Banks moved the National Company Law Tribunal (NCLT) on Wednesday for insolvency proceedings against more companies. Compared to an earlier list of 12 large corporate
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2017: A year of troublesome twins | Business Standard Column
Over the past year, two pairs of twins have dominated economic developments in India. The first refers to the “twin shocks” of demonetisation (Demon for
Of recapitalisation and resolution of NPAs | Business Line
Even as bail-in won’t work in the Indian banking system, extra vigilance is called for to track the path of lending decisions The Reserve Bank
RBI’s inflation fears, caution were justified
Reserve Bank governor Urjit Patel showed prescience by keeping interest rates unchanged in recent monetary policy announcements as he wanted to see how inflation played
Demonetisation had little to do with corruption: Former chief economic adviser Kaushik Basu – The Financial Express–15.12.2017
Slamming demonetisation, former chief economic adviser Kaushik Basu today said it was not a targeted approach to deal with corruption. “The economy has slowed down
Council may bring petrol, real estate under GST in future: Sushil Modi | Business Standard News
All powerful GST Council will consider bringing electricity, petroleum products and some other items under the ambit of GST in future, Bihar Finance Minister
GST Council to take call on e-way bill in Saturday meet | Business Standard News
After reducing tax rates on over 200 items in the last meeting, the goods and services tax (GST) Council is set to meet again on
Growth for job creation | Business Standard Column
Job creation is considered to be the most serious development challenge that India faces. It is a major source of contention in the political space.
NPA mess: Govt asks banks to reveal asset quality review impact | Business Line
The government has signalled that it will leave no stone unturned in cleaning up the banking system. It has now asked banks to disclose the
Revival risks: On economy woes – The Hindu–15.12.2017
The Centre’s bid to dispel the pall of gloom over the economy has been helped in recent weeks by a sovereign rating upgrade from a
Government to replace GST ordinance with bill – The Financial Express
The GST Council in its 20th meeting held in August had recommended an increase of 10 per cent to 25 per cent in the maximum
Stressed assets cases: Do not allow promoters to bid in NCLT; why did they not pay up if they could? – The Financial Express
Media reports suggest the government may remove the blanket ban on corporate guarantors of failed businesses bidding for stressed assets during the resolution process; the
Foreign Trade Policy: More than sops, promote exports as growth engine – The Financial Express
The recent mid-term review of foreign trade policy (FTP) promises to scale up exports, as the government believes exports are the engine of growth, and
Credit Rating: Forget credit rating, your social media posts may decide whether you will get a loan or not – The Economic Times–13.12.2017
The credit information bureaus are operating with specified legal framework and have well-defined work. Loan officers at Kotak Mahindra Bank are spending more time in
thirdwatch: Catch me if you can: For ecommerce fraudsters it may be the end of the game – The Economic Times
Despite having multiple checks and balances in place, etailers continue to regularly fall prey to the machinations of fraudsters. Name of the Company: ThirdWatch Name
India, China rising even as West slows down; Meghnad Desai explains why this great transformation happened – The Financial Express
Income growth rates are also low in the Eurozone and the UK. The US seems to be in a state of full employment, low inflation
Forget debit cards, use UPI; even as retailers slam RBI merchant discount rates, here is way forward – The Financial Express
Given how wafer-thin retailer margins are—often 3-4%—it is not surprising retailers are up in arms against the central bank’s latest guidelines on merchant discount rates,
Define, not shun, global e-commerce–Economic Times–12.12.2017
At the WTO Ministerial in Buenos Aires, India is reportedly blocking moves to put in place rules for e-commerce. This is wrong. Global e-commerce rules
Financial stability, inclusion go together, says former RBI Governor Bimal Jalan – The Financial Express–12.12.2017
Programmes of financial inclusion are part of the larger financial system, the stability of which is essential to the success of the inclusive initiatives, a
IBC auctions: Stressed unlisted firms may get tax incentives | Business Standard News
Transfer of shares of unlisted stressed companies at a price below its fair market value might soon be exempt from the tax net, according to