Urjit Patel panel wanted all members to be appointed by RBI
Stressed MSME borrowers would be eligible for restructuring of debt, if their accounts were classified standard.
In a drastic measure to stem any major disruption to the US economy as a result of the coronavirus outbreak, the Federal Reserve has cut its benchmark interest rate to almost zero and said it would buy USD700 billion in bonds. The covid-19 pandemic has sickened more than 156,000 people worldwide and left more than 5,800 dead. The death toll in the US stands at 68, while infections neared 3,700.
The panel is believed to have examined each financial transaction between the Kochhar family and Videocon group, and the suspected trail of properties and assets that the family acquired since Chanda Kochar became ICICI Bank's MD.
A bench of the NGT, headed by its chairperson Justice Adarsh Kumar Goel, directed that the order will also apply to all cities and towns in the country where the average of ambient air quality during November (as per available data of last year) falls under 'poor' or worse category.
Union Home Minister Amit Shah on Tuesday alleged that 'Bhatija (nephew) and company' had swindled central funds sent for Amphan relief and said that probe will be ordered into it and culprits will be booked after the Bharatiya Janata Party comes to power in West Bengal.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
The Central Board of Direct Taxes, the apex policy making body of the I-T department, has been undertaking a host of steps to bolster the litigation management wing of the department which has come under criticism not only from courts but also successive Finance Ministers and in the audit reports of the Comptroller and Auditor General.
The following is the chronology of events related to the Ram Janmabhoomi-Babri Masjid land dispute in which, after the Supreme Court verdict, Prime Minister Narendra Modi on Wednesday conducted the 'Bhoomi Pujan' or ground breaking ceremony and laid the foundation stone for the temple's construction.
The acting president also requested the state associations as well as the IPL franchises to make generous contribution to the cause.
A bench headed by NGT chairperson Justice Adarsh Kumar Goel directed the carmaker to deposit the amount within two months.
The fact that Home Minister Amit Shah recently met Raje was a marker that Delhi will be compelled to take her more seriously than it would care to. Like B S Yediyurappa, she's a regional chieftain who can't be discarded at will, reports Radhika Ramaseshan.
There are seven items on the agenda and right at the top of the list is domestic cricket, which also includes junior and women's categories.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Highly-placed sources in the government say that none of the senior ministers had any inkling of Patel's resignation
'Nobody knows what they teach in madrasas.' 'If we do not adapt to the ways of the modern world, how will we progress as a community?' 'How will these children compete in the modern world?'
Vaccine development is a long process to ensure safety and efficacy through different stages and involves regulatory supervision every step of the way. Ruchika Chitravanshi takes you through this carefully drawn journey of vaccine development.
'If there is an RBI majority in the committee, there is no question of a veto.'
Jamiat chief Maulana Arshad Madani said they took the decision following extensive deliberations involving lawyers and experts.
The choice of 59-year-old Nadda has come as a bit of surprise as the party had indicated last week that it could take a call on the issue after the membership drive after about six months.
Patra, as executive director of the central bank, was the principal advisor to the Monetary Policy Department since July 2012.
Some of the key faces for various posts will be former India skipper and Hyderabad Cricket Association president Mohammad Azharuddin, former India captain and Cricket Association of Bengal president Sourav Ganguly, former Test player and Karnataka nominee Brijesh Patel.
The Committee of Administrators (CoA), on Wednesday, met the Indian team management to discuss the communication issues, take stock of the England debacle and draw a blueprint for the upcoming Australia tour.
IPL match between Chennai Super Kings and Kolkata Knight Riders would be held as per the schedule on April 10
Demanding action against principal of the prestigious Scindia School for allegedly not handling the recent ragging incident properly that led to a suicide attempt by Adarsh Singh, son of Bihar minister Jai Kumar Singh, parents on Thursday staged a protest in this connection.
The most common complaint of financial consumers is cumbersome processes, complicated products, usurious charges, and mis-selling of products, which finally don't deliver what is promised or as expect, notes Debashis Basu.
The world body is unlikely to even discuss a possible boycott of Pakistan when its Chief Executives Committee (CEC) meets in Dubai on Wednesday.
The head of Board of Control for Cricket in India's Committee of Administrators (COA), Vinod Rai, on Wednesday termed his discussion with Indian captain Virat Kohli a 'fruitful one' and promised to address their concerns regarding central contracts.
'Although Hong Kong weathered many a storm and displayed a remarkable resilience to bounce back, the developments in the territory have raised question marks with regard to its future stability and prosperity.' A revealing excerpt from Rup Narayan Das's Hong Kong Conundrum: Pangs of Transition.
Thousands of migrants were stranded in places across the country since the lockdown was enforced on March 25, many even attempting to walk home.
The aircraft was taken to an isolated bay for a secondary ladder point check after a Bomb Threat Assessment Committee (BTAC) found the threat as 'specific', the sources said.
The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.
The reshuffle had politics at its heart, so the biggest complement of new ministers, both Cabinet rank and below, came from UP, which will see assembly elections in a few months.
Continuing efforts to boost the capital market, Sebi on Wednesday decided to tweak the 25 per cent minimum public shareholding requirement for companies undergoing insolvency process, segregate assets as well as liabilities of mutual funds, and ease norms governing promoter participation in follow-on public offers. For the mutual fund segment, the watchdog also relaxed the profitability criteria and mandated minimum Rs 100 crore net worth requirement for entities to become sponsors of mutual funds. The board of Sebi, at its meeting on Wednesday, also cleared amendment regulations pertaining to market intermediaries to avoid duplication of proceedings before the designated authority and the designated member.
Mahant Kamal Nayan Das, the spokesperson of Trust's president Nritya Gopal Das said, "We have suggested two auspicious dates -- August 3 and 5 -- for the prime minister's visit based on calculations of movements of stars and planets."
Suspended Bharatiya Janata Party Member of Parliament Kirti Azad is likely to face stringent action for his graft allegations against Union Minister Arun Jaitley as the party's Central Disciplinary Committee has found him "failing in maintaining discipline" and "causing embarrassment to the party".
Sourav Ganguly hinted on Monday that a contract system will soon be in place for the thousands of first-class cricketers in the country.
Indian politics, held captive in one way or the other by Ayodhya, may now well seek its emancipation from this issue, and the pursuit of welfare, asserts Congress leader Salman Khurshid in this excerpt from his latest book, Sunrise over Ayodhya.
Many other companies have expressed intent of diluting stakes.
Experts point out that National Anti-profiteering Authority does not have the power to advise companies on depositing amounts voluntarily.
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