All’s not well among banks despite a public show of solidarity on the stated merits of the freshly minted inter-creditor agreement (ICA) to clean up the dud-loan
Author: Anil R Tikotekar
Govt’s amendments must to boost credit bureaus, says NS Vishwanathan | Business Standard News
The Reserve Bank of India (RBI) wants to strengthen the credit bureaus, but to do that the government has to make some legislative amendments, RBI Deputy Governor
IBC helps HBN’s retail depositors claim their dues – The Economic Times
The Insolvency and Bankruptcy Code (IBC), considered an exclusive redressal platform for institutional defaults, has yet again come to the rescue of retail depositors. A
Internal strife hurting Rupee: If government is forcing RBI to loosen its purse strings, money would leave India faster than light – The Financial Express
The depreciation of the rupee and the attendant loss of reserves in managing the volatility should have been seen as a consequence of global forces.
Govt decides against removing RBI nominees from PSB boards, cites NPA issue | Business Standard News
The government has decided to turn down the Reserve Bank of India’s (RBI’s) demand for removing the regulator’s nominees from the boards of public sector banks (PSBs).
Brace for more rupee weakness, advise Rabobank MD and senior economist | Business Standard News
Jan Lambregts MD & global head, financial markets research Rabobank International. Economic turmoil in Turkey affected global financial markets. JAN LAMBREGTS, managing director and global head of financial markets research
Don’t tax intra-firm service supply–Economic Times
Don’t tax intra-firm service supply The Karnataka Authority of Advance Rulings (AAR) has erred in ruling that services by an office to branches in other
GST implementation an example of tax terrorism, says P Chidambaram – The Financial Express
The senior Congress leader also said that stagnant investment, fiscal deficit under pressure and the state current account deficit is having an impact on the
Jaypee Infra case: 3,400 homes offered for possession in one year | Business Standard News
The resolution professional for Jaypee Infratech has, in the past nine months, offered 3,400 houses for possession. A source close to the resolution professional said,
More uncertainty with rupee’s slide | Business Standard Column
Last Tuesday, the commerce ministry said the trade deficit for July was estimated at a little above $18 billion, as against one of nearly $11.5 bn during
Cheque cases to fake licences: Key court orders of the previous week | Business Standard Column
Presumption of debt in cheque cases According to the Negotiable Instruments Act, once a cheque has been signed and issued in favour of the holder,
Despite amendments, India far from becoming a global arbitration hub | Business Standard Column
In recent times, there has been a concerted effort on part of the government to improve the arbitration landscape in India. However, despite these changes,
Arbitration Bill 2018: Missed opportunity to design promising framework | Business Standard Column
The arbitration landscape in India has witnessed a surge of legislative activism since the first amendment to the Arbitration and Conciliation (A&C) Act, 1996, in
Worrying signs on the forex reserves front – The Hindu BusinessLine
The Centre’s response to the recent bout of weakness in the rupee has been surprisingly nonchalant. While the RBI was mum, the Finance Minister decided
Don’t tax intra-firm service supply–Economic Times
The Karnataka Authority of Advance Rulings (AAR) has erred in ruling that services by an office to branches in other states will be treated as
Indian economy grew in double digits twice under UPA govt, says panel | Business Standard News
The Indian economy grew in double digits twice during the tenure of the Manmohan Singh government (2004-14), shows the back-dated data on the new series of gross domestic
GST officers to ensure companies pass on benefits to the consumers | Business Standard News
Weeks after goods and services tax (GST) rate reduction on over 100 items including consumer durables, the anti-profiteering watchdog has asked GST officers to keep a close
Bankruptcy law can be extended to cross-border assets: Corp affairs secy | Business Standard News
Corporate affairs secretary Injeti Srinivas on Saturday said the evolving insolvency and bankruptcy law can be extended to cross-border assets. The government is also in looking at hiring more
Small biz exports hit by GST refund delay – The Economic Times
Exports by small businesses were adversely affected by a delay in refund of upfront goods and services tax (GST) and input credit, which put pressure on their
Bad loans: Make pre-sanction process more diligent, RBI official tells banks – The Financial Express
One of the areas which the central bank has been emphasising is making the banks identify stress early, he said. A senior central bank official