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MORATORIUM CASE
NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- Health insurance works only when everyone contributesA small group of health insurance customers accounts for most hospitalisation costs. The remaining 95% must pay premiums to keep the system...
- Vi shares double investments in 1 year. Here’s what analysts from Macquarie, JPMorgan, other global brokerages sayVodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. Whi...
- Relief now, risk later? ECLGS 5.0 aims to ease MSME stress, industry flags risks in moratorium termsECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.
- Cabinet clears Emergency Credit Line Guarantee Scheme 5.0 to cushion MSMEs, airlines amid Gulf warThe government has approved a new credit scheme, ECLGS 5.0, to support airlines and small businesses facing economic challenges. This initi...
- A foreign degree at zero cost? These scholarship strategies can turn your dream of overseas education into fully funded studySecuring prestigious scholarships for studying abroad requires more than just academic merit; it demands years of dedicated groundwork and ...
- Stage set for Elon Musk's court battle with OpenAIAs the courtroom doors swing open on Monday, tech titan Elon Musk steps into a fierce clash against AI powerhouse OpenAI. Musk argues that ...
- Can you fulfil your study abroad dream without going broke? Here are 7 ways to minimise costsStudying abroad involves more than just academic merit; it's a significant financial investment. Indian students often underestimate hidden...
- Insolvency law not a recovery mechanism, Supreme Court reiterates in key IBC rulingIn a landmark decision, the Supreme Court has clarified that insolvency law is not intended for the mere pursuit of debt recovery. It highl...
- AT-1 case: Yes Bank does not expect material financial impact from Supreme Court rulingThe Supreme Court has officially concluded the hearings related to the Additional Tier-1 bond write-down of Yes Bank, with a verdict now on...
- Faster insolvency process proposed with creditor-led resolution frameworkA new Creditor-initiated Insolvency Resolution Process (CIIRP) aims to expedite debt resolution, allowing financial creditors with 51% debt...
- Indian officials see Iran war oil shock as disruptive as CovidIndia is drawing on its Covid-era playbook to cushion the economic blow from the Iran war, with officials warning the disruption to energy ...
- Maine may become first US state to pause new data centresMaine is poised to become the first US state to pause new data centre construction. Lawmakers approved a bill that requires a moratorium on...
- Non-violation complaints under WTO's TRIPS agreement: An explainerWorld Trade Organisation members could not agree to extend a safeguard on intellectual property rules. This means the moratorium on non-vio...
- Supreme Court order out, D-Street hopes banks will reveal NPAs nowThe apex court said no compound or penal interest -- or interest on interest -- will be charged from borrowers for the six-month loan relie...
- SC defers hearing to November 5 on pleas related to loan moratorium schemeThe Reserve Bank of India and the Finance Ministry have already filed separate additional affidavits in the apex court saying that the bank...
- Bring something concrete, common man's Diwali in government's hand: SC on loan reliefThe Supreme Court on Wednesday said the centre should implement "as soon as possible" interest waiver on loans of up to Rs 2 crore under th...
- Eye-watering problem: Agra-based optician's claim threatens to break the Indian banksThe 53-year-old optician's $13,500 debt risks destabilising India's banks. That is because a complaint he brought challenging the loan reli...
- Supreme Court reprieve for borrowers in loan moratorium caseThe govt and RBI who are represented by solicitor general Tushar Mehta defended their stance and submitted that the issue required a holist...
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