The Supreme Court has upheld the order passed by Customs, Excise, and Service Tax Appellate Tribunal and set aside the orders passed by the High Courts of Delhi and Madras in a case pertaining to appeal on excise duty refunds by ITC Limited. In a judgement passed on September 18, a bench headed by Justice […]
Erstwhile McDonald’s India partner Vikram Bakshi has been barred by the National Company Law Appellate Tribunal from leaving the country. Bakshi is facing the heat on multiple fronts as a Tis Hazari court has summoned him on October 11 for fraud and conspiracy in a complaint filed by Montreaux Resorts. A division Bench of NCLAT […]
In a major breakthrough, Indian intelligence agencies have busted a “call centre” being run by the Inter-Services Intelligence (ISI) of Pakistan in Jhelum city, 116 km from Islamabad. The call centre, a major counter-intelligence hub of ISI, aimed at targeting the Indian Army and government officials in honey-traps, was being operated with the help of […]
Principal Economic Adviser Sanjeev Sanyal on Tuesday indirectly pitched for further rate cuts from RBI to support the growth where he said there is far more space on the monetary side than the fiscal front for lifting economic growth. Noting the gloomy start to the current fiscal with a dismal 5 per cent growth in […]
Researchers from IIT Kharagpur have developed a unique approach of generating electricity from clothes drying in natural ambience, which is otherwise a part and parcel of daily life, according to the premier institute. The researchers have utilised tiny channels, so-called nanochannels, in the cellulose-based fabric network traditionally woven, to generate electrical power through guided movement […]
The rise in India’s August wholesale price inflation (WPI) rate remained flat sequentially, but eased on a year-on-year basis, official data showed on Monday. Accordingly, the rise in August’s WPI remained unchanged at 1.08 per cent on a sequential basis. However, it eased on a YoY basis. In August 2018, the WPI had risen to […]
An Indian-American doctor couple has teamed up with a Florida University to bring world class medical education to India and potentially transform healthcare in the country with an initial investment of $200 million. As part of their grand design, Zambia-born India-educated cardiologist Kiran Patel and his India-born paediatrician wife Pallavi Patel have already acquired 50 […]
The Centre on Monday brought on record before the Supreme Court the complete data on terrorism, which includes lives lost by civilians and security personnels, in Jammu and Kashmir, since the onset of terrorist activities in the region in 1990. Solicitor General Tushar Mehta submitted before a bench headed by Chief Justice Ranjan Gogoi that […]
In the last three years, pollution in Delhi decreased by 25 per cent. This is what Delhi Chief Minister Arvind Kejriwal said on September 6 but just seven days later, he announced ‘Odd-Even’ scheme for private vehicles from November 4 to 15 to reduce pollution. Significantly, the reduction in pollution was reported by Kejriwal for […]
Unveiling of the new Motor Vehicle Act, which prescribes steep hike in the fine for traffic violations, has triggered a big controversy and an increasing number of states have decided not to implement it, arguing that it puts disproportionate burden on the people. The Motor Vehicles (Amendment) Act, 2019 was passed by Parliament during the […]