It’s a story about a central govt that is bereft of subtlety & a central bank that masks its mistakes. Their relationship had begun on
Author: Anil R Tikotekar
Government expects recoveries to exceed Rs 1.80 lakh crore in FY19 – The Financial Express
Enthused by the impact of new insolvency and bankruptcy law, the government expects bad loan recoveries to exceed Rs 1.80 lakh crore target for the
Why import curbs won’t stop the fall of Indian rupee; here’s how to deal with it–Business Today
The rupee is rapidly hurtling towards the 75 mark against the dollar. Far from its economic rationale, a falling rupee is often seen as a
Are government and RBI finally seeing eye to eye on the economy?–Business Today
The Reserve Bank of India governor and the Indian government, especially the finance ministry, have often got into tiffs -and sometimes waged prolonged cold wars
View: Why RBI’s lament may lead to more stress in the economy – The Economic Times
Good central banks everywhere recognise and accept this, and do not try to push the envelope to a point where it could boomerang on all
At arm’s length or holding hands?
In the wake of RBI deputy governor Viral Acharya making a spirited pitch for regulatory independence for the RBI and ruing the central bank’s asymmetry
For a change, a useful and needed circular | Business Standard Column
The Central Board of Indirect Taxes and Customs (CBIC) has issued a very useful circular, 38/2018-Customs, dated October 18. It is on procedure in cases
Prompt corrective action or slow destruction? | Business Standard Column
The Reserve Bank of India’s (RBI) last board meeting in Mumbai continued for hours, the longest in its recent history. Much time was spent discussing
Govt and RBI must resume consultations, instead of airing their differences | Business Standard Column
Last weekend, top officials in North Block, headquarters of the finance ministry, could not have had a peaceful sleep. Indeed, even senior officials in the
Cross-border insolvency rules: How they impact creditors, investors | Business Standard Column
Recently, the Insolvency Law Committee, constituted by the Ministry of Corporate Affairs, published its second report, which recommends adoption of the UNCITRAL Model Law on
Ticklish issues in cross-border insolvencies – The Hindu BusinessLine
The Insolvency Law Committee’s recommendations are a step in the right direction, but some aspects need a rethink The way Nirav Modi’s entities have filed
ArcelorMittal wins majority stake in Essar Steel buyout – The Hindu
Nippon Steel to own nearly equal stake The committee of creditors of the debt-laden Essar Steel India Ltd. has chosen ArcelorMittal SA and Japan’s Nippon
ArcelorMittal wins bankrupt Essar Steel, finally! Ruias’ last ditch effort won’t work, say experts – The Financial Express
ArcelorMittal has won the bid for bankrupt Essar Steel, finally — and arguably ‘fair and square’. ArcelorMittal has won the bid for bankrupt Essar Steel,
Essar Steel lenders ignore Ruias’ offer, approve bid by Arcelor and Nippon | Business Standard News
ArcelorMittal on Friday announced that the Committee of Creditors (CoC) to Essar Steel India Limited (ESIL) has voted in favour of the company’s acquisition. ESIL’s resolution professional (RP),
Essar Steel buy: ArcelorMittal, Ruias gear up for legal battle – The Hindu BusinessLine
A day after the Committee of Creditors voted in favour of its bid, ArcelorMittal on Friday said its long-term aspiration for Essar Steel is to
Essar Steel buy: ArcelorMittal, Ruias gear up for legal battle – The Hindu BusinessLine
A day after the Committee of Creditors voted in favour of its bid, ArcelorMittal on Friday said its long-term aspiration for Essar Steel is to
Market can discipline govt: RBI’s Viral Acharya in hard-hitting speech on centre’s interference; top 5 quotes – The Financial Express
Viral Acharya’s hard-hitting speech at AD Shroff Memorial Lecture, Mumbai has come amid a tug of war between going on between the RBI and the government.
‘Govts that don’t respect central bank independence invite wrath of mkts’ | Business Standard News
RBI deputy governor Viral Acharya on Friday said that the governments that do not respect central bank independence will sooner or later incur the wrath of financial markets,
Government interference undermines RBI’s functional autonomy: Viral Acharya – The Economic Times
India’s central bank needs to be more independent to improve macroeconomic stability, Reserve Bank of India (RBI) Deputy Governor Viral Acharya said on Friday, warning that undermining
A change in law means MSMEs have greater power in cheque bounce cases – The Economic Times
By Jivesh Chandrayan Indian courts are riddled with the humongous problem of pending cases. As per the 213th Report of the Law Commission almost 20 per cent