Business
Cabinet Approves Amendment to Law on Cheque Bounce Cases
An amendment to the Negotiable Instrument Act will allow a court to order for payment of an interim compensation to those whose cheques have bounced due to dishonouring parties, a move aimed at promoting a less cash economy.
Budget 2018: Hit By Job Crisis, Govt To Roll Out New Employment Policy
According to a report, the new employment policy is likely to be announced in the upcoming Budget, which will be the last one from the current Prime Minister Narendra Modi-led government before contesting elections in 2019.
Modi Govt Shirks Brain Drain Era Mindset, India Plans to Export Talent to the World
The policy plans to make it easier for masons, carpenters and plumbers, among other skilled persons, to get jobs overseas by laying a roadmap that will track the requirement of such professionals abroad as well as the certifications required in different...
Inflation Touches 15-month High of 4.88 percent in November, Industrial Output Slows
The inflation was mainly driven by faster rises in prices of food and fuel products.
Insolvency Law: IBBI Notifies Norms for Complaint Handling
Under the regulatory framework, a complaint can be filed against insolvency professional agency, insolvency professional, insolvency professional entity and information utility.
Ex-RBI Guv Bimal Jalan Thrashes Fixation With Fiscal Deficit Targeting
The former governor of the Reserve Bank of India on Friday said that we must judge a government on the basis of the outcomes its economic policies achieve.
Inflation Data Shows Steady Decline in General Prices, Says Arun Jaitley
Taking to Twitter, Arun Jaitley gave comparative data on inflation during the UPA rule and the Narendra Modi government with the help of graphs.
Be Cautious About Privatisation of Airports, Says IATA Chief
Against the backdrop of many airports worldwide, including in India, grappling with slot issues, he emphasised that airports should be protected with "iron-clad regulation that prioritises the national interest".
Sensex Drops 85 Points on Profit Booking
The 30-share index fell by 85.12 points or 0.25 per cent to 33,639.32 in early trading. The gauge had garnered 964 points in the previous eight sessions.
Real Estate Under GST Ambit? Not That Easy, Says Sushil Modi
In real estate, state levies such as stamp duty, registration charges, and property tax, which is a municipal levy, are currently outside the ambit of GST.
Rupee Weakens 14 Paise to 64.72 Against Dollar
The benchmark BSE Sensex on Friday advanced by 101.78 points, or 0.30 per cent, to 33,689.86.
EXCLUSIVE | New Income Tax Law May Focus on Salaried Class, Says Member of New Panel
Mukesh Patel, an Ahmedabad-based tax advocate, was also part of an earlier expert committee to simplify income tax laws. In an exclusive interview, he has said that the new Income Tax law is the need of the hour instead of continuous patch-up work on the...
A Common Man’s Ready Reckoner on 15th Finance Commission
The recommendations of the 15th Finance Commission will be implemented starting 1 April 2020. Normally, a finance commission is set up two years before the end of the period for which it sets rules for distribution of taxes.
Jayant Sinha Pitches For 'Digital Sky' For Drones
Union Minister Jayant Sinha was addressing a consultation process conducted by the Directorate General of Civil Aviation for finalising rules for drones.
Removing Cheque Facility to Promote Digital Transactions a Bad Idea, Say Economists
The industry body also talked about the need to encourage debit and credit card transactions in order to move towards a cashless economy.
China Widens Foreign Access to Its Giant Financial Sector
Xi is driving broad economic reforms by opening up China’s capital markets, internationalising the yuan currency, and seeking technical know-how through the pursuit of massive inbound and outbound investments.
