The government was forced to promulgate an ordinance in February to curb malpractices in the sector and regulate microfinance companies, G Parameshwara has said
While Karnataka may not turn into a no-go zone for microfinance lenders, industry executives caution that, in the near-term, there could be some disruptions in operations.
News Highlights:Congress President Mallikarjun Kharge speaking after the Opposition parties' dinner meeting said like-minded parties will collaborate to promote an agenda of social justice, inclusive development, and national welfare.
In its plea, the AAP government has said it is an "unconstitutional exercise of executive fiat” that attempts to "override” the top court and the basic structure of the Constitution.
The Friday meeting of opposition parties has been called by Bihar Chief Minister and Janata Dal (United) leader Nitish Kumar to chalk out a joint strategy to take on the BJP in the 2024 Lok Sabha polls.
Delhi is the "first city to be attacked" and they will bring such ordinances for Rajasthan and other states too, the AAP leader claimed.
The Centre on May 19 had promulgated the ordinance to create an authority for the transfer and posting of Group-A officers in Delhi, which the AAP government had called a deception with the Supreme Court verdict on control of services.
Delhi Chief Minister Arvind Kejriwal is trying to seek the opposition's support for the Delhi government's fight against the Centre. Kejriwal kicked off a whirlwind tour beginning with West Bengal and Maharashtra to elicit support from the Trinamool Congress, NCP, and Shiv Sena-Uddhav Thackeray against the Centre’s ordinance on jurisdiction over bureaucrats in the national capital. But what does the Ordinance mean and can AAP unite the opposition in Rajya Sabha to defeat the bill? Watch to find out.
“Day after tomorrow (Tuesday), I have a meeting with West Bengal Chief Minister Mamata Banerjee in Kolkata at 3 pm. After that, I will meet every party's president to seek their formal support for defeating the bill when it comes in Rajya Sabha,” Delhi Chief Minister Arvind Kejriwal said.
Centre issues ordinance on transfer, posting of Group A officers in Delhi
The Centre on November 14 moved an ordinance, which extends the tenure of Enforcement Directorate director and Central Bureau of Investigation director to five years. Currently, the chiefs of ED and CBI were appointed for a period extending up to two years.
The government had on April 4 amended the insolvency law by bringing in an ordinance that provides for a pre-packaged resolution process for micro, small and medium enterprises
The court to examine the validity of Centre’s decision to amend the code that requires at least 100 or 10% of the homebuyers of a project fixed to begin insolvency against builders.
The ordinance would ensure that contracts are followed, cross-subsidisation of consumers is restricted and utilities make timely payments
Paswan stated this when asked to comment on the delay in Ram Janmabhoomi-Babri Masjid title dispute case hearing due to non availability of a judge.
The Union Cabinet on Saturday approved to promulgate an ordinance to crack down on corporate defaulters who refuse to return to India to avoid investigation by Indian authorities.
In a landmark move, the President of India gave his assent to the Bankruptcy Ordinance. The move has unintended consequences. For bidders with requisite financial muscle, it might be a once-in-a-lifetime opportunity. Here’s a look at who could gain from this exercise.
The GST Council's next meeting in Hyderabad on September 9 will likely decide on the date from a higher cess cap will be imposed on these class of vehicles; the council is now entitled to take a decision, when and by how much it decides to increase the cess
The ordinance, promulgated in May, empowers the Reserve Bank of India (RBI) and banks to initiate bankruptcy proceedings against chronic defaulters
In a setback for JSPL and GVK in the Utkal compensation case, the Delhi High Court disallows plea by power companies challenging compensation for mining. The companies have challenged the provisions of the ordinance with respect to compensation awarded for the mining infra that was already in place.
Decks were cleared tonight for promulgation of an ordinance by the Tamil Nadu government for conducting Jallikattu with the Union Ministries of Environment and Law giving their nod for it.
Tamil Nadu and the Centre today worked feverishly to bring out an ordinance for ensuring Jallikattu soon as a general strike brought the state to a standstill and tens of thousands of protesters on Marina beach and elsewhere refused to relent until the sport is held.
In a bid to check a parallel economy being run on junked currency, the government today made holding, transfer and receiving of the demonetised note a criminal offence, punishable with a minimum fine of Rs 10,000.
The government has prepared an ordinance, whereby a person holding more than 10 notes of demonetised currency after the December 31, may have to pay a penalty of Rs 10,000, or a fine upto Rs 50,000 for false declarations made during the grace period.
The government is speaking in multiple voices on the demonetisation ordinance. While Minister of state (MoS) for Finance Arjun Ram Meghwal says that demonetisation ordinance does have a provision for jail, Law Ministry says otherwise.