The RBI wants to enforce more transparency in public sector banks. Manojit Saha The Apex bank wants the government t oreduce stakes in PSUs.
RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.
A bench, headed by NGT Chairperson Justice Adarsh Kumar Goel, set up a five-member Committee to probe Thursday's gas leak incident in the chemical factory, in which 11 people were killed and 1,000 exposed, and submit a report before May 18.
The intelligence wing of Central Board of Excise and Customs has 532 officers and staff, he said, adding, the staff strength of DRI will double when cadre review is completely rolled out.
The minister said any declaration made under the law will be protected
Experts point out that National Anti-profiteering Authority does not have the power to advise companies on depositing amounts voluntarily.
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.
The new regime aims to bring in ease of doing business, as the NITI Aayog has proposed to do away with the need to have manufacturing licences to register medical devices or to get a certificate of compliance.
The PFI, formed in 2006 in Kerala and headquartered in Delhi, called the raids a gimmick and an attempt to divert attention from the farmers' issue.
About 11 entities may be charged in the first charge sheet in the case, the sources said without elaborating on the issue.
The case is related to the alleged irregularities in granting clearance by the Foreign Investment Promotion Board to INX Media, once owned by Peter and Indrani Mukherjea, for receiving overseas funds to the tune of Rs 305 crore.
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
The Gurugram Police detained and questioned Harpal Singh, a gardener at the Ryan International School.
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Reliance, Birla Group, Airtel eye small finance banks.
The IMD has also issued a red-coded warning alert to the Odisha and West Bengal coasts.
The apex court was hearing two separate petitions filed by Chidambaram challenging the Delhi high court August 20 verdict by which his anticipatory bail was dismissed in the cases registered by both the agencies-- CBI and ED.
'As a child, I believed that my world record would be a national pride. But I feel cheated now.'
Kabir Khan's '83 is an ode to a game changing chapter of Indian cricket history, pitch-perfect partnerships between openers and tail enders, knowing your mate's strengths as well as your own, seizing that one moment that defines the rest of your life, applauds Sukanya Verma.
Debashis Basu lists various reasons why laundering through the stock market thrives.
The official has been suspended over laxity in supervising an examination centre.
The information and broadcasting ministry's business-like and result-oriented handling of several issues has set a template for other ministries to follow, says A K Bhattacharya.
This is the first big move in the investigation of the British Virgin Islands list where the I-T department has found a significant amount of tax evasion.
Indian centre-back Sandesh Jhingan feels he will be "tested to the limit" while enhancing his game outside his comfort zone at Croatian league Prva HNL.
The appointments committee of the Cabinet headed by Prime Minister Narendra Modi cleared Bhalla's appointment as OSD in the ministry with immediate effect.
The BCCI and its officials did not open a separate bank account in South Africa
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
Apart from INX Media and Aircel-Maxis, the four other firms which are under the scanner are Diageo Scotland, Essar Steel, Katara Holdings and Elforge Ltd. These firms were granted FIPB approval when Chidambaram was the FM, reports Shrimi Choudhary.
A joint venture of Synbiotics, a wholly owned subsidiary of Ambalal Sarabhai Enterprises (ASE), and CoDiagnostics, CoSara Diagnostics is the first and only Indian company so far to receive a licence from the Central Drugs Standard Control Organisation (CDSCO) to manufacture coronavirus diagnostic test kits.
In the aftermath of the PMC Bank mess which was in the RBI's highest rating of 'A' category, trustworthiness of these ratings may be up for a review.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
Wanted diamond merchant Nirav Modi on Thursday lost his fight against being extradited to India as a United Kingdom judge ruled that he can be sent back to face charges of fraud and money laundering in the estimated $2 billion Punjab National Bank scam case.
Vicky Nanjappa profiles Narain Rao Manjunath, one of the key accused in the Railways bribery scandal.
Only Rs 10,720 crore of the junked currency notes did not return to the banking system, rest 99.9 per cent was deposited raising question mark over the government's effort of curbing black money through the demonetisation.
In view of the differences, Justices A K Sikri and Ashok Bhushan referred the matter to a larger bench of the apex court.
He was earlier questioned in the case for over six hours on Monday. His son and former chief minister Omar Abdullah expressed his displeasure and tweeted the party statement on his father's questioning with the comment: 'This on a day when my father turns 84!'
Banks feel happy shifting their toxic assets from loan books to investment books while the ARCs enjoy the management fees with a smile, observes Tamal Bandyopadhyay.
It is also felt that under the current market conditions, the building is unlikely to garner the kind of funds expected from a prime real estate at Nariman Point
'During Amit Shah's recent visit to Kerala, the strategy of concentrating the attacks on the CM on false charges was clear enough.'
The board of directors met on Wednesday and approved Rahul Khosla as MD, effective August 18.
Jaitley sets condition of 50% assets for applicability of capital gain tax.
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