Under its new chairman Tuhin Kanta Pandey, the Securities and Exchange Board of India (Sebi) has gravitated towards greater transparency and ease of doing business, setting an objective of "effective and optimum" regulation. On Monday, during its first board meeting under Pandey, the regulator has decided to constitute a high-level committee (HLC) to review conflicts of interest and unveiled initiatives to simplify regulatory processes.
State Bank of India, Tech Mahindra, Larsen & Toubro, Tata Steel, Sun Pharma, Infosys, HCL Tech, Axis Bank, Tata Consultancy Services and NTPC were among the biggest laggards among Sensex shares. Nestle, Hindustan Unilever, Titan, Power Grid, UltraTech Cement and ITC were among the gainers.
Real were left with 10 men before halftime when Mbappe saw a straight red after taking down Alaves midfielder Antonio Blanco as the referee overturned his initial decision of booking him with a yellow after consulting with VAR.
Senior Congress leader Jairam Ramesh on Thursday said as chairperson of a parliamentary committee, he was not consulted at all over the recent appointments of personnel attached with committees under the ambit of the Rajya Sabha Secretariat.
The Janata Dal (United), an ally of the ruling Bharatiya Janata Party (BJP), has sought an extension in the tenure of the Joint Parliamentary Committee (JPC) scrutinising the bills proposing simultaneous elections. The party argued that the committee, which has only met once, requires more time for extensive consultations. Meanwhile, the Lok Janshakti Party (Ram Vilas), another BJP ally, has demanded a "special industrial package" for Bihar, highlighting the state's low per capita income compared to the national average.
Opposition MPs, some of whom have given their dissent, slammed the exercise as undemocratic, claiming that they were given little time to study the final report and frame their dissent notes.
Formula One may have to wait a decade for a return to screaming V10 or V8 engines and jettisoning the next generation V6 due to be introduced next year is simply not feasible, according to F1's former chief technical officer Pat Symonds.
Four children died and several others fell ill, allegedly due to food poisoning at a government rehabilitation centre for children in the Para area here, officials said.
'Nobody in the Olympic landscape should conclude that because I had a mandate in World Athletics... that this is a one-size-fits-all. That I suddenly walk straight into the (IOC) office in Lausanne next week and tell everybody they are taking prize money.'
Terrorism and insurgency in J&K had subsided when India demolished East Pakistan -- for the simple reason that Pakistan understands power. We need to follow Chanakya's dictum of Saam, Daam, Dand, Bhed for strategising against Pakistan, asserts Lieutenant General Prakash Katoch (Retd). The ground truth is that unless we are prepared to acknowledge our shortcomings, including massive intelligence failures, punish those responsible and take corrective actions, we will continue in the same vein, asserts Lieutenant General Prakash Katoch (Retd).
Former India cricketer and selection committee chairman MSK Prasad was on Thursday named as strategic consultant by Indian Premier League franchise Lucknow Super Giants.
The BJP government in Gujarat has formed a five-member committee, headed by a retired Supreme Court judge, to assess the need for the Uniform Civil Code (UCC) in the state and to draft a bill for the same. The committee will submit its report within 45 days. The decision has sparked debate with the Opposition claiming it is an attempt to divert attention from pressing issues ahead of the upcoming local body polls, while the government insists the UCC will protect the rights of tribal communities. The committee will consult with religious leaders, including those from the Muslim community.
All opposition members of the parliamentary panel on the Waqf Amendment Bill were suspended for a day on Friday amid continuous protests and accusations against Chairman Jagdambika Pal of steam-rolling through the proceedings.
The parliamentary panel's meetings have become a virtual battleground between the opposition and the ruling party members, who have been vociferously debating the changes to the Waqf Bill proposed by the government.
The Supreme Court of India has sought the government's response on a Public Interest Litigation (PIL) that challenges the appointment process of the Comptroller and Auditor General of India (CAG), arguing it's unconstitutional. The PIL, filed by the Centre for Public Interest Litigation, claims the current process, solely through executive appointment by the Prime Minister, undermines the CAG's independence and violates constitutional principles. The court, while acknowledging the importance of institutional trust, questioned the extent to which it should intervene in the appointment process and whether this would constitute rewriting constitutional provisions. The PIL suggests the CAG's appointment should be similar to other independent bodies, with a selection committee comprising the Prime Minister, Leader of the Opposition, and Chief Justice of India. The case has implications for the independence and transparency of India's audit system.
The prolonged delay over electing J P Nadda's successor possibly stems from the RSS leadership wanting a person who is at least equidistant from the Sangh as well as the Modi/BJP edifice, observes BJP-RSS watcher Nilanjan Mukhopadhyay.
One of the proposed changes is the 'double-play run-out' rule, which would allow fielding teams to dismiss two batters in a single delivery if both are out of their crease and the bails are removed at both ends.
There is a proposal from the BJP camp that they would resort to a proportion-based increase in the number of Lok Sabha seats for individual states, based on what they now have. On the face of it, this sounds like a fine argument that those demanding a 'freeze' now cannot oppose without reasons and justification, avers N Sathiya Moorthy.
The trigger for international gold prices rising to $3,000 per ounce was Germany's upcoming heavy government borrowing.
The government has slapped a $2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries and its partners, including BP Plc for gains made from producing and selling natural gas that may have migrated from neighbouring block of state-owned ONGC. This follows the Delhi high court's decision on February 14, overturning an international arbitration tribunal ruling that held the duo not responsible for paying any compensation for the gas they produced and sold which had allegedly migrated from adjoining fields.
The parliamentary committee scrutinizing the Waqf (Amendment) Bill has been granted an extension until the last day of the next Budget Session. This decision follows a heated meeting marked by a walkout from opposition members who expressed concerns about the committee's draft report. The committee will visit several states to meet stakeholders and finalize its report.
Tamil Nadu is set to protest against the National Education Policy (NEP) on February 18, with the ruling DMK and its allies announcing a demonstration. The state government has been at odds with the Centre over the implementation of the NEP and the three-language formula proposed in the policy. Union Education Minister Dharmendra Pradhan dismissed the state's opposition as "politics" and asserted that the Centre is committed to implementing the NEP across the country. The DMK, however, accused the Centre of encroaching on the state's rights and using the office of the Governor to push the NEP.
'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'
Congress general secretary Randeep Surjewala has raised concerns about the Indian government's decision to potentially acquire F-35 fighter jets from the US, questioning whether the decision was made in the national interest and if security experts were consulted. He highlighted the high cost of the F-35, its operational flaws, and the potential impact on the Indian Air Force's existing fleet and maintenance infrastructure. Surjewala's comments come after Prime Minister Narendra Modi and President Donald Trump unveiled plans for a 10-year defense partnership between India and the US, including potential F-35 sales.
The Congress on Tuesday filed a writ petition in the Supreme Court challenging the recent amendments to the Conduct of Election Rules, 1961 and expressed hope that the apex court will help restore the 'fast eroding' integrity of the electoral process.
'Nearly 10 million people will benefit from the increase in the rebate limit for those earning up to Rs 12 lakh.' 'We expect all that money will come back into the economy in either savings, consumption, or investments.'
To govern effectively, to legislate successfully, Modi must reach out to the Opposition. As long as he does not and he is showing no signs that he accepts the reality, the drift his fans are anguishing over will remain, cautions Aakar Patel.
The West Bengal government has suspended 12 doctors of Midnapore Medical College and Hospital for negligence following the death of a woman and four others falling ill after childbirth. The incident is alleged to have been caused by the administration of 'expired' intravenous fluid. Chief Minister Mamata Banerjee announced a compensation of Rs 5 lakh and a government job to the family of the deceased woman.
'Going forward, the encouragement would be to move to the new tax regime.'
Seven MLAs were absent from the meeting with formal information on medical grounds, while notice was received from 11 MLAs for their absence without reasons, it said.
State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.
The Supreme Court of India has directed all high courts, state governments, and union territories to ensure the availability of separate toilet facilities for men, women, persons with disabilities (PwDs), and transgender persons in all court premises and tribunals across the country. The court stressed the importance of public health and the right to privacy, stating that adequate public toilets protect women and transgender persons. The court also expressed concern about the condition of public toilets near toll plazas on national highways and emphasized the need for proper sanitation facilities in court premises for judges, advocates, litigants, and staff members. This decision highlights the importance of access to basic amenities in ensuring a fair and dignified justice system.
While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
'Spend, but create assets, spend but make sure that people benefit from it.' 'This has been a beautiful guiding principle. And I think as a finance minister I owe so much to the prime minister for keeping this path clear before us.'
The allegations were levelled by prominent grapplers such as Vinesh Phogat, Bajrang Punia, Sakshi Malik and Ravi Dahiya.
The SCBA said it unanimously opposes the proposed museum in the high security zone and pressed the demand for a library and a cafe cum lounge.
The ruling Bharatiya Janata Party on Thursday took a major step to implement its key plank of "one nation, one election" as the Union Cabinet headed by Prime Minister Narendra Modi approved the constitutional amendment bill to roll out the concept of simultaneous Lok Sabha and state assembly polls, sources said.
The Pal-led committee is currently on a tour of five states to speak to various stakeholders though opposition members have boycotted it.
The bills -- the Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Bill -- were introduced in the Lok Sabha by Home Minister Amit Shah on August 11.
In a relief to homebuyers, assets in a real estate project that have been handed over to the allottee would be kept out of the liquidation process of the company, the latest amendment to the rules by the Insolvency and Bankruptcy Board of India (IBBI) has said. The notification dated February 12 said: "For the purposes of clause (e) of sub-section (4) of section 36, wherever the corporate debtor has given possession to an allottee in a real estate project, such asset shall not form a part of the liquidation estate of the corporate debtor." Real estate experts call it a "pragmatic approach" by the regulator. "However, there are many cases where possession has not been given because the property is stuck in insolvency.
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