IBC not meant to recover dues The Insolvency and Bankruptcy Code cannot be invoked when there is a dispute over dues and the IBC machinery cannot be
Month: November 2018
Lottery under GST to counterfeit note case, here are key court orders | Business Standard News
via Lottery under GST to counterfeit note case, here are key court orders | Business Standard News
When anti-profiteering authority bares fangs: Here’re lessons from 8 orders | Business Standard News
Anti-profiteering provisions under GST emanate from Section 171 of the Central Goods and Services Tax (CGST) Act, which mandates that (i) benefit on account of reduction in effective rate
Commerce Ministry working with FinMin, PMO to improve export credit: Suresh Prabhu – The Hindu BusinessLine
The Commerce Ministry is working with the Finance Ministry and the Prime Minister’s Office to sort out the problem of availability of finance for the
Rift with Centre doesn’t challenge RBI’s autonomy: Damodaran – The Hindu BusinessLine
Former SEBI Chairman M Damodaran said the Reserve Bank of India (RBI) continues to be a strong institution and its recent differences with the government does not
Rupee may pause temporarily – The Hindu BusinessLine
The Indian rupee continues to retain strength against the US dollar. Indeed, the currency made its best weekly gains since March 2016. The rupee strengthened
Fuzzy forecasts – The Hindu BusinessLine
The Centre should take the emerging bearish forecasts for oil with a pinch of salt An audible sigh of relief has gone around Indian economy
A landmark decision – The Hindu BusinessLine
The NCLAT ruling in the Binani Cement case has set an important precedent for future IBC cases The long drawn battle between Dalmia Bharat group’s
Temporary truce – The Hindu BusinessLine
The Centre has not yielded much on its demands in this patch-up with RBI It is a welcome denouement to the public acrimony between the
Retail race – The Hindu BusinessLine
It is not altogether surprising that Indian banks, after burning their fingers on project loans to some of the largest industrial groups, should turn to
Make RBI more consultative, don’t kill its independence – The Financial Express
Fixing RBI’s governance can’t be divorced from doing the same for the country’s economic governance. Economic Affairs secretary Subhash Garg makes a valid point when,
The billion-dollar question on rupee: Is it going back to 69? – The Financial Express
Rupee has strengthened sharply, gaining more than 5% since the dog days of October. Around mid-August, Trump’s impending sanctions against Iran (amidst his general railing)
Government and RBI: Moving forward – Basic autonomy of RBI does need to be protected – The Financial Express
RBI does too many things, not all of which make sense from the perspective of its role as a central bank. In my last column
NBFC problem is one of insolvency, not liquidity – The Financial Express
Going by the substantial rollovers and new issuances of commercial paper (CP) by NBFCs, in November so far, there seems to be no crisis. The
RBI: Government may push RBI to lift lending curbs on some banks – The Economic Times
By Vrishti Beniwal and Shruti Srivastava The Indian government will push its central bank to ease lending restrictions for some weak banks and review rules
Government authorises PSU bank chiefs to block wilful defaulters’ exit from India – The Economic Times
PSU bank heads can block wilful defaulters’ exit from India now The government has empowered heads of public sector banks to directly request the authorities for issuance
Government may raise PCA issue again if norms not eased by RBI – The Economic Times
The government is likely to raise the issue of relaxation of prompt corrective action (PCA) framework for stressed banks with the Reserve Bank of India again if
Note-ban impact transient; economy now robust: RBI Governor to Parliamentary panel – The Economic Times
The RBI governor appeared before the panel days after the RBI’s face-off with the finance ministry over a range of issues. In an apparent defence
Credit growth to real economy healthy, says RBI – The Economic Times
On liquidity, the government argues implementation of Basel III capital norms for banks, which are lower than the norms prescribed by the central bank. As
Working on ways to help Indian firms become global giants: Niti Aayog VC Rajiv Kumar – The Economic Times
Rajiv Kumar emphasised that India’s large and growing economy should give a strong base for our companies to improve scale and become global. The Niti
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