IPA Staff
8275 stories by IPA Staff
Supreme Court notice to ED on Soren’s plea against arrest
The Supreme Court on Monday issued notice on a petition filed by former Jharkhand Chief Minister Hemant Soren challenging his arrest by the Enforcement Directorate (ED). A bench hearing the case posted the matter in the week commencing from May 6 stating that, in the meantime, it shall be...
Centre May Allow Companies A Bigger CSR Canvas To Paint On
NEW DELHI: The Centre is weighing a proposal to tweak corporate social responsibility (CSR) norms for widening their scope and coverage besides reviewing the penalty structure to discourage companies from non-compliance, people aware of the development told ET. Deliberations on the matter have started and a final decision will...
Companies Act Tweak, IBC Among MCA’s 100-Day Plan
NEW DELHI: The ministry of corporate affairs (MCA) has chalked out a plan for the first 100 days of the new government to assume office after the elections. Besides a clutch of changes to the Insolvency and Bankruptcy Code (IBC) aimed at expediting the resolutions and expanding the ambit...
WTO Body Asked To Delay Ruling On ICT Import Duties Dispute Till July 26
NEW DELHI: India and Chinese Taipei have asked the WTO’s dispute settlement body not to adopt any ruling against New Delhi’s import duties on certain information and technology products till July 26 as both sides are engaged in resolving the matter, an official said. The issue came up during...
Equity Markets Driven More By Future Monetary Policy Expectations: RBI Paper
MUMBAI: Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis. According to a working paper prepared by RBI officials, the regulatory and development measures which are...
Pension Scheme For Unorganised Sector Logs 5 Million Subscribers In Five Years
NEW DELHI: The government’s flagship pension scheme for the unorganised sector workers—Pradhan Mantri Shram Yogi Maandhan (PMSYM) yojana, meant to create a universal social security system for the vast informal sector, has logged just over five million subscribers since its inception in March 2019, thus raising questions on the...
Banks May Have To Slowdown Loan Growth In FY25: S&P
NEW DELHI: Indian banks’ credit growth, profitability and asset quality would remain robust in current fiscal reflecting strong economic growth, but they may be compelled to slow down their loan growth as deposits are not growing at a similar pace, S&P Global Ratings has said. In the Asia-Pacific 2Q...
FIU Notifies Fresh Money Laundering, Terror Financing Reporting Alerts For Capital Markets
NEW DELHI: A fresh set of ‘alert indicators’ have been issued by India’s financial intelligence unit (FIU) for capital markets, insurance companies, online payment gateway intermediaries and crypto currency service providers for effective checking of suspicious transactions in their channels as part of the anti-money laundering and counter-terrorism financing...
Indian Startup To Develop Electric Air Taxi Prototype By March 2025
NEW DELHI: Chennai-based startup The ePlane Company expects to develop a certifiable prototype of a flying electric taxi by March next year as it works on ways to alleviate urban congestion. Incubated out of the Indian Institute of Technology (IIT), Madras, the company also aims to initially commercialise its...
CII Launches Corporate Governance Charter For Startups
NEW DELHI: Industry body CII on Sunday announced it has launched a charter for startups that enlist voluntary recommendations on corporate governance keeping in view unique nuances to govern startups. The Corporate Governance Charter also prescribes guidelines appropriate for startups based on the specific stages of their life cycle....
