“No one is a born manager. Managing is a learned skill.” US President Donald Trump‘s go-to-guy on Wall Street for talking to Beijing is known as
Month: October 2019
An appropriate call | Business Standard Editorials
The monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Friday reduced the policy repo rate by 25 basis points (bps), largely in line with expectations,
Resolving stressed financial firms | Business Standard Column
The resolution of stressed financial firms is a key bottleneck in economic policy today. Such resolution is no different from that of non-financial firms when
Indirect tax board removes circular on GST, but confusion remains | Business Standard News
The indirect tax board had removed a “controversial” circular that imposed goods and services tax (GST) on post-sale discounts by dealers, but it has done
Land compensation rule to pharma trademark case, here’re key court orders | Business Standard Column
Land compensation rule unconstitutional The Supreme Court has declared unconstitutional a provision in the National Highways Act (NHA), which discriminated between those whose land was
स्वागतार्ह निकाल! -महाराष्ट्र टाइम्स
स्वागतार्ह निकाल! भारतात कोणताही विकास प्रकल्प उभा राहू लागला की, काहीजणांना त्यामुळे लक्षावधी नागरिकांची होणारी सोय दिसत नाही. त्यांचे कमी होणारे काबाडकष्ट जाणवत नाहीत. त्यांना
PMC Bank: View: The biggest lesson from PMC Bank’s brazen crookery – The Economic Times
MC Bank was, in effect, captured by the Wadhawans and milked dry. When private sector banks were allowed to open in the 1990s, some economists
Financial sector stability & our cook Lilu-tai | Business Standard Column
Last week our cook Lilu-tai asked me whether her money is safe in her bank. She is 75, can barely sign her name. She is
Insolvency Code: How Deloitte is forging ahead – The Hindu BusinessLine
The global professional services firm aspires to emerge as ‘go to’ firm for corporate insolvency Deloitte, a global professional services firm and part of the
Banking Crisis: Is India’s current banking crisis just old wine in a new bottle?–Economic Times
By Taponeel Mukherjee Banking headlines over the last few months have been dominated by a decline in specific bank share prices that have highlighted both
MCA looking to set minimum threshold for homebuyers initiating insolvency – The Economic Times
According to him, innovative ways need to be looked at to ensure that homebuyers do not abuse the insolvency resolution framework. The government is looking
Remove doubts: Judges must give reasons for recusal–Times of India
Before the Supreme Court gave social activist Gautam Navlakha interim protection from arrest till October 15 in the Bhima-Koregaon case, five judges of the apex
Why monetary easing alone is not enough | Business Standard Column
Lowering interest rates is seen a policy device to nudge the economy out of its sluggish growth phase. Introductory macroeconomic theory tells us that lowering
Why ration out rate cuts when slowdown is so sharp? | Business Standard Column
There are two key takeaways from the Indian central bank’s fourth bi-monthly monetary policy. One, the monetary policy making body of the Reserve Bank of India (RBI)
RBI policy: A cut in rate was expected; a cut in GDP growth target was not | Business Standard News
It was widely expected that the Reserve Bank of India (RBI) would cut interest rates on Friday for two reasons. The first is that by now it
NCLAT sets aside insolvency plea of bauxite exporter Ashapura Minechem | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) has set aside an order of the Mumbai NCLT admitting a plea filed by bentonite and bauxite exporter
Central Bank withdraws insolvency application against Aban Offshore | Business Standard News
Central Bank of India one of the lender of offshore drilling contractor Aban Offshore, has withdrawn their insolvency application against the company. The National Company Law Tribunal (NCLT)
A first for PSUs: NHPC acquires Lanco’s Teesta-6 hydro project under IBC – The Financial Express
In a first instance of a state-run company acquiring a stressed asset under the insolvency and bankruptcy code, NHPC on Friday signed an agreement to
RBI cuts rates but makes it clear a revival will take time – The Financial Express
Friday’s cut in the repo rate of 25 basis points, taking it to 5.15%, which is the lowest in nine years, is unlikely to move
Monetary easing is fine, but not enough – The Hindu BusinessLine
Lower rates and fiscal stimulus alone will not spur growth. Structural constraints, economic and financial, need to be addressed With a 25-basis point cut in
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