By Arvind Panagariya In what is arguably one of the boldest reforms in the last 20 years, finance minister Nirmala Sitharaman has cut the effective tax rate on corporate
Day: October 16, 2019
Nirmala Sitharaman urges big firms to clear Rs 40,000 crore MSME dues – The Economic Times
Finance minister Nirmala Sitharaman has said banks have sufficient liquidity, and efforts are being made to ensure that large firms clear their dues to the micro, small
SBI chief to ED/CBI:Keep off companies under IBC, go after promoters – The Economic Times
State Bank chairman Rajnish Kumar on Tuesday said the Enforcement Directorate and other central law enforcement agencies should restrict to attaching personal assets while investigating
गरिबी निर्मूलनाचा गौरव – महाराष्ट्र टाइम्स
गरिबी निर्मूलनाचा गौरव गरिबी हा शाप आहे हे खरे; परंतु केवळ तसे म्हटल्याने गरिबी जात नाही. त्यासाठी कार्यक्रम आणि योजना लागतात; तसेच त्या कागदावर न
पुन्हा एकदा भाई-भाई–महाराष्ट्र टाइम्स
पुन्हा एकदा भाई-भाई? भारत आणि चीन यांच्यात १९६२ मध्ये झालेल्या युद्धाच्या आधी ‘हिंदी-चिनी भाई भाई’ ही घोषणा लोकप्रिय होती. भारताला स्वातंत्र्य मिळाल्यानंतर पहिली १५ वर्षे
| चर्चाचऱ्हाटाचा ‘अर्थ’ |लोकसत्ता
आर्थिक भागीदारीसाठी प्रादेशिक सहकार्य.. आरसेप.. परिषदेच्या मंत्रिगणांची परिषद सिंगापूर येथे सुरू होत असताना, क्षी जिनपिंग यांची भारतभेट पुरेशी सूचक आहे.. क्षी जिनपिंग हे वाकडी वाट
Independent Director resignations surge; why there are few takers for this lucrative job – The Financial Express
Independent directors do not have equal chances to discover the frauds, but ironically they are sent notices, hurting their reputation and taking up a lot
State of Indian economy: Q2 GDP could be worse – The Financial Express
The offtake of loans by individuals, too, is slowing because incomes are growing slowly and consumer confidence is low. Given the sluggish loan growth, contracting
A prize for evidence-based policy | Business Standard Editorials
For the second time in five years, the Royal Swedish Academy of Sciences has awarded the Nobel Memorial Prize in Economic Sciences to researchers in
How to fix the PMC Bank crisis | Business Standard Column
Three weeks ago, Punjab & Maharashtra Cooperative Bank (PMC Bank) suddenly collapsed. It has Rs 11,500 crore in deposits from more than 300,000 people and
September exports repeat decline, contract by 6.5% to reach 3-month low | Business Standard News
Exports in September contracted for the third time in the first six months of the current fiscal year, with trade decline plaguing all major foreign
Insolvency Law Committee plans to meet on October 15 to discuss new reforms for IBC – The Hindu BusinessLine
The new resolution mechanism for finance companies may apply only to limited set of entities. Deposit taking and systemically important NBFCs may be kept out
Trade war to cut global growth to lowest since financial crisis a decade ago: IMF – The Economic Times
The US -China trade war will cut 2019 global growth to its slowest pace since the 2008-2009 financial crisis, the International Monetary Fund warned on
Sound thoughts on mortgage securitisation–Economic Times
A recent expert committee report of the Reserve Bank of India (RBI) has, rightly, called for prompt development of securitisation of housing loans for overall
Why India’s financial system keeps lurching from one crisis to another–Times of India
India’s financial system has been a mess for a while. There have been multiple quick fixes and recapitalization of fragile public sector banks, but problems
Systemic reform, not moral suasion–Economic Times
Is moral suasion the best way to solve the problem of large firms forcing their small-scale suppliers to give them free credit, even as the
Insolvency Law Committee plans to meet on October 15 to discuss new reforms for IBC – The Hindu BusinessLine
The new resolution mechanism for finance companies may apply only to limited set of entities. Deposit taking and systemically important NBFCs may be kept out