By Tejas Goenka Over the last few years, it has been encouraging to note that numerous small businesses across the country are coming to terms with the
Month: September 2018
Car insurance premium up sharply: Compulsory personal accident cover hiked to Rs 15 lakh – The Economic Times
Currently, Personal Accident Cover is capped at Rs 1 lakh for two-wheelers and Rs 2 lakh for private or commercial cars respectively. The compulsory personal accident
Vehicle Insurance: Uninsured vehicle owners should pay accident-compensation else vehicle to be auctioned: SC
If any uninsured vehicle ends up in an accident, the compensation payable to victim’s family becomes an issue. If you are driving an uninsured vehicle,
Punish those who fabricate false cases
Rocket scientist Nambi Narayanan had his career cut short, life disrupted and life experience stretched to the prison, where he spent 50 days, because of
RBI announces norms for co-origination of priority sector loans by banks, NBFCs – The Financial Express
The co-origination arrangement should entail joint contribution of credit by both lenders at the facility level. The Reserve Bank Friday announced guidelines for co-origination of
P Chidambaram slams government for its ‘heavy-handed’ approach towards NPA – The Financial Express
Senior Congress leader P Chidambaram Friday slammed the Modi government for its banking policy, saying due to its “heavy-handed” approach towards non-performing assets, banks have no money to lend.
Flirting with danger: If the rupee touches 73 again, RBI should push the off-meeting button – The Financial Express
Flirting with danger: If the rupee touches 73 again, RBI should push the off-meeting button The set of initiatives unveiled by the government/RBI last weekend to
The GDP row is a fight of the fools – Here is why – The Financial Express
The GDP row is a fight of the fools Because politicians ultimately end up being policymakers, they should do better in appreciating the fact that
Supreme Court stays insolvency proceedings against Mack Soft – The Financial Express
Supreme Court stays insolvency proceedings against Mack Soft The Supreme Court has stayed the insolvency proceedings against Mack Soft Tech by its holding company Quinn
Why services exports aren’t a panacea for country’s trade deficit problem | Business Standard Column
The 13 per cent fall in the dollar value of the rupee so far this calendar year has focused attention on the country’s growing deficit
No need for curbs on gold to bring down the CAD, says Somasundaram PR | Business Standard News
Somasundaram PR The burgeoning current account deficit (CAD) has led to reports that the government may again restrict gold imports. However, Somasundaram PR, managing director, India of
The Isro tragedy: Who will be held accountable for a cooked-up spy case? | Business Standard Editorials
In a tragic turn of events, space scientist K Chandrasekhar died in hospital hours before the Supreme Court (SC) finally pronounced that the spy case
Big haircut for lenders as NCLT okays resolution plan for Orchid Pharma | Business Standard News
The Chennai bench of the National Company Law Tribunal (NCLT) has approved the resolution plan submitted by US-based investor Ingen Capital Group LLC for Chennai-based pharmaceutical manufacturer Orchid Pharma Ltd, following
Strong opposition pushes MSME Bill to backburner – The Hindu BusinessLine
The Bill to redefine Micro, Small and Medium Enterprises (MSMEs) may not see the light of the day as the government seems to have developed
To stem rupee slide, India may look to lock in oil futures – The Hindu BusinessLine
The Indian government is planning to ask state oil firms to lock in their crude futures purchase prices, a government source said on Thursday, anticipating
Financial creditors not part of CoC don’t have voting rights: IBBI – The Hindu BusinessLine
The Insolvency and Bankruptcy Board of India (IBBI) has cleared the air on the crucial issue of whether a financial creditor who is not admitted
petrol prices: Why the government must move fuel to GST – The Economic Times
By Chetan Bhagat Fuel prices have hit all-time highs. Petrol crossed Rs 80 a litre. Diesel hit new records too. Fuel prices are technically supposed to
Don’t raise import duties on steel
The steel ministry reportedly wants to raise the effective import duty on some steel products to 15% from rates that range from 5% to 12.5%
Forget gold import duty, get the bond right first – The Financial Express
Given India’s imports of gold were $8.4bn in Q1FY19, it is not surprising the government wants to curtail demand; they were 18% of the trade
NCLAT wrongly allowed ArcelorMittal to pay dues after bidding for Essar Steel, NuMetal tells SC – The Financial Express
The Appeal is on limited grounds as the NCLAT has committed “a fundamental error” in interpreting the provisions of the Code and allowed time to
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