However, Deshmukh said the issue will come up for deliberations in the January 22 cabinet meeting. “We have to see how much the city police will be burdened if shops, eateries and malls are kept open through the night. After detailed deliberations, a decision will be taken,” Deshmukh told reporters. … [Read more...] about Final decision on keeping Mumbai’s malls, shops open 24X7 to be taken on January 22
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The decision will allow at least 25 malls, several other shops and restaurants across the city to stay open throughout. However, it is the choice of owners whether they want to keep them open 24X7, in view of the business benefits. The days on which the establishments will remain open round-the-clock will also be decided by the owner, said the report. … [Read more...] about Mumbai’s malls & eateries to run 24×7, move called by state tourism minister Aaditya Thackeray
Banks that have non-performing assets above 6 percent, have a capital adequacy ratio below 9 percent or have been loss-making for two consecutive years are put under PCA. Those under PCA face several restrictions including restrictions on non-core activities and lending. … [Read more...] about Budget 2019: Expect all banks to come out of PCA framework ‘soon,’ says Piyush Goyal
Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Union Budget FY19-20: Infrastructure ignored or overlooked?
“States are requested to take such measures so as to promote EV utilization. States are requested to create preferential policies for adoption of EVs through other incentives such as land allotment for charging infrastructure, mandating charging infrastructure in malls, housing societies and office complexes in addition to the public parking places," the ministry said. … [Read more...] about Centre doubles down on Budget speak, asks states for electric vehicles push