Business Standard

Ruchika Chitravanshi

Ruchika Chitravanshi

Ruchika Chitravanshi

Capex to be decided according to country's need, says MoS Finance

Chaudhary noted that there is a special focus from the Prime Minister, and all ministries have been directed to reach their capex targets by March

Capex to be decided according to country's need, says MoS Finance
Updated On : 13 Dec 2024 | 11:57 PM IST

Less inequality can push growth, poverty alleviation in India: Piketty

Piketty advocated a wealth tax on Indian billionaires to finance social infrastructure

Less inequality can push growth, poverty alleviation in India: Piketty
Updated On : 13 Dec 2024 | 11:21 PM IST

Higher tax will drive capital away, says CEA V Anantha Nageswaran

Rejecting the idea of a "billionaire tax" suggested by noted economist Thomas Piketty, Nageswaran said, "Not all problems can be solved through fiat"

Higher tax will drive capital away, says CEA V Anantha Nageswaran
Updated On : 13 Dec 2024 | 10:52 PM IST

Govt seeks Parliament's nod for over Rs 87K crore extra expenditure

It includes Rs 6,593 cr towards fertiliser subsidy scheme, around Rs 9K cr for agriculture, and Rs 8K cr for defence

Govt seeks Parliament's nod for over Rs 87K crore extra expenditure
Updated On : 12 Dec 2024 | 9:47 PM IST

Reducing debt burden priority for next decade, says FM Sitharaman

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Reducing debt burden priority for next decade, says FM Sitharaman
Updated On : 11 Dec 2024 | 11:11 PM IST

Ex-ante norms have taken into account India's startup ecosystem: CCI chief

The draft Digital Competition Bill has proposed ex-ante (preventative) regulations requiring digital companies to notify the CCI that they fulfil the criteria to qualify as SSDEs

Ex-ante norms have taken into account India's startup ecosystem: CCI chief
Updated On : 11 Dec 2024 | 7:11 PM IST

India set for resilient growth in 2025 driven by urban consumption: S&P

For 2025-26 and 2026-27, S&P Global Ratings pegged India's GDP growth forecast at 6.7 per cent and 6.8 per cent, respectively, down 20 basis points from its previous estimates

India set for resilient growth in 2025 driven by urban consumption: S&P
Updated On : 10 Dec 2024 | 11:51 PM IST

SC calls out gaps in IBC, calls for more oversight of creditors' committee

The recent Jet Airways' liquidation case prompted the apex court to highlight how tribunal members often lack the domain knowledge required in high-stakes insolvency matters

SC calls out gaps in IBC, calls for more oversight of creditors' committee
Updated On : 10 Dec 2024 | 4:09 PM IST

RBI Governor Das meets FM Sitharaman ahead of former's term coming to end

The meeting took place at the finance minister's North Block office. Sources said that the meeting lasted around 20 minutes and was considered customary following the MPC meeting

RBI Governor Das meets FM Sitharaman ahead of former's term coming to end
Updated On : 09 Dec 2024 | 6:12 PM IST

Q2 GDP showing not a systemic slowdown, says FM Nirmala Sitharaman

India's growth slowed to a seven-quarter low of 5.4 per cent in the July-September period of FY25

Q2 GDP showing not a systemic slowdown, says FM Nirmala Sitharaman
Updated On : 06 Dec 2024 | 11:14 PM IST

Union Budget 2025-26: Economists stress need for manufacturing policy

Call for reining in food inflation and raising investment in pre-Budget talks

Union Budget 2025-26: Economists stress need for manufacturing policy
Updated On : 06 Dec 2024 | 11:09 PM IST
Updated On : 05 Dec 2024 | 11:25 PM IST

Delayed BSNL equity infusion, sluggish state transfers drag capex momentum

Transfers to states from Centre are down 20 per cent compared to last year in the April-October FY25 period

Delayed BSNL equity infusion, sluggish state transfers drag capex momentum
Updated On : 05 Dec 2024 | 12:04 AM IST
Updated On : 03 Dec 2024 | 12:08 AM IST

FAME-II violations: SFIO conducts search operations at 3 companies

Hero Electric, Benling India, Okinawa Autotech alleged to have wrongfully claimed Rs 297 cr subsidies

FAME-II violations: SFIO conducts search operations at 3 companies
Updated On : 02 Dec 2024 | 11:33 PM IST

Govt to take steps for better GDP growth in H2FY25: DEA Secretary

The government is expected to push capital expenditure (capex), which has reached only 42 per cent of the full-year FY25 target by the end of October

Govt to take steps for better GDP growth in H2FY25: DEA Secretary
Updated On : 02 Dec 2024 | 10:56 PM IST

Q2 GDP numbers disappointing but not alarming, says CEA Nageswaran

He stressed that geopolitical conditions remained fragile and may continue to impact domestic inflation, supply chains, and capital flows

Q2 GDP numbers disappointing but not alarming, says CEA Nageswaran
Updated On : 30 Nov 2024 | 12:03 AM IST

Capex contracted, revenue expenditure gained pace in October: CGA data

Experts feel that the government is likely to miss the target of Rs 11.1 trillion capital expenditure in the current financial year

Capex contracted, revenue expenditure gained pace in October: CGA data
Updated On : 29 Nov 2024 | 11:46 PM IST

CCI orders probe against Google on complaint by gaming company Winzo

In its order, the CCI found Google to be prima facie in violation of antitrust provisions of the Competition Act due to the abuse of dominant position

CCI orders probe against Google on complaint by gaming company Winzo
Updated On : 28 Nov 2024 | 11:19 PM IST

Corporate exits now happening in 70-90 days under C-PACE, says govt in LS

The average time for processing such applications has reduced to 70-90 days from over six months earlier

Corporate exits now happening in 70-90 days under C-PACE, says govt in LS
Updated On : 27 Nov 2024 | 10:28 PM IST