Textile Ministry favours FDI in multi-brand retail
The ministry of textiles under the newly formed BJP government has a contrarian view on the allowing foreign direct investment (FDI) in multi brand retail.Contrary to the party’s policy for not allowing FDI in multiband retail, the ministry, in its strategy report for the sector has recommended... read more »
RBI gets tough; says, even guarantor to be tagged as wilful defaulter if ob...
The Reserve Bank of India (RBI) on Tuesday allowed banks to take action against guarantors on a loan, even without exhausting the remedies against the principal debtor, in case of a wilful default. If the principal debtor fails to make repayments, the banker will be able to proceed against the... read more »
Nirbhaya’s nurse alleges gangrape in Punjab, two accused arrested
A nurse, who is posted at Safdarjung hospital and had treated December 16 gangrape victim Nirbhaya was gangraped in Budhlada town of Mansa district of Punjab on Monday. A case has been registered against four persons under sections 376 (rape), 363 (kidnapping), 342 (wrongful confinement) and 506... read more »
Don’t Cancel Bar Licences Yet, Says Supreme Court to Kerala Governmen...
A division bench of the Kerala High Court on Wednesday rejected petitions from bar hotel owners, challenging the government order to close 730 bar hotels in the state. As per the new policy, the UDF government has decided not to renew liquor licence of 418 bars, closed since April this year, and... read more »
