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Lack of transparency plagues India's new insolvency and bankruptcy regime -Nitin Sethi

-Scroll.in A year after its launch, the new process that handles the recovery of crores of rupees of unpaid corporate debt is shrouded in opaqueness. India’s new insolvency and bankruptcy regime has been functioning for a year without any disclosure norms or mandatory transparency regulations. In the first year of its application, the regime is already dealing with more than 450 cases that add up to thousands of crores of rupees...

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Bank depositors' interests will be protected, assures PM

-The Hindu Business Line Blames UPA for NPA mess; says industry bodies should have been more vigilant New Delhi: Prime Minister Narendra Modi did not mince words when he addressed industry captains at the 90th Annual General Meeting of the Federation of Indian Chambers of Commerce and Industry here on Wednesday. In a speech that lasted slightly over 45 minutes, Modi put to rest all concerns pertaining to use of individuals deposits for...

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Journalists connect dots -Pheroze L Vincent

-The Telegraph New Delhi: Hundreds of journalists, activists and Opposition leaders converged at the Press Club of India and other venues in Lutyens' Delhi to speak out against the fear that has set in after senior journalist Gauri Lankesh's murder. Journalists condemned the hate campaign by Twitter trolls followed by Prime Minister Narendra Modi and called for introspection within news agencies on the role the media play as the fourth pillar of...

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Import talk halts onion price surge -Rahul Wadke and Vishwanath Kulkarni

-The Hindu Business Line Mumbai/ Bengaluru: As talk of onion imports gains ground, the price rally in the bulb in recent days seems to be ebbing. Wholesale prices of onions across major markets in Maharashtra, such as Lasalgaon, Pimpalgaon and Niphad, have witnessed a decline in the last two days. In Pimpalgaon, where arrivals stood at 2,500 tonnes on Friday, the modal prices dropped by a fifth to Rs. 2,000 per quintal...

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Centre gets a taste of 'fake news' on GST

-The Telegraph New Delhi: The Narendra Modi dispensation, which has used social media as a force multiplier and reaped huge political dividends, is now having to reckon with its Rumour-spreading powers that threaten to throw a spanner in the government's GST blitz. In the first three days of the rollout of the new tax regime, the finance ministry has had to step in twice to counter Rumours that were spreading like wildfire...

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