The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.
Producers and consumers showed a rare harmony when they at the end of two-day International Energy Forum in Cancun made stability in oil prices their common goal.
Delivering a thinly veiled message to Pakistan from its soil, External Affairs Minister S Jaishankar on Wednesday said activities across borders characterised by the 'three evils' of terrorism, extremism and separatism are unlikely to encourage trade, energy flows and connectivity.
Anti-corruption watchdog Transparency International has said that the ICC must tackle corruption both on and off the pitch that challenge the integrity of cricket by strengthening its own governance and by using its influence to promote high standards in national Boards.
The proposed bullion bank can help settle gold loan accounts in gold terms, and promote existing gold schemes, along with launching schemes including gold-recurring deposits.
We have been fine-tuning and improving the Defence procurement Procedure based on periodical reviews," he said while inaugurating the 5th International Land and Naval Systems Exhibition in New Delhi. "The current procurement procedure is also under review to make it more transparent and user-friendly," Antony said.
'We take allegations of bias incredibly seriously, and want to make it clear that we denounce hate and bigotry in any form'
The Indian budgetary system has become more transparent over the years, with the government providing significant information on the Budget, a survey has said.
The West Indies Players' Association (WIPA) has accused the West Indies Cricket Board of failing to be transparent with the selection of teams for the opening matches of Pakistan's tour of the Caribbean.
While Indian firms performed the best in fighting corruption, Transparency International has slammed Chinese companies for their opaque business practices.
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
Two months after a junior doctor was brutally raped and killed, the doctors' protest in Kolkata rages on.
The Insurance Regulatory and Development Authority of India (IRDAI) has asked life insurance companies not to advertise unit-linked plans as investment products in a recent circular.
'We found certain banks having lakhs of such accounts with apparently no valid reason.'
The tribal communities, asserting their rights under the Forest Rights Act, are now planning to gather in Delhi to demand "justice" for their livelihoods and traditions that are closely linked to the forests.
Former Cricket Association of Bengal (CAB) treasurer Biswarup Dey has launched a fresh tirade against the Sourav Ganguly-led Cricket Association of Bengal alleging discrepancy in ticket distribution for the India-England ODI on January 22.
Transparency International surveyed over 114,000 in 107 countries to check the prevalence of corruption in each of these nations and the results were startling.
'Banks may find small ticket size lending economically unviable due to the cost of branch operations.'
Transparency International's Corruption Perceptions Index measures the perceived levels of public sector corruption in countries across the world.
The Transparency International survey found 69 per cent in India as saying they had to pay a bribe, followed by 65 per cent in Vietnam. China was much lower at 26 per cent while the same for Pakistan was 40 per cent.
India is pushing for greater disclosures by credit card companies, fintech firms, and payment aggregators (PAs) at the Financial Action Task Force (FATF), so that the sender and recipient in a cross-border financial transaction can be easily identified and the information shared with law enforcement agencies. Separately, the inter-governmental group, which sets standards to curb money laundering, will release the fourth round of its mutual evaluation report on India on September 19. FATF in June had adopted the mutual evaluation report on India and placed the country in the "regular follow-up" category - the highest rating given by the global watchdog and a distinction shared by only four other G20 countries.
'There is some deep rot that has set in the Congress party. This requires an organisational surgery.'
A task force set up by the Ministry of Electronics and Information Technology (Meity) for transforming India into an "electronic and semiconductor products" nation is on the verge of finalising its report, which is likely to recommend an allocation of Rs 44,000 crore between 2024 and 2030 to support homegrown companies in their quest to develop products and build global brands. The task force's recommendations include significant incentives: Rs 15,000 crore dedicated to electronic products (systems), Rs 11,000 crore for semiconductor products, and Rs 18,000 crore for various other incentives such as talent development, common infrastructure, logistics, and technology & IP (intellectual property) acquisition, a member of the panel revealed.
In an interview with Rediff.com, Transparency International explains how the organisation collates its information, assigns ranks to various nations and tries to battle global corruption.
A whopping $700 million (about Rs 3,700 crore) is paid annually as bribe in India for land administration services, a joint study by United Nation's body FAO and Transparency International has observed.
The government is formulating guidelines on the use of ethylene oxide (ETO) in samples of spices for the domestic market and exports, people aware of the matter said, as it plans to step up efforts to make quality checks more stringent. ETO, a flammable, colourless gas, is typically used as a disinfectant. It is also used as a sterilising agent and an insecticide to reduce microbial contamination in spices. However, its use is considered carcinogenic, beyond permissible limits.
India's 10-year bilateral contract with Iran for the operation of Chabahar Port is likely to bring in an investment of approximately $370 million. This comprises a direct investment of $120 million from India for infrastructure development and a $250 million line of credit to Iran, Business Standard has learnt. With the $120 million committed for port development, India is set to procure advanced equipment, such as rail-mounted quay cranes, rubber-tyred gantry cranes (also known as transtainers), reach stackers, and forklifts.
'Are we to believe that coordinated moves by the Canadian and US authorities are no longer taking place?', asks Ambassador M K Bhadrakumar.
Should not entertain him, must be removed: Bhaichung Bhutia criticises AIFF president Kalyan Chaubey for corruption, mismanagement
Prime Minister Narendra Modi on Monday said India has made its policies transparent and predictable and clearly defined the procedures for businesses.
Security agencies at Mumbai's Nhava Sheva port intercepted and seized the consignment of a Karachi-bound ship from China after it was found carrying a dual-use consignment with implications for Pakistan's nuclear and ballistic missile programmes.
'Will President Dissanayake calibrate his foreign policy taking into account India's immediate security concerns? We need to watch.'
The Reserve Bank of India (RBI) has recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation (SRO) in the fintech sector, the central bank announced on Wednesday. The banking regulator received three applications for fintech SRO. Of the remaining two applications, one has been returned by the RBI with a provision for resubmission after meeting specific requirements, while the third application is still under examination, said Governor Shaktikanta Das at the Global Fintech Fest in Mumbai.
The index uses a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean.
'...We should first look at and acknowledge what we have done to ourselves.' 'To not do so opens us to the accusation of rank hypocrisy and also reduces the stature of our globetrotting peaceniks,' asserts Aakar Patel.
US Special Representative for Pakistan and Afghanistan Richard Holbrooke has promised "accountability" and "transparency" in America's civilian aid to Pakistan, a fortnight after a top Senator had expressed serious concern that the funds might end up in bank accounts of corrupt politicians and officials of the country.
'The biggest impact will be on coal and hence on power cost. Then comes iron ore, coking coal, bauxite.'
'A rigid or overly broad interpretation could lead to a chilling effect on investments and growth in sectors traditionally driven by private initiative.' 'Entrepreneurs may fear that their assets could be arbitrarily appropriated by the State under the guise of serving the 'common good' without sufficient legal safeguards.' 'The judgment thus supports a more nuanced view, one that balances individual property rights with public welfare objectives.'
Since it was formed 58 years ago, Haryana has had Jat chief ministers for 33 of those.
'In the end, officials in India will be thrown to the wolves, quietly released a couple of years down the road and we'll never hear about them again.'
