India cannot achieve 9-10 per cent GDP growth without revolution in the farm sector, Niti Aayog CEO Amitabh Kant said Monday. Addressing Mahindra Samriddhi Agri awards, he said there is
Month: March 2019
Former IL&FS Financial Service directors say they weren’t told of board’s decisions – The Economic Times
At least two directors of the erstwhile IL&FS Financial Service (IFIN) have said they were kept out of the loop on major decisions taken by
IL&FS case: Reserve Bank moves NCLAT seeking modification in order related to NPAs – The Financial Express
The central bank contended before National Company Law Appellate Tribunal (NCLAT) that it is regulator of banks and it should also be heard in the
Sebi, IBBI ink pact for effective implementation of securities law, IBC – The Financial Express
Markets regulator Sebi Tuesday said it has inked pact with Insolvency and Bankruptcy Board of India to effectively implement securities laws, and Insolvency and Bankruptcy
Boycotting Chinese goods is pie-in-the-sky for now; there is no alternative to imports – The Financial Express
Ever since the Pulwama attack that killed CRPF jawans and the continued Chinese cover for Pakistan—China, once again, thwarted India’s efforts to have Jaish-e-Mohammad chief
What will the rupee do now – Mecklai–The Financial Express
What will the rupee do now Now that the rupee has broken smartly above 69 to the $, the level at which Raghuram Rajan came in as
GST: Builders can pick old or new rates on unfinished projects – The Financial Express
The GST Council on Tuesday allowed builders to choose between the old and new GST regimes for projects that will remain unfinished as on March
Robust expenditure planning important to tackle socio-economic challenges: RBI Governor Shaktikanta Das – The Financial Express
Reserve Bank governor Shaktikanta Das Tuesday underlined the need for sticking to the fiscal roadmap by adopting a commonly agreed expenditure code-based spending plan to
Bhushan Power operational creditors oppose CoC-approved plan – The Financial Express
Bhushan Power operational creditors oppose CoC-approved plan Operational creditors (OCs) to Bhushan Power and Steel (BPSL) on Tuesday raised objections over the committee of creditors
Don’t make it a prestige issue, NCLAT tells RBI over IL&FS NPA rule | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) on Tuesday admitted the Reserve Bank of India’s (RBI’s) plea seeking modification of the February 25 order of
Tragedies of the educated unemployed | Business Standard Column
The unemployment rate among those who had completed graduation or higher education (graduate+) has been rising steadily since mid-2017. During September-December 2018, the unemployment rate
NCLT seeks views on Sterling Biotech promoters’ offer – The Economic Times
The National Company Law Tribunal (NCLT) has directed the government, regulators, and investigation agencies to clear their stand before the dedicated bankruptcy court decides on the legality
Banks finally set to get back Rs 42,000 cr bad debt, as NCLAT OKs ArcelorMittal’s Essar Steel takeover – The Financial Express
The NCLAT refused to put on hold ArcelorMittal’s proposed payment to Essar Steel’s lenders. ArcelorMittal’s Rs 42,000 crore resolution plan for takeover of bankrupt Essar
IBC is masterstroke in curbing bad loans; now iron out these wrinkles – The Financial Express
The banking sector has been reeling under stress for some time now, with non-performing assets (NPAs) steadily climbing, hurting the asset quality of banks. Even
NCLT dismisses Sterling Biotech’s settlement plan approved by financial creditors and proposed by Sandesara brothers – The Financial Express
The NCLT had sent notices to the Ministry of Corporate Affairs, Income Tax office, Enforcement Directorate (ED), SEBI, CBI and RBI for their representations before
Detailed liquidation rules in the works to save viable firms: IBBI chairman | Business Standard News
A detailed framework for sale of a corporate debtor as going concern and sale of business of a corporate debtor as going concern is being
IBC–Companies should not have nine lives – The Hindu BusinessLine
The basic tenets of the IBC are slowly being compromised, to avoid liquidation even when a company is unviable Since its enactment in 2016, the
Deals to rules | The Indian Express
China can teach us a lot about labour markets but not about banking. Their share of bank lending to the private sector has shrunk by
NCLT to Sterling Biotech lenders: How can you accept settlement plan of absconder | Business News, The Indian Express
The Mumbai bench of the National Company Law Tribunal (NCLT) has refused to accept the settlement plan approved by the committee of creditors (CoC) and
131 CAs back Modi govt on economic data, question motives of scholars who criticised it–The Print
Days after 108 economists and social scientists accused the Narendra Modi government of altering or withholding unfavourable economic data, a group of 131 chartered accountants
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