'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.'
Miffed MCA asks CoA for reasons for moving ODI to CCI
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
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.
The framework also envisages amendments to the Prevention of Corruption Act to exempt commercial decisions by PSBs from scrutiny by investigating agencies. Both the amendments are likely in the monsoon session of Parliament.
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.
'There are deeper, underlying, forces at work and we need institutional arrangements to guard against them.'
Kejriwal's centralised way of governance might work in Delhi, but Punjab will call for delegation, observes Sanjeev Nayyar.
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 Delhi high court on Friday directed the city government to bring into effect the recommendations of a panel suggesting over 200 private unaided schools to return excess fees to parents with interest.
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.
'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'
Kamra was banned by India's largest airline for six months on Tuesday for allegedly harassing Goswami on the Mumbai-Lucknow flight. SpiceJet, GoAir and Air India also imposed a similar ban on Kamra without specifying any period.
The Supreme Court found enough grounds to order a CBI probe into 1,528 extra-judicial killings in Manipur between 2000 and 2012.
'Decide on an asset allocation you are comfortable with and stick to it for the long term.'
Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay.
'The Chinese government lied to the world about the danger and contagious nature of COVID-19, silenced whistleblowers, and did little to stop the spread of the disease'
The Prime Minister's Office not disclosing information about expenses incurred on foreign visits of the Prime Minister nothwithstanding, a Central Information Commission-constituted panel has recommended not only putting out such details proactively by all ministries but regular updating as well.
The apex court said there was no occasion to doubt the decision-making process in the multi-billion dollar Rafale deal.
Batting for larger transparency, the Central Information Commission (CIC) has urged the Committee of Administrators running the Board of Control for Cricket in India to look into the issues raised by historian Ramachandra Guha.
After taking benefit of the scheme, jobs increased by around 11 mn in establishments that took loans.
The most serious recommendations to change the financial year came in the years preceded by deficient rainfall. The Jha committee was formed after droughts in 1979-80 and 1982-83, reports Rishika Pardikar/IndiaSpend.
While accounts/pages linked to the Congress party appeared to be large in number, the following or reach of pro-BJP accounts was several times more.
But it is disappointing to note that Sitharaman's third Union Budget continues to promote a few problematic ideas, observes A K Bhattacharya.
Leading sponsors of football's world governing body have demanded independent oversight of FIFA's reform process in an open letter published on Tuesday ahead of a key meeting to finalise proposed reforms at the scandal-plagued organisation.
An MP's is a full-time job, so is the BCCI president's. How can Anurag Thakur do justice to both, asks Sudhir Bisht.
Instructions were issued on holding loan camps in the last week of September.
A day after the party's rout in Delhi elections, the knives are out in the Congress with leaders blaming each other and raising questions on whether the party has outsourced the task of defeating the Bharatiya Janata Party to others.
The ministry's year-end review is silent on the continued occupation by Chinese troops of territory that India has always claimed and patrolled.
Fitch Solutions sees RBI keeping benchmark interest rates unchanged during the fiscal to March 2022 following its decision to buy Rs 1 lakh crore of government bonds. "We had initially expected another policy rate cut to arrest the rise in government bond yields since the Union Budget announcement in February. "However, having an explicit bond purchase guidance from the RBI following the announcement of the G-SAP will also achieve a similar effect, if not even be more effective than a rate cut on capping the increase in bond yields," it said in a note. The Reserve Bank of India (RBI) held its policy repurchase (repo) rate unchanged at 4 per cent at its monetary policy meeting on April 7.
The home minister also said that the government is committed to protecting the sovereignty and security of the country.
As fresh Covid-19 cases continued to increase, the Tamil Nadu government on Thursday announced reintroduction of curbs like permission only for 50 per cent seating capacity in cinemas and ban on select activities effective April 10, to help prevent the spread of the virus.
Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office estimated that India's GDP grew by 8.5% in the financial year 2010-11 and not at 10.3% as previously estimated.
The AG said the country needs the Rafale jet to defend itself 'from F-16 fighter planes that recently bombed us'.
'Every few days, I wake up with a sense of restlessness that time is running out'... 'We have created a due process for stressed assets to resolve, but there is no concrete plan in place for public sector bank balance sheets,' says RBI Deputy Governor Viral Acharya.
The UFTA is an umbrella body representing 41 associations and unions of goods and passenger segments, including trucks, buses, autos, tempos, maxi-cabs and taxis plying in the Delhi-NCR region.
Companies will have to follow all requirements laid out under rules for holding board meetings via video conferencing such as recording of these proceedings, ensuring availability of proper equipment among others.
The danger to India's democracy is coming from recourse to mobocracy encouraged by the anti-Modi gang, argues Vivek Gumaste.
The going is not going to be easy for the DMK and its allies in Elections 2024. Despite the seats sweepstake in the 2021 assembly polls, the vote-share difference of 5.6% (DMK's 45.38% versus AIADMK-BJP's 39.72%) is not insurmountable on a bad day, points out N Sathiya Moorthy.
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