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At Rs 9.82 trillion, April-Dec fiscal deficit 55% of govt's annual target

The fiscal deficit was marginally lower at Rs 9.9 trillion, recorded during the corresponding period last year

Govt appoints 3 full-time, 1 part-time member of 16th Finance Commission

The Finance Commission is a constitutionally mandated body established once every 5 yrs to devise a formula for distributing net tax proceeds between the Centre and the states

IMF raises India's GDP growth projection for FY25 by 20 bps to 6.5%

But estimate falls below FinMin's 7% projection

FY25 likely to see 7% growth: Finance ministry ahead of Interim Budget

Review report flags elevated risk of geopolitical conflicts only area of concern

Interim Budget 2024: T V Somanathan to Ajay Seth, meet the FM's crack squad

Sitharaman is backed by a strong team of bureaucrats and economists, who will chart the future strategy in the upcoming Budget

Har Ghar Jal initiative: Can some states come in the way of 100% coverage?

The Jal Shakti ministry's data shows the target is within striking distance: 73.57 per cent of the households have already been covered by this flagship scheme of the Narendra Modi government

Interim Budget: Govt policies to focus on four priority groups, says FM

Country self-sufficient in face of global challenges like the Red Sea crisis, she says

Auditors must do basic groundwork, not rely too much on AI: NFRA Chairman

If one reads the Companies Act, Code of Ethics, and Standards of Audit and Quality Control in a harmonious manner, then one would not have any confusion about definition of non-audit services, he said

Striking balance: CCI may tailor penalties for global corporations

The base penalty would be calculated on a company's relevant turnover, which is the turnover related to the product or service infringing on the law in the domestic market

Central governments show fiscal prudence in Lok Sabha election years

Emkay Research study shows fiscal deficit trend much healthier than in FY19

Highest ever tally: Over 141K firms incorporated in FY24 so far, shows data

Official sources said that this was indicative of increased economic activity in the country

Cabinet nod for three officer-level posts for 16th Finance Commission

The three posts include two posts of Joint Secretary and one post of Economic Adviser

67% of ongoing corporate insolvency resolution cases cross 270-day timeline

Although IBC leaves little room for interference, objections by erstwhile promoters or the suspended board of corporate debtor, competing resolution applicants, and dissatisfied creditors are many

Fitch affirms India's long-term FX rating at 'BBB-' with stable outlook

'India is poised to remain one of the fastest-growing countries globally in the next few years as the robust economic momentum is proving resilient,' the ratings agency said

Resolve this: How India's insolvency process drags on, erodes asset value

Litigation tactics of corporate debtors and poor judicial infrastructure among reasons for delay

No headway on digital competition law as committee term ends

The panel is looking at various regulatory aspects in dealing with challenges emerging from the digital economy

Fiscal deficit at 5.2-5.4% in interim Budget 2024-25: Goldman Sachs

While income taxes and corporate taxes are expected to grow at around 15 per cent in FY25, the government is likely to lower its target for disinvestment in the next fiscal year

Direct listing of stocks at GIFT City soon, says FM Nirmala Sitharaman

Sitharaman said that IFSC should become the platform for the trade of carbon credit

Reliance Jio's Hathway, Hinduja arm in race to acquire Siti Networks

Hathway Digital and IndusInd Media & Communications did not wish to comment on the development

India growing rapidly, to be $30 trn economy by 2047: FM Sitharaman

Relationship between states and centre is of collaborative federalism, she says at Vibrant Gujarat Summit