The committee was appointed by market regulator Sebi in December 2009 to review the ownership and working of capital market infrastructure institutions.
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.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
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.
'Normally, the system is geared towards counting notes -- it is equipped to do x amount of work and one day you are asking them to do 20 x.' 'The processes involved are very complex.'
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.
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).
Apart from SBI, UPI 2.0 partner banks are HDFC Bank, Axis Bank, ICICI Bank, IDBI Bank, RBL Bank, YES Bank, Kotak Mahindra Bank, IndusInd Bank, Federal Bank and HSBC.
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.
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.
'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).
Raghuram Rajan's exit reminds Syed Firdaus Ashraf of Kafka's The Trial.
Kumar will hold responsibility for strategy at the group level.
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.
Reserve Bank of India on Thursday said the bank would use all its instruments to manage liquidity in the system following increased FII inflow.
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 Indian Institute of Management, Calcutta, on Friday decided to revert to its old fee structure of Rs 125,000 per annum, but also resolved to offer "need-based scholarships" to students from families with a weak financial position.
'NSCN-IM leader Muivah warns that the NSCN-IM has come very close to an honourable solution to the peace process with the Government of India, but if it does not materialise, then the Nagas will go away so far that it would be difficult to bring them back to the negotiating table easily,' note Sandeep Pandey and Meera Sanghamitra.
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".
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.
The evolving RBI-government relationship, a reversal in the interest rate cycle and return to profitability will dominate bankers' conversation this year, says Tamal Bandyopadhyay.
"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.
Rajan said there was full understanding between him and the Finance Minister Arun Jaitley on setting up of the PDMA
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.
Former Pakistan fast bowler Shoaib Akhtar has set his sights on a coaching career after agreeing to take charge of a top domestic team.
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.
Over 1.43 lakh intending pilgrims have registered themselves for this year's Amarnath Yatra beginning from July 2.
The notification formalities were completed on Thursday night, a crucial step in paving way for the implementation of international civil nuclear cooperation, Department of Atomic Energy sources said.
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.
Maulana Kalbe Sadiq was told explicitly that it would be possible for him to enter the club premises only if he changed into a shirt-pant or a suit. The organisers' pleas fell on deaf ears and Maluana Sadiq had no choice but to leave the club, much to the embarrassment of the arrangers.
'We are warning that if you get these 3.5 lakh additional non-medical people with licence, our infant mortality rate and maternal mortality rate will deteriorate'.
The first batch comprising 1,160 Amarnath yatris was on Friday flagged off by the state tourism minister from Jammu base camp to the holy cave shrine in south Kashmir Himalayas.
Authorities have suspended civil construction works in Delhi and Haryana as part of emergency measures to improve air quality.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
A section of the media on Thursday reported, quoting an unnamed EC official, that it may not allow RBI to go ahead with the plan before the polls and that they need more clarity from the Mint Road on certain aspects.
