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After Rajya Sabha, Lok Sabha committee to study MCA's subordinate rules

Lok Sabha panel meets MCA officials to review rules and regulations, following Rajya Sabha scrutiny of commitment provisions under the Competition Act

IBC Bill passed; FM highlights land authorities can join CoC meetings

Parliament passes IBC Bill allowing land authorities in CoC meetings, with around 50,000 homebuyers expected to benefit from pending real estate cases

CoC must list reasons for approving resolution plan in new IBC Bill: FM

The amended IBC Bill requires the Committee of Creditors to record reasons for selecting resolution applicants, while introducing timelines for NCLAT and faster approval of plans

Centre's fiscal deficit in April-February at 80% of FY26 target: CGA

Fiscal deficit narrows to 80.4% of revised estimates in April-February FY26, aided by higher revenues and steady capex, though global risks may pressure FY27 outlook

Proposed IBC Bill: Govt accepts all suggestions of select committee

Government adopts select committee proposals including NCLAT timelines and cross-border insolvency reforms as part of a broader overhaul of the Code

West Asia conflict impact on India's economy likely significant: CEA review

It said that early high-frequency indicators for March 2026 suggest a moderation in economic momentum, reflecting the initial impact of these global developments

Better cash recovery and track record kept Adani ahead in JAL race

NCLT clears Adani Enterprises' ₹15,000 crore JAL plan despite lower bid, spotlighting IBC's shift from highest offer to recovery certainty

West Asia conflict: Govt steps in to shield OMCs via big duty cuts

Move to cost exchequer ₹1.3 trn in FY27; export duty reimposed

NFRA flags audit independence concerns in Deloitte, Walker Chandiok

The audit regulator flagged independence issues in Deloitte and Walker Chandiok, citing concerns over non-audit services and compliance gaps in inspection reports

Excise duty cut can result in fiscal loss of ₹1.5 trillion, say economists

₹10 per litre excise duty cut on petrol and diesel may cost ₹1.5 trn in FY27 but help sustain consumption amid the West Asia crisis, even as economists flag risks to fiscal space

Statutory auditor requirement relaxed for smaller companies in new Bill

The proposed amendments relax compliance for small companies while strengthening accountability for executives and directors, raising concerns over governance and oversight

West Asia conflict: Small firms face big strain from energy and cost shocks

Rising gas prices, disrupted routes threaten MSME margins and output: CII

PM Internship Scheme's pilot relaxes age criteria, increases compensation

The Prime Minister Internship Scheme pilot has widened the age band, raised stipends to Rs 9,000, and reduced duration to 6-9 months to improve participation

Corporate Laws Amendment Bill to empower NFRA, ease compliance tabled in LS

The Corporate Laws Amendment Bill proposes decriminalisation, stronger NFRA powers, and simpler compliance norms, alongside reforms in mergers, CSR, and corporate governance

ICAI in talks with NFRA to streamline overlapping audit investigations

ICAI is coordinating with NFRA to identify overlapping cases and avoid duplication of investigations, aiming to improve regulatory efficiency and oversight

Getting ready to act on anti-competitive conduct in AI space: CCI chief

Kaur said that the CCI had identified potential anti-competitive conduct, which could be in the form of concentration in the AI value chain

NFRA suggests stronger internal control operations for audit companies

The others include improving documentation and a better assessment of keeping arm's length in giving loans to subsidiaries

CCI must balance innovation and prevent digital dominance: Rajiv Gauba

NITI Aayog member Rajiv Gauba said CCI must balance innovation and fair competition in digital markets, while chairperson Ravneet Kaur flagged potential anti competitive conduct

House panel on subordinate legislation examining CCI commitment regulations

Rajya Sabha panel on subordinate legislation has begun examining the Competition Commission of India's commitment regulations that allow firms to avoid abuse of dominance investigations

India to perform better than many nations amid West Asia crisis: CEA

He said that how the crisis ends is an equally important question to know whether both sides voluntarily end the conflict, or one side withdraws due to fatigue or exhaustion