"Commercial banks have told the Reserve Bank of India they would prefer giving defaulting borrowers an "in-person hearing" at the time they identify an account as stressed than at the last stage before classifying the borrower as a wilful defaulter, said people aware of the matter"
"The fitment committee of the GST Council had earlier recommended the exemption on powdered millet. The committee had refused to give any incentive for prepared produce made out of millet."
"India’s central bank today left its inflation forecast for this fiscal year unchanged at 5.4%, despite uneven monsoon showers and as outlook on food prices remain on edge amid a spike in global crude oil prices"
Tax experts said this would lead to an increase in litigation over the next three months while hitting cash flows of companies as they would be required to furnish 10% of the total liability as a deposit for filing an appeal.
Competition authorities of the BRICS grouping will huddle next month to deliberate on regulating large digital players, among other issues, with India playing host after a gap of ten years, a person aware of the details said.
The Prime Minister's Office has instructed all working groups formed for the G20 outcomes to submit monthly progress reports. Preparations have commenced for the virtual summit proposed by Prime Minister Narendra Modi, which is expected to occur in November.
"The iOS 17, released Monday, added “a second setting, so you could choose two different” search engines, Giannandrea said in testimony in federal court in Washington as part of the Justice Department's antitrust suit against Alphabet Inc.'s Google.
It is a “decadal opportunity” that will also see growth and investment in the complex supply chain needed to support a semiconductor ecosystem, he added, and India is globally becoming a trusted partner."