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Articles by Confronting e-commerce wave
Digital Competition Bill: Centre Held “Closed Door” Parleys with Big Tech, Other Stakeholders, FM tells Parliament
The Centre had held ‘closed-door’ discussions with 29 key stakeholders, including Amazon, Google, Apple, Meta, Twitter, Flipkart, Uber, Swiggy and Zomato, who are expected to be affected by the proposed Digital Competition Bill, the Lok Sabha was informed on Monday. This private consultations in March 2023 was held under the Centre’s Pre-Legislative Consultation Policy (PLCP).
‘India-Australia CECA discussions aligned with food security objectives’
India and Australia carried out stocktaking discussions on the proposed bilateral comprehensive economic cooperation agreement (CECA) last week ensuring the talks on market access modalities remained aligned with India’s food security objectives, per a government statement.
Centre extends deadline for delivery of CMR rice in Telangana
The Union Ministry of Consumer Affairs, Food and Public Distribution has extended the deadline for the Telangana Government for milling and delivery of custom-milled rice (CMR) from the 2023 agricultural season to the Central pool up to December 15, 2024.
Sanjay Malhotra to be new RBI Governor, will replace Shaktikanta Das
Ending months of suspense, the Government on Monday appointed Revenue Secretary Sanjay Malhotra as the new Governor of the Reserve Bank of India (RBI). Malhotra will succeed Shaktikanta Das, whose six-year term is ending on Tuesday. This appointment comes at a pivotal moment, as GDP growth slowed to 5.4 per cent in the July-September quarter, increasing pressure on the central bank to balance inflation targeting with supporting growth through interest rate cuts.
Birla’s Roadmap For Rajasthan’s Success: M-I-T-R - Minerals, Infrastructure, Tourism, Renewables
6:12 pm• Sustainable Manufacturing HomeSustainable ManufacturingBirla’s Roadmap For Rajasthan’s Success: M-I-T-R – Minerals, Infrastructure, Tourism, Renewables At the Rising Rajasthan Global Investors Summit, Kumar Mangalam Birla, Chairman of the Aditya Birla Group, highlighted the key factors driving Rajasthan’s inevitable rise.
Area under all Indian rabi crops barring barley, mustard up
The total area under all rabi crops increased by 1.5 per cent year-on-year to 493.62 lakh hectares (lh) as of December 6 compared with 486.30 lh a year ago. It is 78 per cent of the season’s normal 635.60 lh. The area under almost all rabi crops, except barley and mustard, is higher, the Agriculture Ministry said on Monday.
CCI Moves SC to Expedite Amazon, Flipkart Cases
Competition Commission of India (CCI) has filed a transfer petition with Supreme Court seeking transfer to the apex court from various High Courts of as many as 23 legal challenges to its 2019 investigation of Amazon and Flipkart. In its petition, the competition watchdog has alleged that various sellers of platforms Amazon and Flipkart had mounted legal challenges before various High Courts to scuttle the CCI probe.
Standing committee on finance urges swift action to fill SFIO vacancies
The Standing Committee on Finance has urged the government to expedite the filling up of vacancies in Serious Frauds Investigation Office (SFIO) so as to help handle its growing caseload more efficiently and achieve the resolution of pending cases. In its report tabled in Lok Sabha last week, the Parliamentary Panel noted that the SFIO faces significant vacancies, with 116 of its 238 sanctioned posts unfilled.
Ninjacart launches its new startup program
Agritech startup Ninjacart announced the launch of its Ninjacart Startup Program. This program aims to accelerate the growth of early-stage FoodTech and AgTech startups by providing access to cutting-edge technology, venture capital partners, financial backing, and expert business advisory.
Global goods trade growth steady but outlook cloudy: WTO
Global trade in goods is likely to continue to grow steadily through the fourth quarter of 2024 but the outlook is clouded by increasing economic uncertainty including possible shifts in trade policy, per the latest WTO Goods Trade Barometer readings released on Monday.
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