By Ashwini Anand The Indian banking sector is in deep trouble. No, I am not referring to the 25%-50% crashes the stock prices of lenders such as DHFL,IIFL
Author: Anil R Tikotekar
More taxpayers should mean more taxes, too–Economic Times
The reported surge in the number of individuals declaring incomes above .`1crore is welcome. Official data shows a 68% increase in the number of crorepati
CAG Rajiv Mehrishi questions RBI’s accountability over NPA crisis – The Economic Times-R
Comptroller and Auditor General of India ( CAG) Rajiv Mehrishi on Tuesday questioned the role of RBI in the present banking crisis, asking what the regulator was doing
IBC: New delisting norms for IBC companies could trip punters’ bets – The Economic Times-R
By- Pavan Burugula Investors who have punted on the Insolvency and Bankruptcy Code (IBC) bound stocks hoping to cash in on business turnaround could be
Why government must not lean on RBI to relax norms for PCA banks – The Financial Express
The government should desist from asking banks to help alleviate the stress at NBFCs and Housing Finance Companies (HFCs) and leave it to lenders to
Lessons for RBI from the shocking Rupee slide and questions it has raised – The Financial Express-R
Many were then quick to credit the new inflation-targeting monetary policy regime introduced by former Governor Rajan to tame inflation and preserve “both internal and
Bhushan Power bid: NCLAT gives Tata Steel a chance to plead its case – The Financial Express-R
Senior counsel Abhshek Manu Singhvi, appearing on behalf of Tata Steel, alleged that the CoC gave JSW Steel undue chances to revise its bid after
GST muddle: AARs’ rulings clash on similar queries in two States – The Hindu BusinessLine
Payments made by foreign companies to liaison offices in the country will not attract GST, Authority of Advance Rulings (AAR) – Tamil Nadu has ruled.
Modi Govt’s tenure ‘best years’ of Indian economy: EAC-PM member – The Hindu BusinessLine
The Economic Advisory Council to the Prime Minister (EAC-PM) member, Surjit Bhalla, on Tuesday said that the four years of the Modi government are the
Six-member panel set up to resolve stressed assets – The Hindu BusinessLine-R
The overseeing committee (OC) that is being set up under the inter-creditor agreement (ICA) for resolution of stressed assets will have six members, including Janki
Absence of a deep bond market is major cause for banking crisis: CAG – The Hindu BusinessLine-R
The major cause for the current crisis in the banking system is the absence of a deep bond market and not “theft and bad lending”,
In defence of prompt corrective action–Economic Times
RBI deputy governor Viral Acharya has done well to defend the RBI’s scheme of placing troubled banks under Prompt Corrective Action (PCA) against the charge
Operational creditors get their due, but IBC slows – The Financial Express-R
Operational creditors get their due, but IBC slows Given their vastly larger loans, or skin in the game, it is not surprising that the Insolvency
Relief for suppliers to insolvent companies: IBC amendment now provides priority to operational creditors – The Financial Express-R
Abir Roy The treatment of operational creditors under the IBC has been a subject of numerous deliberations. There is scant protection which has been given
NCLT approves 45 resolution plans, orders 19 liquidations in 2 years of IBC | Business Standard News–R
The National Company Law Tribunal (NCLT) has sanctioned 45 resolution plans almost two years after the first set of insolvent corporates were taken for proceedings under the Insolvency and Bankruptcy Code
‘Input tax credit refund available for zero rated export of exempted items’ | Business Standard News
Q. We are a “hospital service provider” registered under GST. We wish to procure capital goods, both imported and indigenous, under EPCG authorisations, as we
Despite challenges, exports will reach new high this fiscal: Commerce Secretary – The Hindu BusinessLine-R
Despite many challenges, including issues like protectionism adopted by some developed countries, India’s exports this fiscal will witness a record high. “Given the export growth
A bad idea | Business Standard Editorials
The country’s central bank, Reserve Bank of India, and the Union government seem to be moving towards an unseemly spat over the issue of regulating
Some GST issues need clarifying | Business Standard Column
Since introduction of the goods and services tax (GST), exporters have been subjected to several difficulties. Among these are delays and costs in getting refunds, unrealistic conditions
In the mind of a stressed borrower | Business Standard Column-R
When a firm faces stress, the story turns on whether it is insolvent or merely illiquid. In this article, we put ourselves in the shoes