'Presumption of innocence must guide all formal actions, but transparency must not be mistaken for pre-judgment.' 'The cruel irony, however, is that Justice Varma is a fine judge who enjoys a reputation for writing well-reasoned judgments.'
Patrick Graham's crime documentary The Dupatta Killer gives all sides of the story and leaves it to the viewer to fill in the blanks, notes Deepa Gahlot.
'The answer is not for me to give. The answer either way has to be heard from the industry itself. Tell us why not if you are not doing it; tell us if you are doing it -- why should this question remain unanswered?'
The deadline for officers to decide on their career path in the biggest organisational rejig in the central bank's 85-year history ends on January 31. The immediate fallout could be its disruptive impact on the supervisory process for 2020 -- and beyond -- given the manpower shortfall, even as more entities are set to come under closer central bank scrutiny.
Bangladesh's top legal official has proposed to remove the words 'secularism' and 'socialism' from the Constitution apart from a provision prescribing capital punishment for regime change through extra-constitutional means.
A day after the US Congress passed the landmark Healthcare Reform Bill, the US President, Barack Obama, today said his administration is a step closer towards the passage of the real Financial Reform Bill
Former Yorkshire County Cricket Club chairman Colin Graves apologised to anyone who suffered racism at the club.
The central government plans to usher in second generation legal reforms that would eliminate litigation delays sharply in India. It would also like to put in place a legal regulatory regime and an oversight mechanism for the smooth functioning of the judiciary without infringing on the independence of the institution.
IMF, which has also lowered its global economic growth forecast for 2016 and 2017 by a marginal 0.1 per cent to 3.1 and 3.4 per cent respectively, recommended six 'reform priorities' for India
There are multiple laws dealing with insolvency in India, which lead to delays.
CONCACAF, the corruption-plagued soccer organisation for North and Central America and the Caribbean, could face dramatic consequences, including being disbanded, if it fails to reform, the organisation's lawyers have told its members.
Increasing female economic participation by ensuring equal work opportunities for women and expanding access to education and skills training for female entrepreneurs.
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
The need for finding options for proper functioning of Parliament is of paramount importance as the frequency of the passage of Budgets and other economic Bills without discussion or debate has only increased in the last few years, notes A K Bhattacharya.
Government think-tank body Niti Ayog CEO Amitabh Kant supported the industry demand and called for setting up of a single window clearance system for expeditious approval of projects. Start-ups and small medium enterprises requested the prime minister to provide support in low-cost capital at the virtual launch of space and satellite industry body Indian Space Association (ISpA).
There is no reason for keeping an entire ministry with a total staff strength of 2,300, just for the oversight of a few aviation sector laws and regulatory bodies, notes A K Bhattacharya.
In all this, the political establishment -- and especially the finance ministry -- appears the weakest link, and worse still, the possible reason for the political backing to Narain and Ramkrishna that emboldened them to defy all the sentinels -- the independent board, the auditors, top management persons like the chief compliance officer, the company secretary, and unbelievably the super-regulator Sebi, observes V Ranganathan.
An independent report last week said the IWF was plagued by decades of corruption orchestrated by autocratic former president Tamas Ajan.
The decision assumes significance in the wake of a scam in the PMC Bank affecting lakhs of customers who are facing difficulties in withdrawing their money due to restrictions imposed by the Reserve Bank of India.
Assessment note says panel acts as control commission, especially in fund allocations to states.
India has a unique window of opportunity to effectuate long-lasting structural change in its banking sector, says Riju Agrawal.
Harris recounted how she and her team got a call that Biden wanted to talk and then got another call where she was told Biden wanted to do a zoom call. She described how she went in "our little makeshift office" and then when the call started Biden immediately asked her to join the ticket. After referring to her mother, Harris also described how husband Doug Emhoff's ear was on the door outside the room listening in on the call. Eventually Jill Biden and Emhoff joined the call with Biden and Harris.
The Supreme Court-appointed committee headed by former CJI RM Lodha, who has been assigned to make administrative reforms in BCCI, has sent out a questionnaire containing more than 80 queries under seven sub-heads to office-bearers of the cricket body.
Five years after the catastrophic collapse of the Wall Street, the American economy is growing and the businesses are creating jobs, Obama said yesterday while nominating Timothy Massad to run the Commodity Futures Trading Commission.
At present, Indian indices are under-performing as compared to others and a package from the government can help cover the ground.
Experts say, auditors must not allow themselves to be intimidated by the client management into conducting audits by conversation. It is important for auditors to conduct proper interviews and ask probing and searching questions.
'The banks cannot pass on the hike in premiums to its customers, according to the norms. The premium won't go up substantially in any case and may be hiked to 12-13 paise (per deposit of Rs 100 a year),' Finance Secretary Rajiv Kumar said.
'In the short-term, the markets may be affected' by the review but 'it will help address what they are worried about which is why we need transparency,' says former chief economic advisor.
Policy discussions now should urgently focus on the road map for serious economic and institutional reforms to put India on a sustained high growth trajectory like the Chinese economy, says Jayanta Roy.
The current H-1B minimum wage of USD 60,000 was established in 1989 and since then has remained unchanged.
The Supreme Court on Wednesday said it would hear after two weeks the applications which have raised issues relating to the Board of Control for Cricket in India. The matter came up for hearing before a bench comprising Chief Justice S A Bobde and Justice L Nageswara Rao.
A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business.
The landmark bill to liberalise the insurance industry, which marks Prime Minister Narendra Modi's first stab at legislative reforms, will now go to a parliamentary committee, which will submit a report later this year.
Tension between the government, specially the finance ministry, and RBI is as old as the central bank itself.
'The two-word answer is: Proper oversight,' says T N Ninan.
The CDS will have a significant role in higher defence planning and operational aspects of India's nuclear arsenal.
The most common complaint of financial consumers is cumbersome processes, complicated products, usurious charges, and mis-selling of products, which finally don't deliver what is promised or as expect, notes Debashis Basu.
Former Test umpire and Hampshire cricketer John Holder is among those who have called for an independent inquiry into the dearth of non-white match officials in English cricket.
"Why is it that whenever there are no political overtones to a case, the CBI does a good job?" he said.
