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
66 lakh GST returns filed till January 20, says CBIC–Business Today
Thus, the total GSTR-3B returns filed in the month of January totalled 67.70 lakh The Central Board of Indirect Taxes & Customs (CBIC) said on Tuesday that a total of 65.65
Blame on India for global slowdown; IMF’s Gita Gopinath points out where Asian giant errs–Business Today
Earlier on Monday, the IMF cut India’s growth forecast for 2019 to 4.8 per cent International Monetary Fund (IMF) Chief Economist Gita Gopinath on Monday said that India
‘Government Doesn’t Have the Bench Strength to Handle the Economy’–Business Today
Even as government and independent commentators are groping in the dark for possible ways to turn around a decelerating economy, Business Today’s Dipak Mondal and
LIC’s NPAs double to Rs 30,000 crore in 5 years; situation as bad as YES Bank, Axis Bank–Business Today
The state-owned insurance behemoth also lends to corporate sector by way of term loans and non-convertible debentures (NCDs) If you thought the Life Insurance Corporation (LIC) is
Unemployment rate rises to 7.5% during Sept-Dec; high among educated youth: CMIE–Business Today
The unemployment rate in rural India was lower than urban India, which climbed to 9 per cent India’s unemployment rate rose to 7.5 per cent
Budget 2020: Economic reforms, infrastructure spending key to India’s $5 trillion economy target–Business Today
The unveiling of the National Infrastructure Pipeline (NIP) reiterates the government’s commitment to steer the infrastructure sector on a higher growth curve through increased capex
Budget 2020: Govt needs to strengthen ARCs; provide stimulus to the voiceless sector–Business Today
ARCs need a licence to operate and are regulated by the Reserve Bank of India Asset Reconstruction Companies (ARCs) have been institutionalised through central legislation,
