The West Bengal government has challenged the provision which said that without Aadhaar, the benefits of social welfare schemes would not be extended.
The apex court also postponed the date of hearing to July 19, 2011, from the previously scheduled hearing on February 5.
Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.
Intercontinental Exchange, which trades in energy derivatives, is in talks to buy ICICI Bank's holding in the National Commodities and Derivative Exchange.
Through NHB, the government has made available additional funds to the tune of Rs 60 billion to the housing finance sector. The bank is clearing oversees borrowing applications from housing finance firms to boost their funding requirements. NHB chairman and managing director S Sridhar shares his views on the current scenario.
The 21st meeting of FSDC comes against the backdrop of the economy hitting a six-year low growth rate of 5 per cent in the first quarter of 2019-20. Even some of the macroeconomic data for the second quarter does not portray an encouraging picture of the economy.
With states in north India imposing stricter measures to curb intra-state movement after April 20, makers of summer products such as air conditioners, refrigerators, colas, and ice creams are estimating a 25-60 per cent drop in yearly sales.
A poster boy of Congress in Mizoram, four-time Chief Minister Lal Thanhawla is a stalwart in the state politics and has been in and out of power for the past three decades.
Plans to build resorts, a five-star hotel, international bus terminal and an airport.
The amendment says that UIDAI can now give directions as it may consider necessary to any entity in the Aadhaar ecosystem
Besides, auditors are required to mention in their reports whether the companies have made adequate disclosures about dealings in junked notes during demonetisation
As the government submitted a list of 627 foreign account holders to the Supreme Court on Wednesday, the spotlight is on family of former Maharashtra chief minister, former minister in the UPA government, a Mumbai-based corporate among others. Vrishti Beniwal reports
His colleague and Law & IT Minister Ravi Shankar Prasad said the court has held that the purpose of issuing Aadhaar to all Indian citizens is legitimate and no surveillance is possible.
At present 100% FDI is allowed, of which up to 49% investment in a company can be done through the automatic route
The apex court also put forth questions why loans were given to Mallya when he was a defaulter.
Vinod Rai, former Comptroller and Auditor General of India, former India women's captain Diana Edulji and banker Vikram Limaye were present at the meeting held at the IDFC Bank's premises in suburban Bandra-Kurla Complex.
A senior RBI official said the regulator was focusing on performance of banks' statewise and in each district.
Rajiv Kumar will continue as vice-chairman of the body, along with other full-time members V K Saraswat, Ramesh Chand and V K Paul.
Officials said Sebi first proposed to the FinMin to amend the relevant provisions in the Sebi Act to discontinue RBI's representation on its board, as it already has adequate presence of government nominees and in its over 25 years of existence the regulator has evolved as an "effective and one of the best in the world".
He said the plea pertained to his liberty, which was 'illegally curtailed'.
In a major setback to the Sahara Group, the Supreme Court on Friday directed two of its companies to refund around Rs 17,400 crore to their investors within three months with 15 per cent interest.
The Supreme Court on Friday dubbed as a "serious issue" the long queues outside banks and post offices and expressed its reservation on the Centre's plea seeking a direction that no other court in the country should entertain petitions challenging the November 8 notification demonetising Rs 1,000 and Rs 500 currency notes.
The apex court also asked Sahara Group to provide it within two weeks the list of 'unencumbered properties' which can be put on public auction.
In its morning update, the Union health ministry said the total number of positive cases has reached 2,16,919 with a record spike of 9,304 new cases since Wednesday 8 am across the country, while the death toll has increased to 6,075 with 260 more fatalities in this period. A PTI tally of figures announced by different states and union territories, as of 9.50 pm, showed a higher number of confirmed cases across the country at 2,17,389 and the death toll at 6,233.
The cap of Rs 10,000 on daily withdrawal has also been removed.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
Apex traders' body Federation of Indian Exporters Organisation (FIEO) on Friday demanded extension of the interest subsidy scheme to all sectors with a view to make them globally competitive.
The CBI filed the appeal against the May 31, 2005 decision of the high court by which all accused, including Europe-based industrialists Hinduja brothers, were discharged from the Rs 64-crore pay-off case.
President Ram Nath Kovind on Friday strongly defended the three new agri laws saying their benefits have begun reaching 10 crore small farmers instantly, and condemned as 'very unfortunate' the Republic Day violence and 'dishonour' to the tricolour during the tractor parade by the protesting farm unions in New Delhi.
Liquor baron Vijay Mallya, facing probe in a loan default case of IDBI bank, apparently managed to leave the country in spite of a look-out notice against him by CBI.
The apex business chambers said the RBI had a great opportunity to take steps for a lower interest regime, in the face of its own assessment of inflation going down by three per cent by March.
In a major ruling, the Supreme Court has held that the RBI cannot grant banking licence to cooperative societies registered under Multi-State Act without the NABARD declaring it as a state, central or primary cooperative bank.
The court said that it has perused the entire petition and does not wish to agree with it.
'It has also saved the government about $ 9 billion in fraud and wastage because by having that unique number you eliminate fakes and duplicates from your beneficiary and employee list,' Nilekani said at an event on the sidelines of the annual meeting of the International Monetary Fund and the World Bank.
Long-term funding was a requirement for infrastructure projects, and asset-liability mismatch in the banking system, impacts the access to finance for infrastructure projects. One of the key challenges would, however, be to get private sector back into investing.
"Was the government sleeping all these years on the issue of blackmoney," the Supreme Court on Thursday said while criticising Centre's probe restricting to an individual and being evasive about the idea of an investigation by the Special Investigating Team.
Reeling under severe credit crunch, the Indian industry on Friday welcomed the decision of Reserve Bank of India to cut CRR rate by another 100 basis points but said the government and the central bank need to take more steps such as slashing interest rates to restore market confidence.
The total number of returns filed as on August 5 stands at over 2.82 crore as against over 2.26 crore filed during the corresponding period of 2016-17
The question may sound irrelevant, but several public sector banks seem to have a different view.
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