The circular issued on 12 February 2018 said that lenders have to provide a resolution plan within 180 days for large accounts of Rs 2,000 crore and above.
Monetary policies of People's Bank of China and the Reserve Bank of India have indicated more to come, as both are responding to global headwinds that have local ramifications.
Prime Minister Narendra Modi’s re-election bid has turned out to be tougher than earlier estimated, with investors turning cautious in the run up to the outcome.
Finance minister Arun Jaitley will address the RBI board to highlight the key points of the interim budget, including the fiscal consolidation roadmap.
Trump’s OBBB is framed to augment domestic semiconductor production and enhance trade protection, even at the expense of certain social programs such as Medicaid, food stamps, and student loans, as well as a projected ballooning federal deficit from US$2.8 to 3.3 trillion
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
Under joint venture, JSW Sarbloh Motors will indigenise and manufacture TX range ATVs in Chandigarh. The first India-assembled unit is expected by early 2026.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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