Page 32 - Ruchika Chitravanshi

Amitabh Kant's growth call: 10K big companies, 10 champion states

The government must take the lead in ensuring Life Insurance Corporation of India invests in startups, says Amitabh Kant

BS Manthan: High tariffs not for ever, says FM Nirmala Sitharaman

Sitharaman listed the four Is - infrastructure, investment, innovation, and inclusiveness - as the pathway for achieving the goal of a developed India by 2047

Ministries test the AI waters: Try out use cases in bid to reduce workload

'A case study is being carried out across ministries by a dedicated wing which consists of experts to figure out the AI use cases under AI mission,' a senior government official said

S&P Global Ratings raises India's GDP growth forecast for FY25 to 6.8%

'India likely to see rate cuts of up to 75 basis points in calendar year 2024'

Google Play billing system comes under RBI scanner over alleged violations

The complaint pertains to the operation of several of Google's aggregator platforms in India, which are registered in foreign countries, including Singapore and the US

Improved summer sowing likely to ease inflation: Finance Ministry

Says CAD needs to be watched in FY25

New competition law faces a litmus test in Google Play billing case

India's competition law was originally designed for brick-and-mortar companies. It was not in tune with the digital revolution

India has a lot more trust in technology than others: KPMG's Brenda Walker

The Indian government is seeking more advice and strategic direction on sustainability, ESG goal, decarbonisation efforts across supply chain in almost all industries

Competition Law 2.0 marks a new era for India's anti-trust regulations

The Competition Commission of India investigates Google Play Store over unfair service fees, tests new provisions of the Competition Amendment Act

Need to learn lessons from electoral bonds scheme, says FM Sitharaman

Sitharaman observed that more people are investing directly in stock market. Finance minister noted stability of Indian stock market, advocating for it to operate independently

Some public enterprises may be kept out of digital competition law

"It is an overarching section. Akin to the existing Law, Government has effectively kept room to make exemptions in a number of situations," said Sagardeep Rathi, Partner, Khaitan & Co

Work on FY25 full Budget begins ahead of 2024 Lok Sabha elections

Industry sources said that they have shared certain tax proposals which are being considered by the finance ministry

Digital Competition Bill opens room for parallel probe against firms

The Draft Digital Competition Bill has set out a process for investigation of the contraventions listed in the Bill in line with the similar process in the parent Competition Act

India's current account deficit likely to narrow below 1% in FY24

CAD implies the country is importing more goods and services in value than exports

The Digital Competition Law: Big Tech firms opposed to ex-ante norms

Proposed Bill requires digital companies to notify Competition Commission of India that it fulfills criteria to qualify as a Systemically Significant Digital Enterprises based on criteria set in Bill

India could be in upper-middle income category over FY33-FY36: Ind-Ra

The rating agency reported that India would reach to a $15 trillion economy over financial years 2043-2047

The Digital Competition Bill: Onus on Big Tech to declare fair deal

The CCI will have the power to levy a fine of up to 1 per cent of the global turnover of the online entity in case it fails to make this declaration, sources said

Retrospective fine? Experts seek clarity on CCI rule on global turnover

MCA notification dated March 5 empowers the Commission to impose penalty on global turnover of a company and not just the turnover derived from the product or service under investigation

MCA revises thresholds for mergers and amalgamation under Competition Act

Merger transactions with acquisition targets having assets under Rs 450 cr or turnover below Rs 1,250 cr are exempt from CCI approval

Initial penalties on cos won't be on global turnover: CCI's new guidelines

The penalty for anti-competitive practices will not initially be imposed on global and total turnover but adjusted over the penalty calculated on the relevant turnover of the company