Saturday 21 September 2019

Debt Distress 2.0: Total stressed assets now exceed gross NPA peaks of 2018

THE ECONOMIC TIMES
Sun, Sep 22, 2019 | 10:34 AM IST

ET Sunday Wrap

Debt Distress 2.0: Total stressed assets now exceed gross NPA peaks of 2018
The gross NPAs for the quarter ended June 30, 2019, halted the downward trend seen in all the four quarters of 2018-19, and inched up again.
A peek into India's plan for private trains
The blueprint, seen by ET Magazine, sets the deadline of late 2020 for awarding the contracts so that the new train-sets can hit the tracks by 2023-24.
Oyo set to be one of the largest hospitality brands in the world, says CEO Aditya Ghosh
He wants the company to do in hospitality what Indigo, from where he resigned as president in 2018, managed to do in aviation.
View: Tax cuts are good news but not enough to reverse slowdown
India has the highest rate of corporate tax in the world: 48.3% before the latest reform.
How plastic ban will affect the businesses and consumers
India's plastic-processing industry has over 30,000 units and an annual turnover of Rs 2.25 lakh crore.
View: Corporate tax cut - A step towards global competitiveness
It will be prudent to temper euphoria with scepticism. People are unlikely to rush to car showrooms to buy their favourite vehicle just because Indian companies now have a lower tax rate.
There will be 150 private trains to start with: Railway Board Chairman Vinod Kumar Yadav
"The railways will have 150 private trains to start with. We are still working on the routes that will go for bidding," sayd the Railway Board chairman.
View: Modi-Trump meeting could be game-changing for Indo-US ties
The role and influence of the Indian-American community is a known big positive for India.
View: Concerns over teen vaping have overshadowed the question of its relative safety
Worries about teen vaping in the US have overshadowed the central question about e-cigarettes — are they safer than smoking?
How a group of startups aim to bring people closer, offline
A cohort of entrepreneurial ventures aims to bring people together so that they can establish new, meaningful connections.
How military drones are becoming deadly weapons across the globe
In recent years,UAV) or drones can now be programmed to destroy things remotely.
How Indian chefs and restaurateurs are taking regional food to the West
More aware global audiences are discovering nuanced regional Indian food through the work of a handful of Indian chefs.
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