Vishal Choudhury

The Factoring (Regulation) Amendment Bill, 2020- All You Need to Know

1 Comment / Economyria, Economyria Explainer, Indian Economy / By

The Rajya Sabha, on Thursday, passed the Factoring (Regulation) Amendment Bill, 2020 [amending the Factoring (Regulation) Act, 2011] to increase the participation of Non-Banking Financial Companies (NBFCs) in the factoring sector. Amid the Pegasus scandal, the reform went largely unnoticed. Nevertheless, it has significant implications for the micro, small and medium enterprises (MSME) sector, as …

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The New E-Commerce Rules and its Impact- Explained

2 Comments / Economyria, Indian Economy / By

On 23rd July 2020, the Central Government had notified the Consumer Protection (E-Commerce) Rules, 2020 [‘Rules’] under the Consumer Protection Act, 2019. Last month, the Government proposed draft changes to these Rules and sought stakeholder comments for the same. Recently, various industry associations and e-commerce entities have submitted their recommendations to these amendments and called …

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Daily News Updates- 22/07/2021

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[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] FDI Rules Changed to Aid BPCL Privatisation Foreign direct investment (FDI) is when a foreign company or individual makes an investment in India that involves either (i) establishing new business operations (known as green-field FDI) or (ii) acquiring …

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Daily News Updates- 21/07/2021

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[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] Demand for RERA in West Bengal Homebuyers have urged the West Bengal state government to implement the Real Estate (Regulation and Development) Act, 2016. What is RERA? The Real Estate (Regulation and Development) Act of 2016 (also …

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Daily News Updates- 15/07/2021

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[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] India’s WPI Inflation Reduces to 12.07% In a previous edition of Daily News Updates, we noted that “the Wholesale Price Index (WPI) [This index measures the price level of goods traded in the wholesale market] is soaring, …

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Daily News Updates- 12/07/2021

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[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] When will Sputnik Vaccine be rolled out in the country?   The Sputnik-V vaccine had received Emergency-Use Approval (EUA) in India in April itself. Dr. Reddy’s Laboratory launched the vaccine in May, but only as a pilot …

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