November 5, 2025
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May ease tariffs if domestic companies not hurt: Finance minister

by November 12, 2024 0

India’s Finance Minister, Nirmala Sitharaman, hinted at the possibility of reducing certain import tariffs to support domestic industries reliant on imported materials. While acknowledging the concerns of global organizations like the IMF and World Bank regarding India’s tariff rates, Sitharaman emphasized the government’s commitment to safeguarding domestic production.

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‘Chasing dubious deals can boost IBC recovery’

by November 12, 2024 0

Creditors of bankrupt companies in India could recover 10% more by challenging avoidance transactions, according to the Insolvency and Bankruptcy Board of India. These transactions, totaling Rs 3.8 lakh crore, are deals made by promoters to divert funds before bankruptcy. As of September, tribunals have ordered the recovery of Rs 7,516 crore through this...

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