Seven-times Formula One world champion Lewis Hamilton will race in Sunday's inaugural Miami Grand Prix after Formula One swerved a showdown with the Mercedes driver over their ban on piercings and jewellery.
Currently, there is no regulation or any ban on the use of cryptocurrencies in the country.
Climate activist Soman Wangchuk announced on Sunday that he will launch a 28-day fast on Independence Day if the government does not invite Ladakh authorities for talks on demands for statehood and constitutional protection for the union territory.
In the first of a four-part series, Business Standard takes a look at how a mint in Salboni, West Bengal, is working overtime to print currency notes.
Traders' body CAIT on Thursday urged the government to impose a ban on Amazon's e-commerce portal and its operations in India, accusing the global e-tailing giant of indulging in predatory pricing, deep discounting and inventory control. Addressing a press conference, CAIT secretary-general Praveen Khandelwal demanded an "immediate ban on Amazon's portal and its operations in India" and an investigation against the company in a time-bound manner. He also urged the government to probe the business practices of Amazon and Flipkart. However, responding to the allegations, both Amazon and Flipkart said they remain compliant with Indian laws.
Last month, the Security Council Committee enacted amendments to certain entries in its ISIL (Da'esh) and Al-Qaida Sanctions List of individuals and entities subject to the assets freeze, travel ban, and arms embargo.
A special bench headed by Chief Justice N V Ramana, in an interim order uploaded Wednesday night, also directed the Commission for Air Quality Management in the NCR and Adjoining Areas to 'commission a scientific study of air quality based on available data of previous years bearing upon recorded levels of air pollution'.
"Cash is still quite high in the system. There is also stocking of Rs 2,000 notes in evidence. The expansion of digital payments is taking place all over the world. It is happening in India as well. The pace is much slower," S C Garg, who took VRS from government service after he was abruptly shifted out of the finance ministry, said in a note.
Rice exporters have requested the Centre for a flat export duty of $80 per tonne for parboiled rice instead of the current 20 per cent duty to smoothen trade, a top official of the rice exporters' umbrella body said on Sunday. The Indian Rice Exporters Federation (IREF) has also requested the government to reconsider its export ban on white rice which was imposed in July and reduction in the minimum export price for basmati rice to $850 per tonne to prevent negative impacts on both export volumes and farmers. On Friday, the government had extended the 20 per cent duty on parboiled rice exports until March 24.
The apex court said that the government should file an affidavit by April 11 explaining the reason why the window was not created for the people having difficulty and the chance was only given to NRIs and the citizens who travelled abroad.
'Demonetisation may have been well-intentioned, but it was a major mistake. The government should reverse it. It could at least declare that Rs 500 notes, which many poorer people frequently use, are legal again,' Basu, who till recently was World Bank vice-president, wrote in an opinion piece in The New York Times.
