SEBI relaxes FPI rules
The markets regulator SEBI eased the regulatory and compliance framework for foreign portfolio investors (FPI).
Startups and Tax holiday
The tax department clarified that only small startups with a turnover of up to ₹25 crore will get tax holiday on fulfilling certain conditions.
Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019
In order to eliminating the bulk of pending tax dispute cases, the government has announced a new scheme- Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019.
Rupee Depreciation
The Indian rupee hits an over eight-month low of 71.81, against the US dollar.
Madras HC deletes para on Christian missionaries
In pursuance with PM’s I-Day speech, Centre has asked all milk cooperatives and private dairies to halve plastic usage by October 2.
No plan to curb social media: HC
In response to two public interest litigation (PIL) seeking to link Aadhaar or any other government authorised identity proof with social media accounts, Madras High Court stated that it has no interest in addressing the pleas.
Corporatisation of Ordnance Factory Board
The Government is set to form a high level committee to examine the aspects of corporatisation of the Ordnance Factory Board (OFB) and work out the modalities.
India should be wary of a U.S.-Pakistan deal: former Afghanistan President Hamid Karzai
Mr. Karzai in his visit to Delhi to meet Prime Minister Narendra Modi and External Affairs Minister S. Jaishankar, said he had conveyed the “fears for Afghanistan” if there was a deal that involved Pakistan.
Trump: Kashmir situation complicated by religion
U.S. President Donald Trump said he would do his best to mediate or help somehow with the tensions between India and Pakistan over Kashmir.
Defying U.S., Gibraltar frees Iran tanker
Gibraltar allowed a detained Iranian supertanker to leave the British overseas territory after a last-minute U.S. attempt to seize the vessel, potentially defusing tensions between London and Tehran.