Pre-deposit demand for arbitration illegal A condition in a notice of tender demanding a pre-deposit of 10 per cent of the claim for invoking arbitration
Month: March 2019
RBI mustn’t dither… – The Hindu BusinessLine
It looks like banks in India can never be out of the news for an extended period of time. The latest news doing the rounds
There are unmistakable signs of economy slowing down: Kaushik Basu – The Hindu BusinessLine
Noted economist and Carl Marks Professor of International Studies at Cornell University, US, Prof Kaushik Basu, expressed disappointment over unemployment data being held back and
$5 bn swap smartest move of RBI gov | Business Standard Column
India’s banking regulator’s decision to hold a $5 billion three-year US$/Indian rupee buy/sell swap auction (on March 26) is driving forward premia down, paring the hedging
धोक्याची घंटा! – महाराष्ट्र टाइम्स
जिथे सामाजिक सौहार्द मोठ्या प्रमाणावर आहे, देशांतर्गत समूहांतील, गटा-तटांतील कलह फारसा नाही, असंतोष कमी आहे, बाह्य संघर्ष नाही, तिथे शांतता अधिक असते. याच निकषांच्या आधारे
सम्राटांचे दारिद्रय़ |लोकसत्ता
अमेरिकेत शैक्षणिक क्षेत्रातील भ्रष्टाचार समोर येताच त्यात गुंतलेल्या मंडळींचे सामाजिक स्थान वगैरे लक्षात न घेता त्यांच्यावर गुन्हे दाखल केले गेले.. माणसे सर्वत्र सारखीच असतात. सुष्ट
Reserve Bank of India backs finance ministry on debt recast plan – The Economic Times
The RBI told the Supreme Court that the inter-creditor agreement (ICA) aimed at helping debt defaulters avoid bankruptcy proceedings requires the approval of 66% of
Essar Steel : NCLAT supports rejection of Ruias’ Essar Steel offer–Economic Times
The National Company Law Appellate Tribunal (NCLAT) told Essar Steel Asia Holdings (ESAH) to withdraw its appeal against the rejection of its Rs 54,389-crore offer for Essar
Shaktikanta Das: No dilution on Feb 12 circular over stressed assets: RBI – The Economic Times
The Reserve Bank of India Saturday maintained that there is no dilution in its stand with regard to February 12 circular on stressed assets recognition and resolution.
Even if critical, govt must make employment data available: Kaushik Basu – The Financial Express
Noted economist Kaushik Basu Saturday urged the government to make available “employment data” even if it is “critical” so that corrective action could be taken.
A China trade deal will be a triumph for Donald Trump | Business Standard Column
Friction between China and the United States dates back even prior to the establishment of the World Trade Organisation (WTO), but President Donald Trump will likely achieve
Companies allowed to pass on volume benefit to consumers for GST cut – The Economic Times
The National Anti-Profiteering Authority (NAA) Friday said companies are free to offer volume benefit or price reduction to consumers, in the wake of rationalisation of GST rates. To evaluate cases of
Anil Ambani’s RCom woes linger: SBI not directed to release tax refunds for repaying Ericsson – The Financial Express
In a fresh setback to Anil Ambani, the NCLAT on Friday refused to direct India’s largest bank SBI to release income tax refund of Rs
Unemployment in India: Energising SMBs can be the answer to the employment problem – The Financial Express
By Ajay Kela Small and medium businesses (SMBs) are critical to every economy. In developing nations, with few conglomerates, SMBs can be the lifeblood of
Why no bankruptcy procedure for bleeding govt-owned enterprises? | Business Standard Column
One of the major reform initiatives of the outgoing government is the introduction of an effective bankruptcy process that—so far—has taken in only the private sector. Why not subject
Realty firms under anti-profiteering lens for not passing GST benefits | Business Standard News
A number of complaints have been filed against real estate companies in the National Anti-Profiteering Authority (NAA) in major cities for not passing on the benefits of the goods and
‘India’s bond market faces worst crisis since Lehman bankruptcy’ – The Hindu BusinessLine
Shashikant Rathi, who has dominated India’s local bond underwriting business for over a decade at Axis Bank, says the industry now faces its biggest challenge
India can’t look for US support and fight a trade war with it – The Financial Express
We were hoping against all hope. The message was loud and clear but we were turning a deaf ear to it. After months of simmering
Brexit’s economic poison will last for years – The Financial Express
Not since the ‘Great Smog’ of 1952 has London been shrouded in such dismal gloom. British politics are in disarray, as lawmakers can’t agree when
The philanthropy mirage | Business Standard Editorials
Wipro founder Azim Premji’s $21-billion bequest to his education-oriented trust has certainly raised the bar as far as Indian philanthropy is concerned. The latest bequest, in
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