FM: Tobacco excise duty will be shared with states

The Lok Sabha passed the Central Excise (Amendment) Bill on Wednesday to levy excise duty on tobacco and related products, with Finance Minister Niramala Sitharaman saying that the revenue collected will be part of the divisible pool, and 41% of that will be shared with the states

To scale up our climate ambition, a seven-point plan

We are required, under the Paris Agreement, to submit new NDCs covering the period up to 2035. We have confirmed that we will be doing so soon. Ideally, the new NDCs should be part of an economy-wide transition plan, but all parts of the plan need not be included in the NDCs.

Judges behind privacy verdict hail recall of app order, flag issues

Former Supreme Court judges who have adjudicated extensively on privacy rights issues have expressed serious concerns about the government's now-withdrawn order mandating the pre-installation of the Sanchar Saathi app.

These judges include those who authored the historic 2017 Justice KS Puttaswamy (retd)v Union of India judgement, which established privacy as a fundamental right.

Rupee breaches 90-mark: What's driving the slide

India's Currency slipped below the psychologically critical 90-per-dollar level on Wednesday, jolting the financial markets and amplifying concerns about the broader macroeconomic landscape.

IBC resolution: House panel raises concerns over 'haircuts', asset valuation

While noting that the Insolvency and Bankruptcy Code (IBC) has strengthened the confidence of creditors and encouraged foreign investments in the last eight years of its implementation, a parliamentary panel has identified multiple challenges that are hampering the law's potential.