Some of the promoters of companies in default are still attempting to game the system and the judiciary should resist its temptation to encourage frivolous
Category: Economy
RBI Bankruptcy Deadline: RBI’s deadline for bankrupt companies: Supreme Court stays insolvency proceedings against defaulters–Economic Times
The Supreme Court halted insolvency proceedings against defaulters in the power, sugar, shipping and textile sectors, providing relief to borrowers hours before the deadline for referring them to insolvency
Oil on the boil – The Hindu BusinessLine
While some factors are global, levies can be cut and pricing made more transparent With global crude oil now at almost $80 a barrel, petrol
Banks have to take up to 50% haircut on stressed debt of Rs 50,000 cr under ICE framework: Study – The Hindu BusinessLine
With stressed debt of over Rs 50,000 crore under the independent credit evaluation (ICE) framework, banks have to take a haircut in the range of
politics of economy | अर्थकारणाचे राजकारण – Maharashtra Times
अर्थकारणाचे राजकारण बँकांच्या बुडित कर्जांबाबत रिझर्व्ह बँकेचे माजी गव्हर्नर रघुराम राजन यांनी केलेल्या विवेचनावरून चाललेली राजकीय चिखलफेक दुर्दैवी आहे. कळीच्या विषयावरही कुरघोडी करण्यातच धन्यता मानण्याची ऱ्हस्वदृष्टी राजकीय
Lessons unlearnt: Raghuram Rajan’s explanations for NPA crisis provide a template for banking reforms–Times of India
Raghuram Rajan, governor of RBI between 2013 and 2016, has triggered a political debate between Congress and BJP while communicating his views on India’s bad
Why burning oil, melting rupee should not worry India – The Economic Times
By Swaminathan S Anklesaria Aiyar The Bharat Bandh called by Congress and sundry opposition parties, to protest against rising fuel prices and a falling rupee, represents the sad populism common
Rupee: Rupee at record low puts RBI under pressure to curb market rout – The Economic Times
By Anirban Nag India has a currency problem and it’s not going away anytime soon. A current-account deficit at a five-year high, elevated oil prices
Still not too late to look at NRI bonds to save rupee – The Financial Express
Allowing FDI in multi-brand retail, for instance, has the potential to bring in several billions of dollars immediately since, right now, several MNC retailers are
NPA: Power projects heading to NCLT may get to retain fuel supply pacts – The Economic Times
It is estimated that 60,000-65,000 mw of about 75,000 mw operational coal- based power capacity in the private sector may be under financial stress. Stressed
Rajan’s mantra to rein in NPAs includes a closer examination of Mudra loans | Business Standard News
In his reply to a parliamentary panel questionnaire on bank NPAs, or non-performing assets, former Reserve Bank of India (RBI) governor Raghuram Rajan has prescribed
NPA uncertainty deepens | Business Standard Editorials
On Tuesday, the Supreme Court issued an order staying further moves against the distressed power sector by its creditors. It also transferred all the pleas in various
An election-year syndrome | Business Standard Column
India’s macroeconomic fundamentals have a tendency to get worse about a year before the general elections. This may be a recent trend and there is also no causal connection
Rupee tantrums – The Hindu BusinessLine
The focus should be on long-term reforms to plug the current account gap With the falling rupee and rising fuel prices turning into a burning
Indian stocks are expensive; rupee can hit 100/$: Marc Faber | Business Standard News
Marc Faber Oil prices, trade war fears and a plunging rupee has somewhat derailed the equity market rally in India over the past few weeks. MARC FABER, Editor
Cause for caution: On India’s GDP growth – The Hindu
India’s GDP growth continues to be powered by consumption, not investments A question being raised about the GDP estimates for the first quarter of this
India, the fastest growing major economy, is sitting on a wobbly throne – The Economic Times
By Anirban Nag and Vrishti Beniwal India’s world-beating economic growth is running up against some big risks: high oil prices, emerging market stress as the
Rupee plunges to record low as current account deficit widens to 5-yr high | Business Standard News
The Indian rupee and bonds sunk after the current-account deficit widened to the most in five years, as an emerging-market rout raises investor scrutiny of
Can the rupee fall be controlled? – The Hindu BusinessLine
Hedging oil contracts and addressing export finance hurdles will help. The RBI should articulate its view on the rupee The fall of the rupee has
RBI: India worried about rupee drop, mulls tapping NRIs – The Economic Times
A cut in taxes on petrol and diesel is ruled out for now as neither the central government nor some states have the appetite to
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