Bench delivered verdict on petition by ONGC that sought to terminate tribunal arbitrating commercial dispute between the public sector undertaking and construction company Afcons.
3 former judges who were arbitrating between ONGC & construction firm Afcons ‘unilaterally raised fees’ midway, according to the govt-run oil & gas major.
The ordinance scraping intellectual property and film certification tribunals is yet another case of the Modi government using a sledgehammer to crack open a difficult nut.
Centre has sought closure of proceedings against the Italian marines in view of an international tribunal ruling. But the SC insists on hearing the victims’ families first.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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