SC on Loan Moratorium: A Supreme Court bench comprising of three judges said judicial review is not possible on economic policy matters. The Supreme Court has pronounced its judgment on a batch of pleas related to the six-month loan moratorium period, stating that it cannot allow waiver of complete interest and extension of the moratorium. […]
SC’s action may clear way for electricity futures in India
After years of delays, India may soon open a derivatives market for the power sector allowing both power generators and consumers to enter into futures contracts and use it as a new hedging tool to mitigate price volatility and other associated risks. New Delhi: After years of delays, India may soon open a derivatives market […]
SC, Maharashtra AAR rulings to up solar project cost by 25%
SC, Maharashtra AAR rulings to up solar project cost by 25% Mumbai: The rulings of the Supreme Court and the Maharashtra Authority for Advance Ruling (AAR) on levying 25 percent safeguard duty and 18 percent GST on contract value, respectively, will result in a 25 percent increase in the cost of solar projects, according to […]
