The government may approve setting up a Rs 5,000-crore stressed asset fund for small businesses, as suggested by a Reserve Bank of India committee. But
Day: December 26, 2019
India’s bad loans highest among emerging markets: RBI | Deccan Herald
Indian lenders have the highest percentage of bad loans compared with 10 emerging economies including Brazil, China, Indonesia, Philippines and Turkey, according to and RBI
Niti Aayog member bats for 2 GST slabs | Deccan Herald
Government think-tank Niti Aayog member Ramesh Chand on Wednesday made a case for only two slabs under the goods and service tax regime as against
NCLAT dismisses IT dept plea against Reliance Jio on demerger of tower–Deccan Chronicle
The NCLAT has dismissed petitions filed by the Income Tax Department, which raised objection over the approval granted to Reliance Jio Infocomm scheme to hive
Pay dues immediately, allow to quit without notice period: Air India pilots to Govt–Deccan Chronicle
Flagging concerns over unpaid dues, an Air India pilots’ union has urged the government to allow their members to quit the debt-laden carrier without serving
When duty conflicts with allegiance–Deccan Chronicle
A common thread runs across three apparently different stories that were in the news recently. One of the stories is about the IAS officer Ashok
RBI warns banks over focus on retail loans – The Economic Times
The Reserve Bank of India (RBI) has red-flagged banks’ reliance of retail loans over slowing economic activity and negative consumer sentiment. The banking regulator called for a granular lending strategy
MSMEs: Centre envisions $2 trillion contribution from MSMEs in $5 trillion economy target – The Economic Times
The government on Tuesday said it envisions micro, small and medium enterprises (MSMEs) to contribute $2 trillion to the country’s target of becoming $5 trillion
MSMEs: ETRISE Dialogues: Land unavailability, cost overruns hampering MSMEs growth – The Economic Times
According to Suchita Dutta, Executive Director of Indian Staffing Federation (ISF), today, the industry, across the board, is working with possibly three uniquely placed generations.
Reviving economic growth | Business Standard Editorials
The finance ministry, which is in the process of preparing the Union Budget for the next fiscal year would be well advised to consider some
Does IBC work for financial firms? | Business Standard Column
Dewan Housing Finance Company Ltd. (DHFL) has become the first financial service provider (FSP) to undergo resolution under the new framework for FSPs. Regulated FSPs,
India needs to shift its economic model | Business Standard Column
Instead of debating at length the slowdown, its causes and remedies, we can take another perspective than a simple cyclical crisis in the context of
Insolvent individuals may face ban on holding, running for public office | Business News,The Indian Express
Though IBC provides for the initiation of insolvency proceedings against individuals, it has until now been silent on the process for the same. The Insolvency
Seven Things To Fix The Economy-Ajay Chhibber – BW Businessworld
The financial year 2019-20 will go down as a terrible year in India’s economic trajectory. The drop in India’s growth was so swift, so widespread
GST anti-profiteering watchdog NAA imposes Rs 230 crore fine on J&J–Business Today
The goods and services tax (GST) profiteering watchdog the National Anti-profiteering Authority (NAA) has imposed a penalty of Rs 230 crore on global healthcare major