The Supreme Court on Thursday expressed serious concern on mental patients having been chained in Uttar Pradesh’s Badaun district, saying that even a person suffering
Month: January 2019
Parliamentary panel to assess if RBI lacks powers to tackle NPAs–Business Today
The Standing Committee on Finance has asked the Reserve Bank of India and the Centre to form a committee, which will examine the central bank’s alleged lacks
Lack of sufficient funds biggest roadblock for women entrepreneurs: Survey–Business Today
While most home-makers in the country aspire to start a business of their own, lack of financial funding proves to be a major roadblock for
Parliamentary Panel Asks RBI To Ease Bank Capital Requirements – BW Businessworld
A parliamentary panel on Thursday asked the Reserve Bank of India (RBI) to ease its rules on capital requirements for banks so that they can
Ericsson-Anil Ambani dispute: Ericsson seeks jail for RCom chairman Anil Ambani unless dues cleared – The Economic Times
Ambani had given a personal guarantee in the court, backing prompt payment of Rs 550 crore to Ericsson. Telecom equipment maker Ericsson filed its second contempt petition
Essar Steel insolvency case: Creditors knock NCLAT door to expedite – The Economic Times
On October 25, more than 92 per cent of the creditors at Essar Steel voted in favour of a proposal by ArcelorMittal, The committee of
Gujarat Ambuja Exports faces insolvency petition at NCLT – The Economic Times
The case has been being filed by Delta Global Resources, which supplied coal to Gujarat Ambuja, said a company executive. Gujarat Ambuja Exports, a manufacturer of starchNSE
Jet Airways delays loan repayments to banks – The Economic Times
Jet has also proposed to SBI and the lending consortium for liquidity assistance and alternatively to convert its loans to equity. Jet Airways has delayed loan
RCom: Ericsson to again move court against Anil Ambani as RCom fails to pay up–Economic Times
Ericsson is set to file a second contempt of court petition against Reliance Communications’ (RComNSE -2.53 %) chairman Anil Ambani for failing to repay dues on time despite
Rationalise GST on building material–Economic Times
The proposal to bring construction material in the 5% GST slab is commendable. There is a huge infrastructural deficit nationwide, and filling the gap calls
Sec 29 of IBC law: Planned changes to fix grey areas – The Financial Express
The new relaxation will allow bidders to show that, while they are related to defaulters, their businesses are quite distinct. Given how powerful industrialists hoodwinked
RBI–Two steps forward, one back | Business Standard Editorials
The Reserve Bank of India’s (RBI’s) recently released Financial Stability Report (FSR) will have been met with some relieved sighs across the country, given that it seems
NCLAT directs NCLT Bench to speed up Essar Steel hearing – The Hindu BusinessLine
The matter is listed at NCLT Ahmedabad on January 7 for next hearing The National Company Law Appellate Tribunal (NCLAT) has directed the Ahmedabad Bench
FM sees light at end of Essar, Bhushan insolvency tunnel – The Hindu BusinessLine
‘Creditors may realise 70,000 crore by March-end through 12 big-ticket resolutions’ Asserting that the “early harvest” through the Insolvency and Bankruptcy Code (IBC) has been
Unavoidable option – The Hindu BusinessLine
RBI’s lifeline to MSMEs was inevitable given the extraneous events that have landed them in crisis The evergreening of large corporate loans is at the
A fiscally prudent solution to farm loan crisis – The Hindu BusinessLine
While waivers are best avoided, expenditure can be met via callable deep discount bonds and by managing PSU assets better Direct institutional credit extended to
The Insolvency and Bankruptcy Code: Economic growth: One good policy, and a few more to go – The Economic Times
By Taponeel Mukherjee Access to credit, data and transportation are among the most crucial drivers of economic well-being. To ensure better access to critical needs in India,
Slow upward movement in average GST collection puts govt in wait mode – The Economic Times
gst.jpg.webp9.3 KB GST collection dropped to Rs 94,726 crore in December raising worries over government revenues taking a hit and further delaying rationalising of GST slabs.
GST–Traders pitch for simpler GST – The Economic Times
Traders across the country have urged the Centre to simplify the procedures of the Goods and Services Tax (GST) this year to bring small businesses under the indirect tax regime.
Donald Trump: India’s retaliatory tariffs to hit US exports worth USD 900 mn: Congressional report
India’s proposed retaliatory tariffs against US agricultural products including apples, almonds and lentils will have an adverse impact on American exports worth nearly USD 900 million, according
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