Its passage in the Lok Sabha is all but certain due to the massive majority the Bharatiya Janata Party and its allies have, and the Union government is confident of its passage in the Rajya Sabha as well with the support of several non-aligned regional parties which have often joined the treasury benches in the past.
As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Director of the Central Board of Directors of RBI, Governor Raghuram Rajan said.
'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'
RBI had received 72 applications for small finance bank licences.
DFS writes to departments that haven't responded to RBI's request for information.
The government on Monday slammed Congress leader Kamal Nath for his remarks that Lok Sabha Speaker Sumitra Mahajan's decision on the issue of grant of Leader of Opposition status could be "flavoured" by BJP, saying it is "unfortunate" as the Speaker is above party lines.
Non-uniform definition of control makes foreign investors wary, raise corporate governance issues.
Former India captain Rahul Dravid 'will not be available' for the senior Indian team's overseas tours owing to his commitments with the India A and Under-19 sides, the Committee of Administrators (COA) chief Vinod Rai said on Saturday.
"Horse trading band karo (Stop horse trading of MLAs)," Congress members shouted from the well.
Investors are pushing back more often against companies' resolutions on what is paid out to top executives. In the first four months of financial year 2022-23 (FY23), there have already been five such rejections, according to shareholder voting data from tracker Adrian, a platform maintained by the proxy advisory firm Institutional Investor Advisory Services India (IiAS). Two of these have been at multiplex chain PVR and direct-to-home company Dish TV India.
From Bollywood-themed performances to a heritage tour... Donald Trump will soak up all things Indian.
The lock-in requirement has been reduced from three years to one year for angel funds and their minimum investment threshold has been slashed from Rs 50 lakh to Rs 25 lakh.
'The actions of Indian monetary authorities will depend on how quickly they want the inflation to come down to 4 per cent.'
Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.
Influential Patel community leader Parshottam Rupala, minister in the first Narendra Modi government Mansukh Mandaviya and three-time MP Darshana Jardosh, all from Gujarat, were among those inducted in the Union cabinet on Wednesday.
As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.
The findings of the report showed consumer spending falling for the first time in over four decades in 2017-18. The government has, however, termed it a "draft" report, reports Somesh Jha.
UK visas may be auctioned off to overseas millionaires or "sold" in exchange for donations to hospitals and universities under new government proposals.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
The embattled Janata Dal-Secular leader also said he was ready for everything and that he was not here to cling to power.
'A country cannot be run on lines that everyone should be in agreement and those who disagree should be silenced.' 'If this is how they look at democracy, then I can only wish good luck to the future of parliamentary democracy in India.'
Besides opposing the suspension of three medicines, the sector has also questioned the process adopted by the government.
The final guidelines should be there in 3-4 months.
'The district administration failed and it was a very costly failure.'
Fortis Healthcare has already received binding offers from four entities - KKR-backed Radiant Life Care, IHH Healthcare, Manipal/TPG consortium, and Munjal and Burman family offices.
There is confusion around the registration guidelines and the cut-off dates for acquiring the degrees.
Nagaraj reached Mumbai accompanied by Karnataka BJP president B S Yeddyurappa's personal assistant Santosh and BJP MLA R Ashok.
For the first time, Akhilesh is leading the SP almost single-handed into a major election, but he is not the only one running the show Shikha Shalini reports.
No mention of cab aggregators in GST bills
Banks are also weighing the option of hiring experts for help in specialised areas.
Environment ministry also plans to cut the two-stage mandatory clearances under the Environment Protection Act to a single stage, shaving six months from the process.
Stepping up the attack on the ruling AAP over the 2015 Delhi Janlokpal Bill, ousted party leader Prashant Bhushan on Sunday said that the proposed legislation is "completely" different from its previous 2014 version.
The coalition government is on a shaky wicket with 16 MLAs -- 13 of the Congress and three of the Janata Dal-Secular -- resigning their assembly membership. Besides, two independent legislators, who were made ministers recently to provide stability, have quit the ministry and withdrawn support.
Renu Mittal explains why United Progressive Alliance government's crucial legislative plans may not work despite all its efforts.
At a press conference in Pakhal village in Faridabad, Ramesh said, "This whole Covid drama over the last two days has been orchestrated to defame and derail the Bharat Jodo Yatra from coming to Delhi. That's the only objective."
Various opposition parties like the Congress, the Trinamool Congress, the Dravida Munnetra Kazhagam, the Nationalist Congress Party, the Rashtriya Janata Dal, the Communist Party of India, and the Communist Party of India-Marxist raised vociferous protests in the upper house while opposing the resolution and the bill.
The home minister said he was deeply pained at the loss of precious lives during the agitation at Tuticorin.
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
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Reliance, Birla Group, Airtel eye small finance banks.
