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Beneficial ownership norms in focus as MNCs face greater scrutiny

Experts said that the SBO provisions are facing compliance issues since their introduction on account of interpretational issues

States achieve 84% of capex budget, 4 exceed target amount: CAG data

States with the lowest capex absorption included Nagaland, Chhattisgarh, Punjab, and Mizoram, according to CAG data

S&P Global Ratings to observe India's fiscal consolidation for next 2 years

It could give a ratings upgrade if govt is committed to fiscal glide path

Growth momentum to continue in FY25, better year ahead for agri

Government would decide in the FY25 budget whether the fiscal deficit target of 5.1 per cent of GDP can be lowered further to fast track India towards the fiscal glide path

India's GDP growth likely to outpace China's in 2024-28, says EIU

The report suggests that as India's economic heft expands, there would be a crossover in the mid-2040s with BRICS nations taking over the G7 in terms of nominal gross domestic product (GDP)

Govt should focus on infra, structural reforms for jobs: ADB's Mio Oka

India's economic growth has proven resilient post-COVID, even amidst global challenges, said Mio Oka

S&P raises India outlook to 'positive' ahead of Lok Sabha poll results

First outlook upgrade in 10 yrs lifts prospects of higher sovereign credit rating in 2 yrs

Centre saved over Rs 25,500 cr via fund transfer norms: FM Sitharaman

The NDA government has disclosed off-Budget funded schemes in the Budget documents from FY22

Sustained fiscal deficit reduction positive for India's ratings: Fitch

Fitch Ratings said in a press statement that this dividend would help India in meeting the fiscal deficit target of 5.1 per cent of GDP for FY25

Limited interest, low recoveries: Prepack insolvency scheme in slow lane

In 2021 when the country was reeling from the Covid-19 pandemic, the government promulgated an ordinance and amended the insolvency law to help MSMEs avoid bankruptcy

After strong FY24, economic growth momentum to stay in Q1FY25: FinMin

Flags rise in commodity prices due to geopolitical tensions

Bumper RBI dividend of Rs 2.11 trillion to give govt more fiscal room

Economists said that the government may not need much borrowing because of the highest-ever transfer of surplus to the government

MCA fines Nadella, LinkedIn India, 8 others for violating SBO norms

Company law experts have noted that the company has the option to appeal against the RoC order at the office of the regional director, MCA, or high court

Only 2% personal guarantee claims recovered under IBC so far: IBBI

One of the initial challenges of the process was whether a banker's agreement with the company and the personal guarantor is interlinked or separate

FM Nirmala Sitharaman asks ICAI to set up 'Big 4'- like Indian firm

Interacting with the ICAI in Patna, Sitharaman sought a commitment from them to start work on the same as part of their 100-day agenda for Viksit Bharat by 2047

CCI in process of notifying merger control norms, says Ravneet Kaur

Kaur said that CCI is strengthening its international outreach to exchange best practices and enhance capabilities in a globalised economy

Lok Sabha elections: On Rajnath Singh's seat, SP looks to put up a fight

Among the young Muslim population, there are concerns about the BJP government

India must up its share in global manufacturing: FM Nirmala Sitharaman

Says private sector a partner in developing India

India could be the third largest economy by 2026-27, says Arvind Panagariya

Panagariya stressed that in order to achieve this, it was important to reform labour laws and for markets to release capital to more labour-intensive industries

At 269, NCLT approves record resolutions under IBC in FY24: IBBI data

However, it is still taking 679 days on average to conclude the resolution process, as against the standard timeline of 330 days