More than 90% of Essar Steel’s committee of creditors had voted in favour of the bid by Arcelor Mittal, which has promised Rs 39,500 crore
Small businesses likely to be off GST radar; council to decide on Thursday | Business Standard News
The Goods and Services Tax (GST) Council will take a decision on increasing the turnover threshold for mandatory registration under the ambit of GST on
Gujarat tax dept moves NCLT against Essar’s resolution professional | Business Standard News
The Gujarat state tax department has filed a petition against the resolution professional of Essar Steel at the Ahmedabad Bench of the National Company Law Tribunal (NCLT), seeking details of the
IBC–A promising start – The Hindu BusinessLine
But the jury is still out on whether the IBC process is fully serving its intended purpose In a recent social media post, Finance Minister
Four ways to make Insolvency & Bankruptcy Code work–Business Today
There are many ideas that are under implementation and discussion to support the new code. The finance minister Arun Jaitley has hinted at a possible
Fixing the Bankruptcy Code- Business News–Business Today
It has not given bankers the realisations they had hoped for. Now the government has unveiled a new approach even while they are modifying the
US Monetary Policy: The Fed should be congratulated for its steadfast commitment to policy normalisation – The Financial Express
As the Fed’s leadership passed to Ben Bernanke in 2006, market-friendly monetary policy entered an even braver new era. I have not been a fan
PSU Banks news: Public sector banks recovery against NPAs doubles this year – Times of India
Public sector banks reported recovery of Rs 60,713 crore against non-performing assets (NPAs) in the first half of the current year, which is double of
Clarified e-commerce FDI norms will not impact stability, predictability: government official – The Economic Times
The clarified norms on foreign direct investment (FDI) in e-commerce have not impacted the stability and predictability of the country’s regulatory environment as there is no change
Out of my mind: A new game | Opinion News, The Indian Express
Meghnad Desai loves to cook, watch and write about old Bollywood movies and shuttles between London, Delhi and Goa. He pursues controversies on economics, history
A global slowdown? – The Hindu
Policymakers will have to bust recessionary fears with more than just monetary policy Stock markets across the world had very little reason to celebrate in
Jobs, in perspective | Opinion News, The Indian Express
As many domestic and international experts have speculated, job creation worldwide is less now because of robots (artificial intelligence) and a decline in global GDP
RBI’s New Year giveaway may hurt credit culture, says Fitch unit | business news | Hindustan Times
The relief to small businesses was Shaktikanta Das’s first big policy move as RBI governor, and surprisingly came a day after the central bank’s financial
Who will RBI gov oblige?–Deccan Chronicle
The government and non-banking finance companies that have been smarting under the strict capital adequacy norms of the Reserve Bank of India (RBI) are expecting
Govt hunts for GST defaulters as compliance rate continues to decline – The Financial Express
The percentage of taxpayers who have not filed returns under GST has risen to over 28% in November 2018. The government is on the hunt
Jet Airways, bankers to meet airline’s vendors, lessors to discuss debt plan – The Hindu BusinessLine
Debt-laden Jet Airways is close to reaching a deal with State Bank of India (SBI) for a fresh loan of ₹15 billion ($215 million) to meet its
NCLT removes auditor for the first time under new Companies Act | Business Standard News
The National Company Law Tribunal (NCLT) has removed the statutory auditor of Zen Shaving and allowed the Ministry of Corporate Affairs (MCA) to appoint an independent director in his
India wants a simpler, easier GST complaint form for consumers – The Economic Times
India wants to make it easier for consumers to complain against companies that may not be passing on the benefits of lower goods and services
Rupee: Can rupee again head to 75 to the dollar in 2019? Yes, & here is why – The Economic Times
Calendar 2019 promises that global factors will dominate again, but the outcome may be very different. We have already seen the trailer. Financial markets in
With another failing airline, RBI is on test under Shaktikanta Das – The Economic Times
With the man behind that rule out of the way on Mint Street, the permission to restructure SME loans by the new Governor Shaktikanta Das
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