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IBC Cannot Be Used As Debt Recovery Tool In Contractual Disputes: Supreme Court

New Delhi, May 12 -- The Supreme Court has observed that the Insolvency and Bankruptcy Code (IBC), 2016, cannot be invoked as a mechanism for recovery of dues, particularly in cases involving predomin... Read More


Timely Payments By Large Firms Crucial To Ease MSME Working Capital Stress: CEA Nageswaran

New Delhi, May 12 -- Chief Economic Advisor (CEA) V Anantha Nageswaran on Tuesday urged large companies to ensure timely payments to micro and small enterprises (MSEs) to ease their working capital co... Read More


Public Sector Banks Report Record Rs 1.98 Lakh Crore Net Profit in FY26

New Delhi, May 12 -- Public Sector Banks (PSBs) recorded an all-time high aggregate net profit of Rs 1.98 lakh crore in FY 2025-26, marking the fourth consecutive year of profitability amid strong cre... Read More


After Gujarat, Barrier-Less Tolling System Launched In NCR

New Delhi, May 12 -- Close on the heels of rolling out India's first Multi-Lane Free Flow (MLFF) tolling system at the Chorayasi Toll Plaza on the Surat-Bharuch section of NH-48 in Gujarat, Union Road... Read More


FTCCI Invites Nominations For Excellence Awards 2026; MSMEs, Startups Eligible Across 21 Categories

Hyderabad, May 12 -- The Federation of Telangana Chambers of Commerce and Industry (FTCCI) has invited nominations from businesses, startups, and MSMEs for the FTCCI Excellence Awards 2026, aimed at r... Read More


Forum of Regulators Holds 100th Meeting, Marks 21 Years of Power Sector Coordination

New Delhi, May 12 -- The Forum of Regulators held its 100th meeting at Bharat Mandapam, marking 21 years since its establishment as a statutory platform for coordination among central and state electr... Read More


India's GDP Growth May Slow To 6.7% In FY27 Amid Rising Crude Prices: BMI

New Delhi, May 12 -- Indias economic growth is expected to slow to 6.7 percent in FY27, down from an estimated 7.7 percent in FY26, as weakening domestic momentum and rising crude oil prices linked to... Read More


India's First Rare Earth Magnet Plant To Be Set Up In Greater Noida

Lucknow, May 12 -- In a major push to reduce Indias dependence on China for critical raw materials, the countrys first rare earth permanent magnet manufacturing plant will be set up in Greater Noida. ... Read More


SC Introduces 'One Case, One Data' Platform For Seamless Judicial Data Access

New Delhi, May 12 -- The Supreme Court of India launched the One Case, One Data system on Monday. It is aimed at improving judicial case management through integrated access to case data across courts... Read More


Funding Constraints, Supply Risks Cloud India's Critical Mineral Ambitions: IEEFA-CSI

New Delhi, May 12 -- As the global energy transition gathers pace, financing constraints in securing critical minerals are emerging as a major challenge for India's clean energy ambitions, according t... Read More