Tribunal to try benami cases soon

Tribunal to try benami cases soon News: The government has approved the appointment of Adjudicating Authority and establishment of Appellate Tribunal for speedy disposal of cases related to benami transactions. Important Facts: The Adjudicating Authority and Appellate Tribunal has been created under Prohibition of Benami Property Transactions Act (PBPT), 1988. Salient Features of Adjudicating Authority… Continue reading Tribunal to try benami cases soon

Our fixation with metro rail projects

Our fixation with metro rail projects News: The article discusses about the viability metro rail system in India with regard to the economic viability and the transportation needs of cities. Important Facts: Metro projects in India: After the first metro project in Kolkata in 1984, India executed its second metro rail project in Delhi in… Continue reading Our fixation with metro rail projects

Panel for adopting UN model on cross-border insolvency 

Panel for adopting UN model on cross-border insolvency  News: The Insolvency Law Committee (ILC) has suggested amendments to India’s Insolvency and Bankruptcy Code (IBC) to align it with United Nations’ model to handle cross-border insolvency cases. Important Facts: The ILC headed by Ministry of Corporate Affairs (MCA) secretary Injeti Srinivas recommended the adoption of the… Continue reading Panel for adopting UN model on cross-border insolvency 

Turf battle: on independent payments regulator

Turf battle: on independent payments regulator News: The Reserve Bank of India (RBI) has opposed the move to have an independent Payments Regulatory Board (PRB) as envisaged by the draft proposal for amendments to the Payment & Settlement Systems Act, 2007. Important Facts: About the Payments Regulatory Board (PRB) : The Union Government in Budget… Continue reading Turf battle: on independent payments regulator

7 PM Daily Editorials Brief – February 28, 2018 (India has potential to touch 7-8% growth rate)

Read In-depth analysis of all the Editorials here Source : Indian economy has potential to achieve growth rate of more than 7-8%, says Arun Jaitley Analysis : India has potential to touch 7-8% growth rate  

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