Economy-News-Economic Times

    How to prevent IBC from becoming a victim of its own success

    How to prevent IBC from becoming a victim of its own success


    An insolvent firm was a veritable nightmare for nearly everyone concerned, and allowed unscrupulous promoters to endlessly delay a...

    An insolvent firm was a veritable nightmare for nearly everyone concerned, and allowed unscrupulous promoters to endlessly delay a resolution.
    State appellate body upholds GST on liquidated damages

    State appellate body upholds GST on liquidated damages


    Liquidated damages are fines levied by the owner of a project to the contractor in case of cancellation or delay of trial operation within the specified time period in the...

    Liquidated damages are fines levied by the owner of a project to the contractor in case of cancellation or delay of trial operation within the specified time period in the contract.
    Tough for directors to give up ID numbers

    Tough for directors to give up ID numbers


    A recent news item that the government has decided to deactivate the DINs of as many as 21 lakh directors was followed by a frenzy of messages on social media...

    A recent news item that the government has decided to deactivate the DINs of as many as 21 lakh directors was followed by a frenzy of messages on social media groups.
    Trade war can spill over into India, says KM Birla

    Trade war can spill over into India, says KM Birla


    The global trade friction is worrisome, it can have spillover negative effect on India, Birla...

    The global trade friction is worrisome, it can have spillover negative effect on India, Birla said.
    Ministerial panel to take stock of GSTN today

    Ministerial panel to take stock of GSTN today


    Most of the issues flagged by the Group of Ministers so far with regard to technical aspect of the GSTN has been resolved, an official...

    Most of the issues flagged by the Group of Ministers so far with regard to technical aspect of the GSTN has been resolved, an official said.
    Southwest monsoon may start withdrawing this month end

    Southwest monsoon may start withdrawing this month end


    After making a strong start with an early arrival on May 29, the southwest monsoon season has been rife with anomalies this...

    After making a strong start with an early arrival on May 29, the southwest monsoon season has been rife with anomalies this year.
    Government expects to create 15 lakh tonnes silo capacity under PPP by 2019

    Government expects to create 15 lakh tonnes silo capacity under PPP by 2019


    To be sure, land acquisition is a big challenge for the government’s ambitious plan of constructing 100 lakh tonne capacity of silos across the...

    To be sure, land acquisition is a big challenge for the government’s ambitious plan of constructing 100 lakh tonne capacity of silos across the country.
    Centre mulls policy intervention to make PCPIRs attractive

    Centre mulls policy intervention to make PCPIRs attractive


    "There are some issues with regard to PCPIRs. We are working on various options," Department of Chemicals and Petrochemicals Secretary P Raghavendra Rao...

    "There are some issues with regard to PCPIRs. We are working on various options," Department of Chemicals and Petrochemicals Secretary P Raghavendra Rao said.
    55,000 shell firms struck off in 2nd phase: Government

    55,000 shell firms struck off in 2nd phase: Government


    The corporate affairs ministry has already struck off over 2.26 lakh firms for non-filing of financial statements or annual...

    The corporate affairs ministry has already struck off over 2.26 lakh firms for non-filing of financial statements or annual returns.
    Export credit falling due to heavy-handed approach to NPAs: P. Chidambaram

    Export credit falling due to heavy-handed approach to NPAs: P. Chidambaram


    The BJP-Congress spat over bad loans of banks continued on Friday with former Union Finance Minister P. Chidambaram blaming the government's "heavy-handed" approach to the NPA problem for the sharp decline in export...

    The BJP-Congress spat over bad loans of banks continued on Friday with former Union Finance Minister P. Chidambaram blaming the government's "heavy-handed" approach to the NPA problem for the sharp decline in export credit.
    India asks Russia to cut duty on packet tea

    India asks Russia to cut duty on packet tea


    India’s tea industry aims to increase its exports to Russia to 65 million kg by 2020 from 48 million at...

    India’s tea industry aims to increase its exports to Russia to 65 million kg by 2020 from 48 million at present.