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  1. Business News Highlights: SEBI extends timeline for social enterprises to submit annual disclosures, impact report

Business News Highlights: SEBI extends timeline for social enterprises to submit annual disclosures, impact report

Upstox

5 min read | Updated on October 07, 2024, 18:44 IST

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SUMMARY

Stay tuned for live updates on the latest business news, trends, and breaking developments on October 7, 2024.

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  1. SEBI extends timeline for social enterprises to submit annual disclosures, impact report

    Markets regulator SEBI on Monday extended the timeline to January 2025 for social enterprises, which have registered or mobilised funds through social stock exchange, to submit annual disclosures and 'annual impact report' for the financial year 2023-24.

    Social enterprises were required to make annual disclosures and submit 'annual impact report' to the Social Stock Exchange (SSE) by October 31, 2024.

    October 07, 2024, 18:42 PM

  2. India's domestic air passenger traffic to touch 300 million by 2030, says civil aviation minister

    India's domestic air passenger traffic is projected to touch 300 million by 2030 and about $11 billion is being spent to develop airports, Civil Aviation Minister K Rammohan Naidu said on Monday. Read more.

    October 07, 2024, 18:40 PM

  3. Centre starts selling tomatoes at subsidised rate of ₹65 per kg in Delhi

    The Centre on Monday started selling tomatoes at a subsidised rate of ₹65 per kg in the national capital to provide relief to the common man and check abnormal profits by intermediaries.

    Tomatoes are being sold at an average rate of ₹90 per kg in the national capital.

    October 07, 2024, 17:26 PM

  4. CIL’s future coking coal linkage auctions for steel sector to gain traction

    Coking coal linkage auctions by BCCL are expected to gain traction among steel producers after Coal India Limited (CIL) made the auction terms more industry-friendly to help India reduce imports, officials said on Monday.

    Steel majors have expressed satisfaction with the modifications made in the terms, stating they will participate in future rounds of auctions.

    Coking coal is a key raw material for steel making and most of its demand is met through imports.

    October 07, 2024, 17:25 PM

  5. India eases certain conditions for UAE in bilateral investment treaty, says GTRI

    India has eased certain conditions for UAE in the bilateral investment treaty by including portfolio investments and reduction in the local remedies exhaustion period from five years to three years in the pact, economic think tank GTRI said on Monday.

    The India-UAE Bilateral Investment Treaty (BIT) came into force on August 31 this year.

    The model BIT requires investors to attempt to resolve disputes through India's legal system for at least five years before seeking international arbitration.

    October 07, 2024, 14:08 PM