Showing posts with label BS NEWS DIGEST. Show all posts
Showing posts with label BS NEWS DIGEST. Show all posts

Friday, 30 March 2018

News digest: RBI policy review, e-way bill, ball tampering row, and more

News digest: RBI policy review, e-way bill, ball tampering row, and more

Number of delisted companies on the rise; bourses may see more exits

Despite a record line-up of debuts on the bourses this year, India’s listed universe is shrinking, and shrinking fast.

Around 1,000 companies were compulsorily delisted in the past two years on the BSE and the National Stock Exchange (NSE). And, by some estimates, another 1,000-2,000 may be shown the door, effectively contracting the universe of listed shares by 30-50 per cent. Read more here

RBI may keep repo rate unchanged at 6% in April policy review: BS Poll

There is a clear consensus that the six-member monetary policy committee of the Reserve Bank of India (RBI) would keep the repo rate unchanged at 6 per cent next week.
But surprisingly, there is a narrow chance that the central bank may cut rates in the future, according to a Business Standard poll of 15 economists and treasurers. Read more here 

Tuesday, 26 December 2017

News Digest: RCom to exit SDR, GST collections, fixed-term jobs, and more

News Digest

RCom to get out of SDR; finalises Rs 39,000-cr debt resolution plan

Anil Ambani-owned Reliance Communications (RCom) said on Tuesday it had exited the strategic debt restructuring (SDR) scheme of lenders by agreeing to sell its telecom towers, real estate and other assets, and getting a strategic investor in the “new RCom”, which would help reduce its debt by Rs 39,000 crore. Read more

Budget worries: GST collections fall to lowest in November at Rs 80,808 cr

In continuance with the slide, the mop-up under the goods and services tax (GST) in November fell to just above Rs 80,000 crore – a decline that could be attributed to the rate reduction for more than 200 items in the same month and the use of the integrated GST (IGST) as credit for paying taxes. Read more

Budget 2018: Decongesting big cities on Nitin Gadkari's priority list

In a major plan to decongest cities and improve transportation, the Union road transport ministry has sought an additional Rs 25,000 crore as budgetary support for 2018-19. Read more

Govt may bring back proposal to allow fixed-term employment

The National Democratic Alliance (NDA) government is exploring the possibility of bringing back a controversial proposal to allow industries to hire workers on fixed-term contracts. Read more