#MintPremium | 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.
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(@Firstday75 reports)
#MintPremium | Now, India is preparing the next phase of IBC reforms, focused on faster admissions, quicker asset sales, and reducing procedural bottlenecks.
This matters because unresolved debt doesn’t just hurt banks. It locks capital, delays investments, weakens businesses, and slows economic momentum.
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(@Firstday75 reports)
#MintPremium | 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.
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(@Firstday75, @ritishabaruah report )
The government will not let the volatile external situation to affect Indian businesses, finance minister Nirmala Sitharaman said, highlighting the measures taken to ensure collateral-free credit for them.
@Firstday75 ✍️ https://t.co/ETgOlfP453
Finance minister Nirmala Sitharaman framed India’s economic rise as a departure from “extractive” and “colonial” models of development, positioning the government’s ‘Viksit Bharat’ vision as rooted in shared growth and domestic strengths.
https://t.co/wNmfepMOwZ
#India likely to grow 7% in FY27 on domestic demand, investments; #inflation to remain in range: @EACtoPM Chairman @MahendraDevS
https://t.co/bruqaGt9Vz
India's electronic permits needed to transport goods within and across states have crossed 140.6 million in March, its highest in the GST regime that was rolled out in July 2017
@Firstday75 ✍️ https://t.co/332zL4zkFs
Mint Explainer | #IBC's #cleanslate: How new law gives firms a true fresh start, voids old #debt claims | Company Business News https://t.co/L2Q8FUUDLg
The Indian economy is likely to grow at 6.6% in financial year 2026-27 (FY27), slowing from an estimated 7.6% expansion for the year ended March, reflecting headwinds from the West Asia conflict, the World Bank said in its South Asia Economic Update.
Full story by @narayan_subhash, @Firstday75 here 👉 https://t.co/o0hMI4YeoC
#IndianEconomy #FY27 #IranWar