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The Punjab Government approved the legislation of “The Punjab Water Resources (Management and Regulation) Ordinance 2019”. This has come against the backdrop of Overutilization of groundwater for the purpose of agriculture and other requirements. Another cause is due to urbanization and industrialization of the area. This problem has affected the creatures and people living in ..
The Securities and Exchange Board of India (Sebi) has shortened the period for processing rights issues from the earlier 58 days to 31 days, and has also set a new time limit of 31 days on the disclosure of defaults by listed companies. SEBI has enhanced the investment threshold in schemes offered by portfolio management ..
The ambitious National Intelligence Grid (NATGRID) project will came into effect from December 31, 2020. It will enable multiple security and intelligence agencies a database related to immigration entry or exit, banking and telephone details etc from a common platform. The project links various investigation agencies such as RAW and IB. At least 100 Central ..
On 19 Nov, Defence Minister Rajnath Singh held talks with Singapore’s Deputy Prime Minister Heng Swee Keat during which the two leaders agreed to take the defence cooperation between the two countries to greater heights. During the meeting, Defence Minister also referred to India’s stand on the South China Sea and the Indo-Pacific region.He also ..
On 18 Nov, Justice SA Bobde administered the oath of office by President Ram Nath Kovind. He is appointed as 47th Chief Justice of India. Mr Bobde’s tenure in the Supreme Court witnessed some of the most controversial moments in the past of the higher judiciary such as sexual harassment charges against his predecessor. He ..
On 13 Nov, the Supreme Court struck down rules in the amended Finance Act 2017 on tribunals and directed the government to reformulate fresh norms with respect to appointment of tribunal members. The apex court directed that appointment in tribunals should be in accordance with respective statutes. The apex court’s decision was based on a ..
On 12 Nov, the Securities and Exchange Board of India (Sebi) prescribed wider disclosures and compliances norms by the issuers of listed municipal bonds. As per the SEBI norms, listed entities should submit half-yearly unaudited financial results to the stock exchanges within 45 days of the end of the first half of the year and ..
On 13 Nov, the Supreme Court bench headed by Chief Justice Ranjan Gogoi struck down rules in the amended Finance Act 2017 on tribunals and directed the government to reformulate fresh norms with respect to appointment of tribunal members. The bench directed the Ministry of law to conduct impact study and submit report to the apex court. The ..