lipped from: https://www.business-standard.com/article/economy-policy/rbi-s-new-restructuring-scheme-for-small-borrowers-will-it-work-121052300905_1.html The new restructuring package for small borrowers has little chance of taking off Imaging: Ajay Mohanty “Eat a live frog first thing in
Day: May 24, 2021
A recovery interrupted | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-recovery-interrupted-121052300845_1.html This first of a two-part essay assesses the emerging economic fallout of the second wave After a very challenging two months, India’s second
RBI’s disclosure dilemma | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-s-disclosure-dilemma-121052300852_1.html While the RBI must respect the spirit of freedom of expression, we need to draw a Laxman rekha, and the RTI Act should
New credit culture | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/new-credit-culture-121052300924_1.html A big step by SC in allowing banks to chase personal guarantors Last week, a two-judge Bench of the Supreme Court upheld a notification issued
Rationalise rates | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rationalise-rates-121052300914_1.html GST Council must address the shortfall in collection After a few months of robust performance, goods and services tax (GST) collection is expected to be
Cabinet secretary Rajiv Gauba to check progress of PLI schemes this week | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cabinet-secretary-rajiv-gauba-to-check-progress-of-pli-schemes-this-week-121052300954_1.html The scheme also aims at making domestic manufacturing globally competitive, create jobs, and boost exports. The meeting comes in the backdrop of companies,
CoC to review NBCC offer for Jaypee Infra on Monday before vote on Suraksha | Business Standard News
lipped from: https://www.business-standard.com/article/companies/coc-to-review-nbcc-offer-for-jaypee-infra-on-monday-before-vote-on-suraksha-121052300362_1.html Homeowners, Suraksha cry foul; say move illegal as per SC order Even as Suraksha group’s resolution plan for Jaypee Infratech is set to
Centre, states stare at Rs 2-trillion GST cess gap amid Covid-19 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-states-stare-at-rs-2-trillion-gst-cess-gap-amid-covid-19-121052400026_1.html The GST compensation of states is expected to widen to Rs 2.5-3 trillion in FY22 as against the cess collection of Rs 1
Use Altman Z score to sniff out bankruptcy potential – The Financial Express
lipped from: https://www.financialexpress.com/money/your-money-use-altman-z-score-to-sniff-out-bankruptcy-potential/2256685/ If the Z score is less than 1.81, the firm is a bankruptcy candidate arnings Before Interest & Tax (EBIT) 3,500; total assets
Assessing RBI’s on-tap liquidity scheme – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/assessing-rbis-on-tap-liquidity-scheme/2257485/ The tenor of loans is three years for the banks, but there are no such restrictions for on-lending. This could lead to asset-liability
Supreme Court’s order on defaulter tycoons plugs an important bankruptcy loophole – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/supreme-courts-order-on-defaulter-tycoons-plugs-an-important-bankruptcy-loophole/articleshow/82825203.cmsSynopsis Lawyers and bankers were said the order sets a precedence for future recoveries in bankrutpcy cases and more importantly act as a deterrent
DHFL ruling: NCLT ruling on DHFL: Creditors weighing options – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/nclt-ruling-on-dhfl-creditors-weighing-options/articleshow/82897352.cmsSynopsis Several lenders prefer challenging order at appellate tribunal to voting against Wadhawan’s offer Mumbai: Stunned by the National Company Law Tribunal ruling (NCLT) onDHFLNSE 4.83
Telemedicine can complement medical tourism – OPINION – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/article34630435.ece Through preliminary assessment, telemedicine helps patients decide whether they need to make the journey for advanced treatment Internet-propelled technologies that are shaping the
Cheque-bounce cases need to be settled fast – OPINION – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/article34630430.ece Losing tractionCheque transactions Losing tractionCheque transactions× Allowing courts to make summary convictions and discouraging the use of cheques can help reduce the huge
WhatsApp row: Time for courts to step in – OPINION – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/article34630428.ece Terms of contract can be enforced only when they are fair. Courts are best positioned to intervene and protect user interests The WhatsApp
personal guarntors -Welcome clarification – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/article34630423.ece SC ruling on personal guarantees in corporate bankruptcies is welcome, but NCLT is not in sync There have been two important, and in
Rising unemployment adds to the Covid pain – NEWS – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/article34630402.ece Unemployment rates are slowly moving back to the record highs of June 2020 when there was a national lockdown A fledgling recovery in
Covid-related health insurance claims top Rs. 23,000 crore – Today’s Paper – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/article34630389.ece Average claim size shrinks to Rs. 95,000, duration of stay down to six days Reflecting the surge in cases, Covid-related health insurance claims