Introduction As Virtual Digital Assets (VDA) gains more adoption, the risk of falling victim to payment scams leading to exploiting the allure of digital assets is also increasing. These frauds and security breaches are nowadays becoming more common, thereby questioning the adaptability of VDA.With the growing issues about scams, the [...]
Introduction: The global landscape is witnessing a remarkable shift in trade dynamics, as inter-se trade and commerce between Europe and India present unprecedented opportunities. This burgeoning relationship has the potential to transform the world, benefiting the organizations involved and paving the way for a robust partnership. In this blog, we [...]
With more than 8 lakhs confirmed cases in the country and rising deaths across the country, the deadly disease has caused and continues to cause unprecedented turmoil in the political, social, and economic environment globally. India is no stranger to this as the country is still reeling from the lockdown [...]
The Apex Court has amended its norms for accreditation of journalist or correspondents reporting on the proceedings of the cases. The amendment norms confer on the Chief Justice of India, to exercise his discretion, in the appropriate case, to waive the condition for possessing Law degree, in case a working [...]
Insurance for mental health and genetic disorders will be standardized and introduced as part of basic mediclaim policies. The IRDAI on March 19 mandated insurance for genetic disorders after a Delhi High Court order called such exclusions illegal. It, however, put the circular on hold after the Supreme Court granted [...]
The government has advised banks to start a common platform for auctioning defaulters’ seized properties to attract competitive bids and increase recoveries from the sale of such assets. Public sector banks, along with the Indian Banks’ Association, are steering the initiative to launch an e-auction website which will have standardized [...]
The Competition Commission of India will probe super-specialty hospitals in New Delhi for possible unfair pricing in services and products provided to their patients. After finding that “huge profit margins” are being earned by super-specialty hospitals through “sale of products to the locked-in in-patients”, the fair trade regulator has decided [...]
IDBI Bank Ltd. has moved the National Company Law Tribunal against Reliance Naval and Engineering Ltd. seeking debt resolution under the Insolvency and Bankruptcy Code. Reliance Naval owes Rs 5,349.17 crore to a clutch of lenders as on March 2018 of which the dues to IDBI Bank alone is about [...]
The Supreme Court on Friday questioned the proposal made by UIDAI (Unique identification authority of India), which handles over 1223,827,192 Aadhar cards, to hire a social media agency to monitor various social media platforms. Dealing with the PIL filed by Trinamool Congress MLA Mohua Moitra, a bench of Chief Justice [...]
The government has unveiled a landmark policy allowing commercial use of drones. In the initial phase, however, the operation will only be allowed along the visual line of sight during the day-time and strictly not above 400-metres. The policy also requires drone operators to secure registration and a unique identification [...]