The country’s turbulent water economy calls for prompt policy attention and sustained follow-through action. New research shows that the largest groundwater depletion in the world
Month: March 2019
Bad assets and bankruptcy code: Lenders recover almost half of Rs 1.43-lakh crore defaulting advances – The Economic Times
Lenders have recovered about half the defaulting advances of Rs 1.43 lakh crore stuck in 82 cases that have been resolved so far in the
Insolvency and Bankruptcy Code: Govt says trustees too can approach IBC against corporate debtors – The Financial Express
The government has allowed trustees, estate administrators, persons authorised by a company’s board of directors etc toinitiate corporate insolvency resolution process (CIRP) against a corporate
NCLT notice to Essar Power on L&T arm’s plea at Ahmedabad bench – The Financial Express
The Ahmedabad bench of National Company Law Tribunal (NCLT) on Tuesday issued a notice to Essar Power after L&T Infrastructure Finance Company approached it to
The job crisis and solutions | Business Standard Column
Whichever way one looks at it, the creation of new jobs has been a problem — not just in India but worldwide over the last
Court refuses bail to those accused of circular trading to evade GST | Business Standard News
A local court in Maharashtra has refused bail to persons accused of evading goods and services tax (GST) by circular trading and claiming input tax credits, and
Govt likely to tweak IBC for cross-border cases, Bill after elections | Business Standard News
The government is planning to promulgate an Ordinance amending the Insolvency and Bankruptcy Code (IBC) and adding a chapter on cross-border insolvency. This would give
Essar Steel’s operational creditors appeal to ArcelorMittal for payment | Business Standard News
A forum of operational creditors with over Rs 1 crore in admitted dues from Essar Steel has appealed to ArcelorMittal which is in the process of acquiring the debt-ridden
Why the economy is lacking josh – The Hindu BusinessLine
After a new round of revisions, the CSO recently declared that India’s GDP growth averaged 7.6 per cent in the last five years, doing much
Last date for GST annual return filing extended – The Hindu BusinessLine
The last date for filing of GST annual return for 2017-18 has been extended to June 30. An official release said trade and industry is
संघर्ष टाळा |अमेरिकेस त्यांच्याच भाषेत उत्तर देण्याची भाषा आत्मसन्माननिदर्शक असेलही. पण ती व्यावहारिक शहाणपणाची नाही..अग्रलेख लोकसत्ता
अमेरिकेकडून भारतावर निर्यात निर्बंध लादले जातील, याचा अंदाज गेले काही महिने होताच. त्याप्रमाणे अध्यक्ष डोनाल्ड ट्रम्प यांच्या वतीने या र्निबधांची घोषणा करण्यात आली. ती हाकेच्या
Youth inactivity highest in India among emerging markets: IMF economist – The Economic Times
Youth inactivity is the highest in India among emerging and developing economies, IMF senior economist John Bluedorn said on Wednesday. Bluedorn was speaking on labour market in
SMEs: New e-commerce framework: A silver lining for SMEs, poses some challenges – The Economic Times
By Nishtha Mehta & Karen Issac In March 2016, the Government of India first permitted 100% Foreign Direct Investment (FDI) under automatic route subject to
Indian exports can thrive sans GSP sops–Economic Times
India can and should take the US move to remove tariff concessions for India under the Generalised System of Preferences (GSP) in its stride. India
SME Corner gets Rs 90 crore in equity, debt – The Economic Times
Mumbai-based digital lending startup SME Corner has raised Rs 90 crore in fresh funding in a mix of debt and equity. While Rs 35 crore of equity
The IL&FS mess | Business Standard Editorials
The new board of Infrastructure Leasing and Financial Services Ltd (IL&FS) has reportedly sent show-cause notices to as many as 14 former directors of IL&FS Financial Services Ltd (IFIN),
Banks want RBI to defer IndAS roll-out over higher loan-loss provisioning | Business Standard News
Banks are seeking an extension for the roll-out of the Indian Accounting Standards (IndAS), set to come into effect from April 1. They have cited
Punjab allows industrial units to choose between Net GST, incentivised SGST | Business Standard News
Punjab cabinet Wednesday approved an amendment to the Punjab Goods & Services Tax Act 2017 to enable industrial units choose between Net GST incentives and incentivised SGST on intra-state sale. The Cabinet meeting
Cash deposit after note ban: CBDT sets deadline for completing assessment of 87,000 non-filers – The Hindu BusinessLine
The Central Board of Direct Taxes (CBDT) has set a deadline of March 31 for completing assessment for 87,000 non-filers who deposited ₹10 lakh or
Resolution of complaints: Insurers ignoring ombudsmen judgments – The Hindu BusinessLine
Insurance companies are ignoring the implementation of judgments given by ombudsmen in resolution of complaints from policyholders. According to insurance ombudsman regulations, it is mandatory
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