By Abheek Barua The oldest trick in the high school debater’s book is to make the opponents’ propositions appear so risible that the judges are
Day: October 24, 2018
banking sector: With system-wide NPAs worse than Pakistan & Botswana, the Indian banking sector is in a mess – The Economic Times-R
By Ashwini Anand The Indian banking sector is in deep trouble. No, I am not referring to the 25%-50% crashes the stock prices of lenders such as DHFL,IIFL
More taxpayers should mean more taxes, too–Economic Times
The reported surge in the number of individuals declaring incomes above .`1crore is welcome. Official data shows a 68% increase in the number of crorepati
CAG Rajiv Mehrishi questions RBI’s accountability over NPA crisis – The Economic Times-R
Comptroller and Auditor General of India ( CAG) Rajiv Mehrishi on Tuesday questioned the role of RBI in the present banking crisis, asking what the regulator was doing
IBC: New delisting norms for IBC companies could trip punters’ bets – The Economic Times-R
By- Pavan Burugula Investors who have punted on the Insolvency and Bankruptcy Code (IBC) bound stocks hoping to cash in on business turnaround could be
Why government must not lean on RBI to relax norms for PCA banks – The Financial Express
The government should desist from asking banks to help alleviate the stress at NBFCs and Housing Finance Companies (HFCs) and leave it to lenders to
Lessons for RBI from the shocking Rupee slide and questions it has raised – The Financial Express-R
Many were then quick to credit the new inflation-targeting monetary policy regime introduced by former Governor Rajan to tame inflation and preserve “both internal and
Bhushan Power bid: NCLAT gives Tata Steel a chance to plead its case – The Financial Express-R
Senior counsel Abhshek Manu Singhvi, appearing on behalf of Tata Steel, alleged that the CoC gave JSW Steel undue chances to revise its bid after
GST muddle: AARs’ rulings clash on similar queries in two States – The Hindu BusinessLine
Payments made by foreign companies to liaison offices in the country will not attract GST, Authority of Advance Rulings (AAR) – Tamil Nadu has ruled.
Modi Govt’s tenure ‘best years’ of Indian economy: EAC-PM member – The Hindu BusinessLine
The Economic Advisory Council to the Prime Minister (EAC-PM) member, Surjit Bhalla, on Tuesday said that the four years of the Modi government are the
Six-member panel set up to resolve stressed assets – The Hindu BusinessLine-R
The overseeing committee (OC) that is being set up under the inter-creditor agreement (ICA) for resolution of stressed assets will have six members, including Janki
Absence of a deep bond market is major cause for banking crisis: CAG – The Hindu BusinessLine-R
The major cause for the current crisis in the banking system is the absence of a deep bond market and not “theft and bad lending”,