A decisive mandate for the National Democratic Alliance (NDA) on Thursday has raised expectations of a higher pace of economic reforms. Coming a day after the United Nations (UN)
Category: News of interest
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FinMin prepares 100-day agenda for new government; focus on boosting economy, investment – The Economic Times
Macroeconomic stability will guide India’s high growth trajectory. With the Lok Sabha election process coming to an end, the finance ministry has prepared 100-day agenda for the
Jaypee Infratech lenders start negotiations on NBCC’s bid as per NCLAT order – The Economic Times
Jaypee Infratech went into insolvency process in 2017 after the National Company Law Tribunal (NCLT) admitted an application by an IDBI Bank-led consortium seeking resolution
Joint bid for Jet Airways innovative but complicated: Experts – The Economic Times
With conventional solutions remaining elusive for the grounded Jet AirwaysNSE 4.41 %, industry experts see a joint bid for the airline by strategic and financial investors
Want to treat depression faster? New nasal spray more effective than anti-depressants – The Economic Times
NEW YORK: A new nasal spray has been found effective in treating people with depression who are often unable to relieve their symptoms despite trying other anti-depressants, says a
Some banks make record provisions against bad loans – The Economic Times
Banks have used the past one year to improve their provision coverage ratio (PCR) as they clean up their books and strengthen balance sheets amid a
E Commerce –Digital Trade–New Delhi isolated | Business Standard Editorials
E-commerce and digital trade are likely to be among the biggest value creators in economies — and particularly for the Indian economy. In fact, much of the recent investment
GST: View: New government should hit the ground running on reforming the GST–Economic Times
By VS Krishnan The goods and services tax (GST) will require attention from the new government that comes in later this week. First, GST must improve its
black money: SC stays Delhi HC order disallowing black money law to operate retrospectively – The Economic Times
The bench issued notice to Khaitan and asked him to file his response to the government’s petition within six weeks. The Supreme Court Tuesday stayed
Irrespective of which party gets power, next govt to focus on land, labour reforms, export promotion, says Goldman Sachs report – The Financial Express
Land and labour reforms, privatisation and export promotion would be at the top of agenda of the new government irrespective of which party or coalition
RERA progress calls for applause, but there are areas that need to be fixed – The Financial Express
The Real Estate (Regulation and Development) Act (RERA), 2016, came into force in its entirety on May 1, 2017. Kapil Kumar Sharma The Real Estate
IL&FS board begins claims management for 70 group firms as part of resolution plan – The Financial Express
In 2018, IL&FS and subsidiaries defaulted on their short-term and long-term debt obligations to the tune of Rs 91,000 crore. The government-appointed board of the
IBC has passed many litmus tests, will continue to weather storms – The Financial Express
The NCLT started functioning with scant infrastructure. Established out of a vacuum, the NCLT had no institutional experience. Lack of closure in many insolvency cases
The way ahead for dealing with NPAs – The Hindu BusinessLine
Setting up an ARC to take over sticky loans is the best bet. It will also reduce the government’s bank recapitalisation burden The new government
A one-sided justice | The Indian Express
Though the sitting was unprecedented and extraordinary, what is even more unprecedented and extraordinary is that the record of proceedings did not indicate the presence
Rajiv Kumar: We need to get NBFC, HFC sector back on its feet: Rajiv Kumar, Niti Aayog – The Economic Times
Focus more strongly on agro processing exports, tourism, health and education to create more employment for our young people, said Rajiv Kumar, Vice Chairman, Niti Aayog, in
View: The mystery of India’s vanishing working capital – The Economic Times
by Andy Mukherjee Ask any small Indian firm how long it takes to get paid by larger companies, what kind of a runaround they’re given,
GST Council may consider national bench of AAAR next month; move to give certainty to taxpayers – The Economic Times
The GST Council was scheduled to discuss it in its meeting in July 2018. However, the council did not arrive at a decision on the
Have trouble dozing off? Cutting smartphone usage can reverse sleep problems in a week – The Economic Times
LONDON: Limiting exposure to blue-light emitting devices such as phones and laptops in the evening for just a week can help teenagers improve their sleep
ArcelorMittal to pay Rs 42,000 crore for Essar Steel takeover: Company tells NCLAT – The Financial Express
Global steel major ArcelorMittal Monday told the National Company Law Appellate Tribunal (NCLAT) that it would pay Rs 42,000 crore, including a minimum of guarantee
