ECONOMY & NATION


Moneylife Digital Team 29 November 2021
Both the houses of the Parliament on Monday passed the Farm Laws Repeal Bill 2021 without any discussion amid sloganeering by opposition members.    In the Lok Sabha, the Bill was passed amid sloganeering by opposition members.  Immediately after Union minister for agriculture...

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Moneylife Digital Team 29 November 2021
While appointing an administrator, RBI said it will soon initiate bankruptcy proceedings against the NBFC.    The banking regulator’s decision to supersede the board follows after the company could not meet payment obligations to various creditors and due to serious governance...

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Moneylife Digital Team 29 November 2021
Depositors of 17 cooperative banks placed under the all-inclusive directions (AID) will receive up to Rs5 lakh from the deposit insurance & credit guarantee corporation (DICGC) from 29 November 2021 onwards. On 1 September 2021, the Union government had notified the provisions of the DICGC...

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Justice GS Patel (The Leaflet) 29 November 2021
The following is the text of the speech delivered by Justice GS Patel, Judge of the Bombay High Court, on the occasion of The Leaflet's Constitution Day Talk on 26 November 2021…   Good evening. It is a privilege to be here, and today especially. I must thank Indira, Anand and their...

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IANS 29 November 2021
After Bharti Airtel and Vodafone Idea, telecom major Reliance Jio said it would raise tariffs for its prepaid users by around 20 per cent.   The revised tariffs will come into effect from December 1, the telecom major said.   The announcement by Reliance Jio comes few days...

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IANS 29 November 2021
The Enforcement Directorate (ED) has issued summons to Amazon India's management and Future Group promoter for questioning in a Foreign Exchange Management Act case.   Amazon India's top management including its head Amit Agarwal was summoned by ED for next week, said source. The...

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Moneylife Digital Team 26 November 2021
From southwest to northeast, monsoons have pushed vegetables into an unsavoury stew. First came the erratic and often copious summer spells that delayed arrivals at mandis and lit up prices. Then, the northeast variant rained pain. With cumulative rainfall between 1st October and 24 November...

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IANS 26 November 2021
The IL&FS Group on Thursday completed the sale of its 52.26 per cent stake in Terracis Technologies Ltd (TTL) to Falcon SG Holdings of the Philippines.   Terracis Technologies was formerly known as IL&FS Technologies Ltd, while Falcon SG is a wholly-owned subsidiary of Falcon...

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IANS 25 November 2021
The 'National Milk Day' to commemorate the birth centenary of Dr Verghese Kurien - popular as 'Milk Man of India' for his stellar contribution in the dairy sector and setting up of the Amul - will be celebrated at the National Dairy Development Board (NDDB) Campus at Anand in Gujarat on...

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Moneylife Digital Team 25 November 2021
After partly hearing public interest litigation (PIL) challenging the constitutional validity of the faceless appeal scheme, the Bombay High Court (HC) adjourned the matter to 29 November 2021.   Chamber of Tax Consultants (CTC) had filed a writ petition in a representative capacity....

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Moneylife Digital Team 25 November 2021
Cryptocurrencies are a hot new topic among Indians. While many Indian citizens have invested in cryptocurrencies, the absence of a robust framework leaves investors open to high risks.   Despite the blitzkrieg by cryptocurrencies and platforms, especially during the recently concluded...

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IANS 25 November 2021
The Central Bureau of Investigation has registered a case against seven accused, including private firms, for perpetrating a fraud at Punjab National Bank (PNB) and Allahabad Bank in credit facilities and term loans to the tune of nearly Rs 73 crore during 2013.   The accused were...

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IANS 25 November 2021
The Centre on Thursday informed the Supreme Court that it has taken a decision to revisit the criteria of Rs 8 lakh annual income limit for EWS criteria and added that a fresh decision will be taken within a period of four weeks.   Solicitor General Tushar Mehta, representing the...

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IANS 24 November 2021
The IL&FS Group has completed the sale of its 71.84 per cent stake in IL&FS Prime Terminals FZC (IPTF) to VTTI Terminal IBV (VTT I).   The sale of the IPTF has successfully resolved IL&FS Group debt outstanding to the tune of Rs 757.79 crore through this transaction.   The...

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IANS 24 November 2021
To keep Delhi's air quality under check, only CNG and electric trucks, along with trucks providing essential services, will be allowed to enter Delhi between November 27 and December 3, during which all other trucks will be barred from entering the national capital.   "For the last...

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IANS 24 November 2021
The Enforcement Directorate carried out raids on Tuesday at premises of Gurugram based realty firms - Ireo groups in Delhi and Haryana for laundering about Rs 2,600 crore.   The agency said that they carried out search operations at the business premises of IREO Pvt Ltd; IDM Reality...

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Moneylife Digital Team 24 November 2021
The Reserve Bank of India (RBI)’s- Integrated Ombudsman Scheme (RB-IOS), 2021, which was launched by Prime Minister (PM) Narendra Modi last week seeks to provide cost-free redress of customer complaints involving deficiency in services rendered by entities regulated by RBI, if not resolved to...

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The Leaflet 24 November 2021
THE News Broadcasting & Digital Standards Authority (NBDSA) has passed orders directing the news channels Times Now and Zee News to remove from their websites, YouTube channels and any other platforms, videos of their broadcasts pertaining to the 2020 Delhi riots, as well as the coverage of...

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Moneylife Digital Team 23 November 2021
The State Bank of India (SBI) has issued a new warning to its customers to remain alert of fraudulent customer care numbers. “Beware of fraudulent customer care numbers. Please refer to the official website of SBI for correct customer care numbers. Refrain from sharing confidential banking...

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IANS 23 November 2021
Telecom operator Vodafone Idea announced on Tuesday that it would raise tariffs for its prepaid users by around 20%.   The revised tariffs will come into effect from November 25, the telecom operator said.   This announcement by Vodafone Idea comes on the heels of Bharti...

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