Crippled mortgage lender DHFLNSE 4.96 %, whose management has been taken over by the RBI, on Friday informed stock exchanges that it will not be able to
Month: November 2019
GST filings rise 8.2% to 64.8 lakh in November – The Economic Times
The Central Board of Indirect Taxes & Customs (CBIC) on Thursday said the filing of GSTR-3B returns shot up by 50% on Wednesday, the deadline for filing returns,
Crisis as opportunity for the bond market–Economic Times
Overseas banks show appetite for bonds issued by troubled non-banking financial companies (NBFCs), which are now rated at less than investment grade. This piece of
NK Singh blasts frequent tinkering with GST rates | Deccan Herald
Fifteenth finance commission chairman NK Singh on Friday called for major changes in the GST structure, including reducing the cumbersome compliance procedures and also doing
Global bond market looks to Modi for greater access to India–The Print
Mumbai: International investors are calling on India to throw open the doors to its sovereign bond market with the promise of more capital to finance its
MSME sector crucial to make India $5 trillion economy: Sarbananada Sonowal – The Financial Express
Assam Chief Minister Sarbananada Sonowal on Friday said the Micro, Small and Medium Enterprises (MSME) sector has a crucial role to play in making India
Wealth managers, merchant bankers may come under IBC – Times of India
Highlights Officials said there would be 30-40 categories of financial intermediaries who would come under the scope of the law after the government extended it
NPA norms may be tougher than Basel’s: RBI deputy governor N S Vishwanathan | Business Standard News
The Reserve Bank of India (RBI) is working on a corporate governance structure for banks in line with Basel norms, but the Indian version would likely be
$5-trillion GDP needs 12.4% nominal growth a year, says NITI Aayog | Business Standard News
Gross domestic product (GDP) in India at current prices needs to grow by 12.4 per cent annually over the next five years for the country to
Top 5 payment challenges faced by SMEs, the growth engines of Indian economy–Business Today
SMEs are the backbone of the Indian economy, and key contributors to the $5 trillion Indian economy target. Unprecedented action-oriented focus on the issues faced
Essar Steel verdict: How the SC ruling is a game-changer for future bankruptcy cases in India–Business Today
More than 46 years back in 1973, a 13 judge Supreme Court bench asserted a doctrine that the Indian Constitution possesses a basic structure of
India becoming $5 trillion economy by 2025 ‘simply out of question’: Ex-RBI Governor C Rangarajan | Business News, The Indian Express
Claiming that India will need another 22 years of sustained growth to become a “developed country,” former Reserve Bank of India (RBI) governor C Rangarajan
$5-trillion GDP target simply out of question: Former RBI Governor C Rangarajan – The Economic Times
Stating that the economy is in bad shape, former Reserve Bank governor C Rangarajan has said at the current growth rate, reaching the USD 5-trillion GDP target
dewan housing finance: View: Haircuts for Indian finance — bald or bold? Signs from the DHFL case – The Economic Times
By Andy Mukherjee India is trying something new. After watching the shadow banking industry collapse in slow motion for more than a year, authorities have
Jaypee Infra: Voting on resolution plans likely December 8-11 – The Economic Times
The Committee of Creditors (CoC) of the Jaypee InfratechNSE -4.17 % (JIL) have planned to start the voting process on the resolution plans for the bankrupt company
How to help small businesses – The Economic Times
By Ritesh Kumar Singh Smaller business entities are often associated with the informal sector and widely believed to dodge taxes and bypass tough labour regulations. However, an
साखरेची दुहेरी कोंडी –महाराष्ट्र टाइम्स
साखरेची दुहेरी कोंडी आधी कोरड्या आणि आता ओल्या दुष्काळाच्या छायेत अडकलेल्या ऊसउत्पादकांमागचा अडचणींचा फेरा काही हटायला तयार नाही. राज्यात सरकारच जागेवर नसल्याने आणि सत्तेचा खेळ
Centre must devise mechanism for GST compensation, says WB finance minister – The Financial Express
West Bengal finance minister Amit Mitra on Thursday said that it was for the Central government to devise a mechanism for payment of compensation to
What a jump! Massive 1500% rise in number of registered MSMEs under Narendra Modi’s govt – The Financial Express
Ease of Doing Business for MSMEs: Udyog Aadhaar scheme launched in September 2015 for MSME registration has so far brought more than 80 lakh MSMEs under
Small businesses’ new weapon against big firms: IBC gives MSMEs this power to collect dues – The Financial Express
Credit and Finance for MSMEs: To help MSMEs tide over their problem of delayed payments by large businesses, the Insolvency and Bankruptcy Board of India (IBBI)