ECONOMY & NATION


Moneylife Digital Team 18 November 2021
Expressing anguish over the arrest of doctors and staff on duty for the fire incident at Civil Hospital in at Ahmednagar, the Indian Medical Association (IMA) has demanded comprehensive steps to prevent fires in hospitals. In addition, IMA blames the authorities for passing the buck to...

Read More



Moneylife Digital Team 18 November 2021
During the 42 days festive period between Navratri and Diwali, total vehicle retail sales were down 18% on a year-on-year (y-o-y) basis, while monthly sales in October fell 26.64% compared with a pre-COVID period, says Federation of Automobile Dealers Associations (FADA). The festive period...

Read More



IANS 18 November 2021
The Supreme Court on Thursday set aside the Bombay High Court judgement which held skin-to-skin contact was necessary for invoking charges under the POCSO Act.   A bench headed by Justice UU Lalit said the purpose of the law cannot allow the offender to sneak out of the meshes of the...

Read More



Vikram Hegde (The Leaflet) 18 November 2021
Judges need to start writing their judgments in plain and simple language that is easy to understand for the small proportion of English speakers in India, and to translate for the rest of the citizens, writes VIKRAM HEDGE.   A few days ago, Senior Advocate Fali Nariman, speaking...

Read More



Moneylife Digital Team 17 November 2021
The enforcement directorate (ED) on Tuesday carried out a search operation at various business and residential premises of Ghosh Brother Group of Companies situated in Assam under the Prevention of Money Laundering Act (PMLA). It seized incriminating documents and unaccounted cash and gold...

Read More



IANS 17 November 2021
Reserve Bank of India governor, Shaktikanta Das, on Tuesday said that consumption demand triggered by the festive season is making a strong comeback.   Speaking at the eighth SBI Banking & Economics Conclave, he said: "There are signs that consumption demand triggered by the festive...

Read More



IANS 17 November 2021
Stock market maverick Rakesh Jhunjhunwala-backed SNV Aviation, whose upcoming airline venture—Akasa Air—on Tuesday placed an order for 72 Boeing 737 Max aircraft at the Dubai aeroshow which is being held here.   The airline, through this order, aims to build up on its fleet to serve...

Read More



IANS 16 November 2021
Lalit Goyal, managing director of Gurugram based IREO real estate group, has been held by the Enforcement Directorate in first of its arrest made in 'Pandora Papers' case, sources said on Tuesday.   Goyal is accused of allegedly moving assets worth USD 77 million to British Virgin...

Read More



Moneylife Digital Team 16 November 2021
Revenue growth of the Indian pharmaceuticals sector will moderate to 9% this fiscal, compared with a healthy 12.5% in the past fiscal. This is due to slower growth in exports, despite some support from COVID-19 vaccine opportunities and a pick-up in demand in the domestic formulations market,...

Read More



Moneylife Digital Team 16 November 2021
The Union government extended the tenure of the secretaries of the ministry of home and ministry of defence as well as for the director of Intelligence Bureau (IB) and secretary of Research and Analysis Wing (RAW) for two years. According to the gazette notification issued by the ministry of...

Read More



IANS 16 November 2021
The Delhi High Court on Tuesday directed the Competition Commission of India (CCI) to dispose the matter of revocation of approval given to Amazon which has been challenged by the Future Coupons Limited   The direction was issued on a public interest litigation (PIL) filed by the...

Read More



Moneylife Digital Team 15 November 2021
Currency in circulation (CIC) has remained constant during Diwali week in 2021 even with record purchases. As per estimates by the State Bank of India (SBI), because of the COVID-19 pandemic, people may have been holding as much as Rs3.3 lakh crore in cash for a precautionary motive. The data...

Read More



IANS 15 November 2021
Higher prices of primary goods along with food articles and fuel cost stiffened India's October 2021 wholesale inflation on a sequential and year-on-year (y-o-y) basis.   Accordingly, the annual rate of inflation, based on wholesale prices, rose to 12.54% last month from 10.66% in...

Read More



IANS 15 November 2021
The independent directors of Future Retail have written to the Competition Commission of India (CCI) stating that it is found that the representations made by Amazon in the application to the CCI for approval, which were completely opposite and contradictory to their own internal...

Read More



IANS 12 November 2021
Tech giant Google has expanded its flood forecasting initiative to all over India, the company announced.   The initiative which began in 2018, to help combat the catastrophic damage from floods each year, was covering an area with about 220 million people. It has now been "expanded...

Read More



Shivanand Pandit 11 November 2021
Tax terrorism is a known enemy of taxpayers of India. Tax disputes and assessments have instilled tremendous anxiety in the minds of the taxpayers.   Finally, the government recognised this fact and tried to simplify the tax processes by introducing annual information statement (AIS)...

Read More



V Venkatesan (The Leaflet) 11 November 2021
The abrupt transfer of Madras High Court Chief Justice Sanjib Banerjee, to the Meghalaya High Court is not only controversial, but raises a host of issues, writes V VENKATESAN   In what is widely seen as a punitive decision, the Supreme Court Collegium disclosed on Tuesday, its...

Read More



Moneylife Digital Team 10 November 2021
Last year in May, the prime minister’s office (PMO), in an official release, had announced allocating Rs100 to support the COVID-19 vaccine designers and developers from the PM’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund. However, the Union government does not seem...

Read More



Vinita Deshmukh Vinita Deshmukh 10 November 2021
The Maharashtra Right to Public Services Act (RTS) 2015 was a shot in the arm of citizen empowerment. Its objective is to ensure a transparent, efficient, and time-bound delivery of public services to citizens. This includes the services of every department of the Maharashtra government, the...

Read More



IANS 10 November 2021
India with 45,275 requests was once again second to the US in terms of asking Meta (formerly Facebook) to provide user data in the first half of 2021, and social network restricted access in India to 442 items in response to directions from the Ministry of Electronics and Information...

Read More

Free Helpline
Legal Credit
Feedback