The Department of Economic Affairs, Ministry of Finance, has amended the Securities Contracts Regulation Rules (SCRR), 1956 to ease the listing requirements for Indian companies seeking to list on international exchanges within International Financial Service Centres (IFSCs) at par with global standards. ‘Direct Listing of Equity Shares of Companies Incorporated in India on International Exchanges Scheme’ under the Foreign Exchange ...

The Central Government has amended the Mines and Minerals (Development and Regulation) (MMDR) Act, 1957 through the MMDR Amendment Act, 2023, whereby Central Government has been empowered to auction 24 critical and strategic minerals in part D to the Schedule-I of the MMDR Act, 1957. So far, 14 critical mineral blocks have been successfully auctioned having minerals viz., Lithium, REE, ...

Telecom Regulatory Authority of India (TRAI) has released a Consultation Paper on ‘Inputs for formulation of National Broadcasting Policy-2024’ today. Ministry of Information and Broadcasting, through a reference dated 13th July 2023 requested the TRAI to provide its considered inputs under Section 11 of the TRAI Act, 1997 for formulation of the National Broadcasting Policy. As a first step, TRAI ...

The Ministry of Corporate Affairs has revised the existing threshold value of assets and turnover mentioned under Section 5 of the Competition Act, 2002 (the ‘Act’). Earlier, the threshold limits prescribed under Section 5 of the Act were revised in year 2011 vide notification S. O. No. 480 (E) dated 4th March 2011. Subsequently, the threshold limits were reviewed and revised ...

Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi has launched a groundbreaking initiative, the “Coal Logistics Plan and Policy” organized by the Indian National Committee World Mining Congress with the patronage of the Ministry of Coal in Vigyan Bhawan, New Delhi Addressing the event, Shri Pralhad Joshi underscored the imperative need for efficient logistics to meet the ...

Union Minister of State for Skill Development and Entrepreneurship and Electronics and IT Rajeev Chandrasekhar today held Digital India Dialogues on the Principles of the Digital India Act, a future ready legislation that aims to replace the existing IT Act and provide a strong legal framework for protecting the rights of the Digital nagriks while ensuring an enabling environment for ...

The Central Government under Section 20A of the MMDR Act has issued directions and circulated guidelines for Pradhan Mantri Khanij Kshetra Kalyan Yojna (PMKKKY) on 16.09.2015 to be implemented by the District Mineral Foundations (DMF) for taking up development and welfare projects/programs in mining affected areas. Further, Section 9B and Section 15(4) of MMDR Act empowers State Governments to frame ...

As per National Association of Software & Services Companies (NASSCOM), exports from Indian Information Technology/ Business Process Management (IT/ BPM) sector over the last three years are as under: S. No. Financial Year (FY) Exports (in USD Billion) 1. 2019-20 149 2. 2020-21 152 3. 2021-2022(E) 178   The contribution of different states to software exports by Software Technology Parks ...

To help achieve the aim of making Internet Open, Safe and Trusted and Accountable and to regulate the intermediaries, including social media intermediaries, and in exercise of powers conferred by the Information Technology Act, 2000the Central Government has made the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. These rules cast specific obligation on intermediaries to observe ...

The Government has taken the following measures to boost exports and reduce trade deficit: Foreign Trade Policy (2015-20) extended upto 31-03-2023. Interest Equalization Scheme on pre and post shipment rupee export credit has also been extended upto 31-03-2024. Assistance provided through several schemes to promote exports, namely, Trade Infrastructure for Export Scheme (TIES) and Market Access Initiatives (MAI) Scheme. Rebate ...