BUSINESS
Opinion | New courts for IBC will help, but more needs to be done
Resolving insolvency cases speedily is necessary to clean up the balance sheet of both banks and corporate India and is a key condition to kick-start bank lending and boost private investment demand
BUSINESS
Opinion | An earnings recovery is underway but real risks abound
Leading indicators are showing a moderation in demand, at least for the current (July to September) quarter. For instance, Nomura’s composite leading index, fell for the first time in six quarters.
BUSINESS
Opinion I After rate hike, RBI gears up for period of uncertainty
The tone of the statement though is less hawkish than previous ones and seemingly at odds with both the rate hike and projections for inflation for the next three quarters.
BUSINESS
Opinion I Why RBI will likely raise interest rates on August 1
Why will the decision be a close call? It depends on how one looks at the flow of data since the rate setting panel’s last meeting in June ranging from inflation numbers to recent stability in financial and oil markets
BUSINESS
Opinion | There’s a need to develop corporate bond market, but SEBI’s proposal is regulatory overreach
Forcing firms to mandatorily switch their borrowings is neither advisable nor sustainable without any thought given to who would buy this fresh supply
BUSINESS
Opinion I What HUL and Bajaj Corp results say about the rural economy
Greater clarity on the sustainability of this pick-up will emerge once more rural wages data is available.
BUSINESS
Opinion |How reckless states will hit stability and investment, which may spur higher rates
In 2017-18, the gross fiscal deficit of states was reported at 3.1 percent of the gross domestic product (GDP) compared to a target of 2.7 percent, according to Reserve Bank of India data.
BUSINESS
Opinion | Hope trumps reality in new NPA resolution framework
A committee of bankers from state-owned lenders will hope that there is a large market of private investors waiting to buy stressed assets.
BUSINESS
Opinion | Has IRDAI failed to protect policyholder interest by okaying LIC-IDBI deal?
The insurance regulator must clearly spell out the reasoning for allowing this stake increase and whether it is a one-off.
BUSINESS
Opinion | Rupee fall makes case for rate hike in August
A weaker rupee and rising crude prices could lead to imported inflation and make the case for the central bank to be more cautious.
BUSINESS
Opinion | Why Vijay Mallya must be made to face the law even if he settles dues
A financial settlement with Mallya will give confidence to businessmen who have had serious financial fraud charges against them that they can buy their way out of a jail term.
BUSINESS
Opinion | OPEC decision unlikely to bring much relief to India for now
Brent crude prices rose 2.56% to nearly $75 a barrel soon after OPEC's announcement, which indicates that the market had discounted a 1 mbpd raise in output and had expected more.
BUSINESS
Opinion | Asset reconstruction company for power sector doesn't do away with need for deep reforms
In a country which is no stranger to periodic bailouts of state electricity boards, it is now thermal power producers who are battling high debt and operating at low capacity utilisation.
BUSINESS
Opinion | Like Kochhar, the ICICI Bank board should go on leave, but permanently
Ever since the conflict of interest allegations emerged against Kochhar, the board has acted as if it was the personal defence team of the embattled CEO
MARKETS
Opinion | Are Indian markets prepared to deal with increasing global stress to the economy?
Rising crude oil prices, a worsening current account deficit, and a slowdown in foreign investment inflows threaten to upend economic recovery.
BUSINESS
Power sector stressed asset resolution will be tougher, but there is good appetite for good assets: Bahram Vakil
In an interview, Vakil said that the learning process and tweaks to the Insolvency and Bankruptcy Code would continue for at least two years although the recent ordinance has sorted most of the issues identified in the last 18 months.
