Former Reserve Bank Governor Raghuram Rajan Monday hoped that the rupee will not go in for a free fall as the central bank is appropriately raising interest rate to
Category: RBI–Banks
Power NPA case: SC transfers all pleas filed in different HCs to itself | Business Standard News
In a relief to power companies, the Supreme Court on Tuesday transferred all pleas filed before different high courts to itself in power NPAs case. The apex
Trade-deficit woes drag rupee to new lows – The Hindu BusinessLine
The free-fall in the Indian rupee continues. The rupee remained under pressure all through the week and tested the psychological level of 72 last Thursday.
The Bankruptcy and Insolvency Code could set ‘naamdars’ straight | columns | Hindustan Times
The prime minister’s recent statement blaming the crisis in the banks on naamdars, or influential people, arranging loans for industrialists by phoning a bank reminds
Black to white magic – The Financial Express
According to the RBI, currency in circulation on October 28, 2016 (before demonetisation), was of the value of Rs 17,54,022 crore. Demonetisation is done but
NCLAT clears NuMetal and Vedanta’s bids for Essar Steel – The Hindu BusinessLine
The National Company Law Appellate Tribunal (NCLAT) on Friday ruled that Numetal’s ₹37,000-crore second-round bid for Essar Steel is valid, but asked rival bidder ArcelorMittal
Monetary limit for filing cases in DRT doubled to Rs 20 lakh – The Hindu BusinessLine
The government Thursday doubled the pecuniary limit to Rs 20 lakh for filing loan recovery application in the Debt Recovery Tribunals (DRT) by banks and
NCLT gives Lanco Teesta 90-day extension for insolvency resolution – NEWS – The Hindu BusinessLine
The National Company Law Tribunal (NCLT) Hyderabad has extended by 90 days the deadline for Lanco Teesta Hydel Power’s(LTHPPL) corporate insolvency resolution. The insolvency petition
NCLAT to deliver verdict on Numetal, ArcelorMittal in Essar case today | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) will deliver its order on issues relating to the eligibility of Numetal and ArcelorMittal, the two bidders for Essar Steel
तेल मारी त्याला.. | Loksatta
रुपया कधी नव्हे इतका गटांगळ्या खाण्यामागील आणि इंधन दरवाढीचा भडका वाढतच जाण्यामागील कारणे सरकारकडील महसुलाच्या अभावापर्यंत येतात.. रुपया म्हणजे केवळ कागज का टुकडा नसतो तर
Rupee: Dear Mr FM, please act: Here is how the rupee plunge is hurting – The Economic Times
The pace of rupee’s fall against the dollarNSE -0.43 % has stunned both economists and analysts, who have been finding it difficult to gauge the real impact
Amrapali Group: Supreme Court allows Corporation Bank to move NCLT for claims against Amrapali Group – The Economic Times
The bench said “permission is granted” to the bank to move to NCLT so that its claim did not become time barred. The Supreme Court
Bhushan Power & Steel: Bhushan Power lenders allowed JSW Steel to change parameters of bids: Tata Steel – The Economic Times
A two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya has listed the matter on September 24 for next hearing. Tata SteelNSE 0.99 % Thursday
India has enough forex reserves for a rainy day, RBI has space to burn up to $30 billion more – The Financial Express
They have fallen below the last 10-year average but RBI has space to burn up to $30 billion more. As FX assets start to fall
Rupee breaches 72 mark against dollar for the first time; RBI intervenes | Business Standard News
The rupee crossed the 72-a-dollar mark on Thursday, but retreated on intervention by the Reserve Bank of India (RBI). The currency fell to 72.07 a dollar in intra-day trade, but closed
The fuzzy impact of demonetisation – The Hindu BusinessLine
DeMo does not seem to have impacted black money hoards. It may, however, lead to improved tax compliance in the long run The recently released
With IBC the preferred route for debt recovery, NCLTs are snowed –The Hindu BusinessLine
The average haircut that lenders take under the Insolvency and Bankruptcy Code (IBC) is at 51 per cent so far, and the process has emerged
Rupee devaluation: How government should deal with falling rupee – The Economic Times
In 2013, the rupee had fallen 23% between Feb and Aug. In 2018, the fall is 11% between Jan and Sept. The rupee was falling…
Rupee: Mechanics of rupee fall: There is more to it than what meets the eye – The Economic Times
The fact that the rupee overvaluation is now getting corrected in REER terms is positive. The recent steep depreciation of the rupee has created headlines. Though the
Global factors behind rupee fall, no need for knee-jerk reaction: Arun Jaitley – The Economic Times
Finance Minister Arun Jaitley Wednesday attributed the fall in rupee to global factors and said there was no need for panic or knee-jerk reactions. He further said
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