SC rejects JSW resolution plan for Bhushan Steel

SC rejects JSW resolution plan for Bhushan Steel

The Supreme Court further directed the National Company Law Tribunal to initiate liquidation proceedings against BPSL. | Photo Credit: SHASHI SHEKHAR KASHYAP The Supreme Court, in a judgment, on Friday rejected the resolution plan submitted by JSW Steel for Bhushan Power and Steel Ltd (BPSL). The National Company Law Appellate Tribunal had previously approved the … Read more

FSSAI floats consultation paper on making state or central licensing mandatory for certain products

FSSAI floats consultation paper on making state or central licensing mandatory for certain products

The Food Safety and Standards Authority of India (FSSAI) has floated a consultation paper proposing to restrict permission for manufacturing certain products to food business operators holding state and central licenses only. These products include infant food products, sweetened condensed milk, packaged drinking water , mineral water and milk powders. The Authority has sought comments … Read more

Tariff uncertainty seen slowing US job growth in April

Tariff uncertainty seen slowing US job growth in April

Despite resilient labour hoarding and solid wage growth, business sentiment is deteriorating, and some sectors—like airlines and automakers—are already revising forecasts downward.  | Photo Credit: Chase Castor/Reuters U.S. job growth likely slowed in April amid heightened economic uncertainty because of President Donald Trump’s aggressive tariff policy, though companies continued to hoard workers, keeping the labor … Read more