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  • Experts, industry bodies welcome pre-packed insolvency resolution process for MSMEs Apr 06, 2021 02:36 PM IST

    Experts, industry bodies welcome pre-packed insolvency resolution process for MSMEs

    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

  • IBC amendment: SC agrees to hear homebuyers’ plea against ordinance Jan 13, 2020 01:14 PM IST

    IBC amendment: SC agrees to hear homebuyers’ plea against ordinance

    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.

  • New ordinance likely by December-end to address power sector woes: Report Dec 12, 2019 12:53 PM IST

    New ordinance likely by December-end to address power sector woes: Report

    The ordinance would ensure that contracts are followed, cross-subsidisation of consumers is restricted and utilities make timely payments

  • No question of bringing in ordinance on Ram temple, says Ram Vilas Paswan Jan 28, 2019 07:32 PM IST

    No question of bringing in ordinance on Ram temple, says Ram Vilas Paswan

    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.

  • Swindlers like Nirav Modi beware: Cabinet approves promulgation of Fugitive Economic Offenders Ordinance Apr 21, 2018 02:56 PM IST

    Swindlers like Nirav Modi beware: Cabinet approves promulgation of Fugitive Economic Offenders Ordinance

    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.

  • Follow the moneyed: Identifying winners from the Bankruptcy Ordinance Nov 24, 2017 02:52 PM IST

    Follow the moneyed: Identifying winners from the Bankruptcy Ordinance

    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.

  • Cabinet approves Ordinance to hike cess cap on luxury cars, SUVs from 15% to 25% Aug 30, 2017 02:27 PM IST

    Cabinet approves Ordinance to hike cess cap on luxury cars, SUVs from 15% to 25%

    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

  • Bill to ratify bad loan ordinance on govt’s priority list in Parliament’s monsoon session Jul 10, 2017 05:30 PM IST

    Bill to ratify bad loan ordinance on govt’s priority list in Parliament’s monsoon session

    The ordinance, promulgated in May, empowers the Reserve Bank of India (RBI) and banks to initiate bankruptcy proceedings against chronic defaulters

  • Delhi HC disallows power cos' plea for greater compensation Mar 09, 2017 03:53 PM IST

    Delhi HC disallows power cos' plea for greater compensation

    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.

  • Jallikattu ordinance imminent as Law, Environment give nod Jan 20, 2017 08:34 PM IST

    Jallikattu ordinance imminent as Law, Environment give nod

    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.

  • Jallikattu: Ordinance in the works, Shutdown in Tamil Nadu Jan 20, 2017 06:26 PM IST

    Jallikattu: Ordinance in the works, Shutdown in Tamil Nadu

    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.

  • Ordinance criminalising holding junked notes gets Prez assent Dec 30, 2016 09:50 PM IST

    Ordinance criminalising holding junked notes gets Prez assent

    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.

  • Demonetisation: Sources say NRIs, people abroad get grace period to deposit cash Dec 29, 2016 08:41 PM IST

    Demonetisation: Sources say NRIs, people abroad get grace period to deposit cash

    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.

  • No jail term for exchanging old notes: Law Ministry sources Dec 29, 2016 05:47 PM IST

    No jail term for exchanging old notes: Law Ministry sources

    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.

  • 4-year Jail, Rs 5000 penalty if you use old notes after March 31 Dec 28, 2016 12:34 PM IST

    4-year Jail, Rs 5000 penalty if you use old notes after March 31

    Centre on Wednesday approved an ordinance that imposes penalties for possessing old notes beyond a certain limit and indulging in transactions with junked notes of Rs 500 and Rs 1000.

  • Deposit timeline to change? Srcs say note ban ordinance tomorrow Dec 27, 2016 06:08 PM IST

    Deposit timeline to change? Srcs say note ban ordinance tomorrow

    Government sources tell CNBC-TV18 that the ordinance will mention until when the old notes can be used as legal tender and is speculated to change the deposit timeline from the earlier December 30 deadline.

  • Ordinance planned to impose penalty for holding junked notes Dec 26, 2016 09:34 PM IST

    Ordinance planned to impose penalty for holding junked notes

    The government is understood to be mulling an ordinance to impose penalties on anyone possessing the junked Rs 500 and Rs 1000 notes beyond December 30 when the deadline to deposit them in banks expires.

  • Ordinance on NEET is 21st issued by NDA govt May 24, 2016 05:28 PM IST

    Ordinance on NEET is 21st issued by NDA govt

    The ordinance to keep state education boards out of the common medical entrance test for this year is the 21st promulgated by the Narendra Modi government, with the most controversial being the one to amend the land acquisition law

  • Govt recommends proroguing of Budget session of Parliament Mar 29, 2016 09:48 PM IST

    Govt recommends proroguing of Budget session of Parliament

    In a rare development, the Budget session of Parliament was tonight prorogued to enable the government to issue an Ordinance for authorising expenditure beyond April one in the centrally-ruled Uttarakhand in view of the political crisis in the state.

  • Land ordinance a cop-out on govt's part: Jairam Ramesh May 05, 2015 09:57 PM IST

    Land ordinance a cop-out on govt's part: Jairam Ramesh

    Jairam Ramesh, leader, Congress and former environment minister says the country needed an entirely new land act and not just an amendment to the 1984 Act.

  • DIPP notifies 49 pc FDI in pension sector Apr 27, 2015 05:41 PM IST

    DIPP notifies 49 pc FDI in pension sector

    The FDI cap in the sector has been hiked to 49 percent and that includes foreign investment in the forms of FPI, FII, QFI, FVCI, NRI and DR. No government approval is required till 26 percent.

  • Govt to allot coal mines to PSUs on Tuesday Mar 24, 2015 12:32 PM IST

    Govt to allot coal mines to PSUs on Tuesday

    The Coal Ministry had earlier received 107 applications from public sector undertakings (PSUs) like NTPC Ltd, Steel Authority of India Ltd (SAIL), Damodar Valley Corp (DVC) and Neyveli Lignite Corp (NLC) for allocation of 43 coal blocks.

  • Govt's reform push stalling; why it spells bad news for mkt Mar 11, 2015 05:33 PM IST

    Govt's reform push stalling; why it spells bad news for mkt

    The government is increasingly appear to be weak in its ability to push through crucial reforms. That may spell bad news for the "Modi rally".

  • Govt blinks, to water down provisions in Land Act amendment Mar 10, 2015 11:31 AM IST

    Govt blinks, to water down provisions in Land Act amendment

    Sources have told CNN IBN that the government has decided to remove social infrastructure projects under the public-private partnership (PPP) mode from the list of exempted sectors.

  • India's staggering recovery: Here's what can go wrong Mar 07, 2015 02:45 PM IST

    India's staggering recovery: Here's what can go wrong

    While the stars may seem aligned, the economy is not fully in the clear yet, analysts warn.

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