Page 34 - Ruchika Chitravanshi/1000

Govt on course to achieve small savings scheme collection target for FY24

The government's cash balance is not high too, as borrowings are complete, and it is carrying a modest cash balance to meet its commitments, government sources said

FM-fintech companies meet on Monday: Compliance, innovation on table

Paytm may be absent from the meeting

India's GDP to grow at around 6.75-6.8% in FY25, says Bank of Baroda

The International Monetary Fund has projected the Indian economy to grow at 6.7%

Private capital yet to embrace energy transition, says CEA Nageswaran

While urging multilateral development banks to act on the recommendations of the independent expert group under India's Group of Twenty (G20) presidency to mobilise private capital, the CEA added

FSDC meet discusses ways for simplification, digitisation of KYC process

Take more steps to curb illegal lending apps: FM

India's GDP growth to moderate to 6.5% in FY25, projects Morgan Stanley

Morgan Stanley Research's report said that it maintained a constructive outlook on the Indian economy, while highlighting that risks emanate from global factors and elections in May 2024

FM asks World Bank officials to lead G20 agenda of strengthening MDBs

FM also suggested the World Bank explore the possibility of implementing Infrastructure Investment Trusts in infrastructure sectors such as roadways

MCA notifies leniency plus regime under the Competition Act 2023

The current Act already contains a leniency provision

Prospects bright for capital formation, upturn in pvt capital expenditure

The government also expects inflation to further reduce due to measures announced to rein in food prices

A third of withdrawn insolvency processes fully settled, says IBBI

IBBI said that the credible threat of the code that a company may change hands has changed the behaviour of debtors

16th Finance Commission: Centre to replace Rajadhyaksha as member

Niranjan Rajadhyaksha was appointed as a member to the 16th Finance Commission on January 1, 2024

IBBI amends resolution rules: Realty insolvency to be project-wise

Share of top 10 realty deals was 87% of total value of PE investments in first 9 months of FY24 (9MFY24)

Legal views split on disclosure of political donations by India Inc

Before the amendment the Act required a company to disclose any amount contributed to any political party along with the particulars of the amount donated and the name of the receiving party

Look for ways to stay relevant in digital era: FM Sitharaman to SPMCIL

The Finance Minister was addressing the 19th Foundation Day celebrations of the SPMCIL in virtual mode

Expert panel suggests adoption of voluntary mediation in insolvency cases

The committee also noted that not all scenarios under the IBC are fit for resolution through mediation. For instance, issues such as avoidance transactions are excluded

EU emissions tariff system must be fair to developing world: CEA

Countries shifting from fossil fuels to renewable energy risk being vulnerable, says Nageswaran

16th Finance Commission: Chairman Panagariya discusses ToR in first meet

The 16th FC would carry out detailed analytical work and rope in expertise from leading research organisations

ED launches preliminary probe into Fema breach in Paytm Bank case

There could be a multi-agency investigation of the company, sources have indicated

Relief to homebuyers: Allotted houses to stay out of liquidation, says IBBI

12 key changes to overall regulations introduced to ensure transparency

Manufacturing sentiment remains upbeat in Q3, Q4 for FY24: Ficci survey

The survey found that 85 per cent of respondents in the current fourth quarter of the financial year 2023-24 are expecting a higher number of orders compared to 73 per cent in the previous quarter