Clipped from: https://www.businesstoday.in/opinion/columns/how-bad-bank-model-of-arc-amc-would-work-to-manage-npas/story/433303.html The proposed two-tier ARC, AMC framework, ostensibly created with public structure and private sector in mind for the respective entities, may create more
Day: March 24, 2021
Petrol, diesel under GST? Not possible for next 8-10 years, says Sushil Modi–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/petrol-diesel-under-gst-not-possible-for-next-8-10-years-says-sushil-modi/story/434768.html Speaking in Rajya Sabha while participating in a discussion on the Finance Bill 2021, Modi told the lower house of Parliament that the
Any creditor of firm in liquidation can seek transfer of winding up plea from HC to NCLT: SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/any-creditor-of-firm-in-liquidation-can-seek-transfer-of-winding-up-plea-from-hc-to-nclt-sc/articleshow/79307771.cmsSynopsis A bench headed by Chief Justice S A Bobde and justices A S Bopanna and V Ramasubramanian was faced with two legal questions
Supreme Court chooses right–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/supreme-court-chooses-right/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Supreme Court’s refusal either to extend RBI’s
Policybazaar to team up with Paytm, Ola and IndusInd Bank for NUE bid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/policybazaar-to-team-up-with-paytm-ola-and-indusind-bank-for-nue-bid/articleshow/81657479.cmsSynopsis PolicyBazaar and others have set up an entity called Foster Payment Network which will front the NUE bid under Reserve Bank of India’s
loan moratorium : No compound or penal interest be charged from borrowers during moratorium period, directs SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/cant-allow-extension-of-loan-moratorium-period-says-sc-waiver-of-interest-not-possible/articleshow/81644517.cmsSynopsis The bench refused to further extend the moratorium period beyond Aug 31, 2020, or the deadline for resolution of stressed assets beyond Dec
Success of PLI scheme depends on how well Apple’s India plans shape up | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/success-of-pli-scheme-depends-on-how-well-apple-s-india-plans-shape-up-121032301454_1.html India is to be Apple’s second significant global hub The crucial issue is the government’s restrictions on Chinese foreign direct investment, which could
IBC activity likely to see gradual rise after resumption, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/ibc-activity-likely-to-see-gradual-rise-after-resumption-say-experts-121032301580_1.html The CIRP, which was suspended in light of the Covid-related stress, covers a one-year period ending March 24, 2021 Experts are of the
NCLAT closes insolvency proceedings against Jyoti Ltd after settlement with financial creditors – The Financial Express
Clipped from: https://www.financialexpress.com/industry/nclat-closes-insolvency-proceedings-against-jyoti-ltd-after-settlement-with-financial-creditors/2218639/ The National Company Law Appellate Tribunal (NCLAT) has shut the insolvency proceedings initiated against motor and generator manufacturing company Jyoti Ltd after settlement
Telemedicine: Taking healthcare to the masses – The Financial Express
Clipped from: https://www.financialexpress.com/lifestyle/health/telemedicine-taking-healthcare-to-the-masses/2218771/ Apollo Telehealth records a 19-fold jump in teleconsultations since the eruption of Covid-19 As months have gone by, satisfied with the online experience
Property taxation: Both untapped and unrealised – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/property-taxation-both-untapped-and-unrealised/2218867/ Property tax collection as a proportion of GDP is 1.1% in the OECD, but only 0.2% in India At the same time, state
RBI to consider proposal to merge twoor more Urban Cooperative Banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-consider-proposal-to-merge-twoor-more-urban-cooperative-banks/article34143711.ece The Reserve Bank of India (RBI), on Tuesday, said it will consider proposals for merger and amalgamation of two or more Urban Cooperative
Digital lenders on fund raising spree – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/digital-lenders-on-fund-raising-spree/article34139555.ece Analysts believe sector set to grow further Concerns about the sector notwithstanding, the digital lending segment is seeing a boom with increased demand
Will the new DFI boost infra funding? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-the-new-dfi-boost-infra-funding/article34142830.ece Its success will hinge on, among others, the cost of raising funds, returns for investors and efficient project appraisal The creation of a
Retiring clunkers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/retiring-clunkers/article34142862.ece The scrappage policy is comprehensive but the source of funding for incentives needs clarification India’s vehicle scrappage policy finally appears to be getting
‘सरहद’ न मानणारे सरहदी | लोकसत्ता
Clipped from: https://www.loksatta.com/anvyartha-news/legendary-writer-director-sagar-sarhadi-passes-away-abn-97-2427380/ तत्कालीन मुंबईतील प्रयोगशील, अभिरुचिसंपन्न वातावरणात शिकत असतानाच भरपूर वाचनाच्या सवयीतून लिहिते झाले. (संग्रहित छायाचित्र) सागर सरहदींचे नाव अलीकडे फारसे चर्चेत नव्हते. चर्चेत किंवा
Corrective voice: The Hindu Editorial on the Supreme Court of India and judicial patriarchy – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/corrective-voice-the-hindu-editorial-on-the-supreme-court-of-india-and-judicial-patriarchy/article34144290.ece The SC did well to lay down guidelines for the judiciary in dealing with cases of sexual crime While recognising society’s deep-rooted patriarchy
IRDAI extends relief on life covers till Sept. 30 – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/irdai-extends-relief-on-life-covers-till-sept-30/article34144361.ece It waives wet sign as COVID cases rise Insurance regulator IRDAI has permitted life insurers to continue issuing policy documents in electronic format
Forensic auditor to vet Suzlon’s books – The Hindu
Clipped from: https://www.thehindu.com/business/forensic-auditor-to-vet-suzlons-books/article34144281.ece Suzlon Energy said market regulator SEBI has appointed a forensic auditor to carry out forensic audit of its financial statements. “The company is
The Finance Minister has delivered, but the road ahead is long: on Union Budget 2021 – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-finance-minister-has-delivered-but-the-road-ahead-is-long/article33721241.ece This Budget scores very high marks on credibility and on its potential to create domestic output and jobs, but much more remains to
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