Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart from addressing stress in the NBFC sector.
In a stern warning to Pakistan, India on Sunday said there cannot be a dialogue with Islamabad if ceasefire violations are repeated.
Fearing disturbances from across the Indo-Pak border, Jammu and Kashmir government will relocate 125 polling stations along the borderline in Jammu district to safer places to ensure border dwellers vote freely.
The crisis-hit NSEL is promoted by Jignesh Shah-led Financial Technologies (India) Ltd.
After defaulting for a consecutive time in paying its investors, National Spot Exchange Ltd (NSEL) got a Rs 177-crore (Rs 1.77 billion) lifeline from its main promoter, Jignesh Shah-run Financial Technologies.
Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.
After National Spot Exchange Ltd (NSEL) this week suspended trading in forward contracts, the Forward Markets Commission (FMC), the commodities market regulator, on Friday sought to allay fears over the exchange defaulting on open contracts.
Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.
The CAG report, tabled in Parliament, states the interest on the short payment stood at Rs 1,052.13 crore for the period up to March 2016.
The FMC on Thursday barred the National Spot Exchange and group firms from auctions of commodities held by the bourse after a complaint that firms related to the former managing director took part in the bidding process.
To plug claims mismanagement, the Insurance Regulatory and Development Authority of India (Irdai) is bringing reforms in the mediclaim segment.
Sri Lanka's Minister for Economic Development, Basil Rajapakse's visit to New Delhi on Thursday for what is described as "regular high level consultations" comes shortly before a scheduled meeting of a Parliamentary Select Committee for Constitutional Amendments on July 9.
The Income Tax department has declined to share details of probe being carried out in Rs 5,600 crore (Rs 56 billion) payment default by National Spot Exchange Limited (NSEL) saying it would "hamper the process of investigation or apprehension of offenders".
Understand the magic that SIP brings to the table for you as an investor, says Satyen Kothari. You can start by investing as little as Rs 500 per month.
The Bill has already been passed by the Lok Sabha.
'All these people want is a secure home where they can live and earn in peace.'
Soon after the BJP lost the 2004 election, the stockmarkets went into unprecedented free fall. Then SEBI Chairman G N Bajpai reveals how his firm handling of the situation restored confidence and soon the markets were back to doing what they do best -- make money. A revealing excerpt from his book, A Game Changer's Memoir.
The Ministry of Corporate Affairs ordered the inspection of the books of accounts of NSEL and Financial Technologies India Ltd to ascertain if any rules under the Companies Act were violated, a senior official said.
Experts say only three per cent individuals pay taxes.
In a controversial move, global private banking major HSBC has closed a number of "risky" accounts belonging to Muslim groups and individuals in the United Kingdom.
US-based outsourcing firm iGate on Wednesday said its net profit declined 89.6 per cent to $3.1 million for the quarter ended June 30, 2014 hit by a one-time charge related to a debt settlement.
The government on Tuesday said it is keeping a close watch on the developments in the crisis-ridden NSEL and will take action once reports of the two committees looking into the problems of the exchange are received.
'Our biggest advantage is that the troops are much better trained and motivated than the Chinese and can improvise and manage with a part of the resources.'
Parekh says drafting new I-T law is hindered by the lack of experience.
In EU Competition Commissioner Margrethe Vestager, who has kickstarted the long-pending anti-trust investigation into Google, the internet search giant may have finally met its match.
The initiative would provide double the relief announced by the states of UP and Maharashtra, the Punjab CM said.
The Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines that will allow car dealers to become Motor Insurance Service Providers (MISP) and offer the policies of multiple general insurers, says Sanjay Kumar Singh.
'If India does venture across the LoC, it will evoke a strong response.'
In the Northeast, while three people died in Assam, two each lost their lives in Arunachal Pradesh and Mizoram in rain-related incidents.
China on Sunday commissioned the world's largest radio telescope which has a 4,450-panel reflector as large as 30 football pitches, boosting the global hunt for extraterrestrial life.
Monsoon delay? Claiming compensation from an airline isn't easy.
Arpi deserves to be complimented for the commitment and hard work that have gone into this production. The frustrations of seeking reliable documentation from the catacombs of the Indian bureaucracy did not deter him from going after the best information available, and the result is one that he can take much satisfaction in. Ambassador Prabhat P Shukla, Member Advisory Council, Vivekananda International Foundation, reviews Claude Arpi's The End of an Era: India Exits Tibet.
Making a weak opening, shares of FTIL further tanked 45 per cent to Rs 105.5 -- its fresh 52-week low on the BSE.
Border incursion, the finalisation of the Border Defence Coordination Agreement (BDCA), a new mechanism suggested by China last year for improving security at the borders, pending the final settlement of the territorial dispute, top Antony's agenda for talks.
'The Kashmir issue has become internationalised after nearly half a century.' 'India, not Pakistan, has done so pro-actively,' says Shekhar Gupta.
General Bajwa gets inputs from his senior officers, but he has the final word, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
The service conditions and judges' remuneration are not alluring .
Finance firms in these SEZs likely to get tax breaks.
