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.
A bench comprising Justices Sanjay Karol and Ujjal Bhuyan, therefore, said the age of the deceased had to be determined from the date of birth mentioned in the school leaving certificate under Section 94 of the Juvenile Justice (Care and Protection of Children) Act, 2015.
The new circular provides for a framework for early recognition, reporting and time-bound resolution of bad loans.
Leading brokerages have revised their charges with the true-to-label norms by the Securities and Exchange Board of India (Sebi) kicking in from Tuesday.
Jaydeep Apte, a Thane-based sculptor, had executed the contract to make the statue.
'There has been a spurt of algo platforms, and algo developers, which are neither empaneled nor regulated, but are still active in the ecosystem.'
Health insurance policy-holders will be able to avail a discount on the premium payable if there were no claims made in the previous year, according to the circular released by the regulator.
The much-delayed election for ten seats was held on September 24 following a Bombay high court directive.
Bankers said the SC verdict might prolong the resolution process and force lenders to bring back cases to the drawing board.
The circular shape of these magnificent buildings have made them architectural wonders.
A special website has also been created to mark the year-long celebrations, Union Culture Secretary Arunish Chawla told reporters during a briefing at the National Media Centre in New Delhi.
'We have been fighting to treat political prisoners differently.' 'Except for Hyderabad and Kolkata, the concept of keeping political prisoners separate doesn't exist in India.'
The income tax department has allowed tax officials to either waive or reduce interest payable by a taxpayer, subject to specified conditions. Under the Income Tax Act Section 220 (2A), if a taxpayer fails to pay the tax amount specified in any demand notice, he/she is liable to pay interest at 1 per cent per month for the period of delay in making the payment. The Act also empowers Principal Chief Commissioner (PrCCIT) or Chief Commissioner (CCIT) or Principal Commissioner (PrCIT) or Commissioner rank officers to reduce or waive the amount interest due to be paid.
The Reserve Bank of India (RBI) on Monday directed banks and non-banking financial companies (NBFCs) offering gold loans to thoroughly review their policies, processes, and practices to identify any gaps. The central bank also told them to closely monitoring their gold loan portfolios amid significant growth observed in this segment vis--vis some lenders. Additionally, the RBI, through a circular, instructed these lenders to ensure adequate controls over outsourced activities and third-party service providers.
Officials said the CBI has not felt the need to issue LOCs against public servants so far because they cannot leave the country without intimating the government.
In a relief for foreign firms giving loans to Indian subsidiaries, tax authorities have said goods and services tax (GST) will not be imposed on them, subject to some caveats. Additional fees, commissions, or related payments - over and above the amount charged as interest - on these loans will attract GST at 18 per cent, the Central Board of Indirect Taxes and Customs (CBIC) has said.
'There is more expansion in the industry happening in retail lines, so we will continue to focus on those lines.'
All 80 people stuck at Pali waterfall in Goa's Sattari taluka were rescued on Sunday by the state's Fire and Emergency Services and the police, an official said.
'Inflation is not good for industry. Nor for the economy as a whole.'
Both Lawrence and Anmol Bishnoi have been named as wanted accused in the April 14 firing incident outside the Bollywood actor Salman Khan's Galaxy Apartment in Mumbai's Bandra area.
The three gunmen involved in the killing of Nationalist Congress Party leader Baba Siddique in Mumbai practiced firing near a waterfall in adjoining Raigad district before executing the murder, police officials said on Tuesday citing their investigation.
All transactions in the units of an asset management company's mutual funds exceeding Rs 15 lakh executed by designated persons, trustees, or their immediate relatives must be reported to the compliance officer within two business days from such transactions, Sebi said on Tuesday. The threshold of Rs 15 lakh could be either in a single transaction or multiple transactions within a quarter, per PAN, across all schemes except exempted ones. The new rules will be applicable from November 1, the Securities and Exchange Board of India (Sebi) said in a circular.
The Bombay High Court has imposed a Rs 25,000 fine on a Nashik prison jailor for illegally rejecting a prisoner's parole application. The court stated that the jailor's decision contravened the law and was based on a government circular that is inconsistent with existing prison rules. The court has ordered the jailor to reconsider the parole application and forward it to the appropriate authority for a decision.
The Bombay high court has slammed the decision of Maharashtra government to not charge the Board of Control for Cricket in India for police protection given during cricket matches conducted in the state.
A bench comprising Justices BR Gavai and KV Viswanathan warned the probe agency and remarked it had moved a "frivolous petition" only because one of the accused was a high-profile person.
India is marching towards becoming the fourth country in the world to have space docking technology.
In the circular, the TISS said all 55 faculty and 60 non-teaching staff were appointed under programmes funded by Tata Education Trust and were on a contractual basis with exact programme period.
The probe agency is understood to have alerted all airports and other ports of entry to prevent Chidambaram from leaving, sources said.
The Mumbai police probing the Baba Siddique murder case have found that the five newly-arrested accused had demanded Rs 50 lakh for the killing, but backed out later due to disagreement over payment and also considering the Nationalist Congress Party leader's clout, officials said.
'The jury panel said that my collection should not be limited to a college fashion show; it had much more potential. They encouraged me to sign up for the annual National Designer Awards organised by the World Designing Forum.'
The bench referred to three reports submitted by the cyber cell police which said the beneficiaries were added to the bank account without any message or OTP received on the registered mobile number and email to the registered email account.
In its master circular on general insurance products, which takes immediate effect, Irdai specified, 'The customer may be required to submit only those documents directly related to claim settlement.'
The controversial circular directing all police stations in Madhya Pradesh to profile the Christian community has been withdrawn by the Police Head Quarters (PHQ), officials said.The circular was issued recently by the PHQ, directing all police stations in the state to profile the churches and their source of funding, schools run by the community, political leanings among others, officials said.The move attracted sharp criticism from the community.
None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's CFO Jugeshinder Robbie Singh said on founder and chairman Gautam Adani's indictment on bribery charges in the US. In a post on X, Singh said the group would make a detailed comment on the US indictment once it gets counsel approvals.
It had been pointed out to the banking regulator that one-day default was difficult to monitor in large companies, especially where cash flows are dependent on government payments.
The National Medical Commission on Thursday withdrew and cancelled guidelines under Competency Based Medical Education Curriculum in which it had reintroduced sodomy and lesbianism as unnatural sexual offences in the forensic medicine and toxicology curriculum for undergraduate medical students.
The Bombay High Court directed the state government to file an affidavit, explaining its motive behind issuing a circular asking police officials not to record instructions coming from politicians, within two weeks.
One97 Communications (OCL), the company that operates brand Paytm, received a nod from the National Payments Corporation of India (NPCI) to onboard new Unified Payments Interface (UPI) users. This comes nearly nine months after the Reserve Bank of India (RBI) placed an embargo on OCL to add new customers.
The Bombay High Court on Tuesday questioned the justification behind reducing and waiving police protection charges levied during cricket matches in Maharashtra with a retrospective effect from the year 2011, and said "something is amiss".
Reserve Bank has directed banks to provide their eligible customers with an option to choose from multiple card networks at the time of issuing credit or debit cards, a move which will benefit card users. The central bank also asked issuers of credit cards not to enter into any arrangement or agreement with card networks that restrain customers from availing the services of other networks.
