Ruchika Chitravanshi

Multi-pronged strategy in works to tide over West Asia war impact

This may include a ₹2.5 trillion credit guarantee scheme to help businesses

Reform-linked capex loans to states tied to RoW for telco towers

In the budget for the year 2026-27 outlay for SASCI scheme was enhanced from Rs 1.44 trillion in the revised estimate for FY2026 to Rs 2 trillion

Big dharam sankat: FM Nirmala Sitharaman on small savings rates

Finance Minister Nirmala Sitharaman highlights policy dilemma between protecting small savers and managing rising government borrowing costs amid shifting savings trends

West Asia war has evolved into 'systemic tremor': FM Nirmala Sitharaman

FM Nirmala Sitharaman says current year even 'more challenging' but India has enough fiscal space

CII asks Finance Ministry for fiscal support amid West Asia crisis

Industry body proposes credit support, tax relief and policy steps to shield MSMEs, exporters and energy-intensive sectors from disruptions caused by the ongoing West Asia crisis

Linking IBC application withdrawal to CoC formation will ensure discipline

Experts say new IBC amendment restricting withdrawal of cases after CoC formation may increase costs but enhance discipline, predictability and safeguard creditor interests

After Rajya Sabha, Lok Sabha committee to study MCA's subordinate rules

Lok Sabha panel meets MCA officials to review rules and regulations, following Rajya Sabha scrutiny of commitment provisions under the Competition Act

IBC Bill passed; FM highlights land authorities can join CoC meetings

Parliament passes IBC Bill allowing land authorities in CoC meetings, with around 50,000 homebuyers expected to benefit from pending real estate cases

CoC must list reasons for approving resolution plan in new IBC Bill: FM

The amended IBC Bill requires the Committee of Creditors to record reasons for selecting resolution applicants, while introducing timelines for NCLAT and faster approval of plans

Centre's fiscal deficit in April-February at 80% of FY26 target: CGA

Fiscal deficit narrows to 80.4% of revised estimates in April-February FY26, aided by higher revenues and steady capex, though global risks may pressure FY27 outlook

Proposed IBC Bill: Govt accepts all suggestions of select committee

Government adopts select committee proposals including NCLAT timelines and cross-border insolvency reforms as part of a broader overhaul of the Code

West Asia conflict impact on India's economy likely significant: CEA review

It said that early high-frequency indicators for March 2026 suggest a moderation in economic momentum, reflecting the initial impact of these global developments

Better cash recovery and track record kept Adani ahead in JAL race

NCLT clears Adani Enterprises' ₹15,000 crore JAL plan despite lower bid, spotlighting IBC's shift from highest offer to recovery certainty

West Asia conflict: Govt steps in to shield OMCs via big duty cuts

Move to cost exchequer ₹1.3 trn in FY27; export duty reimposed

NFRA flags audit independence concerns in Deloitte, Walker Chandiok

The audit regulator flagged independence issues in Deloitte and Walker Chandiok, citing concerns over non-audit services and compliance gaps in inspection reports

Excise duty cut can result in fiscal loss of ₹1.5 trillion, say economists

₹10 per litre excise duty cut on petrol and diesel may cost ₹1.5 trn in FY27 but help sustain consumption amid the West Asia crisis, even as economists flag risks to fiscal space

Statutory auditor requirement relaxed for smaller companies in new Bill

The proposed amendments relax compliance for small companies while strengthening accountability for executives and directors, raising concerns over governance and oversight

West Asia conflict: Small firms face big strain from energy and cost shocks

Rising gas prices, disrupted routes threaten MSME margins and output: CII

PM Internship Scheme's pilot relaxes age criteria, increases compensation

The Prime Minister Internship Scheme pilot has widened the age band, raised stipends to Rs 9,000, and reduced duration to 6-9 months to improve participation

Corporate Laws Amendment Bill to empower NFRA, ease compliance tabled in LS

The Corporate Laws Amendment Bill proposes decriminalisation, stronger NFRA powers, and simpler compliance norms, alongside reforms in mergers, CSR, and corporate governance