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Debt restructuring norms
The Reserve Bank of India (RBI) has issued the ‘debt restructuring norms’ to ensure that promoters would put in more at stake in reviving the stressed companies, while providing lenders with enhanced capabilities to initiate change of management in companies.
Rising NPAs and the Banking sector
The unabated rise in stressed assets of the Indian banking sector is a cause for concern for the economy. The Reserve Bank of India (RBI) India’s central bank brought out a discussion paper on how to tackle the problem that is staring at the economy. The problem is acute particularly among the state-owned Public Sector banks.
‘Knowledge Economy’ to drive economic growth
The relevance of education in any growing economy is uncontested. Its significance in a country like India that has a young demography with aspirations to be a part of the global knowledge pool makes it exceptionally relevant.
The Rajan effect
The arrival of Raghuram Rajan as the new Governor of the RBI brought the much wanted financial stability to the Indian economy. Within a week that Rajan assumed charge, the Rupee moved up by 5.8% and the Sensex rose by 18%. However, the next few weeks will test the longevity of certain moves.
Sector Report


Safe Harbour Rules Finalized
In order to avoid disputes on differences in calculation of profit between Indian arms of MNCs and tax authorities, the govt recently finalized the Safe Harbour rules after considering comments of various stake holders.

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