New Delhi: Amid increasing delays, the select committee of Parliament examining the bill to amend the Insolvency & Bankruptcy Code has recommended that The National Company Law Appellate Tribunal (NCLAT) should dispose of appeals within three months of their receipt.“…IBC presently does not prescribe any statutory timelines for the disposal of appeals by NCLAT. This…
MUMBAI: It has been nearly three months since the new GST rates have kicked in but the fast-moving consumer goods (FMCG) sector is yet to see the full impact of the benefits of the tax cuts that drove down prices of a host of essentials.Consumers first rushed to buy durables and cars, where the cuts…
India is in discussions with Brazil, Canada, France and the Netherlands to strike agreements for jointly exploring, extracting, processing and recycling critical minerals, as the country steps up efforts to secure key raw materials for its energy transition.The talks are focused mainly on lithium and rare earth elements, with India also seeking access to advanced…
Pakistan prime minister Shehbaz Sharif Pakistan prime minister Shehbaz Sharif revealed the personal and national toll of Islamabad’s ongoing debt crisis. Sharif admitted that both he and field marshal Asim Munir (the Army Chief) were forced to “quietly” solicit billions in loans from friendly nations to bridge the country’s external financing gap.Addressing a gathering of…
In early 2025, a motion-sensor camera high on the hills of Purulia district, West Bengal, blinked to life. The image it captured was unremarkable in isolation: the grainy silhouette of a tiger crossing scrubland. But for residents and forest officials, it was extraordinary. Purulia had never yielded a tiger sighting before. No camera traps, no…
India hopes to seal first tranche of US trade deal by year-end India is looking to finalise the opening tranche of the India–US Bilateral Trade Agreement (BTA) before the end of the year, with commerce secretary Rajesh Agarwal saying negotiations have advanced significantly despite recent shifts in global trade conditions. Speaking at FICCI’s Annual General…
Check out the companies making headlines before the bell. Synopsys — The developer of design automation models and software jumped 8% after Nvidia invested $2 billion in Synopsys common stock at $414.79 per share as part of a broad strategic partnership. Leggett & Platt — Shares rose 14% after the furniture component manufacturer received an…
JAMMU: Gulam Ali Khatana, a BJP Rajya Sabha member from J&K, is under fire for allocating a lion’s share of his MP local area development fund (MPLAD) to projects in UP than in the state he represents in the Upper House of Parliament.“What is the purpose of nominating an MP from J&K if 94% of…
NEW DELHI: Supreme Court has sought responses from Haryana govt and Mahira Buildwell (formerly Czar Buildwell) after an association of homebuyers from economically weaker sections accused the developer of an affordable housing scheme in Gurgaon, under Pradhan Mantri Awas Yojana (Urban), of cheating them.Accusing Czar Buildwell and its successor Mahira of obtaining a licence through…
President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer. “We’re going to be looking at a couple different people, but I have a pretty good idea of who I want,” Trump said Tuesday night aboard…
