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How India can solve its $260-billion stressed debt problem

An alternative investment fund (AIF) for our finance industry will at least rekindle sentiments.

pre Budget

Dec 13, 2019, 05.39 AM IST

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PRE BUDGET

IIT Kharagpur students receive 1300+ jobs in 11 days

Indian Institute of Technology (IIT) Kharagpur saw its first phase of placements starting on 1st December 2019 and continued till 11th December 2019, in which 280 pre-placement offers were extended to students and over 1300 students got placed. The median salary calculated on the available data stands at Rs 15 lakh per annum.

Google India to face trial in pre-2009 defamation case

Visaka Industries filed the complaint after the company said it issued legal notices a...

Iran unveils budget to resist US sanctions

The US sanctions imposed last year in a bitter dispute centred on Iran’s nuclear programme include...

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  • After unilaterally withdrawing from a 2015 nuclear deal between Iran and world powers in May last year, the US began imposing sanctions on Tehran, including on oil exports, which it aims to squeeze to zero in a campaign of "maximum pressure". Iran has suffered a sharp economic downturn, with a plummeting currency sending inflation skyrocketing.

    CGST collection during Apr-Nov stood at Rs 3.28 lakh crore against budgeted estimate of Rs 5.26 crore.

    It is holiday time of the year again and many would be gearing up for getaways. Among the very new-age types of travelling, backpacking has become a hit. For your 2020 travel goals, follow these backpacking trails across India even as you save money.

    The ministry has informed the CAG that it has examined the matter in consultation with IOC and BPCL and directed both companies to recover the “unauthorised” payments made to their employees. The two companies have been asked to furnish action taken report on the matter.

    The budget for 2020-21 to be presented on February 1 is keenly awaited for the expected second wave of structural reforms for pulling out the economy from its over six-year low growth. In addition to expenditure secretary, the position of joint secretary, one of the key officials in the entire Budget-making process, is also vacant for almost three months.

    This year we are around 5% and next year 6-6.5%, the PMEAC chairman said about the country's GDP growth.

    The total number of job offers to IIT Delhi students stand over 750. The students selected are from undergraduate, post graduate and PhD programmes. Some companies who made domestic job offers include Microsoft with 30 offers including 2 international offers, Societe Generale - 13 offers, Mastercard - 11 offers, Standard Chartered - 10 offers among others.

    Central bank’s watching the top 50 NBFCs much more closely and is making deep dive into their books, their balance sheets and other numbers wherever necessary, says Governor Shaktikanta Das. He said that RBI has a fairly good idea of where the vulnerabilities lie. It is holding periodic discussions with the management and promoters of NBFCs.

    “The pre-2020 implementation gaps should not present an additional burden to developing countries in the post-2020 period,” the Indian government said in an official statement. India said if the developed countries fail to meet their Cancun pledges to reduce emissions by 2020, it would put additional pressure on the developing countries.

    “The forthcoming union budget will also provide better insight into further measures to be undertaken by the government and its impact on growth. Against this backdrop, the MPC judged that there is monetary policy space for further action, but it felt it appropriate to take a pause at this juncture.”

    New Delhi, Dec 03 (ANI): Indian Navy Chief Admiral Karambir Singh admitted that their defence budget has declined in recent years. “Navy's s...

    When the Goods and Services Tax (GST) was introduced on July 1, 2017 amalgamating 17 central and state levies, five commodities namely crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) were kept out of its purview given the revenue dependence of state governments on this sector.

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