Economy

Home buyers are “unsecured creditors” The two laws enacted in 2016 may have the best of intentions, but the Insolvency and Bankruptcy Code (IBC) and the Real Estate (Regulation and Development) Act (RERA) appear to be pitted against each other...

RBI approval gives opportunities to serve global NRIs Rana Kapoor expands YES BANK to London and Singapore. YES BANK, India’s fourth largest private sector bank has received Reserve Bank of India’s (RBI) approval to open two representative offices in London...

logistics sector can expect renewed momentum With the Indian logistics sector having taken centre-stage of government reforms, moving towards an integrated ecosystem is pertinent for holistic growth of the sector, as recommended in a thought paper jointly produced by ASSOCHAM...

Private finance pivotal of urban development India's urban infrastructure is growing rapidly with nearly US$180 billion in new investment projected by 2040, according to an Asian Development Bank (ADB) official. Citing this projection from a recent survey, Kenichi Yokoyama, ADB's...

Air India stake attracts a lot of queries Private equity (PE) and venture capital (VC) funds with adequate enterprise or managerial or technical investors in the whole consortium sort of model can come forward to participate in strategic divestments like...

Programme for cashing new business opportunities   The Director General of Foreign Trade, Alok Vardhan Chaturvedi, has called upon industry to adopt and implement internal compliance programmes (ICP) on export control as it scouts for new business opportunities that have...

Export Control Compliance Manual 2018 unveiled Dilip Chenoy. India’s membership of multilateral technology-supply regimes would facilitate India’s access to advanced technologies, boost growth, particularly in the value-added manufacturing sectors and give a fillip to the government’s ‘Make in India’ campaign,...

Farm produce cargo hub for international markets Minister Prabhu (in white shirt in center) talks about Goa airports on 16 April 2018. The Civil Aviation Ministry is in talks with the World Bank and other major institutions to promote Goa...

SGX committed to collaboration with GIFT city SGX will list new Indian equity derivative products in June 2018, to provide market participants with continuity and the ability to seamlessly transition their current India risk management exposures. These products also add...

Why RERA is still not a market force Many state governments have been lax in implementing Real Estate Regulation and Development Act (RERA), writes Anuj Puri, Chairman – ANAROCK Property Consultants. There are various forces at play - the primary...