Supreme Court fines petitioners for waste of Court’s time…

In an important judgement, Honourable Supreme Court has imposed a fine of Rs 25 lakh each on all the three parties in a corporate case dating back to 1998. The case is about a share purchase & cooperation agreement entered into by Messer Griesham GmbH, a German Company and an Indian company called Goyal Gases Ltd and […]
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Supreme Court fines petitioners for waste of Court's time…

In an important judgement, Honourable Supreme Court has imposed a fine of Rs 25 lakh each on all the three parties in a corporate case dating back to 1998. The case is about a share purchase & cooperation agreement entered into by Messer Griesham GmbH, a German Company and an Indian company called Goyal Gases Ltd and […]
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CPI and WPI Inflation- Making sense of numbers..!

Inflation… Probably the most haunted word, for both, households and the policy makers. It is equally haunting for the readers/students of economy and business..! Continue reading “CPI and WPI Inflation- Making sense of numbers..!”

Weekly Round Up – Week 15

Events covered – Sale of UK long product plant by Tata Steel. Meanwhile, the process for sale of second package also begins. That would leave Tata Steel with only the Netherlands operations Unit, which is EBITDA  positive. Finance ministry to replace interest subvention with interest subsidy. Jewelers’ call of their strike after more than six […]
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e-NAM – A game changing initiative..!

The launch of e-NAM – the electronic platform for trading of agriculture produce and creating a unified National Agriculture Market, is probably, as revolutionary a move for farmers as was the Economic liberalisation of 1991 for the whole nation. And the fact that it has come 25 years after that path breaking exercise, speaks so […]
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IIP Growth – How good are the numbers..??

The data for IIP growth for Feb’16 show a smart recovery. The IIP growth rate has improved to 2.0% against three consecutive months of decline at an average pace of -2.0%. Which means it is a reversal of nearly 4%. While most of the gain has come  from mining and Electricity, manufacturing has also showed […]
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IMF World Economic Outlook, April’16. What is new…

The IMF projects a 0.2% downward revision for the world growth in 2016, which stands at 3.2% now. Almost all the major economies have witnessed a downward revision, except China for which there is 0.2% upward revision and India where there is no change. Beyond the numbers, key points of the 230 page report (equal to […]
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IMF World Economic Outlook, April'16. What is new…

The IMF projects a 0.2% downward revision for the world growth in 2016, which stands at 3.2% now. Almost all the major economies have witnessed a downward revision, except China for which there is 0.2% upward revision and India where there is no change. Beyond the numbers, key points of the 230 page report (equal to […]
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Rain, Rain; Come soon…

The IMD’s (Indian Metrological Department) prediction of monsoon being 106% ± 5% of LPA has brought only cheers, but even tears of happiness on this good news for the nation, so deeply dependent on monsoon and having faced the wrath of Rain Gods for two  consecutive years with serious deficit in monsoon. So much so, […]
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Interest Subvention vs Interest Subsidy – A far reaching reform measure…

The Finance secretary Mr Ratan Watal’s statement on the issue again re-affirm the fact that the government is firing on all cylinders and in all directions..! The proposal simply means that instead of mandating banks to give loans at lower rates to certain categories such as farmers or textiles plants under different schemes, it will […]
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