The Union Cabinet has approved amendments to the General Insurance Business (Nationalisation) Act, paving the way for privatisation of government-owned insurers. The amendments, approved by Cabinet, will remove the clause for the Centre to hold at least 51 per cent in public sector insurance companies at any given time. It will also have an enabling provision for the transfer of management control from the government to the potential buyer of the public sector insurance company. The finance ministry will move amendments to the insurance Act in the ongoing Parliament session.
Don't create an "atmosphere of fear", the Supreme Court Tuesday told the Enforcement Directorate (ED) after the Chhattisgarh government alleged the probe agency is "running amok" and is trying to implicate Chief Minister Bhupesh Baghel in a money laundering case linked to the alleged Rs 2,000 crore liquor scam in the state.
District election officer Mahendra Bahadur Singh said Aman Giri won by a margin of 34,298 votes. He received 1,24,810 votes while Tiwari got 90,512 votes.
The apex court issued notices to the Centre, ministries and departments concerned, Jet Airways and United Arab Emirate's Etihad Airways on the petition challenging the deal and sought their responses within four weeks.
7 key areas that the Budget must address to re-energise the infrastructure sector, suggests Vinayak Chatterjee.
Amid a tussle with the Aam Aadmi Party government, Punjab Governor Banwarilal Purohit on Tuesday told the Supreme Court that he has summoned the assembly for the budget session on March 3, even as the top court told both sides that constitutional discourse has to be conducted with a sense of decorum and mature statesmanship.
The session will commence with the maiden address of President Droupadi Murmu to the joint sitting of both Houses of Parliament. The address essentially highlights the government's achievements and policy priorities.
The Delhi High Court Thursday termed as "copy-paste" a petition filed before it challenging the appointment of IPS officer Rakesh Asthana as Delhi Police Commissioner and warned the petitioner that such activity shall not be repeated in the future.
Basil had negotiated the Indian economic relief package to help Sri Lanka tackle the current foreign exchange crisis.
The Supreme Court on Friday agreed to hear on September 9 a plea challenging certain provisions of the 1991 law which prohibit filing of a lawsuit to reclaim a place of worship or seek a change in its character from what prevailed on August 15, 1947.
With the special officer and the new commissioner taking charge, the exercise to reshuffle and reorganise the municipal staff will begin.
Rajapaksa, 73, fled Sri Lanka after the July 9 uprising when people broke into the President's House after months of public protests against him for mishandling the country's worst economic crisis since 1948.
Serum Institute of India has urged Union Health Minister Mansukh Mandaviya to consider reducing the gap between the second and the precaution dose of Covishield from the current nine months to three, in line with Centre's revised guidelines for officials on election duty, official sources said on Thursday.
The best, wisest, and fairest next step in strengthening our own cause is to restore statehood to Jammu & Kashmir and allow the resumption of robust political activity. That's a box that remains unchecked on the Modi government's report card as we approach the fourth anniversary of Kashmir's Constitutional shift, notes Shekhar Gupta.
The Supreme Court, which had on February 7 refused to entertain two pleas seeking to restrain Lekshmana Chandra Victoria Gowri from taking oath as an additional judge of the Madras high court, on Friday pronounced the reasons for the dismissal of the petitions.
During his first Union Budget in July 2014, former finance minister Arun Jaitley announced the setting up of an institution called 3P India, with an allocation of Rs 500 crore. The intention was to mainstream public-private partnerships (PPPs) in India. The plan was to bring together the capacities of the government and private sector to push PPP projects.
The government on Tuesday asserted in Lok Sabha that it will not allow anti-national acts.
"I'm taking a minute to respond... I do respect Raghuram Rajan as a great scholar who chose to be in the central bank in India at a time when the Indian economy was all buoyant," Sitharaman said during the lecture organised by the Deepak and Neera Raj Centre on Indian Economic Policies of the Columbia University.
If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
The Central Bureau of Investigation has named 10 non-government organisations, including the US-based Omidyar, as accused in the case of allegedly conspiring to illegally facilitate the registration and renewal of Foreign Contribution (Regulation) Act licences.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
Sharad Pawar reckons that the NCP has value as a united, going concern, not as a gaggle of leaders in search of followers, notes Shreekant Sambrani.
The Centre has imposed a ban on the Popular Front of India (PFI) and several of its associates for their alleged terror activities.
China on Wednesday accused India of "trampling" on the Panchsheel principles and asked New Delhi to "correct its mistakes" as soon as possible by pulling back troops.
The Centre said the reports of the governor mention that law and order situation has been deteriorating every passing day and there was 'total collapse' of the law and order machinery.
Air India Chairman Rajiv Bansal has been appointed as the new aviation secretary as part of a major top-level bureaucratic reshuffle effected by the Centre on Wednesday. K Rajaraman, additional secretary in the department of economic affairs, has been appointed as secretary, department of telecommunications, a personnel ministry order said.
The Centre Monday urged the Supreme Court not to invest time in examining the constitutional validity of the penal law on sedition, saying it has decided to re-examine and re-consider the provision which can only be done before the competent forum.
Singhvi said when the release was ordered on August 15, the Modi government maintained a studied and deliberate silence on freeing the criminals, an action which has drawn legitimate criticism the world over and "exposed our system to widespread shame and ridicule".
The government wants the RBI to part with most of its profit as dividend.
The Centre's push to sell Air India on priority has led to delays in other strategic divestment proposals, such as privatising United India Insurance, as well as ongoing transactions, such as Shipping Corporation of India (SCI) and Bharat Petroleum Corporation (BPCL), revealed multiple officials involved in the process. The Department of Investment and Public Asset Management (DIPAM) is yet to take new privatisation recommendations of the NITI Aayog to the core group of secretaries on disinvestment (CGD) headed by the Cabinet secretary, said one of the officials. The priority now is to ensure all approvals for Air India are in place since the government intends to hand over the national carrier as early as this month.
Europeans believe that what is under attack is their way of life, their secular faith, the long-fought right to keep religion out of the public sphere, observes Virendra Kapoor.
The BJP and the AIADMK are unable to sort out ideological differences, observes N Sathiya Moorthy.
The court asked the Centre to explain why the injuries suffered by people are above the knees.
The SJB has begun to collect signatures from MPs for the no-confidence motion, according to media reports.
The study also indicated that the risk seems to increase with each infection.
The chief ministers' conference on Monday is likely to be a dull affair with most of the non-Congress state leaders giving it a miss. So far only six chief ministers, all from Congress, have given their commitment to attend the meeting, official sources said.
The new season of The Crown is a bit of a dreary watch, observes Deepa Gehlot.
Addressing the BJP parliamentary party meeting, Modi said he relished all these challenges during the pandemic and the country also overcame them.
Is it a divine, sacrosanct university, a holy cow, prohibiting human intervention?
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