Officials said Sebi first proposed to the FinMin to amend the relevant provisions in the Sebi Act to discontinue RBI's representation on its board, as it already has adequate presence of government nominees and in its over 25 years of existence the regulator has evolved as an "effective and one of the best in the world".
For its development, India needs a movement akin to the freedom movement, Prime Minister Narendra Modi said on Saturday.
Stalin has given due respect to seniority in the pecking order, but has also taken into consideration the demands of individual ministries and the suitability of individuals, observes N Sathiya Moorthy.
Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.
'The corporate tax cuts will obviously result in lower tax payments by companies,' says Central Board of Direct Taxes member Akhilesh Ranjan who retires after 37 years in government service.
'The AMs are a different beast and reflect the political play within the government.' 'Prime Minister Modi does not need to assuage any interest group to take the final call on any decision that belongs rightfully to the Cabinet,' points out Subhomoy Bhattacharjee.
Allegations of predatory pricing may not hold ground in the high-pitch turf battle for consumers' pocket between e-tail and retail.
'When Sachin Tendulkar bats, no one in India cares if he is from Mumbai or if he is a Hindu or a Brahmin or whatever.' 'We just want him to win it for India.' 'The same is with Modi and the people who voted across caste and regional lines for him.' We want him to win it for India,' says Madhu A K.
'The attempt to build a negative narrative about India's economic performance is disingenuous.' 'For the investors as well as the targeted beneficiaries of welfare schemes, the ground reality is very different,' argues Rajiv Kumar, vice-chairman, NITI Aayog.
After receiving the award, Chanda Kochhar said, "As I see the list of past recipients of this honour, I feel inspired to be counted as one among them.
An alumnus of IIM-A from the 1983 batch, Nanda was a Robert Braucher Professor of Practice at Harvard Law School and later a Harvard Business School faculty member, before he took charge on September 2, 2013.
It is not just in the film industry. It happens everywhere, she said.
'An isolationist US and a disintegrating European Union will create a power vacuum that only China is in a position to fill -- a conclusion that is uncomfortable but unavoidable,' says Nitin Desai.
'Relations between India and Japan are robust and devoid of either shadow of history or any irritant.' 'In fact, there is plenty of warmth and goodwill earned over history. There are no negatives but only opportunities,' notes Dr Rajaram Panda.
'Ultimately, people will revolt at one time or the other.' 'You cannot feed the public with cultural issues forever.'
How has the Indian State, in principle and practice, given shape to the essential ingredients of the secular principle and composite culture?
Overseas education consultant NNS Chandra shares advice on how to pick the right international education.
The government on Friday said in Rajya Sabha that it is "not in favour" of abolishing the capital punishment considering the "prevailing circumstances" in the country.
In a major move, the government has amended service rules to ensure that Indian Administrative Service, Indian Police Service and Indian Forest Service officers maintain "high ethics" and "political neutrality" while discharging their duty.
Hard selling India as an investment destination at the WEF, Modi said the government is following the principle of reform, perform and transform.
'To treat a Hindu fleeing persecution and certain death in Pakistan, Bangladesh or Afghanistan on par with a Muslim voluntarily sneaking into India for economic reasons or otherwise is callously cruel, blatantly perverse and grossly unjust.' 'The concept of equality cannot be invoked to perpetuate a historical wrong that needs to be righted,' argues Vivek Gumaste.
Rajan encouraged the Indian-American business community to get involved in the 'nitty gritty of the implementation process,' saying such involvement was not difficult especially since the Indian government has the political will to reform.
'The significance and timing of the PM's start of the campaign journey from Silchar is a clear message that the Barak valley is a priority in his scheme of things,' notes Subimal Bhattacharjee.
Jaitley, 66, has become 'very weak' as his health has deteriorated over the past few weeks, sources said, adding that he has developed some throat condition as well that prevents him from speaking for long.
'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.
'If the museum in his memory inspires and instils among Brahminical British Indians an attitude of equality towards Dalits, the edifice would be worth it,' reports Ashis Ray.
H-1B visa is a non-immigrant visa, which allows US employers to temporarily employ foreign workers in speciality occupations
The European Commission said this month that EU member states should only ban "sharing economy" services as a last resort.
'This novel format of diplomacy -- the informal summit -- will not only facilitate bilateral communication and reduce miscalculations at the very top level of the two governments, but possibly open the space for China and India to speak in one voice on various issues of mutual concern,' note Feng Renjie and Ding Kun Lei
China has launched a host of reforms to halt the slow down of the economy, which is hovering around seven per cent with forecasts that it would dip down further.
Such listings will help internationalise our currency, give us economic heft, compel best in class regulations and further develop the professional-services ecosystem., says Amit Tandon.
The appeals came against orders of the Central Information Commissioner in various cases.
The New Year would be the "year of national solidarity", he said, adding that the nation would witness the birth of peace and justice in the year.
Tata companies perform well while major firms in emerging markets do badly.
'From Doklam to Wuhan and the return of the India-China relationship to its previous equilibrium is indeed a major contribution of President Xi and PM Modi. Without any doubt they deserve the kudos for their sagacity and their wisdom,' says Ambassador Gautam Bambawale, India's envoy to China during the Wuhan summit.
Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.
CBDT circular issued last month had raised multiple taxation concerns.
'On the one hand it will appeal to pan-Hindu sentiment and on the other opposition to it could well strengthen support for the BJP among Hindu voters.'
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
Complicated social phenomena behind it, says Ajit Balakrishnan.
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