For the past 10 years or more, the RBI has been turning down dozens of applications under the RTI Act that sought disclosing the list of wilful defaulters and the RBI's inspection reports. In fact, it is the only organisation that has a granular and complete view of the heist that has been going on for 25 years at least. But it has escaped any blame for the multiple rounds of bankruptcy and massive periodic recapitalisation of public sector banks caused by bad loans. In fact, they don't want anyone to know how incompetent and collusive they have been in handling bad loans, says Debashis Basu.
Any delay in passing the coal bill may cause a crisis in the coal sector which would also affect the power sector.
With nearly a million identified slums, UP urgently requires housing for the poor
The Board of Control for Cricket in India informed the Supreme Court on Tuesday that 12 of its member associations have kept the funds received by the cricket body in term deposit and they will not utilise them until further orders of the apex court.
The Supreme Court imposed a green tax on trucks destined for other states but wanting to take a shorter route through Delhi.
The Board of Control for Cricket in India, on Tuesday, moved the Supreme Court seeking disbursal of funds for conducting Rajkot Test that starts on Wednesday.
In the matter pertaining to acquisition of AgustaWestland helicopters, the undisputed central issue that stands out is corruption, especially bribery, the statement said.
The Supreme Court-appointed Lodha Committee on Monday recommended sweeping reforms for the controversy-ridden Board of Control for Cricket in India, suggesting a bar on ministers from occupying positions, putting a cap on the age and tenure of the office-bearers and legalising betting.
While most of Sebi's new norms are aligned to changes in Companies Act, they are more stringent in certain areas.
Despite their promised and announced reduction in power prices, the Arvind Kejriwal-led Delhi government may want keep the issue on the burner for sometime longer, since none of the concerned players are ready to give an inch, and seem raring for a fight, says Upasna Pandey
'If you are in Punjab, Modi is omnipresent as if he is going to be chief minister of Punjab.'
'If he is in Uttarakhand, he presents himself to be the chief minister of Uttarakhand.'
'When he is in UP, he is touted as the chief minister of UP.' 'There is a personality cult which is being built around a person... that he is the panacea of every democratic exercise in India, from panchayat to Parliament.' 'Modi at some point will pay the price for trying to build a very ambitious personality cult.'
'Rather than an outcome of 'pro-incumbency', the exit poll results betray a completely lackadaisical approach of the Opposition parties.' 'While a new kind of politics was on display for the past five years, they were still mired in their old-style methods which will cost them the election,' predicts Utkarsh Mishra.
Immediately after taking over as the Board of Control for Cricket in India president for the second time, Shashank Manohar stressed that his priority is to address the conflict of interest in the BCCI, prevent corruption and make the functioning of the Board transparent.
Maharashtra CM said a high-level committee will probe the circumstances under which the 40-year-old overbridge collapsed.
Former Delhi Chief Minister Sheila Dikshit may not be contesting the assembly polls, but she is very much in the thick of preparations for the Congress. Dikshit tells Kavita Chowdhury that she is not interested in any post in Delhi politics but does not rule out a role at the national level in the future.
In order for somebody to do Big Brother kind of a job, one has to collect lots of data. Aadhaar collects very minimal data whether at the time of enrollment or at the time of authentication.
Indian cricket, it seems, pays overwhelming obeisance to a vapid, old adage: The more it changes, the more it remains the same.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
The BCCI will not be terminating Chennai Super Kings and Rajasthan Royals but will only be suspending the two franchises for a period of two years from the Indian Premier League (IPL) as per recommendations of the Supreme Court-appointed Lodha Committee.
'I have tried to make it easier for the small scale entrepreneur to do business and cut through the red tape.'
In an interview to Rediff.com's Anita Katyal, Shambhu Srivastava speaks about the need of breaking out of the communal-secular paradigm and focusing on the Congress party's poor performance and its track record in fuelling communalism.
Airline says can't discuss dues publicly, denies grounding of planes
Godhwani's exit comes at a time when the company's fund raising plans and proposed related party transactions are under scrutiny, says N Sundaresha Subramanian.
Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
Jindal's house was raided by the CBI on Tuesday.
'We must all commit to sharing less nonsense and quarrelling less on social media.' 'We could use that time instead to meeting and speaking to our friends and family instead of 'liking' their posts.' 'Zuckerberg will be the poorer for that, but our lives will be so much richer,' says Rahul Jacob.
Here are some tips to help you crack the Staff Selection Commission Combined Graduate Level Examination.
In this exclusive conversation with Rediff.com contributor Rajeev Sharma, exiled opposition leader Ahmed Naseem explains why the world should care about democracy in Maldives.
The Supreme Court-appointed Justice Rajendra Mal Lodha panel asked the Board of Control for Cricket in India to accept its reforms before proceeding ahead with the process of awarding the Indian Premier League media rights from 2018 onwards.
'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.
At the very least, it will cost Infosys thousands of dollars to defend its position
There is not much bank employees can do, but some words of encouragement from the management would have helped. Stretched working hours and the tense atmosphere is taking a toll on their health.
'We are in touch independently with leading players, and they are denying it as well.' 'The Indian digital footprint is rising, creating new opportunities.'
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as bail fee? Where could all the money have gone? Indrani Roy finds out.
In the next few weeks, the Bombay High Court will hear the institute's petition to review its 2011 directive to vacate the land it occupies in Film City.
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
Industrialist Naveen Jindal, fighting to win the Kurukshetra Lok Sabha seat for a third time, has more than just Narendra Modi to contend with. Joel Rai reports.
Prime Minister Narendra Modi gave the vote of thanks to the President's speech on the opening day of the Budget session.
With facts and figures, the CAG report has highlighted how Gujarat was far from a role model for states across India, and that the progress made in this province in western India in improving agriculture, education, healthcare and empowerment of women and children, was not exactly creditable, says Paranjoy Guha Thakurta.
