By Uma Shashikant Slowdown is the word on every lip. Numbers are tumbling out, showing consumption is dropping and businesses are not making fresh investments. While
Day: October 15, 2019
Note ban | Abhijit Banerjee: The economist who warned India of note ban pain–Economic Times
Banerjee and his wife Esther Duflo have jointly authored ‘Poor Economics’ to impress upon the effectiveness of solutions to global poverty using an evidence-based randomized
PSB Bank loans: State-run banks disburse Rs 81,700 crore through ‘loan melas’-Economic Times
The demand in the camps was robust and the secretary said that all the PSBs are maintaining their regulatory capital levels. State-run banks disbursed Rs 81,781
New group insolvency framework in the works – The Economic Times
The working group noted that creditors tend to treat group entities as a single economic entity even when they were lending to distinct entities. A
Government mulls raising Rs 1 lakh default threshold for invoking IBC: Srinivas – The Economic Times
The government is examining suggestion to raise threshold of Rs 1 lakh default to invoke the Insolvency and Bankruptcy Code (IBC) to reduce number of cases in
Exporters draw DRI wrath for alleged GST violations – The Economic Times
The government’s decision to ban onion exports and impose stock limits may have arrested the steep rise in prices of the essential vegetable, but experts feel it’s
Formula on cards to distribute insolvency funds: Corporate Affairs Secy | Business Standard News
In the past three years since the IBC was introduced, 21,000 cases have come for resolution, of which 10,000 have been settled according to government
GST return filing: New formats may stump taxpayers on adjustment entries – The Financial Express
By Surbhi Premi The GST Council in its 27th meeting discussed that the Government is keen to introduce the simplified return design to reduce compliance
Shopmatic: Everyone can sell online on this e-commerce venture – The Financial Express
Shopmatic is a fast-growing e-commerce venture that helps business owners sell their products and services online. From developing a unique web store, to listing businesses
India slipping on global competitiveness index is worrisome – The Financial Express
India sliding 10 places in the global competitive index is a problematic trend, but, as argued by this paper earlier (bit.ly/314xAsb), it is the cost
Group insolvency resolution: UK Sinha-led panel recommends phased implementation of framework – The Hindu BusinessLine
The UK Sinha-led Working Group on Group Insolvency has called for a legal framework to facilitate insolvency resolution and liquidation of companies belonging to a
Bankruptcy should write off all equity–Economic Times
Two retail investors of bankrupt textile firm Alok Industries have reportedly petitioned the National Company Law Appellate Tribunal (NCLAT) opposing its new owner Reliance Industries’
PMC scam: Insure all bank deposits; Deepak Parekh right to flag this issue – The Financial Express
HDFC chairman Deepak Parekh has done well to draw the government’s attention to how “brutally unfair” it is that while tens of thousands of crore