In an exclusive interview with The Indian Express, Prasad for the first time talks about the need to introduce the new guidelines, the case for regulation of big tech companies and what would happen if social media intermediaries do not follow the government laid norms in future.
According to data available from the National Securities Depository Ltd (NSDL), overseas investors pulled out a net Rs 881 crore from equities and Rs 4,275 crore from the debt segment between March 1 and 5, taking the total net withdrawals to Rs 5,156 crore.
Domestic companies made investments of $2.66 billion in their overseas subsidiaries and joint-ventures in the year-ago month, February 2020.
Oil marketing firms set to procure record amount to blend with petrol
The summons have been sent under Section 70 of CGST Act, which provides powers to tax officers to summon persons to give evidence and produce documents.
Shipments of the staple food grain between April 2020 and January 2021 more than doubled over the same period in the previous financial year, showed provisional government data.
Speaking at a webinar organised by the Centre for Policy Research, NK Singh said the 15th Finance Commission had an option of continuing the trajectory of enhancing devolution to a somewhat higher figure.
To put it simply, companies will have to curate a blended model — embedding content to drive consumer engagement, allowing easy discoverability of products and supporting a network of influencers and community participation.
The government would take a decision on the recommendations of the IMC and the legislative proposal, if any, would be introduced in Parliament following the due process, Anurag Thakur said.
There was a proposal before the government to increase the band from the current level in the wake of the sluggish growth induced by the Covid pandemic
Addressing industry leaders from the beneficiary-sectors through a webinar, the Prime Minister promised to reduce the burden of India Inc drastically by doing away with as many as 6,000 compliance requirements.
The National Statistical Office, in its second advance estimate last week, projected an 8 per cent contraction for FY21, as against 7.7 per cent assumed earlier.
The US yield curve, a measure of economic expectations, steepened on rising yields, with the gap between two- and 10-year yields widening by another 6.3 basis points overnight, analysts said.
PM Modi said the Union Budget and country’s policymaking should not be restricted to a government process and every stakeholder associated with development of the country should have an effective engagement in it.
The Employees’ Provident Fund Organisation (EPFO) has more than five crore active subscribers.
A CBT member said discussions on the investment portfolio of the retirement fund body took place and keeping the returns in consideration, the Board made the recommendation for 8.5 per cent interest rate.
Exports had crashed between March and May 2020, as the government was forced to impose a stringent lockdown to battle the pandemic.
There were 6.97 lakh cyber security incidents reported in the first eight months of 2020, nearly equivalent to the previous four years combined, according to information reported to and tracked by Indian Computer Emergency Response Team.
Mukesh Ambani-owned Reliance Jio Infocomm emerged as the highest bidder in the 4G auctions concluded on Tuesday, having bid for 488.35 MHz of the total 855.60 MHz spectrum that was sold over the two days.
“Owing to the stressed assets in large industries, there was a general reluctance on the part of bankers to lend to these industries, with the problem getting compounded by the pandemic,” the RBI said.
"we are coming in the way of $6-7 trillion of global GDP output in 1 year,” Indian Ambassador and Permanent Representative to the WTO, Brajendra Navnit, said at the Asia Economic Dialogue.
The Minister said, “It is another matter that I don’t think I will be able to do it, but I’m actively pursuing Airbus to try and get them to come to India to start manufacturing aeroplanes in India”.
“NSE has multiple telecom links with two service providers to ensure redundancy and we received communication of instability of the links from both the service providers,” it said.
Pradeep Singh Kharola mentioned various players being interested in participating in aircraft leasing activities at the Gujarat-based GIFT City.
Finance Minister Nirmala Sitharaman chaired a meeting with Niti Aayog and 12 infrastructure ministries to discuss post-Budget action points for infrastructure roadmap,