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Govt wants taxi hailing apps like Uber, Ola to follow same rules as radio cabs

May 29, 2015

Govt wants taxi hailing apps like Uber, Ola to follow same rules as radio cabs

The government is looking into the regulatory matters concerning the taxi hailing apps as it intends to offer a level playing field for the existing radio taxi operators and restrain the taxi hailing apps fleet zoom away with all operational advantages. #Department of Telecom #PolicyWatch #Motor Vehicles Act #Uber #Ola #radio taxis #Road Transport Ministry #Taxi hailing apps
Working on guidelines for e-commerce sector, says DIPP joint secretary

May 28, 2015

Working on guidelines for e-commerce sector, says DIPP joint secretary

Recently, Commerce and Industry Minister Nirmala Sitharaman has discussed various issues related to FDI in the e-commerce sector with several stakeholders, including Flipkart, Snapdeal and industry associations. #Business #FDI #Nirmala Sitharaman #PolicyWatch #Flipkart #Snapdeal #DIPP #PHDCCI #ease of doing business #Atul Chaturvedi
Centre pulls down another red tape to ease share transfer norms between overseas players

May 28, 2015

Centre pulls down another red tape to ease share transfer norms between overseas players

The measure is part of the initiatives taken by the Department of Industrial Policy and Promotion to clarify on certain grey areas of the FDI policy. #Business #India #FDI #PolicyWatch #DIPP #ease of doing business #Share transfer
Ease of doing business: Now states must compete for rankings, says DIPP

May 26, 2015

Ease of doing business: Now states must compete for rankings, says DIPP

India stands at 142 in the global list of World Bank's 'Doing Business' index. #Business #PolicyWatch #DIPP #Atul Chaturvedi #Ese of doing business
Gas price pooling to urea units to take effective from 1 July

May 26, 2015

Gas price pooling to urea units to take effective from 1 July

The order said Department of Fertilisers will determine the total requirement of natural gas and draw plant-wide requirement, which would then be informed to the pool operator, GAIL. #GAIL #Natural gas #PolicyWatch #Empowered Pool Management Committee #Department of Fertilisers #Gas pooling #Urea units #R-LNG
Centre relaxes norms to treat NRI investments as domestic

May 21, 2015

Centre relaxes norms to treat NRI investments as domestic

Investments by NRIs under under Schedule 4 of FEMA regulations will be deemed to be domestic investment at par with the investment made by residents, an official statement said. #Defence #Narendra Modi #FDI #PolicyWatch #Insurance #NRI #FEMA #PIO #OCI
Govt relaxes FDI norms for NRIs, PIOs, OCI to boost capital flow

May 21, 2015

Govt relaxes FDI norms for NRIs, PIOs, OCI to boost capital flow

The Narendra Modi-led government, which has liberalised the FDI policy for sectors such as defence,railways, construction development, medical devices and insurance, is keen to tap NRIs, OCIs and PIOs. #Defence #Narendra Modi #FDI #PolicyWatch #NRI #Railways #CCEA #PIO #OCI
Pay more to fly, eat out: New service tax regime of 14% from 1 June

May 19, 2015

Pay more to fly, eat out: New service tax regime of 14% from 1 June

The service tax is currently levied at the rate 12.36 percent including education cess. #Economy #Aviation #Arun Jaitley #Restaurant #PolicyWatch #Credit cards #service tax #Education cess
Gold scheme: Banks may offer interest on deposits of above 30 gms

May 19, 2015

Gold scheme: Banks may offer interest on deposits of above 30 gms

The government is trying to convince households, who sometimes have little faith in financial institutions, to break the tradition and hand over gold passed down the generations. #Economy #CRR #Arun Jaitley #PolicyWatch #Personal finance #World Gold Council #Statutory Liquidity Ratio #gold monetisation scheme
Cabinet nod for new urea policy to make country self-sufficient in fertiliser

May 13, 2015

Cabinet nod for new urea policy to make country self-sufficient in fertiliser

The policy outlines measures for boosting urea production by making plants more energy efficient and pooling of gas supplied to urea facilities, among others, sources said. #Agriculture #Arun Jaitley #PolicyWatch #NDA #farming #New Urea Policy 2015