By Dhirendra Kumar Bitcoin is a bubble because it has no inherent value, and the price is determined solely by the balance between buying and
Day: December 6, 2017
Bail-in doubts — on financial resolution legislation – The Hindu–07.12.2017
Finance Minister Arun Jaitley has wisely sought to allay fears about a “bail-in” clause in the Financial Resolution and Deposit Insurance Bill, 2017. Introduced in
GST: Panel moots wide-ranging revamp to make GST less taxing – The Economic Times
A key committee set up by the government to simplify the goods and services tax (GST) has proposed a wide-ranging revamp of the reform that
GST: GST data may be used to track income-tax evaders – The Economic Times
The government may be looking to use data obtained from Goods and Services Tax (GST) filings to track those who are escaping income-tax, two people
ICO: Startups test a brand new crypto-currency: ICO – The Economic Times–06.12.2017
If crypto-currencies are the future of the digital economy, then initial coin offerings, or ICOs, could be the future of fundraising. At least a half
Bankruptcy law: NCLT: Government must focus on creating infrastructure and make the tribunal self-sufficient – The Economic Times
The threat of NCLT stumbling without infrastructure and expertise is ever more than it being a welloiled mechanism. On its first birth anniversary, the National
Amazon Launchpad: In India, 250 startups on Amazon Launchpad – The Economic Times–06.12.2017
Twelve months after kickstarting Amazon Launchpad in India, the ecommerce company’s programme for product startups to sell on its marketplace, the etailer has reached a
Bitcoin Price: Bitcoin now bigger than Warren Buffett: What else can it buy?–06.12.2017
By Colin Simpson Bitcoin’s extraordinary price surge means its market capitalization now exceeds the annual output of whole economies, and the estimated worth of some
ICO: Startups test a brand new crypto-currency: ICO – The Economic Times–06.12.2017
f crypto-currencies are the future of the digital economy, then initial coin offerings, or ICOs, could be the future of fundraising. At least a half
Amazon ups their game in artificial intelligence race – The Economic Times–06.12.2017
Amazon.com Inc this week announced a flurry of new machine learning features for its Amazon Web Services cloud computing business, raising its challenge to Silicon
Focus on working capital for exporters
n its mid-term review of the foreign trade policy, the government has offered incremental sops to exporters in specific sectors such as leather, textiles and
exports: Government rolls out incentives to boost exports – The Economic Times
The government on Tuesday announced incentives worth a total Rs 8,450 crore to boost exports and employment in labour-intensive sectors in the mid-term review of
Promoters’ equity will be eventually cancelled after resolution under bankruptcy: Corporate lawyer Shardul Shroff
With each passing day, more doubts and questions are emerging about the recent amendments introduced in the bankruptcy code. There are some who are even
GST impact: Is it a bane or a boon for the logistics sector? – The Financial Express
The emerging post-GST scenario looks optimal in formalising the transportation and logistics industry to operate as a common business unit. The emerging post-GST scenario looks
Ease of doing business ranking in India: Centre, rather than congratulating itself, must attend to areas of concern – The Financial Express
The World Bank’s Doing Business report ranked India at 100th position, giving the government a pat on the back for doing the right things to
Lenders may go slow on referring SMEs to NCLT | Business Standard News
Lenders plan to go slow on referring stressed small and medium enterprises to the National Company Law Tribunal (NCLT) for resolution under the Insolvency and
Foreign Trade Policy: More incentives for exports, focus on ease of trading | Business Standard News
Commerce Minister Suresh Prabhu on Tuesday unveiled more incentives to boost labour-intensive and employment-oriented merchandise and services exports while releasing the much-awaited mid-term review of
Onus on rating agencies to reveal loan defaults | Business Standard News
In a substantial dilution of its earlier stand that listed companies should make public any loan default within 24 hours of missing the repayment obligation,
14% rise in corporate debt under stress | Business Standard News
Disruption caused by demonetisation and the economic slowdown seems to have complicated banks’ efforts to recover their dues from financially stressed companies. There was a
Tweaking the fiscal road map | Business Standard Column
Finance Minister Arun Jaitley’s fifth Budget is being prepared under the most unusual circumstances. Estimating the tax revenue collections has always been a challenging task