New Delhi, Feb 14 (PTI) Finance Minister Nirmala Sitharaman on Monday said discussions with regard to private cryptocurrencies and central bank-backed digital currency have been going on with the Reserve Bank and a decision will be taken after due deliberations. Sitharaman, in her Budget speech on February 1, had announced that Digital Rupee or Central [...]
New Delhi, Feb 14 (PTI)The Supreme Court Monday said that its order extending the limitation period for filing cases before judicial and quasi-judicial fora also applies to the period prescribed for filing the written statement in commercial suits.The apex court on January 10, 2022, restored its earlier order to extend the limitation period till February [...]
New Delhi, Feb 14 (PTI) The Supreme Court Monday directed the Centre to examine whether the rules framed by various states under Real Estate Regulatory Authority (RERA) are in conformity and subserve the interest of home buyers.A bench of Justices D Y Chandrachud and Surya Kant gave three months to the Centre to examine if [...]
Kolkata, Feb 14 (PTI) SIDBI on Monday launched the ‘Waste to Wealth Creation’ programme in which women will make ornaments and showpieces from fish scale in the Sundarbans in West Bengal’s South 24 Parganas district.Under this programme, SIDBI will extend benefits to 50 women in directly generating revenues from alternate livelihoods. Later, each of them [...]
New Delhi, Feb 14 (PTI) Driven by rising prices certain food items, retail inflation soared to a seven-month high of 6.01 per cent in January, breaching the upper tolerance level of the Reserve Bank. According to the Consumer Price Index (CPI) data released by the government on Monday, the retail inflation in 'oils and fats' [...]
Markets regulator Sebi on Monday cancelled the registration of four stock brokers and 11 depository participants, including Karvy Stock Broking and Anugrah Stock & Broking. Irrespective of the cancellation of registration certificate, the respective entities will continue to be liable for anything done as depository participant or stock broker and will continue to be responsible [...]
Jammu, Feb 14 (PTI) Jammu and Kashmir Lieutenant Governor Manoj Sinha on Monday inaugurated 22 power transmission and distribution projects in this region. He said these projects, built at a cost of Rs 216 crore, will address the current power deficit in the union territory. "Today's development represents a giant stride in capacity augmentation and [...]
New Delhi, Feb 14 (PTI) India's truly wireless stereo (TWS) market grew about 75 per cent to 20.3 million units in 2021 on a year-on-year basis with homegrown brand Boat taking the lead, International Data Corporation's (IDC) India Monthly Wearable Device Tracker said on Monday. The shipment of TWS in the December 2021 quarter grew [...]
New Delhi, Feb 14 (PTI) The government has put in place a detailed disclosure framework for CSR spending by companies, with experts saying the move will help enhance transparency but at the same time, is also likely to increase the compliance burden. Form CSR-2 (Report on Corporate Social Responsibility) has been notified by the corporate [...]
Kolkata, Feb 14 (PTI) The Tea Board of India has said that some of the provisions of Tea Act, enacted by the Union government in 1953, have now become redundant and should be replaced by a new one.In a public notice circulated among stakeholders recently to gather feedback, the board said that the statutory body [...]
