In a development that takes it closer to averting bankruptcy proceedings, Reliance Communications (RCom) has secured approval of its overseas bondholders for the revised terms.
Category: Merits back reference
Look beyond GDP numbers: The broader India story does not shine as much | Business Standard Column
The manner in which the two leading political parties got into a tizzy over some new numbers on growth of gross domestic product (GDP), put out by
Will do ‘whatever it takes’ for US economy, says US Fed chief Jerome Powell | Business Standard News
Avoiding any direct reference to President Donald Trump’s renewed criticism of the Federal Reserve’s handling of the economy, Fed chief Jerome Powell said on Friday the central
End dual control of PSBs, says Reddy – MONEY & BANKING – The Hindu BusinessLine
YV Reddy, former Governor of the Reserve Bank of India, on Thursday called for putting an end to the ‘dual control’ of public sector banks.
Rupee depreciation: Fall collection unveiled–Economic Times
By Rana Kapoor The rupee has generated significant degree of media attention in the last few months, with the currency touching a record low of
US Federal Reserve to continue gradual rate hikes to manage potential risks – The Financial Express
US Federal Reserve Chair Jerome Powell has reiterated that the central bank will stick to the strategy of gradual rate hikes to manage potential risks
Well just to be fair, Indian authorities have brought down the fiscal deficit: Raghuram Rajan – The Financial Express
Former RBI Governor Raghuram Rajan has said that the rupee has not depreciated to ‘too worrying levels’, though the government needs to take care of the widening current account
More financial scams in the offing, says West Bengal FM Amit Mitra | Business Standard News
West Bengal Finance Minister Amit Mitra has termed the rising non-performing assets (NPAs) in the economy as a “serious crisis”. “Macroeconomic scenario of the banking
IBBI cancels registration of an IP for contravention of insolvency process – NEWS – The Hindu BusinessLine
In the first ever instance of ‘harshest punishment’ on an insolvency professional (IP), the insolvency regulator, IBBI, has cancelled the registration of Mukesh Mohan, for
Why Donald Trump is pressuring the Federal Reserve on rates | Business Standard Column
Modern macroeconomics places great value on the idea of an independent central bank. Sitting above and apart from the political fray, wise central bankers are
एनपीए आणि राजन – Maharashtra Times
बँकांमधील वाढत्या थकीत कर्जाचा (एनपीए) अभ्यास करणाऱ्या संसदीय समितीने रिझर्व्ह बँकेचे (आरबीआय) माजी गव्हर्नर रघुराम राजन यांना पाचारण करण्याचा घेतलेला निर्णय, ही राजन यांच्या गुणवत्तेची
How should firms prepare to deal with intra-company services under GST? | Business Standard News
Why is corporate India in a tizzy over the ruling by the Authority for Advance Rulings, Karnataka, in the Columbia Asia Hospital case? Sudipto Dey finds out. What is
Public credit registry will widen credit, improve quality: RBI DG – The Economic Times
Acharya quoted the World Bank’s Doing Business 2018 report saying that 44 countries had both a PCR and PCBs while 52 counties had only a
RBI can’t be on bank boards – Here is why – The Financial Express
As a regulator, the central banks must have the right to decide whether or not it wants RBI executives to be directors on the boards
बोलणाऱ्याची बोरे | Loksatta [ Economy ]
रिझव्र्ह बँक आणि सांख्यिकी विभागाच्या अहवालांनी मोदी सरकारची वातावरणनिर्मिती आणि प्रत्यक्ष वास्तव यातील तफावत समोर आली. प्रचार आणि वास्तव समजून घेण्यासाठी ताजे दोन अहवाल महत्त्वाचे
Why Gurumurthy & RBI are a mismatch–Economic Times–
The quality of mercy, we know, is not strained, that is, forced. Can the quality of success be stretched? Does success in one field qualify
Take realistic view of loan losses: Govt tells banks – The Economic Times-R
Banks should take a realistic view for their loan losses appearing out of insolvency proceedings that resolve bad loans in a time bound manner, said senior government officials.
Cheering numbers: GST imparts a big push to Income Tax base – The Financial Express
According to official data, e-returns of 3.43 crore were filed between April 1 and July 31, 2018, compared with 2.24 crore in the year-ago period.
For quick loan decisions, consortiums to get slimmer, says SBI Chairman – MONEY & BANKING – The Hindu BusinessLine
To ensure that there is no delay in decision-making on loans, the banking system is looking at reducing the number of members in a consortium
All you wanted to know about… – OPINION – The Hindu BusinessLine
The latest exploit from Elon Musk, the much-adored CEO of electric vehicle maker Tesla, has landed him in hot water with the US regulator, market