The Reserve Bank of India (RBI) is set to revise its directives for bank boards, aiming to alleviate operational burdens and enable them to concentrate on crucial policy and strategic decision-making, thereby enhancing corporate governance in the Indian banking sector.
Only 17 per cent of boards play an active role in shaping company strategy, said a survey by the Indian School of Business (ISB). According to the survey, 83 per cent of the boards remain passive, playing no active role in the company's management.
Latur police destroyed seized narcotics worth 1.18 crore, including ganja, opium, and mephedrone, in a controlled incineration process.
TCS has denied receiving any complaints of religious conversion or sexual misconduct at its Nashik unit through its internal channels, amid a police probe into the allegations. The company has announced an oversight panel and engaged external entities in its internal investigation.
The Central Information Commission has ruled that the Board of Control for Cricket in India does not qualify as a 'public authority' under the Right to Information Act, effectively placing it outside the scope of RTI disclosures.
President Donald Trump announced the US will strengthen the United Nations, ensure its viability, and provide financial assistance, while also asserting that his Board of Peace will oversee the global organization's operations.
India is conducting a special audit of 101 cities to assess ease of living from the citizen's perspective, Comptroller and Auditor General K Sanjay Murthy said.
India was among the countries not present in Davos when US President Donald Trump unveiled his "Board of Peace" that seeks to work towards bringing lasting peace to Gaza and possibly resolve global conflicts. India is yet to take a call on it, people familiar with the matter said when asked about Trump's invite to PM Modi.
Kiran Mazumdar-Shaw names niece Claire Mazumdar as successor at Biocon. Explore the leadership transition, strategy, and future plans.
India is yet to take a call on United States President Donald Trump's invitation to be part of the 'Board of Peace' that will work towards bringing lasting peace to Gaza and possibly resolve global conflicts, people familiar with the matter said on Wednesday.
Iran has put forward a comprehensive 10-point framework that it says forms the basis of a complete resolution.
Former HDFC Bank chairman Atanu Chakraborty cites misselling of AT-1 bonds and underperformance as key reasons for his resignation, dismissing personal differences as a major factor.
Trump's 'Board of Peace' is being projected by Washington, DC as a new international body to usher in peace and stability in Gaza and beyond, triggering speculation that it could throw a challenge to the United Nations.
Haryana Labour Minister Anil Vij reveals a major scam in the labour department, with nearly 90% of work slips examined found to be fake. An investigation into the Haryana Building and Other Construction Workers Welfare Board reveals potential losses of thousands of crores of rupees.
'Infertility and reproductive health challenges, much like other chronic conditions, are rising globally.'
The US Navy seized an Iranian-flagged cargo ship in the Gulf of Oman, escalating tensions as ceasefire talks face uncertainty. The incident raises concerns about the fragile ceasefire and the ongoing blockade of the Strait of Hormuz.
Where was the Board when a predictable regulatory change brought the country's largest airline to its knees? asks Dr Sudhir Bisht.
The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.
'A genuine tribute to Dr Ambedkar does not lie in selective invocation. It lies in asking a harder question: Is the Constitution still doing its job -- restraining even assertive majorities?' asks Manoj Mohanka.
What is the reason behind this drying up of talent for the top post in private banks?
By all available indications, the White House drafted a face-saving note and handed it, ready-made, to Islamabad. Pakistani Prime Minister Shehbaz Sharif was supposed to then post it in the guise of a plea urging Trump to extend the deadline by two weeks 'to allow diplomacy to run its course'. Trump would then graciously accept Pakistan's 'request' and declare a ceasefire. Sharif dutifully posted the message on X. Except that he, or whoever was handling the account, forgot to delete the tell-tale first line visible in the edit history: 'Draft - Pakistan's PM Message on X'. Prem Panicker's must read blog on the Iran War.
Prince Andrew, also known as Andrew Mountbatten-Windsor, has been arrested on suspicion of misconduct in public office, according to reports. The arrest is linked to allegations of sharing confidential information during his time as a trade envoy.
'The next phase of India's IPO cycle will be defined by quality, pricing discipline and investor selectivity.'
Enforcement agencies have highlighted risks related to money laundering and terror financing, prompting closer scrutiny of crypto platforms operating in India.
Authorities in Kishtwar district of Jammu and Kashmir have issued an order regulating the collection of donations during Ramzan to prevent unauthorized fundraising and ensure transparency.
Indonesian coach Irwansyah Adi Pratama, who trains P V Sindhu, had a narrow escape after an explosion occurred close to where they were stationed at Dubai Airport while travelling to Birmingham for the All England Championships.
Indonesian coach Irwansyah Adi Pratama, who trains P V Sindhu, had a narrow escape after an explosion occurred close to where they were stationed at Dubai Airport while travelling to Birmingham for the All England Championships.
Cybersecurity breaches have emerged as the top risk shaping organisational performance, with 61 per cent of respondents identifying it as the primary risk, said a Ficci and EY report.
In a statement, the airline said it has completed precautionary re-inspections of the Fuel Control Switch (FCS) across all operational Boeing 787 aircraft in its fleet.
The board of InterGlobe Aviation, the parent of IndiGo, has already set up a crisis management group in the wake of the significant operational disruptions that started on December 2.
'Among corporates, about 60% of income is now reported under the new tax regime.'
The Clearing Corporation of India (CCIL) will be able to reapply for recognition by the European Union's (EU) financial markets regulator following a pact signed on Tuesday between the Reserve Bank of India (RBI) and the European Securities and Markets Authority (Esma).
Banks cannot treat compliance as a quarter-end activity, and must have stronger operational discipline and data governance throughout the year, Reserve Bank of India (RBI) Deputy Governor Swaminathan J said in a speech at the Third Annual Global Conference of the College of Supervisors.
'Why are IPKF martyrs not being officially recognised and appropriately honoured? And is the government really changing its mind on this now?', asks Aditi Phadnis.
The DGCA has formed two specialised teams to internally monitor IndiGo's daily operations.
All board members and staff of the Securities and Exchange Board of India (Sebi) will be required to declare their assets, liabilities, trading activities, and relevant relationships at multiple stages - at the time of appointment, annually, upon key events, and at exit. This is part of a series of recommendations by a high-level committee constituted by the markets regulator in a bid to overhaul conflict-of-interest and disclosure rules.
Former New Zealand Test player, coach and selector Mark Greatbatch has been elected as the new president of New Zealand Cricket.
The aviation regulator stated that the "primary cause" of the disruptions was IndiGo's failure to make "adequate arrangements" to meet the revised staffing, duty-time and rostering requirements under the newly implemented Flight Duty Time Limitations scheme.
India's second-largest telecom service provider Bharti Airtel will call in March 2026 the final tranche of about Rs 15,741 crore from its 2021 rights issue of Rs 21,000 crore, proceeds from which will be used towards retiring majority of non-government-related debt.
The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of India (Irdai), while there is ambiguity in the very definition of the insurance business, according to industry experts.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances