Clipped from: https://www.business-standard.com/article/companies/ril-future-deal-lenders-worried-over-big-hair-cuts-ibc-option-open-121080601985_1.html Retail entity’s cash flows have been hit, and if the merger deal does not go through, the working of restructuring would be under
Month: August 2021
Growth optimism: Will govt’s own investment and exports be enough? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/growth-optimism-will-govt-s-own-investment-and-exports-be-enough-121080601418_1.html A step jump in medium-term growth rates, of the kind projected, needs all four engines of the economy to be firing. But the
RIL-Future deal: Lenders worried over big hair-cuts, IBC option open | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ril-future-deal-lenders-worried-over-big-hair-cuts-ibc-option-open-121080601985_1.html Retail entity’s cash flows have been hit, and if the merger deal does not go through, the working of restructuring would be under
RBI defers deadline to meet financial parameters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-defers-deadline-to-meet-financial-parameters/article35768691.ece?homepage=true Move will offer ‘significant’ relief to corporate borrowers, say experts With the second wave of the Covid-19 pandemic creating a fresh set of
MPC status quo has a different subtext – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-rbi-expects-inflation-to-ease-in-the-third-quarter/article35772764.ece?homepage=true The RBI expects inflation to ease in the third quarter – AFP The RBI needs to take strong steps to deal with excess
Time for caution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/amidst-inflation-fears-and-growth-concerns-rbi-betrays-worries-about-managing-bond-markets/article35772617.ece?homepage=true Amidst inflation fears and growth concerns, RBI betrays worries about managing bond markets The Monetary Policy Committee has held rates for the seventh
Why the record low fiscal deficit of June quarter is unlikely to sustain – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/why-the-record-low-fiscal-deficit-of-june-quarter-is-unlikely-to-sustain/article35699962.ece?homepage=true Robust direct tax collections and the surplus transfer from the RBI have saved the day, combined with a tighter rein on revenue expenditure.
Reserve Bank of India gives corporate borrowers 6 more months to meet debt recast guidelines – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/reserve-bank-of-india-gives-corporate-borrowers-6-more-months-to-meet-debt-recast-guidelines/2306130/ Vivek Iyer, partner and national leader-financial services risk advisory, Grant Thornton Bharat, said, “We need to be patient and study how the coming
PM suggests 4-point strategy to achieve $400-b exports in FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pm-suggests-4-point-strategy-to-achieve-400-b-exports-in-fy22/article35775121.ece?homepage=true Rues that export basket remains limited to a few goods, destinations Prime Minister Narendra Modi today listed four factors to boost exports and
These new platforms re-juvenate women-run enterprises – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/variety/these-new-platforms-re-juvenate-women-run-enterprises/article35774066.ece?homepage=true The longer-term plan is to organise mentoring sessions and help upskill entrepreneurs in areas of technology and finance A new term — “Shecession”
RBI keeps repo rate steady to support nascent recovery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mpc-maintains-status-quo-on-key-rates/article35758235.ece?homepage=true Forecasts rise in retail inflation; to conduct four VRRR auctions to mop up liquidity As widely expected, the RBI’s Monetary Policy Committee (MPC)
SEBI cuts pre-IPO lock-in for non-promoters to six months – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-cuts-pre-ipo-lock-in-for-non-promoters-to-six-months/article35774541.ece?homepage=true Moves away from ‘promoters’ to ‘controlling shareholders’ idea As the nature of corporate ownership changes, with private equity players and institutional investors increasingly
Big win for Amazon as SC upholds award freezing Future-Reliance deal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/big-win-for-amazon-as-sc-upholds-award-freezing-future-reliance-deal/article35774440.ece?homepage=true Halts Biyani’s plans to clear group’s mounting debt In a blow to Kishore Biyani’s plans to keep Future Retail afloat, the Supreme Court
RBI Monetary Policy 2021: What does RBI move to keep rates steady, hike inflation target mean?
Clipped from: https://indianexpress.com/article/explained/explained-what-does-rbi-move-to-keep-rates-steady-hike-inflation-target-mean-7441192/ The Reserve Bank of India’s Monetary Policy Committee raised the inflation target for fiscal 2001-22 but maintained the growth forecast at 9.5 per
RBI needs to watch out for threats to financial stability–TIMES OF INDIA
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/rbi-needs-to-watch-out-for-threats-to-financial-stability/Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who respond
FD premature withdrawal process: A single account holder can withdraw a joint bank FD prematurely; here’s how it works, and should you go for it? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/a-single-account-holder-can-withdraw-a-joint-bank-fd-prematurely-heres-how-it-works-and-should-you-go-for-it/articleshow/84967768.cmsSynopsis There could be a situation in the current pandemic where one of the holders is hospitalised and the other needs to draw the
A collapse of Voda Idea will hurt IDFC First Bank, YES Bank most – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/a-collapse-of-voda-idea-will-hurt-idfc-first-bank-yes-bank-most/articleshow/85065328.cmsSynopsis Vodafone Idea is unlikely to be able to service its gross debt of over Rs 1.8 lakh crore. The telecom operator owes at
VI: Saving Vi will be a tightrope walk for lenders. But they may not go out of their way to rescue it. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/media-and-communications/saving-vi-will-be-a-tightrope-walk-for-lenders-but-they-may-not-go-out-of-their-way-to-rescue-it-/primearticleshow/85081166.cms SynopsisVi has a mammoth debt of INR1.8 trillion. And this has been haunting its parent companies. Its sustainability is also under question. To
Judge-population ratio stood at 21.03 judges per million people in 2020: Law minister – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/judge-population-ratio-stood-at-21-03-judges-per-million-people-in-2020-law-minister/articleshow/85072861.cmsSynopsis “Using the above criterion, the judge-population ratio works out to be 21.03 judges per million population for the year 2020,” the minister noted.
Inflation: What’s causing structurally high inflation in India? ANZ Bank’s Sanjay Mathur explains – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/whats-causing-structurally-high-inflation-in-india-anz-banks-sanjay-mathur-explains/articleshow/85060019.cmsSynopsis “The May CPI reading of 6.30% year-on-year was quite telling. Whichever way you dissect it — look at core or the super-core, there