The Supreme Court recently held that the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act)
Day: May 12, 2020
Sweeping labour deregulations will not spur investment – The Hindu BusinessLine
The governments of Uttar Pradesh, Gujarat, Rajasthan, Assam, Punjab and Madhya Pradesh have proposed, through ordinances and notifications, the suspension of a number of provisions
Lockdown, slowdown: NPAs looming, PSBs put bad bank creation plan back on table | Business News,The Indian Express
While bankers are pushing for this, and there is support for the proposal within a section of the government, the broader view in the Finance
Seven questions about an app | The Indian Express
In 2017, India witnessed a unique event. A democratically-elected government stood before the Supreme Court and argued that it had complete and absolute right over
Stop states from trampling over labour rights–Deccan Chronicle
While announcing the first extension of the national lockdown on April 14, Prime Minister Narendra Modi had exhorted industry leaders in the country to be
Chronicling the economic costs of the lockdown – columns – Hindustan Times
The coronavirus disease (Covid-19)-induced pandemic has brought with it days of dark gloom. But last Friday, this feeling was exacerbated with the shocking news that
To restart, revise national strategy – columns – Hindustan Times
India is now entering the last week of the nationwide lockdown. Whether or not the lockdown has helped “flatten the curve” and prepare the health
Millions of young losing their jobs is long-term cost of lockdown | Business Standard Column
Over 27 million youngsters in their 20s lost their jobs in April. This has serious long-term repercussions. It is during this age that young India
Unrealistic growth forecasts | Business Standard Editorials
The incoming high-frequency indicators suggest that most forecasters would need to take a fresh look at their projections for gross domestic product (GDP) growth for the current
Let TReDS sabotage impair credit rating–Economic Times
At a time when India’s 6.5 crore micro, small and medium enterprises (MSMEs) struggle for finance, in fact, for survival, and the government can ill
FICCI writes letter to Finance Minister Nirmala Sitharaman seeking fiscal support for the MSME sector – The Economic Times
In a letter to finance minister Nirmala Sitharaman, the Federation of Indian Chambers of Commerce & Industry (FICCI) sought immediate support and additional funds for
The working person’s right to life – The Economic Times
Such speculations are undeterred by survivors’ accounts of exhaustion, police harassment driving them to the tracks, the mistaken belief that trains were not running and,
reserve bank of india: Gurumurthy pitches for one-time restructuring of loans to boost economy – The Economic Times
In a webinar on ‘Rebuilding Indian Economy: Challenges and Opportunities’ organised by Bharat Prakashan Delhi, RBI director S Gurumurthy said that out of Rs 11
HDB Financial Services sacks about 150 employees – The Economic Times
Some of the sacked employees said it is unethical on part of the company to ask them to leave without any prior notice or anything
Indians hooked to games during lockdown; highest ever sales and gaming app downloads – The Economic Times
Live game streaming app Loco, by digital entertainment start-up Pocket Aces, said it has seen a surge in streamer signups by more than 50%. Sales
Private banks increase provisions, but will it be enough? – The Economic Times
Private banks like Axis Bank, ICICI Bank and IndusInd have shown their conservative side by raising provisions related Coronavirus uncertainties as they see a jump
It’s now or never: States are driving bold reforms. We will never get this opportunity again, seize it–Times of India
In one of the boldest and bravest initiatives since the reforms of 1991, Uttar Pradesh, Madhya Pradesh and Gujarat have ushered in radical labour market
Why electronic manufacturers are concerned despite relaxations – The Financial Express
As consumer electronics companies fire up their manufacturing units with limited employees and resources after taking permission from authorities, there are still supply-side constraints and
With IBC suspended, now pave the way for pre-packaged insolvency – The Financial Express
A mix of out-of-court restructuring and formal insolvency process, where the terms of sale are pre-negotiated and finalised with approvals of creditors, Pre-Pack is built
India will be risking economic hara-kiri, if lockdown extended for much longer: Anand Mahindra | Deccan Herald
Leading industrialist Anand Mahindra on Monday said that if lockdown is extended for much longer duration then the country will be “risking economic hara-kiri”. The
