just taking over human jobs; see how far the threat can stretch – The Financial Express–29.11.2017
While most of us won’t even realise it, there are many elements of our tech lives that are already getting a nudge from artificial intelligence