Seeking setting aside of the orders, the exporter said that directing private establishments to compulsorily pay 100% wages during lockdown is “illegal, unconstitutional” and violative of Articles 14 and 19 of the Constitution of India.

The association also said hundreds of crores of unclaimed provident fund and employees state insurance corporation contribution lie in banks attracting interest.

In view of the massive disruption to economic activity due to Covid-19 impact and likely huge shortfall in revenues, the council felt that fiscal response to the crisis should be much more nuanced.

India has firmly established itself as a net steel exporter in FY20 with total steel exports at 11.183 MT (31 % growth over last year) exceeding the total steel imports at 7.164 MT by 4.02 MT.

State governments seem to have collected the lowest-ever inflation-adjusted monthly tax revenue in April.

Microfinance institutions (MFIs) believe the industry will bounce back in no time as they see demand for microcredit rising soon because of emergency loan requirements of their customers to restart businesses.

Nobel laureate Abhijit Banerjee has recommended that India offer cash to the poorest 60% of its population and waive off loan repayments for small businesses in the June quarter, as he pitches for a large enough fiscal package to stimulate demand in the economy ravaged by the novel coronavirus crisis.

The SARFAESI Act, which is now rarely being used after the Insolvency and Bankruptcy Code has come into existence since 2016, allows banks to seize, take control, manage and sell assets of defaulting borrowers without the intervention of any court/tribunal and also ensures speedy recovery.

The New Yorker took the feature reporting prize for Ben Taub’s piece on a detainee at the U.S. military base at Guantanamo Bay, Cuba, with judges saying the story offered 'a nuanced perspective on America’s wider war on terror.'

Several of the works honored in the arts explored race in American culture, including the music winner, Anthony Davis’ opera The Central Park Five. It tells of the wrongful conviction of five black and Latino teenagers for the 1989 assault on a white female jogger in Central Park. Five adult singers depicted the group as boys and men in Davis’ opera

The Volvo XC90 SUV presented this week is the first production car that in combination with Uber’s self-driving system is capable of fully driving itself.

Guidance for year has been cautious; FY20/21e EPS up 1/0.4%; valuations are fair; ‘Neutral’ maintained

Change of rules to spending limits would make the sport more competitive

Technology will play a crucial role in developing the EV ecosystem including in design, simulation, manufacturing and developing the overall vehicle cycle.

During the 1950s and 1960s, Formula racing lost more drivers than the next three decades. Instead, in the 1980s, accident-related deaths were four, which is still higher than the last three decades of Formula racing.

If your idea of a car is minimal price per square feet of cabin space (and added flexibility), the Triber is hard to beat. Else, there is a lot to scout for in the market

The US government proposes to introduce new visa norms. Additionally, it has a plan to strip the work permits benefitting the spouses of H-1B visa holders’ under H-4 visas in the country.The DetailsThis announcement came in a webpage from the agenda…

Following the investigation of the Wage and Hour Division of the Department of Labor, an American employment service company in Troy, Michigan, was in agreement to pay, USD 1.1 million as back wages to 594 H-1B employees. Many of these are top skilled…

The US Office of Management and Budget has announced the new rules on July 25th, concerning the EB-5 program (Immigrant Investor Program Modernization), which is frequently used by the Indian American community. These will take effective from November…

A new announcement by the USA Administration amounts to a concentrated effort by the administration to alter the legal immigration and focus on the legal ways for immigration.The rule denotes that the applicants for Green Card and visa will be viewed…

The US is operating on making the process of visa application shorter for Indian citizens and starting 1 September 2019, certain candidates can appeal for a waiver from the compulsory interview. In a statement to the associations of the travel agents,…

Worried microfinance industry feels that if the “irregularity and delay” in loan repayments get longer, then there would be a major problem for every player — small, medium and large.

India should take “urgent action” to tackle air pollution as the levels of toxic air in many cities of the country are much higher than the recommended guidelines, which could have a major impact on people’s health, WHO director Maria Neira said.

Industry experts say that besides the realty sector, the Chennai-Visakhapatnam industrial corridor will spur growth for other allied industries as well.

Assam had asked the MHA to limit the time period to three months, as it felt that keeping it open-ended could further accentuate the apprehensions over CAA in the state.

BJP spokesperson Shahnawaz Hussain asserts the protest in Shaheen Bagh is backed by the Opposition, says the Centre has given citizenship to more than 500 Muslims from Pakistan since 2014, and argues it is wrong to say that there are no Muslims with the BJP

In his campaign speeches, Shah had asked voters to press the EVM button in favour of BJP so that “its current shocks Shaheen Bagh”.

Australian High Commissioner Harinder Sidhu hopes India will revert decision to reject RCEP, warns against economies turning inwards, believes climate change role in bushfires bears examination, and admits that her Indian origins, especially Bollywood love, helped her

At his meeting with NSA Mohib, Shringla reiterated India’s commitment to “stand with Afghanistan” as it pursues “sustainable peace and reconciliation."

The Kerala government on Thursday announced a Rs 20,000-crore stimulus package to address the economic slowdown caused by the spread of Covid-19.

It is irrational to treat all private establishments alike irrespective of profit, loss, debt, or turnover, the petition said, adding that a blanket direction by MHA is akin to a tax without any statutory backing.

The Renault Triber compact seven-seater utility vehicle will launch in India sometime during the festive season this year. It prices are expected to fall in-between the range of Rs 5.5 lakh to Rs 7.5 lakh.

The Suzuki Jimny has developed a huge fan following especially after the introduction of its latest generation iteration. Currently, on sale in select international markets, the demand for this compact off-roader is such that Suzuki dealerships in some countries, recently, had to temporarily suspend new bookings in order to clear the existing backlog.

Detailed image gallery of the newly launched 2020 Honda Activa 6G.

Someone thought to take an all-new third-generation Isuzu D-Max V-Cross and turn it up to eleven! Feel free to welcome this Thailand customised Japanese pick-up truck.

Budget 2019: NEP has potential to overhaul the system

College admissions, after all, may start in the next 30-40 days. All this has made research, information and choice limited for students.