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FIU issues notices to 25 offshore crypto firms over PMLA non-compliance

New Delhi, Oct. 2 -- The Financial Intelligence Unit of India (FIU-IND) has issued notices to 25 offshore virtual digital asset (VDA) service providers for alleged non-compliance with India's anti-mon... Read More


SC suggestions on bankruptcy reforms will be implemented: Officials

New Delhi, Oct. 1 -- The Insolvency and Bankruptcy Board of India (IBBI) is working on the suggestions made in a recent case by the Supreme Court for improving the bankruptcy ecosystem, its chairperso... Read More


Centre, states collect gross GST receipts of Rs.1.89 trillion in September

New Delhi, Oct. 1 -- Central and state governments collected Rs.1.89 trillion in goods and services tax (GST) before refunds in September, a robust 9.1% improvement over the year-ago period, official ... Read More


ED vs IBC: Govt to resolve legal clash impacting homebuyers in builder bankruptcies

New Delhi, Oct. 1 -- The government is set to decide how two overlapping laws can work harmoniously so that homebuyers aren't adversely affected when a real estate developer slips into bankruptcy and ... Read More


E-commerce under watch: Are GST cuts really reaching shoppers?

New Delhi, Sept. 30 -- New Delhi: The Union government is closely monitoring customer grievances about goods and services tax GST relief not reaching them, and is bringing any discrepancies in the pas... Read More


ED conducts searches at six locations in the Reliance Infrastructure FEMA case

New Delhi, Sept. 30 -- The Directorate of Enforcement (ED) is conducting a search operation in a case involving Reliance Infrastructure over alleged illegal overseas remittances, said a person aware o... Read More


Better crowd management protocol needed in India, says Sitharaman during Karur visit

New Delhi, Sept. 29 -- Finance minister Nirmala Sitharaman on Monday suggested that standard protocols are needed throughout the country to manage large public gatherings, following the Karur stampede... Read More


India's industrial growth slows to 4% in August on weak manufacturing

New Delhi, Sept. 29 -- India's industrial output expanded at 4% in August, slipping from July's upwardly revised 4.3% growth, as a slowdown in manufacturing offset the recovery in mining and electrici... Read More


Mint Explainer | SC ruling on Bhushan Power: What it means for investors and insolvent companies

New Delhi, Sept. 29 -- For years, Bhushan Power & Steel was caught in a web of debt, lawsuits, and money-laundering investigations as it tried to navigate India's insolvency proceedings. On 26 Septemb... Read More


India mulls pre-emptive guardrails for big tech in its digital competition law

New Delhi, Sept. 29 -- India is veering towards a standalone digital competition law that would have guardrails with upfront rules of conduct for big tech, the powerful technology platforms, according... Read More