The association had earlier called for a strike on July 3 to oppose the merger plans of the subsidiary banks with the parent SBI. AIBEA General Secretary C H Venkatachalam said though the government authorities and the bank managements deny any policy decisions or guidelines in this regard, there had been overt and covert attempts to merge the banks.
Banks given 180-day time for NPA resolution, matter to be referred to Insolvency Board within 15 days.
Companies will be offered incentives for employing more women.
. . . and what you should be watching out for in your everyday financial transactions with agents, brokers, banks, employers and even your kirana store.
The state government has decided to open the retail liquor vends throughout the state barring in coronavirus 'containment zones', Deputy Chief Minister Dushyant Chautala said.
You will be much better off buying the required plans directly from life and general insurers, experts tell Chirag Madia
The board has formulated new sports guidelines for schools mandating them to have a daily sports period for class 9 to 12 so as to prevent students from having a sedentary lifestyle and turning into couch potatoes.
According to the guidelines approved by the government, 100 per cent FDI can be utilised in facilities like cleaning up trains and installation of bio-toilets in passenger coaches and setting up of mechanised laundry services.
Kapil Sibal, union HRD minister, has the whole country talking about education. Careers360 team quizzed the Minister on how he will ensure that the fresh set of policies put an end to the rampant trickery institutes resort to to mislead students.
The vacancies earmarked will be for the posts of office assistants to Indian Administrative Service officers.
The Centre is actively involved in pushing through the PPCIR projects which would be spread over an area of 200-300 sq km each, Minister of State for Industry Ashwani Kumar said. "Once the policy is notified, it will lead to mega-investments through the PPP (public-private-partnership) mode in the coastal states," he added, adding that inter-ministerial consultations were on at present and rules are to be framed.
A Parliamentary Standing Committee praised the government for the wrestling and boxing facilities at the Sports Authority of India's Sonepat Center but pointed out that "excellence needs to be replicated for other sports disciplines".
Tuesday's policy announcement had a regulatory and development component.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
The Supreme Court has ruled that public sector insurance companies cannot refuse to provide medical cover policies to those suffering from pre-existing diseases and said such an action was arbitrary, illegal and unconstitutional.
The woman, who was wearing a dress, missed her flight, though she was accommodated on a later flight after she reportedly changed into trousers.
In a bid to avoid the emergence of an e-rickshaw cartel on the line of the 'auto mafia', Delhi government has decided to adopt a policy that will prevent a person from owning more than one rickshaw.
The banned Chinese apps, which include TikTok, Shareit and UC Browser, earn revenue mainly from online advertisements, subscriptions, and commissions for selling products. India is the biggest driver of these Chinese apps due to the population. The ban on the 59 Chinese apps will negatively affect the valuations of the companies, especially those going for IPO.
New Irda rules open the way, with 5 entities getting okay to set up as repositories; firms preparing structures for switch
However, the social media giant hasn't responded to as yet.
Paisa Bazaar, which recently forayed into online mutual fund distribution, has come out with a 20-second video clip featuring Bollywood actor Akshay Kumar. The ad, which talks about the benefits of investing in direct plans, has already got 1.6 million views on YouTube.
Asking the government to tweak FDI norms in multi-brand segment, retailers said sourcing rules must be made similar to that of single brand while demanding foreign firms be allowed to put only 50 per cent of first tranche of investment in back-end infrastructure.
'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'
By April, operational guidelines for the scheme will be finalised and shared with states
'Rather than encouraging transparency, the opacity of electoral bonds adds to the murkiness,' argues Amit Tandon.
This means the cable companies engaged in last-mile distribution of TV channels will qualify for the existing 49 per cent FDI limit, while operators of DTH, HITS, IPTV and multi-system operators will be able to bring in up to 74 per cent FDI, a limit proposed by broadcast regulator Telecom Regulatory Authority of India.
According to officials, Punjab, West Bengal, Maharashtra, Assam and Telangana wanted the lockdown to be continued, some of them wanted the powers to decide the zoning of districts -- green, orange and red -- as per the COVID-19 situation.
The service provider has to ensure that outsourcing arrangement to an agency does not absolve them of their responsibility to fulfil their obligation to consumers and it should not affect the rights of consumers against service provider, Trai said. All companies should set up a formal code of conduct for outsourced agency and its employees or agents for collection of outstanding dues from customers.
It is alleged that WhatsApp's strategy of gaining user permission for such data sharing is deceptive and surreptitious in nature and compromises privacy rights of citizens
