Page 12 - Ruchika Chitravanshi/workspace/business Standard Web/video

India may benefit from trade protectionism: S&P Global India Research

Report highlights India's growth potential through manufacturing reshoring and energy security amid global trade uncertainty and protectionist policies

CCI to bring new toolkit for curbing cartels in public procurement

The antitrust watchdog has been concerned over private companies taking advantage of lack of such checks in the systems to form cartels while bidding for public procurement tenders

MCA likely to widen PM Internship Scheme beyond top 500 companies

The age for joining the scheme, according to sources, is also likely to be brought down to accommodate applicants coming from industrial training institutes and polytechnics

US remittance tax plan raises discrimination concerns for overseas Indians

The bill proposes the levy on all cross-border remittances made by non-citizens, including H-1B, L-1, and F-1 visa holders, as well as green card holders

AI, tech changes cause taxing times for accountants, says ACCA survey

A survey by ACCA revealed that accountants are finding it difficult to keep pace with rapidly evolving scenario

Big Four rejig IBC verticals with fewer insolvency cases getting filed

Between the June and December quarter of FY25, the number of insolvency applications initiated by financial creditors went down from 150 to 84

BTAs are the way to go in the new world order: CII President Sanjiv Puri

Puri said that the India-UK Free Trade Agreement (FTA) has set a template for future deals and will create opportunities for India to build alternate supply chains

India abstains from IMF vote on Pakistan loan; flags terror financing

India abstains from IMF vote on Pakistan's loan, citing risks of misuse for cross-border terrorism and warning against military interference in economic policy

Morningstar DBRS upgrades India's rating to BBB with stable outlook

Morningstar DBRS upgrades India's issuer rating to BBB, citing strong reforms and growth potential while expecting limited impact from regional geopolitical tensions

SC's Bhushan Power and Steel ruling: Review petition may flag 'errors'

According to a source aware of the developments, it appears that the court did not consider infusion of money by JSW in the form of compulsory convertible debenture towards equity infusion

AI regulation needs global cooperation, not isolated moves: Sitharaman

Speaking in Milan, Finance Minister calls for common global framework for the technology

India-Pakistan tensions could strain fiscal deficit if conflict escalates

Economists say India's fiscal deficit may widen if tensions with Pakistan persist, although the broader economic impact is expected to be limited if conflict remains contained

Govt brings draft framework of 'India's Climate Finance Taxonomy'

The finance ministry's draft taxonomy aims to guide climate-aligned investments across power, mobility, buildings, MSMEs and hard-to-abate sectors

Union Bank of India admits to lapses in procuring Subramanian's book

Union Bank of India has acknowledged lapses in procuring India@100 by K V Subramanian, prompting an internal probe, though it says no material financial impact has emerged

India-EU FTA our priority, possible by December-end: FM Nirmala Sitharaman

India has taken a long-term approach towards building its supply chains keeping in mind its strategic strengths and capacities are leveraged, says FM

JSW Steel to file review petition in SC on Bhushan Power & Steel resolution

Govt begins consultations after SC rejects JSW Steel's Rs 19,350 crore resolution plan for Bhushan Power and orders liquidation under IBC provisions

Krishnamurthy Subramanian's termination was India's call, says IMF

Sources said the reasons for Subramanian's termination included alleged impropriety in using his position to promote and publicise his latest book India@100

Defence spend amid Pak tensions may hit India's fiscal strength: Moody's

Moody's Ratings says India's economy remains resilient despite Pak tensions, but increased defence expenditure could weigh on fiscal strength and delay consolidation

BPSL liquidation: MCA, IBBI study SC order to assess IBC implications

"We are examining the order and seeing what learnings can be taken from there in terms of IBC regulations and processes," the government official said

SC ruling on BPSL resolution may reset IBC process as JSW plans review plea

"No prudent resolution applicant would submit a plan if there remains a lingering fear that some state authority might overturn it decades later", says Former IBBI chairperson M S Sahoo