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The Supreme Court has stayed the order of the Delhi High Court that allowed bike taxi companies to operate without aggregator licenses until a new policy is formulated.
Reserve Bank of India has made directors of lending banks accountable for settling with wilful defaulters. This is the first time that the RBI has issued norms for settling with such defaulters.
Andhra Pradesh has launched a guaranteed pension scheme in which the employees will get 50% salary as pension
First loss default guarantee is a model of lending between a fintech entity and a regulated body where a third party stands guarantee to compensate default in loan of the regulated body up to a certain degree.
The government has granted permission to 523 shops to remain open 24 hours.
The Indian domestic sector is growing rapidly but a large share of the Indians flying out of the country are choosing overseas carriers. The Indian government wants domestic carriers to gain a bigger share of this market.
Taxpayers can now file their appeals electronically before the Joint Commissioner against decisions made by the income tax officer.
Plagued by the growth in home buyers who cannot get their flats registered because the developer is insolvent, the government is considering whether to allow registration of flats/homes even if the developer has filed for bankruptcy
The Delhi High Court has given the central government six weeks to consult with the stakeholders regarding the proposed regulations for e-pharmacies
Approximately 487 million WhatsApp users' data was hacked worldwide, out of which 6.16 million were phone numbers of Indians