The government's inflation management is being widely condemned and most consider it natural that the central bank should tighten money further since inflation shows no sign of abetting....

The political might of entrenched interest groups seems poised to thwart real reforms in agriculture....

A sick company that makes huge orders and issues cheques to the seller with no real intention to pay must stand criminal trial under Section 138 of the Negotiable Instruments Act, the Supreme Court stated in the case, Southern Steel Ltd vs Jindal Vijayanagar Steel Ltd....

In a bid to discourage vehicles that consume more fuel, the government has raised the excise duty on bigger cars, multi utility vehicles, and sports utility vehicles....

The Supreme Court has ruled that a recovery officer of the debt recovery tribunal has no power to confirm the sale of the property of a company under liquidation when the company judge has appointed an official liquidator....

The Director General of Foreign Trade (DGFT) has added Para 5.11.4 in the Handbook of Procedures, Vol-1 (HB-1) through Public Notice No....

A large number of non-resident Indians (NRIs), who make earnings in foreign exchange, keep money in India in non-resident ordinary (NRO) account....

As is by now well known, the service tax, which has been in force in India for more than a decade, is intended to operate as a destination-based consumption tax....