Economy

[Breaking] Watch Union Budget 2021 Live Updates by Nirmala Sitaraman

Union Budget 2021 - Prime Minister Narendra Modi led government will be presenting the most anticipated union budget today from 11 AM IST. This budget is likely to bring India back as one of the fastest-growing major economies in the world which will be done by boosting Job creation and rural development among other things.

What is Resale Price Maintenance?

RPM is a contractual arrangement between a manufacturer and distributor or wholesaler or any other party in the supply chain whereby the manufacturer imposes a resale price at which the distributor is required to sell the product. The concept itself is not illegal but is considered a violation of the Act under certain circumstances.

Three Years of the GST Regime: Has it been a Success Story?

Goods and Service Tax (GST) is considered as India’s biggest tax reform. Subsuming multiple central and state taxes, GST was rolled out with much fanfare. With the popular slogan of ‘One Nation One Tax’, the Centre set out to...

NEP 2020: India making a Headway Towards ‘Global Knowledge Superpower’

History of Indian Education System Pathshala, Maktabs, and Madrasas were regarded as elementary schools before British Rule. Education was imparted by way of old texts like Vedas and their commentaries. East India Company and Christian Missionaries brought the idea of...

India’s Trade War with China and its Numerous Implications

Recently India witnessed various developments like that of the clash between the Indian and the Chinese forces on the Ladakh border. The violent face-off between the troops on the 15th of June which left 20 Indian soldiers dead. This...

What If China Boycotts India?

With growing border tensions and India's boycott movement, what if China boycotts India? India-China Retaliation 20 Indian soldiers were martyred in compelling combat with the People's Republic of China. Increasing border tensions and transmission of novel coronavirus has created boycott movements in India...

Telecom Industry Crisis: What If Vodafone Idea Limited Shuts Down?

The telecom industry faces a crisis due to huge AGR dues and longtime dispute. Under such circumstances, there is a high possibility of Vodafone Idea Ltd. to shutdown.  The Dispute In 1994, the telecom sector was liberalized, and National Telecom Policy...

Impact of COVID-19 on Food & Beverages Industry, Indirect Losses to Farmers

The outbreak of coronavirus has brutally affected all the sectors across the whole world. Among all the sectors, the Food & Beverage industry got the worst hit by the pandemic. Moreover, it has affected the restaurant industry very badly and they...

Ever Rising Prices Of Fuels: Why Are Petrol Prices so High Today in India?

A daily petrol price revision is a better proposition for many reasons. The first and the foremost is that it allows you to absorb the changes in daily petrol prices in India by a few paise. When petrol prices...

Feasibility of Atmanirbhar Bharat and India’s Dream to Boycott China

With Covid-19 pandemic, border tensions with China and growing Indian production capabilities along with the Atmanirbhar Bharat and Boycott China campaign, China has witnessed a decline in its fame. What is the Boycott China Campaign all about? Boycotting Chinese Products have...
- Advertisement -

Latest News

Understanding Contingent Contracts Under the Indian Contract Act

A contingent contract is a contract to do or not to do something, if some event, collateral to such contract, does or does not happen.
- Advertisement -

Analysing the Central Vista Project: India’s New Parliament

The government will spend around Rs. 1000 Crore for the new parliament building, right in the center of India’s capital.

Explained: Farm Laws 2020 and its Effect on Indian Farmers

In the recent past, our government has come up with three different ordinances related to agriculture which has infuriated the farmers of our nation.

Job Post: Vacancy for Associate at Sony Pictures Networks India Private Limited, Mumbai

Sony Pictures Networks India Private Limited is looking to hire an Associate with 3-5 years of PQE from Media and Entertainment Industry, preferably with...

Analysing the Enforcement Of Foreign Arbitral Awards In Light Of the Vijay Karia Case

Section 34 of the Arbitration and Conciliation Act, 1996 (Hereinafter “Act”) lays down the basis for setting aside arbitral awards made in domestic and foreign arbitrations held in India. Though international awards cannot be contested in India, the compliance of such awards in India may be validly challenged by the award debtor on the grounds set out in Section 48 of the Act. The grounds set under both these sections are almost similar, one of the grounds being that the arbitral award is found contrary to the “public policy of India”. The question of the constituent elements of “public policy” have been discussed in a number of cases, however, in a recent case of Vijay Karia & Ors. V. Prysmian Cavi E Sistemi Srl & Ors, the SC drew attention to this point viz-a-viz foreign award.