The now-suspended managing director of the crisis-hit Punjab and Maharashtra Cooperative Bank (PMC), Joy Thomas, has reportedly admitted to the RBI that the bank’s actual exposure to the bankrupt HDIL
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
There should be just 3 GST rates: 6, 12 & 18%: Bibek Debroy – The Economic Times
Chairman of the Economic Advisory Council to the Prime Minister Bibek Debroy tells Shantanu Nandan Sharma the goods and services tax (GST) is still a work in
When the Law Itself Hinders Business–Economic Times
One of the remaining obstacles to doing business in India is the tendency for legal delays — there was consensus on the subject at the
In a first, bankrupt Reliance Communications AGM to be chaired by resolution professional on Monday – The Financial Express
According to RCom’s admission, financial creditors have made claims worth Rs 57,382 crore from RCom and its two subsidiaries as of June 16. In what
E-commerce sales depriving govt of GST revenue, traders’ body tells Nirmala Sitharaman; seeks probe – The Financial Express
The letter also drew Nirmala Sitharaman’s attention towards 10 per cent to 80 per cent of ‘deep discounting’ on goods sold on online platforms. Traders’
Financial consultants: Today’s catalyst for SMEs to drive financial management, profitability – The Financial Express
By R Narayan Credit and Finance for MSMEs: One of the biggest challenges any business faces is sustainable growth. The pace of change in today’s economic
Trade War: China to send its top trade negotiator to US for talks – The Financial Express
China’s top trade negotiator will lead an upcoming 13th round of talks aimed at resolving a trade war with the United States, a senior Chinese
Stimulating rural demand | Business Standard Editorials
A good sequel to the recent bold steps to reverse the economic slowdown would be to prop up rural demand for goods and services through a well-judged
From loan recovery to income tax claim, here’re the key court orders | Business Standard Column
The Supreme Court has settled differences among various high courts and declared that the chief judicial magistrate (CJM) is competent to assist the secured creditor
SC blamed for economic slowdown, but it was just upholding the law | Business Standard Column
Senior Advocate Harish Salve’s remarks on economic slowdown due to the Supreme Court seemed puzzling at the outset. Isn’t the highest judiciary of the land a beacon
NCLAT decision on Jet’s CoC meetings a welcome signal to foreign investors | Business Standard Column
The National Company Law Appellate Tribunal’s (NCLAT) decision to allow a Dutch court administrator to participate in the Jet Airways’ committee of creditors (CoC)’s meetings
Why be prejudiced against loan melas? – The Hindu BusinessLine
The institutional reasons for their failure no longer exist. Besides, banks are better at achieving social goals than microfinance Loans and melas are of different genres. While
IBBI Guidelines dated 14th May, 2019–IPs
Click to access IPs%20to%20act%20as%20IRPs%20and%20Liquidators%20%28Recommendation%29%20Guidelines%202019_2019-05-14%2020%3A09%3A47.pdf
Insolvency Professionals may require a ‘certificate of practice’ – The Hindu BusinessLine
Regulator proposes changes to IP regulations Insolvency professionals (IP) may soon have to obtain a ‘certificate of practice’ (CoP) to be able to work as
Montek Singh Ahluwalia on why a $5-trillion economy is a pipe dream – The Economic Times
We need 8% growth rate to be a $5-trillion economy and we are nowhere near it. It is not as if the $5 trillion is
MSME: MSME Scheme: How the Micro Finance Programme is providing funds to small businesses – The Economic Times
Promoting the growth of small-scale industries and MSME businesses has been one of the most important priorities of the Government. When the MSME sector grows,
National Company Law Tribunal: NCLT Orders Insolvency Proceedings against Lokhandwala Infra – The Economic Times
The dedicated bankruptcy court, the National Company Law Tribunal (NCLT), ordered that insolvency proceedings be started against Mumbai-based real estate developer Lokhandwala Infrastructure under Section 7 of the Insolvency
Plea for probe into alleged funds misappropriation by Indiabulls; HC asks Centre, RBI to reply – The Economic Times
The Delhi High Court on Friday decided to examine the allegations, in a PIL by an NGO, of financial irregularities, siphoning of funds and other violations against
With no local partner, Jet resolution to get delayed – The Financial Express
By Anwesha Ganguly Any resolution plan for the bankrupt Jet Airways is likely to get delayed as the sole entity to have envinced interest, the
Why India badly needs an export boost to reverse its economic slump | Business Standard Column
When domestic demand is slack, competitive economies look to export markets. Indeed, every country that has grown rapidly has been a successful exporter. One of
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