India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
Sebi's move will help curb the illicit practice of keeping the parent company's account clean while maintaining debt in its subsidiaries.
These changes will entail a relook at the various laws governing banks in the country - the two Bank Nationalisation Acts (passed in 1970 and 1980); the State Bank of India (SBI) Act of 1955; and the Companies Act of 2013.
Her appointment as World Health Organisation's deputy director offers an opportunity to push for improving the medical research environment in India.
A year ago, India's #MeToo movement witnessed women across India speak up against sexual harassment. Nikita Puri assesses what, if anything, has changed.
'We are not interested in forfeiting the tie. We look forward to working with the ITF to find a solution that guarantees the safety of all the players'
If indeed we want the board to manage the RBI, probably the government should take a close look at the US Federal Reserve system which has a two-part structure - a central authority in Washington, DC, and a decentralised network of 12 Federal Reserve Banks located throughout the country, says Tamal Bandyopadhyay.
Experts trace the reasons for the 26/11 attacks to the Pakistan's military interest in three key areas: Kashmir, Afghanistan and nuclear armaments.
The ban results from a penalty Lamptey awarded to South Africa in a 2-1 win over Senegal in a 2018 World Cup qualifier in November.
'This allows opportunities for (Chinese) entry into the domestic politics of Nepal, something that is also encouraged by Nepali politicians's willingness to play the China card (vis-a-vis India).'
Whilst substantive public allocations have been made in the infrastructure sector, this strategy is plateauing due to the fiscal deficit constraint, capacity limitation of statal implementing agencies, the declining ability of PSUs, and the precarious situation of the Railways' operating ratio. It is, thus, high time to get the policy compass to point at rejuvenating private sector investments in infrastructure, says Vinayak Chatterjee.
This measure has been envisaged by the government against the backdrop of instances where certain social networking sites showed Jammu and Kashmir and Arunachal Pradesh as part of Pakistan and China respectively.
The main reason was that CPI inflation would likely remain below 4 per cent till July.
'Everywhere our younger computer professionals are in the forefront, defending our national interest in every forum and keeping our flag flying high.'
No mention of cab aggregators in GST bills
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.
Operations at 26 mines are set to commence again within a couple of months.
The Covid pandemic has left a question mark on how the central government manages its staff.
Journalists will be exempted from seeking consent of individuals before collecting and reviewing their personal data to be used in news reports.
'Visiting my friend in his affluent locality, I realised that the Delhi weather had become the great equaliser.' 'Pollution was always in the air, everywhere, and had become the primary subject of all conversations,' notes Ambassador B S Prakash.
Also the companies should be self-sufficient in product designing and have maintenance and life cycle support facilities.
What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?
All of V R College's 1,007 students secured a first class in the Class 12 exam! 222 of them got identical marks!
'Although India has a lot more to offer in terms of tourism other than the Taj, yet there is nothing compared to the Taj Mahal.'
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
Following the Supreme Court verdict which clipped the powers of the LG, the bone of contention between the Delhi government and his office continues to be control over the services department.
'While they were respectful of the PM, it was clear that as ministers, they owed their positions as much, if not more, to Mrs Gandhi.' 'When attacks were mounted on the PM, there was very little coordinated effort by the Congress, UPA ministers or other politicians to speak up in his favour and strongly defend him.' B K Chaturvedi, Cabinet Secretary during the early years of UPA1, reveals how the Manmohan Singh-Sonia Gandhi equation worked. A riveting excerpt from Chaturvedi's memoir, Challenges Of Governance: An Insider's View
Why is the Indian cricket team still using the Board of Control for Cricket in India (BCCI) logo which resembles 'Star of India' honour given by the British to their favourite princes in colonial times?
'With the top court's judgment declaring the Right to Privacy a Fundamental Right, the powers under the provision need to be looked afresh.' 'To utilise such sweeping powers in the right manner will also be a challenge.'
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
The virus had broken out in the lead-up to the opening ceremony in Pyeongchang last Friday and led to some 1,200 security staff being quarantined. Organisers had to call in military personnel to replace them.
Given India's political scenario, where parties seek votes on the basis of caste and religion, the issue of using mother tongue in schools is more of a political vendetta, says Devanik Saha
RBI has already come out with a discussion paper on banking sector in India, on which the regulator has invited comments from stakeholders.
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
The AAP has announced that it will hold a parallel hackathon of its own.
'The CBI and its independence was discussed in great detail. We invited and sought the views of the CBI director as well as several government officials. But the ingenious solution to the problem came from within the committee. The effort was to somehow find a solution. It would not have been possible to draft this Bill if members had not been liberal in their views and if they had not been prepared to rid themselves of their political bias.' Congress MP Satyavrat Chaturvedi, who headed the Parliamentary committee which proposed the recommendations for the Lokpal Bill, speaks to Anita Katyal in an exclusive interview.
As corporate India prepares to put its house in order, the transition raises concerns
Dave complained of uneasiness at his home on Thursday morning and was rushed to AIIMS.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
The government package for public sector banks, announced last Friday, has been welcomed by the stock market with the PSU banking index booking smart gains.
