The woes of a litigant start when he or she knocks at the door of the lowest rung of the judiciary near his village or town. The
Keep the regulator off boards of banks–Economic Times
The government is reported to be against the Reserve Bank of India (RBI) withdrawing its nominees from the boards of public sector banks. This is
Public credit registry will widen credit, improve quality: RBI DG – The Economic Times
Acharya quoted the World Bank’s Doing Business 2018 report saying that 44 countries had both a PCR and PCBs while 52 counties had only a
PCR: A comprehensive platform–Economic Times
By Ashu Suyash The Public Credit Registry (PCR), a body proposed by a high-level task force set up by the Reserve Bank of India (RBI), promises
Unitech case: Supreme Court orders sale of personal assets – The Financial Express
Cracking its whip on Unitech, the Supreme Court on Tuesday asked the Dhingra committee to sell all the unencumbered personal assets of the directors of
GST: Slew of conflicting rulings by AAR threatens to hassle businesses – The Financial Express
Earlier this year, the tax department had released frequently asked questions on financial services sector, which had clarified that GST would be levied on services
Allahabad High Court reserves order on stressed power assets – The Financial Express
As per the circular, lenders will have to come out with a resolution plan for as many as 34 stressed power plants worth Rs 2.5
RBI can’t be on bank boards – Here is why – The Financial Express
As a regulator, the central banks must have the right to decide whether or not it wants RBI executives to be directors on the boards
Operating guidelines by next week, says SBI deputy MD – The Financial Express
Operating guidelines for lead banks and the steering committee under the inter-creditor agreement (ICA) will be issued by the middle of next week, said C
बोलणाऱ्याची बोरे | Loksatta [ Economy ]
रिझव्र्ह बँक आणि सांख्यिकी विभागाच्या अहवालांनी मोदी सरकारची वातावरणनिर्मिती आणि प्रत्यक्ष वास्तव यातील तफावत समोर आली. प्रचार आणि वास्तव समजून घेण्यासाठी ताजे दोन अहवाल महत्त्वाचे
Why Gurumurthy & RBI are a mismatch–Economic Times–
The quality of mercy, we know, is not strained, that is, forced. Can the quality of success be stretched? Does success in one field qualify
Take realistic view of loan losses: Govt tells banks – The Economic Times-R
Banks should take a realistic view for their loan losses appearing out of insolvency proceedings that resolve bad loans in a time bound manner, said senior government officials.
Cheering numbers: GST imparts a big push to Income Tax base – The Financial Express
According to official data, e-returns of 3.43 crore were filed between April 1 and July 31, 2018, compared with 2.24 crore in the year-ago period.
RBI stands firm: ‘Power sector has chronic defaulters’ – The Financial Express
In a stern rebuttal of the power ministry’s contention that only “external factors” are to be blamed primarily for the high incidence of stress in
Why rulings by tax tribunals must be tempered – The Financial Express
In the Castleton income tax case, the AAR had ruled, in 2012, that even though it did not have a ‘permanent establishment’ in India, it
Opting for presumptive tax scheme? Here’s what to look out for – The Financial Express
Another drawback in these presumptive taxations in the case of partnership firms is that partners’ interest and salary are not allowed as deduction. Once a
NCLAT stays liquidation of Jyoti Structures Ltd – Today’s Paper – The Hindu BusinessLine
The National Company Law Appellate Tribunal (NCLAT) on Monday granted an interim stay on the liquidation of Jyoti Structures Ltd. The National Company Law Tribunal
IBC wins against taxman, yet again – The Hindu BusinessLine
The Supreme Court has ruled that the Insolvency and Bankruptcy Code (IBC) will override Income-Tax rules on claims. “Given Section 238 of the Insolvency and
Creditors of Bhushan Steel stand to lose even after resolution – NEWS – The Hindu BusinessLine
The resolution plan for the debt-ridden Bhushan Steel Ltd is in place with Tata Steel willing to acquire the former for Rs. 35,000 crore, but
For quick loan decisions, consortiums to get slimmer, says SBI Chairman – MONEY & BANKING – The Hindu BusinessLine
To ensure that there is no delay in decision-making on loans, the banking system is looking at reducing the number of members in a consortium
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