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Regulation

A view of the Parliament House complex

Parliament passes Delhi Services Bill with bill clearing RS despite strong fight by Opposition

The Government of National Capital Territory of Delhi (Amendment) Bill, 2023 was passed by the Parliament on Monday, despite strong fight by the opposition parties in the upper house. Aug 8, 2023
lok sabha

LS passes 3 bills in 30 mins amid Oppn protests; House adjourned till July 31 [details]

Amid total chaos and bedlam in Lok Sabha on Friday, three bills were passed within minutes, which included the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, which will allow private sector to bid for mining critical minerals like Lithium. Jul 28, 2023
Data protection

Data Protection Bill 2023: Industry expert shares insights, implications, demand and more [Interview]

As an expert in the field of data recovery and protection, Sunil Chandna sheds light on the upcoming Data Protection Bill in India and its far-reaching impact on businesses and individuals alike. Jul 21, 2023
Online Gaming

"Unconstitutional, irrational, egregious": Industry stakeholders react to 28% GST on online games [details]

Online gaming industry stakeholders on Tuesday termed the 28 per cent GST on the full value of gaming as "unconstitutional, irrational and egregious", saying that the move is a self goal that will kill the skilled online gaming sector in the country. Jul 11, 2023
Social media influencer

Health, finance influencers watch out; govt to draft rules requiring you to run disclaimers [here's why]

Soon the amalgam of health influencers, who give tips on various social media platforms about consuming a particular nutrient or supplement, will have to prove their qualifications and eligibility, to ensure that they are not indulging in surrogate advertising or pedalling half-baked information to their followers. Jul 9, 2023
Data protection

Cabinet clears Data Protection Bill; what you must know about controversial bill [Explained]

The bill will have jurisdiction over the processing of digital personal data in India. This includes data collected online or offline and later digitised. More details inside. Jul 5, 2023
Credit card

Implementation of increased tax on credit card payments on foreign tours postponed amid outcry [details]

The Finance Ministry on Wednesday said that there will be no change in tax collection at source (TCS) for all purposes under the liberalised remittance scheme (LRS) for overseas travel tour packages, regardless of the mode of payment, for amounts up to Rs 7 lakh per individual per annum. Jun 28, 2023
Indian Economy

World's largest grain storage plan gets Cabinet's nod; gets ₹1 lakh crore budget [details]

The pilot project will be implemented in at least 10 selected districts of different states and UTs in the country to provide valuable insights into regional requirements for the project. Jun 1, 2023
Quantum computer

National Quantum Mission gets govt's nod; Rs 6,003 crore approved to scale scientific, industrial R&D [details]

The Union Cabinet on Wednesday approved the National Quantum Mission to scale-up scientific and industrial research and development (R&D) for quantum technologies. Apr 19, 2023
sensex nifty

New rule for IAS, IPS, IFS officers; Centre directs officials to inform about stock market related transactions

The Centre has directed Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFS) officers to inform if their total transactions in stock, share or other investments exceed their six months' basic pay in a calendar year. Mar 30, 2023
wgc q1 2017 report, wgc gold demand, india gold demand, us gold demand, gold jewellery demand, gold prices in india, modi govt

Buying gold jewellery in India has new rule in India; sale without THIS is prohibited [details]

The Bureau of Indian Standards (BIS) has prohibited sale of hallmarked gold jewellery or gold artefacts without the six-digit alphanumeric hallmark unique identification number (HUID) after March 31, 2023. Mar 5, 2023
online shopping

Crackdown on fake product reviews in India; govt unveils new framework [details inside]

Aiming to guard customers from fake online reviews of products, the government on Monday issued a comprehensive set of guidelines that would come into effect from November 25 and would be voluntary in nature. Nov 22, 2022
RBI

RBI report flags large-scale variation in property tax collection across civic bodies

It may look surprising but it is a fact that the property tax revenue of the municipal bodies in Delhi is much more than that of bigger states including Uttar Pradesh, Madhya Pradesh, Rajasthan and many other states. Nov 20, 2022
Data protection

India's new privacy bill proposes cross-border data transfer, tough penalties; Big Tech in sigh of relief

In a relief for Big Tech, the IT Ministry on Friday proposed a new draft of digital personal data protection bill that will allow cross-border transfer of some users' data with "certain notified countries and territories". Nov 18, 2022
BJP spokesperson Rajeev Chandrasekhar

From microelectronic to semiconductor; how govt is enhancing Internet penetration [details]

Union Minister of State for Electronics & IT, Rajeev Chandrasekhar on Thursday said that the Centre is undertaking various collaborative measures to enhance "underlying technologies like microelectronic and semiconductor to increase Internet penetration". Oct 27, 2022
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