In its annual report released on Wednesday for the financial year 2017-18, the Reserve Bank of India (RBI) stated that the current account deficit (CAD)
Category: May Look At Leisurely
IBBI levies penalty on EY partner – NEWS – The Hindu BusinessLine
Insolvency regulator IBBI has slapped a penalty of Rs. 1 lakh on Dinkar T Venkatasubramanian, insolvency resolution professional (IRP) and partner at Ernst & Young
IBC process: Two fresh bids for Nagarjuna after NCLT rejects liquidation | Business Standard News
Two fresh bids have been submitted after the insolvency process for Nagarjuna Oil Corporation (NOCL) ran into controversy. The firm’s committee of creditors (CoC) was recommending liquidation,
Is the USD ready to turn lower? – The Financial Express
Whatever you may think of Trump’s integrity, style, smarts or looks, there is no doubt that he has brought a cat amongst the pigeons on
Insolvency resolution: NCLAT order on Essar Steel this week, say bankers | Business Standard News
With the National Company Law Appellate Tribunal (NCLAT) order on Essar Steel expected this week, bankers said they were hoping Numetal, ArcelorMittal, and Vedanta to revise their
IBC process: Two fresh bids for Nagarjuna after NCLT rejects liquidation | Business Standard News
Two fresh bids have been submitted after the insolvency process for Nagarjuna Oil Corporation (NOCL) ran into controversy. The firm’s committee of creditors (CoC) was recommending liquidation,
Deadline ends for NPAs: Provisioning for NCLT-3 accounts seen at Rs 1 trn | Business Standard News
As the deadline for stressed asset resolution, as per the Reserve Bank of India’s (RBI’s) February 12 circular, concluded on Monday, lenders are expected to
NCLT orders liquidation of Lanco Infratech, appoints Savan Godiawala as RP | Business Standard News
The Hyderabad Bench of the National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Lanco Infratech Limited (LITL), the holding company of the
Stressed power assets: 180-day deadline breach not end of road, say bankers | Business Standard News
Banks may breach the 180-day deadline of August 27 for firming up a resolution plan on big-ticket stressed accounts. But that is not the end of the
Economy of India RBI | आज काय होणार? | Loksatta
कांकडील सुमारे चार लाख कोटी रुपयांच्या थकीत कर्जाच्या वसुलीचा ठोस कार्यक्रम रिझव्र्ह बँकेस सादर झाला नाही, तर ७० कंपन्या लिलावात निघतील.. आज, सोमवारी सायंकाळी रिझव्र्ह
Tata Steel set to scrap Bhushan Steel-energy deal – The Economic Times
Tata SteelNSE 1.20 % has started the process of cancelling power purchase agreements (PPAs) between Bhushan SteelNSE -0.36 %, a company it acquired through bankruptcy resolution proceedings, and Bhushan Energy in
Series of reforms transformed economy: Jaitley – The Hindu BusinessLine
Finance Minister Arun Jaitley has cited IMF reports to highlight how the Narendra Modi-led government through a series of reforms has transformed the “weak economy”
Tax authorities left high and dry in IBC cases – The Hindu BusinessLine
The judiciary’s latest stand may prohibit the tax authorities from making appeals Last week, the Supreme Court ruled that the Insolvency and Bankruptcy Code (IBC)
GDP — much ado about nothing – The Hindu BusinessLine
GDP — much ado about nothing T- GST is all set to boost the GDP growth further. GST is all set to boost the GDP
Bankruptcy: Bankruptcy sword looms over 60 companies owing Rs 3.5L crore – The Economic Times
Banks will have to initiate bankruptcy proceedings against dozens of corporate defaulters next week as the six-month deadline set by the RBI on February 12 ends on Monday. The
P Chidambaram asks government to ’emulate’ UPA policies and not ‘envy’ – The Financial Express
A few days ago, a cheerleader for the BJP writing on the editorial page of a newspaper thanked Mr Arun Jaitley and me for engaging in a “high quality
Demonetisation killed rural wage growth, shows Ind-Ra data – The Financial Express
India’s rural wage growth has slumped from an average of 11% in the financial years 2013-15 to a mere 0.45% in the financial years 2016-18, due
NCLT recruitment 2018: Government seeks applications to fill judicial, technical member posts; check last date to apply – The Financial Express
NCLT recruitment drive The government has sought applications for filling up as many as 36 posts of judicial and technical members at the National Company
High and dry in the IBC era | Business Standard Column
At 20 per cent, India has so far had the world’s lowest bad-loan recovery rate. As a result, in comparison to a year for London and
Rupee fall no macro worry, was long overdue: Panagariya – The Hindu BusinessLine
Former Niti Aayog vice-chairman Arvind Panagariya has opined that rupee depreciation was long overdue, saying appreciated currency had hurt the country’s exports. Panagariya further said
