Latest News, Updates & Breaking Headlines
The Reserve Bank of India (RBI) on Wednesday removed the requirement for non-bank entities to obtain prior approval for tie-up arrangements to facilitate outward remittance services through banks in India, PTI reported.The central bank also issued a revised operating framework for facilitating outward remittance services by non-bank entities through Authorised Dealer (AD) Category-I banks.“On a…
The Centre has completed the implementation of the four new labour codes by notifying the corresponding rules, more than five years after the reforms were first introduced to replace and consolidate 29 existing labour laws, PTI reported.The four codes — the Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020; and…
The statistics ministry on Thursday issued uniform guidelines for calculating Gross State Domestic Product (GSDP) with 2022-23 as the revised base year, aiming to bring greater consistency and comparability in measuring economic performance across states and Union Territories, PTI reported.The Ministry of Statistics and Programme Implementation (MoSPI) said the move follows the revision of the…
Healthcare industry body NATHEALTH on Sunday welcomed the government’s National Building Construction Standards (NBCS) 2026, saying the new norms easing height restrictions for hospitals are expected to reduce infrastructure bottlenecks and improve access to healthcare, PTI reported.The industry body said the revised standards allow hospitals to build beyond earlier limits and permit Intensive Care Units…
India’s mining and metals sector needs a fresh look at environmental compliance norms as rising exploration costs and depletion of high-grade mineral reserves create new pressures for the industry, experts said on Thursday, PTI reported.The sector, which is estimated to account for up to 7 per cent of global greenhouse gas emissions, currently requires environmental…
Mumbai: Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey addresses the 38th SEBI Foundation Day, at the Jio World Convention Centre, in Mumbai, Maharashtra. (PTI Photo/Kunal Patil) MUMBAI: Markets regulator Sebi will accelerate its drive to simplify and rationalise regulations to improve ease of doing business for capital market participants, its chairman…
NEW DELHI: Amid energy supply chain disruptions due to the West Asia conflict, govt will soon issue a fresh notification laying down test requirements for vehicles compliant for E85 to E100 fuel, or Flex Fuel Vehicles (FFVs), a move that will allow OEMs — original equipment manufacturers — to produce automobiles that can run on…
NEW DELHI: The Supreme Court has issued sweeping pan-India directions to improve road safety, including a ban on parking of heavy and commercial vehicles on national highways, warning that expressways must not turn into “corridors of peril” due to administrative lapses or infrastructure gaps.A bench of Justices J K Maheshwari and Atul S Chandurkar noted…
New Delhi: After months of negotiations, govt and auto industry on Thursday reached a consensus on the proposed CAFE-3 fuel efficiency norms, with companies agreeing to most of the draft circulated last week, even as concerns remain over meeting stricter emission targets by FY32.TOI has learnt that officials told industry representatives that the thrust of…
Aviation regulator, Directorate General of Civil Aviation (DGCA), has temporarily eased pilot flight duty time limitation (FDTL) norms for long-haul operations, a senior official said on Tuesday.The move is intended to ensure adequate pilot availability and maintain smooth flight operations, Joint Secretary in the Ministry of Civil Aviation, Asangba Chuba Ao, said during a media…
