The Real Estate (Regulation and Development) Act, 2016, or Rera was hailed as the panacea for the various ills plaguing the Indian real estate sector. The idea behind Rera was to create a legal
Month: May 2018
GST–Firms to challenge input tax credit notices, revenue department’s stand | Business Standard News–04.05.2018
Some of the companies that have received notices to reverse input tax credit in service tax are planning to challenge the revenue department’s stand at the commissioner
ArcelorMittal offers to clear dues of Uttam Galva and KSS Petron – Business Line–04.05.2018
ArcelorMittal, the world’s largest steel company, has offered to pay the ₹8,500-crore debt of both Uttam Galva Steels and KSS Petron as a “goodwill” gesture
Why the MSP regime isn’t clicking – Business Line–04.05.2018
Without the backing of a robust procurement policy and associated logistics it is bound to fail Under Indian conditions, agriculture faces several risks — weather,
Insolvency deadline ends today: Thriveni plan cancelled; Lanco may face liquidation | The Indian Express–04.05.2018
The company is part of a dozen troubled companies —with a combined debt of close to Rs 2.4 lakh crore — which the Reserve Bank
Bankruptcy: View: Government should not let bankruptcy resolution be taken for a ride by crony capitalists – The Economic Times–02.05.2018
Those who live by the sword die by the sword. Is crony capitalism in India to be slayed by cronies? Unless specific, urgent attention is paid to
Modi: Is the Indian economy out of the woods yet? – The Economic Times–02.05.2018
Amit Kapoor By all estimates, the Indian economy has entered a phase of recovery. After a period of subdued growth that was marred by a
Operational creditors file application to stop Alok’s liquidation – The Economic Times–02.05.2018
A group of 10 operational creditors has filed an application objecting to the proposed liquidation of the debt-laden Alok Industries under insolvency proceedings intensifying the fight to save a
RBI: RBI widens FPIs’ investment scope in local corporate debt – The Economic Times–02.05.2018
Foreign portfolio investors can now invest one-fifth of their total investment in less than one-year residual debt papers sold by companies, the Reserve Bank of India said
GST@1 lakh crore: No need to get over excited as financial years end with higher collections, says Vanaja Sarna, CBEC – The Economic Times–02.05.2018
GST collections have crossed Rs 1 lakh crore for the first time. Is this a big sigh of relief and what part of the GST
GST: GST Revenue collection for April 2018 exceeds Rs 1 lakh crore–Economic Times–02.05.2018
The total revenue collection under the Goods and Services Tax (GST) regime rose to Rs 103,458 crore during April 2018, official data showed on Tuesday.
More work for an active debt market–Economic Times–02.05.2018
An active debt market calls for proactive policy, and the Reserve Bank of India’s (RBI) move last week to liberalise investment criteria for foreign portfolio
Labour pains: Not pushing labour reforms a mistake, but still not too late – The Financial Express–02.05.2018
Given how India is fast losing its competitive edge in exports, and enterprises at home are increasingly automating operations, it is unfortunate the government doesn’t
Why deepening the bond markets is a good idea – The Financial Express–02.05.2018
Given the sharp spike in bond yields over the past several months and the fact the borrowing calendar for 2018-19 is not a particularly light
GST woes: Why patience shall pay; adjustments in India happening faster than they did elsewhere – The Financial Express–02.05.2018
Recent economic news headlines signal a strong optimism relating to the Indian economy being on the upswing. Last week, the IMF, at its annual Spring
RBI paper points to sharp fall in rural wages since 2014 – Business Line–02.05.2018
The rural economy appears to be under stress, going by the trends in rural wages, especially those of agricultural labourers. According to a Reserve Bank
Across The Aisle: The one-trick pony in Delhi – The Financial Express–02.05.2018
The first Gulf War 1990 was fought on oil: which companies will control the oil fields of the Arabian region? Norway wisely built a Future
Bhushan Power: Final call on second round of bids on Tuesday – The Financial Express–01.05.2018
The committee of creditors (CoC) for Bhushan Power and Steel are in the process of deciding whether to go for a second round of bidding
RBI: RBI note on data localisation raises hackles in the US – The Economic Times–01.05.2018
Leading Indo-US business advocacy groups have raised concerns with authorities over the Reserve Bank of India’s directive asking payment companies to store data locally. While
Is buying travel insurance online a good idea? – The Economic Times–01.05.2018
Travel Insurance is an important part of any travel. Insurance providers like ICICI Lombard, Tata Aig, and Bajaj Allianz, offer a multitude of benefits under
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