Arbitration only if contract is final In order to refer a dispute to arbitration, there must be a concluded contract between the parties. When there is a global
Day: October 2, 2018
Trump says India wants trade deal with America primarily to keep him happy – The Economic Times
Describing the south Asian country as the “tariff king,” the president told reporters at the White House that India “called us to start negotiations immediately.”
Arun Jaitley defends loan write-offs; says they don’t lead to waiver, recovery still pursued – The Economic Times
Jaitley in a Facebook blog said “technical write-offs” are resorted to by banks as per the Reserve Bank of India (RBI) guidelines. Finance Minister Arun Jaitley Monday
Commerce Minstry focusing on 9 sectors to boost exports; eyes 16% growth this fiscal – The Economic Times
Since 2011-12, India’s exports have been hovering at around USD 300 billion. During 2017-18, the shipments grew by about 10 per cent to USD 303
IBBI needs to have more powers, says NCLAT Chairperson – The Economic Times
The Insolvency and Bankruptcy Board needs to be given more powers, NCLAT Chairperson Justice Sudhansu Jyoti Mukhopadhaya said Monday and also suggested that there should be regulations for the Committee of Creditors (CoC). The number
Government, move fast on Aadhaar–Economic Times
The government should end the confusion over the status of Aadhaar in the wake of the Supreme Court verdict holding use of Aadhaar valid for
Companies pay up Rs 1.1 lakh crore for fear of insolvency action – The Economic Times-R
The number of cases filed is almost four times higher, sources said, but many are withdrawn before they are admitted as the borrower agrees to
IL&FS: Government takes control of IL&FS, 6-member board led by Uday Kotak set up–Economic Times
The Centre has taken control of the management of IL&FS that has roiled markets by defaulting on debt, stepping in to check a contagion that could have
Gita Gopinath appointed as Chief Economist of IMF – Big proud moment for India! – The Financial Express
It’s a big proud moment for India! In a major development, Gita Gopinath has been appointed as Chief Economist of International Monetary Fund (IMF). Gopinath
Money bill for Aadhaar act virtually eliminates RS, President from legislature process; why it isn’t justified – The Financial Express
The Supreme Court’s verdict on upholding the constitutional validity of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016, is
IL&FS–Time for swift action | Business Standard Editorials
The National Company Law Tribunal (NCLT) permitted the government on Monday to seize control of infrastructure finance major Infrastructure Leasing and Financial Services (IL&FS) with
September unemployment data show significant changes | Business Standard Column
The unemployment rate inched up to 6.6 per cent in September 2018. And, the labour participation rate also scaled up to 43.2 per cent. In August, the unemployment rate
IL&FS crisis: India’s ‘too big to fail’ moment? | Business Standard Column
The government is intervening to try and contain the IL&FS default crisis. Is this India’s “too big to fail” moment? That reference to the US-led subprime crisis
Govt issues lookout notices for four directors of debt-laden IL&FS | Business Standard News
The government has come down heavily on Infrastructure Leasing & Financial Services’ (IL&FS’) former management, led by Ravi Parthasarathy, who retired in July 2018, vice-chairman
More pain, little gain – The Hindu BusinessLine
Hiking import duties won’t help India lower its current account deficit; in fact, it may hurt trade In yet another half-hearted attempt to contain the
All you wanted to know about Aadhaar verdict – The Hindu BusinessLine
The insistence on Aadhaar has been one issue that has polarised public opinion in India like no other. If it made data privacy advocates see
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