Gireesh Chandra Prasad

1 week ago | livemint.com | Gireesh Chandra Prasad

Indian businesses will soon have to present their financial statements in a new way to help investors and regulators quickly assess their performance and financial health, two persons informed about the development said. The attempt to make financial statements more relevant, transparent and uniform will apply to all listed companies as well as large unlisted firms.

1 week ago | htsyndication.com | Gireesh Chandra Prasad

Posted On: 2025-04-17 Posted By: Gireesh Chandra Prasad Business & Finance Health & Lifestyle Technology MINT New Delhi, April 17 -- Indian businesses will soon have to present their financial statements in a new way to help investors and regulators quickly assess their performance and financial health, two persons informed about the development said.

1 week ago | livemint.com | Gireesh Chandra Prasad |Rhik Kundu

The finance ministry had projected a 10.1% economic growth in nominal terms, while the Economic Survey 2024-25 had predicted a 6.3-6.8% real gross domestic product (GDP) growth for FY26. With the growth projection remaining intact, the government’s fiscal calculations will stay as planned, said one of the persons quoted above, who spoke on the condition of not being named.

1 week ago | htsyndication.com | Gireesh Chandra Prasad |Rhik Kundu

New Delhi, April 16 -- The Union government expects the turbulence from global trade wars to have little impact on the country's economic growth and budget calculations, according to an official assessment of India's growth scenario and the impact of the Trump tariffs. Thanks to a normal monsoon, a pause in US reciprocal tariffs and moderate oil prices, the economy is on track to meet growth projections in FY26, two people privy to the assessment said.

1 week ago | livemint.com | Gireesh Chandra Prasad

New Delhi: Former Finance Secretary to the Indian government and Chairperson of National Financial Reporting Authority (NFRA) Ajay Bhushan Pandey has joined the Asian Infrastructure Investment Bank (AIIB) as vice president, investment solutions, the Beijing-headquartered multilateral development bank said on its website. India is the second largest shareholder of the bank.