It is going to be 17 months since Reserve Bank of India (RBI) had first asked the banks to take the 12 big loan defaulters
Month: December 2018
‘IBC segregates judicial, commercial aspects of insolvency’
The Insolvency and Bankruptcy Code has segregated judicial and commercial aspects of the insolvency process whereby stakeholders have the right to decide on what suits them, IBBI
DeMo: govt can’t hide truth anymore | Deccan Herald
When the government withdraws a report it had submitted to a parliamentary panel and replaces it with another report that directly contradicts the first one,
GDP back series row: ET Exclusive: MoSPI, NITI Aayog’s collaboration for GDP back series not inappropriate, says Rajiv Kumar – The Economic Times
By Rajiv Kumar The base year of national accounts statistics (NAS) is periodically revised to account for the structural changes that have taken place in the economy
Black Money: Demonetisation was ineffective in checking black money: Former CEC OP Rawat
After former Chief Economic Advisor Arvind Subramanian’s comments on demonetisation, now recently-retired Chief Election Commissioner Om Prakash Rawat has said that note ban was ineffective in checking
IK&FS crisis: NCLT asks former directors of IL&FS to disclose assets – The Economic Times
The National Companies Law Tribunal today passed an interim order asking nine directors of debt ridden Infrastructure Leasing & Financial Services (IL&FS) including Ravi Parthasarathy and Hari Sankaran, Arun
GST: Modi government to change customs duty architecture to boost trade, ease of doing business
After rolling out the most comprehensive indirect tax reform – the goods and services tax – the Narendra Modi-led NDA government is set to unleash the next
Government clears Rs 91,149 crore GST refunds to exporters so far; Rs 6,053 crore still pending – The Economic Times
The finance ministry Monday said Rs 91,149 crore has been issued so far to exporters as GST refunds, which are 93.77 per cent of total claims with the tax
CAD may widen to 3% in September quarter on higher crude prices, gold imports: ICRA – The Economic Times
India’s current account deficit is likely to rise to 3 per cent of GDP in the July-September quarter of current fiscal, from 2.4 per cent
MSE: Three years on, bank credit to MSEs continue to shrink
The share of bank credit to micro and small enterprises (MSEs) has been shrinking since three years — from 5.9% in October 2015 to 4.5%
Beyond a rate cut | Business Standard Editorials
As the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) began its three-day review of the monetary policy on Monday, it must be grappling with a dramatically
Potential unemployment rate 8.9% in November 2018 | Business Standard Column
Labour market metrics improved a tad in November 2018 compared to their levels in October 2018. But, in essence they remain dismal. The unemployment rate was lower
G20 avoids commitment on free trade – a climb-down from 2017 | Business Standard News
The G20 meeting that concluded over the weekend was significant as it elicited hopes of a resolution of the ongoing and intensifying US-Sino trade war, which in
Is the RBI over capitalised? Only if you compare apples with oranges | Business Standard News
ccording to the official press release of the Reserve Bank of India (RBI), the Central Board of the RBI, at its meeting held in Mumbai on 19
Govt plans linking e-way bill with FASTag, logistics data bank to check GST evasion – The Hindu BusinessLine
The Revenue Department is planning to integrate e-way bill with NHAI’s FASTag mechanism and DMICDC’s Logistics Data Bank (LDB) services, to facilitate faster movement of
Growth conundrum – The Hindu BusinessLine
Private consumption seems to be slowing just as investments are picking up India’s latest GDP print pegging growth at 7.1 per cent for the second
All you wanted to know about PCA – The Hindu BusinessLine
If you had just got a handle on the NPA animal after all the noise around it in the last two or three years, the
What’s keeping the farm sector grounded – The Hindu BusinessLine
It is hit by poor implementation of policies, lack of a holistic approach, and limited understanding of issues facing the sector The government is under
Trouble ahead: Rural demand set to shrink – The Financial Express
In case of pulses, overproduction in the last few years has actually led to high levels of stocks being created. A theme which is played
We felt then-CJI was being remote-controlled: Justice Kurian Joseph | India News – Times of India
In a stunning claim, retired Supreme Court judge Kurian Joseph said he and three other most senior SC judges held their much-discussed press conference on January 12
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