The National Company Law Tribunal (NCLT) here Wednesday deferred hearing to December 10 on petitions filed by close to 30 operational creditors of Essar Steel
Category: May Look At Leisurely
IBC forces companies to settle Rs 1.2 lakh crore debt out of court
The threat of promoters losing control of their company or a protracted legal proceedings under the new Insolvency and Bankruptcy Code (IBC) is forcing many
‘IBC segregates judicial, commercial aspects of insolvency’
It is going to be 17 months since Reserve Bank of India (RBI) had first asked the banks to take the 12 big loan defaulters
‘IBC segregates judicial, commercial aspects of insolvency’
The Insolvency and Bankruptcy Code has segregated judicial and commercial aspects of the insolvency process whereby stakeholders have the right to decide on what suits them, IBBI
DeMo: govt can’t hide truth anymore | Deccan Herald
When the government withdraws a report it had submitted to a parliamentary panel and replaces it with another report that directly contradicts the first one,
GDP back series row: ET Exclusive: MoSPI, NITI Aayog’s collaboration for GDP back series not inappropriate, says Rajiv Kumar – The Economic Times
By Rajiv Kumar The base year of national accounts statistics (NAS) is periodically revised to account for the structural changes that have taken place in the economy
Black Money: Demonetisation was ineffective in checking black money: Former CEC OP Rawat
After former Chief Economic Advisor Arvind Subramanian’s comments on demonetisation, now recently-retired Chief Election Commissioner Om Prakash Rawat has said that note ban was ineffective in checking
CAD may widen to 3% in September quarter on higher crude prices, gold imports: ICRA – The Economic Times
India’s current account deficit is likely to rise to 3 per cent of GDP in the July-September quarter of current fiscal, from 2.4 per cent
Potential unemployment rate 8.9% in November 2018 | Business Standard Column
Labour market metrics improved a tad in November 2018 compared to their levels in October 2018. But, in essence they remain dismal. The unemployment rate was lower
G20 avoids commitment on free trade – a climb-down from 2017 | Business Standard News
The G20 meeting that concluded over the weekend was significant as it elicited hopes of a resolution of the ongoing and intensifying US-Sino trade war, which in
Growth conundrum – The Hindu BusinessLine
Private consumption seems to be slowing just as investments are picking up India’s latest GDP print pegging growth at 7.1 per cent for the second
What’s keeping the farm sector grounded – The Hindu BusinessLine
It is hit by poor implementation of policies, lack of a holistic approach, and limited understanding of issues facing the sector The government is under
Trouble ahead: Rural demand set to shrink – The Financial Express
In case of pulses, overproduction in the last few years has actually led to high levels of stocks being created. A theme which is played
New Hindu growth rate of 7%: Serious policy reforms needed to break away – The Financial Express
The central bank must take steps to ensure small businesses, in particular, aren’t starved for funds. The economy has grown at a very disappointing 7.1%
Slowdown signals: on Q2 growth estimates – The Hindu
Growth estimates for the second quarter show the challenge of shoring up rural demand The growth estimates for the July-September quarter from the Central Statistics
Charge of jobless growth during NDA regime ‘spurious’: Niti Aayog vice-chief Rajiv Kumar – The Economic Times
Terming the criticism of jobless growth during the NDA government as ‘spurious,’ Niti Aayog vice-chairman Rajiv Kumar has said that 70 lakh jobs were created in the
Hope revives: GDP headline number was disappointing but investment revival augurs well
Gross domestic product data for the second quarter of 2018-19, which was released last week, had a sobering message. The growth rate dipped to 7.1%
The GDP fiasco | Business Standard Editorials
India’s economy expanded at a disappointing pace of 7.1 per cent in the second quarter (July-September) in sharp contrast to 8.2 per cent growth in
IBC may need tweaks in provisions to iron out operational issues: Experts | Business Standard Column
A slew of petitions from a clutch of aggrieved operational creditors is currently before the Supreme Court. Arguments for and against the RBI circular that pushed several power companies
Strengthening the IBC | Business Standard Editorials
One of the concerns about the Insolvency and Bankruptcy Code (IBC) has always been how well it will stand up to legal tests. The National Company Law Tribunal (NCLT),
