'Clients deemed higher-risk are required to update their KYC more frequently.'
The Economic Advisory Council to the Prime Minister, of which he is chairman, has quickly sought to distance itself and the government from Dr Debroy's views.
Karnataka Chief Minister Basavaraj Bommai on Sunday said action will be taken in accordance with law, as he hit out at Congress leaders for going ahead with padayatra (march), demanding implementation of the Mekedatu project across the Cauvery river, by violating government's COVID-19 restrictions.
'The Centre has brought an ordinance on triple talaq. Its duration is of six months. If it is made into a law, then we will challenge this in the Supreme Court.'
The Allahabad high court will hear Wednesday a plea against the acquittal of all 32 accused, including Bharatiya Janata Party veterans L K Advani and Murli Manohar Joshi, in the Babri mosque demolition case.
Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.
'The meanness of the board statement apart, it nowhere answers the most fundamental and damaging aspects of the deteriorating work culture among top company executives to which Narayana Murthy had been repeatedly drawing attention,' says B S Raghavan, the distinguished civil servant.
'If taxpayers have not filed a belated ITR, they will be allowed to file an updated ITR from April 1, 2024.'
Leaders from 26 opposition parties, in power individually or in alliance in Delhi and 10 states, are meeting in Bengaluru to discuss strategy to take on the Narendra Modi-led NDA in the 2024 Lok Sabha polls.
However, he said that while he recommended Yoga for good health, he failed to understand why it was being made a 'religio-political' issue.
Do you agree with the minorities' viewpoint that that the government is enforcing 'Hindu practices' on them forcefully?
'Why is the government in such a hurry?' 'The answer is the December assembly elections and the 2019 general election.'
Officials said Sebi first proposed to the FinMin to amend the relevant provisions in the Sebi Act to discontinue RBI's representation on its board, as it already has adequate presence of government nominees and in its over 25 years of existence the regulator has evolved as an "effective and one of the best in the world".
The Babri Masjid Action Committee meeting was held against the backdrop of the apex court recently asking parties involved to sit together and arrive at a consensus on the issue, which has been dragging on for decades.
The bench had made it clear that it would examine whether the practice of triple talaq among Muslims is fundamental to their religion.
A 62-year old Black male, initially identified as a 'Person of Interest' by the New York Police Department in the Brooklyn subway shooting, has now been named suspect in the attack that left 23 people injured, including 10 who were hit when he fired at least 33 shots with a nine mm handgun.
With the Uttar Pradesh government set to conduct a survey of private madrassas, proprietors of the theological schools fear that their institutions may be declared illegal and 'run over by bulldozers'.
Byju Raveendran, the founder and chief executive officer of the beleaguered edtech firm Byju's, said the company credited all pending January salaries to employees over the past few days. This was communicated to the employees in another letter sent on February 4. Byju's has about 15,000 employees. "I know you were told that you would get your salaries by Monday.
South Indian Bank is likely to name a new managing director (MD) and chief executive officer (CEO) by May end, said the Thrissur-based lender on Wednesday. The bank's shares dipped some 14 per cent at one point after MD and CEO Murali Ramakrishnan said he will not apply for an extension when his tenure ends on September 30, citing personal reasons. The bank's board on Tuesday considered Ramakrishnan's request for not intending to continue on his post and appointed a search committee for his replacement.
Chaudhary not only killed his senior but also three others of a 'particular community' by making them specific targets, the court said.
Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.
The Vishwa Hindu Parishad has too decided against observing the 27th anniversary of the demolition as "Shaurya Diwas".
A Muslim woman, who was divorced by her husband through a phone call from Dubai, has challenged the Muslim practices of polygamy, triple talaq (talaq-e-bidat) and nikah halala, leading the Supreme Court to seek response from the Centre on her plea on Friday.
In an apparent attempt to garner support of Muslims ahead of Lok Sabha polls, Bharatiya Janata Party President and party nominee from Lucknow seat Rajnath Singh met prominent clerics of the community in Lucknow.
Sadhus and seers of Haridwar on Tuesday threatened to launch a countrywide agitation if surya namaskar is not included.
The SC said 'the issues are very important. These issues cannot be scuttled'.
The Securities and Exchange Board of India (Sebi) on Tuesday imposed a penalty of Rs 26 crore on Coffee Day Enterprises (CDEL) for alleged violation of securities laws. The regulator also directed the company to initiate steps to recover dues of Rs 3,535 crore-the amount diverted from seven subsidiaries of CDEL to Mysore Amalgamated Coffee Estates (MACEL). Affirming the violations of the Sebi (Prevention of Fraudulent and Unfair Trade Practices) Regulations and Sebi (Listing Obligations and Disclosure Requirements) Regulations, whole-time member Ashwani Bhatia said the listed company was being run like a personal fiefdom with no checks and balances in place.
When Biocon chairperson Kiran Majumdar-Shaw - well known for raising issues ranging from lack of civic services in Bengaluru to climate change - decided to take on the Indian stock market regulator, the Securities and Exchange Board of India (Sebi), she forced the Indian corporate world and legal community to take notice. In an interview to Business Standard, Majumdar-Shaw called a Sebi order to impose a fine on insider trading charges against a Biocon employee and an external consultant an "Agatha Christie" fiction, which destroyed the reputation of "innocent people". "The order is pure harassment and has caused huge reputational damage to us and goes against the principles of good governance promised by this government," Mazumdar-Shaw said. "We will certainly appeal this," she added.
After Azam Khan's demand of handing over the Taj Mahal to the Waqf Board, Uttar Pradesh Bharatiya Janata Party chief Laxmi Kant Bajpai has sought to drag the famed mausoleum into another row by claiming that it was a part of an ancient temple.
Indian civil aviation norms don't apply to foreign aviation companies, experts said.
Her statement also mentioned that the accused had a "blood clot" in the brain and was taking medicines for the same.
Students of the Rukmini Devi College of Fine Arts, being run by the Kalakshetra on its campus, resorted to the protest at the "tapovan", the prayer space at the entrance of the college on Thursday demanding justice. They alleged harassment by a senior faculty and sought appropriate action against him.
Qatar has released eight jailed former Indian Navy personnel and seven of them returned home early Monday, 46 days after their death sentences handed last October were commuted to jail terms of varying duration.
Countering the opposition claim that farmers across the country are agitated over the three new laws, he said that those in just one state are being misinformed and instigated.
Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.
A top-class board is important from a systemic point of view, more so at a time when the wider financial world and India Inc is chasing the same talent as banks.
The All India Muslim Personal Law Board said that it would ask Qazis to tell bridegroom at the time of execution of 'nikahnama' that they would not resort to "three divorces in one sitting" as it was an "undesirable practice in Shariat".
Catholic Bishops Conference of India, apex body of the Catholic priests in the country, on expressed displeasure over government's decision to organise Yoga day on June 21, saying Sundays are "sacred day" for Christians in the country.
'If someone were to ask you if you want to die tomorrow, no matter what problems you are grappling with, you would be hesitant, right?'
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