'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
An early choice will also allow Mr Rajan to do some hand-holding.
The Supreme Court on Thursday questioned the Centre over the procedure adopted for the appointment of election commissioners and asked how six names were shortlisted from 200 within a few hours.
Salient features of the National Sports Governance Bill that promise to overhaul several aspects of sports governance and the grievance redressal system for athletes and administrators alike in the country.
The opposition parties and some former CECs had opposed the move, saying it will go against the independence of the institution.
The court said the chancellor's order to withdraw nominations of the members was not based on any reason and "was rather founded on prejudice".
In what can be construed as a relief to the BCCI, the Sports Ministry has amended the RTI-related provision of the National Sports Governance Bill, placing only those bodies under its ambit which rely on government grants and assistance.
West Bengal Chief Minister Mamata Banerjee's advice to female boarders on Sunday about not venturing out late at night, in the aftermath of the alleged gangrape of a medical student in Durgapur, drew criticism from the Opposition, which asserted that her remarks were emblematic of the state's law and order situation.
The session is likely to see the proceedings of Parliament move from the old building to the new Parliament building.
The AG said that the names for the search committee have not been finalised yet.
After the State Bank of India, Bank of India has classified the loan account of insolvent Reliance Communications as fraudulent and named its former director, tycoon Anil Ambani, citing alleged fund diversion in 2016, according to a regulatory filing. State-owned Bank of India granted a Rs 700 crore loan in August 2016 to Reliance Communications for its ongoing capital and operational expenditure and repayment of existing liabilities.
There is a great need to introduce a transparent process to select information commissioners, who are expected to oversee transparency, says former Central Information Commissioner Shailesh Gandhi.
Taking the first step towards appointment of Lokpal, the government has decided to modify rules to give more powers to the search committee mandated to recommend names for appointment of chairperson and members of the anti-corruption body.
Will the Draft UGC Regulations 2025 undermine our universities? Unlikely, notes Professor Mohammad Sajjad, citing how AMU has utilised its exceptional autonomy.
Two vacancies of election commissioners came about following the resignation of Arun Goel on Friday and Anup Chandra Pandey's retirement on February 14.
Sources said the selection committee could meet either on March 13 or 14 depending on the convenience of the members and the appointments are likely to be made by March 15.
The Rajya Sabha has already given its nod to the Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) Bill, 2023.
The government has invited applications for the post of deputy governor of the Reserve Bank of India (RBI) from interested candidates with at least 25 years of experience and below 60 years of age as on January 15, 2025. One of the deputy governors, Michael Patra's current term will end on 15 January. The last date of submission of applications is November 30, 2024.
This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.
Goel's tenure was till December 5, 2027, and he would have become Chief Election Commissioner (CEC) after incumbent Rajiv Kumar retired in February next year.
'The government does not want to be transparent or accountable. Therefore, they do not want to appoint information commissioners.'
South Indian Bank is likely to name a new managing director (MD) and chief executive officer (CEO) by May end, said the Thrissur-based lender on Wednesday. The bank's shares dipped some 14 per cent at one point after MD and CEO Murali Ramakrishnan said he will not apply for an extension when his tenure ends on September 30, citing personal reasons. The bank's board on Tuesday considered Ramakrishnan's request for not intending to continue on his post and appointed a search committee for his replacement.
An official said Justice Pradip Kumar Mohanty, a judicial member of Lokpal, has been given additional charge of the post of chairperson.
Professor Mustafa should take some inspiration from the prime minister and start advocating for a Pasmanda or a woman, preferably from outside UP/Hyderabad, to be appointed vice chancellor of Aligarh Muslim University this time. That should be a fitting tribute to the vision of the prime minister.
The bench said it was not questioning the credentials of the election commissioners appointed but the procedure.
The Centre has declined to divulge details of persons who have applied for the posts of chairperson and members of anti-corruption body Lokpal, saying these are "personal" in nature and cannot be disclosed.
'Non-BJP state governments and their leaders, navigating today's political landscape, know well they have no clue what awaits around the corner.' 'The chances of charges pressed and oneself getting parked in custody play out on an uneven playing field,' points out Shyam G Menon.
Former India cricketer and selection committee chairman MSK Prasad was on Thursday named as strategic consultant by Indian Premier League franchise Lucknow Super Giants.
Raising strong objections to the "highly improper" procedure adopted by the Union government in making key appointments to the posts of Lokpal, Bharatiya Janata Party leader Arun Jaitley has charged the department of personnel with diluting the role of the Selection and Search Committees.
Justices Dilip B Bhosale, Pradip Kumar Mohanty, Abhilasha Kumari and Ajay Kumar Tripathi have been appointed as judicial members in the anti-corruption ombudsman.
The government is likely to appoint a deputy governor of the RBI by this month end despite disruption in the selection process following the resignation of former Satyam Computer independent director M Rammohan Rao from the selection committee. The government has appointed a Search Committee headed by RBI Governor D Subbarao to shortlist candidates for the post of deputy governor following superannuation of V Leeladhar last month.
The tenure of the incumbent AIIMS director, Dr Randeep Guleria, which was set to end on March 24, was extended by three months.
The government will go ahead with the appointment of chairperson and members in Lokpal once search committee rules are amended, Union Minister Jitendra Singh said on Thursday.
The Centre has notified new norms for the appointment of directors of Indian Institutes of Management (IIMs), making it mandatory for applicants to have first class degrees in both Bachelor's and Master's, along with a PhD or equivalent from a reputed institute.
Justice Ghose, who retired from the Supreme Court in May 2017, is a member of the National Human Rights Commission.
Citing overlapping of functions, a parliamentary committee on Monday recommended integrating Central Vigilance Commission and anti-corruption wing of the Central Bureau of Investigation to work directly under the command and control of Lokpal to deal with corruption cases.
The fresh plea has sought a direction to the Centre for appointment of the Lokpal.
His tenure was till December 5, 2027, and he would have become Chief Election Commissioner (CEC) after incumbent Rajiv Kumar retired in February next year.
The Supreme Court raised concerns about a potential stalemate in Tamil Nadu due to the Governor's delay in assenting to bills passed by the state assembly. The court questioned the Governor's actions, noting that he should have communicated his concerns about the bills' constitutionality to the state government. The case focuses on the delicate balance of power between the state government and the Governor, highlighting the importance of open communication and transparency in the legislative process.
The top asked the Centre to make appointments within two weeks to the tribunals which are facing severe crunch of presiding officers as well as judicial and technical members, and apprise it of reasons if persons from the recommended list are left out in the process.
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