Opinions about the Indian rural landscape are scattered across both extremes, and so are the verifiable data-points. One opinion is that the rural economy is
Month: November 2017
Money mischief | Business Standard Column
In 1341, Mohammed bin Tughlaq suffered a heavy drain upon the treasury from his munificence in dealing with the distress caused by his decision to
Ban on promoters from bidding for stressed assets will not bring down valuation: JSW Steel | Business Line–29.11.2017
The valuation of stressed assets will not come down due to a ban on promoters bidding for such assets, JSW Steel Joint Managing Director Seshagiri
Centre wants RBI rate cut before March – Finance Ministry sources | Business Line
Impatient for faster economic growth, the Centre is lobbying for a reduction in official interest rates in coming months as it expects inflation to stay
Garment makers fear exports will drop 15% to $14 billion this fiscal | Business Line–29.11.2017
Garment manufacturers are apprehensive of an over 15 per cent drop in exports in 2017-18 to $14 billion, from $17 billion a year ago, because
Income Tax: Income Tax notices to 1.16 lakh for cash deposit of over Rs 25 lakh – Times of India–29.11.2017
Highlights The tax department has slapped notices on individuals and firms who made cash deposits in bank accounts post note ban “There are 1.16 lakh
GST compliance: GST collection, compliance unlikely to improve near-term: Report – Times of India–29.11.2017
Both Goods and Services Tax (GST) collections as well as its compliance in the first four months since the rollout of the new tax regime
GST’s real gain is efficiency and sustainability | analysis | Hindustan Times–29.11.2017
The implementation of the Goods and Services Tax (GST), considered to be the most important policy change in India since economic liberalisation, has the potential
Unsafe Aadhaar serves cybercrime–Deccan Herald–29.11.2017
Kuldeep Singh, Nov 29 2017, 1:28 IST In August 2017, Abhinav Srivastava, a Bengaluru-based IT professional, was arrested for stealing Aadhaar data. He piggybacked on
GST: GST collections in October decline to Rs 83,346 crore – The Economic Times–28.11.2017
Government’s total collection under GST for the month of November 2017 has dropped to Rs 83,346 crore till 27th November 2017. The revenue collected under
insolvency: Another twist in Insolvency as NCLT passes a new order – The Economic Times–28.11.2017
The National Company Law Tribunal has for the first time directed that a liquidator be appointed in place of an existing resolution professional in the
GST: Here’s what you can do if a restaurant overcharges even after the GST rate cut – The Economic Times–28.11.2017
Ever since the GST regime has come into force, establishments have been trying to find ways to trick the system. The government may have slashed
Insolvency and Bankruptcy Code: Govt shot in the foot by making IBC terms so exclusive: Mythili – The Economic Times–28.11.2017
ET Now: What do you have to say on the impact on banks after the changes to the insolvency and bankruptcy code? Some say buyers
Insolvency ordinance: Importance of being earnest–Economic Times–28.11.2017
By Arijit Barman Last week’s new insolvency Ordinance, barring all wilful defaulters, or incumbent promoters with bad loans for ayear or more, from the auction
India needs insolvency ordinance to deal with Rs 9.5 lakh crore bad loan monster – The Financial Express–28.11.2017
The Insolvency and Bankruptcy Code (IBC) amendment to plug a loophole in the law that allowed promoters to re-purchase their stressed assets at a discounted price
Insolvency process: Crackdown against defaulting owners is good; why no one should shed tears – The Financial Express–28.11.2017
Given how many promoters have often gamed the system and got away with defaulting on loans, leaving banks to take huge haircuts, it is only
No, India not strong enough yet: S&P’s status quo cools Moody’s upgrade | Business Standard News–28.11.2017
Standard & Poor’s stuck with its “BBB-minus” sovereign rating and “stable” outlook for India on Friday, declining to follow Moody’s recent decision to upgrade the
Crisil’s urges focus on labour-intensive sector’s issues as exports fall | Business Standard News–28.11.2017
At a time when global trade is set to accelerate, the fall in India’s export is disquieting and structural changes in labour-intensive sectors such as
Only ‘errant promoters’need fear IBC: entre | Business Line–28.11.2017
In defence of its recent insolvency ordinance, the government has asserted that the entire effort is aimed at “disqualifying errant promoters” while providing for a
New IBC provisions to deepen losses for banks: Report | Business Line–28.11.2017
Promoters of steel companies undergoing resolution under the bankruptcy code were keen to bid for assets but will not be able to do so now
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