High-profile cases lined up for 2019 include Essar Steel and Bhushan Power & Steel. Tasked with a key job of helping recover unpaid corporate loans,
Day: December 26, 2018
Taxman shows up at startup valuers’ doors – The Economic Times
Even as the Centre seeks to pacify India’s startup ecosystem on the so-called angel tax, chartered accountants and industry experts have come under the taxman’s lens for the methodology
Crude oil: Oil plunges 6% as economic slowdown fears grip market – The Economic Times
Oil prices plunged more than 6 per cent to the lowest level in more than a year on Monday, pulling back sharply late in the
‘I am all alone in WH’, says Trump as partial government shutdown enters third day – The Economic Times
Despite the shutdown, military personnel were on the operation, as were reportedly some 1,500 people who volunteer each year. Bored at the White House on Christmas Eve,
A shiny new start for Indian steel–Economic Times
Resolution of stressed bank assets under the Insolvency and Bankruptcy Code (IBC) has led to solid transformation in steel. Domestic steel majors have bid aggressively
View: Modinomics won’t bring in achhe din in the short term – The Economic Times
by R Jagannathan The term achhe din may mean many things to many people. But in mass electoral terms, it ought to mean two simple
NTPC for single window registration for MSEs – The Economic Times
Buoyed by over 36 per cent of its procurement from micro and small enterprises (MSEs), power giant NTPC has pitched for their universal registration for supplies to all CPSUs
Inheritance tax has spurred large endowments to hospitals, universities in the West, says Arun Jaitley – The Financial Express
“Once they are successful in life, they keep supporting the institutions with those endowments. Some IITs have started that experiment now in India. But still
Tight scrutiny: RBI cancels registration of 1,300 NBFCs in H1FY19 – The Financial Express
The spurt in action against errant NBFCs this fiscal suggests a heightened scrutiny of non-bank lenders around the time the Infrastructure Leasing & Finance (IL&FS)
Supply to duty-free shops liable to GST, rules high court – The Financial Express
Earlier this year, the AAR in Delhi had ruled that a retailer at the Delhi’s international airport will have to pay applicable GST on sales.
Monetary policy in 2018: Targeting inflation in uncertain times wasn’t easy – The Financial Express
This was because headline inflation, pulled down by sharp undershooting of food price inflation, masked adverse movements in the underlying trends of other key elements
Farm loan waivers: Double-edged sword for banks & farmers – The Financial Express
By Kushankur Dey Farm loan waivers amounting to more than Rs 85,000 crore in the two consecutive financial years (2017-18 and 2018-19) announced by various
Bank bailout – The Hindu BusinessLine
It is short-sighted to prioritise PCA banks in the recapitalisation exercise The Centre’s decision to peg up its recapitalisation package for Public Sector Banks (PSBs)
Hurtling towards a Big Brother State – The Hindu BusinessLine
A snooping State can go totalitarian unless there are strict guidelines on the process and purpose of data gathering So it is now official: the
All eyes on Trump’s whims and fancies – The Hindu BusinessLine
What strategic moves would Adolf Hitler have made if the atomic bomb had been invented in the early 1930s? Would he have risked nuclear annihilation
How the growth of self-employed entrepreneurs is a bitter-sweet success | Business Standard Column
Prime Minister Narendra Modi has often emphasised the importance of entrepreneurship. Entrepreneurs do not make a claim on a job available in the labour market but, they provide jobs to others
Do we really need dual-class shares? | Business Standard Column
Every once in a while an idea takes hold which is supposed to be the panacea for a specific problem plaguing the local equity markets. Share buy-backs
Course correction? on GST decisions – The Hindu
Under attack on how the indirect tax regime has panned out, the Goods and Services Tax Council on Saturday announced a set of feel-good moves
Capital idea? on banks recapitalisation plan – The Hindu
With just months to go for the general election, the government looks all set to open the credit taps of the economy. The Centre has
Saving the ‘suited-booted’–Deccan Chronicle
The government’s plan to infuse Rs 83,000 crore into the public sector banks that are under the scrutiny of the Reserve Bank of India’s Prompt
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