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BANKING REGULATION AMENDMENT BILL 2020
Consumer groups oppose Trai plan to scrap advisory panel for telecom complaintsConsumer advocates are pushing back against the telecom regulator's plan to eliminate the advisory committee for complaint appeals. They ar...- RBI temporarily eases FCNR(B), NRE deposit rate norms to attract overseas fundsThe Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE...
- Government prescribes end to over-the-counter sale of cough syrupsEven in small villages with a population of less than 1,000, where certain remedies including cough syrups were allowed to be sold without ...
- Arunachal rolls out major deregulation drive to boost investmentArunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, enviro...
- Sebi eases winding-up norms for AIFs, introduces 'inoperative fund' frameworkSebi has introduced a new framework allowing Alternative Investment Funds (AIFs) to retain liquidation proceeds beyond their fund life unde...
- Telcos reject call for cheaper, standalone voice & SMS plansTelecom operators Reliance Jio, Airtel, and Vodafone Idea have rejected the Telecom Regulatory Authority of India's (Trai) proposal for man...
- RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...
- New valuation rules seek fairer outcomes in bankruptcy casesNew Delhi: The bankruptcy regulator has issued a circular for standardized valuation of companies under the Insolvency and Bankruptcy Code....
- Delimitation Bill to return with 50% seat increase clause, says NaiduAndhra Pradesh Chief Minister N Chandrababu Naidu confirmed the BJP-led NDA government will reintroduce the Delimitation Bill, ensuring a 5...
- No Covid, yet Rs 3.71 lakh hospital bill: Gujarat man's insurance paid only Rs 1.78 lakh, deducting Rs 1.64 lakh; Then court delivered justiceA Gujarat consumer commission ordered a hospital and doctor to refund Rs 1.64 lakh to a patient. The patient was wrongly billed under a Cov...
- Unauthorised absence by RBI official grave misconduct: Bombay HC; upholds his removalThe Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work is grave misconduct. The court dism...
- China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...
- Grid India seeks steering panel for market couplingGrid India suggests a steering committee for power market coupling. This body would include CERC, Grid India, and power exchanges. The move...
- Canada's move to rein in AI chatbots, spurred by school shooting, faces doubts over loopholesCanada's new AI chatbot and social media regulation bill, prompted by a school shooting, faces criticism for potential loopholes and a leng...
- US Congress approves $70 billion for Trump immigration crackdownThe US Congress on Tuesday passed a $70 billion bill funding President Donald Trump's hardline immigration crackdown through the rest of hi...
- Former SBI Capital Markets chief Arun Mehta named Edelweiss ARC CEOEdelweiss Asset Reconstruction Company is thrilled to announce Arun Mehta's appointment as CEO, following an extensive search process by Ko...
- US House passes $70 billion bill to fund ICE, Border PatrolCongress has approved a 70 billion dollar funding bill for Immigration and Customs Enforcement and Border Patrol. The House passed the meas...
- AI world vastly different from IT Act era, believe new law is needed: Union minister VaishnawIndia's IT Minister Ashwini Vaishnaw believes a new law is needed for Artificial Intelligence. The current IT Act, enacted in 2000, predate...
- Assam Cabinet approves DA hike, Rs 500-crore Dibrugarh development pushAssam's government employees and pensioners will see a Dearness Allowance and Relief increase to 60 percent. A second state capital region ...
- Assam Assembly sittings decline: PRS Research reveals Bill passing speed and Budget discussion trendsA research on the Assam Legislative Assembly from 2021-2026 revealed a decrease in annual sitting days to 20. The assembly passed a signifi...
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