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Economy

DoT panel approves levy of penalty on Airtel, Vodafone Idea

June 18, 2019July 4, 2019 - by Abdul

The Digital Communications Commission has given its approval for imposing penalty on Bharti Airtel and Vodafone Idea for denial of interconnection to Reliance Jio when the latter had entered the …

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Economy

Modi likely to meet bank chiefs to discuss roadmap for PSBs

June 18, 2019July 4, 2019 - by Abdul

Prime Minister is likely to meet chief executives of Indian banks to chalk out a strategy for the banking sector for the next five years. The meeting assumes significance as …

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Economy

World Food India to be held from 1st to 4th November 2019 in New Delhi

June 18, 2019July 4, 2019 - by Sayoni

The Ministry of Food Processing Industries has announced that the World Food India 2019 will be held from 1-4th November 2019 in New Delhi. The event seeks to position India …

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Economy

GST Council may give one-year extension to anti-profiteering authority

June 17, 2019July 4, 2019 - by Abdul

The GST Council is likely to extend the tenure of the National Anti-profiteering Authority(NAA) till November 30,2020. Besides,the Council will also discuss a proposal to levy Goods and Services Tax(GST) …

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Economy

This will be a tough budget to balance

June 17, 2019July 4, 2019 - by Abdul

There will be two major policy events taking place in the coming days which are the Budget and a GST Council meeting. Both will reveal the government’s intent and vision …

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Economy

Archaic labour laws must be scrapped, says staffing body

June 16, 2019July 4, 2019 - by Sayoni

Indian Staffing Federation (ISF), a staffing industry apex body, has advocated that India’s labour regulations that, that are irrelevant in today’s context should be scrapped off. Labour is a subject …

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Economy

Cross-border data movement under new law may be allowed on basis of reciprocity: Prasad

June 15, 2019July 4, 2019 - by Abdul

Union Telecom minister has said that the draft of Personal Data Protection Bill,2018 is finalised. The minister also said that India will uphold its data sovereignty and it will not …

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Economy

Cabinet approves New Delhi International Arbitration Centre Bill,2019

June 15, 2019July 4, 2019 - by Abdul

Union Cabinet has approved the New Delhi International Arbitration Centre Bill,2019 for introduction in the ensuing session of Parliament. The Bill provides for setting up of an independent autonomous body …

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Economy

Trade deficit widens to $15.36 bn in May

June 15, 2019July 4, 2019 - by Abdul

According to data released by the Ministry of Commerce,India’s trade deficit has widened to a six-month high of $15.4 billion in May,2019. The trade deficit has widened due to import …

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Economy

IBC-type framework for NBFCs, simplified GST among several issues raised with Finance Minister

June 15, 2019July 4, 2019 - by Abdul

Finance Minister has held pre-budget discussions with the economists. The economists stressed on the need to (a)promote labour intensive sectors and (b)manufacturing through Make in India. Further,they also suggested simplification …

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