Regulation

Erring companies will be penalised; Nitin Gadkari reacts to rising EV fire mishaps [details]

With the shocking number of EV fire accidents being reported almost on a regular basis, the Centre has decided to intervene with a stern warning for erring companies.

Apr 22, 2022

Why Telcos still giving cold shoulders to slashed spectrum prices reserved by TRAI

The Telecom Regulatory Authority of India (Trai) recommended slashing the base price between 35 and 40 per cent for the auction of major 5G spectrum airwaves

Apr 14, 2022

MSME gets major boost in India; over ₹6K crore approved for new RAMP scheme [details]

"Raising and Accelerating MSME Performance" (RAMP) is a World Bank assisted Central Sector Scheme, supporting various Corona Virus Disease 2019 (COVID) Resilience and Recovery Interventions of the Ministry of Micro, Small and Medium Enterprises (MoMSME).

Mar 30, 2022

Who is Madhabi Puri Buch; SEBI's first woman chairperson [details]

The Indian government on Monday appointed Madhabi Puri Buch as the new chairperson for market regulator SEBI, writing many firsts.

Feb 28, 2022

Beware: India's crypto ad guidelines out; celebrities warned [read now]

No advertisement for crypto/digital asset products or exchanges may show a minor, or someone who appears to be a minor, directly dealing with the product, or talking about the product, said the advertising watchdog. Read full guidelines here.

Feb 23, 2022

SBI won't hire women more than 3 months pregnant, deems "temporarily unfit"; draws ire [reactions]

India's largest public sector bank, SBI, amended its recruitment guidelines, prohibiting the appointment of women candidates more than 3 months pregnant.

Jan 28, 2022

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

Tax, Budget 2017, Union Budget 2017, Income Tax, senior citizens, common man

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

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