In a bid to keep out errant promoters and wilful defaulters, Section 29A was introduced in the Insolvency and Bankruptcy Code in 2017. But given
Day: April 19, 2019
IBBI suspends erring insolvency professional for two years – The Hindu BusinessLine
Insolvency regulator IBBI has suspended for two years the registration of Sanjay Kumar Ruia, an insolvency professional. This follows the IBBI’s Disciplinary Committee concluding that
RBI minutes: MPC members divided over interest rate cuts, RBI minutes show – The Economic Times
Weakening of domestic growth impulses and global slowdown prompted RBI Governor Shaktikanta Das to vote for a 25 basis points cut in interest rate announced earlier this
RBI Monetary policy: RBI inflation goals need to be reviewed: PM’s adviser–Economic Times
By Archana Chaudhary India’s new government should review the central bank’s inflation goals, including whether consumer prices or the underlying core measure is the appropriate
Prepare to turn the page on Jet Airways–Economic Times
Shed a tear for Jet Airways, but there is no case for a torrent of sympathy for the airline grounded by protracted mismanagement. The only
jet airways: Jet suitors ask lenders to settle for 80% haircut – The Economic Times
Jet Airways’ temporary shutdown has significantly aggravated problems for the airline with potential investors asking lenders to take an upto-80% haircut on their Rs 8,500-crore
Jet Airways crisis: Why did banks delay work on a solution for so long? – The Financial Express
Jet Airways crisis: Why did banks delay work on a solution for so long? At the risk of sounding harsh, it must be said that
No career growth? Move to Pune for better job prospects; check other best cities to work – The Financial Express
A worrying trend often seen in India is dissatisfaction from the current job due to lack of growth. If you are also one of them,
When you are done with elections, review how RBI sets inflation target, says Modi’s economic advisor – The Financial Express
India’s new government should review the central bank’s inflation goals, including whether consumer prices or the underlying core measure is the appropriate target to use
RBI governor cites weak investment demand as reason for 25bps rate cut – The Financial Express
With the inflation outlook looking benign and headline inflation expected to remain below target in the current year, it becomes necessary to address the challenges
RBI–Rate or stance? | Business Standard Editorials
Reserve Bank of India (RBI) Governor Shaktikanta Das stoked a debate last week when he urged central banks across the world to think “out of
CBDT identifies 20.4 million non-filers, asks I-T dept to take action | Business Standard News
The Central Board of Direct Taxes (CBDT) has directed the Income-Tax Department to initiate penalty proceedings by June 30 against non-filers and ‘drop filers’ of tax returns.
The exports puzzle – The Hindu BusinessLine
It’s a statistical conundrum. Exports in March 2019, at $32.6 billion, were not just up 11 per cent year-on-year, but also capped a 9 per
Jet Airways’ lenders need to clarify why they pulled the plug after taking control of the airline – The Hindu BusinessLine
Even three weeks back, it might have been difficult to anticipate the spectacular unravelling of India’s second-biggest airline, Jet Airways. After all, lender-banks had finally