Restrictions Financial News

New Delhi: Industry body Retailers Association of India (RAI) on Monday said restrictions imposed on retail stores, malls, and restaurants during the upcoming G20 Summit, which is set to take place in Delhi from 08 September to 10th September, could hinder business in the capital. “While RAI commends the Delhi government’s decision to declare a three-day public holiday in the capital, they strongly advise revisiting the comprehensive shutdown of retail operations. Pledging complete adherence to any Standard Operating Procedures (SOPs) provided, RAI suggests a more measured approach to closures, potentially focusing on peak times or specific areas close to G20 venues like Lutyens Delhi," the association said in a note released Monday.

Cryptocurrency exchange Binance continues introducing more restrictions for its Russian customers on its peer-to-peer (P2P) trading platform.

China is set to lift the requirement for incoming travelers to provide a negative COVID-19 test result starting Wednesday. This move marks a significant milestone in the country's efforts to ease the stringent virus-related restrictions that have been in place since early 2020. The announcement was made by Foreign Ministry spokesperson Wang Wenbin during a briefing on Monday.

rice exporter, has now implemented restrictions on every variety of the grain that the South Asian nation ships overseas, measures that will tighten global supply even further. Over the past few days, India imposed a minimum price on shipments of basmati rice and put an export tax on the parboiled variety. The government of Prime Minister Narendra Modi has stepped up measures to tackle rising food prices ahead of an election early next year. The latest curbs are likely to ripple across the global market, with benchmark rice prices in Asia near the highest level in almost 15 years. Here’s a list of India’s measures on rice: Basmati

US Trade Representative (USTR) Katherine Tai on Saturday raised concerns related to India’s import licensing requirements for technological equipment during her meeting with commerce and industry minister Piyush Goyal. The two ministers agreed to explore this issue further and find a solution that addresses both countries’ concerns, commerce and industry ministry said in a statement. “She noted that there were stakeholders that needed an opportunity to review and provide input to ensure that the policy, if implemented, does not have an adverse impact on US exports to India,” USTR office said in a statement. India on August 3 restricted imports of these devices and put them under license regime. In a message on social media network X (formerly called Twitter), Goyal said he held a bilateral meeting with the US counterpart Tai.

G20 Summit in India next month. Delhi police are currently busy ensuring smooth traffic flow in the city as high-profile delegates, including heads of states, will gather in the national capital for the event. The G20 Summit is slated to take place on September 9-10 at the state-of-the-art Bharat Mandapam Convention Centre at Pragati Maidan.

By Elida Moreno and Marianna Parraga

The executive order regulates US investments in China in sensitive technologies. Investors, advisers and an administration official said it is tailored around national security and reflects months of consultations with industry and other stakeholders. Even so, the order, while narrow in scope as expected, is unprecedented.

airport during specific hours in the morning and evening on August 15, official said as reported by news agency PTI. However, there will be no impact on movement of scheduled flights on 15th August at the airport.

PwC partners who have recently left for rival consultancies say they are being hit with unreasonable restrictions that prevent them from providing services to new clients and withhold part of their pay to make sure they comply.

Also Read: Jammu & Kashmir: One terrorist gunned down as Army foils infiltration attempt in Poonch district The District Youth Services and Sports Office (DYSSO) in Ganderbal orchestrated a sequence of captivating events under the overarching theme of 'Meri Maati, Mera Desh'. A lively 'Prabhat Pheri' (morning procession) took place in Zone Kangan as part of the festivities.

The government’s Aug. 3 announcement means businesses will need an import license to bring items like laptops into the country — a sign that earlier incentives designed to increase domestic production had failed to gain traction. Specifically, a 169 billion rupee ($2 billion) plan to hand cash back to makers of computer equipment doesn’t seem to be garnering the levels of interest received for an earlier policy aimed at smartphone makers.

Oregon has extended rules restricting the number of crab traps in the water and how deep they can drop in the late-season months when humpback whales are more likely to swim there

Let's take a look at how certain countries are dealing with the problem: 1) Italy Italy has introduced entrance fees to some of its popular tourist attractions. This measure is being taken to to help control the number of visitors and generate revenue for local authorities. Venice now requires tourists to pay an entrance fee of €3 to €10 to access the city and its islands. This has helped in reducing the visitors and improve the quality of life for locals. 2) Greece Greece in a recent announcement said that they will be implementing time slot system in its most visited site, the Acropolis. Additionally, daily visits to the Acropolis will be limited to 20,000 individuals, with visitors being assigned specific hourly slots during the monument's 12-hour daily operation. Greece has also decided to charge entry fee to some of its tourist spots.

Directorate General of Foreign Trade (DGFT) on Friday announced that its decision to restrict the import of certain laptops and computers under HSN 8471 will come into effect from November 1, 2023.

Narendra Modi on Tuesday will visit Maharashtra's Pune city wherein he will be conferred Lokmanya Tilak National Award. Apart from this, The Prime Minister will also lay foundation stone for various development projects in the city. As per the statement issued by Prime Minister's Office (PMO), he will visit Pune at around 11 am and will perform 'darshan and pooja' at Shreemant Dagdusheth Halwai Ganpati Mandir in Budhwar Peth.

₹1 lakh on withdrawals. The RBI had in January 2022 directions restricted the Indian Mercantile Cooperative Bank to grant or renew any loans and advances, make any investment without prior approval of RBI in writing.

WASHINGTON (Reuters) — India's move to restrict exports of certain types of rice could help exacerbate food price inflation and should be reversed, International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Tuesday.

RBI) has imposed limitations on The National Cooperative Bank, one of Bengaluru's oldest institutions, due to its deteriorating financial status. The bank can now only pay depositors ₹50,000 across all accounts. Furthermore, the RBI has barred the bank from renewing loans, making investments, creating liabilities, making payments, or accepting new deposits.

Sebi) has asked all the listed companies to introduce an automated system that would restrain trading in shares by key personnel that have access to unpublished price-sensitive information. Companies will lay down a framework for developing a system to restrict the trading by designated persons by freezing the permanent account numbers in the depository system and the stock exchanges. The market regulator will implement this in phases, it said in a circular.

The Yamuna's level at 5 pm was recorded at 205.43 metres. However, it is still flowing above the danger mark of 205.33 metres.  A “slight rise" was recorded in the water level on Monday due to rains which lashed some areas of Haryana a day earlier.