P.C. Mohanan grew up in a village without electricity, studied statistics at a public university, and then spent more than three decades crunching numbers for
Day: February 5, 2019
Budget 2019: View: Why this Budget is unethical and iniquitous–Economic Times
This is also a hugely unequal budget. This is an election budget that strays far beyond the remit of an interim budget, whose only concession
Moody: Budget gives no clarity on how to improve credit profile: William Foster, Moody’s–Economic Times
We had not expected 3.4% fiscal deficit target in FY20, The original target had been 3.1%. In FY21, the target is 3%. It is going
Insolvency and Bankruptcy Code: Govt submits resolution plan for IL&FS, suggests name of Justice D K Jain to supervise process – The Economic Times
The government Monday submitted the debt resolution plan for crisis-hit IL&FS to the NCLAT and also suggested the name of retired Supreme Court judge Justice D K Jain to
Small Business: Money matters: How to arrange funds for your small business–Economic Times
y Rishi Mehra Money is the most critical element in starting and running a business and an entrepreneur has to find ways to get funding for his small
Telcos seek GST waiver on payments to government, Rs 35K-cr input credit adjustment – The Financial Express
Telecom operators adjust input credit in GST that they collect from customers. Telecom firms, barring Reliance Jio, have asked the government to waive GST on
NCLAT asks govt for list of IL&FS firms categorised by financial position | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) on Monday directed the central government to submit a list of subsidiaries of the Infrastructure Leasing & Financial
Zee group’s Subhash Chandra gives personal guarantee to mutual funds | Business Standard News
Lenders have driven a hard bargain with Subhash Chandra, asking the Zee group chairman to provide a personal guarantee for payment obligations on an “irrevocable and unconditional”
Setback for Tata Steel as NCLAT upholds creditors decision on Bhushan Power | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld the Committee of Creditors’ (CoC) decision to approve JSW Steel Limited’s resolution plan for Bhushan
Ruia, Essar Steel directors move NCLT to quash ArcelorMittal’s takeover bid | Business Standard News
In an attempt to get back into the Essar Steel game, Essar Group director Prashant Ruia has moved a fresh application before the National Company Law Tribunal (NCLT) Ahmedabad
Welfarism and bias | Business Standard Editorials
Two of the major new initiatives in the interim Budget presented last week have met with sharply different reactions even though both were fiscally expansionary
Implementation worries | Business Standard Editorials
In the interim Budget, the government has unveiled two programmes providing economic assistance to the needy sections of society. These include the income support scheme
Govt’s shrinking fiscal space | Business Standard Column
Election year should be a time when we seriously reflect on the medium-term structure of fiscal policy. But election year also involves an interim Budget
NSSO–Satyameva Jayate | Business Standard Column
One response of the government to the post demonetisation jobs challenge was that there was no problem with jobs per se, but the problem was with lack of reliable
CRISIL SME Tracker: A GST leg-up for micro enterprises | Business Standard News
The interim Budget 2019-20 has proposed several measures aimed at micro enterprises, which account for more than 99 per cent of India’s micro, small and
Relief for exporters as Gujarat HC strikes down notification on pre-import riders – The Hindu BusinessLine
Conditions hindered exporters in getting exemption from IGST, compensation cess What could be seen as major relief for the exporters, the Gujarat High Court has
Voters’ dilemma: Populism or inclusive growth? – The Hindu BusinessLine
There has been continuity in reforms under different governments since the early nineties. The Narasimha Rao government initiated liberalising reforms in many dimensions, NDA I
Late reaction – The Hindu BusinessLine
Just when the financial markets were settling down to business-as-usual after the IL&FS crisis, Cobrapost’s sensational ‘expose’ on Dewan Housing Finance Corporation Ltd (DHFL) has
Budget’s how question | The Indian Express
The finance minister began with recounting the major economic achievements and reforms carried out by the government over the last four-and-a-half years. Inflation is controlled,
