The Securities and Exchange Board of India (Sebi) is in the process of issuing a standard operating procedure (SOP) for designated depository participants (DDPs) regarding disclosures and onboarding of foreign portfolio investors (FPIs), according to a regulatory document seen by Business Standard. DDPs act as a link between the markets regulator and overseas investors. The SOP, framed in consultation with the industry, aims to bring consistency across all players and avoid any form of regulatory arbitrage.
The Uttar Pradesh Chief Minister said that if Hindus are safe, then Muslims are also safe in his state.
Appearance through video conferencing, refraining from making comments on the physical appearance and educational background of government officials and reasonable time frame for compliance of judicial orders are some of the suggestions enumerated in the Standard Operating Procedure (SOP) the government has submitted to the Supreme Court for consideration.
No separate vehicle for anyone, all players to travel by team bus, BCCI tells state units
Thackeray had on Monday claimed his bag was inspected by the election authorities when he arrived in Maharashtra's Yavatmal to campaign for the November 20 assembly elections.
The West Bengal government has ordered a CID probe into the death of a woman and three others falling critically ill after childbirth in a state-run hospital allegedly following the administration of 'expired' intravenous fluid. A 13-member committee will also investigate the matter parallelly. The decisions were taken at a review meeting chaired by Chief Minister Mamata Banerjee. The CM also holds the health portfolio. "We have asked the CID to investigate the matter. They will look into all aspects and find out whether there were procedural lapses and whether SOPs (standard operating procedures) were properly followed or not," Chief Secretary Manoj Pant said. Pant said the CM held a review meeting with officials of the state health department and gave a clear direction that such negligence in administrative and procedural lapses will not be tolerated. "Strict action will be taken against those found guilty of any procedural lapses or in treatment," he said. Referring to the initial report on the incident submitted by the committee, Pant admitted that "clear violations" of norms were found in this matter. A woman died and four others were critical after the delivery of babies at the Medinipur Medical College and Hospital allegedly due to the administration of expired intravenous fluid, prompting the health department to constitute the panel to investigate the matter.
To offer additional support at the low end of the income ranges, the Centre will consider a large-scale jump in exemption rates under the old income-tax regime in the vote on account, or interim Budget, according to a senior official in the know. Those will include an extension of the income tax exemption rates close to Rs 7 lakh and additional measures for women farmers.
States are mandated to develop and implement 'heat HAPs' for prevention of heat-induced diseases. But most do not go beyond standard advisory on heat prevention.
Indian pharmaceutical companies have made major strides in adhering to stringent US Food and Drug Administration (USFDA) norms in 2024, with data suggesting a decline in the number of adverse classification outcomes of inspections across biologics, drugs, and devices. In 2023, the USFDA conducted 225 inspections, which led to 18 cases of Official Action Indicated (OAI) and 117 cases of Voluntary Action Indicated (VAI).
The trial incineration of 10 tonnes of waste from the Union Carbide plant in Bhopal, responsible for the 1984 gas tragedy, began on Friday afternoon in Pithampur, Madhya Pradesh. The process, ordered by the Madhya Pradesh High Court, is expected to take 72 hours to complete. The waste includes soil, reactor residues, pesticide residues, and other materials. The State Pollution Control Board says the chemicals in the waste have become "almost negligible" and there is no presence of methyl isocyanate gas. The incineration process is being monitored by the Pollution Control Board and broadcast live.
The MHA, under the leadership of the prime minister and guidance of Union Home Minister Amit Shah, will prepare the SOPs for the safety and security of journalists, they said.
The case was lodged under relevant sections at the North Avenue police station, they said, without giving details of the FIR.
Reliance Industries Limited has been granted approval to set up a battery manufacturing facility for up to 10 GW under the Rs 3,620 crore-Production Linked Incentives (PLI) scheme for ACC Battery Storage, the government said on Wednesday. The Ministry of Heavy Industries had received bids from seven bidders under global tender for Production Linked Incentives (PLI) scheme for 10 GWh Advanced Chemistry Cell (ACC) manufacturing, with a maximum budgetary outlay of Rs 3,620 crore, announced on January 24, 2024.
Having recently made his international comeback against England in both T20Is and ODIs, the stretchable knee caps did not go unnoticed as Mohammed Shami first tried to get a feel of the conditions by bowling a few deliveries with a short run-up.
The chartered flight, operated by a private firm, carrying Rishiraj Sawant (32) and his two friends returned to Pune airport between 8 pm and 8.30 pm on Monday, abruptly cutting short a trip to the Thailand capital which was not disclosed to the former minister, who is leader of the ruling Shiv Sena, and his family.
These few and far between 'sops for votes' are the reason why the Jenu Kuruba community, which is fighting the government for decades for even the basic amenities -- like land rights, access to water and electricity -- bother to cast their votes, said J K Thimma, head of the settlement.
The Supreme Court of India has sought a response from the Election Commission of India (ECI) regarding pleas seeking verification of burnt memory and symbol loading units in Electronic Voting Machines (EVMs). The court directed the ECI to refrain from erasing or reloading data during the verification process and to explain the procedure adopted for verification. The bench also expressed concerns over the high cost of verification and directed the ECI to reduce the fee. The court's directive comes following its previous judgement where it allowed aggrieved candidates to seek verification of EVMs.
Amid heightened security measures, more than two crore devotees took a dip in the Sangam till 6 pm on Wednesday on the occasion of Maghi Purnima during the ongoing Maha Kumbh Mela in Prayagraj.
Maharashtra Health Minister Prakash Abitkar has linked 80% of suspected Guillain-Barr Syndrome (GBS) cases in Pune to water contamination around a well in Nanded village. The state health department and the Pune Municipal Corporation (PMC) are taking measures to address the issue. The well is a source of water for surrounding villages, and officials suspect contamination is leading to the spike in GBS cases. The minister emphasized that GBS affects individuals with weak immunity, and campylobacter jejuni bacteria, usually causing stomach infection, can trigger the disease. The PMC has conducted water sample tests, with some showing evidence of norovirus and campylobacter jejuni. Clean drinking water is being provided through tankers to affected areas.
The government is formulating guidelines on the use of ethylene oxide (ETO) in samples of spices for the domestic market and exports, people aware of the matter said, as it plans to step up efforts to make quality checks more stringent. ETO, a flammable, colourless gas, is typically used as a disinfectant. It is also used as a sterilising agent and an insecticide to reduce microbial contamination in spices. However, its use is considered carcinogenic, beyond permissible limits.
External Affairs Minister S Jaishankar clarified the process of deportation of Indian nationals from the US, stating that it is not a new phenomenon and has been ongoing for several years. He assured the Rajya Sabha that the government is engaging with the US to ensure that the deported Indians are not mistreated during their transit. Jaishankar also emphasized the need for strong action against the illegal migration industry while ensuring ease of visas for legitimate travellers. The minister provided details about the number of Indians deported from the US since 2009, highlighting the peak in 2019 with 2,042 deportations.
A round-up of Wednesday's UEFA Champions League last-16 first leg matches.
A parliamentary committee has suggested 'consent of the recipient' was a must in case a National Akademi decided to confer an award to prevent the honour's return by the individual for political reasons as it was 'disgraceful' to the country.
India has raised concerns with the US over the recent deportation of 104 Indian immigrants, with Foreign Secretary Vikram Misri revealing that US authorities have identified up to 487 presumed Indian citizens with "final removal order." Misri also highlighted the "ecosystem to promote illegal migration" and stressed the need for action against those involved in facilitating such operations.
Indian cricket captain Rohit Sharma has expressed his reservations about certain clauses in the BCCI's new disciplinary guidelines, particularly the restriction on families accompanying players on long tours. The guidelines, reportedly prepared at the behest of head coach Gautam Gambhir, have sparked debate within the team, with Sharma indicating he will discuss the matter with the BCCI secretary.
The real intention of the 'Tariff Man' (as Trump calls himself) may not even be to put the 'Tariff King' (as he describes India) on the mat with a knockout punch but to arm-twist the Indian leadership to agree to some multi-billion dollar mega arms deal, argues Ambassador M K Bhadrakumar.
Virat Kohli, struggling for form, will be playing in Delhi's last league game against Railways at the Kotla from January 30.
Shivakumar said, "Mahayuti leaders should visit my state to see how Congress' welfare guarantees are benefiting people."
'2025 is the year to build a portfolio for the future. Focus this year should be on valuations and visible growth.'
A man suspected to have contracted Guillain-Barre syndrome (GBS) has died in Maharashtra's Solapur district, while the number of cases of the immunological nerve disorder in Pune rose to 110, health officials said on Monday.
Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.
The faceless authority has suggested a host of changes in the assessment process following conflicts and practical difficulties raised by taxpayers since the new regime was introduced. On August 3, the National Faceless Assessment Centre issued a set of standard operating procedures (SOPs) to address several anomalies in the regime. The faceless centre, constituted by the Central Board of Direct Taxes, is the nodal authority and works as an interface for the faceless regime.
India's opposition parties have sharply criticized the Union Budget, calling it inadequate to address the country's economic woes and accusing the BJP-led government of using it to woo voters in Bihar and Delhi ahead of upcoming elections. Leaders from the Congress, TMC, DMK, SP, and CPI(M) voiced their disapproval, highlighting concerns over inflation, unemployment, and the lack of substantial measures to support the agricultural sector and the poor. They also criticized the tax cuts for the middle class as insufficient and coming too late after years of high taxes and rising prices.
Officials said Clade 1b strain has been detected in a 38-year-old man from Malappuram district who had recently returned from the United Arab Emirates.
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
The Madhya Pradesh high court in Jabalpur on Monday directed the state government to take steps within six weeks for disposal of Bhopal-based Union Carbide's 337 tonnes of hazardous waste as per safety protocols, while restraining the media from publishing any fake news on the same.
The woman said she was constrained to approach the court because Air India and the DGCA failed to treat her with care and responsibility after the incident.
A 38-year-old man undergoing treatment in Kerala's northern Malappuram district has been confirmed to have contracted Mpox infection, the state health department said on Wednesday.
The ethnic violence between Meitei and Kuki communities in Manipur has claimed 258 lives since May last year, the state government's Security Advisor Kuldiep Singh said on Friday.
The Mumbai Regional Transport Office (RTO) officials have said they suspect 'human error' and 'lack of proper training' led to the horrific accident in Kurla where a Brihanmumbai Electric Supply and Transport (BEST) bus fatally knocked down seven persons and injured 42 others.
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