In the 56-page report released to the media after laying down office as Vigilance Commissioner, R C Samal accused three ministers and 18 senior All India Services (IAS, IPS and Indian Forest Service) officials of indulging in corrupt practices.
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.
A high level committee to revamp the Directorate General of Foreign Trade is mulling giving the directorate more teeth to undertake anti-dumping investigations and monitor imports of sensitive items.
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 Gauhati High Court on Sunday stayed the Wrestling Federation of India elections, scheduled for July 11.
The unrest in the Sandeshkhali region of West Bengal ballooned into a major political row on Thursday as Chief Minister Mamata Banerjee blamed the saffron camp of fomenting trouble in the area, while the Bharatiya Janata Party and the National Commission for Women (NCW) accused her party Trinamool Congress and the state government of being complicit in crimes against women in the area.
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."
Tata Motors drove the Sensex rally for the second session in a row, surging over 8 per cent. Other top gainers were Bharti Airtel, TCS, Bajaj Finance, PowerGrid, IndusInd Bank and State Bank of India -- rising as much as 5 per cent.
The armed forces had decided not to implement the revised pay scales from October 1.
The situation is particularly bad in the public healthcare sector, a high-level group of the Commission said in a report last week. The public healthcare has been on a serious decline during the last two or three decades because of non-availability of medical and paramedical staff, diagnostic services and medicines. The situation in availability of specialist manpower in Community Health Centres is particularly bad as against the sanctioned posts.
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.
"The panel's report is awaited. The committee has been given a guideline to prepare the mission before the end of next year," a senior ISRO official said. "There is a good launch window in November".
The Bills adopted in 2017 for the same purpose during the AIADMK regime did not get the President's assent.
Chris Gaffaney and Sundaram Ravi were promoted from the Emirates International Panel of ICC Umpires to the Emirates Elite Panel of ICC Umpires, where they replaced Billy Bowden and the retiring Steve Davis.
A committee headed by the Rajasthan chief secretary will be set up soon to implement the decision to accord five per cent reservation in jobs to Gujjars and three other communities and 14 per cent to economically poor among forward castes in the state. This was stated today by Chief Minister Ashok Gehlot, who said that a Gazette notification on the Rajasthan Reservation Act-2008, which was approved by Governor S K Singh on Thursday night, will be issued soon.
Most of the jewellers who had reopened their showrooms in confusion on Monday, kept shutters down today at Mumbai's Zaveri Bazar and several other places, demanding rollback of the proposal.
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After scrapping the selection of six UPA-appointed bank chiefs, the government has now decided to make significant changes to the selection process.
One of the suspects Arsalan, a friend of prime suspect Mohammad Hassan who married the Sikh girl, has been arrested.
Former apex court judge M B Shah will also be member of the SIT.
Moreover, the absence of a liquid market for various types of assets also makes such estimation inappropriate, it said. One of the terms of reference of the committee was to examine if corporate saving estimation should be done on an MTM basis. MTM refers to the present value of assets based on their market prices.
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.
The high-level panel, chaired by former Chief Justice of Karnataka and Kerala High Courts, K Sodhi, had focused on reviewing the Sebi (Prohibition of Insider Trading) Regulations, 1992.
As per a letter sent to the MLAs by the assembly secretariat, the chief minister has expressed his willingness to move a motion of confidence to prove his majority.
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.
The government is set to begin the process soon to appoint the next Chief of Defence Staff with Army Chief Gen MM Naravane emerging as the front-runner for the top post that fell vacant following the demise of Gen Bipin Rawat in a helicopter crash.
Regulated electronic platforms such as e-spot markets or spot exchanges may be deemed as authorised markets.
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.
Commodity investments can help you diversify your portfolio in asset classes other than equity and debt, says Dwaipayan Bose.
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.
India's manufacturing sector activity moderated in January amid slower increase in total sales, and headcounts were broadly unchanged amid sufficient staff numbers to cope with current requirements, according to a monthly survey. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) fell from December's recent high of 57.8 to 55.4 in January, as factory orders and production rose at sharp, albeit slower, rate. The January PMI data pointed to an improvement in overall operating conditions for the 19th straight month.
The government is taking the first steps towards opening of the Gulf region to private airlines -- by setting a high-level committee under the aegis of the aviation ministry -- to examine the contentious issue.
The varsity, however, clarified that it does not signify a "clean chit" to the students and that the final decision in this regard will be taken after examination of the report by the vice chancellor.
"The political stars never quite aligned but a solution similar to the Northern Ireland Good Friday Agreement, with a soft border allowing locals to travel freely from one part of Kashmir to the other, will have to be the outcome of any peaceful solution," he noted.
The three-member committee -- comprising former Allahabad High Court judge Justice Rakesh Sharma, former Delhi Commission for Women chairperson Barkha Singh and lawyer Veena Gowda -- met in Mumbai to discuss the terms of reference.
Manufacturing activities in India eased marginally in September but remained in good shape amid companies hiring more workers and cooling price pressures, according to a monthly survey released on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) indicated a strong improvement in the health of the Indian manufacturing industry, as companies stepped up production in tandem with a sustained increase in new work intakes. The PMI at 55.1 in September continued to be in expansion mode for the 15th consecutive month but was slightly lower than 56.2 recorded in August.
The airline's 100 per cent shareholding in profit-making budget carrier Air India Express as well as 50 per cent shareholding in equal joint venture Air India SATS Airport Services would also be sold.
The RBI's Monetary Policy Committee brainstormed the impact of any future shocks on the inflation trajectory and stressed monitoring the cumulative effect of monetary policy actions over the past one year, which is still unfolding, revealed minutes of the rate-setting panel released on Thursday. The minutes of the meeting of the Monetary Policy Committee (MPC), headed by Reserve Bank Governor Shaktikanta Das, also indicated it would be premature to declare an end to the monetary tightening cycle, which started in May 2022 to check high inflation following the outbreak of the Russia-Ukraine war. The central bank, which effected six back-to-back hikes in the key short-term lending rate (repo) since May 2022 to check high inflation, decided to take a pause early this month.
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