The finance ministry had last year notified a new investment pattern for EPFO.
The Central Board of Direct Taxes, the apex policy making body of the I-T department, has been undertaking a host of steps to bolster the litigation management wing of the department which has come under criticism not only from courts but also successive Finance Ministers and in the audit reports of the Comptroller and Auditor General.
The Supreme Court came down heavily on cash-rich BCCI on Tuesday, saying the cricket body was running like a "mutually beneficial society" and "practically corrupting" its members by not seeking any explanation on how crores of rupees allotted to them were being spent. While scrutinising the fund allocation and expenses of the Board of Control for Cricket in India (BCCI), the apex court also pulled it up for not giving funds to neglected states for promotion of cricket and said it has done nothing to encourage the game. It was also critical of the discrimination meted out to different states by BCCI and said the states begged for money from the board which follows a "no questions asked" policy as a method to buy votes in a certain manner. Lauding the work done by Justice R M Lodha-led committee for bringing out massive structural change in functioning of BCCI, the bench said "this is not an ordinary panel. It is a committee on which we have complete faith. It is committee of judges and its findings have to be relied upon. We cannot say that the findings are perverse."
'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.
European soccer's governing body have asked FIFA to investigate the alleged distribution from their headquarters of an anonymous heavily critical 'dossier' on UEFA president Michel Platini, German newspaper Welt am Sonntag reported on Sunday.
The Supreme Court on Friday granted six weeks time to Mukesh Ambani's Reliance Industries Ltd (RIL) to respond to the final CAG report which found alleged irregularities including in payments made to the contractors on drilling of D6 wells at the Krishna-Godavari basin.
Finance Minister Arun Jaitley on Wednesday asked the CAG not to sensationalise its findings to get into headlines, a view the Congress party had voiced in the past after huge notional losses were projected in reports on 2G and coal allocation scams.
Compared to their Indian peers, MNCs have higher return ratios.
'Somewhere along the way, elected office-bearers appeared to have lost sight of the interest of cricket and begun to pursue their own interpretation of what the game should be.' 'Families made it a tradition to have their representatives occupy, if not usurp, positions in state associations,' points out Vinod Rai, who will step down as head of the BCCI's Committee of Administrators on Wednesday, October 23.
'You can never bring about a change if you only bring in outsiders. Consultants will never feel what changes are necessary and where,' says Railway Minister Suresh Prabhu.
The Congress on Monday put the ball in Aam Aadmi Party's court over government formation in Delhi saying that 16 of its 18 demands need just administrative decisions and have nothing to do with Parliament or assembly.
Legal experts fear such shareholder activism could turn into a class-action suit against Infosys
News of all that's transpired on and off the football field
Russia and Qatar could be stripped of their World Cup hosting rights if evidence emerges of bribery in the bidding process, Domenico Scala, the independent chairman of FIFA's audit and compliance committee, told a Swiss newspaper.
Polling in Madhya Pradesh was marred by complaints of faulty EVMs and voter verifiable paper audit trail machines.
'Mamata is synonymous with Bengal, its culture, language, traditions.'
The report said people with heavy luggage lost their balance because of which the stampede may have occurred.
CAG had in its previous reports slammed Oil Ministry and its technical arm DGH for not exercising enough control and vigil over KG-D6 block.
'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
The CBI has booked officers and employees of the shelter home.
Vaz has been spearheading efforts in the UK to get the ban lifted.
'These children are wards of the State. They were exploited because the state government and its officials didn't do their jobs.'
The navy said it has taken up the matter with the Directorate General of Armament of the French government expressing concern over the incident.
Geared up for the Rio Olympics this August, Beijing Olympic Games gold-medalist Abhinav Bindra on Sunday said he was hopeful of a medal once again.
The Finance Audit and Investment committee recommended 8.95% interest.
The bank's response came to a clarification sought by stock exchange on recent reports on debit cards blocking in the wake of suspected data breach
The e-commerce firm recruited 18 post graduate students.
RBI had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above.
A summary of sports events and persons who made news on Friday
'What if Kim is alive as the latest reappearance suggests, but unable to rule?' 'Will his sister be installed as the leader to continue with the Kims's hereditary dynasty that began with the present ruler's grandfather?' asks Dr Rajaram Panda.
Aam Aadmi Party on Wednesday came out with its manifesto for the December 4 Delhi polls, promising to enact Jan Lokpal Bill in 15 days if voted to power.
The move also comes against the backdrop of the embattled Mallya facing a case of loan default worth Rs 9,400 crore.
The posts of Chairman and MD in the private sector are held separately.
World Anti-Doping Agency (WADA) chief John Fahey has slammed Jamaican authorities for failing to accommodate an independent audit of their anti-doping regime until next year.
On one hand, Limaye will have to battle legacy issues, while, on the other hand, he will have to ensure that the exchange is able to maintain its leadership position.
With the Congress party baying for his blood, Union Minister Nitin Gadkari on Monday broke his silence on the CAG report on irregularities in loan extended to his family-linked Purti Group.
Facebook chief said he is getting to the bottom of exactly what the UK firm did, and telling everyone who may have been affected.
'Fourteen lives have been lost; the BMC should be charged with murder for this loss of lives,' says Congress MLA Nitesh Rane.
The Indian Medical Association rolls back their support but it is not known as yet if the resident doctors too would follow the suit.
The decision will benefit over nine crore such account holders having total deposit of around Rs 32,000 crore.
