Tag: economic reforms

India’s Budget Advances Economic Reform, but Fiscal Settings Unchanged

Newsroom24x7 Network London/Hong Kong/Mumbai: India’s new budget outlined some economic reforms that could support the economy, but its fiscal stance was left broadly unchanged, with no plans for meaningful consolidation, says Fitch Ratings. Overall, the budget points to policy continuity on the part of the ruling Bharatiya Janata Party (BJP) following May’s general election. Newly

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Insolvency and Bankruptcy Code: Important milestone of economic reforms

Newsroom24x7 Staff New Delhi: An Insolvency Professional Entities (IPE) is jointly and severally liable for all acts or omissions of its partners or directors as IPs committed during such partnership or directorship. The Insolvency and Bankruptcy Code, 2016 is considered an important milestone of economic reforms after the GST. It offers a market determined, time

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