Clipped from: https://economictimes.indiatimes.com/news/economy/policy/disinvestment-aimed-at-growth-not-to-plug-fiscal-deficit-dipam-secretary/articleshow/80736283.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As the Budget 2021 comes up with major thrust on privatisation of public sector enterprises, Disinvestment Secretary, Tuhin Kanta Pandey has said that
bank privatisation: Govt to work with RBI for execution of bank privatisation plan: Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-to-work-with-rbi-for-execution-of-bank-privatisation-plan-sitharaman/articleshow/80734931.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Speaking to reporters in the financial capital, Sitharaman also said that the government has no plan to form any bank investment company to
FM rejects Opposition charge of ‘selling family silver’; says government wants some PSUs to do well – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/fm-rejects-opposition-charge-of-selling-family-silver-says-government-wants-some-psus-to-do-well/articleshow/80733874.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The finance minister added, “Family silver should be strengthened, it should be our takat (strength)… Because you’ve spread it so thinly, there are
‘India lost more than a year’s worth of growth; can’t afford to go on a debt binge’ – The Financial Express
Clipped from: https://www.financialexpress.com/budget/india-lost-more-than-a-years-worth-of-growth-cant-afford-to-go-on-a-debt-binge/2187664/ Union Budget 2021 India: The economic contraction — the first in India since the 1970s — has put pressure on its government like
Hits and misses for real estate – BUDGET 2021: The Financial Express
Clipped from: https://www.financialexpress.com/money/budget-2021-hits-and-misses-for-real-estate/2187721/ Two major incentives given to the real estate sector are tax benefits for affordable housing and for private investment formats such as REITs
Fewer board meetings, exemption from preparing cash flow statement, more for small companies come April 1 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-fewer-board-meetings-exemption-from-audtor-rotation-preparing-cash-flow-statement-more-for-small-companies-come-april-1/2187304/ Ease of Doing Business for MSMEs: Commerce Minister Nirmala Sitharaman in her budget speech on Monday had proposed to revise the definition of
Two-wheeler makers plan to resume capital expenditure plans in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/two-wheeler-makers-plan-to-resume-capital-expenditure-plans-in-fy22-121020600074_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 This will come as a boost for the government, seeking private sector capex Two-wheeler makers are planning to resume their capital expenditure plans in FY22 as
Inflation, Budget and its implications: RBI’s two guiding forces on rates | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/inflation-budget-and-its-implications-rbi-s-two-guiding-forces-on-rates-121020500358_1.html The other signals expected from the policy related to the rollback of measures announced during the pandemic The guiding forces for Friday’s monetary
Future-RIL deal skating on thin ice, may even get derailed, say lawyers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/future-ril-deal-skating-on-thin-ice-may-even-get-derailed-say-lawyers-121020500845_1.html They believe the best way forward is for Amazon and Future to negotiate with each other on how to ensure that Future group
Fast-food chains get future-ready as curbs are fully lifted, biz recovers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/fast-food-chains-get-future-ready-as-curbs-are-fully-lifted-biz-recovers-121020501696_1.html Robust store rollouts in the works; focus on dine-in and delivery Food service players such as Jubilant FoodWorks and Westlife Development are putting
Don’t shy away from running a larger fiscal deficit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/view-dont-shy-away-from-running-a-larger-fiscal-deficit/articleshow/80739338.cmsSynopsis A target figure for a country’s fiscal deficit cannot be arrived at in a vacuum. A nation’s economic growth rate, current level of
Over 2.9 lakh cyber security incidents related to digital banking reported in 2020 – The Hindu
Clipped from: https://www.thehindu.com/sci-tech/technology/over-29-lakh-cyber-security-incidents-related-to-digital-banking-reported-in-2020/article33757241.ece?homepage=true The Minister of State for Electronics and IT Sanjay Dhotre noted that the rising popularity of non-banking financial companies (NBFCs) along with e-commerce
Buffeted by Centre and State, GM threatens legal action – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/buffeted-by-centre-and-state-gm-threatens-legal-action/article33770765.ece?homepage=true A year after announcing plans to sell its Talegaon plant, automaker rejects Maharashtra government’s order to continue operations Squeezed between the Centre’s decision
NITI Aayog study to track economic impact of green judgements – The Hindu
Clipped from: https://www.thehindu.com/news/national/niti-aayog-study-to-track-economic-impact-of-green-judgements/article33770515.ece?homepage=true Think tank for ‘economically responsible approach by judiciary’ The NITI Aayog — the government’s apex thinktank — has commissioned a study that seeks
CIRP attractive – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/cirp-attractive/article33322063.ece Creditors are realising on average nearly 200 per cent of liquidation value through resolution plans under CIRP, as the company continues with business,
GST still an unstable law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/gst-still-an-unstable-law/article33545169.ece With 927 notifications and circulars in the last three years, the GST is as yet “an unstable law”, says The Western Maharashtra Tax
The ITC conundrum in GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/the-itc-conundrum-in-gst/article33432458.ece If the system were to work, artificial curbs that deny input tax credit have to go The central point of GST – the
Tightening the screws on guarantors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/tightening-the-screws-on-guarantors/article33545101.ece Can insolvency proceedings be initiated simultaneously against both the borrower and the corporate guarantor? The Supreme Court, while reiterating the co-extensive liability of
Tweaking IBC for cross-border cases – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/tweaking-ibc-for-cross-border-cases/article33545085.ece The Insolvency and Bankruptcy Code 2016 has been beefed up to suit current needs but issues still remain Overhauling the insolvency and bankruptcy
PNB on track to achieving proit of ₹ 2,000 crore this fiscal despite Covid-19 challenges – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/pnb-on-track-to-achieving-proit-of-2000-crore-this-fiscal-despite-covid-19-challenges/article33767866.ece Retaining guidance of grossNPA below 14 per cent and netNPA of 5 per cent by March 2021, said MD&CEO Mallikarjuna Rao Punjab National
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