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.
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 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.
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.
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.
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.
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.
Miffed MCA asks CoA for reasons for moving ODI to CCI
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.
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.
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.'
'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.'
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.
The apex court said there was no occasion to doubt the decision-making process in the multi-billion dollar Rafale deal.
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.
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.
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.
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.
'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.'
Instructions were issued on holding loan camps in the last week of September.
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.
'There are deeper, underlying, forces at work and we need institutional arrangements to guard against them.'
'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'
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.
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.
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.
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.
After taking benefit of the scheme, jobs increased by around 11 mn in establishments that took loans.
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 AG said the country needs the Rafale jet to defend itself 'from F-16 fighter planes that recently bombed us'.
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.
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.
'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.
'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.'
'Decide on an asset allocation you are comfortable with and stick to it for the long term.'
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 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 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.
'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'
Welcoming the Supreme Court verdict barring N Srinivasan from contesting any BCCI election on grounds of conflict of interest, head of IPL-6 spot-fixing and betting probe committee Justice Mukul Mudgal said that it will have far reaching ramifications as it will also impact on all sports bodies.
