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Rajya Sabha clears the banking regulation bill 

Rajya Sabha has cleared the Banking Regulation (Amendment) Bill, 2017, replacing the ordinance promulgated in May. This bill will reportedly empower the Reserve Bank of...

Rajya Sabha clears GST Bills without amendments

The Rajya Sabha passed four legislations of the landmark Goods and Services Tax Bill (GST) to pave way for the new indirect tax reform. The...

Debt recovery Bill referred to Joint Committee of Parliament

Finance Minister Arun Jaitley introduced the Enforcement of Security Interest and Recovery of Debt Laws and Miscellaneous Provisions (Amendment) Bill, 2016 in the Lok...

RBI to introduce mechanism to check electronic fraud

If everything falls in the right place, Reserve Bank of India (RBI) would soon introduce a regulatory mechanism to prevent fraudulent electronic transactions which...

Insurance Bill: Panel for hiking FDI cap to 49%

The Parliamentary Select Committee has endorsed most provisions of the Insurance Amendment Bill, including a composite cap of 49 per cent for FDI and...

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