GTRI ADVISES INDIA AGAINST BINDING DATA FLOW COMMITMENTS IN IPEF
The Business Guardian|October 27, 2023
International trade experts recommend India set domestic rules and retain preferential treatment for domestic suppliers in government procurement in the proposed FTA with the UK
GTRI ADVISES INDIA AGAINST BINDING DATA FLOW COMMITMENTS IN IPEF

As India and the United Kingdom move closer to finalizing a Free Trade Agreement (FTA), the Global Trade Research Initiative (GTRI) has cautioned against agreeing to free cross-border data flows within the proposed trade deal. According to the think tank, maintaining ownership of national data is essential for the development of public services in India. GTRI also stressed that India should avoid binding commitments in this area to preserve the country’s policy flexibility in the future.

The negotiations between India and the UK for the FTA are in advanced stages, and both parties are expected to announce the conclusion of talks by the end of this month. This FTA represents a significant shift in India’s approach to trade, transitioning its focus from the east to the west, and broadening its scope to include non-trade matters such as environment, labour, gender, digital trade, and data governance.

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MADHYA PRADESH HIGH COURT: NON-FUNCTIONALITY OF TRACES PORTAL CAN'T BE GROUND TO DENY BENEFIT OF STATUTORY RIGHT TO ASSESSEE [INCOME TAX]
The Business Guardian

MADHYA PRADESH HIGH COURT: NON-FUNCTIONALITY OF TRACES PORTAL CAN'T BE GROUND TO DENY BENEFIT OF STATUTORY RIGHT TO ASSESSEE [INCOME TAX]

The Madhya Pradesh High Court in the case Birla Corporation Limited v. Principal Commissioner of Income Tax (It And Tp) And Others observed and has made it clear that non-functionality of Income Tax Department's TRACES Portal cannot be grounds for denying the benefit arising to an assessee under statutory provisions of the Income Tax Act, 1961.

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2 mins  |
October 11, 2024
Delhi High Court On Frivolous Litigation: Prosecution, Legal Departments Must Exercise Due Diligence Before Initiating Cases
The Business Guardian

Delhi High Court On Frivolous Litigation: Prosecution, Legal Departments Must Exercise Due Diligence Before Initiating Cases

The Delhi High Court in the case State v. Manpal And Ors observed that the prosecution and Delhi Government's Department of Law & Legislative Affairs must exercise due diligence before initiating cases and that legal process must not be misused through frivolous litigation.

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2 mins  |
October 11, 2024
Tata built 500-bed hospital in Kerala within 5 months during peak Covid
The Business Guardian

Tata built 500-bed hospital in Kerala within 5 months during peak Covid

The Covid pandemic was at its peak in March 2020, and Kasargod, a northern Kerala district bordering Karnataka was grappling with treatment facilities, as historically, the citizens here depended on facilities in the neighbouring state for treatment.

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1 min  |
October 11, 2024
Tata 'Good man' who chatted with his newspaper vendor
The Business Guardian

Tata 'Good man' who chatted with his newspaper vendor

Singh remembers the sight of Tata sitting in the garden of the bungalow in the mornings, reading the newspapers he had delivered, and the smiling face.

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1 min  |
October 11, 2024
The Business Guardian

World mental health day!

First of all let me wish you good mental health and peace on the occasion of World Mental Health Day. People always talk about physical fitness which is right but at the same we need to take care of our mental fitness as well.

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2 mins  |
October 11, 2024
Voices for wellness: expert insights on Mental Health Day
The Business Guardian

Voices for wellness: expert insights on Mental Health Day

On this Mental Health Day, we come together to amplify the importance of mental well-being and the diverse voices that advocate for it. Mental health is a fundamental aspect of our overall health, yet it remains shrouded in stigma and misunderstanding.

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3 mins  |
October 11, 2024
Ratan Tata's death shifts focus to Next-Gen leadership
The Business Guardian

Ratan Tata's death shifts focus to Next-Gen leadership

Leah Tata, the eldest child of Noel Tata, earned a Master's degree in Marketing from IE Business Schoolin Madrid. She joined the Tata Group in 2006, starting as an assistant sales manager at Taj Hotels Resorts Palaces.

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2 mins  |
October 11, 2024
INDIA REQUIRES USD 200 BILLION TO BUILD RENEWABLE ENERGY ASSETS BY 2030: NOMURA
The Business Guardian

INDIA REQUIRES USD 200 BILLION TO BUILD RENEWABLE ENERGY ASSETS BY 2030: NOMURA

India will require USD 200 billion in investments to build renewable energy assets by 2030, driven by rising demand and ambitious green energy goals, says a Nomura report.

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2 mins  |
October 11, 2024
BUNGALOW ROW: CM ATISHI WORKING AMID PACKED CARTONS
The Business Guardian

BUNGALOW ROW: CM ATISHI WORKING AMID PACKED CARTONS

The AAP on Thursday shared images showing Delhi Chief Minister Atishi signing files at her Kalkaji residence surrounded by packed cartons of her belongings, a day after the party claimed she was made to \"forcibly vacate\" the 6, Flagstaff Road bungalow in the national capital.

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1 min  |
October 11, 2024
The Business Guardian

DoE issues advisory against ed-tech firms

The Delhi Directorate of Education (DoE) has issued an advisory to protect students and parents from the misleading promises of ed-tech companies.

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1 min  |
October 11, 2024