Shivanand Pandit

In a verdict that balances business and consumer interests, the Court ruled that there would be a waiver of compound interest on loans from March 1 to August 31, 2020 due to Covid-19.

The government’s decision to raise the limit of foreign investment in Indian insurance companies from 49 percent to 74 percent is a timely boost. Can it be a game changer in an industry weakened by the pandemic?

Over the last five years, there has been a systemic slowdown in the submission of CAG reports. Critics wonder if the government’s fiscal strength and management is being assessed at all or not.

SEBI’s suggestions were provoked by worries about the efficiency of the directors and the need to strengthen their autonomy and effectiveness to safeguard minority investors. But more needs to be done.

The government has made a strong pitch for privatisation of PSUs and monetisation of underemployed resources.

After the company won an international arbitration tribunal ruling against India for levying taxes retrospectively, the centre will contest all cases filed by Cairn in various international courts.

While the centre’s plan to establish a Rs 20,000-crore DFI for infrastructure projects is an old idea, its success will depend on transparency and accountability and its engagement with stakeholders.

In this issue of India Legal (February 15, 2021), our columnist Shivanand Pandit takes a close look at the Budget and what it proposes to do. It is not a wishy washy document. The Modi government has tried to put an honest-to-goodness growth plan in place by announcing “a bold and new-age Budget”

India has seen bold budgets, realistic budgets and reformist budgets over the years. In the midst of amazingly high public anticipation regarding Union Budget 2021-2022

The RBI proposes tighter rules for NBFCs and wants them classified into four categories. This is crucial for fiscal steadiness and to bring back confidence and will ensure that larger players will be screened just like banks.