The Committee of Administrators will move the Supreme Court if the Board of Control for Cricket in India general body takes any decision which is 'against the interest of Indian cricket' at its SGM on May 7, the COA has warned in a letter to the state units.
Banerjee also alleged that the BJP is manipulating electronic voting machines to increase its vote share.
'Clearly, the depositors of cooperative banks need the maximum protection.'
The government will unveil the Consumer Price Index data and the Wholesale Price Index data for August on Monday.
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
Brazil's government on Tuesday issued its first estimate of public spending on projects related to Rio de Janeiro's 2016 Olympic Games, though the 5.6 billion reals price tag is set to swell as more projects receive approval.
The central bank tweaked the retail inflation range to 4.8-4.9 per cent in the first half of 2018-19, and 4.7 per cent in the second half.
JNU Students' Union president Aishe Ghosh was among those questioned. Ghosh is among the 7 out of the total 9 suspects, who are from Left-leaning student organisations while two suspects are from the ABVP. The ABVP also released eight videos in support of their claims and demanded a detailed investigation.
Banned off-spinner Saeed Ajmal has been included in Pakistan's provisional World Cup squad of 30 players but it is subject to him clearing the informal biomechanics test in the United Kingdom.
The Narendra Modi government on Saturday announced acceptance of the long-pending demand for 'One Rank One Pension' but the ex-servicemen who have been on agitation rejected the key details of the decision and said their 84-day long stir will continue.
The 'Smart Cities' project is one that has faced many hurdles.
TDP Telangana unit president Ramana said they favoured a 'grand alliance' for the elections in the interest of Telangana people.
Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
Rajan Mittal, was removed from his post during the term of the Akhilesh Yadav government following complaints. But he was reinstated when the BJP government came to power last year.
'His (Das) approach to work seems that of working as a team with ease in communication.'
''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.
Fitch said the full implications of Patel's resignation will only become clearer once there is some indication of the RBI's policy approach under his replacement, Shaktikanta Das
Jayshree P Upadhyay ' Mumbai September 9, 2014 Last Updated at 22:50 IST Top Stocks to Buy in 2014 8-10 Best Stocks for 2014 per month Highly Accurate Calls, Free Trial stockaxis.com/Stocks-to-buy-in-2014 Ads by Google 3 Add to My Page RELATED NEWS Foreign investor cap in bourses may be raised Sebi sets foreign portfolio investor limit of 10% per firm Sebi move on FPI regime grounded No clarity yet on FPI regime Jaimini Bhagwati: Correcting tax and disclosure anomalies Karbonn Titanium S5 Plus Be 1st to own latest Android phone with Dual SIM, 8 MP Camera & more!www.karbonnmobiles.com/S5_Plus 1Cr Life Cover @ Rs 543* Compare Premium of 46 Insurers Buy Online and save upto 55%www.policybazaar.com/TermInsur_Rate Ads by Google In a move that could increase the stake of foreign investors in Indian stock exchanges, the government is considering a threefold increase in the single-investor investment ceiling. Currently,a foreign portfolio investor (FPI) investment in an exchange is capped at five per cent. The finance ministry has written to the regulatory authorities to increase the ceiling to 15 per cent, said sources. The proposal is said to have in-principle approval from the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI). The move would bring the FPI investment limit in line with those for financial institutions such as insurance companies and banks. NEW POLICY IN THE WORKS Single foreign investor limit in exchanges to be revised from 5% to 15% Sebi and RBI have given in-principle approval to the proposal Government to amend foreign investment policy BSE has 8 foreign shareholders holding 31% stake NSE has close to 20 foreign shareholders holding 36% stake The government allowed the foreign investors to invest in stock exchanges in 2006, with an overall cap of 49 per cent. This latter cap is likely to be unchanged. BSE and the National Stock Exchange (NSE), the two large nationwide bourses, are likely to benefit from the increase in limits. BSE has eight foreign investors, which cumulatively own about 31 per cent in it. The shareholding of Deutsche Boerse Group and Singapore Exchange Ltd are a little below the five per cent ceiling. NSE has about 20 foreign shareholders, holding around 36 per cent. Cyprus' Gagil and Goldman Sachs own five per cent each; Citi Group has around two per cent. "The finance ministry has received representations stating that the present limit of five per cent is a deterrent in attracting long-term anchor and strategic foreign investors in stock exchanges. Following which, the ministry has sought comments from both Sebi and RBI," said a person privy to the matter. A higher foreign investor limit will not only encourage more investment in Indian bourses but help in exchange of technology and products, said exchange officials. "A five per cent limit on the shareholding of any single investor or investor group is too small to encourage them to take sufficient interest in growth of the exchange," said an official associated with one, asking not to be named. The regulator and the government are also mulling a change in the shareholding of clearing corporations, which could also see individual foreign investors' cap being increased to 15 per cent. Some sections of the market believe that allowing a single FPI to own 15 per cent in a exchange could be detrimental to having a diversified shareholding. The Bimal Jalan committee, in the previous review of ownership and governance of stock exchanges in 2010, had debated whether there was a need to revise the cap. It was in favour of having an anchor investor, such as a bank or financial institution, which would own up to 24 per cent. Read more on: Fpi ' Sebi ' Rbi ' Nse ' Foreign Investor ' Singapore Exchange ' Finance Ministry Read More Investors vie for shares of stock exchanges Pick-up in sentiment, volumes boost bourses' unlisted shares HDFC Life Click2Protect+ Get Lump Sum + Monthly Income Benefit* @ Affordable Rate. Buy Now hdfclife.com/Click2ProtectPlus Retirement Calculator Plan Your Retirement Online in 2Min Calculate & Compare Premium Here! policybazaar.com/Retirement Ads by Google Advertisements Get a freedom to choose your own plan. Click here to know more... Data transforming the match-making business. click here Open a free Trading & Demat A/c with Sharekhan Leadership and Corporate Accountability-India. Click here Great fares to Europe from INR 54,000* Amsterdam. Click here Start Investing with the best Broker in india Important Facts about Infant Hearing Screening Gifting Solutions. Make easy & perfect! Find out what converged solutions can do for you. Smart Cloud Virtualized Server Recovery. Learn more. The perfect drive the perfect style. Book a test drive 3 Add to My Page Back to Top Quick Links Go LATEST NEWSAll NewsIn this section Ebola threatening Liberia's existence, minister warns IS threatens to assassinate Twitter employees Motherson Sumi, Eicher Motors, TVS Motor gain inclusion in F&O segment ABG, Bharati Shipyard rallies on hopes of government sops Pre-market: Five stocks to watch out for in trade today US manufacturing industry pushes India for free trade Dollar gains on Fed outlook, hurts shares Wall St ends lower as Apple shares fall post launch Ukraine ceasefire 'mostly holding': US Flipkart launches third private label Citron News you can use Rss icon Errors to avoid when filing returns What is Gratuity? What are NEFT and RTGS? Check your Income Tax Credit credit status form-26AS online Saving capital gain tax on sale of property Calculate tax on your house property income How to Check your EPF Balance & status online Featured Videos iPhone killers? The biggest threats to Apple's dominance video Jaguar takes the battle to BMW video The 5 biggest IPOs in U.S. history video Here is the next-gen spy plane... a blimp video MOST POPULARReadSharedCommented Supreme Court reserves order on coal block allocations Apple launches Watch, two iPhones & Apple Pay Guj rains: Hundreds evacuated in Vadodara, Army on stand-by Neel Mukherjee's book in Man Booker shortlist Mumbai airport keeps airlines guessing on Airbus A380 parking bay Market News A fourth of mutual fund equity assets concentrated in 10 stocks ICICI Bank, HDFC Bank, Infosys, SBI and L&T among fund managers' preferred bets Den Networks: Investing in new growth avenues Its tie-up with Snapdeal to launch a shopping TV channel looks like a win-win deal Sensex, Nifty retreat from record highs on profit taking The BSE Sensex and Nifty fell on Tuesday from their record highs in the previous session as investors chose to book profits in recent ... High agri imports under govt lens Dept of commerce seeks ideas to curb import dependence for supply of commodities, writes to sector bodies MCX hopes FTIL stake sale will conclude by month-end The exchange's clarification came in the wake of FMC rejecting its demand to allow approvals for contracts for the March quarter of 2015.
Section 45 in the new Bill says no claim can be repudiated after three years of the policy being in force, even if a fraud is detected, has sent life insurers into a tizzy.
Negotiations near deadlock, as states oppose Constitution Amendment Bill.
The local organizing committee for the upcoming Olympics in Rio de Janeiro said on Tuesday not a single case of Zika infection has been reported among 17,000 athletes, volunteers and staff during test events in the run-up to the games. As concern over the outbreak grows among the 500,000 visitors expected for the Olympics, the committee's chief medical officer said cooler temperatures, which are less propitious for mosquitos, had already led to a decrease in the number of Zika infections in recent months. U.S. health officials have concluded that Zika infections in pregnant women can cause microcephaly, a birth defect marked by small head size that can lead to severe developmental problems in babies.
Banks seems to be upset over RBI's move over rate cut.
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
RBI had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above.
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
'There are 17 million Hindus in Bangladesh and we, in the north east, see this Citizenship (Amendment) Bill as a route for them to enter India on the plea that they are facing persecution in Bangladesh.'
Faced with the prospect of yet another embarrassment in Rajya Sabha, Government on Tuesday night bowed to the opposition demand for sending the Mines and Minerals bill to a Select Committee after hours of battle of wits between rival sides.
Mamata alleged that the BJP and the CPI-M were provoking doctors and giving communal colour to the issue.
PCB Chairman Shaharyar Khan said on Thursday that the Board of Control for Cricket in India President Shashank Manohar has invited him for talks on the proposed Indo-Pak cricket series, the future of which is uncertain in the wake of strained political relations between the two countries.
Sports Minister Jitendra Singh has asked the Indian Olympic Association to put national interest above all and sort out its differences with the International Olympic Committee so that the country's Olympics ban is revoked soon.
'This is a public institution, run on public money and our fees,' the students say. 'Yet, decisions that affect us crucially are being taken without consulting us.'
The workers' union has accepted the '10-step' pay hike to be granted to them by way of an interim measure by the civic transport undertaking's management.
She stepped down after failing to win over her ministers with a revised strategy over her plans for the UK's withdrawal from the European Union.
Union Sports Minister Sarbananda Sonowal has asked the Secretary, Sports, who is holding concurrent charge as Director General of the Sports Authority of India (SAI), to expedite the restructuring of its cadre to create at least nine more regional centres in the country and to effectively manage these centres, especially in the north eastern region and bigger states like Maharashtra and Uttar Pradesh.
Recommending statutory backup to the model code of conduct, a parliamentary committee has sought to take away certain powers vested with the Election Commission like de-recognising a political party.
The report said in the recent months policy makers as well as the private sector have made some efforts to improve productivity.
In heart-wrenching scenes reminiscent of the aftermath of the 2019 Pulwama terror attack in which 40 CRPF personnel were killed, coffins of soldiers arrived in several states for the last rites with full military honours.
Days after the Cabinet approved doubling of natural gas price from April next year, the Finance Ministry has written to Oil Ministry suggesting setting of a ceiling or an upper limit for the rates.
The governance reforms, as an official put it, would bring in measures to track the performance of the executive-rank employees of the banks, intensively.
Gas price hike seems to be a distant dream for Reliance Industries and its partners--Niko Resources and BP.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances