Government readies plan to push India into top 50 ease of business rankings
The government on Tuesday set out the roadmap to get India to break into the top 50 countries in the World Bank’s Ease of Doing Business rankings with Prime Minister Narendra Modi brainstorming with ministries.
20 financial resolutions to make in 2020
Keeping anything till the last minute is never a good idea, especially when it comes to money matt...
This Indian corp bond is among the 10 worst bets of the decade
From high finance to pet food, a lot of good money was thrown at some really r...
The strongest major currency of 2019 could stall out in 2020
'The key risk is the BOC, which tends to talk more dovishly whenever CAD shows material strength'
Air India stops issuing tickets on credit to government agencies that owe it over Rs 10 lakh: Official
"Various agencies, including the Central Bureau of Investigation, , Information Bureau, Central Labour Institute, Border Security Force and the Indian Audit Board, have been told that tickets would not be issued to their officials on credit. Each of these agencies owe more than Rs 10 lakh to the national carrier," the senior official said.
Credit crisis is easing for safest corporate borrowers
Policy makers have been fighting to prevent debt markets from seizing up.
Taxman may get to block doubtful input tax credit
The govt is set to tweak GST law that would allow taxman to block input tax credit of cos if they suspect fraud.
PM-Kisan, mandi reforms steal the show in 2019
The Centre's focus in 2019, continued to be 'kisan kalyan' (farmers' welfare) in the second term of the Modi administration and the policy changes were as per the recommendations by the Dalwai Committee for doubling farmers' 2015-16 income level, in real terms, by 2022.
IL&FS looks to sell stake in Gift City
Kotak referred to IL&FS as a “test case” on a group-wide resolution of stressed assets.
Emerging Market equities may have a Happy New Year
Valuations, too, are in favour of the EMs. They are at the level of the Asian crisis in 1997.
Extend deadline for inter-creditor pacts: Banks to RBI
Banks are willing to make the additional 20% provision that breaching the deadline entails but want the window of resolution open until the March 31 financial year end to avoid the value destruction that they say would follow by taking the NCLT route as prescribed by the Insolvency and Bankruptcy Code (IBC).
Banks continue to remain wary of lending to NBFCs
Banks undertake purchase of retail pools under the securitization mode to meet their priority sector and retail lending requirements. As per central bank rules, the risk and rewards of the securitization pool is to be borne by the buyer without any recourse of credit loss to the seller.
FII flows to Indian stocks hit record in 2019, analysts gung ho about 2020 too
FIIs pumped in a net of more than Rs 1 lakh crore in Indian stocks during the year gone by.
85% of multibaggers came from private banks, NBFCs & specialty chemicals in last 8 years: Samit Vartak
NBFCs or private banks are the ones where the growth opportunities are tremendous.
India has 96 universities ranked, including 20 brand new entries in QS World University Rankings: Asia 2020
The country has 31 institutes among the top 250. Of these, 18 dropped compared to last year, 12 gained ground and one remained stable.
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