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MDBs need to shift to informed risk-taking, says G20 group report

Pushes for pvt capital to strengthen MDBs

G20 FMCBG releases joint communique adopting roadmap on crypto assets

While welcoming the G20 IEG rpt on strengthening MDBs, the communique said that transformative changes are required in MDBs' vision, operating models and financing capacities

Need to be realistic about pvt cap mobilisation: FM to World Bank

On the issue of domestic resource mobilisation, the finance minister suggested adopting a holistic approach to raising fiscal resources, which is not limited to taxation

FM Sitharaman meets Brazil's minister, discusses issues of mutual interest

The minister met with Brazil's economy minister Haddad Fernando on the sidelines of the fourth G20 Finance Ministers and Central Bank Governors meeting

Nations must share experience in keeping digital markets free: CCI chief

Rapidly evolving markets and technology have created fresh challenges and new dimensions in competition law and policy

Nations must share experience in keeping digital markets free: CCI chief

Evolving markets and technology create fresh challenges in competition law and policy, says Ravneet Kaur

IMF's focus has to be macroeconomic surveillance, policy guidance: FM

Finance and central bank deputies meeting to start discussions on key agenda

IMF raises India FY24 GDP growth forecast by 20 basis points to 6.3%

Agency keeps global growth forecast unchanged at 3% for 2023, says economic activity still 'short of pre-pandemic path'

CCI's Leniency Plus norms soon to push companies to report cartels

The Leniency Plus regime was introduced in the new Competition (Amendment) Act, 2023, although several provisions of the Act are yet to be notified

Israel-Hamas conflict may add uncertainty to IMF's growth projections

The IMF on Sunday said it was closely monitoring developments in Israel and Gaza, and it was too early to assess any economic impact

G20 FMCBG meeting at Marrakesh: All eyes on MDB reform road map

On crypto assets, Lavasa said it may not be a major priority as there are several issues related to it that require acceptance

MDBs need to be bigger and better, but donor money is constrained: ADB's Um

Woochong Um in a virtual interview said that they need to double, triple and quadruple what they can do and bring in private capital

FM Nirmala Sitharaman meets MDBs ahead of Morocco summit next week

During the Leaders Summit in New Delhi, G20 Leaders emphasised the need for reforms to deliver better, bigger, and more effective MDBs

InGovern flags concerns with FinMin about Flipkart hiring ex-CCI Officer

InGovern alleged that Sharma's transition raises substantial doubts about the impartiality of CCI's investigations, posing a potential threat to its integrity

Services sector in Sept sees strongest output in 13 years; PMI rises to 61

The latest data showed a substantial increase in new business placed with Indian service providers, one that was the second-fastest since June 2010

Corporate affairs ministry exempts aviation from IBC's moratorium clause

Section 14 of the IBC declares a moratorium on proceedings, transfer or disposal of any of the assets of the company from the date of commencement of its insolvency

Corporate exits under C-PACE now in 100 days instead of 180 days: MCA secy

In her Budget speech last year, Finance Minister Nirmala Sitharaman had introduced the inception of C-PACE for the 2022-23 fiscal year

World Bank raises India's retail inflation forecast to 5.9% for FY24

Maintains GDP growth forecast at 6.3%

300 IBC cases set to be resolved this year: Corporate affairs secretary

Creditors have recovered around Rs 3 trillion through the IBC, and the recoveries stood at more than Rs 51,000 crore last year

Govt hikes interest rate on 5-year recurring deposit scheme to 6.7%

Small savings schemes are government-backed investment options that offer guaranteed returns. The interest rates on small savings schemes are reviewed every quarter