Economy News ( English version)

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  • FTAs, strong domestic demand boost MSME prospects: Jitin Prasada March 9, 2026
    The realm of Indian micro, small, and medium enterprises is brimming with potential. Union Minister Jitin Prasada points out that the convergence of free trade agreements and a flourishing domestic market is creating new opportunities. With trade pacts now reaching 65% of the developed nations, an expansive global market is available for India's high-qu […]
  • India must tap FTA opportunities: Piyush Goyal March 9, 2026
    At a recent business summit, India's Commerce Minister Piyush Goyal passionately invited companies to explore the vast opportunities presented by free trade agreements. He pointed out that around two-thirds of the world’s trade market is now within reach for Indian enterprises. The government's commitment to innovation and streamlined intellectual […]
  • FinMin advises banks to speed up IBC resolutions March 9, 2026
    Banks are urged by the finance ministry to work together on insolvency cases. This aims to get more money back and resolve issues faster. A review meeting monitored progress in key cases. Twenty high-value accounts have already been resolved. Banks must reduce delays in filing applications. Public sector bank chiefs will oversee top pending cases.
  • Govt exceeds disinvestment target, boosts revenue with strong dividend collections March 9, 2026
    Government's combined disinvestment and asset monetisation receipts have surpassed ₹34,400 crore this fiscal year, exceeding revised estimates. Dividend collections from public sector enterprises have reached ₹70,577 crore, nearing the annual target. These strong revenue streams are crucial for meeting the FY26 fiscal deficit goal.
  • Autonomous bodies should leverage risk-controls maturity scorecard to access financial prudence: CAG March 9, 2026
    CAG K Sanjay Murthy urged autonomous institutions to use the Risk-Control Maturity Scorecard (RCMS) for financial prudence. This self-monitoring tool aims to identify areas needing attention as the number of autonomous bodies and investments grow. The initiative shifts focus from reactive compliance to proactive risk management, with institutional management […]

 

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