By Jeanette Rodrigues and Haslinda Amin The head of India’s biggest lender said he’s certain “some solutions will emerge” to steady Yes BankNSE 6.50 %, which
It will require a very credible challenger to displace dollar’s dominance: IMF chief economist Gita Gopinath – The Economic Times
She said euro has been around for a long time but it has not reached the level yet that it was initially expected to achieve,
India ranked 80th in Corruption Perception Index – The Economic Times
With a score of 41, India is at the 80th spot. The rank is also shared by China, Benin, Ghana and Morocco. Neighbouring Pakistan is
Corporate bond repo should become real–Economic Times
The marked dichotomy in the regulatory regimes for government securities and corporate bonds seems to have stultified an active market for the latter. RBI’s July
NCLAT defers hearing on JSW Steel’s Bhushan Power buyout till Jan 31 – The Economic Times
On October 10, the ED had attached assets worth over Rs 4,025 crore of debt-ridden BPSL in connection with its money laundering probe linked to
Small Enterprises: Medium scale companies may be given credit risk cover – The Economic Times
Under the guarantee scheme, the trust provides a cover of up to 85% of the credit facility to micro enterprises for credit up to Rs
Bankruptcy board set to tackle group insolvency – The Economic Times
India’s bankruptcy regulator is seeking to amend rules to make the IBC suitable for handling group insolvency. MUMBAI: India’s bankruptcy regulator is seeking to amend
Govt creating room for more foreign portfolio investment: RBI doubles investment limit for FPIs in debt – The Financial Express
The minimum retention period shall be three years, or as decided by RBI for each allotment by tap or auction. At a time when foreign
JSW Steel can’t ring-fence BPSL assets from attachment, ED tells NCLAT – The Financial Express
SW Steel’s resolution plan was approved by the National Company Law Tribunal on September 5, 2019; while Section 32A was notified on December 28, 2019.
Anand Mahindra on slowdown: It’s ‘detoxification’ of economy; India ready to surprise world in FY21 – The Financial Express
The Indian economy is seeing a slowdown for some time now on account of a fall in consumption and demand. Even as the Indian economy
Banking consortium declares Rs 14,000-cr ABG Shipyard loan ‘fraud’ account | Business Standard News
The ICICI Bank-led banking consortium to ABG Shipyard has declared its Rs 14,000-crore exposure to the company as a ‘fraud’ account. State Bank of India (SBI), ICICI
Judge the budget by its tax revenue growth figure | Opinion – analysis – Hindustan Times
Two weeks ago, India recorded its lowest nominal GDP growth in over four decades. (ANI) “Supervision is fine but not suspicion”. These are not the
पुतिन प्रहर |लोकसत्ता
‘त्यांनी हे जे काही पाऊल उचलले आहे ते स्वत:च्या हितासाठी बिलकूल नाही,’ हाच युक्तिवाद त्यांच्या भाटांकडून होताना दिसतो.. स्टालिनपेक्षाही अधिक काळ पुतिन रशियाचे नेतृत्व करीत
Finance Ministry allows 3 last dates for filing GSTR-3B for different categories of taxpayers | Deccan Herald
The finance ministry on Wednesday staggered last dates of filling GSTR-3B, a monthly return form, and has provided three dates for different categories of taxpayers,
Budget 2020: Why income-tax cut is a bad idea – The Economic Times
India should not be out of line with the global practice of having as few rates as possible, and should make the tax base more
5 simple things to do to revive the economy – The Economic Times
By Sandip Sen The economic slowdown has lasted four quarters and is unlikely to go away in a hurry. The banking sector problems are deep rooted and
Pradhan Mantri Mudra Yojana: PSBs are committed to Mudra scheme as a social obligation: UBI’s Sanjay Narayan – The Economic Times
“NPAs in Mudra are very small and that too is distributed among a large chunk of the masses. So, for us, Mudra financing is more
Essel Finance: Adani Capital acquires Essel Finance’s MSME loan business – The Economic Times
MUMBAI: Adani Capital Pvt. Ltd, the NBFC arm of the Adani Group, focused on lending to small & micro entrepreneurs, has acquired Essel Finance’s MSME loan business. The business has a secured loan book
Governing unlisted firms | Business Standard Editorials
The government is reportedly working on a Takeover Code for unlisted companies. Unlike listed ones, transfer of shares in unlisted firms in India now happen on the basis of
The Bankruptcy Code isn’t broken, but it still needs fixing – The Economic Times
By Arvind Panagariya & Rajeev Mantri Two features of the regulatory regime have been central to the current malaise in India’s financial sector. First, until 2015, contrary to
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