Regulation

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Airline companies drop flat Rs 3,000 cancellation fee after DGCA raises concern

The decision came after the Directorate General of Civil Aviation asked the airlines to provide data on cancellation charges.

Dec 18, 2017

E-way bills mandatory for goods movement from February 1: GST council

According to the council, the implementation of e-way bills will bring uniformity and allow seamless inter-state transfer of goods.

Dec 17, 2017

Farmers income may double by 2022; is it enough to prevent suicides?

According to government data released on Friday, as many as 26,339 farmers committed suicide in Maharashtra alone from 2001 to October 2017.

Dec 16, 2017

Spouses of H-1B visa holders may no longer be able to work in the US; Trump administration to end Obama rule

The US Department of Homeland Security (DHS) says that the move is in accordance with the Trump administration's 'Buy American, Hire American' policy stance.

Dec 16, 2017

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GST Council to meet Saturday: Will it finally decide on e-way bill roll-out?

Implementation of e-way bill will enable tax authorities track inter-state and intra-state movement of goods.

Dec 15, 2017

SBI changes IFSC codes and names of about 1,300 branches

The customers holding SBI accounts have been informed about the change in IFSC codes.

Dec 11, 2017

India ready to launch 5G network services at par with global timeline: Manoj Sinha

The Centre now wants to draw level with the rest of the world on 5G, which is a next-generation mobile technology that will have a higher demand once introduced.

Dec 9, 2017

MP govt orders probe over Rs 300 cr scam to help builders escape RERA

Allegedly back-dated completion certificates were issued to housing projects that were incomplete in an attempt to save the builders from the Real Estate Regulatory Authority (RERA) regulations.

Dec 9, 2017

Over 300 private engineering colleges likely to shut down, another 500 institutions under scanner

Another 500 colleges are under the scanner for not being able to fill up the seats.

Dec 2, 2017

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Govt seeks to directly fund Rs 1.35 lakh crore of bank recapitalisation; approval by year-end?

This will help the state run banks from building a pile of bad debt and make funds available to more productive sectors of the economy.

Nov 30, 2017

IPS officer D Roopa demands ACB probe against retired DGP who filed Rs 20 crore defamation suit against her

Roopa denied receiving any defamation notice. She said, "If I receive it, I will answer in court."

Nov 29, 2017

TRAI favours Net Neutrality with some exemptions; free internet activists hail the decision

Following this development, DoT will have to accept these recommendations made by TRAI and make changes to the license agreements of telecom operators, to make Net Neutrality part of the license agreement.

Nov 28, 2017

RBI allows banks to rely on provisional ratings for giving further loans to distressed companies

According to a Union finance ministry official, March 31 may be the deadline given to commercial banks to find a solution or initiate bankruptcy proceedings against the borrowers.

Nov 28, 2017

Modi govt constitutes six-member task force to redraft 50-year-old direct tax law

The task force is mandated to submit its report to the government within 6 months from its constitution.

Nov 22, 2017

Cabinet approves ordinance for amendments of insolvency and bankruptcy code

Earlier the finance ministry notified banks to prevent willful defaulters from participating in bidding any stress assets called for insolvency proceedings.