The State Bank of India (SBI) will conduct an e-auction of 11 bad loan accounts on November 7 to recover dues of Rs 466.49 crore. In terms
Category: News of interest
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How to defuse the co-operative bomb | Business Standard Column
The government is ready to bring in changes in the laws governing multi-state co-operative banks. A three-member committee is being set up to look into
Finding solution to GST conundrum | Business Standard Column
In a recent meet at Pune, the Finance Minister asked the participants not to damn the goods and services tax (GST) as it is the
FRDI Bill should focus on speedy resolution of stressed financial firms | Business Standard Column
The vacuum in the dispute resolution regulatory environment is being felt as policymakers and regulators grapple with the stress in the cooperative banking system in
From land acquisition to canal project case, here’re the key court orders | Business Standard Column
Builders in the dock over land acquisition The Supreme Court last week prevented the attempt of builders who buy land cheap from farmers after the
Uncertainity of one case does not reflect true efficiency of IBC: FM | Business Standard News
Finance Minister Nirmala Sitharaman has said that uncertainty arising out of one case should not be generalised about the efficiency and effectiveness of Insolvency and Bankruptcy Code. Sitharaman
The IBC process should not be derailed by past promoters’ sins – The Hindu BusinessLine
The National Company Law Appellate Tribunal (NCLAT) must be commended for taking a stand against the Enforcement Directorate’s (ED) attempts to attach properties of Bhushan
We will be back to the growth rate we deserve in near future, says CEA Subramanian – The Economic Times
he demand for credit is pretty okay. If fundamentals had changed drastically, then demand would have been very, very low, says KV Subramanian, Chief Economic Advisor.
DHFL exposure: RBI rejects banks’ ‘Trust’ proposal – The Economic Times
There is an impasse over the resolution plan for the mortgage lender as several mutual funds are refusing to sign the intercreditor agreement. The Reserve Bank
Let Centre’s fiscal deficit slip a little–Economic Times
Indian policymakers do not need downward revisions of their growth forecast for India by the IMF and the World Bank to know that growth for
DHFL crisis: SBI, BoB, UBI to move HC seeking rights to pool repayments – The Financial Express
Three public sector banks (PSBs) may soon move the Bombay High Court (HC) for a clarification on the moratorium on repayments by Dewan Housing Finance
Explained: India’s economic slowdown and growth projections – The Financial Express
Industrial production contracted 1.1% in August, the worst performance in almost seven years. Given the fact that the economy grew 5% in the three months
IMF backs India’s corporation tax cut, says it will help revive investment | Business Standard News
The International Monetary Fund on Friday supported India’s recent decision to reduce corporate income tax, saying it has a positive impact on investment. It, however, said India
India to take more steps to boost consumer demand, growth: CEA Krishnamurthy Subramanian – The Economic Times
India plans to take more steps to boost consumer demand including injecting liquidity through banks and simplifying personal taxes, a top government economic adviser said
Many companies in a fix as working capital may be stuck due to a GST regulation – The Economic Times
Many companies could face a stress on their working after a Goods and Services Tax (GST) regulation may lead to hundreds of crores stuck in input tax credit claims.
Companies under NCLT asked to inform about export liabilities – The Economic Times
Companies that are under the adjudication proceedings before the NCLT have been directed to inform the Directorate GeneralNSE -4.75 % of Foreign Trade (DGFT) about their outstanding
GST: Dealing in international trade? You may not be classified as exporter–Economic Times
By Archit Gupta One of the important decisions taken in the 37th GST Council meeting held on September 20, 2019 was that GST will not apply to intermediaries dealing
Many companies in a fix as working capital may be stuck due to a GST regulation – The Economic Times
Many companies could face a stress on their working after a Goods and Services Tax (GST) regulation may lead to hundreds of crores stuck in input tax credit claims.
India Economy | The Sitharaghuraman show: Dear FM, economy needs corrective action, not blame game–Economic Times
By Mythili Bhusnurmath Former RBI governor Raghuram Rajan has a rare knack for wading into controversy, whether in office or out of it. Appointed by the UPA government, he
Brexit basics: What is Brexit and why does it matter? – The Economic Times
The United Kingdom is due to leave the European Union at 2300 GMT on Oct. 31. Below is an explainer of the Brexit basics: BREXIT? A blend
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