In the aftermath of the Karvy incident, lending against third-party collateral facility raises questions over regulations concerning banks and brokers which are at loggerheads. While Sebi and NSDL have ordered the transfer of securities, which were kept as collateral, lenders followed the old business model of sanctioning loan against shares and allegedly overlooked certain parameters. Legal experts feel that this could lead to a collapse of the loan-against-shares market as it raises questions over the sanctity of the pledged securities.
Instead of relying on technology that is not in their control, businesses should stop using SMS based OTPs and start using other software-based or hardware-based token authentication, which are in their control, says Venkata Satish Guttula.
GST rate for petrol and diesel cars and hybrid vehicles is already at the highest bracket of 28 per cent plus cess.
India, which has shipped 'Made In India' COVID-19 vaccines to around 25 nations, on Wednesday urged the international community to stop 'vaccine nationalism' and actively encourage 'internationalism', underlining that hoarding superfluous doses will defeat global efforts to attain collective health security and combat the pandemic.
Obama used his executive power to announce a series of administrative measures to provide legal status to over five million illegal immigrants in the country, including those from India.
The amendment urges the US to enhance India's military capabilities in the context of combined military planning, and promote co-production/co-development opportunities.
Over 1.43 lakh intending pilgrims have registered themselves for this year's Amarnath Yatra beginning from July 2.
Neutrality and jurisdiction in international trade need to be discussed threadbare before GST is implemented in India.
India has purchased 500 million doses of the Oxford University-AstraZeneca vaccine candidate, one billion from the United States company Novavax and 100 million doses of the Sputnik V candidate from Russia's Gamaleya Research Institute, according to the US-based Duke University Global Health Innovation Center.
Alleging that the order made by the Pennsylvania Supreme Court was unconstitutional, the attorney generals said the state overstepped its constitutional authority in accepting late ballots and violated the election clauses of the Constitution and that voting by mail creates voter fraud risks.
The EC concluded that Banerjee sustained injuries due to lapse on part of her security in charge.
The economics and pricing of the Covishield vaccines and the government's own decision to pay higher prices raise more than a few questions, observes Prosenjit Datta.
The defence ministry is shooting to achieve an annual export target of $5 billion by 2025.
Tata Consultancy Services and State Bank of India on Monday launched a joint venture to provide advanced technology solutions and world-class domain consulting for the banking and financial services sector.
The government plans to immunise 30 million people in the first phase, starting February, and by July, the target is to vaccinate 250 million people, reports Sohini Das.
The order comes in the wake of rioters defacing and destroying historical sites, monuments and statues in the country as violence erupted following the brutal custodial death of African-American George Floyd on May 25.
The iPhone 6 and its higher end model iPhone 6 Plus will be available across retail stores from October 17.
The e-Visa facility is available to visitors from about 44 countries.
Called the US Citizenship Act of 2021, the legislation modernises the immigration system, and also proposes to eliminate the per country cap for employment-based green cards, a move that would benefit thousands of Indian IT professionals whose current wait period for legal permanent residency runs into several decades.
Those earning over Rs 50 lakh a year need to disclose all jewellery and cash in their returns, says Tinesh Bhasin.
Prime Minister Narendra Modi will flag off the first phase of the pan India roll-out of COVID-19 vaccination drive at 10.30 am via video conferencing.
Displaying "undue favour" to cellular operators, the wireless planning and coordination wing under the ministry of communication authorised the players to start services without obtaining licence fees and spectrum dues in advance which caused the gov
Fifty-nine-year-old Khashoggi, a dissident Saudi journalist who lived in the US as a legal permanent resident and wrote for the Washington Post, was critical of the prince's policies and was killed in the Saudi Arabian Consulate in the Turkish city on October 2, 2018.
The resolution was introduced by Senator John Cornyn, Republican Senate Majority Whip, and Senator Mark Warner, ranking member of the Senate Select Committee on Intelligence.
Abrahams, who chairs a British parliamentary group on Kashmir, was denied entry into India upon her arrival at the New Delhi airport on Monday. Government officials had said on Monday also that she was informed in advance that her e-visa had been cancelled.
In an affidavit filed by Union finance ministry on behalf of the Union of India, it said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.
Pushpa is facing sexual harassment case filed by her two domestic aides in Tamil Nadu.
A massive pan-India inoculation drive against COVID-19 was set in process on Tuesday with more than 56 lakh doses of the Covishield vaccine flown to 13 cities across India from Pune and taken to designated national and state-level stores amid tight security.
The land acquisition, the consolidation process in Kot and a slew of other decisions by the Haryana government to open the hills to privatisation and commercial activity run contrary to court orders, environmentalists' demand, and at times the Union government's measures to protect the Aravalli hills, say Nitin Sethi & Kumar Sambhav Shrivastava.
This is perhaps the most authoritative portrayal so far of Indian air power as a threat to China.
CBI and Enforcement Directorate are probing the huge remittances to Hong Kong from the bank.
Gold on Saturday surged to five week high by gaining Rs 280 to Rs 28,425 per ten grams in the national capital on increased buying by stockists and jewellers against restricted supply.
The probe gave a clean chit to the tax department that was being alleged to have harassed Siddhartha.
Denmark's Superliga to resume on May 28 says Danish League Association
The 7th Pay Commission has recommended more than doubling the 'Military Service Pay' to defence personnel, and suggested that Short Service Commissioned Officers should be allowed to exit the Armed Forces at any point in time between 7 and 10 years of service.
Here are some pointers that should serve as red flags for you
The masses of digital data that you generate throughout your life -- your pictures, posts, tweets, blogs -- can remain intact in the folds of the Internet, points out Shuma Raha.
Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer, observes Tamal Bandyopadhyay.
There were apprehensions in the SII about rival Bharat Biotech's 'indigenous' tag, opening up shortcuts for it. One senior person, who was very familiar with the sector, told me, 'The message has gone out from the very top. Somani (V G Somani -- drug controller general of India) has told me "Bharat ka karna hai".' A fascinating excerpt from Abantika Ghosh's Billions Under Lockdown: The Inside Story Of India's Fight Against COVID-19.
