Pragya Srivastava

Pragya Srivastava works for Financial Express Online - a newswoman by the day, binge-watcher by the night! She writes on Indian economy & banking and finance. Pragya is a staunch defender of free speech.

In Anil Ambani’s RCom’s bankruptcy, here’s how Ericsson has managed to stay in the game

The National Company Law Appellate Tribunal (NCLAT) on Monday agreed to hear plea filed by Swedish firm Ericsson against Anil Ambani's Reliance Communications (RCom) on February 12, while passing an interim order that no ass

Ericsson's claimed amount of Rs 1,150 crore was admitted by National Company Law Tribunal (NCLT) in May last year News

In Anil Ambani’s RCom bankruptcy, government is likely a loser

With RCom undergoing insolvency, DoT, which is an operational creditor, is likely to be paid after financial creditors as per the IBC rules.

 RCom, Reliance communication, supreme court, jio News

Modi’s last Budget hinges on double digit growth, heavy borrowing, jump in tax collections

Budget 2019: Finance Minister Piyush Goyal, however, sounded poll bugle without much deviation from the fiscal deficit target in his maiden Budget presentation. Interestingly, sops announced in the Budget hinge on ambitious

Budget 2019 News

Budget 2019: With just 2 months to go, FM Goyal confident of getting Rs 44,000 crore from disinvestment

Budget 2019: "The government received over Rs 1 lakh crore from disinvestment proceeds during 2017-18. We are confident of crossing the target of Rs 80,000 crore this year," Goyal said in his closely-watched Interim Budget sp

Presenting his maiden and Modi government's final Budget, Goyal also raised the disinvestment target for the financial year 2019-20 by 12.5% on-year to Rs 90,000 crore. News

Budget 2019: FM Piyush Goyal hands out hope to homebuyers, says GoM looking to extend GST benefits

Budget 2019 for homebuyers: With a large part of indirect taxation now falling under the ambit of the all-powerful federal Goods and Services Council (GST), Finance Minister Piyush Goyal had little to speak on the subject du

Budget 2019 News

Budget 2019: Modi govt woos farm voters; announces income support of Rs 6,000 per year

Budget 2019 for farmers: The Narendra Modi government on Friday announced income support of Rs 6,000 per year for farmers with land up to 2 hectares, taking the Interim Budget as an opportunity to woo farm voters ahead of th

The Narendra Modi government on Friday announced income support of Rs 6,000 per year for farmers with land up to 2 hectares, taking the Interim Budget as an opportunity to woo farm voters ahead of the upcoming Lok Sabha polls News

Budget 2019: Modi govt to miss fiscal deficit target for FY19; revises to 3.4%

Budget 2019: The Narendra Modi government is pegged to miss the budgeted fiscal deficit target of 3.3% of the Gross Domestic Product (GDP) in the financial year 2018-19 by a modest 10 basis points.

Budget 2019: The Narendra Modi government is pegged to miss the budgeted fiscal deficit target of 3.3% of the Gross Domestic Product (GDP) in the financial year 2018-19 by a modest 10 basis points. News

Brace for slower GDP growth in FY19; may not touch even 6% after upward revision in FY18, FY17

The latest revision in numbers shows that India's economy grew at the fastest rate under the Narendra Modi government in the demonetisation year (FY17).

The latest revision in numbers shows that India's economy grew at the fastest rate under the Narendra Modi government in the demonetisation year (FY17). News

Universal Basic Income: Each Rs 1,000 income support to poor will cost this much of Budget 2019

Budget 2019: As the budget day is inching closer, speculations are rife that the government may counter Rahul Gandhi's poll promise of minimum income support to poor with Universal Basic Income. Here's what numbers reveal

Budget 2019: As budget day is inching close, speculations are rife that the government may counter Rahul Gandhi's poll promise of minimum income support to poor with universal basic income News

Budget 2019 is near; stock market expected to be volatile, here’s when you should buy

The pressure, built up since last August, with Nifty 50 struggling to sustain above the 11,000-mark, is expected to expand further due to the budget season.

The pressure, built up since last August, with Nifty 50 struggling to sustain above the 11,000-mark, is expected to expand further due to the budget season News

Chanda Kochhar indicted in ICICI-Videocon case; former top boss violated code of conduct, finds enquiry

ICICI-Videocon case: The independent enquiry, under Justice Srikrishna has found Chanda Kochhar in violation of code of conduct.

the independent enquiry has found the former top boss in violation of code of conduct. News

5 budgets that changed India: From Manmohan Singh’s ‘Epochal Budget’ to Chavan’s ‘Black Budget’; here’s list

As we are heading close to this year's budget day -- though, an interim one -- we decided to pick five budgets that had a significant impact on India for years.

As we are heading close to this year's budget day -- though, an interim one -- we decided to pick five budgets that had a significant impact on India for years. News

Budget 2019: Announcing sops for farmers would not upset next year’s fiscal math

Budget 2019: With the Modi government's final budget before 2019 polls expected to be more than vanilla vote-on-account, announcing sops for farmers would not pose a huge problem to the fiscal math for the next financial year

Budget 2019 News

Modi govt looks to announce alternatives to farm loan waiver; here’s what experts say

The Narendra Modi government has been mulling over several alternatives to farm loan waivers to provide some relief to the ailing agricultural sector ahead of the Lok Sabha elections.

The Narendra Modi government has been mulling over several alternatives to farm loan waivers to provide some relief to the ailing agricultural sector ahead of the Lok Sabha elections. News

Modi govt could relax ‘related party’ clause of IBC law; experts warn one size doesn’t fit all

However, now the government is mulling relaxing one of the components under the Section 29A of the IBC -- the related party criterion -- which, experts say, should be exercised carefully.

Insolvency and Bankruptcy Code, Bankruptcylaw, ibc, National Company Law Tribunal News

IBC scripts success in just two years; RBI data reveals NPA recovery rate of whopping 50%

Under the IBC, as against the claimed amount of Rs 9.9 lakh crore, lenders have been able to recover Rs 4.9 lakh crore, registering the highest recovery rate when compared to other channels.

Under the IBC, as against the claimed amount of Rs 9.9 lakh crore, lenders have been able to recover Rs 4.9 lakh crore, registering the highest recovery rate when compared to other channels. News

RBI not wrong on PCA norms! Ball is in govt’s court to rescue weaker PSU banks; here’s why

It was the second day of new Reserve Bank of India (RBI) governor Shaktikanta Das. He called a meeting with heads of Public Sector Banks (PSBs) to discuss issues related to the banking sector.

rbi, reserve bank of india, central bank News

RBI board steers clear of taking decision on diluting governor’s power, for now

"The board deliberated on the Governance Framework of the Reserve Bank and it was decided that the matter required further examination," the RBI said in a statement.

The board deliberated on the governance framework of the Reserve Bank and it was decided that the matter required further examination, said RBI. News

RBI Governor Shaktikanta Das says it’s government that runs country; sticky issues can be resolved

The government is not just a stakeholder. But the government of the day runs the economy, runs the country; manages major policy decisions, newly-appointed RBI governor Shaktikanta Das said.

The government is not just a stakeholder. But the government of the day runs the economy, runs the country; manages major policy decisions. News

Modi govt seen taking up big-bang populist measures after BJP loses big heartland states

The Narendra Modi government has made a deliberate attempt to not announce farm loan waiver so far, which may no longer be the case now after the elections' results.

The central government has made a deliberate attempt to not announce farm loan waiver so far, which may no longer be the case now after the elections' results. News

Urjit Patel: The ‘yes’ man who wasn’t! How tables turned since demonetisation

While the RBI-board meeting on November 19 ended on "cordial" note, the buzz that the government was hoping to make the RBI a board-led body, weakening the powers of the governor and his team, kept tensions alive.

The RBI, under Patel, also said no to Axis Bank's Shikha Sharma, Yes Bank's Rana Kapoor and acted tough on Kotak Mahindra Bank and Bandhan Bank over promoters' shareholding. News

Urjit Patel resigns as RBI governor; cites personal reasons

On account of personal reasons, I have decided to step down from my current position effective immediately, said Urjit Patel.

On account of personal reasons, I have decided to step down from my current position effective immediately, said Urjit Patel News

RBI governor Urjit Patel steers clear of questions on tension with govt, Viral Acharya’s speech

The Reserve Bank of India (RBI) monetary policy decision on Wednesday was supposed to be a sideshow; what many of the market watchers were hoping to witness was what governor Urjit Patel had to say about the recent tension wi

The tension between the RBI and the Narendra Modi government became obvious when Viral Acharya, in a hard-hitting speech, warned that the governments that do not respect central bank's autonomy invite the wrath of the market. News

Big fall in GDP growth from 8.2% to 7.1%: ‘Future does not look rosy’; here’s what really went wrong

First of all, the low Q2 number confirms that the stunning GDP growth of 8.2% in the Q1 was an "aberration" led by favourable "base effects".

the low Q2 number confirms that the stunning growth of 8.2% in the Q1 was an "aberration" led by favourable "base effects" News

A massive fall in India’s GDP growth likely in July-Sep quarter; here’s why

The financial year 2018-19 started with a bang by registering an 8.2% GDP growth rate in the April-June quarter. But now a massive fall is expected. Here's why

The financial year 2018-19 started with a bang by registering an 8.2% GDP growth rate in the April-June quarter. But now a massive fall is expected News

Oil at $55 a barrel? Not for India. This is what you must know about WTI and Brent crude oil prices

The crude oil price has slumped to $55 a barrel. The only problem is that the oil, which is trading at $54.55, is United States' home-produced West Texas Intermediate (WTI), and not the world benchmark Brent.

oil import of india, oil prices today News

Crucial RBI board meet: ‘PCA, Basel norms not for India, homegrown rules needed’

As a crucial meeting of the Reserve Bank of India (RBI) board is underway over a range of issues, Charan Singh, former RBI Chair Professor at IIM-Bangalore, opines that banks should not be stopped from lending as it is their

PSB, public sector bank, indradhanush, privatisation, RBI News
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