India's $100 Bn Gambling Black Hole

'The larger and more opaque this shadow economy becomes, especially online, the greater the risk to India's national security.' Kindly note this illustration generated using Microsoft Copilot has......

CVC makes mobile number must for lodging corruption complaints

The Central Vigilance Commission has introduced key amendments in its complaint handling mechanism such as making it mandatory for people to provide mobile numbers while raising corruption-related......

Govt issues SOPs for seeking nod to probe officials

The Centre has issued standard operating procedures (SOPs) for police officers to seek mandatory prior approval before conducting any investigation against allegedly corrupt public servants,......

No one wants to be next CVC, govt extends deadline

The Centre has for the third consecutive time extended the last date for applying for the top posts in the anti-corruption watchdog Central Vigilance Commission due to "lack of response" from......

CEOs get finmin shield over frauds by bank officials

With a view to protect prudent commercial decision of bankers, the government has taken a slew of decisions, including doing away with personal responsibilities of MD and CEO of PSBs for compliance......

PM's advisor on why NPAs of banks could rise

Prime Minister's key economic advisor C Rangarajan on Wednesday indicated banks may have to deal with higher non performing assets on account of poor economic performance. "NPA also increases......

FinMin's diktat to banks on selling insurance

Concerned over rising incidence of mis-selling, the finance ministry has directed heads of public sector banks to put in place strong mechanisms to avoid unethical practices for selling insurance......

Why private bankers prefer giving top jobs at public banks a miss

One of the reasons why private bankers don't head a public sector bank is the lack of autonomy, according to banking industry experts. Earlier this year, a large public sector bank (PSB) with a......