Daily Archives: July 9, 2019

SEBI gets teeth to probe new-age cases

It can fine up to Rs. 10 cr. if a person tampers with information to obstruct probe, destroy data The Finance Bill, 2019 has given the Securities and Exchange Board of India (SEBI) new powers to act against entities that tamper or destroy electronic databases or fail to furnish information …

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Stocks crash on budget, global cues

Surcharge on high income group, strong U.S. jobs data lowering prospects of Fed rate cut dampeners The first trading session of the equity markets after the Union Budget saw stocks in a free-fall mode on Monday as a mix of global factors and domestic concerns emanating from some of the …

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SC to hear plea against Maratha quota

The Supreme Court on Monday agreed to urgently hear a petition filed by an NGO against a Bombay High Court order, which upheld the reservation provided to the Maratha community in education and government jobs in Maharashtra. Chief Justice of India Ranjan Gogoi, responding to an oral mentioning, scheduled for …

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INS seeks waiver of duty on newsprint

The Indian Newspaper Society (INS) has requested the Centre to withdraw the 10% customs duty imposed on newsprint, uncoated paper used for printing of newspapers and lightweight papers used in magazines. In a statement, INS said on Monday that newspapers and magazines were already reeling under severe financial pressure due …

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National repository of photographs mooted

System to track missing children and unidentified bodies through facial recognition also planned. The Central government wants to create a “repository of photographs of criminals in the country,” and wants to put a system in place to track “missing children and unidentified dead bodies,” through facial recognition. Bids invited The …

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Rajya Sabha too clears Aadhaar Bill

Opposition raises concerns over delay in enacting law on data protection Parliament on Monday cleared the Aadhaar and Other Laws (Amendment) Bill, 2019 which allows voluntary use of Aadhaar as proof of identity for users to open bank accounts and get mobile phone connections. The Rajya Sabha cleared the Bill …

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UAPA Bill ‘draconian, not based on logic’

Congress member Shashi Tharoor and IUML’s P.K. Kunhalikutty oppose the NIA Bill The Union government on Monday introduced the National Investigation Agency (Amendment), Bill 2019 and the Unlawful Activities (Prevention) Amendment Bill, 2019, in the Lok Sabha amid protests by the Opposition. Congress member Shashi Tharoor and Indian Union Muslim …

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CISF jawan tagged doubtful voter

Though NRC centre has offered him hope, Mamud Ali feels slighted A Central Industrial Security Force (CISF) jawan in Assam has been served notice as a ‘D’, or doubtful, voter less than two months after retired soldier Mohammed Sanaullah was declared a foreigner. The tag relegated Mamud Ali, 47, to …

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