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Economic Times
12-06-2025
- Business
- Economic Times
Finance Ministry eases rules for bonus share issue by companies in FDI-barred sectors
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The finance ministry has amended rules to allow Indian companies, engaged in sectors where the foreign direct investment (FDI) is barred, to issue bonus shares to their pre-existing non-resident the stakes of such shareholders must remain unchanged even after the bonus share issue, the ministry said while notifying the Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2025. The new rules take effect from June move, experts said, will allow the companies flexibility to go for equity restructuring and also improve capital management without breaching the extant FDI policy The notification comes after a similar relief was announced in the FDI policy in April by the Department for Promotion of Industry and Internal Trade (DPIIT) in ministry has now brought about the change by introducing a new sub-rule in the Foreign Exchange Management (Non-debt Instruments) Rules, notification also said any 'bonus shares issued to such shareholders prior to the date of commencement of this sub-rule shall be deemed to have been issued in accordance with the provisions of these rules' or some other related move is part of the broader government efforts to further liberalise the rules on equity investments to enable India to attract more foreign Jhunjhunwala, Sandeep Jhunjhunwala, partner at Nangia Andersen LLP, said the notification makes it clear that 'bonus issues done in the past would (also) get a retrospective benefit of this clarificatory amendment'.It also aims to remove any ambiguity over the retrospective application of such a relaxation introduced in the FDI policy by the DPIIT in April, he added. The ambiguity had arisen due to the fact that FDI rule changes are usually implemented secretary Ajay Seth had in February told ET that the finance ministry and the Reserve Bank of India were in talks to further ease foreign exchange rules, especially with regard to non-debt instruments, and update them to modern that sector-specific limits for FDI have already been substantially relaxed, the government is turning its attention to easing restrictive regulations to woo foreign investors amid global scaled a peak of almost $85 billion in FY22, total FDI inflows into India fell over two years to touch $71 billion in FY24. It again rebounded to $81 billion last fiscal.
Hindustan Times
27-04-2025
- Politics
- Hindustan Times
Amid tension with Pak, media asked to refrain from live coverage of defence ops
Amid escalating tension with Pakistan since the Pahalgam terror attack on April 22, the Government of India on Saturday asked media outlets to refrain from live coverage of defence operations and the movement of security forces. The ministry of information and broadcasting, in an advisory, contended that such reportage might inadvertently help hostile elements. 'In the interest of national security, all media platforms, news agencies, and social media users are advised to exercise utmost responsibility and adhere strictly to existing laws and regulations while reporting on matters concerning defence and other security-related operations,' the advisory read. 'Specifically: No real-time coverage, dissemination of visuals, or reporting based on 'sources-based' information related to defence operations or movement should be undertaken,' it said. 'Premature disclosure of sensitive information may inadvertently assist hostile elements and endanger operational effectiveness and the safety of personnel,' it said. The advisory added, 'Past incidents have underscored the importance of responsible reporting. During events such as the Kargil War, the 26/11 Mumbai terror attacks, and the Kandahar hijacking, unrestricted coverage had unintended adverse consequences on national interest. 'Media, digital platforms, and individuals play a vital role in safeguarding national security. Apart from the legal obligations, it is a shared moral responsibility to ensure that our collective actions do not compromise ongoing operations or the security of our forces. 'No programme should be carried in the cable service which contains live coverage of any anti-terrorist operation by security forces, wherein media coverage shall be restricted to periodic briefing by an officer designated by the appropriate government, till such operation concludes,' it stated The ministry describes such telecast as violation of the Cable Television Networks (Amendment) Rules, 2021. Pakistan ups deployment along Jammu border Meanwhile, Pakistan has beefed up the deployment of Chenab Rangers along the 200-km border in Jammu region, people familiar with the development said. 'Pakistan has increased the presence of its men opposite Kathua, Samba and Jammu border. Additional deployment of men from 13 Chenab Rangers opposite Jammu and 14 and 26 Chenab Rangers opposite Samba and Kathua districts, respectively, have been made,' official sources said, adding: 'Earlier, Pakistan posts opposite Jammu border had two to three Rangers but now their number has gone up to 10 to 12 in each post.' The border in the region starts from Paharpur adjoining Kathua and runs up to Akhnoor sector in Jammu district.
New Indian Express
26-04-2025
- Politics
- New Indian Express
I&B Ministry cautions media outlets against live coverage of defence operations in Pahalgam
NEW DELHI: The Indian Ministry of Information and Broadcasting (MI&B) on Saturday issued an advisory requesting media outlets, especially television news channels, to refrain from showing live coverage of defense operations related to the The ministry urged news agencies, social media users and all media platforms to exercise "utmost responsibility and adhere strictly to existing laws and regulations" while reporting on matter concerning defence and other security related actions "in the interest of the national security." The ministry further stated that specifically 'no real-time coverage', dissemination of visuals, or 'source-based reporting' should be undertaken. "Premature disclosure of sensitive information may inadvertently assist hostile elements and endanger operational effectiveness and the safety of personnel… Past incidents have underscored the importance of responsible reporting. During events such as the Kargil war, the 26/11 Mumbai terror attack, and the Kandahar hijacking, unrestricted coverage had unintended adverse consequences on national interests," read the advisory. On April 22, 2025, terrorists opened fire in Pahalgam's Baisaran meadow, killing 25 tourists, one local, and injuring several others. Noting that media, digital platforms, and individuals play a vital role in safeguarding national security, the ministry said that besides legal obligations, it is a 'shared moral responsibility' to ensure that our collective actions don't compromise ongoing operations or the security of our forces. Drawing attention towards the Cable Television Networks (Amendment) Rules, 2021, the advisory said that such a telecast is in violation of those regulations and the violators are liable for action. 'Media coverage may be restricted to periodic briefing by an office designated by the appropriate Government till such operation concludes. All stakeholders are requested to continue exercising vigilance, sensitivity and responsibly in courage, upholding the highest standards in the service of the nation,' the advisory stated.
Hindustan Times
23-04-2025
- Health
- Hindustan Times
Odisha Cabinet sets graduation as minimum qualification for Anganwadi workers
Bhubaneswar: The Odisha Cabinet on Wednesday approved a graduation degree as the minimum educational qualification for the selection of Anganwadi workers, under the Odisha Children's and Women's Welfare Service (Amendment) Rules, 2025. Chaired by chief minister Mohan Charan Majhi, the Cabinet approved the amendment stipulating that candidates applying for the junior grade of service as Anganwadi workers must possess a graduate degree or an equivalent qualification from a recognised university. However, the amendment will not apply to existing Anganwadi workers, who will continue to be governed by the qualifications set under the previous rules, chief secretary Manoj Ahuja clarified. 'This initiative will strengthen the service delivery mechanism, quality management in implementation of the schemes meant for well-being of women and children being administered by the State,' he said. Also Read: Over 2 lakh vacancies at Anganwadi Centres: Centre tells Parliament Under Odisha's Integrated Child Development Services programme, Anganwadi workers are entrusted with delivering essential health, nutrition, and education services to children under six, pregnant and lactating mothers, and adolescent girls. Anganwadi workers provide non-formal pre-school education to children aged three to six years, teaching basic literacy, numeracy, and social skills through play-based activities and action songs. They ensure supplementary nutrition, such as hot-cooked meals or take-home rations, monitor growth by weighing children monthly, and counsel mothers on balanced diets and breastfeeding. They also facilitate immunisations, health check-ups, and distribute basic medicines like oral rehydration salts. Also Read: Anganwadi workers: Key to strengthening nutrition in India Apart from conducting house-to-house surveys to identify eligible beneficiaries, raise awareness about hygiene, and encourage community participation, Anganwadi workers hold monthly parents' meetings to discuss child development, record births, and refer cases of malnutrition to health facilities. With the help of the Poshan Tracker app to collage real-time data on childcare and growth, Anganwadi workers have maintained detailed registers on attendance, nutrition distribution, and health metrics since 2021.
