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IBC 7th Amendment Aims To Cut Insolvency Delays, Says Crisil Ratings

New Delhi, May 4 -- The 7th amendment to the Insolvency and Bankruptcy Code (IBC), passed in April 2026, seeks to address prolonged delays in insolvency proceedings that have led to erosion of asset v... Read More


Indian Railways Approves Rs 895 Crore Projects for Metro Power Upgrade and Bridge Modernisation

New Delhi, May 4 -- Indian Railways has approved infrastructure projects worth Rs 895.30 crore aimed at enhancing metro rail capacity and strengthening critical bridge infrastructure to improve operat... Read More


Auto Industry May Take Rs 25,000 Crore Hit In FY26 Due To End-of-Life Vehicle Rules: Report

New Delhi, May 4 -- The Indian automobile industry may face a significant hit of around Rs 25,000 crore to its profits in FY2025 26 due to provisions linked to the Environment Protection (End-of-Life ... Read More


ADB Unveils Minerals-to-Manufacturing Facility To Boost Asia-Pacific Critical Mineral Supply Chains

New Delhi, May 4 -- The Asian Development Bank (ADB) over the weekend launched a new financing facility aimed at strengthening critical minerals supply chains across Asia and the Pacific. The initi... Read More


Nitin Gadkari Reviews Key Highway Corridor Projects in Maharashtra

New Delhi, May 4 -- Union Minister for Road Transport and Highways Nitin Gadkari reviewed a series of proposed high-speed and high-density national highway corridors in Maharashtra, with a focus on ex... Read More


RBI's ECL Norms May Impact Banks' CET-1 Ratios By Up To 120 bps: Crisil Ratings

New Delhi, May 4 -- The Reserve Bank of India's (RBI) final guidelines on shifting to an expected credit loss (ECL) framework are likely to result in a one-time net impact of up to 120 basis points (b... Read More


India Accounts For 20% Of Global Generic Drug Supply; IP Rules WTO-Compliant: GTRI

New Delhi, May 4 -- India's intellectual property (IP) framework remains compliant with global trade rules while supporting affordable healthcare worldwide, according to the Global Trade Research Init... Read More


DFS Holds Colloquium to Strengthen Debt Recovery Framework, Focus on Faster Case Disposal

New Delhi, May 4 -- The Department of Financial Services (DFS) under Ministry of Finance held a colloquium of chiefs of Debts Recovery Appellate Tribunals (DRATs) and presiding officers of Debts Recov... Read More


India's Investment-To-GDP Ratio Seen At 37.5% By FY30: Morgan Stanley

New Delhi, May 4 -- Global brokerage Morgan Stanley has raised its forecast for Indias investment rate, citing emerging opportunities despite global concerns over oil prices and the ongoing conflict i... Read More


India Manufacturing PMI Rises To 54.7 In April, Growth Remains Modest: HSBC Survey

New Delhi, May 4 -- Indias manufacturing activity recorded a modest improvement in April, supported by stronger output, new orders and export demand, though overall growth remained among the weakest s... Read More