Gireesh Chandra Prasad

At the Confederation of Indian Industry's annual business summit on Tuesday, petroleum minister Hardeep Singh Puri pointed to the stress on state-owned

The IBC Amendment Act, 2026, enables the transfer of assets of guarantors as part of the insolvency resolution of the debtor company.

Two rating agencies have cut their FY27 GDP forecasts as the West Asia war drives crude oil toward $95–110 a barrel, stokes inflation, and forces fuel price hikes. The government's own target of 7–7.4% growth, set before the war began, now looks out of reach.

The Cabinet approved a ₹ 25,530 crore, five-year scheme merging two public distribution system programmes into Sarthak-PDS to improve last-mile food grain delivery for over 80 crore beneficiaries.

New Delhi, May 27 -- The cabinet approved a Rs.25,530 crore overhaul of its public food distribution network on Wednesday, merging two existing

Individuals below the exemption threshold are generally not required to file returns unless they meet specific conditions such as high electricity consumption, foreign travel spending or ownership of foreign assets.

The Insolvency and Bankruptcy Code completes a decade having resolved over 1,400 large corporate cases and helping halve gross bad loans in the banking system. The April 2026 amendments now usher in IBC 2.0.

Read this exciting story from Hindustan Times Mumbai May 28, 2026 issue. India’s lower-income taxpayers are rapidly exiting the return-filing net after successive tax relief measures raised the basic exemption threshold, reshaping the country’s taxpayer profile.

The public think tank said the union government should commit at least a third of this to de-risk projects and anchor long-term investor confidence.

The Central government aims to pass the new Securities Market Code during the upcoming monsoon session of Parliament, seeking to modernize capital market regulations. The code consolidates three existing laws and emphasizes investor protection and compliance simplification.