The Committee, which has been set up in pursuance of the announcement made by the Minister in his Budget speech, will also suggest whether the unclaimed deposit should come to government or be kept in a separate account.
'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.
'The downslide has been rapid leading up to the number one and number two of the organisation flinging against each other horrendous accusations of bribery and tampering with investigations for personal gain, and the latest petition to the Supreme Court by the joint director of the CBI, M K Sinha, opening a veritable Pandora's Box of repulsive skeletons,' notes B S Raghavan, the distinguished civil servant who witnessed the CBI's birth.
Lenders say settlements will cross over 100 accounts in the March quarter.
The intention of the government is to cap prices of drugs that are essential and which the public widely uses.
The panel will submit its recommendations to a ministerial committee, headed by Union Home Minister Rajnath Singh.
The allegations by an unnamed person, who claimed to be an ex-colleague of Johri at the Discovery Channel, were posted on Twitter by an author, Harnidh Kaur, who later stated that she did not want the charges published nor her name used in the context.
Citing overlapping of functions, a parliamentary committee on Monday recommended integrating Central Vigilance Commission and anti-corruption wing of the Central Bureau of Investigation to work directly under the command and control of Lokpal to deal with corruption cases.
A sessions court in Kerala on Wednesday awarded double life sentence in the Uthra murder case to the victim's husband for killing his wife using a cobra, saying the crime was 'definitely diabolic, cruel, heinous and dastardly' and committed with 'unparalleled wickedness.'
These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.
The Congress Working Committee finally accepted Rahul Gandhi's resignation during its second meeting of the day.
Addressing a press briefing, Union Health Secretary Rajesh Bhushan said healthcare workers and frontline workers need not register themselves as their database has been populated on to the Co-WIN vaccine delivery management system in a bulk manner.
The panel is expected to suggest various relief measures to put economy back on track as soon as possible, the sources said.
'A firm national resolve can only deter and defeat the nefarious designs of the adversary,' notes Rup Narayan Das.
Alcohol sales have been restricted in and around Tokyo after health officials warned drinking would encourage close contact, loud speaking and mingling in bars that could help spread the virus.
'The CEO will neither be able to guide the senior team in operational matters nor decide on their appointment, compensation or removal.' 'Yet, the CEO is responsible for the profit and loss of the bank!' 'Why would the senior executives listen to him?' 'Which self-respecting professional would want to be a CEO with these constraints?' asks Tamal Bandyopadhyay.
Chinese manufacturers are re-routing their products through the markets of other countries that India has Free Trade Agreements with.
A BJP source admitted that a census will inevitably reconfirm the numerical majority of the OBCs. 'That will overturn social equations and consign the upper castes to a twilight zone of marginalisation. The RSS won't accept it.' Radhika Ramaseshan reports.
The plea, filed by Delhi-based Bejon Kumar Misra, said the Centre and RBI should be directed to ensure complete insulation and insurance of the hard-earned deposited money of people in various co-operative banks, including nationalised banks, by enacting an appropriate measure of 100 per cent insurance coverage towards the deposited amount.
'Today, we being the majority pass a law and if the Opposition parties do not like it, they throw files at the Chair, and beat up women marshals.'
'The Jalan Committee has now provided very clear guidelines on how the (RBI's) balance sheet should be looked at, what kind of disclosures should be made, what are the principles on which the Contingency Risk Buffer should be maintained, what should be the revaluation reserves, and the market risk to the Contingency Risk Buffer.'
To ensure effective distribution and supply of foodgrains through rations shops, the food ministry has called for creating advisory committees of experts in places where godowns of Food Corporation of India (FCI) and other state agencies are located.
Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.
The government also said it will hold consultations with the airlines to explore the possibility of curbing the menace of charging exorbitant airfares during emergency situations.
Kejriwal's centralised way of governance might work in Delhi, but Punjab will call for delegation, observes Sanjeev Nayyar.
The Centre's proposal to call for governance reform in the RBI could, however, take a back seat, a source privy to the development said.
'Mostly, the relief, if needed, would be for housing loans where a person has lost a job and is unable to pay his EMI or there has been a temporary salary cut.'
Bankruptcy proceedings are going at a slower pace than what the bankers had envisaged and many cases have gone beyond the 270-day timeline set under the IBC mainly because of litigation.
'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'
As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.
There is a perception getting built inside the government that big technology companies -- a common term used for firms like Facebook, Google, Twitter, Amazon and the like - are becoming very powerful and present multiple threats to entire nations and their citizens today. The digital ecosystem is replete with CSAM (child sexual abuse material), fake news, drug trade, radicalisation, trolling among other social vices. Given the network effect that these platforms have, it is important to ensure that these platforms are not misused.
'Scindia's willingness to consort with the BJP, a party he has rightly, and eloquently, excoriated in various speeches and statements in the recent past suggest a shallowness and hollowness of convictions and principles.'
The economy is gaining traction with gradual pick up in manufacturing activity and moderation in contraction of services, spurred by comfortable liquidity conditions, an RBI article on Tuesday said. Observing that the retreat of the second wave of coronavirus pandemic has been slow, the RBI in an article on the 'State of Economy' said, the aggregate demand conditions are buoyed by the release of pent-up demand post unlock, while the supply situation is improving with the monsoon catching up to its normal levels and sowing activity gaining pace. "Reaffirming the traction that the economy is gaining, the manufacturing activity is gradually turning around, while contraction in services has moderated.
The Supreme Court found enough grounds to order a CBI probe into 1,528 extra-judicial killings in Manipur between 2000 and 2012.
This provision is a very smart rule against fraudster and would not affect any genuine business entities or Ease of Doing Business in any manner, said a source.
The Committee of Administrator on Saturday sought an explanation from Board of Control for Cricket in India's CEO Rahul Johri after an anonymous account of alleged sexual harassment by him was shared on social media as part of the ongoing #metoo movement.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
The Central Information Commission (CIC) on Friday urged the Supreme Court-appointed Committee of Administrators running the Board of Control for Cricket in India to 'immediately initiate efforts' to look into the issues raised by historian Ramachandra Guha in his resignation letter.
'There are deeper, underlying, forces at work and we need institutional arrangements to guard against them.'
Miffed MCA asks CoA for reasons for moving ODI to CCI
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