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Look for ways to stay relevant in digital era: FM Sitharaman to SPMCIL

The Finance Minister was addressing the 19th Foundation Day celebrations of the SPMCIL in virtual mode

Expert panel suggests adoption of voluntary mediation in insolvency cases

The committee also noted that not all scenarios under the IBC are fit for resolution through mediation. For instance, issues such as avoidance transactions are excluded

EU emissions tariff system must be fair to developing world: CEA

Countries shifting from fossil fuels to renewable energy risk being vulnerable, says Nageswaran

16th Finance Commission: Chairman Panagariya discusses ToR in first meet

The 16th FC would carry out detailed analytical work and rope in expertise from leading research organisations

ED launches preliminary probe into Fema breach in Paytm Bank case

There could be a multi-agency investigation of the company, sources have indicated

Relief to homebuyers: Allotted houses to stay out of liquidation, says IBBI

12 key changes to overall regulations introduced to ensure transparency

Manufacturing sentiment remains upbeat in Q3, Q4 for FY24: Ficci survey

The survey found that 85 per cent of respondents in the current fourth quarter of the financial year 2023-24 are expecting a higher number of orders compared to 73 per cent in the previous quarter

Digital competition law committee asked to consider MCA's draft bill

Proposes digital entities to ensure interoperability, data sharing, portability

Fewer listed firms failing to get women directors, shows govt data

Sebi had fined 20 companies till September for FY 2023-24 against 64 in 2019-20

White Paper record for posterity, a serious document: FM Sitharaman

She said the NDA government has the power and vision, which was lacking during the UPA's term

No quick fixes, took bold reforms to nurture economy: Govt in White Paper

The document criticises UPA govt for falling short of delivering on crucial reforms

We have been lot more prudent in managing fiscal deficit: FM Sitharaman

The FM also said that retail inflation had declined from an average of 6.8 per cent in April-December 2022 to 5.5 per cent in the corresponding period of April-December 2023

More disclosures, status report now part of voluntary liquidation plan

Till financial year 2022-23, 1,562 companies initiated voluntary liquidation, of which final reports were submitted in 1,039 cases and 17 of these were withdrawn, according to the IBBI data

Govt seeks Rs 78k cr cash outgo in second supplementary demand for grants

The second tranche of supplementary grants by various departments and ministries includes Rs 10,798 crore expenditure towards Mahatma Gandhi National Rural Guarantee Scheme (MGNREGS)

IBBI allows same RP for company and personal guarantor insolvency

The modifications to the IBBI - Bankruptcy Process for Personal Guarantors to Corporate Debtors, Regulations 2019, took effect from January 31

We're on course to reaching inflation target of 4% in FY25: CEA Nageswaran

Our potential growth rate is somewhere between 6.5 and 6.8 per cent and it is not 6 per cent as the international agencies used to estimate, he says

Tax buoyancy cannot continue year after year, says DEA secy Ajay Seth

Economic Affairs Secretary Ajay Seth spoke on the government's thinking behind the major budget projections and the fiscal math

It's not priority of govt to monitor consumption: Finance secretary

He says why the Budget numbers are realistic and speaks of the evolving approach of the government towards disinvestment, welfare schemes, and capital expenditure

Budget: Tax devolution to states seen at 32%, but lags 15th FC advice

The final report of the 15th Finance Commission had recommended the transfer of 41 per cent to the states after Jammu and Kashmir was carved out into two union territories

Governance, development, performance key themes for Budget 2024-25: FM

We're not just aligning with fiscal consolidation path but bettering it: FM