Clipped from: https://economictimes.indiatimes.com/industry/renewables/india-will-be-among-the-fastest-growing-renewable-energy-markets-globally-says-orix-head-of-energy-biz/articleshow/81638552.cms Synopsis-Orix had looked into other companies but zeroed in on Hyderabad-based Greenko, a company run by two first generation entrepreneurs–Anil Kumar Chalamalasetty and
Need legal provisions to have superintendence and control over NCLT, says appellate tribunal NCLAT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/need-legal-provisions-to-have-superintendence-and-control-over-nclt-says-appellate-tribunal-nclat/articleshow/81635239.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The appellate tribunal observation came while passing an order passed over a petition filed by the resolution professional (RP) of International Recreation and
Inflation is a risk to economic recovery in the near term: R. Venkataraman, IIFL Securities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/inflation-is-a-risk-to-economic-recovery-in-the-near-term-r-venkataraman-iifl-securities/articleshow/81602611.cms Synopsis–“Consumer inflation edged up to 5% y-o-y in February and is likely to remain at elevated levels through the first half of 2021-22.
Ex-RBI Deputy Governor Rakesh Mohan moots 5 pc inflation target – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/ex-rbi-deputy-governor-rakesh-mohan-moots-5-pc-inflation-target/articleshow/81637017.cmsSynopsis “Given the monetary policy framework these days, in some sense I would say why not change the (retail inflation) target to 5 per
Business activities gradually improving but it could still be a while before MFI segment sees a turnaround – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/business-activities-gradually-improving-but-it-could-still-be-a-while-before-mfi-segment-sees-a-turnaround/articleshow/81635041.cms Synopsis–With the gradual opening up of the Indian economy, collections picked up pace since the September and December quarter but have slowed in
Loan moratorium: SC to pronounce verdict on Tuesday on pleas for relief from trade bodies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/loan-moratorium-sc-to-pronounce-verdict-on-tuesday-on-pleas-for-relief-from-trade-bodies/articleshow/81636147.cmsSynopsis The government said this was a main reason as to why waiver of interest was not even contemplated and only payment of instalments
Why did India extend the gap between Covishield vaccine doses? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/et-explains/et-explains-why-did-india-extend-the-gap-between-covishield-vaccine-doses/articleshow/81633273.cmsSynopsis Covishield was approved for emergency use by the Drugs Controller General of India in January. According to media reports yesterday, the Central government
SEBI amends valuation norms on AT-1 bonds after FinMin push – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/mf-news/sebi-amends-valuation-norms-on-at-1-bonds-after-finmin-push/articleshow/81637280.cmsSynopsis One week after the Finance Ministry intervened in the matter, the Securities and Exchange Board of India on Monday amended valuation rule of
Resolution or liquidation? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/from-the-viewsroom/resolution-or-liquidation/article34125011.ece SC ruling on IBC vis-a-vis Companies Act leaves out nuances Recently, the Supreme Court ruled out any attempt by existing promoters to rebid
Solar sector needs the right policy push – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/solar-sector-needs-the-right-policy-push/article34111014.ece While promoting domestic manufacture of solar modules, ongoing projects must be protected from import duty hikes Last week an office memorandum of the
Social and emotional learning, the need of the hour – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/scrappage-policy-steel-companies-gear-up-to-recycle-scrap/article34124248.ece?homepage=true Steel produced through the recycled route entails lower carbon emissions, lower resource consumption, and lower energy utilisation. – REUTERS Steel produced through the
Scrappage policy: Firms forge ahead to ‘steel’ scrap – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/scrappage-policy-steel-companies-gear-up-to-recycle-scrap/article34124248.ece?homepage=true Move to cut greenhouse gas emissions It’s not only automobile companies that are looking to gain from the new scrappage policy; steel companies,
Increasing policy challenges | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/increasing-policy-challenges-121032100883_1.html RBI should not digress from maintaining price stability Inflationary pressures are rising once again. The inflation rate based on the consumer price index went up
Will gold loan lose its sheen? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/will-gold-loan-lose-its-sheen-121032100869_1.html In August 2020, when RBI raised the LTV for gold loans to 90 per cent, effective till March 2021, gold price was at
Banks to send more cases to bankruptcy courts even as old ones lie stagnant | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/banks-set-to-send-more-bankruptcy-cases-even-as-old-ones-lie-stagnant-121032100415_1.html Several roads, real estate and power companies are headed to the bankruptcy courts once the one-year ban imposed by the RBI lifts in
Transfer NPAs to bad bank at book value, says Parliamentary panel | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/transfer-npas-to-bad-bank-at-book-value-says-parliamentary-panel-121032100941_1.html The panel urged the Reserve Bank of India to clearly define every step of the procedure to remove any ambiguity or discretion from
At $36 billion, FPI inflows into equities at record high since FY13: RBI report – The Financial Express
Clipped from: https://www.financialexpress.com/economy/at-36-billion-fpi-inflows-into-equities-at-record-high-since-fy13-rbi-report/2217269/ Prior to this, overseas investors had invested Rs 23,663 crore in February and Rs 14,649 crore in January, on a net basis. According
Big news on Health Insurance claims! Here’s what Irdai has asked insurers – The Financial Express
lipped from: https://www.financialexpress.com/money/insurance/irdai-asks-insures-to-be-more-transparent-in-health-insurance-claims-settlement-specify-reasons-of-denial/2217149/ It is essential that all insurers establish procedures to let policyholders get clear and transparent communication at various stages of claim process, Irdai
Digital payments to skyrocket 3X to over Rs 7,000 lakh cr by FY25; mobile payments to see highest growth – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/digital-payments-to-skyrocket-3x-to-over-rs-7000-lakh-cr-by-fy25-mobile-payments-to-see-highest-growth/2217233/ The digital payments market, which has been led by companies such as Paytm, PhonePe, Pine Labs, Razorpay, BharatPe, and others on both B2C
Govt to top up Rs 5,000-crore grant to enable proposed state-owned DFI to raise low-cost funds – The Financial Express
Clipped from: https://www.financialexpress.com/economy/govt-to-top-up-rs-5000-crore-grant-to-enable-proposed-state-owned-dfi-to-raise-low-cost-funds/2217299/ Given that one DFI can’t satiate the voracious appetite of the infrastructure sector, the government will offer a five-year tax holiday for private-sector
