-Financial Express Big e-commerce companies having deep pockets are leaving no stone unturned in monopolizing the e-commerce business and retail trade of India with their malpractices and violating FDI policy, traders’ body Confederation of All India Traders (CAIT) said in a letter to Prime Minister Narendra Modi on Sunday. CAIT, which has been campaigning against Amazon and Flipkart for years now alleging unethical business practices by them, said that the absence...
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Raghuram Rajan says proposal to allow business houses into banking is a 'bad idea' -J Jagannath
-Livemint.com The former RBI governor, and Viral Acharya, a former RBI deputy governor questioned timing of the RBI panel's proposal at a time when 'India is still trying to learn the lessons from failures like IL&FS & Yes Bank' New Delhi: Raghuram Rajan and Viral Acharya on Monday criticised RBI Internal Working Group's recommendation to allow Indian corporate houses to set up banks as part of proposed changes to the banking sector. Raghuram...
More »Labour ministry seeks stakeholders’ comments on draft rules under OSH Code
-The Hindu/ PTI The labour ministry has sought feedback of stakeholders on the draft rules under the Occupational Safety, Health and Working Conditions (OSH) Code, 2020. The feedback can be provided within 45 days starting Thursday (November 19). Thereafter, the ministry would finalise the rules to implement the OSH Code. “The Ministry of Labour and Employment has notified the draft rules under the Occupational Safety, Health and Working Conditions Code, 2020, on November...
More »Did not ignore plight of borrowers, Centre tells Supreme Court -Krishnadas Rajagopal
-The Hindu Financial packages in place as early as March, court told The Centre took strong objection to averments made in the Supreme Court on Thursday that it would not have budged to protect borrowers from financial ruin triggered by the COVID-19 lockdown, had the court not intervened on time. Appearing before a Bench led by Justice Ashok Bhushan, Solicitor General Tushar Mehta said submissions like that were painted in “political colour”. Mr. Mehta...
More »Farmers developing own soya, onion seeds worry companies -Radheshyam Jadhav
-The Hindu Business Line Early germination failure of soyabean seeds this July saw farmers join hands against seed companies; farmer organisations and political parties now seem to have thrown in their hats Pune: An increasing number of soybean and onion farmers deciding to develop seed plots, so that they don’t have to buy seeds from private seed companies, has the seed industry worried. Maharashtra agriculture department is encouraging farmers to develop their own...
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