Prime Minister Narendra Modi on Thursday thanked Qatari Emir Sheikh Tamim bin Hamad Al-Thani for the release of eight Indian nationals, who were sentenced to death after being arrested in Doha in August 2022.
The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). The initial corpus for the Corporate Debt Market Development Fund (CDMDF) is nearly Rs 3,100 crore, according to multiple government officials and AMC executives. "The fund is operational now. "The required corpus has been raised by AMCs and the remaining part (Rs 30,000 crore) is in the form of a guarantee from the government which will be activated only in case of a credit event," explained D P Singh, joint CEO and deputy MD, SBI MF.
The Bill will come up for discussion in the upcoming winter session of the Parliament.
The inflation target of the RBI would be reviewed once every five years.
The bill would prohibit unaccounted money from being pumped into the sector and as now 70 per cent of the money has to be deposited in bank accounts through cheques.
The bill seeks to ensure health-care, treatment and rehabilitation of persons with mental illness "in a manner that does not intrude on their rights and dignity."
Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.
"The provisions of the said bill are nothing short of draconian and promote gross incompetence and mockery of professionals currently working day and night and sacrificing their youth for this broken system," said the protesting doctors.
HDFC Bank expects to amalgamate its home loan major parent HDFC into itself by September next year, a top official said on Friday. Both HDFC and HDFC Bank held general meetings on Friday to seek shareholder approvals for what is billed as the largest merger in Indian corporate history at over $40 billion. At the time of announcing the merger on April 4 this year, the entities had said the merger will take 12-18 months.
The Ministry of Ports, Shipping and Waterways has released a draft to amend the Indian Ports Act, 1908, which aims to bring in sweeping reforms in the sector by bringing non-major ports into the national fold, creating a new mechanism for resolution of disputes, and empowering maritime state development council (MSDC). The draft bill will see comments from stakeholders before being tabled in Parliament. "The Indian Ports Act, 1908 is more than 110 years old. It has become imperative that the Act is revamped to reflect the present-day frameworks, incorporate India's international obligations, address emerging environmental concerns, and aid the consultative development of the ports sector in the national interest," the shipping ministry said.
The new Insurance Bill will boost investment in the sector
'The Child Labour (Prohibition and Regulation) Amendment Bill' makes employment of children below 14 years as cognisable offence for employers and provides for penalty for parents.
In Amman, Biden will meet with King Abdullah of Jordan, Egyptian President Abdel Fattah El-Sisi, and Palestinian Authority President Mahmoud Abbas.
The bill sanctions Russia -- citing its cyberhacking as well as aggression in Ukraine and Syria -- while also slapping new sanctions on North Korea and Iran.
The poll process for the second tier of the Panchayati Raj system will be completed by November 5, he said.
Congress in charge for Rajasthan Sukhjinder Singh Randhawa said that the one who does not follow the ideology of the Congress has no place in the party and the decision to sack Gudha was a collective decision.
Currently, the select committee is considering the Bill.
The move by the Andhra Pradesh cabinet came after the Y S Jaganmohan Reddy government last week failed to pass in the Upper House of the state legislature two crucial Bills related to its plan of having three capitals for the state.
Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.
The Aam Aadmi Party has charged that the ordinance, promulgated Friday night, "overturns" the May 11 apex court order giving the elected government in Delhi the control over services matter. The development has set the stage for an intense confrontation between the Arvind Kejriwal dispensation and the Centre and the Lt Governor.
Making a case for reforms in the pension sector, the Economic Survey 2010-11 on Friday said the Parliament should expeditiously clear the long pending PFRDA Bill.
The government introduced the 122nd Constitution amendment Bill.
'As soon as the violence broke out, they should have stepped in and sent a message that the state is there to stop this violence.' 'Had they done it right there, the situation would not have gone out of control.'
Team Anna has been granted permission by the Mumbai Metropolitan Region Development Authority to use its ground in Bandra-Kurla complex from December 27.
The Group of Ministers on Telangana is set to discuss the draft bill for the creation of Telangana on Saturday.
The Congress on Sunday made it clear that it will not support the Centre's ordinance on the control of administrative services in Delhi and will oppose any such attempt of the central government to 'sabotage federalism' in the country.
States are apprehensive of losing their rights to raise revenue during emergencies.
Last week, a Rajya Sabha committee had allocated five hours for discussion on GST.
The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.
LIC and GIC employees will go on strike on Tuesday to lodge their emphatic protest against the 'ill-advised' two Bills the Government of India introduced in Parliament on Monday. The office bearers of Insurance Employees' associations said the increase in FDI limit under external pressure results in increased access to private foreign capital over domestic savings, thereby weakening the public sector LIC of India.
The move will lead to augmentation of water infrastructure in the country
West Bengal Chief Minister Mamata Banerjee on Tuesday assured her counterpart from Delhi Arvind Kejriwal, that her party would support him in his fight against the central ordinance to control appointments and transfer of bureaucrats.
Parents of the December 16 gang-rape victim on Tuesday welcomed the passage of the long-pending Juvenile Justice Bill saying that it will deter juveniles from committing such crime against women even though they rued that their daughter has been denied justice.
Bollywood veteran actor Anupam Kher visited Mumbai Metropolitan Region Development Authority to express his support to Team Anna and passage of Jan Lokpal Bill. Toral Varia Deshpande speaks to Anupam Kher.
The ministry of home affairs has suspended the Foreign Contribution Regulation Act (FCRA) licence of prominent public think-tank Centre for Policy Research (CPR) over violation of laws, officials said on Thursday.
While going back to the old bill is only a face saver, there is little in the bill that will excite industry or the markets, says Shishir Asthana.
Even as floods play havoc in Uttarakhand, several states have opposed the provisions of a 38-year-old Model Flood Bill aimed at minimising losses to life and property in the natural calamity.
The security at the ground of Mumbai Metropolitan Regional Development Authority in suburban Bandra-Kurla Complex will comprise 2,000 constables, 200 sub-inspectors of police, six platoons of state reserve police force, three teams of Quick Response Team and two Bomb Detection and Disposal Squads.
India is one of the largest manufacturers of pharmaceutical products in the world with the annual production valued at over Rs 2 lakh crore.
Coming down heavily on Team Anna's agitation, the Bombay high court on Friday said it can't allow "parallel canvassing" when Parliament is seized with debate on Lokpal Bill and questioned its decision to seek exemption from charges to use MMRDA grounds for Anna Hazare's proposed fast.
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