A plea that the banking regulator's stress should be on the strategic role of boards and an increase in the remuneration of independent directors were among the issues put forward to the Reserve Bank of India's (RBI's) top brass in its interaction with the full boards of state-run banks held on Monday. The meeting, the first leg of first-of-its-kind interactions with the boards of state-run banks, will now be followed by those of private banks in Mumbai on May 29. The RBI's press release, issued late on Monday, did not refer to the specific points that found mention in the deliberations, but top sources told Business Standard the twin concerns were taken up in the open-house interaction with the banking regulator's brass.
Stalin still enjoys a lot of sympathy and empathy as someone wishing well for the state, but not full-throated support as in 2019 and 2021, notes N Sathiya Moorthy.
Without naming Adani group specifically, the capital markets watchdog said in a statement that unusual price movement in the stocks of a business conglomerate has been observed in the past week.
'I believe that as we produce more, our cost will come down further. We will maintain our competitiveness.'
Gujarat BJP leaders on Friday said if the physician-turned-politician, once a member of the powerful Narendra Modi ministry in the state and rising star in politics, wants to return to active politics, the saffron party will definitely assign work to her.
e of them requires MPs to follow the norms including the Code of Ethics, which mandates them not to take gifts that may interfere with honest and impartial discharge of their official duties.
'Assam Rifles have prevented a large number of genocides and killings.'
The governor had opened a 'Peace Room' at the Raj Bhavan to address violence-related complaints from people in districts during the recently held panchayat elections.
The comments by MEA spokesperson Arindam Bagchi at a media briefing came following a question on a report that India Delhi held its first political dialogue with NATO in December 2019.
India's largest edtech firm Byju's will fire 1,000 employees in a fresh round of layoffs across departments. With the latest round, total job cuts at the company have mounted to around 3,500. According to sources, fresh job cuts are an attempt by the company to improve its finances and work towards a path to profitability.
rediffGURU and yoga expert Radhika Iyer offers advice on how yoga can help you improve your overall health and wellness.
The man who threw the petrol bomb was immediately overpowered, they said
The CRS has recommended that a drive should be launched to update the completion signalling wiring diagrams, other documents and lettering of signaling circuits at site.
About 281 cases have been taken up for investigation by the Directorate of Enforcement regarding suspected violations of foreign direct investment (FDI) norms all over the country during April 2019 to March this year, Parliament was informed on Wednesday. Necessary action as per provisions of Foreign Exchange Management Act, 1999 (FEMA) has been taken, which includes issuance of show cause notices, adjudication and imposition of penalty, Minister of State for Commerce and Industry Som Parkash said in a written reply to the Lok Sabha. In these cases, following the due process of adjudication, penalties of more than Rs 2,600 crore have been imposed under the FEMA, he said, adding the Reserve Bank of India (RBI) has done compounding of contraventions of FDI related FEMA provisions in total of 1,421 cases across the country during the last three years.
Following the arrest of six ministry of home affairs officials in the Foreign Contribution (Regulation) Act (FCRA) bribery case, the foreigners division of MHA has been overhauled to break the chain of deep-rooted network.
Adityanath visited his village for the first time in several years to attend any family function there.
For years, Congressman Brad Sherman, California Democrat, a senior member on the House Foreign Affairs Committee and the ranking Democrat on its Subcommittee on Terrorism has enjoyed the largesse of the Indian American community that has contributed generously to his campaign coffers.
Delhi Finance Minister Kailash Gahlot on Tuesday said the budget file has been resent to the home ministry for approval, amid a row between the Aam Aadmi Party dispensation and the Centre over the issue.
The Gujarat assembly election dates next month coincide with the marriage season, when a large number of people are likely to remain busy planning and participating in such events, wedding planners have said.
Nasdaq-listed information technology (IT) services firm Cognizant will incur the cost of $400 million over two years as it sets to restructure its operations amid sluggish growth rates. Its NextGen Program aims at simplifying the operating model, optimising corporate functions, and consolidating and realigning office space to reflect a post-pandemic hybrid work environment. As part of this structural shift, Cognizant will eliminate 80,000 seats, or 11 million square feet of real estate in large cities in India.
This is the fifth consecutive day that the Parliament has been adjourned without transacting any business since the second part of the Budget session began on Monday due to uproarious scenes in the House.
Union Home Minister Amit Shah introduced the bill in the Upper House of Parliament. He said the proposed legislation is aimed at providing effective and corruption-free governance in the national capital.
As Manipur sank deeper into ethnic violence, the Supreme Court on Monday ordered the setting up of a committee of three former women high court judges to oversee relief and rehabilitation of victims and compensation to them, besides asking former Maharashtra police chief Dattatray Padsalgikar to monitor the probe in criminal cases.
The Centre told the Supreme Court on Wednesday that almost every country, including India, was grappling with the problem of use of black money in elections and the electoral bonds scheme was a "conscious attempt" to eradicate the menace of "unclean money" in the poll process.
Nerves gave way to smiles at the spaceport in Sriharikota as delays and an anomaly-triggered 'hold' forced Indian Space Research Organisation (ISRO) scientists to revise the launch schedule of a test vehicle carrying payloads related to the country's ambitious human space flight mission, Gaganyaan which soared into skies after initial hiccups.
The sharp rally in the midcap stocks has made valuations expensive, and there is room for a correction, wrote Christopher Wood, global head of equity strategy at Jefferies in his latest note to investors, GREED & fear. The midcap index, Wood said, now trades at 24.1x 12-month forward earnings compared with 18.7x for the Nifty. Rising crude oil prices, he believes, are another worry for India, which imports nearly 80 per cent of its annual crude oil requirement.
'Israel has received an extremely hard and rude reminder that it cannot go ahead and talk of normalisation of relations with other Arab countries without addressing the issues pertaining to Palestine.'
State information and public relations minister Dr RK Ranjan said combing operations have been launched in all districts, particularly in vulnerable areas.
Former chief minister Jai Ram Thakur, who was on Sunday elected the leader of the Bharatiya Janata Party legislative party in Himachal Pradesh, hit out at the Congress, alleging its government was failing to deliver on poll promises and leaders were moving in different directions.
The court rejected all petitions, including that against the conduct of the party's General Secretary election.
The court directed her to intimate to it as well as the Enforcement Directorate at least three days before leaving the country instead of taking prior permission.
Heatwaves claimed more than 17,000 lives in 50 years in India, according to a paper authored by M Rajeevan, former secretary of Ministry of Earth Sciences, along with scientists Kamaljit Ray, S S Ray, R K Giri and A P Dimri.
The Afghanistan Embassy in New Delhi announced Saturday night that it is ceasing its operations from October 1, citing a 'lack of support from the host government', failure to meet expectations in serving Afghanistan's interests, and reduction in personnel and resources.
The Law Commission had on June 14 invited views from all stakeholders, including people and recognised religious organisations, on the politically sensitive issue.
Markets watchdog Sebi on Friday directed stock exchanges to impose "financial disincentives" on stock brokers for technical glitches at their end, amid instances of snags at the brokers' end impacting the overall trading system. Besides, the stock brokers would have to inform the bourses within one hour of any glitch happening in their trading sysstems as well as submit a preliminary incident report in one day. As part of tightening the regulations, Sebi also said that the bourses should disseminate on their websites the instances of technical glitches occurring in the trading systems of stock brokers along with the Root Cause Analysis (RCA) of such issues.
At a time when the BJP's stars are at the top on the eve of the Lok Sabha polls, the Puri-Joshimath Sankaracharyas may have kick-started a row whose efforts might be to divide Hindus, not in the name of castes, but on what passes for greater belief, observes N Sathiya Moorthy.
The WR is taking various measures including setting up disaster management rooms, help desks, and keeping relief trains ready.
'Students of Tier-II and Tier III engineering colleges in the south may find 2023 to be one of the toughest years for getting jobs.'
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
It is high time to rethink the entire recruitment process for the civil services, the Department-related Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice opined in its latest report.
