Speaking at the Stanford University, the FM flagged a threefold increase in trade restrictions since 2019 with both advanced and emerging economies striving to protect domestic production and jobs
The WEO stressed that a swift escalation of trade tensions has generated extremely high levels of policy ambiguity, complicating efforts to establish a central global growth outlook
The proposed standards also present two additional subtotals in the profit or loss section: 'operating profit or loss' and 'profit or loss before financing and income taxes'
Experts opine that regulators and policy action need to evolve due to the social media impact and the financial influencers getting paid for endorsements
With the appointment of four new secretaries, the Finance Ministry has, in recent months, witnessed an unusually high frequency of changes at the top bureaucratic level
It said that this trajectory underscored the country's resilience and commitment to ensuring price stability without compromising on development goals
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