Unlike the regimes of Jayalalitha, Palaniswami and Karunanidhi, ministers are actually getting to make decisions on their own, with the unmentioned rider that they would be held responsible and accountable, observes N Sathiya Moorthy.
Finance Minister Pranab Mukherjee will soon give the green signal to the payment of 9.5 per cent interest rate on provident fund deposits during 2010-11, a senior government official said on Tuesday.
Ussue will be raised at the meeting of the Central Board of Trustees of the Employees Provident Fund Organisation on Tuesday.
"The huge foreign currency recovered during raids from the Gyuto Monastery, the transit home of the Karmapa, are donations and offerings from devotees and the Karmapa has no links with it as the affairs of the trust are managed by trustees," Chief Secretary Rajwant Sandhu told media persons in Shimla.
At least 30 people have lost their vision after they underwent cataract surgeries conducted by a charitable trust-run hospital at Mandla in Madhya Pradesh.
NCLT in its judgement said: "The removal of Cyrus Mistry as executive chairperson was because the board lost confidence and not because they were contemplating that he would cause discomfort to Ratan Tata, N Soonawala and others.' "The Board is competent to remove an executive chairman. Mr Mistry's removal from the position of director came because he admittedly sent out company information to the I-T (department), press, and came out in public against the board and the trust."
Some of the rare personal belongings of Mahatma Gandhi, including spectacles and sandals, exhibited at Kasturba Dham near Rajkot have gone missing, the memorial's manager has claimed.
The Centre on Saturday issued fresh guidelines relaxing the nationwide lockdown, the fourth phase of which ends on May 31.
The rumour is that he has in his possession a will that names him as the person who will have absolute control over the trust.
Thanks to Nagpal's effort to point out the calculation errors, EPFO managed to spot some additional resources to increase the interest rate.
Often criticised for offering less attractive interest rates than banks for most of the last five years, retirement fund manager EPFO hiked the annual rate of returns on employee provident funds to 9.5 per cent in 2010 and this time around, the banks were left behind.
Retirement fund body EPFO on Wednesday said its corpus of about Rs 3.5 lakh crore will now be managed only by one of the existing fund manger, SBI, for a three month period ending June 30 as an interim arrangement.
The judges said both the matters were similar involving entry of women in the religious shrines, and hence they would like to see what view would Supreme Court take on the issue before they give a ruling on the interim relief sought by the petitioner in the Bombay high court.
The order said the NGO has transferred an amount of Rs 2.46 lakh from its foreign contribution designated account to Sabrang Trust domestic account, thus mixing of domestic and foreign funds and violating the rules.
The finance ministry wants the Employees' Provident Fund Organisation to bypass the central board of trustees when deciding how to invest a portion of the Rs 5-lakh crore (Rs 5 trillion) provident fund corpus in the capital market.
Gujarat police opposed in the Supreme Court the anticipatory bail plea of Teesta Setalvad.
The idea behind Bharatiya Yuva Shakti Trust (BYST) is to support 'disadvantaged, young micro-entrepreneurs from the underprivileged background, with mentors, training, networking, marketing and loans'.
A six-time member of Parliament, Kumar had climbed the political ladder steadily from being an Rashtriya Swayamsevak Sangh worker to be the Union minister in his thirties.
With Rs 5.5 crores and counting, Mumbai's favourite Lord Ganesha, Lalbaugcha Raja, has turned richer this year.
The Karnataka High Court has refused to grant a stay on an appeal against City Civil Court's order of April 8 directing the trustees and Britannia Industries to pay the outstanding pension dues as per fund rules to the petitioners within the next two months.
Sebi on Monday asked mutual funds to give investors an exit option when they change the mode of computation of total expenses charged from unit holders, as mandated by new guidelines issued by the market regulator.
Student organisations of three political parties on Saturday held a demonstration in the office of the Deputy Director of Education, Pune, Suman Shinde to demand action against the Shamrao Kalmadi College for allegedly extorting money for admission.
Till he took over, political parties ferrying people to the polling stations was considered quite 'normal', and it was during Seshan's stint that it became impossible with the model code being made sacrosanct.
The Trust has been running a vocational training centre on state land allegedly without proper authorisation.
In a brief letter to his colleagues and shareholders, Dimon disclosed that the cancer was detected quickly and is confined to the original site and adjacent lymph nodes on the right side of his neck with no evidence of cancer elsewhere in his body.
The EPFO on Friday deferred a decision on interest rate on provident fund deposits for 2010-11 following pressure from trade unions that want rates to be raised to 9.5-10.5 per cent from 8.5 per cent.
The Goa home ministry has said that Malgonda Patil, prime accused in the Margao blast, was also a managing trustee of two more Hindu organisations besides his association with the right wing outfit Sanatan Sanstha.
On Monday, media giant Thomson Reuters said 'it has appointed Pascal Lamy, director general of the World Trade Organization, to join its board of directors.' Lamy, who has started his second term at WTO that will last till 2013, will act as a trustee of the Thomson Reuters Trust Principles, which govern the way the company carries out business in an ethical manner.
The apex court had made it clear that it would not go by "sentiments".
Joshi is being recognised for 'his vision and leadership in bringing professionalism to the NGO movement in India, by effectively combining 'head' and 'heart' in the transformative development of rural communities', the Board of Trustees of the Ramon Magsaysay Award Foundation said in a press statement from its headquarters in Manila.
The Primary Market Advisory Committee of Sebi has suggested some changes and the market regulator had sought public comments on the recommendations.
EPFO had started investing ETFs in August last year.
Price has been fixed at Rs 85.3cr
The actor was honoured with a lifetime achievement award by the Mumbai Academy of Moving Images on the grand finale.
Amartya Sen was the other Presidency alumni to win the Economics Nobel. Banerjee won the 2019 Nobel Economics Prize along with two others - his wife Esther Duflo and Michael Kremer on Monday "for their experimental approach to alleviating global poverty."
Sanatan's managing trustee Virendra Marathe in a notice titled "There is no place for such people in Sanatan" published in its mouthpiece Sanatan Prabhat has said that "seeker having any type of anti-social attitude should not stay with Sanatan." Also, they should not have any association with sanatan, he added.
Shekar Narasimhan, a former trustee himself of the Sri Siva Vishnu Temple in Lanham, Maryland, which will celebrate its 25th anniversary later this year, told rediff.com that after discussions the Temple chairman, president and other trustees assured that they will do whatever to 'support this historic Diwali ceremony'.
Experts view this as a case of "failed experiment" in succession
On August 26, the Bombay HC had lifted the ban imposed on women from entering the inner sanctum of Mumbai's Haji Ali Dargah.
'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.
