Have the first five months of the Trump presidency taken us into a scarier new world of global economics and politics? I believe so. In
Big NPAs offer insolvency professionals a Rs 2,500-cr biz prospect
The Reserve Bank of India’s (RBI’s) move to push 12 large non-performing assets (NPAs) of the banking system into the insolvency process has created a
Maruti, Honda drive industry growth in FY18–Business Standard–19-06-2017
Domestic sales of passenger vehicles (cars, vans and utility vehicles) and two-wheelers witnessed a healthy growth rate of about 12 per cent and 10 per
GST: Anti-profiteering panel to levy penalty, to have sunset date of two years–Economic Times–19-06-2017
A five-member anti-profiteering authority will be set up to decide on levying penalty if businesses do not pass on the benefit of price reduction to
GST Council June 18 meet: Here are the key decisions taken today–Economic Times–19-06-2017
Here are some of the major points the Finance Minister talked about : 1. The official launch of the GST will take place on the
Farmers’ distress: Just ease their doing business–Economic Times–19-06-2017
By Nidhi Nath Srinivas Farming, India’s largest private sector, lacks the freedom successful businesses enjoy: surviving the bad years on the back of earnings in the
Treat local production as deemed exports–Economic Times–19-06-2017
Ahead of the rollout of the goods and services tax, the government plans to levy an import duty of 10% on 4G telecom gear. This
Farm sector on the boil: How Modi-led NDA government lost sight of the agricultural sector–Financial Express–18.06.2017
The governments cannot be blamed for the occurrence of drought, but governments are solely responsible for the mismanagement of the consequences of drought. Apart from
GST Council clears anti-profiteering, e-way bill rules, sets tax rate for lottery tickets–Financial Express–18-06-2017
The Goods and Services Tax (GST) Council has cleared anti-profiteering and e-way bill rules, sources have told news wire service PTI. After the meet, Finance
How not to usher in a cashless economy–Business Standard–18-06-2017
The government’s most talked about measure was the discontinuation of Rs 500 and Rs 1000 notes for three stated objectives — unearthing black money, eliminating
GST Council gives relaxation of 2 months for filing of GST returns–Economic Times–18.06.2017
Ruling out any delay for July 1 GST roll out, GST council today discussed and approved six set of rules including decision on e-way bills,
Defer GST rollout as IT network not ready: Assocham to FM Jaitley–Business Standard–17-06-2017
Industry chamber Assocham today demanded postponing GST implementation, saying that taxpayers will find it difficult to comply with the provisions of the new indirect tax
RBI initiates PCA against Bank of Maharashtra as bad loans rise–Business -S-tandard–17-06-2017
The Reserve Bank of India (RBI) has initiated Prompt Corrective Action (PCA) against Pune-based Bank of Maharashtra (BoM) in view of the high level of
If WhatsApp can run in rural areas, so will GST platform: GSTN chief–Economic -T-imes –17-06-2017
GST Network, the company that is readying the technology backbone for the new regime, has dismissed fears that the online tool will be too cumbersome
Stressed steel sector loans easier to resolve: bankers–Business Line [ The Hindu ] -17-06-2017
Thanks to revival in demand and prices–Stressed companies in the steel sector stand a better chance of getting resolved under the Insolvency and Bankruptcy Code
Steel, infra companies in RBI’s big-debtor list–Business Line [ The Hindu ] –17-06-2017 ]
‘Dirty dozen’ accounts for ₹2 lakh cr exposure Big companies in the steel and infrastructure sectors dominate the list of 12 large accounts identified by
No timeline for identification of additional defaulters: RBI’s S S Mundra–Financial Express–17-06-2017
RBI Deputy Governor S S Mundra today ruled out coming out with next batch of loan defaulters against whom insolvency proceedings will be initiated. The
Not demonetization, here’s what caused the farmers crisis in Maharashtra, Madhya Pradesh–Financial Express–17-06-2017
Talk to anyone in the agriculture/commodities sector, and they will tell you about the typical agriculture price-output cycle. A huge price spike will cause a
Don’t force flat buyers to pay entire amount before July 1: Tax dept–Business Standarad–17-06-2017
The indirect tax department has warned builders against asking flat buyers to face higher tax rates if they don’t pay the entire amount of houses
Telcos should seek removal of unjustified levies–Economic Times-17-06-2017
Telecom operators have reportedly asked the sector regulator, Trai, to set a floor price for voice and data tariffs to ostensibly tackle competition. This is
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