Fitch says, excluding the pandemic, world growth rate to be the weakest since 2009
The revised growth forecast takes into account a scenario of 10 per cent universal tariffs and 145 per cent tariffs on China
Over the last decade, Pandey has been at the helm of several reforms in finance, corporate governance, Aadhaar, digital payments, Goods and Services Tax (GST), and direct tax
Committee also seeks status of the proposed digital competition law
The top consulting firms expect the current pace of activity to intensify in the coming days
Moody's Analytics said that its April baseline represents the economic toll they'll have should the tariffs eventually go ahead in full
Risks could 'potentially be mitigated' by trade agreement between India and the US, it says in April outlook
The FM is currently in the UK for the 13th Economic and Financial Dialogue between the two countries
Sitharaman in a tweet highlighted decriminalisation and reduction in compliance burden for businesses and individuals among reforms undertaken by the government in the last ten years
"We are discussing whether an oversight committee is required. The discussions at this stage are being done internally at the Ministry of Corporate Affairs (MCA) level," the senior official said
Company Law experts said listed companies were unable to take the benefit of the fast-track mechanism for mergers with a wholly owned subsidiary since approval of all shareholders was required
The pilot of the scheme was launched on October 3, 2024. The MCA will have to get the Cabinet's approval for the launch of the full scheme
The AICPDF had filed a complaint with CCI on behalf of its President, Dhairyashil Patil against Blinkit, Zepto and Instamart last month
To meet the RE would require a 44 per cent year-on-year (Y-o-Y) increase in capex
MCA has proposed that unlisted cos which have reasonable debt exposure of less than Rs 50 cr and have not defaulted on repayment can go through the fast track mechanism under Sec 233 of Companies Act
Kaur will serve as NFRA chairperson till the appointment of a regular incumbent or until further orders whichever is earliest, according to the Appointments Committee of the Cabinet
FM says, when it comes to finances of the country there can be no politics
The existing rulebook is strewn with regulatory roadblocks, making mergers and acquisitions, especially for smaller companies and listed entities a burdensome process
Sitharaman said that state governments have requested for continuing the scheme and enhancing the outlay for the scheme from time to time. In FY25, a total of Rs 1,53,673 crore was earmarked for this
However, economists say country's strong fundamentals, lower inflation hold hope