Page 47 - Arup Roychoudhury

Lok Sabha clears bankruptcy code

The proposed Insolvency and Bankruptcy Code aims to slash the time it takes to wind up a company or recover dues from a defaulter

Wilful defaulters owe Rs 66,000 cr to govt banks

Rs 1.73 lakh cr of public sector bank money stuck in top 100 non-performing accounts as of Dec 2015

Will back public banks' Rs 12,000 cr loans to Punjab agri sector, govt likely to tell RBI

RBI directed banks to make 15% provision on loans of Rs 12,000 crore, which can result in total provisions of up to Rs 3,000 crore

Temples have given 1,512 kg under gold scheme: Sinha

Says there is considerable reduction in the quantum of gold imports during the past six months compared to the previous year

Panel gives bankruptcy law overseas ambit

Joint committee cuts timeline from 60 to 45 days; suggests shield for employees

Ashok Lavasa to be next expenditure secretary

Lavasa, a 1980 batch IAS officer from the Haryana cadre, will take over the expenditure department from Ratan Watal

Centre to sell 11.36% stake in NHPC today

Likely to fetch exchequer Rs 2,700 cr

DIPAM may issue fresh norms for PSU buybacks

The overhauling of disinvestment department to DIPAM is in line with the announcement made by Finance Minister Arun Jaitley in his Union Budget 2016-17

Watal's term ends this week

Shaktikanta Das likely to be appointed as finance secretary, Anjuly Chib Duggal as expenditure secretary

Finance Ministry note on changes in Sarfaesi law

There are amendments to the relevant laws to help banks recover dues faster in wilful defaults

Banks Board to look at MD appointments

DBT for fertiliser this financial year

Corporate tax rates are to be aligned with global average taxation while removing excessive exemptions by this financial year

India set to sign climate change treaty on Friday

Around 150 countries are expected to sign the agreement in New York on the same day

India widens Preferential Trade Agreement with Chile

As per the expanded PTA, Chile has offered concessions to India on 1,798 tariff lines with margin of preference ranging from 30-100%

Strategic sales plan faces many red lights

Govt bosses in no hurry to exit from PSUs; many agencies, long process likely hurdles

Vodafone's tax battle nearing no end

Tax department has indicated it will challenge Bombay HC order on Rs 3,200 cr transfer pricing case

Government tightens standards of PSU review

FinMin preparing draft Centre-state investment pact

Senior govt officials said that such agreement will ensure that states stick to the commitments that India guarantees foreign companies under Bilateral Investment Treaty

FM bets on disinvestment, spectrum and strategic sales revenue

Govt to adopt a comprehensive approach for efficient management of its investment in CPSEs

FM's fiscal deficit math turns more difficult

Jaitley and other senior finance ministry officials have said time and again that this year's fiscal deficit target of 3.9% of GDP would be met