The Index of Industrial Production has notched a credible 7.1% increase in February (over the like period last year); output has been buoyant for four
Month: April 2018
Binani: SC order a new opportunity–Economic Times–16.04.2018
When Binani Cement moved the Supreme Court seeking to exit the resolution process under the Insolvency and Bankruptcy Code (IBC) overseen by the National Company
As banks shy away from education loans, NBFCs see a lucrative opportunity | Business Standard News–16.04.2018
While public sector banks are facing high accretion of non-performing assets (NPAs) in the education loans, leading to a marked slowdown in growth, non-banking finance companies (NBFC) are expanding
Give Insolvency and Bankruptcy Code a chance | Business Standard Column–16.04.2018
The Insolvency and Bankruptcy Code, 2016 (the Code), shall be two years old next month with mixed experience, despite government’s move at an unprecedented pace to operationalise
Banks Bottom Line–Brief respite – Business Line–16.04.2018
What was to be a catastrophic quarter for banks could well turn out to be a comforting one, thanks to the dispensations that the RBI
Insolvency and Bankruptcy Code: BJP claims Rs 4 lakh crore recovery; RBI data tell a different story | The Indian Express–16.04.2018
The IBC provides for a time-bound resolution within 180 days, and has a provision to extend the deadline by another 90-days. The BJP claimed on
GST–Smooth e-way bills system a relief | Deccan Herald–16.04.2018
The reintroduction of the e-way bill system, which is a crucial part of the Goods and Services Tax (GST) regime, from April 1 has been
E-way bill: CBIC spells out procedure for interception, detention of goods – Business Line–16.04.2018
Tax authorities have asked field officers to follow standard procedure for interception of conveyances for inspection of goods and their confiscation under the e-way bill
No friction with RBI, different views natural: Economic affairs secretary Subhash Chandra Garg – The Economic Times–16.04.2018
Investment revival is expected now. You don’t invest when there is spare capacity, you invest when capacities have been breached and you need fresh capacities,
Stringent verification – New ITR forms: Things you shouldn’t miss | The Economic Times–16.04.2018
Increased focus on combating tax evasion Text: Amarpal S. Chadha, Tax Partner & India Mobility Leader, EY The Government’s focus on e-assessments is an effort
India needs robust exports, investment to achieve 8% growth: ADB – Business Line–16.04.2018
India can achieve over 8 per cent growth rate in a sustained manner if it takes steps to revive investments and make exports competitive, said
Rupee — what lies ahead – Business Line–16.04.2018
After a strong 2017, the rupee appears wobbly this year. A look at the factors behind the fall and what’s in store The year 2017
GST: CBIC lays out procedure for inspection of goods under E-way bill | The Indian Express–16.04.2018
Trucks at a toll plaza. Under a proposed nationwide electronic way bill under the GST regime, smoother transition of goods between states had been expected.
Electrosteel Insolvency case: IBBI fines resolution professional for not considering creditor claim | The Indian Express–16.04.2018
National Sales’ claims fell in the category of 31 operational creditors for which claims are under ‘dispute’ in the pre-corporate insolvency resolution process The Insolvency
Binani withdraws termination plea of insolvency process | The Indian Express–16.04.2018
Binani Industries had reached an in-principle understanding with UltraTech Cement last month that would allow the latter to buy Binani Industries’ 98.43 per cent stake
E-way bill: CBIC spells out procedure for interception, detention of goods – Business Line–15.04.2018
Tax authorities have asked field officers to follow standard procedure for interception of conveyances for inspection of goods and their confiscation under the e-way bill
How SMBs can minimize COD failures and returns – The Economic Times–14.04.2018
By Saahil Goel Indian e-commerce is a strange mix of the new and the familiar. Spurred on by increasing internet access and smartphone penetration, industry estimates
Bonds issued by corporates touch ₹6 lakh crore – Business Line–14.04.2018
Corporate bond issuances in the last fiscal totalled ₹6 lakh crore, but the market is still dominated by private placements, a report from Care Ratings said.
Governor Patel, stay firm on bank norms–Economic Times–14.04.2018
Reserve Bank of India governor Urjit Patel has done the right thing to rule out any dilution in the norms for bad loans in the
Big cost of loans from small saving schemes–Economic Times–14.04.2018
The government’s borrowing cost is going up, even when the yield on gilts trends down. This is neither good for a functioning debt market nor
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