The Reserve Bank is working on a phased implementation strategy for its own digital currency and is in the process of launching it in wholesale and retail segments in the near future, RBI Deputy Governor T Rabi Sankar said on Thursday. He said the idea of Central Bank Digital Currency (CBDC) is ripe, and many central banks in the world are working towards it. Sankar further said CBDC is needed to protect consumers from the "frightening level of volatility" seen in some of the virtual currencies which have no sovereign backing.
However, students unable to appear in final-year exams in September will get another chance and universities will conduct special exams 'as and when feasible', according to a revised guidelines issued by the University Grants Commission (UGC).
Whenever there is an evaluation scheme, it is human tendency to score as high as possible. None would like to highlight their shortcomings, and everyone likes to highlight their positives. This is what is happening in this context of rankings as well, points out Profesor N Ravichandran.
The Board decided to award full marks for it to students, following an outrage over the board allegedly promoting 'gender stereotyping' and supporting 'regressive notions'
The Assam government has set up an eight-member committee to prepare a framework for implementation of all clauses of the 36-year-old Assam Accord, especially the Clause-6 report prepared by a central panel pertaining to protecting the cultural, social and linguistic identity and heritage of the indigenous people, officials said on Saturday.
If we accept that there is a challenge in Punjab today, any realistic progress can only be made if the rest of the country, especially the government and the ruling party, engage with this sense of grievance, points out Shekhar Gupta
As many as 34 new drugs were added to and 26 dropped from an updated list of essential medicines on Tuesday, with the government saying this will reduce "patients' out-of-pocket expenditure". The National List of Essential Medicines (NLEM 2022) has 384 drugs, up from 376 in 2015. "Drafting this list is a lengthy process, and around 350 experts from across India have held over 140 consultation meetings to draft the NLEM 2022," Union Health Minister Mansukh Mandaviya said.
The Supreme Court on Monday said that it would hear next week pleas challenging the Centre's 'Agnipath' scheme for recruitment in the armed forces.
The aim is also to push for post-mortem for organ donation even after sundown if adequate infrastructure is available.
Globally recognised organisations including the CDC, the Clinton Foundation, and domestic pharmaceutical and health care companies have sent their teams to visit the centres and study the concept, reports R Krishna Das.
The Supreme Court on Tuesday said the plea for an SIT probe into the damage to public properties during the protests against Agnipath will be listed for hearing after the Chief Justice of India takes a decision in this regard.
Russia's Sputnik V vaccine is currently being manufactured in India by Dr Reddy's Laboratories.
"We agree with the Supreme Court that this matter is complicated and this requires a serious and experienced judge. Court has said the district court will look into it. We agree with the Supreme Court," he said.
Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money. Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.
The government on Wednesday withdrew the Personal Data Protection Bill from Lok Sabha and said it will come out with a 'set of fresh legislations' that will fit into the comprehensive legal framework.
District Judge AK Vishvesha turned down the Hindu petitioners' plea seeking scientific investigation and carbon dating of the 'shivling', citing Supreme Court directives for its safe keeping so that no tampering can be done.
'Why should our government opt for unproven technology that has been rejected by most countries across the globe?' 'Being dependent on any other nation to supply you seed for your good crops is another form of slavery.'
The administration started preparing for the demolition of two precariously standing hotels in subsidence-hit Joshimath in Uttarakhand on Tuesday, but faced protests from their owners and locals on the issue of compensation, while more families were evacuated from the danger zone as the number of affected houses rose to over 700.
I was offered Delhi CM's post or face jail term, Sisodia said.
Passed by a voice vote, the Himachal Pradesh Freedom of Religion (Amendment) Bill, 2022, also bans "mass conversion" - described as two or more people converting at the same time - through force or allurement .
The AIMPLB appealed to the Centre to not undertake the Uniform Civil Code.
The members of Parliament attending Parliamentary Standing Committee meetings will have to sit six feet apart, and not more than two witnesses from the ministry concerned can appear before the panel at a time. As per the protocol for meetings of Rajya Sabha Committees, members have to ensure conformity with physical distancing norms.
Detailing the guidelines for examinations and academic calendar for the universities in view of the COVID-19 pandemic and subsequent lockdown, the commission said the exams for final semester students be conducted in July. The varsities may decide whether to conduct exams online or offline keeping in view the support system available with them and ensuring fair opportunity to all students.
The Supreme Court Thursday dismissed a plea filed by Facebook India Vice President and MD Ajit Mohan challenging the summons issued by the Delhi Assembly's Peace and Harmony committee for failing to appear before it as witness in connection with the north-east Delhi riots last year.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
The Enforcement Directorate (ED) may initiate a money laundering investigation over the framing and execution of the Aam Aadmi Party government's excise policy, official sources said on Friday after the Central Bureau of Investigation raided Delhi Deputy Chief Minister Manish Sisodia and others in the matter.
The bench asked the respondents to file their response to the petition which seeks the constitution of a committee to examine 'workable solutions' to ensure that a kirpan permitted to be carried on the flight is 'appropriately designed and crafted' and does not have a blade length beyond 4 cm.
The Supreme Court on Wednesday said there must be a "debate" on the "serious" issue relating to the practice of political parties promising freebies and asked why cannot the Centre call for an all-party meeting on it.
The desertion by more than two-thirds of the Congress legislative party makes TMC, a newbie in Meghalaya, the principal opposition in the Northeastern state.
According to a United Nation Women report, most of these 34 countries were developing nations including Pakistan, China, Bangladesh, Myanmar, Sri Lanka, Haiti, Laos, Mali, Senegal, Tajikistan and Botswana.
The bench said that validity of criteria of Rs 8 lakh for determination of EWS for future years will be subject to final adjudication of the batch of petitions and listed the pleas for final hearing on March 5.
"Justice must not only be done, but also be seen to be done," the Supreme Court observed on Wednesday while declining the Centre's plea to allow it to appoint an expert committee to probe the allegations of use of spyware Pegasus for surveillance of certain people in India.
'This was an unprecedented and tough situation.' 'I am glad that following a balanced approach we resolved the task at hand in a pragmatic and positive manner.'
'What he says, he does.' 'People say if Khargesahab has said something, it will be set in stone.'
The hijab-clad students, who came along with their parents, pushed into the compound gate of the college despite a strict order given by the authorities that wearing hijabs will not be allowed as per the status quo on dress code issued by the state government.
Significantly, these 12 officers would form a major part of the team that the new army chief will inherit, observes Rana Banerji, who headed the Pakistan desk at RA&W, India's external intelligence agency.
The electoral contest would take place between Kharge and Shashi Tharoor, and voting will take place on October 17 in every state capital through secret ballot.
A 19-year-old girl appearing for an examination in Assam was made to wrap a curtain around her legs by an invigilator who chafed at her wearing shorts, provoking outrage and allegations of gender bias, and prompting university authorities to order an inquiry. The girl's family has, however, decided against taking the matter further in the interest of her mental well-being and academic future.
The panel headed by former Special IT Secretary M Madhavan Nambiar and former health secretary Rajeev Sadanandan, will also ascertain whether adequate procedures were followed while finalising the arrangements with the private company, Sprinklr. The Opposition Congress has been levelling charges that the collection of data by the US firm violated the fundamental rights of the patients.
The Supreme Court Monday said no state should deny the ex-gratia compensation of Rs 50,000, as recommended by National Disaster Management Authority (NDMA), to the kin of persons who died of COVID-19 on the sole ground that death certificate does not mention it as the cause of death.
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