By Ari Altstedter In the heart of New Delhi’s largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy.
Day: December 3, 2019
DHFL: NCLT admits RBI plea seeking bankruptcy resolution for DHFL – The Economic Times
The Mumbai bench of the National Company Law Tribunal on Monday admitted an RBI petition seeking bankruptcy proceedings to resolve the mortgage player Dewan Housing Finance (DHFLNSE -4.82 %).
SC asks Amrapali buyers to pay outstanding amounts by January 31 – The Economic Times
The Supreme Court on Monday directed thousands of Amrapali home buyers to pay outstanding amounts by January 31 either in installments or at one go for speedy completion of
Government aims to generate additional 5 crore job opportunities in MSMEs sector – The Economic Times
Micro, small and medium enterprises (MSMEs) have created 11 crore jobs and the target is to generate an additional 5 crore employment opportunities by 2024, Union Minister Nitin
A GST Revamp to Make it More Effective–Economic Times
Almost two and a half years after its rollout, the goods and services tax (GST) regime remains very much a work-in-progress, notwithstanding the uptick in
Fast and Loose Do Not Gel With Bullet Trains–Economic Times
Chief minister Uddhav Thackeray would do himself, his state and the nation a massive disservice, if he were to cancel major economic projects merely because
In talks with SBI to jointly run e-commerce portal for MSMEs: Nitin Gadkari – The Economic Times
The government is in talks with the country’s largest public sector lender State Bank of India (SBI) to jointly run an e-commerce portal for marketing of products
Govt purchases from MSMEs exceed minimum procurement limit again; here’s how many businesses benefitted – The Financial Express
Central Public Sector Enterprises (CPSE) have exceeded the minimum procurement threshold of 25 per cent goods and services from micro and small enterprises (MSE) under
The road ahead: Government must fix the financial sector to reverse economic decline–Times of India
India’s gross domestic product in the July-September quarter grew 4.5%, the slowest pace of quarterly growth since the beginning of 2013. This was the sixth
Markets at a high, economy at a low | Business Standard Column
Whenever I meet people involved with the real economy, they simply cannot understand how markets can be hitting new highs, when the economy is in
The third quarter could be worse | Business Standard Column
A large number of lead indicators tell us that the Indian economy is sinking further into mire. The fall in real GDP in the quarter
Govt blocks GST e-way bill generation; move may impact 300,000 firms | Business Standard News
Businesses of roughly 300,000 firms paying goods and services tax (GST) were likely impacted on Monday, as the government had blocked e-way bill generation for