CATEGORIES

FinMin tells DRTs to settle small cases outside tribunals

To address the backlog of cases, the finance ministry has advised debt recovery tribunals (DRTs) and banks to engage borrowers outside the tribunal process, according to a senior finance ministry official who spoke to Business Standard.

Submit verified info to back claims against Buch: Lokpal tells LS MP

PRESS TRUST OF INDIA New Delhi, 22 September

Lateral entry on hold but PSU posts still within private reach

Lateral entry into government has been held over, but the Public Enterprise Selection Board (PESB) continues to provide a platform for people in the private sector to get senior posts in central public-sector enterprises (CPSEs).

EY staffer death: FM calls for stress mgmt lessons

PRESS TRUST OF INDIA Chennai, 22 September

Govt to merge EPFO, e-Shram databases

The Union labour ministry is set to integrate the databases of the e-Shram portal and the Employees Provident Fund Organisation (EPFO) to map and measure the formalisation trends of the workforce in the country, said a senior government official.

Quad here to stay: PM at US summit

QUAD A FORCE FOR GOOD, MORE STRATEGICALLY ALIGNED THAN EVER, SAYS JOINT STATEMENT

MP bags ₹19K cr funding proposals at Kolkata event

Chief Minister Mohan Yadav said the Madhya Pradesh government had secured investment proposals worth ₹19,270 crore across sectors like food processing, chemicals, steel, and renewable energy at roadshow held in Kolkata. This is expected to generate 9,450 jobs, paving the way for industrial expansion in the state.

Enabling IGCRS rules for EOUS electronically to cut transaction costs

Export-oriented units (EOUS) can now use the facility of electronically filing their bond, giving intimation of goods to be imported, intimating any shortage in receipt of imported goods, filing the monthly returns, and taking credit in the running bond account under the Customs (Import of Goods at Concessional Rate of Duty or for Specific End Use) Rules, 2022 (IGCRS Rules).

Hoping to stay logged in

Startups in the Valley have frequently faced internet shutdowns. They hope the new J&K govt will foster stronger ecosystem for scaling businesses, reports SARTHAK CHOUDHURY

Long road ahead for Majhi govt in Odisha

Rollout of flagship Subhadra scheme and other pre-poll promises marks the 100 days in office for BJP's first government in Odisha, but issues of women safety and protests by tribals cloud the celebrations, writes RAMANI RANJAN MOHAPATRA

DBT for women: Key task for Atishi

With less than five month left for the Delhi Assembly polls, rolling out the monthly direct benefit transfer for the city's women would be a key task for Atishi, who took oath as Delhi's chief minister on Saturday.

Marxist Dissanayake elected Lanka Prez

VICTORY AFTER 2ND VOTE COUNT, FIRST IN NATION'S HISTORY | WICKREMESINGHE ELIMINATED IN 1ST ROUND

UNGA: World leaders discuss 'path for future' but outlook seems gloomy

Facing a swirl of conflicts and crises across a fragmented world, leaders attending this week's annual gathering at United Nations General Assembly (UNGA) are being challenged: Work together - not only on front-burner issues but on modernising the international institutions born after World War II so they can tackle the threats and problems of the future.

Exploding pagers deliver a supply chain warning

The lethal detonation of hand-held pagers and walkie-talkies used by Hezbollah militants this week in Lebanon demonstrated powerful spycraft, but it also raised questions about a gaping vulnerability in the global supply chain.

Swiss regulator probes Credit Suisse takeover

Swiss financial market regulator Financial Market Infrastructure Ordinance (FINMA) ordered an audit into Credit Suisse's handling of events leading to its demise in 2023, when the bank was acquired by its longtime rival UBS, Swiss newspaper SonntagsZeitung reported on Sunday.

US set to propose ban on Chinese car software, hardware

The ban would be on the import and sale of vehicles from China with key communications or automated driving system software or hardware ■ Biden administration was concerned about: a) The collection of data by Chinese companies on US drivers and infrastructure b) Potential foreign manipulation of vehicles connected to the internet and navigation systems

BIDEN SETS UP NEW OFFICE ON GUN VIOLENCE PREVENTION

Enhanced background checks have blocked thousands of gun sales to people under the age of 21 and those convicted of misdemeanor domestic violence crimes in the past year, the White House said on Sunday, a year after President Joe Biden set up a new office to accelerate work on preventing gun violence.

Germany's Far-Right AfD on track for another win

Germans in the state of Brandenburg were voting in a regional election on Sunday with the Far-Right Alternative for Germany (AfD) expected to finish first, building on successes in other eastern states and beating Chancellor Olaf Scholz's Social Democrats in one of their traditional strongholds.

At least 34 killed in coal mine explosion in Iran

A methane leak sparked an explosion at a coal mine in eastern Iran, killing at least 34 people and injuring 17 others, Iranian state media reported Sunday. Another 18 miners are believed to be trapped inside.

Tech monopolies

Regulators are developing better understanding

Have the FIIs lost their way?

From the bottom of 15,183 in mid-June 2022, the benchmark market index Nifty has soared 69 per cent to hit 25,791.

China syndrome in the US

Quad and IPEF clarify India's geopolitical stance

Freedom and the good life

On November 9 it will be 35 years since the Berlin Wall fell. The exhilaration of that moment was followed by high hopes for the spread of democracy throughout Eastern Europe, then in Russia itself when the Soviet Union imploded.

Boots on the ground need mending

The business correspondent channel for financial inclusion is calling for a pay raise, investments and an end to penalties, reports RAGHU MOHAN

How shift to digital credit underwriting helps India

In an evolving financial landscape, digital transformation is no longer optional but necessary.

FLOUR POWER

Current wheat prices are justified, say flour millers. Will the govt cut import duty?

All you want to know about SROs in finance

The key to effective implementation of the SRO regime is avoiding overlap

Tourism recovers but challenges remain

As the world celebrates Tourism Day on September 27, it is an opportune time to assess the performance of the sector and the challenges faced by it in India. <

Govt probing Netflix India over alleged tax evasion, visa breach

Netflix India is facing an investigation over local operations, including allegations of visa violations and racial discrimination, according to a government email sent to a former executive.

Star Health data breach 'huge problem': Experts ring alarm bells

The data breach of Star Health and Allied Insurance is a \"huge problem\" if sensitive information of about 31 million customers, reportedly amounting to 7.24 terabytes, is offered for sale, industry experts have warned, saying that the gravity of the issue may be even more severe than it looks.