By Andy Mukherjee Several theories explain why India’s new central bank governor took his boldest step yet. Little attention has been paid to the consequences.
Month: March 2019
ArcelorMittal: CoC may consider NCLAT plan for Essar’s operational creditors–Economic Times
Bankers are likely to consider a suggestion by the National Company Law Appellate Tribunal to increase the share of operational creditors in the proceeds from
Damned statistics produce bad policy–Economic Times
Ronald Coase, an economics Nobel laureate, quipped, “If you torture data long enough, it’ll confess to anything.” A group of 108 economists have written an
Deutsche bank India: Deutsche Bank is said to set up bad-loan buying unit in India–Economic Times
By Saloni Shukla Deutsche Bank AG is setting up a unit in India to buy and reorganize soured debt as it seeks to profit from an unprecedented bad-loan
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
RBI’s $5 billion swap may be good move; but how will Shaktikanta Das convince US Fed? – The Financial Express
The RBI will buy billion from banks for its reserves by giving them rupees, and reverse the trade in 2022. Several theories explain why India’s
Economy–Slowdown signals | Business Standard Editorials
India’s largest carmaker, Maruti Suzuki, has reportedly cut production by 26.8 per cent in March 2018-19 because of a slowing demand in India’s passenger vehicle
Anaemic exports growth | Business Standard Editorials
According to the trade data released by the Union ministry of commerce on Friday, India’s trade deficit is at the lowest it has been for
In duty drawback, a readymade short-term gain for SMEs: CRISIL | Business Standard News
CRISIL expects the export incentives announced by the government in December 2018 to materially benefit the readymade garments (RMG) segment. In fiscal 2018, the segment housed about 37,400
Housing GST rule must be changed, says West Bengal FM Amit Mitra | Business Standard News
Ahead of the GST Council meeting on Tuesday, West Bengal Finance Minister Amit Mitra has proposed that the new goods and services tax (GST) rate for ongoing residential housing projects be made optional.
IL & FS–Making headway – The Hindu BusinessLine
Seven months after the first IL&FS entity defaulted on its dues and exposed major fault-lines in the functioning of this systemically important NBFC, the resolution
“Up to one-third of existing jobs will be automated in next three yrs” – The Hindu BusinessLine
On the advent of artificial technology and rapid adoption of technology in the country, human resource professionals believe that one-third of existing job roles in
अर्ध्यावर मोडलेला डाव… – |श्री मनोहर पर्रीकर –महाराष्ट्र टाइम्स
अर्ध्यावर मोडलेला डाव… भारतात राजकीय नेत्यांसाठी साठी उलटल्यानंतरचा काळ हा बहुधा अधिक बहराचा असतो. त्या दृष्टीने गोव्याचे मुख्यमंत्री मनोहर गोपाळकृष्ण प्रभू-पर्रीकर हे गोव्याच्या आणि देशाच्या
सहज सज्जन –श्री मनोहर पर्रीकर | लोकसत्ता
वयाने अनेकांपेक्षा कमी असले, तरी मनोहर पर्रिकर यांनी संघ-भाजपच्या जुन्या पिढीचे संस्कारधन टिकविले होते.. गोवा माध्यमांतून दिसतो तसा ख्रिस्तीबहुल नाही, हे पर्रिकरांच्या राजकारणाने दाखवून दिले.
IBC–Parliament Makes The Law, Dear NCLAT
The National Company Law Appellate Tribunal (NCLAT) upheld the law while disallowing Essar’s challenge to the National Company Law Tribunal (NCLT)’s rejection of Essar’s offer
Don’t block data: India’s statistical system has been undermined which will adversely impact policy making–Times of India
Overdue data on jobs might be released by the end of this month. A group of 108 economists and social scientists observed last week that
Why Modinomics won’t draw votes for BJP – The Financial Express
Prime minister Narendra Modi could well lead his party to another win in the 2019 general elections. But if the BJP is back in power, it won’t be because
Brexit in limbo | Business Standard Editorials
As the UK gets ready for yet another vote on Brexit on March 19, the only certainty that can be predicted is more uncertainty. With a mandate
GST on real estate: Transition is key | Business Standard Column
Both consumers and builders were delighted with the reduction in the GST rates announced by the GST Council in a recent meeting. The reductions were quite impressive as the
Is the IBC losing its effectiveness? | Business Standard Column
There is a growing concern that the Insolvency and Bankruptcy Code (IBC) has taken a bit too long in resolving cases of corporate indebtedness — much beyond the stipulated
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