The Securities and Exchange Board of India (Sebi) is considering a proposal to allow mutual funds (MFs) to charge a fee based on their performance, said Ananta Barua, whole-time member of the markets regulator. He said the proposal is being reviewed by a working group formed to look into cost structures. "One working group has been set up which is going to review... One of the suggestions is that if any scheme or fund is performing well above the benchmark, it (fee) can be linked to its performance.
The appointment of the new selection committee, central contracts and having different coaches and captains for the different formats are likely to be discussed in BCCI's Apex Council meeting on Wednesday.
Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved.
August 15, 2023 became for me, an extraordinary Independence Day. I will remember it as the day the country's largest political party -- one that struts around like a colossus and tutors us in apt behaviour -- suddenly looked bankrupt in terms of ideas and had to take out a personal guarantee from the prime minister to underscore its capacity to deliver our future, observes Shyam G Menon.
Uttarakhand Chief Minister Pushkar Singh Dhami on Saturday reviewed relief and rescue operations with senior officials of the government after returning to Dehradun from on-site inspection of Joshimath landslide area gave directions for forming a coordination committee immediately at the government level under the chairmanship of the Additional Chief Secretary and at the local level under the chairmanship of the Commissioner Garhwal.
Earlier this week, the IOC banned Kuwait's Sheikh Ahmad Al-Fahad Al-Sabah for three years, saying he had an "undeniable impact" on this month's OCA elections in which his brother Sheikh Talal Fahad Al-Ahmad Al-Sabah was appointed president.
As per the orders issued on Monday by the chief secretary, appointments of all chairman, vice-chairman, and nominated members in boards and corporations, autonomous bodies, cooperative institutions and other committees, including temple committees and urban local bodies be terminated forthwith.
A three-year validity of an inflation target is, perhaps, more reasonable and practicable.
China's size and ambition have enabled it to successfully penetrate every sector of the UK's economy, an influential parliamentary panel has said, warning that Beijing's national imperative continues to become a technological and economic superpower on which other countries are reliant, which represents the "greatest risk" to the UK.
Aviation watchdog DGCA will conduct a special audit of grounded airline Go First's facilities in the national capital and Mumbai from July 4 to 6 before approving the revival plan for resumption of flights, according to a senior official. Cash-strapped Go First stopped flying on May 3 and is undergoing a voluntary insolvency resolution process. Meanwhile, a senior executive at the airline expressed hope of resuming ticket sales -- which was paused by DGCA following the grounding of the carrier -- from July 7 or July 8 and subsequent relaunch of the operations from middle of next month.
The top court's observation came while dismissing a plea filed by the college against an order of the Andhra Pradesh High Court which set aside the government's decision to enhance the tuition fee of MBBS students.
The IBA has also welcomed the presence of an IOC monitoring group, which would "see first-hand IBA's best practices regarding technical and competitions rules, specifically its heralded bout review process," the federation said.
It is when one looks away from the immediate song and dance and at the granular detail of what has been going on since 2014 that one realises what the quality and competence of thinking and execution is in this project we call New India, asserts Aakar Patel.
The senior officials of the health ministry apprised the minister on various improvements that have been made to make the pan India dry run glitch free, such as number of telephone operators has been increased to answer every possible query from the teams on the ground conducting the dry run.
To maintain dignity of the House, government was forced to place this proposal of suspension, minister Pralhad Joshi said
In a statement, the ministry also said several steps have been planned to support the cheetah project, including the establishment of a Cheetah Research Center with facilities for rescue, rehabilitation, capacity building, and interpretation.
The announcement comes in the wake of the ball-tampering scandal in Cape Town, which resulted in Cricket Australia handing out bans to sacked Australia captain Steve Smith, David Warner and Cameron Bancroft.
Directing the Centre, states and Union Territories (UTs) to ensure the queer community is not discriminated against, the CJI, who is heading the constitution bench, said queer is a natural phenomenon known for ages and is neither urban nor elitist.
The Board of Control for Cricket in India will hold it's Annual General Meeting on September 21 as per its existing constitution and is expected to wait for the Review petition verdict before getting into the implementation phase of the Lodha Committee Reforms.
The Securities and Exchange Board of India (Sebi), the market regulator, has said, in a submission to the Supreme Court, that it is "enquiring" into the allegations made by American short-seller Hindenburg Research against the Adani Group of companies and its impact on the markets. In the same matter, the central government has agreed to form an expert committee to strengthen the regulatory regime in order to ensure that market investors are protected. The Supreme Court had last week suggested an expert committee to look into the allegations and had asked the Centre for its response.
The Union health ministry on Thursday termed as 'misleading' and 'fallacious' media reports which claimed that regulatory approval for COVID-19 vaccine Covaxin was rushed due to political pressure.
Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based 'opaque' investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project (OCCRP) alleged on Thursday. The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a US short seller wiped away close to $150 billion in value of Adani group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate run by billionaire Gautam Adani. Adani group has denied all allegations. Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.
The need for finding options for proper functioning of Parliament is of paramount importance as the frequency of the passage of Budgets and other economic Bills without discussion or debate has only increased in the last few years, notes A K Bhattacharya.
The Drugs Controller General of India (DCGI) has granted permission to the Serum Institute of India (SII) to manufacture the Sputnik COVID-19 vaccine in India for examination, test and analysis with certain conditions, official sources said.
The ICC on Wednesday deferred a decision on the planned scrapping of the rotational system of presidency but asked next-in-line Pakistan and Bangladesh not to nominate a candidate till a review of its governance structure before the next Executive Board meeting in October.
The 21st meeting of FSDC comes against the backdrop of the economy hitting a six-year low growth rate of 5 per cent in the first quarter of 2019-20. Even some of the macroeconomic data for the second quarter does not portray an encouraging picture of the economy.
The aggrieved lady had "rescinded" an initial request for action after the two "appeared" to have sorted out the issue.
The Supreme Court on Tuesday dismissed the Board of Control for Cricket in India's petition seeking review of the court verdict validating Lodha Panel recommendations.
Replying to a Calling Attention Motion, labour minister Oscar Fernandes, however, said there will be no amendment to the Employees' Pension Scheme 1995 in the wake of Sixth Central Pay Commission as the two issues are not related. He said two committees, including one headed by a special secretary, have been set up to review the EPF scheme and ensure that it brings better benefits to the employees.
Finance Minister P Chidambaram on Monday said he is reviewing the Direct Taxes Code (DTC) Bill and it will be introduced in Parliament after taking into account the recommendations of the Parliamentary panel.
The parliamentary sub-committee on the rehabilitation of Jammu and Kashmir Pandit migrants has urged the state government to take concrete steps to implement prime minister's package for the rehabilitation and welfare of the Kashmiri migrants in the state.
The International Cricket Council is set to discuss the reviewing of no-balls with the controversial topic again rearing its head following Adam Voges' non-dismissal late on day one of the first Test in Wellington. Voges was bowled having shouldered arms to the fourth ball of Doug Bracewell's 11th over, the last of the opening day of the Trans-Tasman series. The delivery seamed in and hit off stump, but the batsman - still in his leaving pose as his wicket was disturbed - looked up and saw umpire Richard Illingworth raise his right arm to signal for a no-ball. However, controversy erupted when replays clearly showed Bracewell did have part of his front foot behind the popping crease. On numerous occasions, dismissed batsmen have been granted reprieves by the third umpire, who are sometimes called on to review the front foot for wicket-taking deliveries that have been deemed legal by the on-field official. But an ICC spokesperson confirmed there is no provision for the third umpire to overrule when the on-field umpire has signalled a no-ball.
The Reserve Bank may go for a final 25 basis points increase in the current rate hike cycle next week and a reduction would come in only by the end of third quarter of FY24, economists at Axis Bank said on Wednesday. As per media reports, RBI officials met economists on Tuesday, and the latter have suggested the central bank to go for a 25 basis points hike in key rates. Since May 2022, the RBI has hiked rates by 250 basis points, hurting borrowers and some are already concerned about loan tenors extending beyond their working lives as a result of the hikes.
The Supreme Court on Wednesday dismissed the Centre's plea seeking review of its direction to government to implement the ambitious interlinking of rivers project in a time-bound manner.
The winter session will begin on December 7 and will last until December 29.
The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank, by 2021-2022. Only 10 per cent of this has been executed.
In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation's Parliament that Hindenburg Research's allegations of the presence of 'shell' companies in the Island nation are 'false and baseless' and that Mauritius was in compliance with OECD-mandated tax rules. US short seller Hindenburg on January 24 alleged that billionaire Gautam Adani used shell companies based in Mauritius to manipulate stock prices of his Indian-listed companies.
A three-judge bench presided by Chief Justice Ranjan Gogoi and comprising of Justice Sanjay Kishan Kaul and K M Joseph said that it was not their job to go into the issue of pricing of the fighter planes.
Questioning Lodha Committee's fresh clarifications, Cricket Association of Bengal (CAB) legal advisor Ushanath Banerjee pleaded for a review saying it made a clear departure from the earlier stand and misconstrued the order.
The Naresh Chandra report is the result of the first-ever focused exercise since the Kargil Review Committee, headed by the late K Subrahmanyam, of 10 years ago after which no such holistic review of all aspects of national security was taken up, reports Sheela Bhatt
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