A high-level committee on Thursday recommended simultaneous elections for Lok Sabha and state assemblies as the first step followed by synchronised local body polls within 100 days.
The top 50 exposures, amounting to Rs 7.8 trillion, of government-registered non-banking financial companies (G-NBFCs) constitute about 40 per cent of corporate credit within the NBFC sector, indicating concentration risk, according to the Reserve Bank of India's report "Trend and Progress of Banking in India 2022-23". Notably, all the 50 are tied to the power sector, a domain fraught with inherent challenges, the report said. The report highlighted recognising the escalating systemic importance of G-NBFCs, the Prompt Corrective Action (PCA) framework had been expanded to include G-NBFCs excluding those falling within the base layer.
The prime minister's insistence that his voice cannot be suppressed left me both puzzled and amused. He has at his call, the government's official news dissemination/publicity channels, the pliant newspapers and television channels that were eager to prostrate themselves before a powerful government and yet, the dominant voice thinks it is in competition with other voices! exclaims Shyam G Menon.
The government has now agreed to make public the audio recordings of proceedings of the joint drafting committee constituted to draft the Lokpal Bill.
The Income Tax department on Sunday published names of 31 tax evaders who owe over Rs 1,500 crore (Rs 15 billion) tax to the government.
The government on Wednesday approved merger of crisis-ridden Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL) and removed restrictions on withdrawal of deposits by depositors. The Union Cabinet has approved the merger of the LVB with DBS Bank India Limited, Union Minister Prakash Javadekar told reporters, adding the decision will provide comfort to 20 lakh depositors and protect the services of 4,000 employees.
According to the Pentagon report, the PLA is creating options for dissuading, deterring, and defeating external intervention in the Indo-Pacific region.
Securities & Exchange Board of India (Sebi) Chairman C B Bhave has for the first time publicly backed the Bimal Jalan committee report on the working of capital market infrastructure institutions (MIIs). The report was placed in the public domain on November 24 and received scathing criticism from industry players.
In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.
The Bharatiya Janata Party on Thursday demanded an "impartial" court-monitored inquiry into the allegations against Congress President Sonia Gandhi's son-in-law Robert Vadra over his property dealings with realty major DLF.
Former President APJ Abdul Kalam's letter, which he sent to Foreign Minister S M Krishna in last July, has now come into public domain, slamming Nobel Laureate economist Amartya Sen for forcing him out of his brainchild project of the Nalanda University in Bihar as its first visitor.
Amid demands for removal of Delhi Law Minister Somnath Bharti for the midnight raid episode, the Aam Aadmi Party on Friday came in his defence, saying he had sought action against the alleged drug and prostitution racket on the basis of "some evidence".
Amid demands for expulsion of arrested West Bengal minister Partha Chatterjee by Trinamool Congress leaders, the party convened a meeting on Thursday evening.
While asking the Centre to set up the delimitation panel, the top court, however, said it cannot direct Parliament to amend or make laws for giving proper representation to other communities that form part of the STs as that would amount to "venturing into the legislative domain".
The Budget, will be a mega-signalling device in terms of policy, as well as a document outlining public finance projections.
The startling details of a secret and possibly illegal telephone exchange set up in the residence of former telecommunications minister Mr. Dayanishi Maran in Chennai are in public domain for over three years.
India's first home-grown mapping company MapMyIndia is looking to list in the public market by raising around Rs 1,200 crore at a Rs 6,000-crore valuation. Sources said the company is ready with its draft red herring prospectus documents and is likely to file as early as next week. While the money will be used for business expansion, it will also give MapMyIndia's early investors, including Qualcomm, PhonePe, and Japanese mapmaker Zenrin Co., a chance to exit. The Verma family, which founded the company, will continue to remain promoters.
Throughout 2022, China turned to the PLA as an increasingly capable instrument of Statecraft, strengthening its ability to 'fight and win wars' against a 'strong enemy', points out Ajai Shukla.
The Supreme Court on Wednesday quashed the Centre's denial of security clearance to Malayalam news channel MediaOne, and pulled up the ministry of home affairs for raising national security claims in "thin air" without facts.
Three countries share a common interest in warding off cyber attacks from various agencies PLA is developing and training in China.
The Supreme Court-appointed Justice Gita Mittal committee, set up to oversee relief and rehabilitation of the victims of ethnic violence in Manipur, on Monday submitted three reports highlighting the need for reconstruction of identity documents, upgradation of compensation and appointment of domain experts to facilitate its functioning.
Stunning images featuring NSG commandos using death-defying spider-man technique for intervention to an insight into anti-hijacking operations are shot by ace photographer Pravin Talan and his associate Rupali Saagar.
Interrogation of terror accused Abu Jundal has so far revealed no new information that is not already in the public domain. Mystery surrounding several aspects of the Mumbai attack remain, reports Vicky Nanjappa.
The IAF plea has claimed that the 'information so sought includes details related to the entire entourage, names of Special Protection Group personnel accompanying the Prime Minister of India on foreign tours for his personal safety, and the same, if disclosed, can potentially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State'.
In 2003, the United States Congressional Research Service asserted that there is a danger that India may develop a bio weapons programme. It claimed that 'India is believed to have an active biological defence research program as well as the necessary infrastructure to develop a variety of biological agents'. However, there is no evidence in the public domain of India ever having pursued an offensive bio weapons programme.
Slain Ranvir Sena chief Brahmeshwar Singh alias Mukhiyaji had never written to the police seeking security, Patna Zone Inspector General of Police B Srinivasan said on Thursday.Srinivasan was asked by Bihar Director general of Police Abhayanand to investigate whether Singh or his family members had ever demanded safety cover, apprehending threat to their life, amid circulation of such reports in the public domain.
While the purchases of celebrity investors become public knowledge, what is not known is the price point at which they bought them.
Will Annamalai's attacks on the DMK revert the anti-BJP feeling in Tamil Nadu, asks N Sathiya Moorthy.
It is entirely understandable and eminently sensible that we do not fall in the American trap of joining an anti-China front. But for this to succeed there has to be quid pro quo from the Chinese. If there is indeed some in the border deal that the two nations signed, it is not in public domain, says Colonel (retd) Anil Athale.
Former chief election commissioner S Y Quraishi on Wednesday suggested an annual compulsory audit of funds and donations received by political parties. "We want that all political funding should be transparent and checked. There should be annual compulsory audits by an independent auditor to be picked up from a panel suggested by the Election Commission," Quraishi said.
With media reports alleging dubious funding for companies run by BJP chief Nitin Gadkari, the government on Tuesday said it will inquire into the issue, a stand BJP attacked as being "selective".
Breaking new ground, President Pratibha Patil has decided to declare her assets soon. This is the first time that the president of the country will be making assets public although there is no law that mandates her to do it.
Vinod Panicker, a known Poorakali-Marathukali artist for the last 37 years, alleged that the management of some local temples informed him that he could not perform the traditional artform as he lives in the same house where his non-Hindu daughter-in-law lives.
Chief Metropolitan Magistrate Dinesh Kumar directed Delhi Police to file the reply by January 14 on how the charge sheet was allegedly leaked to the media before the court took cognisance of it.
Accusing the Bharatiya Janata Party leadership of patronising illegal mining in Karnataka, the Congress on Thursday demanded the resignation of Karnataka Chief Minister B S Yeddyurappa. With the state Lokayukta report indicting the state government over the issue, Congress spokesperson Shakeel Ahmed said, "Yeddyurappa must immediately resign from his post". "All these things are already in the public domain but now the Lokayukta has indicted the chief minister," he said.
The Delhi high court on Tuesday sought the response of Union Minister Smriti Irani on a plea by microblogging site Twitter seeking certain clarifications in the court's earlier order by which it had directed social media giants to remove web links allegedly containing objectionable material against the BJP leader and her daughter.
Congress leader Rahul Gandhi said that the underprivileged need economic and political power and not empty words as he again called for removing the 50 per cent ceiling on quota and demanded reservations for Dalits and tribals based on their population.
The GST Council in its meeting next week is likely to consider a proposal for making changes in the monthly tax payment form -- GSTR-3B, which would include auto-population of outward supplies from sales return and non-editable tax payment table, officials said. The move would help curb the menace of fake billing, whereby sellers would show higher sales in GSTR-1 to enable purchasers to claim input tax credit (ITC), but report suppressed sales in GSTR-3B to lower GST liability. Currently, GSTR-3B of a taxpayer includes auto drafted input tax credit (ITC) statements based on inward and outward B2B supplies and also red flags any mismatch between GSTR-1 and 3B.
The ED made the submission before special judge Vikas Dhull while opposing Jain's plea seeking contempt proceedings against the agency for allegedly leaking the videos to the media.
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