State governments will likely face difficulties in reducing deficits as economic growth slows and infrastructure spending continues, according to a report by credit ratings agency Moody’s.
Day: November 28, 2019
BPO firms left in the lurch over input tax refund – The Economic Times
India’s business process outsourcing industry is in a quandary as refunds of taxes paid on inputs remain stalled for want of a clear directive from
Karvy Stock broking: Karvy scandal appears to have been almost too easy to pull off – The Economic Times
By Dhirendra Kumar Stock investors are in a tizzy because of the Karvy scandal. Equity investing in India is difficult enough without worrying about whether the
Law firms are laughing all the way to the bank amid swelling IBC, GST cases–Economic Times
There seems no slowdown in the business of law as the country’s legal sector has increased its fee income by more than 62% in two years at
Pharma Inc agrees to cap margins on non-price control drugs at 30% – The Economic Times
The domestic drug industry and trade have agreed to the government’s proposal to cap trade margins for all medicines outside price control at 30%, a
FASTag | Electronic Toll Collection: FASTag mandatory for all vehicles from Dec 1: Here’s how to buy, activate it | Whats is FASTag? All about it
FASTags a must for all vehicles from Dec 1. Here’s how to get one Nitin Gadkari, the Road Transport and Highways Minister, has announced that
FM Nirmala Sitharaman tells key reason which led to GDP growth fall; rules out recession – The Financial Express
The lagged effect of the twin balance sheet crisis faced by banks led to a fall in GDP in the last two financial years, finance
Jai Balaji Industries: Omkara ARC rejigs debt bought from banks – The Financial Express
After Edelweiss ARC acquired over 12% stake in Jai Balaji Industries, which escaped an insolvency proceeding, as a process of restructuring a part of the beleaguered
Bank fraud: ED attaches Rs 5-cr assets of Rajasthan gems exporting firm, promoters – The Financial Express
The ED has attached assets worth over Rs 5 crore in connection with an alleged bank loan fraud and money laundering probe against a Rajasthan-based
Opposition parties attack Centre in debate on economic slowdown – The Financial Express
The Rajya Sabha on Wednesday witnessed a heated debate on the current economic scenario with opposition parties taking on the government on a range of
Relief to firms! SC strikes down ‘automatic stay’ for arbitral awards – The Financial Express
A Bench led by Justice RF Nariman while striking down Section 87, as inserted by the 2019 Amendment Act, said that the provision was “manifestly
Chandra’s exit from Zee is an example of how to handle crisis with dignity | Business Standard News
The ‘so sad’, ‘end of an era’ commentary around Subhash Chandra’s resignation as Zee chairman is misplaced. What makes the 69-year-old Chandra a good entrepreneur — his
Electoral bonds: FinMin knew serial number could reveal donor’s identity | Business Standard News
The finance ministry was initially reluctant to put up serial numbers on electoral bonds, saying they had the potential to reveal the identity of the donors, but
The Mudra problem | Business Standard Editorials
On Tuesday, Reserve Bank of India Deputy Governor M K Jain highlighted a dangerous trend: The rising levels of bad debt in the small-scale loans being handed out under the government’s
