We are living in a financially critical time cycle. Global growth outlook remains positive for the year 2018 despite threats from an expansionary US fiscal
Day: July 16, 2018
Insolvency proceedings: Tata Steel readying blueprint to buy Bhushan Power | Business Standard News–16.07.2018
Tata Steel is gearing up to acquire Bhushan Power & Steel, going through insolvency proceedings, if it gets the requisite approvals. Much like the Bhushan Steel
Making Sashakt stronger | Business Standard Column–16.07.2017
Sashakt takes a much-needed stab at creating a structure outside the bank to systematically park distressed asset for resolution. The proposal of inter-creditor agreement to
ARC ‘cure’ may compound NPA disease – Business Line–16.07.2018
Low provisioning for security receipts against stressed assets could hurt banks Banks, which are already groaning under the burden of non-performing assets (NPAs) imposed
6-7% growth is automatic; 7-8.5% is possible with reforms: CEA – Today’s Paper – Business Line–16.07.2018
If India “chugs along”, 6-7 per cent GDP growth will be “automatic”, while 7-8.5 per cent growth is possible if the nation continues on the
Must ‘keep to macro stability path to ride out turbulence ’ – NEWS – Business Line
Arvind Subramanian, Chief Economic Advisor in the Ministry of Finance, was seen as ‘arrogant’ but ‘gutsy’ by his friendly neighbours in the North Block. He
Forced bonding – OPINION – Business Line
It is a bad idea to compel large corporate borrowers to take the bond market route After the recent bad loan saga, it has become
Tweaking GST, again – OPINION – Business Line
Three proposals, however, are welcome One of the features of GST has been the ever-so-frequent changes in the laws. These changes do not seem to