'Pakistan is no longer a front-burner issue for America.'
'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'
A Pakistani media baron, the 45-year-old is the 37th full-time chairman of the PCB.
The dastardly dimensions of the attack are gradually sinking in even as the Government of India announced its immediate diplomatic and other retaliatory measures. It is generally expected to be followed up with punitive military action across the LoC, sooner than later, observes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
Former Prime Minister Manmohan Singh was a brilliant economist with a visionary outlook on India's potential, combined with a fine sense of political feasibility, former RBI Governor Raghuram Rajan said on Friday. Singh, the architect of India's economic reforms, passed away here late on Thursday at the age of 92.
Eminent cardiac surgeon Dr K M Cherian, who performed the country's first coronary artery bypass surgery about 50 years ago, has passed away. The veteran surgeon, in his 80s, died in Bengaluru on Saturday after reportedly collapsing during a function. Prime Minister Narendra Modi and Tamil Nadu Chief Minister M K Stalin have expressed their condolences, recognizing Dr Cherian's contributions to cardiology. Dr Cherian, who founded the Frontier Lifeline hospital in Chennai, was a recipient of the Padma Shri award.
RBI Deputy Governor Swaminathan J has asked banks to follow KYC guidelines with both "precision and empathy", failing which regulatory actions will be taken against them by the central bank. Addressing a Conference of Directors of Private Sector Banks here on Monday, the Deputy Governor also expressed concern that in many cases, customer grievance mechanisms, including the Internal Ombudsman structure, are treated more as a formality than as a robust, effective resource.
Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.
Noting that these three Cs haunt Indian education today, the Congress Parliamentary Party chairperson said in an article that this "carnage" of India's public education system must end.
West Bengal Chief Minister Mamata Banerjee has defended her support for teachers who were dismissed following a Supreme Court verdict, accusing the BJP and CPI(M) of "hatching a conspiracy" to influence the ruling. She dared the BJP to arrest her for supporting the affected candidates, while asserting that her government will abide by the verdict but explore all legal options. The development has triggered political reactions with the BJP demanding Banerjee's resignation, while the CPI(M) expressed concern over the impact on the education system. Banerjee also criticized the BJP's handling of the Vyapam scam in Madhya Pradesh, drawing parallels to the school jobs scam in West Bengal.
Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.
Indo-Canadian Anita Anand and Delhi-born Kamal Khera are part of new Canadian Prime Minister Mark Carney's cabinet. Anand is the Minister of Innovation, Science and Industry while Khera is Minister of Health. Carney's cabinet with 13 men and 11 women is smaller than Trudeau's 37-member team.
Karnataka Governor Thaawarchand Gehlot was on Thursday denied boarding on an Air India subsidiary AIX Connect flight over alleged 'delay' in reporting.
The federal agency started its operation in the morning, with around 100 officers mobilised to swoop down at the 30 locations in multiple cities of Jammu and Kashmir, Punjab, Haryana, Uttar Pradesh, Bihar and Rajasthan, besides Delhi and Mumbai, the officials said.
The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.
Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.
'Will the LG be ready to rule with a light hand, having been vested with powers that amount to using a hammer to kill a fly?' asks Aditi Phadnis.
Over the medium and long term, the BJP hopes to devour the AIADMK, they having identified the party as 'ideologically not as sound as the DMK', predicts N Sathiya Moorthy.
Trump said that the funds used to support students with disabilities and scholarships will be preserved and these duties will be provided to other institutions.
The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.
RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.
Rekha Gupta had the support of the RSS, which actively participated in the Delhi assembly poll campaign to help the BJP win.
A stampede-like situation at New Delhi Railway Station on Saturday evening left at least 15 people injured, and fatalities are feared. The incident occurred due to overcrowding on platforms 14 and 15, triggered by a rush of passengers heading to Prayagraj for the Maha Kumbh. Eyewitnesses described a chaotic scene with passengers fainting from suffocation and a scramble for space. Authorities are investigating the incident, with initial reports suggesting overcrowding due to the influx of passengers for the religious festival. Rescue teams and fire tenders were dispatched to the scene, and the injured were taken to hospitals for treatment.
Under Urjit Patel, the then RBI Governor, the central bank had a habit of making complete about-turns on various issues, including electoral bonds and digital payments, former finance secretary Subash Chandra Garg said in his book titled 'We Also Make Policy: An Insider's Account of How the Finance Ministry Functions.' Citing some instances of about-turns by the then RBI Governor Patel, Garg in his book said, RBI had done so on the electoral bond issue and it had so in case of setting up of Payments Regulatory Board (PRB). RBI also made unilateral decisions like ordering complete data localization for participation in the payment system, Garg wrote in the book which will hit the stands on October 1.
The NCAA previously allowed transgender women to compete as long as they met testosterone limits on a sport-by-sport basis.
The governor made it clear that the RBI is aware of what's happening and acts accordingly, but doesn't make a noise about that, points out Tamal Bandyopadhyay.
A heated political battle erupted Tuesday over Arvind Kejriwal's claim of the Haryana government 'poisoning' the Yamuna water, with the Bharatiya Janata Party saying he cannot be forgiven for his 'dangerous statement', while the Aam Aadmi Party chief asserted he won't let the people of Delhi die due to the dirty, poisonous water.
'The very fact that his autobiography is called India Rising is a correct example of his wish for India to be a developed country and do as best as possible by science reaching to the common people.'
The ruling Aam Aadmi Party termed the LG's orders removing Shah and Gupta from the boards of discoms "illegal and unconstitutional". The LG does not have the power to issue such orders, it claimed.
The move came after the Bhagwant Mann-led Aam Aadmi Party government on Monday approved an amendment to the British-era Sikh Gurdwaras Act, 1925.
The train, on its maiden trial run, arrived at Srinagar station in the Nowgam area on Srinagar's outskirts from Katra in Jammu.
Finance Minister Arun Jaitley has been appointed on the Board of Governors of Philippines-based Asian Development Bank (ADB).
A plea that the banking regulator's stress should be on the strategic role of boards and an increase in the remuneration of independent directors were among the issues put forward to the Reserve Bank of India's (RBI's) top brass in its interaction with the full boards of state-run banks held on Monday. The meeting, the first leg of first-of-its-kind interactions with the boards of state-run banks, will now be followed by those of private banks in Mumbai on May 29. The RBI's press release, issued late on Monday, did not refer to the specific points that found mention in the deliberations, but top sources told Business Standard the twin concerns were taken up in the open-house interaction with the banking regulator's brass.
In an election at a special one-day meeting in Vienna, IAEA's 35-member board of governors appointed Pakistan Atomic Energy Commission's head, Ansar Parvez, as its chairman for the next one year. The Board is the most important policy-making body after the 151-nation general conference.
Multiple polling stations and municipal buildings received hoax bomb threats across the battleground states of Pennsylvania, Arizona and Georgia, disrupting the polling in these states.
The Pakistan Cricket Board has allocated 12.8 billion rupees for the renovation of stadiums in Lahore, Karachi and Rawalpindi ahead of next year's ICC Champions Trophy, informed PCB chairman Mohsin Naqvi.
User protection and a proposal for a licensing framework for companies seeking to operate in the cryptocurrency area will be part of an upcoming consultation paper on the sector, said a senior industry executive. Even as specific regulations around crypto are yet to take shape, companies are setting up baseline user protection processes, including a redressal mechanism, fraud detection, regular filing of suspicious transaction reports (STRs), among others.
The RBI Deputy Governor, V Leeladhar has joined the board of National Bank for Agriculture and Rural Development.
More than 51,000 diyas were lighted on Friday on Dev Deepawali at a Varanasi ghat to form 'Batoge to Katoge' -- a slogan given recently by Uttar Pradesh Chief Minister Yogi Adityanath in a call apparently to Hindus to stay united.
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
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