Leaving it to Parliament the issue of amending laws to provide heavier penalty on banks indulging in such acts, RBI Governor D Subbarao also dismissed perceptions that the central bank was going soft on errant banks.
Bangladesh is in turmoil, which is not good news for India, which shares a porous 4000 km border with it. There is a danger of fundamentalism growing there, and India has to move in to reset its ties with the new dispensation before China and Pakistan make capital out of it, alerts Ramesh Menon.
The opening ceremony has been created by British screenwriter Steven Knight, who had produced the famous crime drama 'Peaky Blinders'.
There is startling accuracy to Dibakar Banerjee's portrayal, notes Sukanya Verma.
With a string of controversial videos made in Delhi Metro trains and premises going viral in the last several months, Delhi Metro Rail Corporation (DMRC) chief Vikas Kumar has appealed to people to refrain from engaging in 'objectionable' activities and said steps were being taken to curb such incidents.
The DGCA has derostered the Air Traffic Controller (ATC) who was on duty at the time of the incident on Saturday, while IndiGo has initiated a probe into the matter
The Supreme Court on Friday quashed the appointment of the vice chancellor of APJ Abdul Kalam Technological University in Thiruvananthapuram, terming it bad in law and contrary to UGC regulations.
She has been capturing the attention of fashion enthusiasts with her free-spirited wardrobe.
The initial public offerings (IPOs) by small and medium enterprises (SMEs) hit a new high in 2023-2024 (FY24). In this financial year, data from the Prime Database showed that 190 companies raised Rs 5,579 crore through the SME IPO route. This financial year's tally bettered the fundraising in the previous financial year when 125 companies raised Rs 2,235 crore.
It's the same sourcing norms that have been a hurdle for multinationals such as Apple Inc in setting up retail operations in India.
The 17th Lok Sabha, which was dissolved on June 5, did not have a deputy speaker for its full term, and it was the second consecutive term of the lower house without an LoP.
The government wants the RBI to part with most of its profit as dividend.
From the early pioneers to today's global superstars, the Olympics have captured hearts and minds, shaping cultures and inspiring generations.
Another season of these legal antics would be welcome, applauds Deepa Gahlot.
The ongoing weakness in the broader equity market is likely to weigh on primary market investor participation ahead, which has already begun showing signs of fatigue, analysts said. The spillover effect, they say, will continue as long as the midcap and smallcap segments remain volatile. "The effect will be felt in the IPO market. The subscription levels have come down in the last few days and recent 4-5 IPOs have not done well.
Aviation watchdog Directorate General of Civil Aviation (DGCA) has asked Vistara to submit a daily report on flight cancellations and delays as the Tata group airline cancelled more than 50 flights for the second straight day on Tuesday amid non-availability of pilots.
Vidwath Kaverappa dismissed Faf du Plessis and Will Jacks but had Virat Kohli dropped twice off his bowling.
In the show-cause notice, Trai said it is of the view that the claim of VIL for providing priority 4G network with faster data speeds is not in compliance with the extant regulatory framework.
This election will be remembered for being the first election where the Election Commission failed to take action on gross violations involving the ruling party that repeatedly used religion, communal slurs, lies and undocumented allegations, observes Ramesh Menon.
Facing opposition fire for exit polls allegedly being used for stock market manipulation, Axis My India's chief Pradeep Gupta has said he is open to facing all kinds of investigations and it would help do business in a much better way if the government frames specific regulations for pollsters.
The ED sealed the house and put up a notice summoning Sheikh to appear in person before its sleuths for questioning by January 29 in connection with its probe into the ration distribution scam, an officer said.
Aseem Chhabra lists his 10 favourite non-Indian shows streaming in India -- classics as well as recent shows.
Fundraising through the issuance of shares to qualified institutional investors has seen hectic activity in the first half of the current fiscal year (FY24), with 20 companies mobilising over Rs 18,400 crore, more than four-fold from the year-ago period, on positive investors' sentiments. Moreover, the robust trend of Qualified Institutional Placements (QIPs) in the first half of the fiscal year 2023-24 is expected to persist throughout the second half of the year too, Sanjay Moorjani, Research Analyst at SAMCO Securities, told PTI. Prashant Rao, director and head of equity capital markets, Anand Rathi Investment Banking, said that market and investor sentiments play an important role for these issuances.
Following the Reserve Bank of India's (RBI's) action against Paytm Payments Bank, participants in the fintech ecosystem have turned their attention to giving priority to compliance with regulatory norms. Fintech industry players say the episode will ensure adherence to such measures. Executives Business Standard spoke to said companies should have clarity on their requirements.
The Securities and Exchange Board of India (Sebi) is in the process of issuing a standard operating procedure (SOP) for designated depository participants (DDPs) regarding disclosures and onboarding of foreign portfolio investors (FPIs), according to a regulatory document seen by Business Standard. DDPs act as a link between the markets regulator and overseas investors. The SOP, framed in consultation with the industry, aims to bring consistency across all players and avoid any form of regulatory arbitrage.
'If we want real democracy, the economy itself will need to be democratised.'
Modi brought up the emotive issue of the gurdwara in Kartarpur Sahib, a place sacred to Sikhs as Guru Nanak Dev spent the last years of his life there, and blamed the Congress for country's partition, saying they did it for sake of power.
Aviation security regulator BCAS on Wednesday slapped fines totalling Rs 1.80 crore on IndiGo and Mumbai airport operator MIAL over the incident of passengers having food on the airport's apron. The apron is the area around the aircraft where it has finally parked for deboarding.
Some banks are camouflaging their lending to small, unknown real estate developers to skirt stringent capital adequacy and provisioning requirements.
Traders' body CAIT on Wednesday accused e-commerce major Amazon of indulging in serious contraventions of FDI policy and Foreign Exchange Management Act. The body also blamed the online firm for not seeking the government's approval for conducting multi-brand retail activities in India.
Gukesh's journey wasn't easy as his family dug into their savings and also turned to crowd-funding to fuel his dream.
Government unlikely to bring in an ordinance to address the developments arising out of the Supreme Court order.
A large part of the productive time in Parliament is spent on non-legislative matters such as discussion on motion of thanks by the President, conduct of fellow MPs and so on.
The cases under scanner include significant loan exposure of the bank to Videocon way back in 2012 and the alleged involvement of the Kochhar family in restructuring of that loan.
Celebrate the weekend with Shah Rukh Khan and more on OTT.
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
A cabin crew member of the flight had filed a complaint with the DGCA about the pilot allowing a female friend into the cockpit.
The tribunal, which had concluded its hearings on two petitions from RIL on January 6 and reserved its order for an unspecified date, set February 24 for the next hearing.
Australia's legend Ricky Ponting said the Impact Player rule in the IPL has made the batters more fearless and stronger
