'Significant reductions in the compliance obligations mean businesses earlier struggling to comply will now have enough time to prepare and comply within the extended timelines.'
Its governing allies are not happy on the economy and complain of ignored concerns but find themselves unable to be assertive.
Digital campaigns compared to billboards or even print ads not only have the power to reach wider audiences but also reduce the campaign costs. The focus on social media by political parties at election time, therefore, is hardly misplaced.
In all this, the political establishment -- and especially the finance ministry -- appears the weakest link, and worse still, the possible reason for the political backing to Narain and Ramkrishna that emboldened them to defy all the sentinels -- the independent board, the auditors, top management persons like the chief compliance officer, the company secretary, and unbelievably the super-regulator Sebi, observes V Ranganathan.
The Supreme Court on Wednesday allowed banks and financial institutions to provide services related to cryptocurrencies by setting aside the RBI's 2018 circular which had prohibited them. A three-judge bench, headed by Justice R F Nariman, said the Reserve Bank of India circular is liable to be set aside on the ground of "proportionality". "Accordingly, the writ petitions are allowed and the circular dated April 6, 2018 is set aside," said the bench, also comprising justices Aniruddha Bose and V Ramasubramanian.
The government claims the existing safeguards under the law are adequate, lawful, towards a legitimate purpose and provide for a "proportionate interference" in citizens' right to privacy, reports Nitin Sethi.
Facebook CEO Mark Zuckerberg said that it will take years for Facebook to fix the problem.
Three months on, investigations reveal that 80 per cent of the politicians in power and various government departments continue to use e-mail services such as Gmail, Yahoo and Hotmail which are hosted on US-based servers.
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
'China's investment destination image the world over has taken a beating, therefore investors feel India is a safe haven for investments.' 'FDI is at an all-time high in India.' 'Now after such poor ratings, this FDI amount will fall.' 'Therefore, I am saying these things are happening at China's behest.'
The controversial report of the JPC, which gave a clean chit to Prime Minister Manmohan Singh in the 2G spectrum scam saying he was "misled" by the then Telecom Minister A Raja, was on Monday tabled in Lok Sabha amid pandemonium.
Aadhaar now has legal backing but it still faces challenges of privacy and data sharing
If people can lobby me for making changes in policies that goes against the country's interest, I won't keep myself in this position, says the vice chairman of NITI Aayog.
Singh said the nation and the society as a whole are gradually getting conditioned to look at things in the eye instead of getting confused by duplicities.
India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).
King Salman and Narendra Modi will find common ground to intensify cooperation against jihadi terrorism, says Tarun Vijay, MP.
The warning by the anti-trust watchdog has come days ahead of Amazon founder Jeff Bezos' India visit, about which the Seattle-headquartered company has been tight-lipped. Sources in the know indicated that Bezos, coming on a short trip, has sought a meeting with Prime Minister Narendra Modi.
Protesting farmers owing allegiance to different farmers' bodies blocked state and national highways at several places on Saturday, causing inconvenience to commuters.
Another point of contention is the invoice issued by the e-companies.
The entire gamut of China's activities is aimed at keeping India on tenterhooks, cause fatigue to its troops and keeping its security system unstable, so that it cannot play a meaningful role in international geopolitics as an effective partner of the US and Japan, observes Lieutenant General Syed Ata Hasnain (retd).
For FY16, MTNL's standalone net loss was over Rs 2,000 crore.
Responding to another question, Choubey said that the phase-I of clinical trials have revealed excellent safety of the two candidate vaccines indigenously developed by Bharat Biotech in collaboration with Indian Council of Medical Research and Cadila Healthcare Ltd, and now their immunogenicity testing is in progress. Their phase II clinical trials are ongoing.
The Prime Minister's Office has clarified that the total sanctioned strength of the PMO has been around 525 in the period 2011-14. As against this, the actual strength of the PMO in the years 2011, 2012 and 2013 was in the range of 407 to 411. The number has now declined to 385.
'The most valuable personal sensitive information of present and future citizens has been made available to foreign data firms and governments and non-State actors for all time to come,' says Gopal Krishna.
'Unlike the Chinese army that has been largely a peace time force, the Indian Army is a battle hardened force,' explains Colonel Anil A Athale (retd).
Ajit Balakrishnan offers a thinking man's guide to e-commerce controversies.
Aadhaar-related schemes and the Aadhaar Act exist on the assumption that Right to Privacy is not a Fundamental Right.
The apex court also expressed anguish over the Uttar Pradesh government failure to come out with a vision document to preserve and protect the Taj Mahal.
FPIs, which are holding large exposures in Indian debt, could also be expected to book some capital gains as yields slide down
Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
'Opposition to the idea of a state flag has come from the small thinking pseudo-nationalists, who are the ones pushing Hindi-Hindu-Hindustan.' 'Identifying India wrongly as a one language, one religion nation,' says Aakar Patel.
He addressed a seminar on India and Sweden in Stockholm.
Tensions continue to rise at IIT Indore over apology letters and quality of food.
Coal Ministry has slapped showcause notice on North of Arkhapal Srirampur coal block allocated to the project in Odisha.
The government's negotiations with protesting farm unions hit a roadblock on Friday as the farmer leaders stuck to their demands for a complete repeal of three farm laws they find pro-corporate and a legal guarantee for minimum support price (MSP), even as the Centre asked them to reconsider its proposal for putting the Acts on hold for 12-18 months.
'A lack of strategic trust and the 'persistent security dilemma' prevails between India and China,' points out Dr Rup Narayan Das.
Being a start-up backed by marquee funds will no longer be enough to seek a placement slot at the Indian Institutes of Technology.
An audio clip of Chhattisgarh CM's son-in-law, Congress' Ajit Jogi and his son Amit, points at their involvement in "fixing" the by poll to an assembly seat last year.
On day 1, says retrospective taxation should be avoided; Sets up special investigation team to unearth black money.
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
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