Finance Commission has got new team who are committed to growth initiatives.
'The Babri Masjid wasn't just a mosque, it was a test of our secularism,' says Jyoti Punwani.
Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.
'One can understand this prejudice in the minds of policemen against Muslims, without accepting it. But what tilts the balance disproportionately is the police's blind eye to offences committed in the name of the majority.' says Jyoti Punwani.
'It's still very early. I have just been handed over the matter and therefore I haven't formed any views on it as yet,' Justice B N Srikrishna tells Pavan Lall.
'We told the victims this was the only opportunity for them to get their story recorded.' 'If they did not recount their version the other side would concoct their own theory about what happened at Bhima-Koregaon.'
'When you read that for the first time, areas in Gujarat dominated by Patidars/Patels have been declared 'sensitive' for the civic polls that were held this week, you sit up and take note,' says Jyoti Punwani.
'We are losing the battle of secularism, but we have not lost.'
Dhananjay Desai has been allowed to spread his poison to young men in Maharashtra and Goa over the last five years, by a 'secular' Congress-NCP government. The 23 cases pending against him have not stopped him. He and his supporters must have thought they were immune when they lynched a bearded Muslim at night. Neither Desai nor his followers, nor the police, nor their 'secular' political masters, must have expected the nationwide furore that followed, says Jyoti Punwani.
'Everywhere Anil Dharker went, he assembled teams of talented people, gave them opportunities, then got out of the way and allowed them to flourish.' Meenakshi Shedde remembers a very special editor.
Expecting brickbats from Babus for recommending only about 40 per cent hike in pay, the Sixth Pay Commission chairman Justice B N Srikrishna on Monday said his recommendations would displease everbody.
We celebrate January 26 as Republic Day because that's the day on which we adopted the Constitution in 1950. Yet, in the days preceding and following Republic Day 2021, three different courts violated the Constitutional rights of citizens, observes Jyoti Punwani.
The Financial Sector Legislative Reforms Commission, chaired by Justice B N Srikrishna, has suggested a non-sectoral, principle-based approach to revamp the existing framework.
'There is a contradiction between what the then CM said in the assembly and the legislative council, and the direction taken by the police investigation.'
The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India's (Sebi's) order against its former managing director and chief executive officer Chitra Ramkrishna and others. According to sources, the exchange's management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don't get impacted, they added.
The government claims the existing safeguards under the law are adequate, lawful, towards a legitimate purpose and provide for a "proportionate interference" in citizens' right to privacy, reports Nitin Sethi.
A group of lawyers and activists want India's privacy law to ensure that autonomy, dignity and privacy are safeguarded, and proposes a penalty provision of up to Rs 10 million for those found violating the code and a jail term extending up to three years or a combination of both. Mayank Jain reports.
The commission was told that the police did not give women the location of their arrested relatives, and they had to run from pillar to the post to know in which jail they had been put up.
The Sixth Pay Commission on Monday recommended an increase in the salary of chairpersons of regulators, including Sebi, Trai and Irda, to up to Rs 300,000 per month and delink them from government salaries, a move to attract expertise from outside the government. Those appointed as members through the revised process should be paid a consolidated salary of Rs 1,50,000 per month, while the chairperson may be paid Rs 2,00,000 per month, in case a car and house are provided.
The Telangana Rastriya Samithi and other pro-state activists have decided not to celebrate until the bill is passed in Parliament. Vicky Nanjappa reports.
The Sixth Pay Commission on Monday submitted its report to the government presumably recommending a 40 per cent hike in salary for the central government employees. The commission, headed by Justice B N Srikrishna, submitted its report to Finance Minister P Chidambaram on Monday morning.
After army personnel and IPS officers, other government employees have now voiced their grievances against the Sixth Pay Commission report, saying the recommendations do not correspond to the increased cost of living but will increase inequality.
The various theories and statements about the culpability/innocence of 1993 blasts accused Yakub Memon present him with a Rashomon act, says Syed Firdaus Ashraf.
Mergers and acquisitions would continue to create big corporate conglomerates but there is a need to draw a red line to avoid dominance and curbing of open competition in market by them, he said while addressing a conference on competition issues in New Delhi.
The Sebi chief said that although the idea of an SRO has been challenged in court, he is hopeful of its implementation.
'Mumbai's killings in January 1993 came at the tail end of two outbursts of vicious communal violence, whereas today, it's peacetime in a 'new India'.' 'At that time, the perpetrators warned onlookers to keep their mouths shut.' 'Today, the perpetrators take videos of their attacks, such is their confidence.' 'The mobs have succeeded in terrorising an entire community and indeed, all those dealing in the transport of cattle, whatever their religion,' says Jyoti Punwani.
'Muslims and Dalits must erase the way they remember their past, or carry out their their performances in private,' says Jyoti Punwani, as Maharashtra's Censor Board denies permission to a play Jai Bhim, Jai Bharat.
The deadline for officers to decide on their career path in the biggest organisational rejig in the central bank's 85-year history ends on January 31. The immediate fallout could be its disruptive impact on the supervisory process for 2020 -- and beyond -- given the manpower shortfall, even as more entities are set to come under closer central bank scrutiny.
The chairman of the committee, A K Mathur, sought abolishment of the two-year edge accorded to the IAS officers for empanelment, compared to other services, saying it was an 'archaic concept'.
Currently, an IAS and IFS officer are accorded a pay advantage or financial edge.
The Financial Sector Legislative Reforms Commission had in a report last year proposed a unified regulator for the entire financial sector -- markets, insurance, commodities and pension. It had, however, proposed to keep banking out of its purview for now.
'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'
The RSS uses its resentment against mosques and loudspeakers to stoke anti-Muslim feelings among other Hindus, whenever it can, be it during riots, or before elections, says Jyoti Punwani.
For it's not the Sena alone that indulges in hooliganism. 'Thokshahi', as the Sena proudly calls it, is the hallmark of the party and of its offshoots. But other parties haven't exactly been models of good behaviour. Not just Maharashtra, ministers and MLAs slapping officials everywhere in the country is not unheard of, says Jyoti Punwani.
A summary of sports events and sports persons, who made news on Tuesday
'Little about this regime, given its vindictive credo, is a complete surprise. But we were still taken aback by the CBI raid as it was a complete abuse of due process.' 'These are not legal inquiries, but abusive use of State power. They are not legitimate investigations, but a witch-hunt.' 'Ours is a typical, classic case of the State and its organs being used as an outlet for motivated vendetta of the vilest kind.'
The persistence with Aadhaar, to the exclusion of all other identity systems, is a dangerous path and should be avoided if the risks of digital vulnerability are to be eliminated. Till such time that the ownership of the Aadhaar system is transferred to an independent body, concerns over Aadhaar's digital vulnerability will persist, says A K Bhattacharya.
'What of Modi? They are willing to take their chances. Maharashtra's Muslims recall how the Congress scared them with the Bal Thackeray bogey for decades, yet, when it came to using all the might of the State to protect them from Shiv Sena goons, be it in 1970, 1984 or 1992-1993, it did nothing. For them, the Congress's secularism is a cruel joke.' 'This argument that we ('seculars') must vote for the 'winning secular candidate' has one more implication: Those who are against Hindutva must forever be stuck with the same corrupt, cynical and tired old parties, who are not even secular,' says Jyoti Punwani.
'Make no mistake, legally Chanda Kochhar was not and still is not obliged to quit.' 'But quitting earlier would have placed her personally and as a leader on a very high pedestal, indeed where she belonged until this lapse,' says S Muralidharan, former managing director, BNP Paribas.
The system envisaged under the FRDI Bill, if implemented properly, would help improve the efficiency of capital allocation without harming consumers, and without risking the stability of financial firms, says Ajay Shah.