Page 6 - Ruchika Chitravanshi

India may miss FY26 fiscal deficit target of 4.4% on slower growth: BMI

BMI projects India's fiscal deficit to narrow to 4.5% of GDP in FY26, citing slower growth, tariff risks, and higher state spending as challenges to fiscal consolidation

Parliamentary panel backs ex-ante regulation for Digital Competition Bill

But parliamentary committee calls for nuanced approach

Complaint against qcom players: Distributors submit additional info to CCI

According to sources in the know, the Competition Commission of India (CCI), the regulatory watchdog, has asked quick-commerce players to submit answers to the allegations

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

Economists expect India's FY26 GDP to face a 35-60 bps hit from US tariff hike; strong domestic demand may cushion the blow but targeted support may be needed

IBBI calls for CoC to discuss, record section 29A eligibility under IBC

The idea behind the proposed changes to IBC regulations is to bring more transparency and procedural fairness to corporate insolvency resolution

Trump trade tariffs: MCA planning to ease compliance burden for MSMEs

"We are looking at it very seriously and taking inputs from the MSME ministry as well," a government source said

CCI approves Dalmia's proposal to acquire Jaiprakash Associates

The Competition Commission of India has approved Dalmia's plan to acquire JAL under insolvency resolution; Adani's proposal is still under review

Parl panel suggests regional fintech clusters on lines of GIFT City

The finance ministry stated that the reason for this strategy is that the mainland activities are not affected by the offshore activities

MCA to conduct a study on ex-ante regulations for digital markets

Ministry to invite proposals for a market study on ex ante digital regulations amid stakeholder concerns and inter-ministerial review

JAL's lenders ask bidders to submit revised plans without conditions

Jaiprakash Associates' creditors have instructed bidders to submit revised resolution plans without conditions and provide a definitive bid offer

PM's Internship Scheme: What's working, what's not, what it teaches youth

A look at the varied experiences of Prime Minister's Internship Scheme - what's working, what's not, and what it's teaching India's youth

PM Internship scheme needs independent review, relaxed norms: Parl panel

The panel also sought fast-track IBC tribunals, SME engagement in internships, and robust job-tracking under the PMIS to improve impact and budget efficiency

Govt capex hits ₹2.75 trn in Q1FY26, but lags pre-election year levels

The net tax revenue of ₹5.4 trillion stood at 19 per cent of the BE in Q1FY26 compared to 21.3 per cent in Q1FY25, registering a contraction of 2 per cent year-on-year (Y-o-Y)

AIIB to double private-sector lending by 2030: Ajay Bhushan Pandey

AIIB aims to boost private sector financing to 50% by 2030, focusing on renewables, green energy, and affordable housing; lending to rise to $17-18 billion

Lenders look to sell Jaiprakash Power's convertible shares in open market

ICICI Bank is in talks with power companies to facilitate sale of bankrupt company's unit

Inflation likely to be below RBI's target in FY26: FinMin review

There is more room for monetary policy easing, says Finance Ministry

71,000 offers made in second round of PM internship pilot project

Over 4.5 lakh applications received for 1.18 lakh internship opportunities in the PM Internship Scheme's second pilot phase; low joining rate noted in first round

Private sector investment hasn't kept pace with public expenditure: FM

Says greater access to China may help economy, but sense of caution would have to be built in

Former Finance Secretary Ajay Seth appointed as new Irdai chairman

Ajay Seth, former finance secretary and G20 finance track lead, appointed as Irdai chairman for three years or until the age of 65, whichever is earlier

ADB lowers India's FY26 growth forecast to 6.5%, cites impact of US tariffs

The report said that despite these factors, India's economic activity remains robust, with domestic consumption set to grow strongly on the back of revival of rural demand