Tamil Nadu Health Minister Ma Subramanian on Wednesday attributed the mushrooming of COVID-19 clusters in the state and spike in cases in the city to students coming from other states, particularly North.
Both are under home isolation in Virudhunagar. Their samples would be sent to the state lab for whole genomic sequencing.
Capital markets regulator Sebi on Tuesday sent a notice to NSE's former chief Chitra Ramkrishna asking her to pay Rs 3.12 crore in a case related to governance lapses at the stock exchange, and warned of arrest and attachment of assets and bank accounts if she fails to make the payment within 15 days. The notice came after Ramkrishna failed to pay the fine imposed on her by the Securities and Exchange Board of India (Sebi). In an order dated February 11, Sebi had slapped a penalty of Rs 3 crore on Ramkrishna for alleged governance lapses in a case related to the appointment of Anand Subramanian as the Group Operating Officer and Advisor when she was at the helm of NSE as its managing director and chief executive officer, as well as for sharing confidential information of the company with an unidentified person.
The CBI arrested former National Stock Exchange CEO Chitra Ramkrishna in the co-location scam case on Sunday, officials said. Ramkrishna was arrested in Delhi and taken for medical checkup, they said. She was later lodged in lockup at the CBI headquarters, they said.
The special privileges granted to private equity (PE) investors by listed companies are set to go through shareholders' test. Under new rules introduced by the Securities and Exchange Board of India (Sebi), all such arrangements will require shareholders' nod by way of special resolutions. Legal experts say arrangements that are unfair to other public shareholders may not pass the muster.
'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'
Harshit Aggarwal defeated Mongolia's Batdavaa Munkhbat 21-15, 21-13 to be pitted against Japan's third seed Kodai Naraoka in the third round.
'I think my first obsessive, possessive and only half-requited -- as we would joke -- 'love' was Ivan. I saw him first slouching down the corridor of St Stephen's College nearly 50 years ago and was instantly smitten (as was everyone else around him).'
'How low GDP would have been, we don't know.' 'It raises serious questions because so many indicators are pointing to such a sharp decline and GDP estimates are still showing 4 per cent growth.'
Former Bharatiya Janata Party MP Subramanian Swamy approached the Delhi high court on Thursday, stating that in spite of an earlier assurance the Centre has not made any security arrangements at the accommodation he would be residing in after vacating the government-allotted bungalow.
Finding resources for a fiscal stimulus could be difficult and it could jeopardise macroeconomic stability, says CEA.
So, he approached Rajiv Gandhi and the then president Venkataraman and was advised by both to accept it only if no other job was available.
A five-judge Constitution bench headed by Justice Sanjay Kishan Kaul, in a unanimous verdict, ruled that its 2014 verdict, which had struck down a provision of the Delhi Special Police Establishment (DSPE) Act, 1946 providing immunity to such officers in graft cases, will have retrospective effect.
There is no question of a Brexit-like referendum on the abrogation of Article 370 in Jammu and Kashmir, the Supreme Court said on Tuesday, as it grappled with the question as to whether its repeal was constitutionally legal.
The Supreme Court on Wednesday asked the Centre to file its reply to a batch of PILs challenging the validity of certain provisions of a 1991 law that prohibit filing of a lawsuit to reclaim a place of worship or seek a change in its character from what prevailed on August 15, 1947.
Kashmiri Pandits offer special prayers during the Navreh festival at the Mata Chakreshwari temple in Srinagar, April, 2, 2022.
Taking note of the central government's submission, Justice Yashwant Varma closed the proceedings in the application filed by Swamy in which he claimed that in spite of an earlier assurance, the Centre was yet to make adequate security arrangements at his private accommodation.
The country's largest bourse National Stock Exchange (NSE) has put the NSE Prime initiative in cold storage following lukewarm response from India Inc, said people aware of the development. Inspired by Brazil's Novo Mercado, NSE had announced a separate platform which any listed company could be part of by voluntarily adopting a stricter corporate governance code. Launched in December 2021, NSE Prime was to formally take off within a year after empanelling companies.
Sirf Ek Bandaa Kaafi Hai makes the audience feel good that the battle for justice was not in vain, observes Deepa Gahlot.
The CBI on Friday questioned former CEO of National Stock Exchange (NSE) Chitra Ramkrishna in view of fresh facts emerging in connection with its ongoing probe into the alleged abuse of co-location facility in the NSE, officials said. The agency has also opened look out circulars against Ramkrishna, another former CEO Ravi Narain and former COO Anand Subramanian to prevent them from leaving the country. The central probe agency had booked a owner and promoter of Delhi-based OPG Securities Pvt. Ltd, Sanjay Gupta and other in connection with alleged abuse of NSE co-location facility to make gains by getting early access to the stock market, they said.
The average top executive monthly compensation is Rs 1 crore. The median employee salary is now Rs 820,000.
Nageswaran, an academic and former executive with Credit Suisse Group AG and Julius Baer Group, succeeds K V Subramanian, who demitted office of CEA in December 2021 after the completion of his three-year term. An official statement said Nageswaran assumed charge on Friday.
In his first interview since becoming the chief economic advisor, Arvind Subramanian agrees the Narendra Modi government has taken some initial steps to revive private investments but says many more measures would be required to restore macroeconomic stability - reining in inflation and fiscal deficit - and bring the economy back on high-growth path. Subramanian, who has earlier worked in the research department of the International Monetary Fund, tells IMF Survey, an online magazine of IMF, that the Gujarat model is to be replicated across India but there also are macroeconomic problems at the national level that need to be addressed.
The Delhi high court on Wednesday directed former Bharatiya Janata Party Rajya Sabha member Subramanian Swamy to hand over possession of his government bungalow to the estate officer within six weeks.
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.
'This issue is related to national security because they were compromising the entire capital markets's core infrastructure by leaking confidential information.' 'What would have happened if the servers had come down?' 'Or some confidential information leaked to terrorists who could have knocked out our capital market?'
The former Congress chief is an accused in the National Herald case in which BJP leader Subramanian Swamy is the complainant.
Inflation data, both at domestic and global level, interest rate scenario in the US, geopolitical situation and general elections in 2024 are some of the major factors that would influence trading in the equity market this financial year, analysts said. Besides, foreign fund trading activity and global trends will also dictate terms in the equity market going ahead. Equity markets across the globe faced major challenges in FY23 due to concerns over high inflation, which resulted in increase in interest rates around the world, lowering investor sentiment, experts added.
The Supreme Court will hear on April 5 a batch of PILs challenging the validity of certain provisions of a 1991 law that prohibits filing of a lawsuit to reclaim a place of worship or seek a change in its character from what prevailed on August 15, 1947.
Overall, Anupama is only the sixth Indian shuttler to top the junior rankings.
The travails due to enforcement of the eligibility test was because the AIADMK regime under K Palaniswami allowed the test to be conducted, despite DMK's efforts to keep it at bay, he said
Sirf Ek Banda Kaafi Hai reminds us that we haven't run out of instances where even the most vulnerable can secure justice against the mighty, applauds Utkarsh Mishra.
In the letter, the lieutenant governor said that in the past one week, a "gloomy face of governance" emerged in Delhi where "organised, structured and specialised administrative machinery" is yet again facing the "brunt" of "highhandedness" of the political executive.
'She violated NSE procedures and rules, corporate governance norms; Chitra acted maybe within her capacity as MD and CEO, but not in the right spirit.'
A Chennai-based student who had recently undergone a medical procedure for a knee-related issue, died on Tuesday following multiple organ failure, with her friends and relatives alleging medical negligence.
The Supreme Court on Thursday agreed to list for hearing a PIL filed by former Rajya Sabha lawmaker Subramanian Swamy seeking a direction to the Centre to declare the Ram Setu as a national heritage monument.
The Centre and the states need to continue working in collaborative spirit as was done during the previous surges for COVID-19 prevention and management, Mandaviya said.
Sankar's father Subramanian encouraged him to drop out of the schooling system at an early age and pushed him to play in the upper age groups and senior circuits.
Headline inflation will come down under the 6 per cent mark in July itself but will stay at an elevated level of over 5 per cent for some time, Chief Economic Advisor K V Subramanian said on Thursday. Such an outcome will get the price rise back into the upper-end of the target band given to RBI, he said, adding that consumer price inflation had breached the mark for three consecutive quarters last fiscal because of supply side issues like challenges in movement of goods. "With reasonable probability, I expect this month the (inflation) print to come less than 6 per cent," Subramanian told a conference organised by industry lobby Ficci. Right after data for May showing inflation at 6.4 per cent had come out, Subramanian said he had predicted it will cool down in internal meetings and also during "deliberations with the regulator".
Asserting that the present situation is not alarming, the minister said the emphasis should be more on COVID-19 appropriate behaviour and people should come forward to get vaccinated to shield themselves from Coronavirus and its variants.
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