Banks cannot treat compliance as a quarter-end activity, and must have stronger operational discipline and data governance throughout the year, Reserve Bank of India (RBI) Deputy Governor Swaminathan J said in a speech at the Third Annual Global Conference of the College of Supervisors.
Trump's method are more destabilising than his policy. So, a good idea these couple of years is to sip Kool-Aid, and savour the joys of Trumplomacy, asserts Shekhar Gupta.
A year after the RG Kar rape-murder Swarupa Dutt/Rediff look at the city where it happened, Kolkata -- its study in dichotomy, at once the self-proclaimed cultural capital of India as also a petri dish for a peculiar rage that breeds crimes against women.
Markets regulator Sebi is actively working with the Ministry of Finance and other financial regulators on setting up a centralised KYC (Know Your Customer) system, chairman Tuhin Kanta Pandey has said. The Central KYC is an online database that maintains KYC records of customers in a centralised manner, aiming to streamline compliance across financial institutions.
Singapore's long-ruling People's Action Party (PAP), led by Prime Minister Lawrence Wong, has secured a landslide victory in the country's general election. The PAP won 87 of 97 seats, with voters endorsing the party's focus on stability and economic security amidst global uncertainties. Wong expressed gratitude for the strong mandate and vowed to tackle concerns about the cost of living and housing. The results mark a significant win for the PAP, which has been in power since Singapore's independence in 1965.
'Even if the government does not implement an all-India NRC before 2024, it will be part of the party's long-term project.'
Delhi's air quality improved for the second consecutive day on Thursday, with the Air Quality Index (AQI) recorded in the "moderate" category at 165. This marks a significant improvement from the "poor" category recorded on Tuesday. Several restrictions imposed under Stage 4 of the Graded Response Action Plan (GRAP) were lifted, but some restrictions under Stage 2 remain in place. The Decision Support System (DSS) has not been updated since Friday, with technical difficulties hindering the update of data for the last six days.
Janhvi's prayer... Tiger flaunts his muscles... Keerthy in Baby John mode...
The ban on certain single-use plastic (SUP) items kicks in from Friday, with state governments initiating an enforcement campaign to identify and close down units engaging in production, distribution, stocking and sale of such items, officials said. Though several manufacturers have said they are not prepared to implement the ban due to a lack of alternatives, Union Environment Minister Bhupender Yadav had on Tuesday said the government had given enough time to the industry and the general public to prepare for the ban on SUP items and it hopes for everyone's cooperation in implementing it from July 1. Violation of the ban will invite punitive action, including a fine or a jail term or both, detailed under Section 15 of the Environment Protection Act (EPA) and under bylaws of respective municipal corporations, officials in the Union environment ministry said.
Violation of the ban will invite punitive action, including a fine or a jail term or both, detailed under Section 15 of the Environment Protection Act (EPA) and under bylaws of respective municipal corporations, they said. For effective enforcement of the ban, national and state-level control rooms have been set up and special enforcement teams formed to check illegal manufacture, import, stocking, distribution, sale and use of banned SUP items, officials in the ministry said.
She doesn't 'work out and swell', but we know her secret.
The Delhi government will identify single-use plastic littering hotspots and the entry points of such items into water bodies and drains by October 31 this year, according to a draft action plan for the elimination of the environmentally hazardous products.
Swara is grateful... Lara goes on a date... Prithviraj celebrates the 'constant' in his life...
A new era of Indian equity market outperformance compared to China "appears to be dawning", according to Morgan Stanley. The firm has upgraded India to overweight in its Asia Pacific-excluding Japan (APxJ) list, making it their most preferred market not only in the region but also in the global emerging market (GEM) pack. India now holds the top position in this category, with an overweight of 75 basis points, a significant increase from nil previously.
'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'
The manufacture, import, stocking, distribution, sale and use of following single-use plastic, including polystyrene and expanded polystyrene, commodities shall be prohibited with effect from July 1, 2022: ear buds with plastic sticks, plastic sticks for balloons, plastic flags, candy sticks, ice-cream sticks, polystyrene (thermocol) for decoration; plates, cups, glasses, cutlery such as forks, spoons, knives, straw, trays; wrapping or packing films around sweet boxes, invitation cards, and cigarette packets, plastic or PVC banners less than 100 micron, stirrers, the notification read. The provisions will not apply to commodities made of compostable plastic, the notification said.
Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.
Around 15 years ago, when Reliance Industries (RIL) struck natural gas in the Krishna-Godavari (KG) basin off the east coast, the government made plans to supply that fuel cheaply to scores of generators that sprang up in India triggered by the discovery. Most of the plants, which account for 6 per cent of India's total generation capacity, operate sparsely after the KG-D6 area first failed to meet production targets, and then finally shut shop. Affordable domestic gas was why those thermal plants came up and the rate of the fuel today is why those generators hardly operate. Record liquefied natural gas (LNG) rates may yet again unravel India's ambitions to expand use of gas in industries, households and vehicles. Rates, while volatile, may stay strong this decade as developed nations with higher purchasing power embrace gas as the transition fuel.
India would not be seen to be anything but rude with the Pakistanis. In the big picture, who is the bigger adversary right now? Who is the bigger pain in the neck? And who is it that is keeping more than 3,000 km of our borders active, throwing our military posture and deployments into imbalance? asks Shekhar Gupta.
In 2012, with one million deaths, China reported the highest toll from PM2.5 and PM10 pollution. At the time, India followed, reporting 621,138 deaths, nearly 10 per cent of the global toll associated with outdoor and indoor air pollution
Novak Djokovic won a record-extending 10th Australian Open crown, beating Stefanos Tsitsipas in a generational clash in the men's singles final, at Melbourne Park, on Sunday.
You finally end up with an army of midgets led by midgets, notes Sandeep Goyal.
These 8 images that prove that we truely live in a wonderfully weird world even during COVID-19.
Justice Rekha Palli, who was hearing Batra's petition alleging that the Table Tennis Federation of India (TTFI) was carrying out its selection processes in a non-transparent manner and targeting certain individuals such as herself, said that based on the committee's report, she would consider the issue of appointing an administrator to run the national sports body.
These 10 images prove that the world is wonderfully weird.
While culling the list, a quality of life surveys was taken into account along with factors such as water availability, waste removal, sewage systems, air pollution and traffic density.
Once called India's garden city, this upper middle-class residential area in Bangalore has India's most toxic air, says Devanik Saha, IndiaSpend.com.
Enthused by rising potato prices after a prolonged slump, Pradeep Sharma was planning to sow the crop on his 15-acre farm near Agra slightly earlier than usual. The delayed departure of the southwest monsoon also prompted his decision, since the good soil moisture would have saved at least one initial irrigation. But the acute shortage of diammonium phosphate (DAP), a crucial nutrient ahead of the sowing season for potatoes, nipped those hopes in the bud. DAP is the second-most used fertiliser in the country after urea.
"According to me, Narendra bhai is the best prime minister for this country. Nothing has happened to change my mind. Modi in my definition of secularism is 100 per cent secular," Jethamalani told media persons in New Delhi.
Now, a retired judge of a High Court with seven years of experience would be eligible for the appointment.
The second Grand Slam of the year, the French Open has, over the years, managed to pull in celebrities at high-profile matches. This year again, the celebrities have been in attendance as the big names of the game slug it out and get dirty on the clay courts of Roland Garros. Rediff.com gives a quick glimpse of the famous faces that have, so far, been spotted at the French Open.
India's Permanent Representative to the UN Hardeep Singh Puri said a presentation on the tablet will be held on November 28 at the world body's headquarters here to which UN Secretary General Ban Ki-moon will be invited.
Experts, too, believe that developing airports in places such as Meerut or Moradabad could be a loss-making proposition.
In-form Sydney Sixers produced a clinical all-round performance and romped to a crushing eight-wicket win over Yorkshire in their Champions League Twenty20 match in Cape Town on Tuesday.
Swedish brand has a 74 per cent share in the luxury bus segment, but competition is picking up speed.
Hosts Sri Lanka pulled off a nail-biting victory over a spirited New Zealand via the Super Over, after their opening 'Super Eight' match of the ICC World Twenty20 saw fortunes fluctuate from one team to the other till the very end, in Pallekele, on Thursday.
Andre Villas-Boas secured his first Premier League victory as Tottenham Hotspur manager when his side outclassed Reading 3-1 on Sunday with two goals from England striker Jermain Defoe.
The book, Gota's War, talks about India's "covert" role in LTTE's growth as the outfit undertook frequent terrorist strikes in the island.
Just like veteran Marxist leader and former West Bengal Chief Minister Joyti Basu, a senior Maoist leader, who is currently lodged in a Bihar jail has offered to donate his body for medical research.
India emerges as a top destination to set up incubators for global firms