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LIVE: ED chief gets one-year tenure extension till November 18, 2022
This, days after the Centre brought ordinances to allow ED and CBI directors to occupy the office up to five years
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Today News | India economy | Fitch Ratings
BS Web Team |
Last Updated at November 17, 2021 20:43 IST
EVENT HIGHLIGHTS
The office of Enforcement Directorate (ED). Photo: Suryakant Niwate
Latest live news: The government must convince farmers against stubble burning, the Supreme Court said on Wednesday, highlighting that it does not want to punish them while Delhi and neighbouring cities see an escalating air quality crisis.
Fitch retained India’s ratings at the lowest investment grade (BBB-) and outlook on them at negative due to high debt and limited fiscal headroom of the central and state governments. Moody’s Investors Service had recently upgraded outlook to stable from negative.
"We do not want to penalise the farmers. We have already asked the centre to pursue and request those farmers to not burn stubble at least for a week," Chief Justice NV Ramana said today, according to NDTV.com.
The court asked the governments of Delhi and NCR states to comply with decisions taken in a meeting on Tuesday to ease air pollution. It will again hear the matter Wednesday next week.
Fitch retained India’s ratings at the lowest investment grade (BBB-) and outlook on them at negative due to high debt and limited fiscal headroom of the central and state governments. Moody’s Investors Service had recently upgraded outlook to stable from negative.
Mensa Brands, which invests in digital brands, raised $135 million at a valuation of around $1.2 billion, it said on Tuesday, making it the fastest Indian startup to reach unicorn status. Mensa is the 36th start-up to achieve unicorn status in 2021 in India.
The Delhi High Court on Tuesday told India's antitrust body it has two weeks to decide whether Amazon misled authorities while seeking approval for a 2019 deal with Future Group, said a group of retailers. Amazon and Future, India's second-largest retailer, have been locked in a legal battle since last year. The e-commerce giant successfully blocked Future's bid to sell its retail assets to rival Reliance for $3.4 billion, accusing its partner of breaching some pre-existing agreements.
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