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Delhi Rent Control Act anachronistic legislation: Delhi HC
The Business Guardian
|July 04, 2025
The Delhi High court has called the Delhi Rent Control Act an "anachronistic piece of legislation", the "egregious" misuse of which has forced property owners into desperate circumstances as well-off tenants "unjustly occupy premises for decades on-end".
Justice Anup Jairam Bhambani was hearing petitions against the 2013 orders of the additional rent controller (ARC) that dismissed eviction petitions of the UK and Dubai-based owners of a property in Sadar Bazar and ruled in favour of tenants.
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The Business Guardian
‘Capex, Opex subsidies in mineral scheme to boost recycling infra’
Provision of both capital expenditure (Capex) and operational expenditure (Opex) subsidies under Rs 1,500 crore incentive scheme for Critical Mineral Recycling will accelerate the establishment of advanced recycling infrastructure, said industry body India Energy Storage Alliance (IESA) while welcoming the Centre's move.
2 mins
September 21, 2025
The Business Guardian
Why 2 nm chips matter in India’s chip revolution
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2 mins
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The Business Guardian
GOVT ACTIVATES PORTAL FOR GST COMPLAINTS
The Ministry of Consumer Affairs, Food & Public Distribution on Saturday announced the activation of a dedicated category on the INGRAM portal to handle anticipated consumer queries and complaints on the National Consumer Helpline (NCH), following the implementation of revised GST charges, rates, and exemptions effective from September 22.
2 mins
September 21, 2025
The Business Guardian
GST CUTS TO BOOST ECONOMY, BUT REVENUE LOSS COULD HIT BANKING SECTOR
While the government has estimated an annual revenue loss of about Rs 480 billion, due to the reduced Goods and Services Tax (GST) rates on various products, a recent report by Systematix Research has pegged the figure much higher, at nearly Rs 1.2 trillion.
1 mins
September 21, 2025
The Business Guardian
Ahead of IPO, Ganesh Consumer Products raises Rs 122 crore
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1 min
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The Business Guardian
Third round of India-New Zealand FTA negotiations concludes
The third round of negotiations for the India-New Zealand Free Trade Agreement (FTA) concluded successfully on Friday in Queenstown, New Zealand.
1 min
September 21, 2025
The Business Guardian
'Capex, Opex subsidies in mineral scheme to boost recycling infra'
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1 min
September 21, 2025
The Business Guardian
Zelio E-Mobility gets Sebi nod for Rs 78-cr IPO
Electric vehicle maker Zelio E-Mobility Ltd on Friday said it has received approval from capital market regulator Sebi for its SME IPO to raise Rs 78 crore.
1 min
September 21, 2025
The Business Guardian
US' H-1B fee move can have ripple effects on US innovation system
Indian IT industry body Nasscom has expressed concerns following the White House’s September 19 announcement of anew USD 100,000 annual fee on H-IB visa applications, calling the move potentially disruptive to global business continuity and the innovation ecosystem in the United States.
2 mins
September 21, 2025
The Business Guardian
FIRST PRIVATE SECTOR GOLD MINE SET TO BE COMMISSIONED SOON
India's first private sector gold mine at Jonnagiri in Andhra Pradesh, developed by Geomysore Services and Deccan Gold Mines, is set to be commissioned soon.
2 mins
September 21, 2025
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