Ruchika Chitravanshi

Govt to give best of attention to promote GCCs: FM Nirmala Sitharaman

Finance Minister Sitharaman says the Centre will offer tax, legal and administrative support to boost GCCs in India and guide states to develop hubs in tier 2 cities

Need to push GCC with policy support, exact action points: DEA Secy

She said that with GCCs expanding into engineering, artificial intelligence, and emerging tech, there was a need for specialised courses to be brought in

CCI revises probe order against Asian Paints, removes previous findings

The Competition Commission of India revises its probe order against Asian Paints, removing references to previous findings of dominance, amid a complaint by Grasim Industries

Globalisation must be tempered to local needs: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman calls for globalisation that aligns with local requirements, emphasising humanism and ethical practices at the IICA North East Conclave in Shillong

Lenders ask bidders to sweeten offers for debt-laden Jaiprakash Associates

CoC in final phase of assessing resolution plans from 5 shortlisted bidders

Urban consumption not growing as anticipated: CII President Rajiv Memani

Memani talked about issues ranging from India-US FTA to India's complex relationship with China and the labour code implementation

High equality ranking for India masks deeper gaps, say economists

According to the World Bank, India's Gini Index stands at 25.5, making it the fourth most equal country in the world, after the Slovak Republic, Slovenia and Belarus

Adani group leads race to acquire Jaiprakash Associates with ₹12,500 cr bid

Rival bidder Dalmia group is also in the fray and is willing to top Adani's offer - provided a key legal hurdle related to JAL's Sports City project is resolved

Govt unveils ₹2 trillion dose for jobs, R&D, innovation, growth push

RDI scheme to provide 50-year interest-free loans via ANRF to fund managers; focus on AI, quantum, biotech, digital agriculture and critical strategic technologies

Capex rises 54% in Apr-May FY26, RBI dividend lifts revenue: CGA data

Government capex rose 54 per cent in April-May FY26 as RBI dividend boosted non-tax revenue and kept the fiscal deficit at a 28-year low for the two-month period

International credit rating methods must evolve: FM Nirmala Sitharaman

FM Sitharaman says India's sovereign rating understates macro strength and urges reform in global rating criteria to unlock more private capital and lower financing costs

Brics summit may focus on greater use of national currencies for trade

The July 6-7 Brics summit in Brazil will take up trade settlement in national currencies, denounce terror and address issues like AI, climate finance and disease control

FM Sitharaman to embark on six-day visit to Spain, Portugal and Brazil

During her June 30-July 5 visit, the finance minister would attend the fourth International Conference on Financing for Development (FFD4) organised by the United Nations

EVs, defence, RE sectors face rare earth risks, says finance ministry

Finance ministry's May 2025 review notes easing inflation and strong GDP growth, but flags upside risks from global conflicts, oil prices and investor sentiment shifts

Adani, 4 others submit ₹10k-11k cr bids for Jaiprakash Associates

The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PNC Infratech are the final bidders and the offers range from ₹10,000 crore to ₹11,000 crore, said a source close to the development

S&P ups India's FY26 growth forecast to 6.5% on resilient domestic demand

S&P Global Ratings raises India's FY26 growth forecast to 6.5%, citing normal monsoon, soft oil prices, tax reliefs and monetary easing as key drivers amid global headwinds

DPIIT asks ministries to compile list of business approvals to improve NSWS

The DPIIT is working with ministries to compile a comprehensive list of approvals, aiming to streamline the National Single Window System and ease investor compliance

A watchdog's watchlist: Meet Ravneet Kaur, the 1st woman ever to head CCI

Only the second woman to head a regulatory body in India, Kaur tells about her deep interest in economics, the challenges of AI, and why she might be seen as a tough taskmaster

India reaches 15th spot in top FDI destinations in 2024: UNCTAD report

India moved up to 15th in global FDI rankings as flows stayed at $28 billion in 2023 despite a global drop and led Asia in capital expenditures for new projects

Initial review of IndusInd and Gensol to be over in 6 months: ICAI

ICAI's FRRB reviewing financials of IndusInd Bank and Gensol Engineering; summit series planned; early warning signs of fraud under review with Sebi and NSE