Regulation

Rated tame: RBI behind curve on rate cuts, say frustrated Indian officials

Headline inflation reflects a structural shift, and is low enough to warrant more aggressive cuts, say senior govt officials.

Aug 3, 2017

Using labour arbitrage to bring in Indian workers a mistake: Cisco chief

Chambers was in India to announce the creation of the US-India Strategic Partnership Forum (USISPF) which he says will take the relationship between the two countries, companies and people to the next level.

Aug 3, 2017

Mohandas Pai to head SEBI Fintech committee, Paytm founder among those on the panel

The panel will "examine, deliberate and advise SEBI" on fintech solutions for "widening and deepening" of the securities markets through new products like robo-finance, automated trading systems, equity crowdfunding and dark pools.

Aug 3, 2017

Above the table: GST gets it right on the money

The landmark reform's biggest loophole will appear in the form of our systemic inability to discard old paradigms.

Jul 31, 2017

Esops fable might turn sour if 8 lakh bank staff fail to recover bad loans

Scheme planned to come into force in 2017-18; most state-run banks have provision coverage ratio less than 65 percent.

Jul 31, 2017

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Few more days: Deadline for filing income tax returns extended to August 5

The primary reason for the extension in deadline is understood to be technical snag developed due to the last-minute rush by tax filers.

Jul 31, 2017

Hardware glitch: As deadline for filing I-T returns nears, snag hits portal

The site has not crashed. The technical team is working on it and it should be up and running shortly, says CBDT official.

Jul 30, 2017

Celebs to be held responsible for ads? New law to let consumers file class-action suits

India is all set to get a new consumer protection law that will give the common buyer several facilities that people in the fast-growing economy need. Read to know more.

Jul 29, 2017

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Labour Law: Union Cabinet approves minimum wage code bill

The bill is slated to be introduced in the upper house of the Parliament during the ongoing monsoon session.

Jul 27, 2017

UK to ban sale of diesel and petrol cars from 2040

The announcement comes as part of the governments £3bn ($3.9bn) clean air strategy. Air pollution is thought to shorten the lives of around 40,000 people per year.

Jul 26, 2017

Senate Republicans vote to move ahead on Obamacare repeal

The Senate voted 51-50 to start debate on Obamacare repeal. Vice President Mike Pence was forced to break the tie.

Jul 26, 2017

US House of Representatives pass sanctions bill

he U.S. House of Representatives voted to slap more sanctions on Russia, Iran, and North Korea. The bill defies President Trumps objections to such legislation but was backed by Republicans and Democrats alike. The bill still needs to pass through the Senate before getting to the White House for Trump to sign or veto. The House-passed bill would codify into law existing sanctions on Russia. New sanctions would be imposed upon Iran for their ballistic missile development. While North Koreas shipping industry and use of slave labor would be targeted for the countrys nuclear and missile programs. The White House says President Trump has not yet considered vetoing or signing the bill into law.

Jul 26, 2017