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FINANCE MINISTRY ARBITRATION ORDER
Financial Intelligence Unit puts large crypto OTC deals under scanner, asks exchanges for trade dataIndian financial authorities are examining large over-the-counter cryptocurrency trades. The Financial Intelligence Unit is requesting data...
Gold rush missed: Can India dig its way out of import dependence?India's significant gold imports, exceeding 800 tonnes in 2024 while producing only 2 tonnes, highlight a missed opportunity. Learning from...
Parliamentary panel moots higher education spending, says NEP's 6% GDP target unmetA parliamentary committee has flagged current higher education funding as inadequate. It urges an increase to six percent of GDP, aligning ...
Small rubber footwear units get 1 yr to comply with quality normsMicro and small enterprises in the non-leather footwear sector have received an extended deadline of July 31, 2027, for mandatory quality c...
Banks asked to track movable assets to aid loan recoveriesThe government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...
Finmin to engage with states over looming El Nino falloutThe Finance Ministry will soon meet with states and central ministries to assess the economic and fiscal impact of El Nino. This review wil...
Govt said to accept tweaks to Securities Markets Code draftThe government has accepted significant changes to the proposed Securities Markets Code. Investigation timelines will be extended to one ye...
Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitrationThe Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier order...
Indian judiciary promotes mediation as robust dispute resolution mechanism: CJI Surya KantIndia's judiciary champions mediation as a strong way to resolve disputes. Chief Justice of India Surya Kant highlighted its importance and...
RICS launches internationally recognised mediation training programme in IndiaThis initiative aims to equip professionals with specialized dispute resolution skills. The program will train individuals to preserve rela...
Cantor V founder and Indian-origin California businessman Mahender Makhijani accused in $100 million fraud; sex party and blackmail claims surfaceIndian-origin businessman and founder of Cantor V Group, Mahender Makhijani, is facing a $100 million fraud investigation in California. Pr...
President approves merger of REC with Power Finance CorporationThe President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in...
Firms defaulting on labour wage may face ban from govt tendersCentral agencies can now ban contractors from government projects for failing to pay worker wages or social security contributions. Repeat ...
Insider trading: Supreme Court upholds SAT clearance to Biocon MDThe Supreme Court has backed a tribunal's decision, clearing Biocon's managing director, Shreehas P Tambe, of insider trading allegations f...
IWT treaty: Centre says not a single drop of water will go to Pakistan as it formulates plans to stop flowsIndia is taking steps to ensure Pakistan receives no water from the Indus river system in the coming years. Union Jal Shakti Minister C.R. ...
CJI Surya Kant bats for mediation, says arbitration facing procedural hurdlesChief Justice of India Surya Kant highlighted mediation's importance at the Supreme Court of the United Kingdom. He stated that internation...
Court of Arbitration ruling on Indus Waters Treaty deepens Indo-Pak riftA Hague court ruling has intensified the Indus Waters Treaty dispute between India and Pakistan. The decision restricts India's water stora...