Independent directors do not have equal chances to discover the frauds, but ironically they are sent notices, hurting their reputation and taking up a lot
State of Indian economy: Q2 GDP could be worse – The Financial Express
The offtake of loans by individuals, too, is slowing because incomes are growing slowly and consumer confidence is low. Given the sluggish loan growth, contracting
A prize for evidence-based policy | Business Standard Editorials
For the second time in five years, the Royal Swedish Academy of Sciences has awarded the Nobel Memorial Prize in Economic Sciences to researchers in
How to fix the PMC Bank crisis | Business Standard Column
Three weeks ago, Punjab & Maharashtra Cooperative Bank (PMC Bank) suddenly collapsed. It has Rs 11,500 crore in deposits from more than 300,000 people and
September exports repeat decline, contract by 6.5% to reach 3-month low | Business Standard News
Exports in September contracted for the third time in the first six months of the current fiscal year, with trade decline plaguing all major foreign
Insolvency Law Committee plans to meet on October 15 to discuss new reforms for IBC – The Hindu BusinessLine
The new resolution mechanism for finance companies may apply only to limited set of entities. Deposit taking and systemically important NBFCs may be kept out
Trade war to cut global growth to lowest since financial crisis a decade ago: IMF – The Economic Times
The US -China trade war will cut 2019 global growth to its slowest pace since the 2008-2009 financial crisis, the International Monetary Fund warned on
Sound thoughts on mortgage securitisation–Economic Times
A recent expert committee report of the Reserve Bank of India (RBI) has, rightly, called for prompt development of securitisation of housing loans for overall
Why India’s financial system keeps lurching from one crisis to another–Times of India
India’s financial system has been a mess for a while. There have been multiple quick fixes and recapitalization of fragile public sector banks, but problems
Systemic reform, not moral suasion–Economic Times
Is moral suasion the best way to solve the problem of large firms forcing their small-scale suppliers to give them free credit, even as the
Insolvency Law Committee plans to meet on October 15 to discuss new reforms for IBC – The Hindu BusinessLine
The new resolution mechanism for finance companies may apply only to limited set of entities. Deposit taking and systemically important NBFCs may be kept out
Fix the rot in these 3 economic drivers to reverse the slowdown: View – The Economic Times
By Uma Shashikant Slowdown is the word on every lip. Numbers are tumbling out, showing consumption is dropping and businesses are not making fresh investments. While
Note ban | Abhijit Banerjee: The economist who warned India of note ban pain–Economic Times
Banerjee and his wife Esther Duflo have jointly authored ‘Poor Economics’ to impress upon the effectiveness of solutions to global poverty using an evidence-based randomized
PSB Bank loans: State-run banks disburse Rs 81,700 crore through ‘loan melas’-Economic Times
The demand in the camps was robust and the secretary said that all the PSBs are maintaining their regulatory capital levels. State-run banks disbursed Rs 81,781
New group insolvency framework in the works – The Economic Times
The working group noted that creditors tend to treat group entities as a single economic entity even when they were lending to distinct entities. A
Government mulls raising Rs 1 lakh default threshold for invoking IBC: Srinivas – The Economic Times
The government is examining suggestion to raise threshold of Rs 1 lakh default to invoke the Insolvency and Bankruptcy Code (IBC) to reduce number of cases in
Exporters draw DRI wrath for alleged GST violations – The Economic Times
The government’s decision to ban onion exports and impose stock limits may have arrested the steep rise in prices of the essential vegetable, but experts feel it’s
Formula on cards to distribute insolvency funds: Corporate Affairs Secy | Business Standard News
In the past three years since the IBC was introduced, 21,000 cases have come for resolution, of which 10,000 have been settled according to government
GST return filing: New formats may stump taxpayers on adjustment entries – The Financial Express
By Surbhi Premi The GST Council in its 27th meeting discussed that the Government is keen to introduce the simplified return design to reduce compliance
Shopmatic: Everyone can sell online on this e-commerce venture – The Financial Express
Shopmatic is a fast-growing e-commerce venture that helps business owners sell their products and services online. From developing a unique web store, to listing businesses
