A new year, a new central bank governor. Yet the first salvo to come out of the Reserve Bank of India’s policy arsenal in 2019
Author: Anil R Tikotekar
Europe’s strongest pillar | Business Standard Editorials
Twenty years ago, on January 1, 1999, a new currency came into being. Eleven members of the European Union fixed their currencies’ exchange rates against each other,
CoC, RP faced with grey areas in IBC as bidders hold-up plan implementation | Business Standard News
At least seven companies under the Insolvency and Bankruptcy Code (IBC) are staring at a situation where preferred bidders have raised issues or are reluctant
How IBC changes the game | Business Standard Column
The implementation of the Insolvency and Bankruptcy Code (IBC) is facing difficulties. For the largest firms, there is a whiff of SICA (Sick Industrial Companies Act) in the air,
Direct tax-GDP ratio of 5.98% during FY’18 best in 10 years: FinMin – The Hindu BusinessLine
The direct tax-to-GDP ratio of 5.98 per cent achieved during 2017-18 fiscal is the best in the last 10 years, the finance ministry said on
RBI for one-time restructuring of MSME loans – The Hindu BusinessLine
In a breather to the micro, small and medium enterprise (MSME) sector, the Reserve Bank of India has decided to permit one-time restructuring of existing
A long way to go, still – MONEY & BANKING – The Hindu BusinessLine
It has been an eventful year for the ever-evolving Insolvency and Bankruptcy Code, though it has delivered very little to the purpose for which it
‘Procedural issues getting resolved’ – MONEY & BANKING – The Hindu BusinessLine
JSW Steel is among the few corporates to have an interesting tryst with IBC. After giving up on attempts to takeover Bhushan Steel, it succeeded
Employees of bankrupt RTIL join hands to revive company – NEWS – The Hindu BusinessLine
In a first for a bankruptcy firm, nearly 200 employees of debt-ridden RTIL — formerly Reid & Taylor (India) — have formed an association to
RBI vs Govt in 2018: A ‘husband-wife’ relation that turned stormy – The Economic Times
There was however a truce on two issues, including with regard to reserves. The relation between the Reserve Bank and the government is akin to
raghuram rajan: View: 8 things India must do in 2019 to tide over economic challenges – The Economic Times
By Raghuram Rajan and Abhijit Banerjee Last October thirteen of us, all economists, got together in the hope that as the country gears up for elections, we
IBBI publishes syllabus for valuer examinations from April 2019 – The Economic Times
The Insolvency and Bankruptcy Board of India (IBBI) Tuesday came out with syllabus for valuer course and the examinations to be conducted from April 1, 2019. IBBI has published
IBBI penalises five debt resolution professionals – The Economic Times
The Insolvency and Bankruptcy Board of India (IBBI) has for the first time penalised at least five resolution professionals, seeking to strengthen the dedicated loan-recovery
The hard truth on farm loan waivers–Economic Times
Prime Minister Narendra Modi has refused to yield to populism on farm loan waivers, during the course of a wide-ranging television interview on the first
RBI gives relief to MSME sector, provides for one-time restructuring of loans – The Financial Express
The RBI permitted a one-time restructuring of existing loans to MSMEs that are in default but ‘standard” as on January 1, 2019, the central bank
In a first, NCLT allows govt to reopen ILFS books – The Financial Express
For the first time, the government on December 21, 2018, had invoked the powers under Section 130 of the new Companies Act of 2013 to
Government notifies new annual GST return forms – The Financial Express
Trade and industry bodies had raised several objections on the GST annual return filing forms, which were earlier notified in September last year. The government
Rupee vs Dollar in 2019: Volatility to remain high, will increase going forward – The Financial Express
The year 2018 started with USD/INR at 63.80, the strongest it had been in several months; volatility was low at 4.5% and sentiment was for
Government waives late fee for non-filers of GST returns between July ’17-Sept ’18 – The Financial Express
The government has waived late fees for non-filers of summary and final sales returns for the July 2017-September 2018 period by businesses registered under the
Triple Talaq Bill–Divorced from reason | Business Standard Editorials
A dvocates of women’s rights should be relieved that the debate over the triple talaq Bill was washed out in the Upper House on Monday after its