News for 'Economic Laws Practice'

EC tells SC it can't be part of panel on freebies

EC tells SC it can't be part of panel on freebies

Rediff.com11 Aug 2022

The poll panel also referred to the reported strong oral observations of the top court against it during the last hearing on the PIL on the issue, saying they have "caused irreparable damage to the reputation of this institution built over the years".

Modi And The Arrogance Of Not Learning

Modi And The Arrogance Of Not Learning

Rediff.com3 Dec 2021

The Modi government's defeat on farm laws underlines the perils of governing an entire continent-sized, diverse and federal nation like the chief minister of a state, observes Shekhar Gupta.

Taking on Google, FB, Apple: CCI seeks more teeth to tackle Big Tech

Taking on Google, FB, Apple: CCI seeks more teeth to tackle Big Tech

Rediff.com31 May 2022

Ashok Kumar Gupta, chairman of the Competition Commission of India (CCI), has never minced words while talking about the giant technology companies, referring to them on multiple occasions as "centres for entrenched and unchecked dominance". The anti-trust regulator has, in fact, been cracking down on big technology companies such as Google, Apple, Facebook, and others, after they were hauled up by regulators and lawmakers in Europe and Australia. However, in several instances, existing regulations have prevented the CCI from going all out against these companies for anti-competitive activities.

Decades-old provisions of I-T Act will soon be replaced

Decades-old provisions of I-T Act will soon be replaced

Rediff.com23 Nov 2017

A panel will draft direct tax legislation, keeping in mind the system in other countries, international best practices and economic needs of the country

The Woes Of Wayanad Continue

The Woes Of Wayanad Continue

Rediff.com19 Apr 2023

Away from the distraction of its new high-profile politics, Wayanad's worries seemed very down to earth, discovers Shyam G Menon.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

Is algorithm-led personalised pricing in e-com harmful?

Is algorithm-led personalised pricing in e-com harmful?

Rediff.com11 Jul 2021

Some regulators are already unleashing their own algorithms to track and understand pricing software of e-commerce companies. While companies collude on pricing, governments are collaborating on curbing online malpractices. The legal liability of an algorithmic decision will be interpreted as legal liability of an entity of an individual. Anti-trust activities of algorithms will not go unchallenged in any economy.

How Competition Commission of India fights cartels

How Competition Commission of India fights cartels

Rediff.com20 Aug 2018

Looking beyond the lesser penalty regime, in its 10th year of existence, the CCI needs more branches, according to experts

Parliament, assembly are sacred, no place for disorderly conduct, says SC

Parliament, assembly are sacred, no place for disorderly conduct, says SC

Rediff.com28 Jan 2022

Parliament and state legislative assembly are regarded as 'sacred places' and there can be no place for disorderly conduct in the House, where members are expected to show statesmanship and 'not brinkmanship,' the Supreme Court said on Friday.

How I made it! AMAZING career advice for women

How I made it! AMAZING career advice for women

Rediff.com8 Mar 2021

Four enterprising women tell us how they tackled bias and criticism to create a niche for themselves and are now leading their businesses.

Why the law on sedition needs to be scrapped

Why the law on sedition needs to be scrapped

Rediff.com16 Jul 2018

'The best remedy would be to scrap Section 124-A of the IPC, a colonial vestige, altogether.' 'However, if legislators don't want to do so, they can do two things.' 'They can formally amend Section 124-A to bring it in line with what the Supreme Court has said about sedition.' 'The words which stand on the statute book today were inserted in 1898.' 'The Supreme Court's words are not a part of Section 124-A.'

'Work permits for H1-B spouses is a game-changer'

'Work permits for H1-B spouses is a game-changer'

Rediff.com25 Feb 2015

Now, these spouses can be employed in the United States while on an H-4 visa. In many cases, these spouses will now begin working or starting their own companies

Will the entry of PEs into banks lead to better governance?

Will the entry of PEs into banks lead to better governance?

Rediff.com24 Mar 2022

Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.

This Budget Is Harder Than Last Year's

This Budget Is Harder Than Last Year's

Rediff.com28 Jan 2022

The challenges before the coming Budget are more daunting than those in 2021, reveals A K Bhattacharya.

Attempt to stifle independent journalism: Newslaundry, Newsclick on tax 'survey'

Attempt to stifle independent journalism: Newslaundry, Newsclick on tax 'survey'

Rediff.com11 Sep 2021

The tax department surveyed the office of the news portal located at Sarvodaya Enclave in south Delhi on Friday along with that of another digital news platform Newsclick in Saidulajab area (south Delhi) on charges of alleged tax evasion.

Modi Set To Use G20 Presidency For Domestic Use

Modi Set To Use G20 Presidency For Domestic Use

Rediff.com29 Nov 2022

Modi on the global stage always comes across as a statesman, counselling peace and amity to world leaders even as his policies at home hurt certain sections, explains Virendra Kapoor.

Anachronistic Art 370 encouraged terrorism: Jaishankar

Anachronistic Art 370 encouraged terrorism: Jaishankar

Rediff.com24 Sep 2019

Writing in the United Kingdom's 'Financial Times' newspaper on Tuesday, the minister sought to counter criticism over Prime Minister Narendra Modi-led government's announcement over the "anachronistic provision" last month, which he said had resulted in socio-economic injustice due to the inability to apply national laws in Jammu and Kashmir.

Quad unveils new initiative to monitor maritime activity across Indo-Pacific

Quad unveils new initiative to monitor maritime activity across Indo-Pacific

Rediff.com24 May 2022

Four-nation grouping Quad on Tuesday launched a major new initiative for the Indo-Pacific that allows the partner countries to fully monitor the waters on their shores and help ensure peace and stability in the region, a move that comes amid China's increasingly intimidatory behaviour.

Myths About Chinese Ship in Sri Lanka

Myths About Chinese Ship in Sri Lanka

Rediff.com24 Aug 2022

The Yuan Wang 5 can easily monitor the Indian coast while operating in international waters. She does not have to enter a port in Sri Lanka to fulfill this mission, points out Commodore Venugopal Menon (retd).

GST: As legal battles loom

GST: As legal battles loom

Rediff.com18 Sep 2017

Compliance requirements, valuation, input tax credit transfers are likely to lead to tax litigation, says Sayan Ghosal.

Won't renounce use of force to unify Taiwan: Xi at CPC

Won't renounce use of force to unify Taiwan: Xi at CPC

Rediff.com16 Oct 2022

Taiwan considers itself a sovereign state -- but China views the self-ruled island as a breakaway province. Beijing has not ruled out the possible use of force to achieve unification.

'Chinese dragon has the Indian tiger by the tail'

'Chinese dragon has the Indian tiger by the tail'

Rediff.com24 May 2021

'The immediate attempt by China is to get its way and gain territory through small steps without having a full-scale war.'

Threat to human rights is highest in police stations: CJI

Threat to human rights is highest in police stations: CJI

Rediff.com8 Aug 2021

The CJI said that to keep police excesses in check, dissemination of information about the constitutional right to legal aid and availability of free legal aid services is necessary.

10 concerns raised against triple talaq bill

10 concerns raised against triple talaq bill

Rediff.com27 Dec 2018

Women activists urged the government to withdraw the Bill from consideration in the Rajya Sabha, and review the fundamental flaws pending broad-based community consultations.

Why ED is the best bet for Kochars to get out of mess

Why ED is the best bet for Kochars to get out of mess

Rediff.com23 Sep 2020

The agency's poor track record in convictions is the only light at the end of a rather long tunnel for the couple, observes Shyamal Majumdar.

Mr Modi: How will the poor pay for the vaccine?

Mr Modi: How will the poor pay for the vaccine?

Rediff.com8 May 2021

We are today carrying out the reconstruction of New Delhi which will cost us Rs 20,000 crore and give the prime minister a new house while crores of people have no means and no money to buy vaccines for their children, observes Aakar Patel.

'Bangladesh becoming East Pakistan again'

'Bangladesh becoming East Pakistan again'

Rediff.com28 Oct 2021

'Prime Minister Sheikh Hasina is sincere about maintaining religious harmony in the country.' 'But for mysterious reasons, it does not reach the grassroots activists of her party.'

The challenge before Yogi's population control policy

The challenge before Yogi's population control policy

Rediff.com30 Jul 2021

On the ground, rural medical infrastructure and more crucially, women's access to reproductive health services is practically non-existent in Uttar Pradesh, reports Geetanjali Krishna.

Manual scavenging -- a national shame

Manual scavenging -- a national shame

Rediff.com14 Jul 2017

Rediff labs analysed the socio-economic caste census 2011 data on number of manual scavengers in India.

Rahul's 'Hum Do Hamare Do' won't hurt Modi

Rahul's 'Hum Do Hamare Do' won't hurt Modi

Rediff.com16 Feb 2021

It's time Rahul Gandhi became attuned to the reality of the 21st century instead of recycling failed political jargon of the 20th century,' argues Virendra Kapoor.

ASK HR GURU: Is it time for me to quit my job?

ASK HR GURU: Is it time for me to quit my job?

Rediff.com28 Jan 2022

HR Guru Mayank Rautela offers practical advice.

What do Indians Vote For?

What do Indians Vote For?

Rediff.com3 May 2021

'Many Indians are not voting mostly on the basis of issues like the economy and their own well-being as measured by data provided by the government.' 'They seem to be as concerned and perhaps more concerned about other things, especially those that have to do with the harassment of India's minorities,' asserts Aakar Patel.

Trump picks Amy Coney Barrett to replace Ginsberg in US Supreme Court

Trump picks Amy Coney Barrett to replace Ginsberg in US Supreme Court

Rediff.com27 Sep 2020

Biden has urged the Senate not to act on the vacancy until the American people select their next president and the next Congress.

Vikrant: A Giant Leap For Indian Navy

Vikrant: A Giant Leap For Indian Navy

Rediff.com2 Sep 2022

The Indian Navy has a big role to play in support of our strategic objectives in the Indian Ocean. The increasing Chinese presence in the Indian Ocean is a matter of concern and need to be factored. Hence, the requirement of an Aircraft Carrier is a foregone conclusion, asserts Commodore Venugopal Menon (retd).

'I'm a proud daughter of a farmer'

'I'm a proud daughter of a farmer'

Rediff.com19 Jan 2022

There's a lesson to learn from her grit, can-do attitude and tireless pursuit.

I don't approve of conversion for marriage: Rajnath

I don't approve of conversion for marriage: Rajnath

Rediff.com30 Dec 2020

From the standoff with China to the government's response to the farmers' protest, Defence Minister Rajnath Singh holds a freewheeling talk.

'Politics took precedence over justice to women'

'Politics took precedence over justice to women'

Rediff.com22 Feb 2019

'The government know very well how to pass a bill in the Rajya Sabha with consensus.' 'They got consensus from Opposition parties on the 10 percent reservation for economically weaker sections.' 'In instant triple talaq, the BJP wanted to take sole credit.' 'They wanted to take credit and see that other parties suffer (political) loss.' 'Therefore, the bill got stuck.'

What Modi must do in the next 3 years

What Modi must do in the next 3 years

Rediff.com1 Jun 2021

As and when the pandemic recedes from these shores, rebuilding the economy will be the biggest challenge for Modi in the remaining three years of his term, observes Virendra Kapoor.

Indian economy is like a man with aggravated hydrocele

Indian economy is like a man with aggravated hydrocele

Rediff.com19 Sep 2019

'The Indian economy has become like a car that has the appropriate wheels on one side -- political liberalism -- and scooter wheels -- economic illiberalism -- on the other,' points out T C A Srinivasa Raghavan.

US judge blocks Trump's H-1B visa ban

US judge blocks Trump's H-1B visa ban

Rediff.com2 Oct 2020

In a major relief to thousands of Indian IT professionals, a federal judge in the US on Thursday blocked the enforcement of a temporary visa ban by the Trump administration on a large number of work permits, including the most sought after H-1B visas, ruling that the president exceeded his constitutional authority.