The Indian government has accepted nearly all parliamentary panel recommendations for IBC amendments to speed up resolutions and protect new investors, but flagged a key concern on retrospective application. Read the full details.
Retail giant Walmart will join the prestigious Nasdaq-100 Index on January 20, replacing AstraZeneca. This follows its move from the NYSE. Discover the strategic reasons behind this major shift.
China's consumer inflation accelerated to 0.8% in December, the highest since Feb 2023. However, economists warn underlying deflationary pressures from weak demand and industrial overcapacity persist. Read the full analysis.
Venezuela's Caracas Stock Exchange surged over 16% on January 5 as US captured President Maduro. Experts see investor focus shifting to potential new leadership and debt restructuring. Read analysis.
IMD data reveals Pune and other Maharashtra districts experiencing unusually dry winter with low humidity and cold air, raising health and air quality concerns. Learn the implications.
Supreme Court intervenes in Noida's insolvent Supernova project, ordering a new developer and sidelining old promoters. A landmark move offering hope for lakhs of homebuyers across India's frozen real estate projects. Read more.
A parliamentary panel recommends allowing multiple resolution plans for different assets of an insolvent firm, aiming to boost value and attract bidders. Explore the potential shift in India's insolvency landscape.
Lok Sabha panel chief Baijayant Panda calls IBC amendments a 'game-changer' to halve resolution time and boost recoveries. Bill excludes project-specific insolvency for real estate.
A parliamentary committee recommends a strict 3-month deadline for NCLAT to dispose of IBC appeals, addressing massive delays. The move aims to streamline India's corporate insolvency process. Read the full report.
A Lok Sabha committee will table its report on the IBC Amendment Bill 2025 on Wednesday, bringing a major insolvency law overhaul closer. The reforms aim to cut delays and boost investor appeal.
Government to introduce corporate IBC amendments first, delaying structural reforms for homebuyers and stuck projects. Key changes for real estate require further consultation. #IBC #RealEstate
Enforcement Directorate exposes manipulation of insolvency process, arrests Lalu Prasad Yadav's aide Amit Katyal. Crucial evidence of bid rigging and ₹50 lakh cash seized in nationwide probe.
India's Insolvency and Bankruptcy Code undergoes major reforms with cross-border insolvency and faster debt resolution. Parliament to consider revised bill in December session.
Public sector bank CEOs must personally oversee top 20 pending NCLT cases and 10 resolution accounts. DFS Secretary Nagaraju urges swift action for better recoveries through IBC ecosystem.
Indian government and IBBI are developing a tailored real estate insolvency framework focusing on project or tower-level resolutions to protect homebuyers from construction delays. Learn how this new approach could transform the housing sector.
Karnataka's Child Rights Index reveals Bengaluru Urban as the most unsafe district for children. Learn about the shocking findings and what needs to change.
IBBI introduces standardized valuation format for distressed assets to enhance transparency and reduce lawsuits. Public feedback accepted until December 10. Learn how this impacts creditors.
Supreme Court concludes hearing on whether telecom spectrum can be sold under IBC. The verdict will impact lenders' dues recovery and set a precedent for future cases. Read more.
State Bank of India argues spectrum can be sold under insolvency to recover dues, while government maintains it belongs to the state. Supreme Court hearing continues.
The Institute of Chartered Accountants of India submits comprehensive recommendations for Insolvency and Bankruptcy Code amendments to strengthen corporate resolution framework.
ICICI Prudential Life Insurance introduces innovative BSE 500 Enhanced Value 50 Index Fund for ULIP investors, offering exposure to undervalued large-cap stocks with strategic rebalancing.
In a landmark move to boost India's ease of business, the government has approved a mechanism protecting environment clearances during NCLT-led insolvency, preventing stressed projects from restarting approval processes.
Delhi's air quality deteriorates to 'severe' category with AQI hitting 350+ as stubble burning and Diwali fireworks overwhelm pollution control measures. Authorities scramble as visibility drops and health warnings intensify.
New UN Multidimensional Poverty Index 2025 warns climate disasters could push millions back into poverty in India. Learn how floods, droughts threaten hard-won gains.
Samsung's upcoming Galaxy Watch 8 introduces groundbreaking antioxidant measurement technology, offering Indian consumers unprecedented insights into their cellular health and wellness metrics.
Delhi's air quality crisis triggers strict measures as CAQM bans commercial goods vehicles starting November 1. Learn how this impacts pollution levels and daily life in the capital.
As Delhi records another day of 'very poor' air quality, Wazirpur emerges as the most polluted area while allegations of data manipulation cast shadows on official readings.
Despite a significant 93% drop in farm fires compared to last year, Jalandhar continues to battle 'very poor' air quality. Discover the hidden factors behind Punjab's persistent pollution problem and why stubble burning might not be the only culprit.
Mercer CFA Institute Global Pension Index 2025 ranks world's best retirement systems. Discover which countries secured top spots and India's surprising position in the comprehensive analysis.
India's statistics ministry announces groundbreaking changes to inflation calculation methodology with new CPI series launching next year after extensive public consultation.