Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.
Under attack for his controversial comment on the Women's Reservation Bill, Samajwadi Party supremo Mulayam Singh Yadav on Thursday justified his remark, that a separate quota for women would help only those belonging to elite families, whom 'youths would whistle at'.At a meeting of party workers at the SP headquarters in Lucknow, Yadav asserted that his statement was not a slip of tongue but was made after evaluating all aspects, to initiate a debate on the issue.
The Trinmool Congress, fuming over the manner in which the Women's Reservation Bill was passed in the Rajya Sabha on Tuesday, has claimed that the Congress 'cheated' their leader Mamata Banerjee over the issue."Till the last moment, we were kept in the dark. Congress leaders didn't show us their cards till the last moment. This is not the way to treat allies," said Minister of State for Health Dinesh Trivedi.
A cornered government faced flak from the BJP which today sought to make political capital out of its failure to get Women's Reservation Bill passed in the Rajya Sabha by accusing it of developing a cold feet after SP and RJD threatened to withdraw support. Both BJP and CPI(M) said the government should have convened an all-party meeting on the issue earlier.
An assurance to this effect was given by Prime Minister Manmohan Singh to a delegation of Women PowerConnect, which met him in New Delhi recently.
Prime Minister Manmohan Singh's wife Gursharan Kaur wants the women reservation bill passed "to give the Indian women equal opportunities".
The move, a first in the country after the Supreme Court order, is intended to consolidate the BJP's Dalit outreach in Haryana.
The former Union minister said all (parties) should keep trying to get the bill passed.
The Samajwadi Party and the Rashtriya Janata Dal on Monday said they would oppose the Women's Reservation Bill in its present form at an all-party meeting convened by the government and stick to their demand for separate quotas for women from the minority community, scheduled castes, scheduled tribes and other backward classes. the meeting has been convened by Finance Minister Pranab Mukherjee, who is Leader of Lok Sabha, to find a way out of the impasse on the bill.
A meeting of political parties supporting the Women's Reservation Bill on Tuesday failed to evolve a strategy on its passage in Rajya Sabha, with the Bharatiya Janata Party and Left parties demanding that a discussion be held before voting.The meeting was called by leader of Lok Sabha Pranab Mukherjee to discuss a strategy to ensure smooth passage of the Constitution amendment bill.Sources said the meeting failed to reach a consensus on the passage of the proposed law.
Maratha activist Manoj Jarange on Tuesday launched a fresh indefinite fast, his sixth in a span of over a year, to press for the demand for reservation to his community under the OBC category.
Congress president Mallikarjun Kharge has accused the BJP of rigging the Maharashtra assembly elections and called for a return to ballot paper voting. He also criticized the Modi government for selling off public assets, undermining democratic institutions, and promoting communal polarization. Kharge's remarks come as the Congress prepares for its AICC session in Ahmedabad, where it will present its political and economic views.
Terrorists opened fire at a popular tourist spot near Kashmir's Pahalgam town on Tuesday afternoon, killing 26 people, mostly holidayers from other states, in what is the deadliest attack in the Valley since the Pulwama strike in 2019.
Gandhi has written the letter, seeking passage of a resolution urging the central government to pass the bill, to the chief ministers of those states where the Congress is in power.
Non-banking entities such as fintech firms will have to tap into use cases beyond peer-to-peer (P2P) and peer-to-merchant (P2M) transactions to scale up the presence of the retail version of the central bank digital currency (CBDC), which is also known as the e, said industry players. These use cases will enable programmable transactions across domains, including the government's direct benefit transfer (DBT) schemes, with subsidies restricted to specific purposes such as food coupons, hospital bills, fertilisers, pesticides, and cross-border remittances.
Plagued by differences, a meeting of Members of Parliament of the Janata Dal-United on Monday failed to take a common stand on the Women's Reservation Bill, but a majority of the party MPs in the upper House are set to vote in favour of the Bill.
Chavan said the Mahayuti and BJP's policy was Viksit Bharat and Viksit Maharashtra, as spelt out by Prime Minister Narendra Modi.
Yet another effort to reach a consensus on the Women's Reservation Bill failed to make any progress with two major political parties staying away from an all-party meeting here today and others opposed to the measure sticking to their guns.
A Green Card, known officially as a permanent resident card, is a document issued to immigrants as evidence that the bearer has been granted the privilege of residing permanently in the US.
The contentious anti-conversion bill was cleared by the Karnataka Cabinet on Monday and it is most likely to be tabled in the legislative Assembly on December 21, official sources said.
The Samajwadi Party said not a single male would be elected to the Lok Sabha ten years after the Women's Reservation Bill came into force and advocated a quota for the fair sex within political parties. "Once the bill comes into force, not a single male would be elected to the Lok Sabha after ten years as elected women would not leave their seats, nor will the political parties be in a position to replace them," Samajwadi Party president Mulayam Singh Yadav said .
The government said on Friday that the controversial Women's Reservation Bill would be brought for consideration in the Lok Sabha in the Monsoon Session of Parliament -- a move apparently aimed at dividing opposition unity.
Faced with a challenge to his traditional Other Backward Class-Muslim vote base from the ruling National Democratic Alliance in poll-bound Bihar, Rashtriya Janata Dal chief Lalu Prasad appears to be making inclusion of caste in census and opposition to women's reservation bill his major planks to woo the electorate.Strongly pitching for incorporating caste in census, he said opposing it could spark a 'mass agitation'.
A bench of Chief Justice DY Chandrachud and Justices PS Narasimha and JB Pardiwala was told by solicitor general Tushar Mehta that he had some discussion with the governor on the issue and would make a statement on the next date of hearing.
"Though we welcome the amendments to Succession Act, passing of Domestic Violence Act, women quota in NREG Act and the announcement of extension of maternity leave to six months, we are critical of the failure of the UPA government to introduce the bill on 33 per cent reservations of seats to women in Parliament and state assemblies," the resolution, adopted on the penultimate day of the ongoing 20th Congress of the CPI, noted.
Leader of the Opposition in the Lok Sabha Rahul Gandhi asserted that the Congress will protect the Constitution and the reservation system at all costs and foil "conspiracies" of the Bharatiya Janata Party.
The liquidity will move into deficit after advance tax payments and GST outflows. It will rebound in October because of government spending.
The decision by SP, with 21 members in Lok Sabha, and RJD with four will, however, have no impact on the stability of the UPA government. The SP and the RJD were outside supporters of the government.
'...how do they consume and contribute to the GDP?'
Fintech firm BharatPe is targeting an initial public offering (IPO) in the next 18-24 months with the company expecting profitability at an earnings before interest, taxes, depreciation and ammotisation (Ebitda) level for FY25, chief executive officer (CEO) Nalin Negi said.
Ramesh said the current limit of 50 percent is not explicitly mandated by the Constitution, but has been decided through various Supreme Court decisions.
Consensus continued to elude the Women's Reservation Bill which is unlikely to see the light of the day during the current session of Parliament.
While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
He asserted that the AAP cared for the people of Delhi and that's why they announced financial assistance for the Resident Welfare Associations to help people ensure better security in their neighbourhood by hiring private security guards.
The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures and the issue has now been largely rectified, government sources said. The downward revision has provided the actual picture of trade deficit (difference between imports and exports), which was earlier looking very high. The deficit for November will now be revised downwards from $37.84 billion to about $32.8 billion. Similarly, there will be a revision in overall import numbers as well.
IT major Wipro on Friday posted a 4.6 per cent year-on-year rise in its consolidated net profit for the June quarter at Rs 3,003.2 crore. The Q1 FY25 revenue of the Bengaluru-headquartered firm, however, fell 3.8 per cent to Rs 21,963.8 crore.
UPA managers say cooling of tempers, passage of Budget are bigger priorities.
The Parliament on Tuesday unanimously passed the bill to restore the power of states and union territories to prepare and maintain their own list of socially and educationally backward classes (SEBCs).
Social changes take a "little time" and sometimes it is easier to bring a law but difficult to persuade society to change with it, the Supreme Court observed on Thursday while deliberating upon the issue relating to the dissolution of marriages.
Apparently addressing concerns that it was encroaching into parliamentary territory, the Supreme Court has said the report of the Parliamentary Standing Committee on the OBC reservation bill will be placed before it after it is tabled in the House.