With defaulters themselves triggering the proceedings, resolution could happen faster Essar Steel tried to stay insolvency proceedings against it by moving the Gujarat High Court.
Category: Economy
Scratching the surface | Business Line–24.07.2017
Speedier default resolution is welcome, but structural issues need to be addressed to prevent a recurrence of the problem Such has been the concern over
Blighted by a neoliberal vision | Business Line–24.07.2017
Kate Raworth’s new book, Doughnut Economics- Seven Ways to Think Like A 21st Century Economist, was published to much public acclaim earlier this year. In
Why has pulses sowing gone up? | Business Line–24.07.2017
Contrary to expectations, acreage under pulses has gone up this kharif season. Data from the Ministry of Agriculture on Friday showed an increase in area
Undisclosed income of Rs 71,941 cr found in 3 years: Govt to SC | Business Line–24.07.2017
Massive searches, seizures and surveys by the Income Tax (I-T) department over the last three years have led to the detection of around Rs. 71,941
In informal insurance and savings, we trust | Business Line–24.07.2017
The urban poor need a one-stop shop which absorbs savings and provides risk insurance. Organised finance fails in this respect Much has been said and
Delhi Economics Conclave 2017: Money flow into financial savings increased post note ban: Viral Acharya–Economic Times–23.07.2017
Post demonetisation, there has been a visible channelising of money towards financial assets like insurance and mutual funds, Reserve Bank of India (RBI) Deputy Governor
India’s cotton textiles export down 10% in 3 years: Government – The Financial Express–23.07.2017
The cotton textiles export comprises cotton yarn, other textile yarn, fabric, madeups articles, cotton raw waste and cotton fabrics and madeups, which include products like
Cleaning of banks’ balance sheet top priority: Acharya | Business Line–23.07.2017
Banks are saddled with non-performing assets (NPAs) of over Rs. 7 lakh crore. According to the government, NPAs have reached unacceptably high levels and need
Hindustan Zinc: Strong prospects getting priced in | Business Standard News–23.07.2017
Hindustan Zinc’s performance in the June quarter may have been softer than its record March quarter numbers with zinc and lead prices seeing some correction
Why it will be hard for RBI to not cut rate in August policy review–Economic Times–22.07.2017
Overall, given the not-so-adverse global environment and benign inflation trajectory, it will be very difficult for RBI to provide a rationale for not easing in
One out of four is not a good score | Business Standard Column–22.07.2017
The Modi government completed three years in office in May this year. The customary assessments followed. They were all made in the aftermath of the
Don’t invest less only because inflation is low | Business Standard News–22.07.2017
Consumer Price Index (CPI)-based inflation was down to a record low of 1.5 per cent in June, from 2.2 per cent the previous month. CPI
GVK Power, JP Associates, Welspun Corp, HEG hit 52-week highs | Business Standard News–22.07.2017
GVK Power & Infrastructure, Jaiprakash Associates, Welspun Corp and HEG hit their respective 52-week highs, trading higher by up to 20% on BSE in otherwise
Economic Survey-II to tone down criticism of RBI | Business Standard News–22.07.2017
The tabling of the 2016-17 Economic Survey Part II in Parliament is delayed as top decision makers in the government asked Chief Economic Advisor Arvind
CAG, CSE rap crop insurance plans | Business Standard News–22.07.2017
Government-pushed insurance schemes have achieved little and only benefited entities in the sector, the office of the Union comptroller and auditor general (CAG) has concluded,
Rahul Bajaj: Rahul Bajaj questions note ban, but praises GST–21.07.2017
Bajaj AutoBSE -0.22 % chairman Rahul Bajaj questioned whether demonetisation had achieved its aims while applauding the government for implementing the goods and services tax
Bounty for the fiscal, iffy gain for oil–Economic Times–21.07.2017
The Cabinet nod for ONGC to buy out the government stake in the second-largest oil refiner and marketer, HPCL, is a bonanza for disinvestment proceeds
Growth numbers to improve from June quarter, says Morgan Stanley report – The Financial Express–21.07.2017
Strong import growth in June points to continued recovery in India’s domestic demand and indicates that economic expansion will accelerate from the April-June quarter, says
GST impact on economy: ADB says medium term growth in India set to get boost | Financial Express–21.07.2017
The goods and services tax is expected to boost growth in the medium term The Asian Development Bank (ADB) has retained its earlier growth forecast
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