Page 11 - Ruchika Chitravanshi/workspace/business Standard Web/video

Parliamentary panel to review IBC and propose reforms for efficiency

The Centre is expected to table an amendment Bill in the monsoon session as a parliamentary panel examines the Code amid concerns flagged by the Supreme Court

Govt has scope to increase capital expenditure this fiscal, says ICRA

Capital expenditure for April 2025 surged by 61 per cent year-on-year to ₹1.6 trillion

HNGI insolvency case: Supreme Court asks CoC to consider INSCO's plan

Should INSCO meet these conditions, the CoC shall consider its resolution plan for HNGI, and the plan is to be approved by both the creditors and the adjudicating authority by June 27

India's growth momentum to continue in Q1 of FY26: CEA Nageswaran

CEA Nageswaran says India may grow 6.3-6.8% in FY26, led by consumption and services exports, with momentum from Q4FY25 continuing into Q1FY26

Govt outperforms on fiscal deficit, brings it down to 4.77% of GDP in FY25

Capital expenditure for FY 2024-2025 at Rs 10.5 trillion stood at 103.3 per cent of the revised estimate for the year, CGA data showed

ICAI to review IndusInd Bank's books over forex accounting lapses

IndusInd Bank on March 10 had disclosed certain discrepancies identified by the lender in its account balances relating to its derivatives portfolio

National security: How India can secure much-needed funds for defence

Experts say increasing the defence budget as a share of GDP even by ten basis points could significantly increase access to funds

Industries with AI to propel India to 3rd-largest economy: FM Sitharaman

FM says adoption of tech could have accelerated productivity gains

Trust, deregulate, and reciprocate to escape middle-income trap: CEA

Nageswaran also said India should not be overly consumed by global uncertainty, especially with a domestic economy where private consumption accounts for 60 per cent of GDP

IBBI allows RPs to invite resolution plans for individual asset sales

Amendments to IBBI regulations enable flexibility in insolvency resolution by permitting asset-wise resolution plans with committee of creditors' approval

IBBI to set up IP panel for faster appointments from July to December

The new zone-wise panel of insolvency professionals will be valid from July 1 to December 31, 2025, aimed at reducing delays in NCLT and DRT appointments

Tariff suspense a key risk to Indian economy, says finance ministry

FinMin report flags India Inc's foreign investments

FM Nirmala Sitharaman signals policy aid to fintechs in Pine Labs visit

Sitharaman may visit more fintech companies and global capability centres across major cities

India should leverage strengths to be indispensable to investors: FinMin

Finance Ministry highlights macro stability, low inflation and monsoon outlook as strengths while warning of global risks and the need for strategic trade agreements

NFRA gets IndusInd Bank complaint; in talks with RBI to avoid probe overlap

The authority, however, is in talks with the Reserve Bank of India (RBI) to cross-check the investigations, including a forensic audit, that the central bank has conducted so far to avoid duplication

Fitch upgrades India's medium-term growth outlook to 6.4% till FY26

Fitch Ratings raises India's medium-term growth forecast to 6.4% citing higher labour force participation, even as it trims projections for most emerging markets

60% resolution plans under IBC approved in last three years: IBBI data

IBBI data reveals 30,000 cases with defaults of Rs 13.8 trillion settled pre-admission under IBC till December 2024; creditor recovery at 32.8 per cent by March 2025

Expedite M&As that pose no competition threat: FM Sitharaman to CCI

Antitrust regulator must balance 'regulatory vigilance with a pro-growth mindset', says Nirmala Sitharaman

Govt likely to amend IBC to scrap prior CCI nod for insolvency bids

Experts feel a clarity by the government on this matter would bring relief to bidders who were concerned about approaching CCI before the CoC approval

MCA aims to complete Gensol Engineering probe in three to five months

Authorities including NFRA and ICAI are examining Gensol's books and audit trail; SFIO probe likely if MCA finds sufficient evidence of fund diversion