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
Fiscal discipline key inflation shield
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
Undeclared NPAs in FY18 still at Rs 3 lakh crore – The Economic Times
There are over Rs 3 lakh crore worth of undeclared non-performing assets in the books of banks as of March 2018. These are by borrowers who have defaulted to
Project Sashakt: PSBs will need Rs 1.3 trn to tackle bad loans, says panel | Business Standard News
Public sector banks (PSBs) will need an additional capital of Rs 1.1-1.3 trillion over the next two years to implement a five-point strategy to tackle bad
Fiscal deficit likely to be bigger than what Budget says: Kaushik Basu | Business Standard News
Kaushik Basu, Cornell professor, president of the International Economic Association, and former chief economist at the World Bank, tells Advait Rao Palepu that in the event of
Reinforcing IBC | Business Standard Editorials
The Ministry of Corporate Affairs’ decision to set up eight special courts under the National Company Law Tribunal (NCLT) to deal specifically with insolvency cases
NCLAT extends deadline for submission of revised bid for Bhushan Power & Steel – The Financial Express
The National Company Law Appellate Tribunal (NCLAT) today extended the deadline for submission of revised bids for debt-ridden Bhushan Power and Steel by one week
Banks lost ₹32,000 cr to frauds in FY2017-18 – The Hindu BusinessLine
There has been a jump in the quantum of funds involved in frauds in banks and other financial institutions during the year 2017-18. As per
Bhushan Power rebid process violates NCLAT orders: Tata Steel – The Economic Times
Bhushan Power rebid process violates NCLAT orders: Tata Steel steelindustry-ap.jpg.webp10.7 KB Tata Steel’s offer stands at Rs 17,000 crore. Bhushan Power and Steel owes about
Govt plans eight special courts under NCLT to deal with insolvency cases | Business Standard News
The corporate affairs ministry has proposed setting up special courts under the National Company Law Tribunal (NCLT) to deal with insolvency cases. Ministry officials say eight courts are proposed
GST rates still leave room for pruning
The Centre has reportedly favoured a pause in further rate cuts on the goods and services tax (GST) due to the revenue shortfall, estimated at
GST Council shows maturity | Business Standard Editorials
The latest meeting of the national council, which steers the implementation of the goods and services tax, or GST, moved forward on certain issues of
Prioritise pushing large firms via IBC | Business Standard Column
India has begun on resolving the corporate balance sheet, and four big firms have completed the process. The data for 2015-16 shows that there were
States want single audit of MSMEs – The Hindu BusinessLine
States governments have pitched for a single audit system for Micro, Small and Medium Enterprises (MSMEs) and for a one-time settlement scheme for legacy issues
Arriving at a fair value of the rupee – The Hindu BusinessLine
India must not remove cap on debt inflows in a hurry. A real exchange rate stable at 114-16 will stimulate exports This year rupee volatility
Economy of Maharashtra | सरकारी निवृत्ती | Loksatta
आर्थिक प्रगतीच्या संधींचा अभाव तर आहेच; पण आहेत त्या संधी मूठभरांच्या हाती.. म्हणून आरक्षणाची मागणी होत राहते.. कार्याचा कारणाशी काही फारसा संबंध नसेल तर जे
What your health insurance policy will not cover – The Economic Times
If your hospital segregates room rent and resident doctor’s charges in the bill, chances are your insurer will not foot it. Decoding a health insurance policy document
Debt resolution process: Rising litigation mars success of IBC | Business Standard News
Six months after the Reserve Bank of India (RBI) deadline for the second list of non-performing assets (NPAs), 17 of the 28 cases have been
GST concession but only halfway | Business Standard Column
Last week, the Union finance ministry issued several notifications, giving effect to decisions of the Goods and Services Tax (GST) Council at the latter’s 28th meeting. One of these,
Why are auditors rushing for the exit? – OPINION – The Hindu BusinessLine
It means they smell wrongdoing and don’t want to be implicated. Rating auditing firms will help enhance good governance There has been a rash of
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