Updates

Future of Jobs Report 2025

future of jobs report 2025

Future of Jobs Report 2025 has been released by the World Economic Forum (WEF) It was published by the World Economic Forum (WEF). It is a result of data gathered from more than 1,000 leading global companies, collectively representing over 14 million workers across 22 industry sectors and 55 economies from across the world. Highlights: Job disruption will equate to […]

Prime Minister highlighted Pivotal Role of ONDC in Revolutionizing Digital Commerce

Prime Minister highlighted Pivotal Role of ONDC in Revolutionizing Digital Commerce

Open Network for Digital Commerce (ONDC), a public online network for merchants and customers, allows e-commerce platforms to interconnect and interoperate. The Open Network for Digital Commerce (ONDC) is a transformative initiative by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce, Government of India aimed at democratizing digital commerce. Launched in April 2022,

DGFT notified amendment in the Foreign TradePolicy (FTP), 2023

Govt amends Foreign Trade Policy, 2023

The Amendment has provided legal backing in the FTP to make it necessary to do consultation with stakeholders including importers/exporters/industry experts concerning the formulation or amendment of the FTP. The Directorate General of Foreign Trade (DGFT) on Thursday notified amendment in the Foreign Trade Policy, 2023 to include Para 1.07A and 1.07B  to bring legal

After New Tax Ruling Family Trusts Less Flexible

after new tax ruling family trusts less flexible

Family trusts, often used to ring-fence wealth and enable smoother succession planning by ageing patriarchs of Indian households, will not have the freedom to add cousins, nephews, niece, or other `non-relatives’ as ‘beneficiaries’ in future. If a trust deed gives trustees the liberty to include such persons even years later, the trust could be taxed

World Intellectual Property Indicators 2024report

World Intellectual Property Indicators 2024

According to report, India experienced significant growth in intellectual property filings, with patents filings doubling between 2018 and 2023. The World Intellectual Property Organization (WIPO) has published the World Intellectual Property Indicators (WIPI) 2024, underscoring global trends in intellectual property (IP) filings. The report reveals significant growth in patent, trademark, and industrial design applications across

Union Cabinet approved PM-Vidyalaxmi scheme

Union Cabinet approved PM-Vidyalaxmi scheme

The Union Cabinet on Wednesday approved the PM-Vidyalaxmi scheme to provide monetary support to meritorious students so that financial constraints do not prevent them from pursuing quality higher education, Union Minister Ashwini Vaishnaw said. The Union Cabinet has approved the PM-Vidyalaxmi scheme for financial assistance to students applying for higher education. The scheme will get

All private properties cannot form part ofthe material resources of the community:Supreme Court (SC)

Article 39(b)

Article 39(b): All Private Properties Cannot Form Part of the ‘Material Resources of the Community’, Supreme Court On November 05, 2024 (Yesterday), the Supreme Court (SC) of India delivered a long-awaited decision on the question ‘whether private resources fall within the definition of material resource of the community under Article 39(b) of the Constitution of