The Rajya Sabha on Wednesday witnessed a heated debate on the current economic scenario with opposition parties taking on the government on a range of
Category: News of interest
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Relief to firms! SC strikes down ‘automatic stay’ for arbitral awards – The Financial Express
A Bench led by Justice RF Nariman while striking down Section 87, as inserted by the 2019 Amendment Act, said that the provision was “manifestly
Chandra’s exit from Zee is an example of how to handle crisis with dignity | Business Standard News
The ‘so sad’, ‘end of an era’ commentary around Subhash Chandra’s resignation as Zee chairman is misplaced. What makes the 69-year-old Chandra a good entrepreneur — his
The Mudra problem | Business Standard Editorials
On Tuesday, Reserve Bank of India Deputy Governor M K Jain highlighted a dangerous trend: The rising levels of bad debt in the small-scale loans being handed out under the government’s
RBI: RBI red flags rising Mudra bad loans–Economic Times
Reserve Bank deputy governor MK Jain on Tuesday warned bankers about the growing stress in Mudra loans, which has crossed more than Rs 3.21 lakh crore
Yogi Adityanath: UP govt will pay back PF money invested in DHFL: Yogi Adityanath – The Economic Times
Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday said that his government will pay back the Provident Fund money of state power corporationNSE -2.11 % employees invested in the scam-hit DHFLNSE
GST authorities unearth racket involving Rs 140 cr tax fraud – The Economic Times
Fake firms have passed on fraudulent ITC to a range of buyers who have availed the same to discharge their GST liability on outward supplies,
Car Insurance: No depreciation for cars up to 3 yrs, sum insured based on on-road price: IRDAI proposal–Economic Times
The Insurance Regulatory and Development Authority of India (IRDAI), on Monday, proposed changes to the structure of motor insurance policies that can make it simpler. And also,
GST: Purchase without bill may be big GST leakage source–Economic Times
Tax authorities have identified B2C sales as a key source of leakage of goods and services tax (GST) as consumers are often cajoled into paying in cash without
Buoyant Market, Sullen Economy–Economic Times
The stock market has been going up, even as bad news piles up on the real economy. What explains this and what are its implications?
NCLT approves Royale Partners Investment’s bid for EPC Construction – The Economic Times
The bankruptcy court has approved a resolution plan submitted by Mauritius-based Royale Partners Investment Fund for EPC Construction India to revive the company that was previously known as Essar Projects India. The foreign
Inclusion of NBFCs under IBC credit positive for lenders: Moody’s – The Financial Express
The credit rating agency said that it expected the RBI to selectively approach the IBC to resolve NBFIs with severe liquidity or solvency issues or
Are Indian banks out of the woods? Yes, no and the answers in between | Business Standard News
The earnings season is over. As I write this piece, most banks have announced their September-quarter results. Many have surprised observers, surpassing analysts’ profit estimates.
Govt may amend IBC, go for buyer protection and stricter homebuyers’ norms | Business Standard News
The Insolvency and Bankruptcy Code (IBC) is likely to undergo further changes, as sources say the Ministry of Corporate Affairs (MCA) would soon move amendments to the
Karvy crisis: Bankers raise concern with NSE and Sebi over exposure | Business Standard News
Banks and financial companies including ICICI Bank and HDFC Bank have met senior officials of the stock exchanges and raised concern over their exposure to Karvy’s companies, said two
IL&FS: NCLT asks Axis, StanChart CEOs to be present on Dec 16, bankers may seek review – The Economic Times
The tribunal has fixed the next date of hearing on December 16 and asked Chaudhry and Daruwala to be present and noted that both these
Despite demonetisation and RERA, builders still asking for cash – The Economic Times
In most of the land transactions, cash is usually insisted by either parties to avoid the tax incidence. Indians’ love affair with cash purchases shows little signs
Unreliably variable employment numbers–Economic Times
The drop in unemployment rates, revealed by the labour force indicators for urban areas released by the National Statistical Office, should not lull us into
Corporate tax cut, new Fund good for property sector | Deccan Herald
A moot point now, in the residential real estate space, is whether the industry will use the new-found liquidity to bring down prices and piled up
Govt enhanced budget for key MSME marketing schemes in FY20, here’s how much has been spent – The Financial Express
Ministry of micro, small and medium enterprises (MSME) has incurred expenditure of Rs 81 crore out of Rs 274 crore budget earmarked under four schemes
aniltikotekar4sme.com 