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Centre to decide on Vodafone Idea's debt conversion after moratorium

The decision to convert principal dues into equity, according to sources, cannot be done automatically

IMF raises India's GDP growth forecast by 30 bps to 6.8% for FY25

Also sees world economy growing faster at 3.2% in 2024

Centre in a huddle to understand impact of the Iran-Israel tensions

Inter-ministerial meets, stakeholder talks take off

BJP manifesto to maintain fiscal prudence, make India 3rd largest economy

The government has set a fiscal deficit target of 5.1 per cent for FY25 to stick to the glide path set in 2021-22. It aims to trim the fiscal deficit to 4.5 per cent by FY26

After making insolvency process creditor-driven, can IBC address the delays

Experts point out that though the IBBI data reflects a steady rise in the total number of insolvencies admitted, the year-on-year increase does not show a consistent trend

States fiscal deficits for FY24 likely to be close to 3.1% of GDP: Citi

The report suggests grants from Centre to states have been falling due to no GST compensation funds and lower finance commission grants

Moody's Analytics projects India's economy to expand by 6.1% in 2024

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Continued growth hinges on big-ticket reforms: CII President R Dinesh

Dinesh said that it was imperative for the Indian industry to invest given high capacity utilisation and its resilience

Lenders to invite bids for Hiranmaye Energy in the next few weeks

BHEL had petitioned to halt the insolvency process of the project, citing its pending dues emerging from an arbitral award

Congress' manifesto takes up competition issues in retail, media, ports

The party said it aims to create a level playing field for all businesses

Digital Competition Bill could negatively impact MSMEs, study finds

'Learn from the experience of the European Union and its experiment with the Digital Markets Act'

CCI gets revenue department staff for NAA cases for six more months

The authority was established for an initial period of two years to ensure that the benefits of reduction in the GST rates and input tax credits are passed on to the consumers

Govt eyes savings in major subsidies; spending on food at 84% of RE

The data also shows that the government's external financing of the deficit has reached 148 per cent of the Revised Estimate till February 2024

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