On May 9, 2018, Sebi amended the ‘Listing Obligations and Disclosure Requirement’ regulations stating that the Chairperson of the board shall be a non-executive director and not related to the MD/ CEO.
“Some special dispensation for the Union Territory of Jammu & Kashmir is likely. This will be in the letter and spirit of the August 5 decision taken by the government,” said a government source who did not wish to be named.
“There is a permanence to the change in the status of the state and the people post August 5. Silence, humiliation, resentment, anger and protest in the nature of self-imposed curfews has been the reaction so far. It hasn’t manifested in violence. So far,” said an official.
The structural issues that need to be addressed are land and labour reforms, and what Rathin Roy, member of Prime Minister’s Economic Advisor Council explained lucidly - products and services affordable to middle and lower income people.
In an interview, Lt Gen K J S Dhillon says that there has been no cross-Line of Control infiltration as is being rumoured in Gulmarg. “I sleep well in the night,” he says, when asked what worries him when he goes to bed.
Sitharaman clubbed the 33 measures into five buckets: taxation, banks/ NBFCs/ SMEs, financial markets, infrastructure, and the automotive sector, which has visibly been one of the worst hit leading to many direct and indirect job losses.
Days after the passage of the Finance Bill and the transfer — and resignation — of her key adviser, Union Finance Minister Nirmala Sitharaman sat down for an interview at her North Block office on July 27 to National Business Editor Anil Sasi and Executive Editor (National Affairs) P Vaidyanathan Iyer.
Speaking on a broad range of issues including falling demand in rural India as reflected in tractor and commercial vehicle sales and little to no signs of revival in private investment, the Finance Minister said she was keeping a close watch on what is happening.
The Double Taxation Avoidance Agreement (DTAA) was signed between India and Mauritius in 1982. Under this, any entity could apply for tax residency and pay zero capital gains tax. This became the principal reason why Mauritius emerged as a top channel for investments being routed into India.
The inter-ministerial committee has discussed hiving off the pipeline and tower businesses of GAIL and BSNL, for second wave of asset monetisation respectively, and leasing them out to private players.
Lok Sabha elections 2019 results: How does the BJP triumph compare with the one in 2014, which it has bettered? Where does it leave the Congress and the Left, and what is its significance for the voter?
Even as Pakistan continues its brinkmanship with India, its sliding economy has required the International Monetary Fund to bail it out for the 13th time in 3 decades. How dire is its financial state, how did it get here?