Union minister Tomar on Saturday said the ordinance would not affect the spirit of the federal structure. 'I want to clarify that this ordinance does not violate the spirit of the federal structure,' he said

This, however, will not apply to defaults committed before March 25, when a nationwide lockdown was imposed by the Centre to check the spread of coronavirus

This will be applicable for NPAs (non-performing assets) after March 25, with a provision to extend up to one year

Apart from suspension of the insolvency law, the government also announced a slew of other insolvency-related measures

Coronavirus impact: In a statement, the labour union said that thousands of BMS activists started demonstrations on the roads as well as outside government offices, following which they sent memoranda to the President of India

Banking stocks were top losers with BSE bankex tanking 1,443 points to 20,132 today

Protesting against the move, the unions have decided to hit the streets on May 20 and put forward their demands with local administrative authorities

Addressing a press conference, Finance Minister Nirmala Sitharaman said companies can list their securities directly in foreign jurisdictions and described it as \"one big step for Indian companies\"

The government said it would offer 50 coal blocks for auction immediately with no eligibility conditions except for an upfront payment which will have a ceiling amount

How Tranche IV will revive the economy remains a mystery, but then, there is always a tomorrow, and one can hope for clarity when the Finance Minister announces the Tranche V of COVID-19 stimulus

Finance Minister Nirmala Sitharaman Speech Live Updates on Economic Package: 4th phase of announcements under the Atma Nirbhar economic stimulus package will focus on structural reforms

A review of studies by public health experts convened by WHO on April 29 found that smokers are more likely to develop severe diseases, compared to non-smokers, said Binoy Mathew, senior programme officer of Voluntary Health Association of India

Coronavirus lockdown 4.0: DMA urged PM Modi and Amit Shah to look into the matter urgently and intervene so that the pending salaries and arrears of the NDMC doctors are cleared

While UP has put a blanket exemption on all labour laws, barring three for next three years, thereby making it easy to hire and fire, MP's approach is far more balanced by amending existing industrial acts

Despite government's plea, private companies have cut salaries and fired employees

All India Kisan Sabha alleged that the recent move by the BJP Government in Karnataka to dilute the Land Reforms Act of 1961 to allow industries to buy farm land directly from farmers will \"promote corporate land grab and loot of resources\"

The radical relaxation of labour laws by the UP government will neither help in demand generation nor in creation of jobs as argued by the state, say experts

From asking factory owners to pay employees during lockdown to abolition of most labour laws, the big climbdown of Yogi Adityanath's government has rubbed trade unions the wrong way

Many states, including Uttar Pradesh, Andhra Pradesh, and Delhi have already hiked liquor prices to give a boost to their fledgling revenue income

\"There is already very poor enforcement of labour laws in India, and even those are being suspended and withdrawn. This is very inappropriate and we can't endorse it,\" says BMS General Secretary Virjesh Upadhyay