The Union Cabinet on Wednesday gave its nod for amendments in the Insurance Act, paving way for 74 per cent foreign direct investment in the sector. Currently, the permissible FDI limit in the life and general insurance stands at 49 per cent with ownership and management control with Indian. According to sources, the Cabinet in its meeting has approval for amendments in the Insurance Act, 1938.
Pakistan's ISI chief Lt Gen Nadeem Ahmed Anjum said on Thursday that Army chief Gen Qamar Javed Bajwa was given a "lucrative offer" in March by the then government amidst the political turmoil, as the powerful top spy launched a veiled attack on ousted premier Imran Khan at an unprecedented press conference.
Small Chinese-made drones, carrying narcotics in 95 per cent cases, are flying over from across the border into Punjab and Jammu regions and these flights are a "cause of concern" for which technology solutions are being scouted actively, BSF director general (DG) Pankaj Kumar Singh said on Tuesday.
The total amount covered by interim orders of no coercive action passed by the courts in such matters is approximately Rs 67,000 crore, the government told a bench headed by Justice A M Khanwilkar.
Facebook and Google officials in New Delhi on Tuesday deposed before the Parliamentary Standing Committee on Information Technology on the issue of misuse of social media platforms.
As part of the exercise, preventive checks at different airport functions have been carried out and the airport has ensured that diesel generator sets are in place to provide uninterrupted power supply, the MIAL said in a release.
Media major Zee Entertainment Enterprises Ltd (ZEEL) has cancelled its board meeting, scheduled to be held on Wednesday for considering the results for the July-September quarter, due to lack of quorum. In a regulatory filing on Tuesday, ZEEL said, "A meeting of the Board of Directors of the Company, which was scheduled to be held on Wednesday, October 27, 2021, inter alia, to consider and approve the unaudited financial results of the Company both on a standalone and consolidated basis for the 2nd quarter and half year ended September 30, 2021, has been cancelled due to lack of quorum." The development comes at a time when the company is battling it out the single-largest shareholders Invesco Developing Markets Fund (formerly Invesco Oppenheimer Developing Markets Fund) and OFI Global China Fund LLC that together hold 17.88 per cent and have been pressing for an extraordinary general meeting of shareholders for removing managing director Punit Goenka, besides opposing ZEEL's proposed merger deal with Pictures Network India (SPNI).
Coming to the rescue of the critically endangered great Indian bustard (GIB), the Supreme Court on Wednesday mooted the idea of launching 'Project GIB' on the lines of 'Project Tiger', which was started in 1973 to save the big cats, and sought the government's view on the proposal.
Prohibitory orders banning the gathering of people were imposed in Karnal on Monday, a day ahead of a farmers' planned gherao of the mini-secretariat over the August 28 lathicharge episode, officials said.
'India's acts of goodwill fully demonstrate its friendship with China'
Amid the raging controversy regarding Uri Gowda and Nanje Gowda, the Vokkaliga chieftains who according to a section allegedly killed erstwhile Mysuru ruler Tipu Sultan, a prominent seer of the community on Monday urged putting an end to the issue, citing lack of historical evidence in this regard.
India has reiterated that members have spent over a decade on the Doha Round and it should not be kept hanging.
Pakistan on Monday successfully test launched a surface-to-surface ballistic missile capable of carrying nuclear and conventional warheads to a distance of 2,750 kilometres, bringing most Indian cities under its range.
Anti-CAB protests intensify in Guwahati even as the PM appealed for calm, assuring the people of the state that the govt will protect their interests.
A bench headed by Chief Justice S A Bobde said that there were enough safeguards to ensure fair inquiry by the judicial panel into the encounter which took place in Kanpur.
'To safeguard himself he moves around with his personal security. That's it.'
Steps such as safeguard duty in the works to plug the route
The government on Friday warned about the declining compliance to mask usage in the country amid concerns over the Omicron variant of the coronavirus and urged people to follow COVID-appropriate behaviour and get vaccinated to prevent surge in cases.
A group of lawyers and activists want India's privacy law to ensure that autonomy, dignity and privacy are safeguarded, and proposes a penalty provision of up to Rs 10 million for those found violating the code and a jail term extending up to three years or a combination of both. Mayank Jain reports.
A high-powered probe committee set up by Lieutenant Governor Manoj Sinha visited the site and appealed to the general public to share videos, statements or any other evidence about the incident.
Calculators have been exported to India from China below the normal value
If you opt for a term-life cover, buy separate policies to cover the loan for all the co-borrowers in a home loan for a sum assured equal to the home loan amount.
Hubei province, the epicentre of the outbreak, reported 5,806 confirmed cases, including 204 deaths, official media reported.
In its first official account of the standoff between the two militaries, the ITBP revealed how its troops "not only effectively used shield to protect themselves but also responded fiercely to advancing PLA (Chinese People's Liberation Army) troops and brought the situation under control". "The ITBP has recommended the names of 21 men who faced the Chinese during the face-offs and skirmishes in May-June this year for gallantry," it said.
Independent directors were supposed to safeguard the interest of all stakeholders.
Two top Army commanders on Saturday said the fresh ceasefire between India and Pakistan will have no bearing on the counter-terrorism operations in Jammu and Kashmir and that the force will exercise 'maximum restraint' in the event of any violation by the neighbouring country.
Roopa has now been posted as commissioner for road safety & traffic.
The talks took place in a beach resort in Benaulim on the sidelines of a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation.
The SC will hear the plea by Mumbai's former Police Commissioner Param Bir Singh seeking direction for immediate 'impartial and fair' CBI probe into alleged corrupt malpractices of Maharashtra Home Minister Anil Deshmukh.
Markets watchdog Sebi on Tuesday decided to tighten norms for utilisation of IPO proceeds by companies, introduce special situation funds to invest only in stressed assets and amend various regulations, including those on mutual funds and settlement proceedings. The board of Sebi, which met on Tuesday, also gave its nod for amending Foreign Portfolio Investor (FPI) regulations and introducing a provision for appointment or re-appointment of any person, including as a managing director or a whole time director or a manager, who was earlier rejected by the shareholders at a general meeting. Once the amended norms are in place, such appointments or re-appointments can only be done with the prior approval of the shareholders.
Since the bankcuptcy law came into effect from December 2016, with every quarter, the recovery rate has progressively been going down, notes Tamal Bandyopadhyay.
To propel demand, one should concentrate on indirect taxes and bring down the goods and services tax (GST) rates to a uniform 12 per cent as the Vijay Kelkar panel had recommended, said Ajit Ranade, chief economist at Aditya Birla Group.
The week is being termed as a 'black week' for the aviation industry.
The new form will only require a complainant to mention the product and GST identification number of the seller
The former Mumbai Commissioner of Police, a 1988 batch IPS officer also sought quashing of the order transferring him from the post of Mumbai CP alleging it to be "arbitrary" and "illegal".
Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.
The team of 21 Rashtriya Rifles had entered the house of a civilian to prevent a hostage situation when they came under attack from the terrorists who had already reached there. While the four army personnel and the police Sub Inspector lost their lives in the encounter, the civilians trapped in the house were safely evacuated.
The next step is the charter, which aims to safeguard consumer rights and address criticism about the government not doing enough for passengers.
If the fear of ED could drive the powerful people of today to be honest or at least be minimally corrupt, will it not be a great thing for our nation?, asks Sudhir Bisht.
The bodies of two terrorists had been recovered on Sunday.