As news of petroleum fuel retail prices hitting new highs every passing day hits the consumer, expectation builds up that the government would cushion the
Day: April 5, 2018
RBI enjoys equal regulatory power over both private and public banks: Govt | Business Standard News–05.04.2018
The Union government has informed the Parliament that the regulations framed by the Reserve Bank of India (RBI) apply equally to both public and private sector banks,
Aadhaar not open to judicial review: Centre tells SC – The Economic Times–05.04.2018
Earlier, the Centre had said that the Aadhaar Act was a “fair and reasonable law” which complied with the tests prescribed by the historic verdict
National Company Law Tribunal: Bankruptcy: RBI gives provisioning relief to stressed banks – The Economic Times–05.04.2018
The Reserve Bank of India has temporarily relaxed provisioning norms for lenders to defaulters undergoing bankruptcy resolution in a move that could help banks bolster their financial results for
Don’t send banking into deep freeze–Economic Times–05.04.2018
It is important to root out corrupt practices in banking. But to demoralise the entire banking system in the process would be wholly counterproductive. The
Welcome tweak to IBC, but making homeowners financial creditors not a solution – The Financial Express–05.04.2018
Going by the decision of the appellate tribunal to allow the Committee of Creditors (CoC) for Binani Cement to consider an offer by Ultratech, even
Arbitration Council: The birth of a new regulator? – The Financial Express–05.04.2018
Regulation is usually antithetical to growth. Over the past decade, we have witnessed the growth of arbitration in India. The Supreme Court passed judgments overruling
Legal challenges could undermine IBC | Business Standard Column–05.04.2018
The legal system should trust the process of the IBC. Permitting exceptions on a case by case basis is a dangerous path to go down The Indian Bankruptcy Code (IBC)
Insolvency law: IBBI chief puts India Inc’s directors on notice – Business Line–05.04.2018-R
Directors of companies facing the insolvency process cannot go unscathed while the companies they ran are hauled over the coals. For the first time ever,
Loan waivers will hurt farmers more – Business Line–05.04.2018
Policies that improve the long-term sustainability and competitiveness of the farm sector are the need of the hour The ongoing farm distress around the country
Why we don’t need PSBs: Bank privatisation must be on the reform agenda of the next government–Times of India–05.04.2018—–*****
The banking sector, a major engine of growth, has been greatly underperforming in India. This is an inherited problem for the present government. Experts in
Facebook says data of 87 million people may have been shared with Cambridge Analytica | The Indian Express–05.04.2018
Most of the 87 million people whose data was shared with Cambridge Analytica, which worked on US President Donald Trump’s 2016 campaign, were in the
While Facebook faces the music, maybe it is time to #DeleteWhatsApp | Opinion | analysis | Hindustan Times–05.04.2018
It is time to hold all the social media companies accountable for their massive breaches of our privacy analysis Vivek Wadhwa WhatsApp co-founder Brian Acton
India third most vulnerable country to cyber threats – The Hindu–05.04.2018
The U.S. remains most vulnerable to such attacks, followed by China, according to the recently released ‘Internet Security Threat Report’ India emerged as the third
What rising bond yields tell us about the economy – The Hindu–05.04.2018—–*****
The bond market is a strong indicator of investor confidence in the government. Here is how you can read it. The recent furore over the
Bond cover-up – Business Line-05.04.2018
A large part of Indian banks’ non-performing asset (NPA) woes can be traced to the fact that when their lending decisions go awry, they sweep
GST E-Way Bill: It’s all about ‘Jugad’- Business News–Business Today-05.04.2018
The last two days of the e-way bill implementation under the Goods and Services Tax (GST) regime, has been uneventful, with over 11.18 lakh tax
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