The subject “Public Debt of the State” is mentioned in Entry 43 of the State List in the Seventh Schedule which means that the Parliament cannot legislate or administer upon such matters. If a state needs to borrow from the Centre, then such a transaction will be regulated under FRBM Act...
ii.RBI has extended the phase-in time for achievement of the Priority Sector Lending (PSL) Targets for Primary (Urban) Cooperative Banks (UCBs) by two years, i.e. from March 31, 2024 to March 31, 2026. iii.To increase the scope of e-RUPI vouchers, RBI proposed to expand the scope...
(which, although it was fought primarily in the Caribbean, resulted in the US owning Guam and the Philippines; the US also annexed the Hawaiian islands that year, which was unrelated, but you have to wonder about the sudden desire of the US government to own islands located way the fuck ...
nounthat part of the balance of payments recording a nation's exports and imports of goods and services and transfer payments Related Words accounting balance of international payments balance of payments nouna bank account against which the depositor can draw checks that are payable on demand ...
Instead of looking at your total current assets, a quick ratio only considers assets that can be converted to cash within 90 days. Here’s the formula for obtaining your quick ratio: Quick Ratio = (Cash + Cash Equivalents + Marketable Securities + Accounts Receivable) / (Short-term Debt +...
This paper presents an empirical investigation of the determinants of current account imbalance for the large sample of developed, emerging and developing countries during 1980–2011. Using dynamic panel GMM techniques, this study characterizes that curr
The primary objective for deploying renewable energy in India is to advance economic development, improve energy security, improve access to energy, and mitigate climate change. Sustainable development is possible by use of sustainable energy and by ensu
Oct 16, 2024 Court of Appeal upholds the High Court's decision affirming a bank's right to... Judgment mortgage on lands upheld and sale ordered in default of debt payment Oct 2, 2024 High Court upholds a judgment mortgage against a debtor's interests in lands,... Amended proof of de...
Moreover, with the large number of low and middle-income countries facing potential debt crises, there is a need for at least selective debt relief where the challenges faced flow simply from the rapid increase in inflation. None of the proposals for action by those looking to lessen the pres...
On 8th April 2024, the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share – Integrity and Transparency) Bill 2023 was passed. The Bill amended the thin capitalization rules and the debt deduction creation rules of 1997. In this article a closer look on the impact and potential...