Supreme Court warns Amrapali group not to play smart with court industry Don’t play smart or we will render you homeless, the Supreme Court today
Can’t allow late NCLT bids; this vitiates the bidding process, tribunals must rule against it – The Financial Express
It is indeed a pity that Tata Steel needed to knock on the doors of the Supreme Court to protest against the tribunals entertaining late
India can be the engine of global growth for decades, says IMF – The Hindu BusinessLine
India will be an engine of growth for the global economy for the next few decades and it could play the role China did for
PSU banks’ NPAs decline by Rs 1.29 lakh cr in FY18 – The Hindu BusinessLine
Public sector banks’ non-performing assets declined by Rs 1,28,229 crore in FY18 due to write-offs, including compromise settlement. This is about 60 per cent higher
IMF asks India to consider simpler GST rate structure | business news | Hindustan Times
The IMF on Wednesday described the Goods and Services Tax (GST) as a “milestone reform” in India’s tax policy, but pushed for a simplified structure,
Going by the numbers: shortfall in GST revenue collection – The Hindu
The complexity of the GST process is hindering collections and diminishing potential economic benefits A little over a year after the Goods and Services Tax (GST)
Why the run up in private banks may need watching – The Hindu BusinessLine
It is not unknown that private sector banks—with better earnings visibility and a somewhat more resilient show—have been the darlings of the market in the
Government may clip wings of wilful defaulters soon – The Economic Times
India may stop wilful defaulters with loans exceeding Rs 50 crore from travelling overseas without prior approval as part of a crackdown on promoters looking to leave
Let banks defend bonafide employees
Banks are reportedly planning to defend their existing and retired employees when they are hounded by investigating agencies. Legal and financial support to bonafide bankers
Stressed power assets: RBI should amend order, says panel – The Financial Express
The RBI’s February circular stipulates a one-day default rule on term loans, which mandates treating a borrower who misses repayments as a defaulter the very
Fiscally irresponsible: Crowding-in or crowding out? – The Financial Express
The rising ten-year benchmark yield, a reference for banks to price loans, is attracting much concern. Some note that the 10-year yield is significantly higher
Staff accountability fixed in less than 2% NPA cases – The Financial Express
Allegations of collusion are also being investigated in the `14,000-crore letters-of-undertaking (LoU) fraud unearthed at Punjab National Bank (PNB). Bank staff have been found to
Modi govt introduces four Bills in the Lok Sabha to simplify GST returns | Business Standard News
The Bills are primarily aimed at helping the MSME sector and small traders The government on Tuesday introduced four Bills in the Lok Sabha to amend the
GST: Centre extends suspension of reverse charge mechanism by one year – The Hindu BusinessLine
In a business-friendly move, the Centre has extended the suspension of the reverse charge mechanism on purchase of goods or services by registered dealers from
High Court to hear insolvency cases in power sector, says Supreme Court | Business Standard News
RBI took a tough stance against a special dispensation to the power industry, saying this would invite similar representations from other sectors and lead to
Bumps along e-way bill road worry PwC; GST Council to deal with issues | Business Standard News
Leading tax consultant PwC has recommended that the government allow a few changes to be made in the e-way bills for the goods and services tax (GST) to address
Leadership void at PSU banks with 10 banks headless by this month end – The Economic Times
Since April this year, there has been vacancies for the CEO’s post at Andhra Bank, Dena Bank and Punjab & Sind Bank. Seven government-owned banks
bad loans: Government to hold talks with RBI to leave more capital with banks – The Economic Times
Central bankers are not loose cannons. What they say matters. So what did RBI governor Urjit Patel quite mean when he warned against trade wars
GST rates: A year from rollout, GST’s roots get firmer – The Financial Express
Central bankers are not loose cannons. What they say matters. So what did RBI governor Urjit Patel quite mean when he warned against trade wars
PM urgently needs to focus on trade policy | Business Standard Column
Central bankers are not loose cannons. What they say matters. So what did RBI governor Urjit Patel quite mean when he warned against trade wars
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