The financial crisis has challenged the intellectual assumptions on which previous regulatory approaches were largely built, and in particular the theory of rational and self-correcting markets.
The finance ministry is working on a Cabinet note for establishing a full-fledged Public Debt Management Office, officials told Business Standard.
The Enforcement Directorate (ED) on Friday arrested a suspected Delhi-based bookie after launching searches in multiple cities.
The Enforcement Directorate on Thursday filed its first chargesheet in a Delhi court against businessman Gautam Khaitan and others, including two Italian nationals, in connection with its money laundering probe in the Rs 3,600 crore VVIP chopper deal.
It is strange that the wealthy evade taxes even though the marginal utility of the money saved amounts to little and tax rates in countries, including India, have dropped
India has gone through this exercise twice, and here's what happened then.
A bench headed by Chief Justice P Sathasivam said the issues raised in the plea need 'examination' and issued notice to the Centre, RBI, Central Board of Direct Taxes, the Institute of Chartered Accountants of India, PwC and the audit firms sharing its brand name.
In the matter pertaining to acquisition of AgustaWestland helicopters, the undisputed central issue that stands out is corruption, especially bribery, the statement said.
'I would personally like to see Rahul Gandhi continue as party president.' 'I genuinely believe he has far more to offer to the party still, particularly in leading us in these challenging times that we find ourselves in.'
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Sensex, Nifty end the day in red on unfavourable cues from global markets.
The Enforcement Directorate on Friday slapped a money laundering case against former Indian Air Force chief SP Tyagi and 20 others in the Rs 3,600-crore AgustaWestland VVIP chopper deal to probe alleged kickbacks of Rs.360 crore.
The Indian Formula One Grand Prix is expected to return in 2016 as a "fruitful" meeting between F1 boss Bernie Ecclestone and race promoters has prepared the ground for the comeback of the high-profile event.
The Swiss National Bank, the country's central banking authority, has estimated the funds currently held by Indians in Swiss banks at a mere $1.98 billion. Fear of disclosure due to greater scrutiny of this illicit wealth has played the main role in the flight of capital.
The night before Sheena was allegedly killed, 'Indrani Madam instructed me to not send anyone up to her flat.' 'She told me to especially not allow Rahul Mukerjea.'
8,000 asylum-seekers reach Germany in a single day amid deepening refugee crisis
With the spectre of nuclear terrorism growing, the international community is concerned about the security of India's nuclear facilities. The worry has grown since 2010, when radioactive Cobalt-60 surfaced in a New Delhi scrapyard, killing one person and hospitalising eight others.
Indian market probably has more headroom than the US, says Geoff Lewis, senior strategist for Asia, Manulife Asset Management.
The sector hit many roadblocks during 2014, as builders were seen shying away from the projects and investments dried up amid various regulatory, judicial and policy-related bottlenecks.
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.
The Delhi High Court on Thursday sought response of the Centre and the Enforcement Directorate on the bail plea of businessman Gautam Khaitan, arrested last month in a money laundering case related to the Rs 3,600-crore VVIP chopper deal.
Besides being a successful entrepreneur, he is the world's second youngest writer of books on ethical hacking.
The recent study suggested that nearly 35 per cent of the cases were stillborn, 29 per cent were born alive and 36 per cent were born before the period of viability.
'It is certain Jayalalithaa will be in no position to attend to official business.' 'Indeed, doctors would have forbidden anything that would aggravate her condition and lead to complications,' says B S Raghavan, the distinguished civil servant, advising how a Constitutional vacuum can be averted in Tamil Nadu.
You just cannot let an institution go adrift and never reporting to any other institution and never submitting itself to any monitoring review or evaluation with regard to its functioning and particularly with regards to an institution which has dominion over the lives and liberties of citizens. That kind of total abdication of government responsibility with regard to that kind of an institution will be dangerous to democracy itself, to the people, Bahukutumbi Raghavan tells Sheela Bhatt
'When the forensics have collapsed, approver is clearly proved to be a liar from the beginning to the end... Does the prosecution genuinely believe that we ought to remain in judicial custody despite showing that their own story is not being corroborated by evidence, for another 192 witnesses?'
Admittedly, EVMs too have a UID number and any convergence of data can make the secret ballot system a party of history, warns Dr Gopal Krishna in the 5th part of his series against Aadhaar.
In 1954, a bench of eight Supreme Court judges declared that the Constitution-makers did not recognise the Fundamental Right to Privacy. It is hoped that a larger bench as and when constituted will uphold the Right to Privacy as a Fundamental Right overruling the 1954 decision, says the distinguished lawyer, P P Rao.
Mumbai-based oncologist Dr Shona Nag dispels the myths surrounding cancer.
Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.
Isn't National Intelligence Grid and UIDAI engineered by vested interests, asks Gopal Krishna.
Nitin Gokhale, national security expert and founder BharatShakti.in, tells us what the controversy is all about.
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
The fact that the US dollar has become the world's preferred reserve currency is now the core of global financial crisis, says Mohan Guruswamy.
No country has achieved a faster, deeper modern transformation than China, says former ambassador Kishan S Rana.
Indrani's words were quick, her hand gestures quicker. She kept pointing to certain paragraphs in their consent terms.
'Pakistan is convinced that the Modi government has -- given its image and political compulsions -- no choice but to act in the case of another terror attack.'
Rajiv Chandrashekhar, Rajya Sabha MP, explains that the argument that other government servants are eligible for OROP is incorrect and the comparison is laughable.
'They are not affected by ISIS' sentiment of avenging the suffering of the global ummah.' 'They have a huge ummah of their own in India, a huge Muslim population.' 'And because of that, they have to take into consideration the political and social conditions of Muslims in India.' 'They have to express themselves in a more political way and not through terrorism.'
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