This provision is a very smart rule against fraudster and would not affect any genuine business entities or Ease of Doing Business in any manner, said a source.
Rahul Gandhi, in turn, thanked all the leaders for reposing faith in him and said he would apply his mind on their request of becoming the Congress president, the sources said.
RBI had received 72 applications for small finance bank licences.
Over 210,000 executives in estimated 240 central public sector undertakings are in for a bonanza with a pay revision committee recommending a massive hike in their annual cost-to-company. The hike ranges between 379 per cent at the highest level and 57 per cent at the lowest across companies and levels.
Different employees' and workers' unions of the TSRTC began an indefinite strike on Friday midnight across Telangana on a call given by the Joint Action Committee of the corporation, demanding merger of the RTC with the government and recruitment to various posts, among other things.
The thinking at the Centre is that since the RBI has ramped up purchases of government bonds, the interest earned on them will be transferred to the exchequer as dividend.
Prime Minister Narendra Modi on Tuesday accused the previous governments in Uttar Pradesh of letting poverty and the mafia take over the state's eastern part, saying that the Bharatiya Janata Party government is now writing a new chapter of development there.
Parliament on Thursday approved a bill for giving more flexibility to the board of directors and improve corporate governance standards in public sector banks after Rajya Sabha passed it by voice vote.
NMDC pitted against Tatas, Essar on Bailadila deposits.
'Based upon the circumstances, the Board decided with heavy heart that it is not advisable to hold and conduct this year's Shri Amarnathji Yatra and expressed its regret to announce the cancellation of Yatra 2020,' the SASB said in a statement.
Analysts say IT major cleaning up act before new CEO takes over; regulator might take a year
'IPOs not clicking is cause for worry,' says Sebi chairman.
Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.
Sources said the Congress Parliamentary Party authorised Gandhi to pick the party's leader in Lok Sabha.
There has been strong opposition from organisations influential with the government against approval to GM foods.
Delayed submission of employees confidential report will not be a hindrance for promotion and they will be assessed on the basis of overall record and self-assessment of the year, the Centre has said.
With Parliament session over, the government is expected to kick off the divestment process in June.
'It appears that Prime Minister Modi has to undo 50 years of State monopoly in the defence sector during which public undertakings like HAL or DRDO monopolised defence production and development with disastrous consequences.'
The government on Thursday decided to provide budgetary support of Rs 141.41 crore (Rs 1.41 billion) to 16 central public sector undertakings to enable them to pay pending salaries and statutory dues of their employees.
The paper also includes musing that SARS -- which hit China in 2003 -- could have been a man-made bioweapon deliberately unleashed by "terrorists".
'The procurement cycle still consumes too much time; little has changed.'
Alternatively, the government may go in for a five-day session to blunt criticism that it was running away from debates.
Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms
Delhi BJP chief Tiwari said each poor family will be provided good quality, subsidised 'atta' (wheat flour) at a rate of Rs 2 per kilogram. The BJP will bring an ambitious 'Samridh Delhi Infrastructure Scheme', with a provision of Rs 10,000 crore, to ensure "focussed and priority" development of roads, flyovers, foot over-bridges and other key infrastructure projects, the manifesto stated. The manifesto promises to set up a 'Colonies Development Board' for undertaking development of various civic amenities.
Tata Consultancy Services (TCS) on Wednesday announced a mega-Rs 16,000 crore buyback plan at Rs 3,000 per equity share. In 2017 and 2018 too, TCS had undertaken buyback offers of similar sizes.
Thus, the right to fair compensation and transparency in land acquisition, rehabilitation and resettlement (amendment) bill, 2015 as passed by the Lok Sabha still contains major lacuna's in regard to farmer's rights. It is best advised and hoped that the government will send the bill to the parliamentary standing committee for more changes and consultation.
The decision wasn't surprising as almost all the senior players in unison, had made it clear that the contracts offered by the Sri Lanka Cricket wasn't to their liking
If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.
The three companies for sale are Reliance Communications, Reliance Telecom and Reliance Infratel.
Supreme Court says guidelines were breached, no criteria were followed while allocating the blocks.
The Supreme Court on Monday held that all coal block allocations made since 1993 till 2010 before pre-auction era during previous National Democratic Alliance and United Progressive Alliance regimes have been done in an illegal manner by an "ad-hoc and casual" approach "without application of mind".
'We are not able to manufacture even low-end products as cheaply as China.' 'We are not buying Chinese goods today out of any love for China.'
Premji, 70, who founded the Azim Premji Foundation, is among the nine philanthropists named recipients of the 2017 Carnegie Medal of Philanthropy in "recognition of their outstanding and innovative leadership in philanthropy."
The ministry's year-end review is silent on the continued occupation by Chinese troops of territory that India has always claimed and patrolled.
The government has also allowed individuals from the private sector to apply for the post
Hari Shukla from Tyne and Wear said he feels it is his duty to receive his first of the two-dose vaccine, a moment UK Prime Minister Boris Johnson hailed as a "huge step forward" as Tuesday was dubbed "V-Day" or Vaccine Day in the UK.
The Sports Ministry removed the Rs 2 lakh cap on the salary given to Indian coaches for training elite athletes in a bid to encourage them to produce better results. The move is also aimed at attracting former players to become high performance trainers.
Central bank likely to keep tabs on large wilful defaulters; policy likely by month-end.
But their trajectory and direction have been largely influenced by politics and the political leadership's understanding of how the economy needs to be managed, explains A K Bhattacharya.
