Page 2 - Ruchika Chitravanshi

Northeast has been kept at centre of policymaking, says FM Sitharaman

Sitharaman says the Northeast now has the fundamentals in place and is rapidly building digital and semiconductor-ready capabilities with strong policy priority from the Centre

Finance ministry to vet ongoing schemes for 16th Finance Commission

Ministries asked for five-year outlays and outcome assessments

Govt may need ₹2,000 cr corpus to implement credit guarantee scheme

The Centre will provide ₹2,000 crore to back a ₹20,000-crore credit guarantee scheme aimed at easing liquidity for exporters, especially MSMEs, amid tariff pressures from the US

Inefficiency in MFIs leads to high interest rates: DFS secretary M Nagaraju

DFS secretary M Nagaraju flags a sharp fall in loan accounts and disbursals, urges MFIs to introspect, consolidate operations, and revive passion for financial inclusion

Govt may allow NFRA to split audit review and disciplinary functions

Currently, the NFRA executive body is entitled to discharge all functions and duties assigned to the authority as a whole

Pre-Budget meetings with govt: Economists urge FM to push capex pedal

Some experts flagged that state governments' debt has become unsustainable

CII urges govt to establish India Development and Strategic Fund

The industry body has urged government to set up a professionally managed, sovereign-backed fund to mobilise domestic and global capital and strengthen India's economic and strategic interests by 2047

IBBI proposes bidders disclose beneficial ownership in their entities

The insolvency regulator has proposed mandatory beneficial ownership disclosures by bidders under the Insolvency and Bankruptcy Code to improve due diligence and prevent misuse of Section 32A immunity

Corporate affairs ministry reworking PM internship scheme guidelines

This comes as MCA is placing first batch of interns as it races for full roll out

IBC vs PMLA: Resolution professionals hope for timely resolution

The IBBI circular allows resolution professionals to seek restitution of assets attached under PMLA, but experts say its success depends on timely court orders and clear legal backing

Road, rail and defence lead FY26 capex surge; overall spend at 52%

Road Transport & Highways and Railways ministries lead capital expenditure in H1 FY26, with overall government capex reaching 52% of Budget estimates despite slower revenue growth

Privatising PSBs won't impede financial inclusion, says FM Sitharaman

Finance Minister Nirmala Sitharaman said India's next set of customs reforms is in progress after GST, adding that the country is on track to meet its fiscal goals and become a top-three economy soon

NFRA rolls out audit toolkit to aid small and medium practitioners

NFRA said that the development and document of audit strategy has to be commensurate with the risk profile of the auditee entity

Economy accelerated in Q2FY26, momentum to sustain: Finance Ministry

The review also flagged the rise in long-term sovereign bond yields of major economies and said this could undermine the hedging role such bonds typically play in the financial markets

MCA fixes V3 portal glitches, reviews server capacity amid high load

The ministry has asked LTI Mindtree, the service provider for the portal, to look into the volumes coming on to the portal and whether it needs ramping up of server capacities

ICAI keen to lead multidisciplinary practice firm initiative: President

Testing issues and actual implementations can have some differences. By and large it was working during testing

Extending deadline not enough, MCA portal needs fixing, say experts

Despite the MCA extending its filing deadline to December 31, professionals say persistent glitches on the new version 3 portal continue to stall compliance work

Liquidation regulations amended to abolish sale as going concern

IBBI removes sale of company as going concern in liquidation; now only asset sales allowed, shifting focus strictly to terminal liquidation process

India must fire on all cylinders to reach Viksit Bharat goal: IMF

Krishna Srinivasan urges structural reforms, trade liberalisation, and deeper global integration

India's overseas investments decline in August as US tariffs kicked in

Experts have said that the dip in August could be due to the uncertainty in the global economic scenario after the US tariffs