In the continuing tug of war between Narendra Modi government and the governor, the state assembly on Tuesday passed the Gujarat Lokayukta Ayog Bill 2013 for a second time without incorporating any major changes sought by Raj Bhavan, setting the stage for a fresh confrontation.
The markets are yet to recover from yesterday's Budget. At 1001 hrs the BSE Sensex down 55 points at 4789. NSE Nifty is down 16 points at 1502.
The Supreme Court on Thursday refused to grant any interim relief and stay the Life Insurance Corporation (LIC) IPO share allotment on a batch of pleas filed by some policy holders. A bench of Justices DY Chandrachud, Surya Kant and PS Narasimha said that the court should be reluctant to grant any interim relief in matters of commercial investments and IPO. "We are not inclined to grant any interim relief", the bench said as it issued notice to the Centre and LIC on the batch of pleas seeking their response within eight weeks.
Ghulam Nabi Azad and Anand Sharma succeed in convincing Rahul Gandhi of zero returns in blocking Parliament.
The increasing involvement of Big Tech in the financial system could give rise to concentration risk and there are potential spillovers, which call for closer attention, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday. "...enormous amounts of consumer data is being generated and leveraged upon by a few entities (the so-called Big Tech) by virtue of their huge customer base. "Such developments raise concerns on concentration risk and potential spillovers as their level of engagement with the financial system strengthens in the years to come," Das said at the Global Fintech Fest 2022.
Taking a leaf from the US, Canada and the UK, where students and research scholars get to work with Parliamentary panels, Lok Sabha Speaker Sumitra Mahajan is pushing for induction of interns in the Parliamentary standing committees.
The Vajpayee government has recommended to President A P J Abdul Kalam to dissolve the Lok Sabha on February 6, a day after the session ends.
In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.
The Delhi Cabinet on Friday decided to call a special session of Assembly to take up the Jan Lokpal Bill, which seeks life term as maximum punishment for corrupt babus, on February 16 at the Indira Gandhi Indoor Stadium instead of historic Ramlila ground as announced earlier.
India has lost three finals and on four occasion it bit dust at the semifinal stage. It also made an exit at the preliminary stage of the 2021 T20 World Cup.
What some of our leaders were up to on Friday, November 11.
73-year-old Prasad is in custody following his conviction and sentence by a Central Bureau of Investigation court in February in a fodder scam case involving embezzlement of over Rs 139 crore from Doranda treasury.
Lok Sabha on Thursday passed two bills before the proceedings were adjourned for the day amid continuous protests by opposition members over the Pegasus spying row and farmers' issue.
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