The government on Wednesday cautioned officers of retirement fund body EPFO against any delay in settlement of claims and updation of account, saying their performances would be closely "watched".
The banks also wanted disclosure of assets of Mallya's other close relatives and former relatives, including his ex-wife, which was objected by his counsel.
Normal life was on Thursday disrupted in Kashmir Valley due to a strike called by separatist groups to protest against the "proposed plans" to establish Sainik Colony, settlements for migrant Kashmiri Pandits and induction of new industrial policy in the state.
The government on Tuesday extended the deadline for filing income tax and GST returns, raised the threshold of default that could trigger insolvency of a company, and waived charges on cash withdrawals from ATMs of other banks as a precursor to a broader stimulus package for the economy distressed by the coronavirus outbreak.
National Stock Exchange index Nifty shot up 50 points to 4,756.45.
The Securities Appellate Tribunal adjourned the hearing on RIL plea against SEBI in the insider trading case, for the fourth time in a row, to July 22 as the company sought more time to file its response.
The South Asian nations could script a new history of cooperation and prosperity that could serve as an example for other nations, notes Dr Rahul Mishra.
This crisis has arisen just as demand in India's auto sector started seeing some sort of revival after the nationwide lockdown in March/April.
Jio's revenue increase was phenomenal in many circles: In Haryana, the RMS gain was 13 percentage points; in Bihar, 20 percentage points; in Odisha, 15 percentage points; and in Assam, 11 percentage points. However, incumbent telcos said this increase was only in three quarters, and it happened because of an order by the Telecom Regulatory Authority of India, which tweaked the definition of significant market player (SMP) for predatory pricing.
It is too early to judge if the fall in Nifty from an all-time high of 11,170 to February 12 closing of 10,539 is a big trend reversal or merely a short-term correction, says Devangshu Datta.
The 'Rating Level 4' means that the financial market regulators have all regulatory measures "fully in force"
Nifty continued to register successive new highs as it crossed the 9,200 mark on Friday
Indian IT workers accounted for nearly 90 per cent of visas issued under the intra-company transfer route
The road ahead will be long and winding and much resistance can be expected from the high-flying 'hawks' in our skies. But that should not deter the policymakers from planning a road map with the 'big picture' in mind, observes Ambassador M K Bhadrakumar.
Royalty terms with Danone for brand on the cards.
The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed.
Want last year's bonus? Sell our tickets: Jet Airways tells travel agents.
India was a very important strategic partner of the US, she said.
While seeking a deferment for a period of three months to enable both sides to explore possibilities of a negotiated settlement, the party also proposes to seek extension of three months for the high court judge Justice Dharam Veer Sharma, whose retirement on October 1 would otherwise necessitate the constitution of a fresh bench to hear the case.
Billionaire Anil Ambani on Wednesday called on Prime Minister Manmohan Singh at 7 Race Course Road for close to an hour but refused comments on the purpose of his meeting. The meeting comes within days of the Supreme Court rejecting his group firm Reliance Natural Resources Ltd's plea for cheap gas from Reliance Industries as had been decided in a private family agreement of 2005.
Mayorga's lawyer Leslie Stovall has claimed that she received a call from a woman 'having had a similar experience (like that of Mayorga's)', according to British media.
A photo symbolising "love and compassion" of an 85-year-old Brazilian woman getting her first embrace in five months from a nurse through a transparent "hug curtain" has been named the World Press Photo of the Year. This year, according to organisers, 74,470 images were submitted for judging, made by 4,315 photographers from 130 different countries. World Press Photo has been kind enough to allow to share some of this year's winning photos here with you.
About 1 million bank officers are expected to participate in the strike on May 30 and May 31
'A top Russian diplomat, Ambassador Alexander Aksenyonok told me in Sochi, Moscow is keen on a political settlement in Syria "as early as possible -- which is also our exit strategy",' says Ambassador M K Bhadrakumar.
The markets have opened in the positive terrain in line with global peers on account of buying interest seen in construction, pharma, banking and capital goods
The Bank Nifty is high beta anyhow and it could move the broader market.
Forex dealers said besides increased dollar selling by exporters, strength in other currencies against the American currency overseas also supported the rupee but a lower opening of the domestic equity market capped the gains.
From next year, workers in this category will need to have 12 months experience instead of six months as at present with their employer before they can be transferred to the UK, official sources said.
With the Mukesh Ambani-promoted Reliance Industries Ltd (RIL) planning to approach the Supreme Court, challenging a High Court order for selling gas at $2.34 per million British thermal unit (mBtu) to Reliance Natural Resources Ltd (RNRL), the chances of an agreement between the Ambani brothers by July 15 appear remote.
The country's largest insurer had been keen to run a bank for a long time to manage the large premium collection and claim settlement work.
'The use of military power to settle disputes is not always preferred and is the last preferred option, but it certainly remains an option.'
The Department of Heavy Industry has been undertaking appraisals of each loss making CPSE to assess the prospects of revival.
'A score of 750 and above is considered to be good, though these cut-offs can vary depending on the type of loan being sanctioned,' points out Arun Ramamurthy.
Velupillai Prabhakaran met with a violent death as he ignored pleas to shun violence and join the mainstream, by rejecting recent overtures from the Sri Lankan government for a peaceful settlement, a former close confidant of the slain LTTE chief said. "The body is of Prabhakaran's... there is no doubt about this... Though I am bit saddened that he is no more but the fact is he never listened to anyone," Karuna said.
Important for India was Xi's meeting with representatives of PLA officers and soldiers stationed in Tibet. The video of the encounter was interesting to watch, especially the large number of lieutenant generals and major generals, observes Claude Arpi.
Close on the heels of the Barack Obama administration approving reconciliation efforts with the moderate elements of the Taliban in Afghanistan, the United States has categorically ruled out any similar settlement with the al Qaeda. "We have no interest in any kind of reconciliation or any rapprochement by anyone with al Qaeda," US Secretary of State Hillary Clinton said. "Only the Taliban, we never said al Qaeda," she said.
While the court refused to order a stay on the AGM, it directed YES Bank to advance its board meeting by a month to June 27 and consider Gogia's appointment as a director on the bank's board.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Vishal Kampani said one of the important lessons he learnt from his father was to be humble.
The Nifty advanced 21 points to to close at 2,144. Reliance Energy vaulted 11.33% (Rs 67) to Rs 658. Reliance Industries zoomed 4.92% (Rs 30) to Rs 630.\n\n
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