The lenders to Jet Airways are yet to come to an agreement on firming up a rescue package for the airline, which is left with a skeleton
Month: March 2019
“Govt should not treat RBI at par with other departments under its control” – The Hindu BusinessLine
At a time when the Reserve Bank of India (RBI) is in loggerheads with the Centre over issues ranging from interest rate cuts to autonomy
Good going! Forex reserves up by $3.6 billion to $405.6 billion – The Financial Express
India’s foreign exchange reserves increased by $3.6 billion to $405.64 billion as on March 15, data from the Reserve Bank of India (RBI) showed. In
Cheaper loans? RBI may effect 25 basis point cuts in April, June/August – The Financial Express
By Indranil Sen Gupta & Aastha Gudwani The standing call for a RBI OMO calendar for June stands. However, the money market will still be in slight deficit/neutral
Crisis-hit Jet Airways’ lenders struggle for consensus on revival plan | Business Standard News
The lenders to Jet Airways are yet to come to an agreement on firming up a rescue package for the airline, which is left with a skeleton
Pay up, make peace: Promoters make one-time settlements with banks on loans | Business Standard News
With rising litigation over insolvency cases, banks are increasingly opting for loan settlement offers from defaulting firms under Section 12A of the Insolvency and Bankruptcy
RBI defers launch of IndAs again, awaits amendments to the banking laws | Business Standard News
The Reserve Bank of India (RBI) has postponed roll out of the new accounting standards (IndAS) for the second time. It is awaiting amendments to the banking laws before
EPFO payroll data: 8.96 lakh jobs created in Jan, 76.48 lakh in last 17 months: EPFO payroll data – The Economic Times
Net employment generation in the formal sector touched a 17-month high of 8.96 lakh in January, according to the latest EPFO payroll data. The EPFO has been releasing payroll
HDFC Bank warns about this fraud; Know how to keep your money safe – The Financial Express
Online frauds such as cyber threat, internet crime and hacks have also increased, with the increased adaption of technology. Leading banks like the State Bank
India needs more reforms to remain the fastest-growing large economy: IMF | Business Standard News
GDP growth India has been one of the fastest growing large economies in the world, the International Monetary Fund (IMF) has said, asserting that the country has
Over 1 million sign petition to reverse Brexit as Theresa May seeks delay – The Economic Times
LONDON: An online petition seeking to reverse Brexit hit the 1-million mark on Thursday after a flurry of signatures following British Prime Minister Theresa May‘s latest intervention announcing
RBI’s bond buys in current fiscal year can be inflationary, say economists | Business Standard News
The Reserve Bank of India (RBI) now holds bonds worth Rs 9.08 trillion, much higher than its pre-demonetisation level of Rs 7.5 trillion, thanks to record open market
Bank employees oppose lenders’ plan to take control of ailing Jet Airways | Business Standard News
Bank employees on Thursday opposed the move by a consortium of lenders, led by State Bank of India (SBI), to take control of cash-strapped Jet Airways and infuse additional Rs
GST Council’s plan for real estate sector may not find many takers | Business Standard News
Many claim that by giving the option to choose from the rates, the Centre has side-stepped from its responsibility, and the move would make the
A swap in time –RBI Move| Business Standard Editorials
The Reserve Bank of India’s (RBI’s) move to provide a swap facility of $5 billion to banks will provide liquidity to them without causing any
Jet’s new flight path | Business Standard Editorials
Lenders to Jet Airways have finally decided to act tough by asking promoter Naresh Goyal and three of his nominees to step down from the
जीसटी –धोरणात्मक गोंधळ -महाराष्ट्र टाइम्स
लोकांचे समाधान करता येत नसेल, त्यांच्या प्रश्नांची उत्तरे देता येत नसतील तर गोंधळाची स्थिती निर्माण करायची आणि आपण घेतलेल्या उलटसुलट निर्णयातच लोकांचे हित आहे, असा
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विदर्भ, मराठवाडा, उत्तर महाराष्ट्र, सोलापूरसारखा जिल्हा यांचे हाल येत्या काही दिवसांत वाढत जातील.. गेल्या वर्षी परतीचा पाऊस सुरू झाल्यापासूनच खरे तर पाण्याची टंचाई भासू लागली
SBI asks Goyal, 3 others to step down from Jet board – The Economic Times
State Bank of India asked Jet AirwaysNSE -4.67 % chairman Naresh Goyal and three fellow directors to step down from the board of the airline as it edged closer
UK facing ‘national emergency’ on Brexit: Business, unions – The Economic Times
Britain faces a “national emergency” as the risk of a no-deal Brexit rises, business and union leaders warned in an open letter to embattled Prime Minister Theresa May.
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