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PM Internship scheme needs independent review, relaxed norms: Parl panel

The panel also sought fast-track IBC tribunals, SME engagement in internships, and robust job-tracking under the PMIS to improve impact and budget efficiency

Govt capex hits ₹2.75 trn in Q1FY26, but lags pre-election year levels

The net tax revenue of ₹5.4 trillion stood at 19 per cent of the BE in Q1FY26 compared to 21.3 per cent in Q1FY25, registering a contraction of 2 per cent year-on-year (Y-o-Y)

AIIB to double private-sector lending by 2030: Ajay Bhushan Pandey

AIIB aims to boost private sector financing to 50% by 2030, focusing on renewables, green energy, and affordable housing; lending to rise to $17-18 billion

Lenders look to sell Jaiprakash Power's convertible shares in open market

ICICI Bank is in talks with power companies to facilitate sale of bankrupt company's unit

Inflation likely to be below RBI's target in FY26: FinMin review

There is more room for monetary policy easing, says Finance Ministry

71,000 offers made in second round of PM internship pilot project

Over 4.5 lakh applications received for 1.18 lakh internship opportunities in the PM Internship Scheme's second pilot phase; low joining rate noted in first round

Private sector investment hasn't kept pace with public expenditure: FM

Says greater access to China may help economy, but sense of caution would have to be built in

Former Finance Secretary Ajay Seth appointed as new Irdai chairman

Ajay Seth, former finance secretary and G20 finance track lead, appointed as Irdai chairman for three years or until the age of 65, whichever is earlier

ADB lowers India's FY26 growth forecast to 6.5%, cites impact of US tariffs

The report said that despite these factors, India's economic activity remains robust, with domestic consumption set to grow strongly on the back of revival of rural demand

New NFRA chief Nitin Gupta brings experience of policy and Investigations

Nitin Gupta, the new chief of the National Financial Reporting Authority (NFRA), brings years of experience in policy-making and investigations, particularly in tackling complex financial issues

8th Pay Commission: Govt receives wish list from staff representatives

Finalising panel's terms of reference for hikes, which may kick in from Jan

IMF's Gita Gopinath to return to Harvard University at end of August

She will become the inaugural Gregory and Ania Coffey Professor of Economics in the Department of Economics at Harvard University

Govt considers market study to frame Big Tech competition regulations

The government may undertake a market study to establish a solid foundation for ex-ante regulations under draft Digital Competition Bill, said Harsh Malhotra, Minister of State for Corporate Affairs

TV Somanathan's missive urging officers to meet non-officials sparks debate

While most bureaucrats have welcomed the move, others have expressed cautious optimism. Ruchika Chitravanshi, Sanjeeb Mukherjee & Nivedita Mookerji report

FinMin looks to widen infrastructure plans for capital expenditure push

Experts say that, given the higher capital spending by the Centre in April-May of FY26, there is room to raise the capex target beyond the budgeted ₹11.2 trillion

Asian Paints challenges CCI investigation order in Bombay High Court

CCI had ordered an investigation into the company for alleged abuse of dominant position based on a complaint received by Aditya Birla Group's Grasim Industries on July 1

Ex-CBDT chief Nitin Gupta appointed NFRA chairperson for 3-year term

Nitin Gupta succeeds Ravneet Kaur as NFRA chair; watchdog is auditing Gensol and assessing discrepancies in IndusInd Bank account balances

From educator to minister, FM Nirmala Sitharaman opens up on her journey

Finance Minister Nirmala Sitharaman, in a candid conversation in Shillong, reflects on her journey in education, personal values, North East development, and governance

MCA's Version 3 portal sees smoother run after initial user glitches

Launched in January with 38 e-Forms, the MCA Version 3 portal is now seeing fewer login and filing issues, with ICAI support and gradual improvement in data retrieval

Govt to give best of attention to promote GCCs: FM Nirmala Sitharaman

Finance Minister Sitharaman says the Centre will offer tax, legal and administrative support to boost GCCs in India and guide states to develop hubs in tier 2 cities