Assuring that large-scale financial fraud, such as cheating of homebuyers in the Amrapali case, will not happen in the real estate sector in future, the Centre told the Supreme Court on Thursday that a
Day: September 23, 2019
Thomas Cook collapse: Bailout fails, tourists stranded – The Hindu BusinessLine
British government said it would work to return all those booked to come back to the UK over the next two weeks free of cost
***Personal insolvency regulation in phases, indemnity to successful bidder under IBC: Sitharaman – Times of India
Extending indemnity to successful bidders of loan defaulting companies, finance minister Nirmala Sitharaman on Monday said the government will not launch any criminal proceedings against those who buy
Houston rally of Modi and Trump signals areas of strategic convergence–Times of India
The extraordinary rally yesterday in Houston, US, which was addressed by both Prime Minister Narendra Modi and US President Donald Trump, signalled the path ahead
Booster shot: Corporate tax is cut; now cut personal taxes–Times of India
The headline corporate tax rate was cut yesterday through an ordinance by eight percentage points, to 22%. It’s a bold step that seeks to unleash
Find ways to make amended Motor Vehicles Act work–Times of India
The Gujarat government move to reduce fines by 25-90% on 17 traffic offences under the amended Motor Vehicles Act opens the floodgates for similar actions
Enforcement is key: Intent of Motor Vehicles Act changes is good, but Gujarat shows that it needs finessing–Times of India
Into the second week of the amendments to Motor Vehicles Act kicking in, the step to sharply increase fines for violations remains controversial. Gujarat this
Why Thomas Cook’s collapse might affect India’s business | Indian Express
Thomas Cook (India) Ltd has distanced itself from the fracas and said that it is a “completely different entity” and that it “only share(s) a
How the Corporate tax cut and GST cuts will impact the economy | The Indian Express
On Friday, Finance Minister Nirmala Sitharaman made two important announcements- one that corporate tax rates would be slashed and the second, GST rates for certain
Explained: India’s GDP at a 6 year low and bank mergers | The Indian Express
Explained: India’s GDP at a 6 year low and bank mergers Weak manufacturing and consumption numbers dragged the country’s GDP growth to a six year
In one year, PM-JAY has created a framework for comprehensive universal healthcare | The Indian Express
Nine year-old Shiv, suffering from a leaky heart valve, sobbed as his despondent father took him back home after being told by the doctor in
High growth cannot be sustained till India makes adequate investments in infrastructure | The Indian Express
NSS employment data shows that the shares of agriculture, industry and services in total employment were 44 per cent, 25 per cent and 31 per
The government’s corporate tax move is bold. But there is a fiscal risk | Opinion | analysis | Hindustan Times
The success of the move depends on the government’s approach to tax administration; its management of public finances; the other steps it takes to address
Economy–India Today
We have made a start. Even diehard optimists, till recently in denial of the sobering reality of an economic slowdown, have seen it writ large
Economy doesn’t need fiscal stimulus to tackle slowdown: CEA – Business News–India Today
Chief Economic Advisor (CEA) K. Subramanian on Thursday said the Indian economy does not need a fiscal stimulus to tackle the ongoing economic slowdown. Speaking
From policy paralysis to economic paralysis? Modi govt is decisive but… – News Analysis News
Policy paralysis was the often-used catchphrase to describe governance of the Manmohan Singh government in its latter half. After the launch of MNREGA and announcing
India will achieve 8% plus growth from FY 2020-2021 onwards: NITI Aayog Vice Chairman – Business News
NITI Aayog Vice-Chairman Rajiv Kumar has voiced confidence that India will achieve economic growth of 8 per cent plus from fiscal year 2020-2021 onwards as
***Financial services providers likely to be brought under insolvency code ambit – NEWS – The Hindu BusinessLine
MCA in talks with the Reserve Bank to devise separate framework to bring NBFCs under the insolvency process The Centre is exploring the possibility of
***Adani Ports now on course to buy Dighi Port – The Hindu BusinessLine
Lenders’ panel clears APSEZ bid In a U-turn, the Committee of Creditors (CoC) led by Bank of India has backed the resolution plan placed by
Tackling NPAs calls for a shift in strategy – The Hindu BusinessLine
Before considerations of provisioning, problem loans need to be identified by using transparent, meaningful criteria Compared with the present, a larger number of bad loans
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