In many states, aggregators operate without a licence; in others, with the risk of the licence being revoked by any regional transport office on the slightest pretext.
The shop owner Munni Lal Ahirwar has alleged in his complaint that the villagers looted food grains as they did not have cash to purchase it, police, however claimed that no such incident took place and it was only a minor scuffle.
Ties between India and the United States have been strained in recent years because of trade policies and patent disputes.
The Planning Commission on Saturday approved the draft integrated energy policy, which seeks to implement market-based pricing and bring about better coordination among ministries.
As the tussle for control of the Nationalist Congress Party hotted up after its vertical split, Sharad Pawar on Thursday declared he was the president of the party and hit back at nephew and Deputy Chief Minister Ajit Pawar's retirement jibe, saying he will work more effectively "whether 82 or 92."
The British telecom major on Tuesday moved the dispute resolution panel, seeking relief from an order sent by the I-T department in December.
Besides Vodafone, several other major MNCs like Nokia and Shell were locked in tax dispute with the revenue department.
What drives Pakistani men to join its military, despite the toll it takes on them?
The government will now examine the report and decide on how and to what extend should ONGC be compensated for its gas being produced by RIL.
New-age tech tools and 'mystery shoppers' are helping the country's top bourse stay ahead of the curve against dabba trading platforms and entities dolling out unsolicited investment tips. In the past one month, the National Stock Exchange (NSE) has issued close to two dozen warnings and advisories against such activities. "We saw a rise of dabba trading or illegal trading platforms after the pandemic.
In May, Taro had unilaterally terminated $-454 million merger agreement signed between Taro and Sun Pharma in 2007, citing undervaluations of its shares. Thereafter, both companies had filed suits against each other in Israel and New York.
'It has been doing yeoman service for the people of the North East.'
Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave. Why are companies finding it difficult to sustain the supply-chain business? Experts point out that gross margins in supplying fast-moving consumer goods (FMCGs) are very low.
Majority of respondents feel that the government in the forthcoming Budget will increase the standard deduction and give more incentives for housing loans.
The Cabinet Committee on Economic Affairs had first on June 27, 2013, and then on December 19, 2013, decided to price all domestically produced natural gas, including unconventional fuels such as coal-bed methane and shale gas, at an average of international hub rates and the cost of importing liquefied natural gas.
The Union Cabinet in June decided to price all domestically produced natural gas at an average of the price prevailing at international gas trading hubs and the actual cost of importing liquid gas.
An RIL spokesperson said that the company has filed its reply to the government's petition on the gas dispute.
Global rating agency Standard & Poor's said the government's decision to increase domestic gas prices is likely to benefit two major gas producers Oil and Natural Gas Corp (ONGC) and Reliance Industries Ltd (RIL).
Gold rose further on the bullion market in Mumbai due to increased buying by stockists after rise in the overseas prices. Silver also ended better in line with gold.
Finance Minister Nirmala Sitharaman on Friday flagged concerns about possible cartelisation in markets and stressed on the need to look into the causes of short supply of commodities. Speaking at the 13th annual day function of the Competition Commission of India (CCI), the minister also said that the regulator needs to have a "proactive understanding" of mergers and acquisitions. "Cartelisation is going to be a challenge...," the minister said.
More properties are expected to go under the hammer in the coming days.
At the reserve price, these auctions will take the total fund raising to at least Rs 3,100 crore (Rs 31 billion).
Banks seems to be upset over RBI's move over rate cut.
India's climate change goals are turning combustible. On the one hand, a protracted dispute between the government and manufacturers over subsidies threatens to slow the pace of electric vehicle (EV) sales. On the other hand, repeated assertions by different arms of the government over banning sales of new fossil fuel-fired vehicles have queered the pitch for energy investments. Before we address the issue of the recommended diesel vehicle ban in the recent report on energy transition, issued months before the next round of global climate talks begin in Dubai in November, let's look at what's at stake.
While a new formula for pricing of all domestically produced natural gas was notified on January 10 and published in Gazettee on January 17, the Election Commission last month asked the government to defer its implementation till general elections are completed.
U.S. economic growth braked more sharply than expected in the first quarter.
Following a go-ahead from the Court, the two entities have put in place a mechanism to auction these properties.
The order in favour of Vodafone is being considered significant because some domestic companies too are involved in similar transfer pricing cases.
The dispute over the tax payable for its purchase in 2007 of the 67 per cent stake in Hutch is on an amount of Rs 11,200 crore (Rs 112 billion).
Vodafone pleaded in High Court that IT department had no jurisdiction in the transfer pricing case because the said transaction was not international and did not attract tax.
The government on Thursday decided to join the arbitration initiated by Reliance Industries and its partners over delay in revision of natural gas prices, and named former Supreme Court judge G S Singhvi as its arbitrator.
Amid rising consumer complaints, the Central Consumer Protection Authority (CCPA) on Monday barred hotels and restaurants from levying service charge automatically or by default in food bills and allowed customers to file complaints in case of violation. The CCPA has issued guidelines for preventing unfair trade practices and violation of consumer rights with regard to levying of service charge. "No hotels or restaurants shall add service charge automatically or by default in the bill," CCPA chief commissioner said in the guideline.
The Congress and JD-S have made much of Amit Shah's remarks about milk co-operatives. 'If the Opposition harps on the statement, it could add to the narrative that Gujarat was trying to take over Karnataka.'
Delhi High Court quashes reassessment proceedings by Income Tax department.
Addressing party MPs at the general body meeting of the Congress Parliamentary Party in the central hall of Parliament, she said when facing a significant national challenge, it has been the tradition in our country to bring Parliament into confidence.
Keen to settle the India-Pakistan dispute 'once and for all,' HD Deve Gowda spoke to his then counterpart Nawaz Sharif over the phone and the two hit it off quite well but his government fell before they could meet, says a recent biography of the former Indian prime minister.
...with extravagant claims in both the eastern and western sectors, observes Ambassador Talmiz Ahmad, as India is fixated on asserting its border claims based on the McMahon Line.
The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.
The minister said Industrial Disputes Act provides for constituting different authorities to ensure harmonious industrial relations and prevent strikes and lockouts.
Aayog feels expansion of the lowest base will enable more people to pay taxes.