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Growth decelerated, but there is no slump: Govt tells lawmakers

New Delhi, Nov. 18 -- The finance ministry said on Monday that India is on track to reach the $5 trillion target by 2025, and although the economy has slowed down, it is still projected to grow at the... Read More


Lok Sabha to discuss bill to amend law on chit funds business

New Delhi, Nov. 18 -- The Lok Sabha is set to discuss on Monday a bill to amend the business of chit funds, a widely used collective investment scheme that offers access to funds as well as options to... Read More


Government Panel recommends review of disciplinary rules on directors, auditors

New Delhi, Nov. 18 -- A government panel that examined ways of improving the ease of doing business in the country has recommended that there is a case for reviewing the rules on disqualifying directo... Read More


NITI Aayog, CII draft plan to improve air quality

New Delhi, Nov. 18 -- Incentives to use cleaner construction material, less polluting fuel for power generation and tighter norms for use of diesel in power generation are among steps required to impr... Read More


New rules under IBC to help shadow banks

New Delhi, Nov. 16 -- The government on Friday issued fresh rules under the Insolvency and Bankruptcy Code (IBC) that are likely to help out distressed shadow banks and housing financiers, which have ... Read More


New rules set under IBC to govern rescue of non-bank lenders

New Delhi, Nov. 16 -- The government on Friday issued fresh rules under the Insolvency and Bankruptcy Code (IBC) that are likely to help out distressed shadow banks and housing financiers, which have ... Read More


Not in a hurry to recover telecom dues, says FM

New Delhi, Nov. 15 -- The government is in no hurry to recover revenue dues from struggling telecom firms as a panel of secretaries is looking into the companies' demands for relief, finance minister ... Read More


Corporate social responsibility funds could help provide legal aid to needy

New Delhi, Nov. 15 -- Maja Daruwala, a barrister by training, is an influential voice among rights and social justice activists and has been actively working on civil liberty issues including police a... Read More


Government brings out rules for bankruptcy resolution of non-bank lenders

New Delhi, Nov. 15 -- The government on Friday brought out fresh rules to handle non-bank lenders under the Insolvency and Bankruptcy Code, a move that is likely to help rescue distressed shadow banks... Read More


Less harsh penalties for Companies Act violations on the card

New Delhi, Nov. 15 -- A panel of experts led by Injeti Srinivas, secretary in the corporate affairs ministry, is set to give its recommendations to the government on making the Companies Act less hars... Read More