The Union Cabinet and its committees have been given a new 'mantra' by President Pratibha Patil and asked to clear every proposal only after ensuring that it meets the requisites of equity or inclusiveness, innovation and public accountability.The Cabinet Secretariat has shot out a 'secret' demi official letter to all secretaries in the government, citing the President's diktat.
Pakistan Prime Minister Shehbaz Sharif has ordered authorities to unblock Wikipedia "with immediate effect", days after the country's telecommunications watchdog banned the online encyclopedia for its failure to remove offensive and blasphemous content.
The Reserve Bank (RBI) resisted a 'raid' planned by some in the government to extract Rs 2-3 lakh crore from its balance sheet in 2018 to meet populist spending in run-up to general elections, Viral Acharya, who was deputy governor at RBI at that time, has written.
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 Centre has to bear the maximum burden of borrowing NSSF loans to the tune of Rs 1 lakh crore.
The matter came up before Justice Subramonium Prasad who listed it for hearing on October 16.
No process can offer a panacea for ethnic conflict, but there are times at which a legal process could work to defuse violence, asserts Supreme Court lawyer Devvrat.
He had already been granted bail in the Chaibasa Treasury Scam case in October 2020, and in the Deoghar Treasury Scam case in February 2020.
The audit is under progress and the report is yet to be finalised. The information cannot be given under Section 8(1)(C) of the RTI Act as the disclosure would cause breach of Parliament, the CAG said.
Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based 'opaque' investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project (OCCRP) alleged on Thursday. The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a US short seller wiped away close to $150 billion in value of Adani group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate run by billionaire Gautam Adani. Adani group has denied all allegations. Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.
With the Board of Control for Cricket in India's image taking a beating in the wake of Bombay High Court declaring its IPL spot-fixing probe "illegal and unconstitutional", Sports Minister Jitendra Singh advised the BCCI to work towards "restoring the trust" of the fans.
Quarterly results of many of these banks show significant losses.
From FY18, Ind-AS will be mandatory for all listed entities, barring those listed on the SME platform.
The guidelines have been prepared in line with the National Education Policy (NEP) 2020 that has envisioned that top universities in the world will be facilitated to operate in India.
The SEBI and the RBI will look into it. Let their reports come in, BJP MP Mahesh Jethmalani said.
Environmental activist and educator Sonam Wangchuk said democracy has been compromised in Ladakh and the local people have no say in decision-making.
The Japanese Olympic Committee on Wednesday established a team to investigate whether any illegal payments were made during its successful bid for the Tokyo 2020 Olympics.
Gangmei in his appeal said the HAC "was a necessary and proper party and the proceedings before the high court were vitiated on account of not making the HAC a party".
Thousands of agitators took part in the rally, during which violence between tribals and non-tribals was reported in Torbung area, a senior police officer said.
The British government has supported to limit public funding for cricket unless it takes concrete steps to rid of racism
'There is a huge risk of misinformation and disinformation, and targeted campaigns that could potentially happen against candidates or to push certain narratives.'
The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership.
The meeting is believed to be called to chalk out the strategy of the Opposition in Rajya Sabha on Monday.
A Parliamentary panel on Monday rapped the defence ministry and the Maharashtra government on the Adarsh Housing Society scam, saying there was "monumental failure" at all levels of governance with certain officials abusing their position.
Confirming a meeting with the top management of the Adani Group, Life Insurance Corporation Chairman M R Kumar said on Sunday that the interaction had gone well. "There's nothing I can state as of now on the outcome of that meeting. "But yeah, we've had the meeting....we are quite happy about this meeting," Kumar said on the sidelines of the 22nd Global Conference of Actuaries in New Delhi.
A parliamentary panel has rapped the Defence ministry and the Maharashtra government for "monumental failure" at all levels of governance with certain officials abusing their position leading to the Adarsh Housing Society scam.
The seats held by the non-BJP parties in the state are Bijnor, Amroha, Moradabad, Sambhal, Raebareli, Ghosi, Lalganj, Jaunpur, Ambedkarnagar, Ghazipur, Shravasti, Mainpuri, Saharanpur and Nagina. Of these, Raebareli is held by Sonia Gandhi of the Congress.
The Supreme Court Monday rued the 'general practice' of speakers delaying decisions on pleas seeking disqualification of lawmakers and the subsequent arguments that courts should 'stay away,' while hoping that the West Bengal assembly speaker would decide on such a plea against Mukul Roy who defected to the Trinamool Congress from the Bharatiya Janata Party after the state polls.
The Supreme Court Friday said it will strengthen its 2018 guidelines for dealing with mob violence, hate speeches and lynching to ensure that culprits are dealt with equally, irrespective of their communities for their public utterances spreading bigotry.
The Manipur government dubbed as untrue the claim by the counsel for the committee appointed by the apex court to oversee relief and rehabilitation of the victims of ethnic violence that the people of the state were suffering on account of an economic blockade.
In a letter to the prime minister, Ali also demanded that he be provided enhanced security in view of an "escalation of threats" against him.
Sebi also ordered freezing the voting rights and corporate benefits of promoters of these companies.
The top court also took note of the submissions about objectionable public utterances by some groups and individuals.
The Organised Crime and Corruption Reporting Project (OCCRP) on Thursday trained its guns on the Adani Group, alleging hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based 'opaque' investment funds managed by partners of promoter family, charges the conglomerate denied vehemently.
Daughter of former deputy PM late Jagjivan Ram, Kumar, 72, was also the first woman to occupy the high office of the LS speaker
Banks do extensive investigation before declaring an account fraud; they owe it to us as they deal with our money. Why would they try to fix an innocent borrower? asks Tamal Bandyopadhyay.
'Public sector banks are like an extended arm of the government.' 'They rush to rescue certain sectors or they rush to invest in certain sectors to prop up the economy which the private banks don't.'
The Taliban government in Afghanistan is not going anywhere. That being the case, why is the hesitation to establish formal diplomatic relations with the Taliban? asks Lieutenant General Prakash Katoch (Retd).
'Politics is a game of public perception and my father felt that by his long disappearances, Rahul Gandhi was losing the battle of perception.'
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.
