The committee has submitted its report and there will be progressive amendments to the law very soon, he said. Insolvency and Bankruptcy Board of India
GDP growth: Unless credit flows to industry revive quickly, it’s hard to see any pickup – The Financial Express
At a time when the economy is slowing, it is only to be expected that tax collections, too, will slow. At 6.1% year-on-year, the growth
Severe slowdown: When will the Indian economy recover and how? – The Economic Times
For the government, the low Q2 GDP growth numbers should be a clear sign it is time to go full throttle to put the economy
Dip in GDP growth: Find ways to boost demand, and reassure the finance sector – editorials – Hindustan Times
India’s GDP grew by 4.5% in the three months ending September, the lowest since March 2013. It highlights the current economic crisis, created by factors
This is India’s first ever slowdown at a time of political as well as macroeconomic stability | The Indian Express
Sharp and protracted economic slowdowns aren’t new to India. Since Independence, there have been at least eight episodes of significant GDP growth rate declines over
View: A three-point guide for India Inc to survive slow growth – The Economic Times
By Christo Popov Many CEOs should be wringing their hands about the latest figures released by the government on Friday that show GDP grew 4.5%
Japan won’t sign RCEP if India doesn’t join – The Economic Times
By Isabel Reynolds Japan is not considering signing a Chinese-backed regional trade pact without India, the top Japanese negotiator said Friday, ahead of a series
Fiscal deficit for April-Oct at 102.4%, crosses full year target – The Economic Times
The country’s fiscal deficit hit 102.4 per cent of 2019-20 Budget Estimate at Rs 7.2 lakh crore at the end of October, government data showed on Friday.
SBI: Corporate frauds see a massive surge: SBI – The Economic Times
The number of frauds at State Bank of IndiaNSE -2.13 % (SBI), the country’s biggest mass-lender, has nearly trebled in the first seven months of this fiscal
FM Nirmala Sitharaman’s remarks on economy disappointing in extreme: Yashwant Sinha – The Financial Express
Sinha said the root cause of the current economic crisis is “death of demand” in the country. Former Union minister Yashwant Sinha on Friday termed
SC decides to recall its September order on Amtek Auto – The Financial Express
The apex court had in September allowed resolution professional and lenders to invite fresh bids and decide on final resolution plan within two weeks thereafter.
Don’t waste this crisis: There’s no more room to ignore bad economics | Business Standard Column
The gross domestic product (GDP) growth numbers for the July-September quarter, the lowest in 26 quarters, are no surprise. Most analysts had — belatedly —
Rising fiscal fears | Business Standard Editorials
Notwithstanding Union Finance Minister Nirmala Sitharaman’s spirited defence of the government’s economic performance on Wednesday, the fiscal position of both the Central and state governments
Not through bonds, only cash, says C Rangarajan on banks recapitalisation – The Economic Times
Former RBI governor C Rangarajan on Friday suggested that recapitalisation of banks should be done through by infusing cash rather than issuing Bonds, as he cautioned that
DHFL: RBI files application for insolvency proceedings against DHFL – The Economic Times
The Reserve Bank of India filed insolvency proceeding against beleaguered Dewan Housing Finance Limited (DHFLNSE 4.27 %) with NCLT on Friday. “Debt moratorium on DHFL till insolvency plea has
For Innovative Fiscal Policy, Action–Economic Times
The Q2 growth numbers are remarkable in that nominal growth stands at 6.1%, about half the assumed growth rate for the economy in the Budget,
Three years on, Insolvency and Bankruptcy Code is learning from outcomes, growing stronger | The Indian Express
The recent empirical work on links between corporate bond markets and the bankruptcy system predicts that safe firms will issue bonds but higher risk firms,
Banks for speeding up DHFL debt recovery | Business News, The Indian Express
SBI Chairman Rajnish Kumar recently said many suitors are expected for DHFL as “it’s a good franchise”. With the Reserve Bank of India (RBI) taking
Government sets timeline for GST e-invoicing, trial to start January 1, 2020 – The Economic Times
The generation of e-invoice will be the responsibility of the taxpayer who will be required to report the same to IRP of GST. The Government
NCLT stops DoT from canceling Aircel spectrum, licence | Deccan Herald
The National Company Law Tribunal on Thursday directed the department of telecommunications (DoT) not to cancel the telecom license and spectrum issued to Aircel which
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