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World Bank urges India to reconsider RCEP stance for $1 trn export goal

On the issue of the carbon border adjustment mechanism (CBAM), World Bank economist Nora Dihel said that it was a big export potential for India

FM Sitharaman meets road, telecom ministries to review budgeted capex plans

This was the first, in a series of meetings by the FM, to take stock of the progress being made by ministries with significant capital outlays in the coming days, the press statement added

World Bank raises India's FY25 GDP growth forecast to 7% from 6.6% earlier

Country has made success despite adversity, says report

Economy in medium term could grow at 7%: CEA V Anantha Nageswaran

CEA cites GDP growth data for Q1FY25, which showed continued pickup in rural consumption

Govt lowers minimum public shareholding rule to 10% for GIFT City listing

Experts believe these revised thresholds will enable Indian companies to access global capital and will be a step in cementing the country's position in the global financial landscape

Moody's raises India's growth projection; Fitch affirms 'BBB-' rating

The government has set a lower fiscal deficit target of 4.9 per cent in the union budget presented on July 23 compared with 5.1 per cent set in the interim budget in February

Draft Digital Competition Bill: Kirana vs quick commerce likely on table

Issue of potential threat to local stores from Q-com raised with corporate ministry

Financial regulators back ISA 600 for auditors of listed companies

Auditors of PSBs, their branches, and PSUs will not be covered by ISA 600

UPS: Central staffers may get to keep higher returns from riskier bets

Employees could choose the investment plan of their choice based on their contribution and 10% contribution by the government

How can the road ahead for lateral entry in bureaucracy be smoother?

The govt's biggest lateral hiring initiative came undone in three days, but the issue remains alive

Cabinet nod to assured 50% of salary as pension for central govt employees

Existing as well as future employees will also have an option of joining the New Pension Scheme (NPS) or UPS

Ibbi guidelines for CoC need monitoring mechanism, say IBC experts

Earlier this month, the insolvency regulator introduced guidelines for CoC that steer the insolvency resolution process to stem the value erosion that occurs due to delays and bring more transparency

Proposed digital antitrust law likely to cover 'killer acquisitions'

Killer acquisitions are deals where a dominant company acquires a smaller innovative firm to prevent competition

Economic momentum intact for 6.5-7% growth in FY25: Finance Ministry

The ministry added that both the consumer and industrial outlook surveys, which showed a declining trend, need to be monitored for future trends

MCA likely to bring out internship scheme guidelines within two weeks

The MCA has held industry consultations on the scheme before finalising the guidelines. The ministry will also put in place checks and balances in the scheme to ensure transparency

Latest global audit norm adoption on regulators' table to upgrade standards

NFRA, other financial watchdogs, MCA to meet next week

Experts call for civil service overhaul as govt pulls back on lateral hires

Panagariya said that the system would suffer and that there is a need to find alternative ways to reform the civil services

Regulator fines BSR & Associates Rs 10 cr for lapses in Coffee Day audit

2 chartered accountants of the company penalised too and barred from undertaking audits for some years

Large-scale lateral hiring: Navigating government systems holds key

NITI Aayog, in a 2017 report, had recommended induction of personnel in the middle and senior mgmtt level in the government to bring in fresh talent as well as augment the availability of manpower

Workplace safety key to get more women in labour force: IMF's Gita Gopinath

IMF's Gopinath wants govt to conduct cost-benefit analysis of PLI scheme