By Suvashree Ghosh Creditors to a struggling Indian shadow financier, once controlled by former billionaires Shivinder Singh and Malvinder Singh, are finalizing a rare debt
Day: January 8, 2020
India plans to cut spending to curb deficit; may hurt growth – The Economic Times
The government is likely to reduce spending for the current fiscal year by as much as Rs 2 lakh crore ($27.82 billion) as it faces
Liquidation process: Secured creditor cannot sell assets to entities ineligible for insolvency plan – The Economic Times
A secured creditor cannot sell assets of a company undergoing liquidation process to any person barred from submitting an insolvency resolution plan, as per a
Lessons from NTPC bid for Avantha Assets–Economic Times
NTPC has reportedly outbid Adani for Avantha’s 600 MW Jhabua power plant in Madhya Pradesh, offering to pay Rs 1,900 crore, two and a half
Aye Finance: Tech can be an enabler, but need feet on street: Aye Finance – The Economic Times Video | ET Now
The huge credit gap in the MSME sector is a good business opportunity, but care must be taken to ensure a borrower is not overleveraged.
RCom: SC rejects Centre’s plea challenging refund of Rs 104 crore ordered by TDSAT to RCom – The Economic Times
The Supreme Court rejected the government’s plea challenging the telecom appellate tribunal’s order directing refund of Rs 104.34 crore to Reliance Communications (RcomNSE 0.00 %).
Insolvency code modified: This type of investors won’t be able to buy out under liquidation – The Financial Express
An official release on Tuesday said the IBBI has notified changes to liquidation process regulations. A secured creditor cannot sell assets of a company undergoing
Another all-time low for Rupee? Continuing troubles with economic growth – The Financial Express
The rupee has fallen sharply and is, once again, threatening Rs 72 to the dollar. There is just one more support (at Rs 73), which,
How confidential should bank inspection reports be? | Business Standard Column
Transparency and maximum disclosure are the immutable cornerstones of an effective democracy. However, absolute and uncontrolled information flow may sometimes be antithetical to the objective
Govt set to breach fiscal deficit target, shows GDP advance estimates | Business Standard News
The first gross domestic product advance estimates for 2019-20, released on Tuesday, showed that nominal GDP is expected to grow 7.5 per cent this fiscal
At 5%, GDP growth to hit 11-year low in FY20 – The Hindu BusinessLine
CSO’s first advance estimate projects all three sectors growing at lower rate; industry worst hit The Central Statistics Office has projected the economy’s growth rate
Regulators need some capacity building – The Hindu BusinessLine
The meltdown of IL&FS and DHFL suggests that regulators need better systems to keep pace with market ingenuity The success of the liberalisation of the
All you wanted to know about yield curves – The Hindu BusinessLine
In recent months, business media around the world has displayed an unusual obsession with curves — yield curves. A few months ago, analysts in the
NCLAT stays liquidation process of IVRCL Ltd – NEWS – The Hindu BusinessLine
The National Company Law Appellate Tribunal, Delhi, has stayed the liquidation process of the debt-strapped Hyderabad-based construction and infrastructure company IVRCL Ltd. This development follows
Combating the animosity towards auditors – OPINION – The Hindu BusinessLine
Rather than blaming auditors for lapses, it may be worth shifting focus to improving regulation and conduct in the field An auditor is a watchdog,
All you wanted to know about Modern Monetary Theory – The Hindu BusinessLine
We all know that fiscal constraint is a major impediment to the government’s efforts to increase spending to support sagging growth. Modern Monetary Theory attempts
Weak nominal GDP for FY 20 will adversely impact tax collections–Times of India
The first advance estimate of gross domestic product for 2019-20 carries no surprises. The GDP for the year is 5%, significantly lower than the previous
India must create 70 mn jobs to achieve $5 tn economy by 2024 – The Hindu
140 mn jobs needed in next decade, says Shanmugaratnam The country needs to significantly increase employment and productivity levels to achieve a $5 trillion economy
Explained: Why even the government expects India’s GDP to grow at 5% this year | Explained News,The Indian Express
The gross value added (GVA), which maps the economic activity from the income side as against the GDP which maps it from the expenditure side,
Union Minister Goyal Meets SME Associations To Resolve Industry Issues – BW Businessworld
Commerce and Industry Minister Piyush Goyal has said the Micro Small and Medium Enterprises (MSME) sector has better adaptability to cater to the export market
aniltikotekar4sme.com 