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The amendments give committee of creditors of a loan defaulting company explicit authority over the distribution of proceeds in the resolution process and fixes a firm timeline of 330 days for resolving cases referred to the IBC.
Delhi has come to accept the Taliban takeover in Kabul as a reality and seems increasingly unsure of its dogmatic view of the Taliban as a mere proxy of the Pakistani military and security establishment, observes Ambassador M K Bhadrakumar.
Government has introduced the Real Estate Bill, 2013 in Rajya Sabha.
'One way of doing this could be offering credit guarantee to the banks, say 10 per cent, for fresh loans given to micro, small and medium enterprises,' observes Tamal Bandyopadhyay.
The Bill suggests an insolvency regulator.
Nearly all popular mouthwash solutions include ingredients that kill bacteria -- both the good and bad.
The term of the last chairman of the pension regulator, Yogesh Agarwal, was cut short by the finance ministry in November.
The railways is expecting a revenue of Rs 1,84,820 crore during the current financial year (FY17).
True, Azam Khan is being targeted rather disproportionately and also because of his Muslim identity. That must be protested and resisted. But to say that he is a big messiah, and his profit-making educational enterprise is an issue concerning all Muslims of India, is absolutely unjustified, assert Mohammad Sajjad and Md Mohammad Zeeshan Ahmad.
Replying to the general discussion on Budget in Lok Sabha, she said the former Congress chief was creating fake narratives but does not have patience to listen to replies on allegations levelled against the government.
The RBI has shelved its plan for polymer notes more than a decade after it invited interest from global manufacturers for one billion pieces of Rs 10 denomination polymer banknotes, reveals Tamal Bandyopadhyay.
The RBI panel has also recommended a government-sponsored 'fund of funds' of Rs 10,000 crore to support the venture capital and private equity firms investing in the MSME sector.
The Bill will facilitate setting up real estate regulators.
The sector faces many challenges and calls for prompt corrective action.
Political parties, including United Progressive Alliance ally Trinamool Congress, on Thursday night cried foul after the Rajya Sabha failed to pass the Lokpal Bill terming it as a "black day" for democracy and the Opposition demanded the resignation of the government for losing "political and moral authority".
The long-pending legislation that seeks to protect home-buyers from fly-by-night developers is likely to be sent to the Union Cabinet for its approval during the Winter Session of Parliament.
The amendment Act provides for the elimination of the exemption as it relates to compensation and resettlement and rehabilitation of families.
Compared to a third party insurance buying comprehensive insurance makes more sense, says Neeraj Gupta
Afghanistan's cricket team will shifted its home base from Sharjah to the Uttar Pradesh Cricket Association stadium in Noida where they will play their matches and practice after an MoU was signed on Thursday in this regard.
After much bickering, the Airports Authority of India and the state government-promoted Maharashtra Airport Development Corporation have agreed on the shareholding pattern of the company that will develop Nagpur's proposed international airport.
The dichotomy between richer and poorer states is largely in consonance with the diversity in state level disease burden in the country.
The NGT, however, refused to impose any further environment compensation on the AoL.
The comments assume significance in the backdrop of recent disclosures by messaging giant WhatsApp that said Indian journalists and human rights activists were among those globally spied upon by unnamed entities using an Israeli spyware Pegasus.
Since 2014, India has left its moorings as a pluralist, modern, secular State because that is how the BJP wants it to be, notes Aakar Patel.
Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman on Monday proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetizing assets to achieve the goals of the National Infrastructure Pipeline (NIP). Sitharaman said NIP, that was launched in December 2019 with 6,835 projects, has now been expanded to 7,400 projects and around 217 projects worth Rs 1.10 lakh crore under some key infrastructure ministries have been completed. "For 2021-22, I propose a sharp increase in capital expenditure and thus have provided Rs 5.54 lakh crores which is 34.5% more than the BE of 2020-21," the finance minister said.
Why is the Indian cricket team still using the Board of Control for Cricket in India (BCCI) logo which resembles 'Star of India' honour given by the British to their favourite princes in colonial times?
Moving to a new company means losing out on continuity benefits
If you are running a sweetmeat shop, will you manage a dairy for milk supply or buy milk from the market? Banks are running a dairy (which has its cost for processing milk), while NBFCs are buying milk from the market, observes Tamal Bandyopadhyay.
Realty Bill seeks its forfeiture in case of project delay.
PMC Bank depositors have spent the last one year holding protests, meeting politicians, writing to various authorities in an effort to get their hard-earned money back.
A major drawback of the Anti-Defection Law is the lack of precise definition of defection itself, points out Rup Narayan Das.
Providing interest subsidy to underprivileged students on educational loans and introduction of a bill to regulate foreign educational institutions in India are among the targets the Human Resource Development Ministry has set for the next 100 days. In response to the 100-day timeline set by Prime Minister Manmohan Singh, the HRD Ministry has prepared a 100-day activity plan that involves establishing educational tribunals in institutions for settling disputes.
Central Board of Indirect Taxes and Customs said despite the electronic way or E-way bill mechanism there has been rampant evasion and there is a need to increase compliance.
We can expect to see more Chinese wolf warrior diplomats on the prowl, in India's neighbourhood, though its mailed fist is not so visible while dealing with India, observes Colonel R Hariharan (retd).
From April 1, subscribers will be able to change investment option & asset allocation twice a year, instead of once. Use greater flexibility offered by pension scheme judiciously.
The Bill also makes it mandatory for every person presenting the document at the registration office to affix his passport size photograph and get photographed by a digital camera on the document.
If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.
'This confrontation could have been avoided by a less arrogant administration that initially listened, used whatever negotiating skills they had and tried to be more credible,' observes Ramesh Menon.
Modi also invited suggestions from the people for inclusion in his Independence Day speech.
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