Regulation

Sitharaman calls for global action to regulate cryptocurrency, other evolving tech [details]

Nirmala Sitharaman's comments come at a time when the government is preparing to come out with legislation to regulate cryptocurrencies.

Dec 3, 2021

China's central bank deems all crypto transactions illegal; bans circulation in market [details]

The Chinese central bank further added that all kinds of cryptocurrencies, including Bitcoin and Tether are not "fiat" currencies, hence must be banned from circulation in the market.

Sep 24, 2021

Telco Breather: 4-year moratorium on dues, change in AGR definition

The Union Cabinet has also approved the change in the AGR definition and now non-telecom revenue will not be calculated under AGR, prospectively.

Sep 15, 2021

Sri Lanka declares economic emergency; SL rupee tanks, food prices soar [details]

By declaring an economic state of emergency, SL authorities can seize stocks of staple foods and set their prices in a bid to curb inflation.

Sep 1, 2021

What is General Insurance Business Bill; President Kovind grants assent to amend insurance law [Explained]

The Act's stated goals include increasing insurance sector coverage, providing social safety through better protecting policyholder rights, and promoting faster economic growth.

Aug 20, 2021

Centre hikes Dearness Allowance to 28%; benefits 50 lakh central govt employees [details]

The decision was taken in the Cabinet Committee meeting chaired by Prime Minister Narendra Modi at his official residence earlier in the day.

Jul 14, 2021

Taxing imported oxygen concentrators for personal use "unconstitutional"; Delhi HC quashes IGST [details]

Last week also the Delhi High Court had slammed the government on the issue of taxes on medical equipment in COVID related treatment.

May 21, 2021

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China makes example out of Alibaba's $2.7 billion penalty; beware of anti-monopoly rules violation

The fine on Jack Ma's company by the State Administration for Market Regulation (SAMR) was more than double the previous record of 6.1 billion yuan paid by chip-maker Qualcomm.

Apr 10, 2021

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Filing taxes: GST brings in important change, gives operational flexibility [details]

Tax filers will now be permitted to declare invoices pertaining to the movement of goods and services in their quarterly return form GSTR 1 to be filed in the last month of each quarter.

Apr 4, 2021

India's e-commerce policy to bring several changes; what changes for sellers, consumers [details]

An e-Commerce operator operating in marketplace or hybrid mode shall manage its relationship with sellers on its platform in an agnostic manner and without being partial to any of its sellers.

Mar 15, 2021

Bank unions oppose PSB divestment; nationwide strike in offing [details]

Following the Budget session, The All India Bank Officers' Confederation (AIBOC) has expressed discontent towards the government's proposal to privatise PSUs and divestment of PSBs and plan a nationwide protest.

Feb 1, 2021

Genuine concern or vote bank politics: Why Indians must ignore Canada's views on farm bill

It's time that Prime Minister Justin Trudeau is politely reminded of Canada's hypocrisy, in the wake of his very public support to protesting farmers.

Dec 7, 2020

Chinese sugar in Indian honey: Dabur, Patanjali slam study, say plot to defame brands

It is a food fraud more sophisticated and damaging to our health than our 2003 and 2006 cola investigations; says CSE director Sunita Narain.

Dec 3, 2020

HuffPost India shuts down; archives wiped, readers redirected to global content

HuffPost India has posted a statement on its website announcing the shut down of its operations in the country, but the reason hasn't been revealed.

Nov 24, 2020

Petrol, diesel price hike in India explained: what is the reason behind steady spike

The increase in petrol and diesel prices was expected as the global oil market has shown signs of firming up after positive news on the successful introduction of a coronavirus vaccine soon.

Nov 22, 2020

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