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Govt unlikely to raise FY24 borrowing plan; bond yields may remain below 7%

Railways, NHAI asked not to borrow from market

Mahila Samman Savings Certificate open to PSBs and some pvt sector banks

In case remittances are delayed beyond the specified period, the bank shall pay a penalty equal to the rate of interest payable to the depositor plus 0.5% or 1%, depending on period of delay

States offered Rs 1.4 trillion loans linked to power sector reforms

States are also eligible for bonus marks for privatisation of power distribution companies (discoms)

Centre approves Rs 56,000 cr for 16 states for capital investment

Projects approved in sectors such as health, education, irrigation, water supply, power, roads, bridges and railways; Bihar gets lion's share of funds at Rs 9,640 cr, MP gets Rs 7,850 crore

Mature start-ups need fully functional boards: Auditing major Deloitte

Deloitte has recommended that a mature start-up should forecast CSR spends depending on profitability, and a CSR policy should be made available on the company website

Tesla can have significant impact on India's EV mkt: NITI's Randheer Singh

In a conversation with Ruchika Chitravanshi, Singh, whose stint at the think tank ended on Friday, says the EV segment in India is seeing interest from global players such as Tesla

MDBs' lending resources to face more pressure: FM Nirmala Sitharaman

Sitharaman says G20 under India's presidency to touch upon all aspects of MDB evolution

New global financing pact on table as FM Sitharaman leaves for Paris

Will attend summit on setting up a new global financing architecture to address climate change, biodiversity crisis

Areas like blockchain, algorithmic collusion new challenges: CCI's Kaur

As the CCI chairperson, with the CCI now having a full quorum, my top priority is to address the pending cases related to antitrust and anti-profiteering

Govt starts interministerial discussions on the upcoming IBC Amendment Bill

MCA is aiming to bring the bill in the monsoon session of the parliament if the discussions are concluded by then

MCA considering easing moratorium rules in IBC for certain sectors

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

Leased petroleum assets under IBC to be exempt from moratorium: MCA

New rule aimed at ensuring national petro assets don't lie idle; petroleum ministry can repossess such assets such as oil wells and give them to another party

Countries must be aware of high fiscal cost of climate change: CEA

Nageswaran also said it may not be possible to attain all three goals of becoming net zero, achieving economic competitiveness, and attaining fiscal sustainability

India's GDP reaches $3.75 trillion-mark in 2023, says Finance Ministry

CEA says it's time to catch up with the pre-pandemic trend

Govt transfers Rs 1.18 trn as third instalment of tax devolution to states

The size of the instalment to the states is also a reflection on the Centre's revenues

Go First lenders discuss revival plan; appoints new resolution professional

Lenders however have opted for a new resolution professional as Lal was selected by the Go First management

IBBI proposes changes to voting on bids for bankrupt companies under IBC

IBBI has also proposed to increase the fee of the AR to be commensurate with the increased duties to double the current levels

Explained: Why IBC is less bankable for the resolution professionals

Increasingly, firms are now outsourcing many of these services and using the company employees instead of getting outsiders

Competition Commission of India lens on Big Tech as Apple probe nears end

The new Chairperson, Ravneet Kaur, along with other members, is expected to take up the matter in their meeting soon, along with several other pending cases against Big Tech companies

NITI Aayog meet: PM advises fiscal prudence, work towards 'Viksit Bharat'

The meeting was attended by the chief ministers and Lt governors representing 19 states and 6 UTs