RBI's death sentence on finance firms
During the last few weeks, several non-banking financial companies (NBFCs) have received orders from the Reserve Bank of India (RBI) stating that their application for registration has been rejected which effectively means that they have to close down their business.

Safeguard duty -- Feeling seriously injured, so what?
Section 8B of the Customs Tariff Act, 1975, empowers the Government to impose safeguard duty if it is satisfied that any article has been imported in such increased quantities and under such conditions so as to cause or threatening to cause serious injury to the domestic industry.

From rope trick to rupee trick
The sudden downturn of the rupee, says Governor Bimal Jalan, has flummoxed the Reserve Bank. The fundamentals are good:forex reserves are large, and the current account deficit is small, and so forth.But the sense of deja vu is undeniable.

Revision of registration fees -- DCA violates norms
In a flagrant abuse of power delegated by the legislature, the Department of Company Affairs (DCA) has revised, by notification SO 419(E) dated April 27, 2000 the fees payable for registration of Companies as required under Section 574 of the Companies Act, 1956.