The scrutiny started when it came to the government's notice that Shelf Drilling, a company that operates one third of ONGC's contracted jackup rig and earns a revenue of close to $220,000 a day, has China Merchant Group as its single largest shareholder.
As his government completed one month in power, Delhi Chief Minister Arvind Kejriwal on Thursday said controversies surrounding the Aam Aadmi Party dispensation never affected its functioning and asserted that his team did a good job in addressing various challenges facing the city.
While selling NPAs, banks are also directed to work out the net present value of estimated cash flows in case of realisation of these assets. The sale price should generally not be lower than the net present value, RBI said.
India on Friday said it would lay down clear guidelines on imports of genetically modified crop varieties, Commerce Minister Kamal Nath said.
According to official sources, various states are contemplating bans on TikTok, Kwai, LIKE and other such apps over the next few months, on the worry that these platforms encourage child pornography, nudity and the spread of fake news, report Karan Choudhury and Neha Alawadhi.
'Under Section 79 of the IT Act, Facebook is mandated to exercise care. Once you have a duty, you do not have the right to silence; you need to show compliance.'
A bench of Chief Justice N V Ramana and Justice Manmohan issued notice to Civil Aviation Ministry, DGCA and others and sought their response by October 30.
Following recent changes to the guidelines for unit-linked insurance plans, companies are likely to focus more on single-premium products.
BJP CMs promote a lawless culture, one where groups backed by the State are encouraged to attack fellow citizens, where being trigger-happy is the official police policy, notes Jyoti Punwani.
Ajit Balakrishnan offers a thinking man's guide to the state of ecom in a nation of shopkeepers.
The department of telecommunications, in the draft universal licence guidelines to be signed with telcos which recently won spectrum in the 1800 MHz auction of November, has included a new clause for foreign companies.
The CBI is probing whether the former IRDA chief J Hari Narayan had misused his discretionary powers to favour Reliance General Insurance Company, which has admitted that the extra amount collected by it way of premium was not Rs 1.07 crore, as originally believed, but 20 times as much, report Paranjoy Guha Thakurta and Pranati B Mehra.
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.
Stressed MSME borrowers would be eligible for restructuring of debt, if their accounts were classified standard.
In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.
Prominent e-commerce marketplace players include Amazon.in, Flipkart, Snapdeal, Paytm, Shopclues and Jabong
Drones or unmanned aircraft are being used for several purposes such as mapping, survey and commercial photography, while e-commerce giant Amazon is looking to use them for deliveries to its consumers in the US.
The Indian market regulator had revamped the FPI regulations in 2014 giving custodians the mandate to collect and verify the KYC documentation of offshore investors
The minister said revenue receipts for 2014-15 will be generated from auction of spectrum in 800MHz, 900 MHz and 1800 MHz bands and from annual spectrum usage charges.
Tamil Nadu's unending legislative fight for exemption from NEET has now flagged the question if it's time to review the Supreme Court's famous verdict in the 'Mandal case', fixing 50-per cent upper-limit for all reservations, asks N Sathiya Moorthy.
Higher interest rate will be payable to FDs of over Rs 1 cr.
India will benefit hugely if the representation of women in Parliament is increased to a just level.
The 2G judgment suggests many bureaucrats have poor application, inadequate interest and are unwilling to be active participants in the policy process, says Babu Jacob.
With the government reducing the net worth for new entities in fuel-marketing space to Rs 250 crore, the market is open for new players like Total, Adani, and Saudi Aramco -- and even supermarkets - to open fuel outlets.
The customer will be liable in a limited manner if the negligence is on the part of the customer, such as where she has shared payment credentials
An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central bank says in circular.
Fund managers may end up losing out on crucial information during market hours, leading to information asymmetry vis-a-vis other institutional investors such as alternative investment funds, insurance players, or foreign portfolio investors.
Film certification guidelines need contemporary interpretation and should be as non-discretionary as possible, Information and Broadcasting minister Arun Jaitley said on Saturday as he met the government-appointed Shyam Benegal panel to look into the revamp of Censor Board, in Mumbai.
'It used to be quite normal to have quite a few drinks and drive home, and it also used to be normal to drive without seatbelts. Today both of those would be considered antisocial, and not wearing face coverings in public should be regarded in the same way'
Faced by criticism on its special economic zone policy, the government is preparing guidelines for acquisition of land from farmers for setting up SEZs.
Lee Hsien Loong, Prime Minister of Singapore, believes bilateral economic ties between his country and India can be significantly enhanced, if India builds up a stable policy regime to soothe investors' nerves. He said India should get its record straight and not indicate Singapore as a black-money hub.
Apple's online launch is a symbol of success for FDI in single-brand retail, though there's no indication of how much the Silicon Valley major would invest in the country.
Draft guidelines for Small Banks and Payments Banks were issued by the RBI in July and comments were invited till August 28.
25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'
Customers using mobile wallets, prepaid payments cards, and paper vouchers such as Sodexo have been absolved of liability for fraud if it is reported within three days.
The Reserve Bank of India is expected to come out with comprehensive guidelines on the non-banking finance companies that are not involved in taking public deposits.
Three experts on cyber security, digital forensics, networks and hardware were roped in by the Supreme Court on Wednesday to "enquire, investigate and determine" whether Pegasus spyware was used for snooping on citizens and their probe would be monitored by former apex court judge R V Raveendran.
In a statement issued on Thursday, the Lakshadweep Research Collective said it along with 60 other signatories from the scientific community have written to President Ram Nath Kovind seeking his intervention to withdraw the "incautious draft" Lakshadweep Development Authority Regulation of 2021.
Asserting that his government is stable, Thackeray said the alliance partners are perceived to be ideologically different but the interests of the state and welfare of people binds the three parties together.
The Centre has ruled out door-to-door vaccination of people and said the inoculation will be done at identified COVID Vaccination Centres, both government and private, registered on COWIN for 'good, germane and rational reasons'.
