Category Archives: News

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Texas introduces Anti-Syrian Law

NEWS SCAN One of the bill’s co-authors Representative Jeff Leach (R-Plano) thanked the governor, who signed HB 45 on Wednesday. Leach called the law “vitally important bill to further safeguard and protect our Constitutional rights!” In the last legislative session, Leach authored the comparable yet

Karnataka Govt. proposes Bill to carry over unspent SC/ST funds tabled

NEWS SCAN BENGALURU: In a bid to consolidate its core dalit vote bank ahead of the 2018 assembly polls, the Karnataka government on Monday proposed that unspent funds earmarked for SCST welfare in the budget be carried forward to the next financial year. Social welfare minister H Anjaneya tabled a bill to

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WHAT IS UPI APP: UNIFIED PAYMENT INTERFACE OF INDIA

Unified Payments Interface (UPI) is a payment system launched by National Payments Corporation of India and regulated by Reserve Bank of India which facilitates the fund transfer between two bank accounts on the mobile platform instantly. UPI (Unified Payments Interface) is an advanced version of Immediate Payment Service(IMPS) platform designed for

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The Banking Regulation (Amendment) Ordinance, 2017

  The Banking Regulation (Amendment) Ordinance, 2017 was promulgated on May 4, 2017.  It inserts provisions in the Banking Regulation Act, 1949 to handle cases related to stressed assets.  Stressed assets are loan accounts where the borrower has defaulted in debt repayment or where the

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THE SCHEME OF FAST TRACK COURTS

The Eleventh Finance Commission recommended a scheme for creation of 1734 Fast Track Courts (FTCs) in the country for disposal of long pending Sessions and other cases. The Ministry of Finance sanctioned an amount of Rs.502.90 crores as “special problem and upgradation grant” for judicial

FIRST LAW COMMISSION REPORTS

HISTORY: Law Reform has been a continuing process particularly during the last 300 years or more in Indian history. In the ancient period, when religious and customary law occupied the field, reform process had been ad hoc and not institutionalised through duly constituted law reform agencies. However,

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French president Macron to unveil new cabinet after parliamentary win

NEWS SCAN The French president, Emmanuel Macron, will announce a new cabinet within days after his start-up centrist political movement swept to a commanding majority in parliamentary elections on a promise of renovating the country’s politics.The prime minister, Édouard Philippe, resigned on Monday as required