Karnataka government passes bill to set age limit for sale of cigarettes at 21 years News

Karnataka government passes bill to set age limit for sale of cigarettes at 21 years News

The Karnataka government introduced the Cigarettes and Other Tobacco Products Bill, 2024, which raised the age limit for the sale of cigarettes from 18 years to 21 years. The Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Manufacture, Supply and Distribution) (Karnataka Amendment) Bill was passed in the Assembly […]

Acmes Drugs files IPO documents with SEBI to raise Rs 680 crore through fresh issue. ipo news

Acmes Drugs files IPO documents with SEBI to raise Rs 680 crore through fresh issue.  ipo news

Established in 2004, Akums is a pharmaceutical contract development and manufacturing organization (CDMO) offering a wide range of pharmaceutical products and services in India and abroad. Acmes Drugs and Pharmaceuticals Ltd has filed draft papers with capital markets regulator SEBI to raise funds through an initial public offering (IPO). According to the draft red herring […]

Decision to limit LNG exports threatens national security: US lawmakers

Decision to limit LNG exports threatens national security: US lawmakers

A bipartisan group of nearly two dozen lawmakers told President Joe Biden that the recent decision to limit US liquefied natural gas (LNG) exports threatens the country’s national security, economy and clean energy goals. With upcoming EU sanctions expected to put a halt to all Russian gas imports, the importance of replenishing lost supplies will […]

BSE, NSE reduce daily trading limit on Paytm shares to 10% after market fall

BSE, NSE reduce daily trading limit on Paytm shares to 10% after market fall

NEW DELHI (Reuters) – India’s stock exchanges have cut the daily share trading limit for digital payments firm Paytm from 20% to 10%, after the stock plunged by $2 billion following a regulatory crackdown on the company’s banking unit. . Bombay Stock Exchange and National Stock Exchange said on their websites that the new 10% […]

Cut charges, increase PAN card transaction limit: Jewelery industry tells government

Cut charges, increase PAN card transaction limit: Jewelery industry tells government

“Reduction in import duty on gold will ensure that unscrupulous gray market players lose their edge and start becoming more organised,” he said. The gems and jewelery industry has urged to roll back the increase in basic customs duty (BCD) on gold imports in the upcoming interim budget and asked the government to introduce a […]

Government approval is required for IFSC listing of companies from border countries.

Government approval is required for IFSC listing of companies from border countries.

The rules state that founders and directors of companies seeking such listing should also not be prevented from accessing capital markets. According to rules issued on Wednesday, if a local company with shareholders from neighboring countries like China wants to list on exchanges registered in a new financial centre, Indian government approval will be required. […]

Canadian government announces two-year limit on number of student visas: report

Canadian government announces two-year limit on number of student visas: report

This decision of the Canadian federal government will have a big impact on Indian students. Notably, Indians are the largest group of international students in Canada, receiving more than 41 per cent of permits in 2022. In an effort to curb the impact of international students on housing and target institutional “bad actors”, Immigration Minister […]