Highlights We need 8% growth rate to be a $5-trillion economy and we are nowhere near it. It is not as if the $5 trillion
Month: September 2019
India GDP Growth: Chetan Bhagat’s 6 doable, practical ways to get to 10% GDP growth
A 10% GDP growth is the right benchmark for the current government, which is stable, not dependent on coalitions and in its second term. After
More MSMEs must get listed to fund growth, says Nitin Gadkari – The Economic Times
Union Minister for Road Transport and Highways Nitin Gadkari on Friday said that more micro, medium and small enterprises (MSMEs) should get listed on the exchanges to
GST: The challenges before India’s largest indirect tax reform – The Economic Times
Bibek Debroy, chairman of the Economic Advisory Council to the Prime Minister, concedes that the GST is still a work-in-progress. Related Sanjay Panjabi’s family has
Ease of doing business: India among 20 most improved countries – The Economic Times
In a boost to Prime Minister Narendra Modi’s ambitious target of India breaking into top 50 nations on the World Bank‘s ease of doing business ranking, the country
PMC’s HDIL loan at Rs 6,500 crore, or 73 percent of total loan book: Ex-MD Thomas in letter to RBI – The Economic Times
The now-suspended managing director of the crisis-hit Punjab and Maharashtra Cooperative Bank (PMC), Joy Thomas, has reportedly admitted to the RBI that the bank’s actual exposure to the bankrupt HDIL
There should be just 3 GST rates: 6, 12 & 18%: Bibek Debroy – The Economic Times
Chairman of the Economic Advisory Council to the Prime Minister Bibek Debroy tells Shantanu Nandan Sharma the goods and services tax (GST) is still a work in
When the Law Itself Hinders Business–Economic Times
One of the remaining obstacles to doing business in India is the tendency for legal delays — there was consensus on the subject at the
In a first, bankrupt Reliance Communications AGM to be chaired by resolution professional on Monday – The Financial Express
According to RCom’s admission, financial creditors have made claims worth Rs 57,382 crore from RCom and its two subsidiaries as of June 16. In what
E-commerce sales depriving govt of GST revenue, traders’ body tells Nirmala Sitharaman; seeks probe – The Financial Express
The letter also drew Nirmala Sitharaman’s attention towards 10 per cent to 80 per cent of ‘deep discounting’ on goods sold on online platforms. Traders’
Financial consultants: Today’s catalyst for SMEs to drive financial management, profitability – The Financial Express
By R Narayan Credit and Finance for MSMEs: One of the biggest challenges any business faces is sustainable growth. The pace of change in today’s economic
Trade War: China to send its top trade negotiator to US for talks – The Financial Express
China’s top trade negotiator will lead an upcoming 13th round of talks aimed at resolving a trade war with the United States, a senior Chinese
Stimulating rural demand | Business Standard Editorials
A good sequel to the recent bold steps to reverse the economic slowdown would be to prop up rural demand for goods and services through a well-judged
From loan recovery to income tax claim, here’re the key court orders | Business Standard Column
The Supreme Court has settled differences among various high courts and declared that the chief judicial magistrate (CJM) is competent to assist the secured creditor
SC blamed for economic slowdown, but it was just upholding the law | Business Standard Column
Senior Advocate Harish Salve’s remarks on economic slowdown due to the Supreme Court seemed puzzling at the outset. Isn’t the highest judiciary of the land a beacon
NCLAT decision on Jet’s CoC meetings a welcome signal to foreign investors | Business Standard Column
The National Company Law Appellate Tribunal’s (NCLAT) decision to allow a Dutch court administrator to participate in the Jet Airways’ committee of creditors (CoC)’s meetings
Why be prejudiced against loan melas? – The Hindu BusinessLine
The institutional reasons for their failure no longer exist. Besides, banks are better at achieving social goals than microfinance Loans and melas are of different genres. While
IBBI Guidelines dated 14th May, 2019–IPs
Click to access IPs%20to%20act%20as%20IRPs%20and%20Liquidators%20%28Recommendation%29%20Guidelines%202019_2019-05-14%2020%3A09%3A47.pdf
Insolvency Professionals may require a ‘certificate of practice’ – The Hindu BusinessLine
Regulator proposes changes to IP regulations Insolvency professionals (IP) may soon have to obtain a ‘certificate of practice’ (CoP) to be able to work as
Montek Singh Ahluwalia on why a $5-trillion economy is a pipe dream – The Economic Times
We need 8% growth rate to be a $5-trillion economy and we are nowhere near it. It is not as if the $5 trillion is
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