The GST Council on Tuesday allowed builders to choose between the old and new GST regimes for projects that will remain unfinished as on March
Author: Anil R Tikotekar
Robust expenditure planning important to tackle socio-economic challenges: RBI Governor Shaktikanta Das – The Financial Express
Reserve Bank governor Shaktikanta Das Tuesday underlined the need for sticking to the fiscal roadmap by adopting a commonly agreed expenditure code-based spending plan to
Bhushan Power operational creditors oppose CoC-approved plan – The Financial Express
Bhushan Power operational creditors oppose CoC-approved plan Operational creditors (OCs) to Bhushan Power and Steel (BPSL) on Tuesday raised objections over the committee of creditors
Don’t make it a prestige issue, NCLAT tells RBI over IL&FS NPA rule | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) on Tuesday admitted the Reserve Bank of India’s (RBI’s) plea seeking modification of the February 25 order of
Tragedies of the educated unemployed | Business Standard Column
The unemployment rate among those who had completed graduation or higher education (graduate+) has been rising steadily since mid-2017. During September-December 2018, the unemployment rate
NCLT seeks views on Sterling Biotech promoters’ offer – The Economic Times
The National Company Law Tribunal (NCLT) has directed the government, regulators, and investigation agencies to clear their stand before the dedicated bankruptcy court decides on the legality
Banks finally set to get back Rs 42,000 cr bad debt, as NCLAT OKs ArcelorMittal’s Essar Steel takeover – The Financial Express
The NCLAT refused to put on hold ArcelorMittal’s proposed payment to Essar Steel’s lenders. ArcelorMittal’s Rs 42,000 crore resolution plan for takeover of bankrupt Essar
IBC is masterstroke in curbing bad loans; now iron out these wrinkles – The Financial Express
The banking sector has been reeling under stress for some time now, with non-performing assets (NPAs) steadily climbing, hurting the asset quality of banks. Even
NCLT dismisses Sterling Biotech’s settlement plan approved by financial creditors and proposed by Sandesara brothers – The Financial Express
The NCLT had sent notices to the Ministry of Corporate Affairs, Income Tax office, Enforcement Directorate (ED), SEBI, CBI and RBI for their representations before
Detailed liquidation rules in the works to save viable firms: IBBI chairman | Business Standard News
A detailed framework for sale of a corporate debtor as going concern and sale of business of a corporate debtor as going concern is being
IBC–Companies should not have nine lives – The Hindu BusinessLine
The basic tenets of the IBC are slowly being compromised, to avoid liquidation even when a company is unviable Since its enactment in 2016, the
Deals to rules | The Indian Express
China can teach us a lot about labour markets but not about banking. Their share of bank lending to the private sector has shrunk by
NCLT to Sterling Biotech lenders: How can you accept settlement plan of absconder | Business News, The Indian Express
The Mumbai bench of the National Company Law Tribunal (NCLT) has refused to accept the settlement plan approved by the committee of creditors (CoC) and
131 CAs back Modi govt on economic data, question motives of scholars who criticised it–The Print
Days after 108 economists and social scientists accused the Narendra Modi government of altering or withholding unfavourable economic data, a group of 131 chartered accountants
Rupee: Dollar-rupee swap: RBI chief between a rock and a hard place – The Economic Times
By Andy Mukherjee Several theories explain why India’s new central bank governor took his boldest step yet. Little attention has been paid to the consequences.
ArcelorMittal: CoC may consider NCLAT plan for Essar’s operational creditors–Economic Times
Bankers are likely to consider a suggestion by the National Company Law Appellate Tribunal to increase the share of operational creditors in the proceeds from
Damned statistics produce bad policy–Economic Times
Ronald Coase, an economics Nobel laureate, quipped, “If you torture data long enough, it’ll confess to anything.” A group of 108 economists have written an
Deutsche bank India: Deutsche Bank is said to set up bad-loan buying unit in India–Economic Times
By Saloni Shukla Deutsche Bank AG is setting up a unit in India to buy and reorganize soured debt as it seeks to profit from an unprecedented bad-loan
IBC is masterstroke in curbing bad loans; now iron out these wrinkles – The Financial Express
The banking sector has been reeling under stress for some time now, with non-performing assets (NPAs) steadily climbing, hurting the asset quality of banks. Even
RBI’s $5 billion swap may be good move; but how will Shaktikanta Das convince US Fed? – The Financial Express
The RBI will buy billion from banks for its reserves by giving them rupees, and reverse the trade in 2022. Several theories explain why India’s