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Govt bans e-cigarettes, offenders to face one-year jail term for first violation

Govt bans e-cigarettes, offenders to face one-year jail term for first violation

The cabinet on Wednesday banned production and import of electronic cigarettes (e-cigarettes), a step taken in the interest of public health.

Finance Minister Nirmala Sitharaman in a media briefing said that an ordinance will be passed to ban the products, which the government believes will advance tobacco control efforts in the country

Sebi bans Gautam Thapar, three others from markets over CG Power fraud

Sebi bans Gautam Thapar, three others from markets over CG Power fraud

The Securities and Exchange Board of India (Sebi) on Tuesday debarred Gautam Thapar, the ousted chairman of fraud-hit CG Power and Industrial Solutions, from accessing the capital market for a number of alleged irregularities, including diversion of money.

GST Council unlikely to back tax cuts for automobile sector: Reports

GST Council unlikely to back tax cuts for automobile sector: Reports

The goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components sector this week, as a study has warned of major revenue losses, two government officials said.

A government study, attached to the agenda of a Sept. 20 GST panel meeting, has said the total annual revenue loss could be as much as Rs 50,000 crore ($6.95 billion), if the panel decided to lower tax rates for the auto sector to 18% from 28%.

LIC Assistant Recruitment 2019: 8000 posts at licindia.in, Oct 1 last date

LIC Assistant Recruitment 2019: 8000 posts at licindia.in, Oct 1 last date

LIC recruitment 2019: The Life Insurance Corporation (LIC) of India has released the recruitment notification for 8,000 posts of LIC assistants on its official website licindia.in. LIC has invited onlineThe selection process will be based on two computer-based tests (CBT) after which they will undergo a pre-recruitment medical examination. Candidates should apply for one LIC division only as multiple applications can be rejected.

DRDO unmanned aerial vehicle crashes in farmland in Karnataka, none injured

DRDO unmanned aerial vehicle crashes in farmland in Karnataka, none injured

An unmanned aerial vehicle (UAV) belonging to the Defence Research and Development Organisation crashed during a trial in an agriculture field in Chitradurga district on Tuesday, a video of which has gone viral.

However, no casualties were reported.

Not a good idea to break up biggest US tech companies, says Bill Gates

Not a good idea to break up biggest US tech companies, says Bill Gates

Bill Gates, who knows a thing or two about antitrust investigations, doesn’t think it’s a good idea to break up the biggest U.S. tech companies as some politicians have suggested.

The Microsoft Corp. co-founder and former chief executive officer battled the Justice Department for years in the late 1990s in a bruising antitrust case. At issue was the software giant’s bundling of its Internet Explorer browser to Windows as a way to maintain its dominance in PC operating systems. Ultimately Microsoft remained intact.

TRAI seeks views on maximum duration for phone calls to ring

TRAI seeks views on maximum duration for phone calls to ring

New Delhi: Telecom regulator Trai has sought the industry's views to discover appropriate duration for a call to ring in a bid to ensure optimal usage of network and spectrum resources.

Telecom Regulatory Authority of India's (Trai) latest discussion paper on 'Duration of alert for the called party' will also explore the "possibility of customisation of ringing duration" by the phone users, according to a statement.

Amazon sees 50 per cent more sales this year

Amazon sees 50 per cent more sales this year

New Delhi: Braving the slowdown in consumption demand, e-commerce major Amazon India is eyeing 50 per cent more sales in the festive season this year. The company, which is starting its mega festive sale from September 29 to October 4, is expected to showcase lakhs of products in various categories, including 5,000 products in large appliances and furniture categories.

Air India bond issue a big draw

Air India bond issue a big draw

Air India Assets Holdings Ltd (AIAHL), a special purpose vehicle, has raised Rs 7,000 crore through a bond issue, which was subscribed nearly three times.

AIAHL had come out with its maiden bond issue for Rs 1,000 crore with an option to retain an additional subscription of up to Rs 6,000 crore. The bonds are fully-backed by the government.

RBI expands scope of Bharat Bill Payment System

RBI expands scope of Bharat Bill Payment System

Mumbai: The Reserve Bank of India has expanded the scope of the Bharat Bill Payment System (BBPS) by adding other categories of recurring payments through the portal.

BBPS is an interoperable platform that enables a customer to pay bills such as telephone, water, gas, direct-to-home (DTH) and electricity at a single location—electronic or physical.

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