At least four credit rating agencies are being probed by the Serious Fraud Investigation Office (SFIO) for their role in rating the debt instruments of
Category: News of interest
वाचकांना माझ्या दृष्टीने महत्वाच्या वाटणाऱ्या बातम्या देण्याचा प्रयत्न केला आहे –ज्या source मधून ह्या बातम्याचे विवरण केले आहे त्या त्या source चे नाव व लिंक दिली आहे. ही लिंक क्लिक केल्यानंतर वाचकांना मूळ source मधील बातमी सविस्तर पणे वाचता येईल. तसेच नंतरही कधीही या बातम्या वाचता येतील त्यासाठी search option किंवा calender चा पर्याय निवडून बातमी वाचता येईल –उद्देश सर्वच बातम्या –रोजच –सविस्तर वाचणे कधी कधी शक्य नसते अशा वेळेस नंतर देखील अशा महत्वाच्या बातम्या वाचता याव्यात–असा उद्देश आहे. — डिसेंबर २०१६ च्या आधीच्या अशा तऱ्हेच्या Latest Post या category खाली दिल्या आहेत. —ही website कोणत्याही आर्थिक मोबदला मिळावा म्हणून सुरु केलेली नाही. तसेच सर्व प्रयत्न परिपूर्ण आहेत असाही दावा नाही. पण काही तरी उपयोगी करून दाखवण्याचा मात्र उद्देश जरूर आहे. सुधारणा सुचवून वाचकांनी माझ्या प्रयत्नात सामील व्हावे अशी विनंती आहे–
Anil Ambani: Anil Ambani’s RCom’s bankruptcy begins; next hearing on May 30
The Mumbai bench on May 7, also had directed the existing RP to file a progress report by May 30 when it will hear the
funding for sme: Offer up to Rs 1 cr overdraft to MSMEs on turnover reported in GST returns: ICICI Bank – The Economic Times
ICICI Bank aims to bring in more digitised services for the MSME sector, enabling quicker payment transactions, less paperwork and faster reconciliation solutions. Pankaj Gadgil, Head
Danger signals on the world economy
Markets are down, not just in India but around the world, thanks to a fresh boost to trade tensions between the US and China, Iran’s
Narendra Modi: Could the single engine driving India crash? Yes, if you go by one of Modi’s top guys
Roy said that the 10 crore Indian consumers who have so far been powering the India’s growth story are now beginning to plateau out. Highlights
GDP data debate: Economists create own benchmarks as doubt on numbers stays – The Financial Express
The government itself has admitted there are deficiencies in its data collection. Economists and investors are increasingly showing that they have little or no confidence
With the demonetisation boost gone, reality check for tax regime – The Financial Express
Of the 6.68 crore e-returns filed for income tax in FY19, 6.49 crore were for FY18; hence the 19% growth claim. After analysts at Kotak
Jet Airways crisis: MCA orders SFIO probe into airlines’ books over siphoning of funds – The Financial Express
The MCA also wants a probe as to how Jet suddenly turned in a loss in FY18 after posting a profit for a couple of
MCA, IL&FS move SC to seek vacation – The Financial Express
At present, IL&FS group companies, with a collective debt of over Rs 90,000 crore, are going through resolution process. The ministry of corporate affairs and
Jaypee Infratech case: CoC asks NBCC for clarifications on exit clauses, financing – The Financial Express
NBCC sought relief from taking consent of YEIDA for any business transfer between JIL and Yamuna Expressway SPV for transfer of assets as well as
Financial institutions set to realise Rs 80,000 cr from IBC in FY20: Icra – The Financial Express
During the last financial year, cases resolved under the IBC include Electrosteel Steel, Monnet Ispat Ltd and Amtek Auto Ltd. Banks and financial institutions are
RCom: IRPs of RCom, two units told to submit progress report – The Economic Times
The bankruptcy court has directed interim resolution professionals (IRPs) of Reliance CommunicationsNSE 4.76 % (RCom) and its two units to submit a progress report on the Corporate
Allegations against the CJI: Misuse of power and no procedural fairness | Business Standard News
On the 19th of April this year, a former employee of the Supreme Court’s registry, forwarded a detailed affidavit to the Judges of the Court
GST chink likely to increase input tax credit of real estate companies | Business Standard News
A recent clarification by the indirect tax department may leave a loophole in the goods and services tax (GST) system by enabling the real estate companies to
India needs to rework its US strategy – The Hindu BusinessLine
Thanks to Trump administration’s hardline stance on trade and Iran sanctions We’ve come a long way from when Prime Minister Narendra Modi arrived at the
Banks must turn towards global trade-finance instruments: RBI – The Hindu BusinessLine
The overdependence of local banks on overseas branches through less standardised instruments limits the scope of trade-credit operations Banks need to expand their global banking
आपले ठेवावे झाकून.. | लोकसत्ता
एकदा माहिती अधिकार दिल्यानंतर गुप्ततेचा दावा अयोग्य असे सर्वोच्च न्यायालयाचे म्हणणे. मग स्वत:विरोधातील अहवाल जाहीर करण्यास काय प्रत्यवाय? कथित लैंगिक दुर्वर्तनाची चौकशी करण्यासाठी नेमलेल्या तीन
तोंडघशी |लोकसत्ता
मराठा आरक्षणाच्या निर्णयावर सरकारला पत्करावा लागलेला पराभव तांत्रिक असला, तरी त्यामुळे प्रवेशांचा पेच वाढणार आहे.. अनधिकृत इमारती आणि वैद्यकीय पदव्युत्तर प्रवेशात मराठा समाजास आरक्षण यांत
India GDP: NSSO bomb shatters the calm on GDP front, new series data now under darker cloud–Economic Times
Statisticians said the use of untested database for computing such major data has cast doubts on the very reliability of India’s numbers regime. The contentious
Credit rating agency: Zee, IL&FS, DHFL, RCom…: How rating agencies have let us down repeatedly – The Economic Times
Rating agencies are also sometimes cautious in downgrading instruments simply because it becomes ‘self-fulfilling’. Recent events raise questions about the effectiveness of credit rating agencies (CRA) in