Calling it a “delicate year” for the global economy, the International Monetary Fund (IMF), in its ‘World Economic Outlook’, has warned against three key risks — growing
Month: April 2019
Govt throws a spanner in CA Institute’s plans of deferring a key auditing standard by two years – The Hindu BusinessLine
Users of financial statements of listed companies may get more out of auditor reports for 2018-19 onwards. This is because the Corporate Affairs Ministry (MCA)
Lenders having vested interest in debtor shouldn’t be part of creditors’ panel: NCLT – The Hindu BusinessLine
In a judgement of far-reaching implication in the insolvency and resolution process, the National Company Law Tribunal’s (NCLT) Chennai Bench has held that a party
Health of a nation | The Indian Express
UHC has to be cashless at the point of care and health benefits under the programme have to be available for access anywhere in the
IL&FS crisis: Marquee MNC names trapped in IL&FS bond squeeze – The Economic Times
Many of these companies have multiple exposure, for instance, Otis has several entries with different amounts varying from Rs 55 lakh to Rs 1 to
RBI Governor says India’s economy needs to grow even faster – The Economic Times
“Our priority is to remain watchful and take coordinated action to revive growth, and maintain macroeconomic, financial and price stability,” Das said. India’s central bank
RBI rate cut: Who says rate moves need to be 25bps? Not RBI Guv Shaktikanta Das – The Economic Times
By Vrishti Beniwal Reserve Bank of India Governor Shaktikanta Das has an “out of the box” suggestion: central banks need to be more flexible on the size
India to be fastest-growing economy this year despite risks of global slowdown: RBI Governor – The Economic Times
Das called for greater co-operation among emerging market economies on all fronts which will help them be better off in this uncertain environment. India will
P Chidambaram: How Congress manifesto is different from BJP’s Sankalp Patra – The Financial Express
The BJP’s manifesto was released with almost no fanfare on April 8, 2019. The modesty was unnatural for the BJP! The BJP had much to be
India badly needs FDI to boost economic growth – The Financial Express
The biggest challenge probably will be to rejuvenate the farm sector and boost rural incomes. After RBI lowered its growth forecast for 2019-20, the IMF, too, revised
Is India’s unemployment really at a 45-year high? Here’s what data reveals – The Financial Express
Simply put, the PLFS 2017-18 survey is a huge statistical embarrassment and someone should inquire as to how it passed all the statistical checks and
Aggregate MSME lending grew at 19.3% in the past five years: CIBIL report | Business Standard News
PSBs are showing a sustained and significant decline in market share of MSME lending Aggregate micro small and medium enterprise (MSME) lending, for both entities and individuals,
World economic growth to revive later this year: G-20 chiefs – The Hindu BusinessLine
The global economy is likely to pull out of a brief growth slump later this year — with a little help from the world’s central
Vayana: Vayana Network hits $2b in loan disbursals–Economic Times
Vayana Network, which lends to small and medium enterprises, has doubled loan disbursals to $2 billion (Rs 15,000 crore) by end-March, helped by rapid growth in the
MSME: There’s a need to technologically enhance invoice discounting in India
By Nipun Kohli One of the leading impediments to overall health and sustainability of supply chains is the uncertainty in payments. As a consequence, the small-scale
An MSME-focused credit risk database will help both lenders and enterprises – The Financial Express
By Savita Shankar The micro, small, and medium enterprise (MSME) sector is estimated to comprise of over 63 million enterprises and contributes 28.8% to the
RBI Feb 12 circular: Why IBA wants ‘one-day default’ rule scrapped – The Financial Express
By Mitali Salian Banks have suggested the ‘one-day default’ rule be done away with recommending instead they be given 30 days post a default to
Essar Steel insolvency case: SC stops ArcelorMittal’s Rs 42,000 crore payment bid – The Financial Express
The appellate tribunal on March 18 had refused to stay the NCLT’s order approving ArcelorMittal’s bid to take over Essar Steel. The Supreme Court on
RBI should not cut its policy interest rate any further, says IMF | Business Standard News
The Reserve Bank of India (RBI) should not cut its policy interest rate any further, the International Monetary Fund (IMF) has said. It should, instead, keep the
Our bankruptcy code is world-class – The Hindu BusinessLine
The endeavour of every nation is to continuously improve business regulation to make it easier to do business. The World Bank conducts an annual examination