Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Director of the Central Board of Directors of RBI, Governor Raghuram Rajan said.
The report added that cult members had approached certain members of the cricket team, who are Buddhists, to influence them. The panel, constituted in November last year to assess the performance of the 2014 World Cup champions and probe the influence of the cult on team selection, has, however, recommended that "special attention" must be given to prevent the movement from making inroads into the team.
Prime Minister Manmohan Singh has asked the Planning Commission to prepare workable models for implementing the proposed universal health coverage programme.
The collision caused a minor dent to the train's front panel.
The committee will suggest an action plan for abolishing the present system of classifying expenditure into plan and non-plan, an official statement said.
A controversy broke out on Sunday over Justice Sikri getting a government offer last year for a post-retirement assignment at the London-based Commonwealth Secretariat Arbitral Tribunal (CSAT), three days after his vote, as a representative of CJI Ranjan Gogoi on the panel, helped decide the removal of Verma as CBI director.
Amidst a debate on controversies surrounding some of the Comptroller and Auditor General reports, the high level committee that went into the Commonwealth Games related projects, has suggested changes in the functioning and structure of top audit and vigilance bodies like the Comptroller and Auditor General making it a three-member body.
The Gauhati High Court on Sunday stayed the Wrestling Federation of India elections, scheduled for July 11.
Seven pilgrims from Uttar Pradesh and three from Delhi were among the 12 people who died in a stampede at Vaishno Devi shrine atop Trikuta hills in Reasi district of Jammu and Kashmir in the early hours of Saturday, officials said.
Former Governor of Punjab Shahid Hamid and ex-cricketer Intikhab Alam have been named in the Pakistan Cricket Board's high-level committee to probe the dope scandal involving pace duo Shoaib Akhtar and Mohammad Asif.
India have been fined 60 per cent of their match fee for maintaining a slow over-rate against New Zealand in the first ODI in Hyderabad on Wednesday.
The panel's recommendations will be aimed at making a predictable and non-adversarial tax regime in the economy.
They host objectionable content that led to northeast violence.
On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.
A high level committee, which went into alleged financial irregularities in Commonwealth Games, has strongly indicted suspended Prasar Bharti CEO B S Lalli and Doordarshan Director General Aruna Sharma, accusing them of "collusion" with a UK-based firm which benefited Rs 135 crore in the broadcast deal.
"If the tax holiday is withdrawn, STPIs will lose the level-playing field vis-a-vis special economic zones. We have recommended that the government either withdraw the tax holiday to SEZs or continue the incentive to IT companies," an official with knowledge of the deliberations told Business Standard. STPIs enjoy direct tax exemption under sections 10A and 10B of the Income-Tax Act, 1961. The benefits are scheduled to expire on March 31, 2009.
Nitin Menon is among 10 officials grouped in the newly introduced A+ category of BCCI umpires.
Acentral panel directed authorities to ban the plying of 4-wheeled diesel LMVs in Delhi and adjoining NCR districts and the entry of trucks into the capital.
The CJI also dealt with the principle of affirmative action by the state and said it was meant to achieve broader equality and was not against the right to equality.
"We should encourage greater outward investment by provident funds and insurance companies when inflows are high. Such diversification will make these funds more stable (give them less exposure to high volatility India markets)," said the draft report of the the Committee on Financial Sector Reforms, headed by former IMF Chief Economist Raghuram G Rajan.
Commodity investments can help you diversify your portfolio in asset classes other than equity and debt, says Dwaipayan Bose.
The annual expenditure on contractual manpower in 2012-13 was about Rs 300 crore.
The Finance Ministry should encourage local manufacturing of currency paper to check counterfeits and exempt its production from excise duty, a high level committee has said.
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 Reserve Bank is likely to maintain status-quo on the key interest rates for the third time in a row in its upcoming bi-monthly policy review despite the US Federal Reserve and the European Central Bank hiking benchmark rates, as domestic inflation is within the RBI's comfort zone, say experts. The borrowing cost which started rising in May last year has stabilised with RBI keeping the repo rate unchanged at 6.5 per cent since February when it was raised from 6.25 per cent. In the previous two bi-monthly policy reviews in April and June the benchmark rate was retained.
Heeding the demand of suspended Indian Police Service officer Sanjiv Bhatt, Nanavati Commission on Wednesday ordered a high-level inquiry into the alleged destruction of 2002 post-Godhra riot papers.
Moving swiftly after the conclusion of the Commonwealth Games, the government constituted a high-level committee headed by former Comptroller and Auditor General VK Shungloo to look into the organising and conduct of the Games.
Apprehending a slowdown in the growth of the economy due to the hardening of interest rates, the appreciating rupee and falling tariffs, the government has decided to set up a group to discuss the impact of these changes.
The Financial Inclusion Advisory Committee under RBI Deputy Governor K C Chakrabarty is expected to suggest appropriate regulatory framework to ensure that financial inclusion and financial stability move in tandem, the RBI said in a statement.
In view of the severe drought and growing prices of essential commodities, Prime Minister Manmohan Singh has constituted a crisis management group of Ministers (GoM) for monitoring the situation on a day-to-day basis.
Basketball player Satnam Singh Bhamara, who became the first Indian to be drafted into an NBA team before being banned or doping, has decided to try his hand at wrestling by sealing a deal with a professional league in the United States.
The guidelines would also enable the proposed merger of national carriers Air-India and Indian.\n
With Onam and Raksha Bandhan just around the corner, the festival season is ready to kick off in full swing. As people embrace the celebratory spirit, companies anticipate a surge in sales this year. Consumer durables firms are expecting strong growth of 40-50 per cent in the premium segment during the upcoming season. Appliance makers also foresee increased demand for cooling appliances - refrigerators and air conditioners - which were impacted by unseasonal rainfall.
Favours stricter impact mitigation rules, monitoring.
A high-level commission appointed by Sri Lankan President Mahinda Rajapaksa to look into the last seven years of conflict with the Liberation Tigers of Tamil Eelam opened public hearings on Wednesday, amid global apprehensions over its credibility and mandate to probe war crimes.The eight-member 'Lesson Learnt and Reconciliation Commission' recorded the testimony of its first witness, former top diplomat Bernard Goonatilake.
A notice by the office of Supreme Court Secretary General also said that the report of the committee constituted as part of the in-house procedure is not liable to be made public.
With inflation under control, the Monetary Policy Committee's (MPC's) job is to support growth because the economy had recovered well from the lows in the initial months of the pandemic, according to the panel's members, who met in the first week of this month. The minutes of the meeting show the Reserve Bank of India (RBI) governor in his statement said: "Given the sharp moderation in inflation along with a stable near-term outlook, monetary policy needs to continue with the accommodative stance to ensure that the recovery gains greater traction and becomes broad-based." Ashima Goyal, external member of the MPC, said: "The current macroeconomic configuration and its expected future evolution imply there is space for the MPC to continue to support the revival of the economy with inflation remaining in the target band."
A high-level committee on oil PSU recast has advised against merger of any state-run firms and recommended a national shareholding trust to hold government stake in them.
Among the key demands of agitating farmers has been a legal guarantee on minimum support price (MSP). The protest reached a crescendo when thousands of farmers from Punjab and elsewhere marched towards Delhi late last year and decided to block the main entry points once they were denied entry. The Centre, on its part, held 11 rounds of discussions with the protesters and even offered to amend some of the provisions without much success. With now one of their chief demands met, farmers have now moved on to force the government to concede on MSP.
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