The central board of the Reserve Bank of India (RBI) is expected to raise the deposit insurance limit from Rs 1 lakh to Rs 5 lakh. This
Month: November 2019
The jobs crisis worsens | Business Standard Column
India’s large and growing working age population, currently numbering close to a billion, is her greatest potential resource for rapid and sustained economic development. Sixteen
Biggest drop in power demand makes Indian banks’ bad debt headache worse | Business Standard News
The biggest drop in India’s electricity demand in at least 12 years is hindering efforts of Indian lenders to recover a pile of loans to power producers
Justice Bobde has his task cut out for him | Deccan Herald
As Justice Sharad Arvind Bobde takes over as the 47th Chief Justice of India, his short term of 18 months is strewn with challenges. While
Bid goodbye to anti-profiteering provisions under GST | Deccan Herald
During the first 18 months after GST was implemented in India, taxpayers used to wait for the monthly GST Council meetings since there were many
Niti Aayog looking at providing middle class with health cover | India News – Times of India
Highlights Government think tank NITI Aayog has suggested “consolidation” of healthcare services and providers to reduce health expenditure and improve access In a new report
Common sense wins in Essar Steel bankruptcy case, eases private equity fears–The Print
Two- and-a-half years after the Indian central bank took the highly unusual step of directing banks to put 12 large corporate debtors into bankruptcy, the
With the economic centre of gravity shifting to states, India’s growth hinges on cooperative federalism. | The Indian Express
India’s prospects, including our aspiration for a -trillion economy, depend on the Centre and the states working together. In the World Bank’s Ease of Doing
Selling your property but don’t want to invest in another? Here’s how you can reduce LTCG outgo–Business Today
One can choose the bond route provided under section 54EC of the Income Tax Act Property is one of the most valuable assets one may
Hotel liable for vehicle theft from parking: SC – The Economic Times
Highlights The bench said when the hotel actively undertakes to park the vehicle for the owner, keep it in safe custody and return it upon
People from many industries are coming to us and saying they are out of distress: Nirmala Sitharaman – The Economic Times
The government’s measures are beginning to show results, finance minister Nirmala Sitharaman tells Sidhartha, Surojit Gupta & Rajeev Deshpande in an exclusive interview. Bank balance sheets are
Greater private sector innovation, digital tools key to quality healthcare services in India at low cost: Bill Gates – The Economic Times
Gates said the efforts of the foundation has been to use digital tools and dashboards in a better way so that performance in implementation of
View: Supreme Court should not only be impartial but seen to be so – The Economic Times
Those sceptical of judicial impartiality should remember that SC intervened in April 2017 (under Modi’s rule) to revive CBI charges against top BJP leaders of
Guiltless, giant, collective roadkill–Economic Times
India continues to lead the global league table on road accidents and fatalities — with 1.51lakh deaths and 4.67 lakh accidents in 2018. This is
Welcome path to NBFC resolution–Economic Times
Avoid in the law that till now offered no resolution path for troubled non-banking finance companies (NBFCs) which are unable to service their debts has
Debt Recovery Tribunal stops DHFL from making payments – The Economic Times
The Pune bench of the Debt Recovery Tribunal (DRT) has stopped DHFLNSE -4.92 % from making any further payments to any of its unsecured creditors, passing an order on
Jaypee Infra insolvency: NBCC sweetens bid by offering more land & benami flats to lenders – The Financial Express
State-owned NBCC Ltd on Sunday sweetened its bid to acquire bankruptcy-bound Jaypee Infratech, by offering lenders 1,426-acre land instead of 950 acres earlier and also
All you wanted to know about banking frauds | Business Standard Column
Many of us have seen different versions of a funny television ad promoting men’s deodorant brand Fogg. The settings of the ad vary from a
RBI turns down banks’ plea to relax June 7 circular on stressed assets | Business Standard News
With no resolution in sight for nearly Rs 3 trillion of stressed assets, banks seem to be reaching a dead end with respect to the
What should monetary policy do? | Business Standard Column
From the viewpoint of the accountability of the Reserve Bank of India (RBI) to Parliament and the public, it makes sense to focus on year-on-year
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