The regulator said that it is vested within its purview to regulate the bank account for payment systems and the settlement systems are finally posted in the books of account of banks with the RBI to attain settlement finality.
'The military officers at China's National People's Congress reflect Xi Jinping's preference for elevating politically reliable, younger, officers with good professional qualifications,' says former RAW officer and China expert Jayadeva Ranade.
Yet another surgical strike? India's Osama bin Laden moment? A fresh demonetisation exercise? What could it possibly be?
As part of the fund mobilisation move, the cabinet decided to seek financial aid from abroad through non-resident Keralites, from major cities in the country and also from educational institutions in Kerala.
The bill seeks to provide Indian citizenship to non-Muslims from Bangladesh, Pakistan and Afghanistan.
'The CBI should be bifurcated and the CBI's charter should be restricted to anti-corruption cases.'
'The investigation of major criminal cases having national and international implications, and national crimes spread over more than one state may be entrusted to a new national crime bureau,' recommends Dr Madhav Godbole, the former home secretary.
Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.
The 62-year-old premier remains defiant despite the prospect of a no-confidence vote after Jacob Rees-Mogg, a leading Tory Brexiteer, piled on the pressure by submitting a letter of no-confidence to the chair of the Conservative's influential 1922 Committee on Thursday.
'It is the government's most important duty to ensure that when war breaks out, the armed forces are absolutely ready to face the adversary -- well equipped, well trained and in high spirits,' says Brigadier Gurmeet Kanwal (retd).
For the 2019 polls, the BJP chief deployed over 7,000 leaders to oversee the work of polling committees on the over 400 seats the BJP contested. These committees were asked to focus on 120 seats the party had lost in 2014, but believed it could win in 2019.
Besides the various political parties, the election commission is also getting into poll mode.
Theresa May is set to become Britain's next Prime Minister after her internal party Andrea Leadsom dropped out of the Conservative leadership race.
The president-elect has vast public, social, and political experience which will help him better to discharge his duty as the First Citizen of India.
To enable the 5 per cent quota for the Kapus, the Centre will have to include it in Schedule 9 of the Constitution so as to insulate it from court's scrutiny.
In her letter to Congress President Sonia Gandhi three days ago, Kidwai said she was relinquishing charge as party general secretary and Mahila Congress chief as he felt that Rahul Gandhi should be given the necessary space to bring in younger leaders of his choice
'People who have unaccounted money often park it in unregulated deposit schemes.' 'Curbing illegal deposit-raising activity will also carry forward the government's drive against black money.'
The 'essence' of every government action must be in the interest of the institution, the SC said.
Veteran Pakistani diplomats Syed Ibne Abbas and Jalil Abbas Jilani would be the new Pakistani envoys to India and the United States respectively as part of a wide-ranging reshuffle of envoys in key capitals around the world.
'He consulted widely, both formally and informally and acted quickly on pragmatic suggestions.' 'To his credit, Parrikar took the initiative to reduce excessive litigation against armed forces veterans and widow over small sums of pensionary and disability benefits,' points out says Brigadier Gurmeet Kanwal (retd).
The Congress demand for being accorded the status of Leader of Opposition to its group chief in Lok Sabha was on Tuesday rejected by Speaker Sumitra Mahajan.
A meeting presided over by Palaniswami said the appointment of Dinakaran as deputy general secretary was against party rules.
The 25-year production sharing contract, however, ends in 2029.
The maharaja's win in Punjab after 10 years has also rekindled the hopes for the revival of the grand old party.
The Congress stalwart could not have asked for a better gift on his 75th birthday.
Lt Gen Haroon Aslam of the Pakistan Army on Thursday resigned a day after he was superseded by his two juniors who were made the new army chief and the chairman joint chief of staff committee.
The Bill neither plans to make the Aadhar mandatory or limit its issuance to citizens.
'I was at a very senior position in the CBI and what happens is, hints are dropped for you to act upon. But then it depends upon your conscience, to do it or otherwise.' 'I know the rank and file of the CBI, they will bounce back; it is the leadership which has failed.'
"He's a man of tremendous talent and tremendous experience," said Trump of his new appointment.
The Cabinet Committee on Parliamentary Affairs took the decision to extend the session till September 6 at a meeting held in Parliament House.
A proposal to set up a panel of retired judges to oversee the investigations of the Central Bureau of Investigation to insulate it from political interference is in conformity with existing legal provisions, Finance Minister P Chidambaram indicated on Friday.
From Swachh Bharat to spearheading the Make in India campaign, the PMO seems to be at the centre of all policies, writes Nivedita Mookerji.
Tamil Nadu Chief Minister J Jayalalithaa's political rivals are sharply divided over appealing against her acquittal in a disproportionate assets case that saw her return to power for a fifth time two days ago.
Even with the elevation of Nirmala Sitharaman to the post of defence minister, the party still needs to redress the gender imbalance and fill the 33 per cent quota in posts.
With the setting of MPC, the interest rate setting powers would move from RBI Governor to the panel.
The going is not going to be easy for the DMK and its allies in Elections 2024. Despite the seats sweepstake in the 2021 assembly polls, the vote-share difference of 5.6% (DMK's 45.38% versus AIADMK-BJP's 39.72%) is not insurmountable on a bad day, points out N Sathiya Moorthy.
'Kofi Annan will be remembered more for his Nobel Prize and related glory rather than Rwanda and Volcker,' notes Ambassador T P Sreenivasan with whom he worked in the UN.
The government also ruled out having a re-look at the present reservation system.
A court in Thailand dismissed Prime Minister Yingluck Shinawatra from office on Wednesday for abuse of power, plunging the crisis-hit country into a fresh political turmoil.
Besides PESB selected chairman designate B Ashok (currently Executive Director retail sales in IOC) having no board experience, the case for extending Butola's service is more compelling because all the other six directors on board of the nation's largest oil firm are retiring in next one year.
According to the committee, single overseas investments of more than 10 per cent in a company should be considered as Foreign Direct Investment while those less than 10 per cent should be classified as foreign portfolio investment.