Salary delays, business downturn — top reasons for EMI default

Salary delays, business downturn — top reasons for EMI default

CreditMate survey finds 54% defaulters were late payers and non-NPAs, while the rest were past deadline and NPAs Amid concerns over a slowing economy, a new survey has revealed that salary delays and business downturns were the two main reasons for debt defaults this year. The India Delinquency Report 2019 by digital debt collection platform […]

Government to take action against e-commerce firms flouting FDI policy

Government to take action against e-commerce firms flouting FDI policy

Traders’ body Confederation of All India Traders (CAIT) urged the government to take action against e-commerce companies flouting Foreign Direct Investment (FDI) norms and indulging in unfair practices. Terming such firms “global economic terrorists” and “economic intruders, tax offenders and policy and law violators”, CAIT, in a letter sent to Commerce Minister Piyush Goyal, demanded […]

India quit RCEP in national interest: Goyal

India quit RCEP in national interest: Goyal

Commerce Minister tells BJP parliamentary party that the move was aimed at protecting domestic industry India did not succumb to international pressure for joining the Regional Comprehensive Economic Partnership (RCEP) to save the interests of domestic industry, Commerce and Industry Minister Piyush Goyal told BJP MPs on Tuesday. In the first meeting of the BJP’s […]

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