Clipped from: https://www.thehindubusinessline.com/opinion/columns/from-the-viewsroom/resolution-or-liquidation/article34125011.ece SC ruling on IBC vis-a-vis Companies Act leaves out nuances Recently, the Supreme Court ruled out any attempt by existing promoters to rebid
Day: March 22, 2021
Solar sector needs the right policy push – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/solar-sector-needs-the-right-policy-push/article34111014.ece While promoting domestic manufacture of solar modules, ongoing projects must be protected from import duty hikes Last week an office memorandum of the
Social and emotional learning, the need of the hour – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/scrappage-policy-steel-companies-gear-up-to-recycle-scrap/article34124248.ece?homepage=true Steel produced through the recycled route entails lower carbon emissions, lower resource consumption, and lower energy utilisation. – REUTERS Steel produced through the
Scrappage policy: Firms forge ahead to ‘steel’ scrap – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/scrappage-policy-steel-companies-gear-up-to-recycle-scrap/article34124248.ece?homepage=true Move to cut greenhouse gas emissions It’s not only automobile companies that are looking to gain from the new scrappage policy; steel companies,
Increasing policy challenges | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/increasing-policy-challenges-121032100883_1.html RBI should not digress from maintaining price stability Inflationary pressures are rising once again. The inflation rate based on the consumer price index went up
Will gold loan lose its sheen? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/will-gold-loan-lose-its-sheen-121032100869_1.html In August 2020, when RBI raised the LTV for gold loans to 90 per cent, effective till March 2021, gold price was at
Banks to send more cases to bankruptcy courts even as old ones lie stagnant | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/banks-set-to-send-more-bankruptcy-cases-even-as-old-ones-lie-stagnant-121032100415_1.html Several roads, real estate and power companies are headed to the bankruptcy courts once the one-year ban imposed by the RBI lifts in
Transfer NPAs to bad bank at book value, says Parliamentary panel | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/transfer-npas-to-bad-bank-at-book-value-says-parliamentary-panel-121032100941_1.html The panel urged the Reserve Bank of India to clearly define every step of the procedure to remove any ambiguity or discretion from
At $36 billion, FPI inflows into equities at record high since FY13: RBI report – The Financial Express
Clipped from: https://www.financialexpress.com/economy/at-36-billion-fpi-inflows-into-equities-at-record-high-since-fy13-rbi-report/2217269/ Prior to this, overseas investors had invested Rs 23,663 crore in February and Rs 14,649 crore in January, on a net basis. According
Big news on Health Insurance claims! Here’s what Irdai has asked insurers – The Financial Express
lipped from: https://www.financialexpress.com/money/insurance/irdai-asks-insures-to-be-more-transparent-in-health-insurance-claims-settlement-specify-reasons-of-denial/2217149/ It is essential that all insurers establish procedures to let policyholders get clear and transparent communication at various stages of claim process, Irdai
Digital payments to skyrocket 3X to over Rs 7,000 lakh cr by FY25; mobile payments to see highest growth – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/digital-payments-to-skyrocket-3x-to-over-rs-7000-lakh-cr-by-fy25-mobile-payments-to-see-highest-growth/2217233/ The digital payments market, which has been led by companies such as Paytm, PhonePe, Pine Labs, Razorpay, BharatPe, and others on both B2C
Govt to top up Rs 5,000-crore grant to enable proposed state-owned DFI to raise low-cost funds – The Financial Express
Clipped from: https://www.financialexpress.com/economy/govt-to-top-up-rs-5000-crore-grant-to-enable-proposed-state-owned-dfi-to-raise-low-cost-funds/2217299/ Given that one DFI can’t satiate the voracious appetite of the infrastructure sector, the government will offer a five-year tax holiday for private-sector
Digital lending: Government blocks 27 fraud lending apps offering instant credit online – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/digital-lending-government-blocks-27-fraud-lending-apps-offering-instant-credit-online/2217349/ The Reserve Bank of India had constituted a Working Group on January 13, 2021, to study all aspects of digital lending activities including
Stabilising Options Of Renewable Power–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/stabilising-options-of-renewable-power/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Reports say that Greenko Energy’s upcoming Rajasthan project,
Now for the action, Ms Sitharaman–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/now-for-the-action-ms-sitharaman/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Nirmala Sitharaman struck the right note at the
Garment Exporters Do Have A Point–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/garment-exporters-do-have-a-point/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Indian garment exporters are right to worry about
Voltas expects double-digit growth in AC sales, demand from smaller towns to go up – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/voltas-expects-double-digit-growth-in-ac-sales-demand-from-smaller-towns-to-go-up/articleshow/81614980.cmsSynopsis Voltas is also witnessing an increase in sales in smaller towns. Its present AC sales between the metros and non-metros are in the
Irdai asks insures to be more transparent in health insurance claims settlement, specify reasons of denial – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-asks-insures-to-be-more-transparent-in-health-insurance-claims-settlement-specify-reasons-of-denial/articleshow/81615426.cmsSynopsis “All the insurers shall ensure putting in place systems to enable policyholders track the status of cashless requests/claims filed with the insurer/TPA through
Where is the economy headed? Indicators hint a recovery but there are two big issues – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/where-is-the-economy-headed-indicators-hint-a-robust-recovery-but-therere-two-big-issues/articleshow/81608016.cms SynopsisMany economic indicators signal a robust recovery. But the rising Covid curve and the inability of several states to spend can dampen India’s
Post exit from PCA framework, IDBI Bank to focus on improving efficiency ratios, says MD – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/post-exit-from-pca-framework-idbi-bank-to-focus-on-improving-efficiency-ratios-says-md/articleshow/81614180.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “With restrictions imposed by RBI gone, we will like to go in a calibrated way and grow the business in a more profitable