Category: Breaking News

The Confederation of All India Traders (CAIT) has accused e-pharmacies like PharmEasy, Medlife and 1mg of violating the Drugs & Cosmetics Act, 1940. In a letter to Union Minister Piyush Goyal, CAIT noted that the “sale of prescription drugs and medicines through online medium is illegal”. It further accused them of “capital dumping and deep discounting, leading to predatory pricing”.   There is repeated violation of Drugs & Cosmetics Act by selling pharmacy through their respective e-commerce channels which is adversely affecting the business of lakh of Medicine Retailers, Chemists…

BJP MP Sushil Kumar Modi has urged the government to enact a law to make tech companies pay local news publishers for their content. He said traditional and print medias in the country are passing through their worst phase with deep financial crisis in recent history as ads have shifted to tech platforms of Facebook, Google and YouTube. The government should enact a law on the pattern of Australian Code,” Modi further said.   Taking a cue from Australia, India should enact a law to make tech giants such as…

Finance Minister Nirmala Sitharaman had announced the proposal during her Budget 2021 presentation. This also comes after bank unions observed a 2-day strike to protest the privatisation. Now LIC employees to go for strike on Mar 18 to protest against the government’s proposal of disinvesting the insurer. of two public sector banks.   Banking services across India were affected over the past couple of days as public sector banks (PSBs) employees staged a two-day strike (March 15-16, 2021) to express displeasure over the government’s intent to privatise PSBs.   The…

P K Sinha, a retired IAS officer of 1977 batch, was appointed as Principal Advisor to the Prime Minister in September 2019, after a brief stint as an officer on special duty (OSD).   Sinha was made OSD to the prime minister in August 2019, after he had served four years as cabinet secretary. Sinha had also served as Secretary in the Ministry of Power.   Sinha has resigned just after a year and a half after of the appointment. Sources said, there is a possibility that Sinha could be…

The government plans to sell its residual stake in already privatised Delhi, Mumbai, Bengaluru and Hyderabad airports as part of the ambitious ₹ 2.5 lakh crore asset monetisation pipeline identified to raise additional resources, sources said. Sale of Airport Authority of India’s remaining stake in the four airports as also 13 more airports have been identified for privatisation in 2021-22 fiscal. Sources said, the issue is likely to go to the Cabinet for approval in the next few days. The AAI, which works under the Ministry of Civil Aviation, owns…

Shri Sudhanshu Pandey, Secretary, Department of Food & Public Distribution said, while addressing a Press Conference on “One Nation One Ration Card” (ONORC) plan. On this occasion Secretary also launches Mera Ration mobile app. This app will benefit especially those ration card holders who move to new areas for livelihoods. Shri Pandey said that the system which was started initially in 4 States in August 2019 has been swiftly rolled out in a very short span of time in 32 States/UTs by December 2020 and the integration of remaining 4…

India’s digital payments in India touches a newer height, and India is now positioned as the No.1 position in the cashless society as 79% of Indians believe going cashless would have a positive impact on their country and 47% of Indians have paid in cash less often since the Covid-19 outbreak.   The official NPCI-backed UPI system, have been showing huge spike, especially in the Covid-19 world for obvious reasons. The present government is also backing aggressively the drive for digital economy as rivals of NPCI are also now being developed. A question…

The Ministry of Electronics and Information Technology(MeitY) is looking to make changes to certain sections of the Information Technology (IT) Act to make social media intermediaries, such as Google,Facebook and Twitter, and OTT platforms, including Netflix and Amazon’s Prime Video, more accountable for the content shared through their platforms.   IT , Law and Justice minister Minister Ravi Shankar Prasad told the Rajya Sabha that the government was working to bring new rules to make social media intermediaries more responsive to the government’s directions as well as its law enforcement…

India’s ‘Metroman’ E Sreedharan joined the Bharatiya Janata Party (BJP) in Kerala, just weeks ahead of the state Assembly elections.   “A great day for Kerala which looks forward to politics based on development agenda. Welcome to BJP Metro Man,” the party’s Kerala handle tweeted. Sreedharan, last week had confirmed the news about his entry into BJP. On asking about his decision he said that he had been living in Kerala for the last ten years and tried his best to bring in development in the state but had met…

Ever rising in the fuel prices in the previous weeks has taken petrol to cross historic high levels of Rs 100 a liter in several cities across the country. It is a rising concern on why the Government is not in a position to control.   In Mumbai, the petrol price is just Rs 3 per liter short of (Rs 97.34 a liter) touching the three-digit mark of Rs 100 per liter for the very first time ever. Diesel price in the city is closing on Rs 90 a liter…