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
Month: September 2019
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
***Lenders need to take hair-cut in the NBFC resolution process: RBI Governor – The Hindu BusinessLine
Lenders will need to take a large hair-cut in the resolution of non-banking finance companies (NBFCs) where there are major governance issues, according to Reserve
***Default authentication to get traction as IBBI allows `information utility’ to access MCA-21, CERSAI data – The Hindu BusinessLine
The insolvency regulator’s move could speed up authentication of debtor defaults, admission of cases before NCLT Insolvency regulator IBBI has now taken a crucial step
***NCLAT asks Marg’s promoter to submit revised resolution plan by September 12 – The Hindu BusinessLine
The National Company Law Appellate Tribunal (NCLAT) on Friday directed GRK Reddy, the promoter of Chennai-based infrastructure developer Marg Ltd, to submit a revised resolution
***MSMEs need not use IBC to recover dues – The Hindu BusinessLine–
Taking the route the MSMED Act provides is faster, easier and can be enforced through decree One of the most talked of laws in recent
NPAs may dip a tad to ₹9-lakh cr by FY20-end: Report – The Hindu BusinessLine
Gross bad loans of banks are expected to come down marginally to ₹9.1-lakh crore by the end of the current financial year, according to a
***Poor recoveries under IBC can derail Centre’s ₹70,000-cr recap plan – The Hindu BusinessLine
Barring few cases, large haircuts of 70-90 per cent are continuing to hurt banks While the Centre’s decision to frontload capital infusion of Rs 70,000
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