Last Tuesday, the commerce ministry said the trade deficit for July was estimated at a little above $18 billion, as against one of nearly $11.5 bn during
Category: May Look At Leisurely
Worrying signs on the forex reserves front – The Hindu BusinessLine
The Centre’s response to the recent bout of weakness in the rupee has been surprisingly nonchalant. While the RBI was mum, the Finance Minister decided
Indian economy grew in double digits twice under UPA govt, says panel | Business Standard News
The Indian economy grew in double digits twice during the tenure of the Manmohan Singh government (2004-14), shows the back-dated data on the new series of gross domestic
Bankruptcy law can be extended to cross-border assets: Corp affairs secy | Business Standard News
Corporate affairs secretary Injeti Srinivas on Saturday said the evolving insolvency and bankruptcy law can be extended to cross-border assets. The government is also in looking at hiring more
Macro economic instability, inflation, corruption were highest under UPA government: Surjit Bhalla, EAC-PM – The Financial Express
New GDP data does not change reality that ‘macro-economic instability’ was highest under the previous UPA government period, Economic Advisory Council to the Prime Minister
Insolvency resolution: Timeline same, new law for valuers likely – The Financial Express-R
The government has no immediate plan to extend the period of insolvency resolution from a maximum of 270 days now, a senior official said on
Bankruptcy: Government hints at new law for registered valuers – The Financial Express-R
The government is planning a separate legislation for registered valuers who can help arrive at a better valuation of bankrupt companies under the insolvency process, a
Rapid deterioration in India’s external sector – The Financial Express
With the trade deficit for July hitting a five year high of $18 billion on the back of a $17.1 billion deficit in June, India’s
GDP growth from FY04 higher under new series – The Economic Times
“The UPA also delivered the ONLY instance of double digit annual growth in modern Indian history,” it said. Indian economy clocked a 10.08 per cent
Jaypee Infratech | NCLT: Supreme Court sends Jaypee Infratech case back to NCLT for fresh resolution
The Supreme Court, which had stalled insolvency proceedings against Jaypee Infratech to protect the interests of homebuyers, has referred it back to the insolvency court to
Resolution under IBC: Creditors recover Rs 5,000 crore – The Financial Express
Of course, the headline numbers are good primarily because of Bhushan Steel, which accounted for close to 64 per cent of the total claims by
Revisions undermine bidding | Business Standard Column
In cases where bidding is the norm for the sale or lease of an asset, or even for government procurement, it is accompanied by a
The state of the economy | Business Standard Column
The recent (IMF) report on the Indian economy projects a gradual acceleration of growth but also draws attention to several downside risks. The report uses circumspect language
Shareholding in IPAs: IBBI seeks to cap stake of multilateral bodies at 15% – The Financial Express
The Insolvency and Bankruptcy Board of India (IBBI) has floated a discussion paper, proposing to cap the stake of multilateral institutions in an insolvency professionals
Insolvency proceeding: JSW Steel bid for Bhushan Power is lenders’ top pick – The Financial Express
Insolvency proceeding: JSW Steel bid for Bhushan Power is lenders’ top pick Lenders to Bhushan Power and Steel have zeroed in on JSW Steel as
Modi’s elephant looks fitter but still can’t run – The Financial Express
Modi’s elephant looks fitter but still can’t run Prime minister Narendra Modi did well to highlight just how much India has changed over the past few years.
Bankruptcy: Bhushan Power & Steel IRP alleges leak of CoC meeting deliberations – The Economic Times
Tata Steel, Liberty House and JSW have submitted bids for the second time to acquire debt-laden Bhushan Power and Steel Ltd, sources in the know
Defend the rupee, raise policy rates–Economic Times
The Reserve Bank of India (RBI) must stand ready to announce a significant, pre-emptive hike in policy rates, of, say, 0.5 percentage (50 basis) points.
Fall in rupee: What government has say – The Financial Express
Attributing the fall in rupee value against the US dollar to “external factors”, Economic Affairs Secretary Subhash Chandra Garg said today that there is nothing
Bad news for economy: Exports shrink; trade deficit widens – The Financial Express
In a bad news for economy, the trade deficit expanded to $18.02 billion in July as against $16.60 billion last month as oil imports surged
