-Livemint.com * The retail prices of onions spiked to Rs.70- Rs.80 earlier this week * Floods in key onion-producing states of Maharashtra, Uttar Pradesh, Bihar and others have hurt supplies New Delhi: The government has banned export of onions with immediate effect to check spiraling prices which touched Rs.70- Rs.80 per kg in the open market. The ban covers all varieties of onions. The Directorate General of Foreign Trade under the Ministry of Commerce...
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UP worst hit as rain claims 48 lives in 4 states
-PTI As many as 35 fresh rain-related deaths were reported from Uttar Pradesh alone NEW Delhi /PATNA /LUCKNOW: As many as 48 people died in rain-related incidents, majority of them in Uttar Pradesh, while incessant rainfall in Bihar, where an alert has been sounded, left the streets of state capital Patna and other areas waterlogged and residences of at least two ministers marooned. As many as 35 people lost their lives in Uttar...
More »An unequal burden -Harish Damodaran
-The Indian Express Farmers are paying about Rs 15,000 crore GST annually, on which they cannot claim input tax credit. Agriculture is a unique business that not only has high production as well as price risk, but also one where everything is bought retail and sold wholesale. This reality, moreover, extends even to Goods and Services Tax (GST): Farmers are the only businessmen today who cannot claim input tax credit (ITC) on...
More »SEBI relaxes FPI norms
-PTI New Delhi: Easing the regulatory framework for foreign portfolio investors, SEBI has simplified KYC requirements for them and permitted them to carry out off-market transfer of securities. Besides, the regulator has broad-based the classification for foreign portfolio investors (FPIs) and simplified their registration process. The notification comes after the board of SEBI in August approved a proposal to simplify the regulatory norms for FPIs. The new regulations have been redrafted based on...
More »SC wants rules for social media, gives govt 3 weeks to file affidavit -Amit Anand Choudhary
-The Times of India NEW Delhi: The Supreme Court on Tuesday waded into uncharted territory, asking the Centre to frame guidelines to regulate social media and put in place a mechanism to track origin of fake news, rumours and objectionable material like pornography on social media platforms, including Facebook, WhatsApp, Twitter and YouTube. Pointing to social media being rampantly misused for fake news and rumours leading to mob violence and law &...
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