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Changes to insolvency rules welcome, but complex cases may overwhelm system

While many of the proposed amendments to the IBC, such as cross-border and group insolvency, will make the resolution process smoother, certain issues such as limited judicial capacity could weaken

Fitch Ratings affirms India's credit rating at 'BBB-' on robust growth

Fitch affirms India's sovereign rating at 'BBB-' with a stable outlook, citing strong growth and external resilience, even as high debt and tariff risks remain

Lenders likely to resolve JAL insolvency through a challenge mode

Creditors' total admitted claims against JAL stand at over ₹59,000 crore. In all offers, the banks will end up taking a haircut of up to 79 per cent of their claims

Parliamentary panel for export policy reset, manufacturing focus

The Standing Committee on Finance urges recalibrating India's export strategy with a focus on manufacturing competitiveness, AI, market diversification, and addressing geopolitical uncertainties.

GST rationalisation could boost India's revenue in long term: S&P

S&P Global Ratings analysts say that the GST rationalisation reforms could boost India's fiscal revenues over the long term due to simpler implementation and clearer accounting processes

Centre released ₹36,000 cr to states so far under special assistance scheme

The Centre has disbursed ₹36,027 crore to states and UTs under SASCI till August 11, with Uttar Pradesh receiving the highest share, followed by Bihar, Rajasthan and MP

PM internship scheme: 30% offers accepted in second pilot so far

The written reply in Lok Sabha stated that in the second round, which started on January 9, 2025, companies posted 82,110 internship opportunities, and 24,131 were accepted as of August 12, 2025

Bidders file fresh JAL plans as CoC weighs challenge round decision

Bidders have revised plans for Jaiprakash Associates after lender talks, but key legal hurdles remain as CoC weighs whether to renegotiate or hold a challenge round

Govt to set up task force to carry out next-gen reforms: PM Modi

Prime Minister Modi announces a task force to revamp economic laws, cut compliance costs, and boost India's competitiveness as part of the 2047 developed nation vision

S&P upgrades India's credit rating to 'BBB' after 18 years, outlook stable

Upgrades by a notch to BBB amid US tariff jitters; FinMin says it's an affirmation of fiscal management

IBC Bill proposed wider look-back period for preferential transactions

Amendments target asset exclusion tactics, enable partial resolutions, and streamline insolvency process

IBBI urges CoCs to scrutinise information memorandums of insolvent firms

The regulator has also sought audit extracts from creditors to help resolution professionals prepare complete and reliable IMs for corporate insolvency cases

IBC Amendment Bill: Govt proposes group, cross-border insolvency

Among significant clarifications made in the Bill, it states that claims by state or central authorities will only be treated as secured if there is a contractual agreement to that effect

PwC India targets three-fold revenue growth by 2030, 20,000 new jobs

PwC India unveils Vision 2030, aiming for 3-fold revenue growth, expansion into smaller cities, and investments in technology, innovation, and sustainability

India may miss FY26 fiscal deficit target of 4.4% on slower growth: BMI

BMI projects India's fiscal deficit to narrow to 4.5% of GDP in FY26, citing slower growth, tariff risks, and higher state spending as challenges to fiscal consolidation

Parliamentary panel backs ex-ante regulation for Digital Competition Bill

But parliamentary committee calls for nuanced approach

Complaint against qcom players: Distributors submit additional info to CCI

According to sources in the know, the Competition Commission of India (CCI), the regulatory watchdog, has asked quick-commerce players to submit answers to the allegations

US tariff impact: India's FY26 GDP growth likely to take 60-bp hit

Economists expect India's FY26 GDP to face a 35-60 bps hit from US tariff hike; strong domestic demand may cushion the blow but targeted support may be needed

IBBI calls for CoC to discuss, record section 29A eligibility under IBC

The idea behind the proposed changes to IBC regulations is to bring more transparency and procedural fairness to corporate insolvency resolution

Trump trade tariffs: MCA planning to ease compliance burden for MSMEs

"We are looking at it very seriously and taking inputs from the MSME ministry as well," a government source said