This is the fifth straight cut in rates by the Reserve Bank of India in as much policy reviews in 2019, and takes the total quantum of reductions to 1.35 per cent.
The Primary Market Advisory Committee of Sebi has suggested some changes and the market regulator had sought public comments on the recommendations.
RBI has already come out with a discussion paper on banking sector in India, on which the regulator has invited comments from stakeholders.
The change in policy for the three companies, from listing to merger, shows the level of discomfort within the government about their ability to take on the expanded load for insurance coverage with their current financial strength, including the massive premium and claim settlement cover under the proposed universal health coverage plan announced in Budget 2018.
A bench headed by Justice Arun Mishra said Bharat Stage-IV vehicles sold after March 31 this year and those whose details have not been uploaded on the e-Vahan portal of the government will not be registered.
The markets regulator made it easier for banks to acquire control in listed companies.
All the fixes require either the enactment of a data-protection law, or the amendment of our existing competition law. This can take many years. However, there is an opportunity for the government to act immediately if it wishes to, says Sunil Abraham.
For the second year in a row, India has been recognised as the fifth-best performing nation in reforming the business environment. However, in the two categories that the government was banking on most - "Paying Taxes" and "Resolving Insolvency" - landmark reforms that were expected to yield better results have had the opposite effect. Under the circumstances should the country celebrate already or are there any reasons for worry, wonders Subhayan Chakraborty.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
A lot has been written about the impact of the recommendations.
The central government has drafted a law to restrict wombs for hire, and there is much to be said on all sides.
A fascinating glimpse from Somak Ghoshal's 10 Indian Heroes Who Help People Live With Dignity.
Infosys, in April, had said that it will pay up to Rs 13,000 crore to shareholders during the current financial year through dividend and/or share buyback.
As Covid-19 cases surge in India, companies have realised it's a tightrope walk between maintaining production and ensuring employee safety.
The move, if brought into effect, will substantially reduce the burden on the judicial system, while opening a window of opportunity for expediting court cases.
The Board of Control for Cricket in India on Wednesday said it acted as per its rules and regulations while suspending the Rajasthan Cricket Association just after former Indian Premier League commissioner Lalit Modi was declared elected president of the state cricket body.
'There is nothing more this government can do now to break our agitation.' 'It has used all the tactics and has failed'
'The inability to have children with the person you love is a foundational shock of being gay,' says Vikram Johri. 'Karan Johar's becoming a parent through surrogacy focuses attention on exactly the demographic that India's divisive Surrogacy Regulation Bill targets.'
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).
The move that comes in the backdrop of the massive controversy over alleged anti-India protests in the JNU.
Banking is a boring business but still the banker should enjoy it as fancy awards and cozy relationships with politicians, Bollywood stars and corporate honchos cannot save them if the job is not done properly. In the concluding part of the series Tamal Bandyopadhyay wonders how long Kochhar would need to wait for her redemption or downfall and atonement.
ICICI Bank will offer shares to Japanese investors without getting listed in Japan as a part of its upcoming Rs 2,300-cror
It has been said that by 2025, India could become among the top five economies in the world. If India does become a $5 trillion economy but gets all its rivers polluted, food chain poisoned and genetic pool depleted and biometric database of Indians sold or stolen at the behest of commercial czars, will it not be a pyrrhic economic victory, asks Gopal Krishna.
'These provisions may even be seen to be a threat to burgeoning businesses, since they would view every announcement of a rate cut as a starter's pistol that triggers a long race to adjust prices and to justify the adjustment,' argue Rashmi Deshpande and Anjali Krishnan.
A day after Prime Minister Narendra Modi's recent address to a joint session of Congress, top Republican senator John McCain had moved an amendment to the National Defence Authorisation Act which if passed would have recognised India as a global strategic and defence partner.
RBI, Sebi had imposed certain restrictions on futures markets by way of raising margins.
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
The proposals have been made after extensive consultations with top officials from Sebi, finance ministry, RBI, IRDA and large market intermediaries
He had come in search of jobs in America to rescue his presidency and India failed him in more ways than one, observes Ambassador T P Sreenivasan.
Telcos say tests were done in the known problematic areas of Delhi-NCR, where operators face issues in obtaining cell sites.
Prime Minister Narendra Modi also thanked Brazilian President Michel Temer for "understanding India's aspiration" for membership of the Nuclear Suppliers Group.
'We are doing away with human interface in metering, billing, and collection.' 'That in itself will bring down losses by 50 to 60 per cent.'
The Bombay Stock Exchange on Wednesday put in place a graded penalty mechanism, with fines starting from Rs 10,000 for brokers who fail to make timely submission of risk-based supervision data and prolonged non-compliance leading to disablement of trading terminals.
FIFA says a player who assumes a new nationality without a clear connection to that country will not be eligible to play for the national team.
The present legislative framework on betting and gambling in India is sketchy, at best.
Telcos propose licence regime for apps like WhatsApp, Skype.
Lack of corporate governance is a long-term health hazard for the corporate world and adoption of ethical standards along with governance could reflect in the bottomlines of companies, according to the Securities and Exchange Board of India.
