The tussle between the AAP government and the Centre escalated on Tuesday with the cancellation of appointment of nine advisors to Delhi ministers following the Union home ministry's directions which said these posts were "not sanctioned".
Finance Secretary Hasmukh Adhia vacates his post on November 30 and Expenditure Secretary Ajay Narayan Jha, the second seniormost bureaucrat in the finance ministry, retires on January 31, the day before Jaitley presents the 2019-20 interim budget.
The decision to increase the quantum of capital infusion was taken at a meeting between Finance Minister P Chidambaram, RBI Governor Raghuram Rajan and Economic Affairs Secretary Arvind Mayaram in New Delhi.
A series of guidelines have been issued to pilgrims undertaking the Amarnath Yatra this year, including asking women not to wear sarees while trekking, by the shrine board which organises the two-month long pilgrimage.
Modi has a real challenge if the allegations of corruption pick up momentum. Modi was struggling to improve his image with the minorities but now he will have to convince the majority that his deals were clean and he is above board, says Sheela Bhatt.
'As engineers, as alumni and as Indians, we should be concerned about today's leadership that is making tomorrow's leaders at our IITs,' says Air Marshal P V Athawale PVSM, AVSM, VSM (Retd).
FM says government policies aim to contain inflation, spur growth.
The number of recoveries also surged with 2,48,189 patients cured so far, while there were 1,78,014 active cases, according to the updated official figures at 8 am.
A curative petition is the last and final judicial remedy available to a person convicted by courts of law.
The debt resolution involves RCom exiting the SDR framework with no conversion of debt into equity and zero write-off by lenders, Anil Ambani said, adding that he expects full closure by March 2018.
Unhappy with the three-year sentence to the juvenile convicted in the brutal December 16 gang rape, Lieutenant Governor Najeeb Jung said there was a need to review laws for juveniles, including the age limit in cases of heinous crimes.
The NIT Sringar has agreed to many of students's demands but did not reply to another major demand that the HRD minister or the PM should hoist the tricolour at the campus.
A total of 211 companies issued 763 offers to the students in the first phase which is the highest number of placement among any IITs across the country in this year.
The Pakistan Cricket Board rejected a proposal to grant Test umpire Nadeem Ghauri a six-month relaxation from his four-year ban and allow him to resume umpiring in domestic tournaments this season.
According to Ajit Balakrishnan, chairman of the board of governors of IIM-C, "Most students who study in IIM-C come from families whose annual income is Rs 5 lakh. We are a public higher education institute funded by taxpayers' money. Hiking our fees just because IIM-Ahmedabad or IIM-Bangalore has hiked theirs will make IIM-C an opportunist."
Raghuram Rajan's exit reminds Syed Firdaus Ashraf of Kafka's The Trial.
The driver of the lorry apparently lost control after the tyre burst and jumped the median and collided with the oncoming passenger bus, police said. The driver Hemaraj, a native of Ernakulam, has been arrested.
Authorities have suspended civil construction works in Delhi and Haryana as part of emergency measures to improve air quality.
Securities & Exchange Board of India (Sebi) Chairman C B Bhave has for the first time publicly backed the Bimal Jalan committee report on the working of capital market infrastructure institutions (MIIs). The report was placed in the public domain on November 24 and received scathing criticism from industry players.
In what may be seen as a message to the electorate that he has a say in the party, Uttar Pradesh Chief Minister Akhilesh Yadav on Monday inducted three Cabinet and two Ministers of State (Independent Charge) ahead of next year's assembly elections in the state.
The committee was appointed by market regulator Sebi in December 2009 to review the ownership and working of capital market infrastructure institutions.
As part of an ongoing series, we bring you stories of young Indian Americans who came looking for the Real India and found their real selves instead. Rucha Desai recounts his trip to India.
RBI data show one-fifth of all the infrastructure loans are stressed and the share of such loans in overall stressed assets is nearly a third.
'Four weeks have passed after the scam was exposed, yet no big guy has been arrested.' 'This gives the impression that he wants to be soft on the biggies.'
"I think bankers have expressed some concern that they should not be held liable for actions that are taken in the full spirit of what is needed," Raghuram Rajan said.
The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).
The ban on listing and other roadblocks on ownership have tainted the Jalan Committee report.
Iran has accelerated its nuclear programme and currently possesses sufficient supply of uranium to make three nuclear devices, a United Nations nuclear watchdog report claimed.
The principal challenge for Rajan's successor is to work with the Bank Board Bureau and the finance ministry to complete these processes of banking reform.
Kumar will hold responsibility for strategy at the group level.
Over 1.43 lakh intending pilgrims have registered themselves for this year's Amarnath Yatra beginning from July 2.
Reserve Bank of India (RBI) Governor D Subbarao on Thursday said while the central bank was deeply conscious of the continuing liquidity crunch, the scale of government spending was not enough to ease the situation.
Blaming high cash balance with the Government for aggravating liquidity strain in the system, the Reserve Bank on Thursday asked it to loosen purse strings for easing the situation. "On Wednesday, the government cash balance stood at Rs 92,000 crore (Rs 920 billion).
The Art of Living founder said that he was involved as a mediator in the RamTemple dispute of his own will and would visit Ayodhya on November 16 to meet all stakeholders.
Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.
Rajan said there was full understanding between him and the Finance Minister Arun Jaitley on setting up of the PDMA
'This is not Ahmedabad Gymkhana but people's house'
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