Cyclone Amphan adds a new twist to the West Bengal elections

Cyclone Amphan adds a new twist to the West Bengal elections

Cyclone Amphan has added a new challenge for Mamata Banerjee’s quest to return to power in 2021 In 2009, a year after Tata Motors left Singur, super cyclone ‘Aila’ destroyed vast areas of South and North 24-Parganas, East Midnapore and Howrah districts in West Bengal. After the disaster, anti-Left sentiment peaked in these districts over […]

Oil collapses to $0.01/barrel in New York: US Oil Benchmark

Oil collapses to $0.01/barrel in New York: US Oil Benchmark

The soon-to-expire May contract for the U.S. oil benchmark was on track Monday to finish in single digits for the lowest close and biggest one-day plunge on record for a front-month contract, reflecting a growing glut of crude and a lack of storage space. Oil futures collapsed to below zero for the first time ever […]

India may not have the luxury of being selective about FDI

India may not have the luxury of being selective about FDI

Going forward, as India tries to limp back to normalcy after the Covid crisis, it is quite evident that it will have to rely heavily on FDI flows to re-fire its investment engine Responding to the concerns that Chinese entities could mount takeovers of Indian companies during the Covid-triggered market rout, the Centre has taken […]

Government to take action against e-commerce firms flouting FDI policy

Government to take action against e-commerce firms flouting FDI policy

Traders’ body Confederation of All India Traders (CAIT) urged the government to take action against e-commerce companies flouting Foreign Direct Investment (FDI) norms and indulging in unfair practices. Terming such firms “global economic terrorists” and “economic intruders, tax offenders and policy and law violators”, CAIT, in a letter sent to Commerce Minister Piyush Goyal, demanded […]

India quit RCEP in national interest: Goyal

India quit RCEP in national interest: Goyal

Commerce Minister tells BJP parliamentary party that the move was aimed at protecting domestic industry India did not succumb to international pressure for joining the Regional Comprehensive Economic Partnership (RCEP) to save the interests of domestic industry, Commerce and Industry Minister Piyush Goyal told BJP MPs on Tuesday. In the first meeting of the BJP’s […]

Nearly 70,000 BSNL employees opted for VRS so far: Chairman

Nearly 70,000 BSNL employees opted for VRS so far: Chairman

The scheme that was rolled out last week will remain open till December 3 As many as 70,000 employees of BSNL have already opted for the VRS scheme which was launched last week, Chairman and MD of the state-owned telecom corporation, P K Purwar, said on Monday. In all, nearly one lakh BSNL employees are […]

Bringing CJI under RTI, a welcome move

Bringing CJI under RTI, a welcome move

Political parties will now be hard put to keep themselves out of the ambit of this law After a decade, the Supreme Court has accepted the Delhi High Court ruling that the office of the Chief Justice of India is a ‘public authority’, and hence would be subject to the same rules of transparency and […]

No relief on AGR, Airtel, Vodafone Idea asked to pay dues after self-assessment

No relief on AGR, Airtel, Vodafone Idea asked to pay dues after self-assessment

DoT sends out a notice seeking compliance with Supreme Court order A day after Vodafone Plc’s Chief Executive Officer cast doubt over the future of its India operations due to massive financial stress, the Department of Telecom has issued notices to all operators asking them to pay up their licence fee dues as per the […]

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