The finance ministry is likely to begin the consultation process for the Budget with various ministries and stakeholders next week
The government has been approached by the digital news publishers regarding abuse of dominant position by big tech players in ad-revenue share agreements
Looks to simplify forms submitted for corporate insolvency resolution process
A JNU alumnus, Sitharaman led the country in the G20 discussions, bringing to the table for the very first time issues related to cryptocurrency and other much-needed reforms as well
While the ministry has started work on the Budget, it is expected to begin industry consultations
Moody's Analytics said that the reduced political stability and the need for consensus building that is inherent with a coalition government, might erode investor confidence in the near term
The monitoring agencies may include an accounting firm, management consultancy, any other professional organisation or chartered accountants, company secretaries or cost accountants
Experts said that the SBO provisions are facing compliance issues since their introduction on account of interpretational issues
States with the lowest capex absorption included Nagaland, Chhattisgarh, Punjab, and Mizoram, according to CAG data
It could give a ratings upgrade if govt is committed to fiscal glide path
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
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)
India's economic growth has proven resilient post-COVID, even amidst global challenges, said Mio Oka
First outlook upgrade in 10 yrs lifts prospects of higher sovereign credit rating in 2 yrs
The NDA government has disclosed off-Budget funded schemes in the Budget documents from FY22
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
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
Flags rise in commodity prices due to geopolitical tensions
Economists said that the government may not need much borrowing because of the highest-ever transfer of surplus to the government
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