A parliamentary panel on Friday opposed the new bank licences to corporate houses and voiced concerns over the discretionary power vested with RBI for applying 'fit and proper' criteria for deciding on applications.
Govt to issue ownership rights of 15 coal mines on Mar 23.
Virat Kohli and his predecessor Mahendra Singh Dhoni's demand for a pay hike for the team was on Thursday accepted by the Committee of Administrators, which also took their inputs on the issue of cramped scheduling.
The Aam Aadmi Party has demanded the dismissal of Telecom Minister Ravi Shankar Prasad alleging a conflict of interest that has prevented him from issuing a notice to Mukesh Ambani's Reliance Jio on the 4G issue, a charge vehemently denied by Prasad who said he never gave advice or appeared for the company.
'Delhi is regretting its decision of electing Arvind Kejriwal.'
There appears to be a growing perception among the political class that faster growth will not create jobs fast enough and, therefore, welfare spending needs to be drastically increased, says T T Ram Mohan.
'You hold the meeting. Act on the Lodha committee's recommendations as to which will be implemented and which will not be implemented. You send only your office bearers. Do not send N Srinivasan and Niranjan Shah. We do not want to make it adverserial," it said, adding, "we do not want the meeting to be stalled'
Describing his maiden experience of overseeing the organisation of a Test match as an "interesting experience", high court-appointed observer Justice Mukul Mudgal said it feels like a 'daughter's marriage'.
The bench listed the matter for final disposal on January 18 and said since it will hear the matter in detail, no interim orders will be passed on various interim applications as of now.
The Supreme Court-appointed Committee of Administrator chief Vinod Rai was non-committal on being asked whether the COA will ask Team India to participate or allow them to boycott the ICC Champions Trophy, starting in the United Kingdom, on June 1.
'The EC is a sacred institution.' 'In the last few years, more than once, we have found the EC bending over backwards to accommodate the government.'
The Supreme Court imposed a green tax on trucks destined for other states but wanting to take a shorter route through Delhi.
Cognizant's consulting practice today has 5,500 consultants, perhaps one of the highest numbers when compared to Indian IT players.
Poor land-use planning, indiscriminate approvals of building plans and the absence of disaster-risk assessment in urban design have resulted in what experts term concentrated concretization, predisposing cities to disaster risks
A marathon session of over a dozen hearings on implementation of Justice Rajendra Mal Lodha panel recommendations on structural reforms in the Board of Control for Cricket in India came to an end on Wednesday in the Supreme Court, which took the Indian cricket board to task over issues like fund utilisation and avoiding of performance audits.
The shocking death of 53 infants in the last 11 days at Sishu Bhavan in Cuttack have raised questions about poor infrastructure and shortage of doctors in major hospitals in Odisha.
Before undertaking such difficult projects as a 378-km railway line to Tawang, the government must seriously examine whether having quality roads is a better option.
Political funding of elections has led to the rise in black money in the economy.
Just before the elections, the government waived interest on loans up to Rs 300,000 for farmers. But this may not really help small and marginal farmers in the state, who make up for two-thirds of the total and are still dependent on informal channels of credit.
In the 38-page report, across 10 chapters, RIL explained how it entered the exploration and production business; the history of the New Exploration and Licensing Policy and the introduction of production-sharing contracts.
Stressing on the 'Make in India' initiative, a Ministry of Defence appointed committee has recommended enhanced private sector involvement by granting manufacturers tax and import concessions.
The Congress president said that if he was allowed to speak for 15 minutes on a host of issues, including the Nirav Modi scam, PM Modi would "run away".
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The Mahatma's descendants differ over Modi and the BJP victory... US-based Coalition Against Genocide vows to oppose Modi... Only Hindu US Congresswoman congratulates Modi... George Joseph/Rediff.com reports from New York.
The tough question before the DMK and its leader MK Stalin now is, what should their response be if sounded out for an alliance by the BJP for or after the next parliamentary polls, says N Sathiya Moorthy.
Kolkata's creme de la creme turned up at the launch of Bandhan, The Making of a Bank, but the evening nevertheless had an informal touch typical of the young bank with CMD Chandra Shekhar Ghosh personally welcoming the dignitaries, reports Indrani Roy/Rediff.com.
BJP president Amit Shah said on Wednesday as he attacked former PM Manmohan Singh over a string of scams that took place under his watch.
Investor lobbies and tax lawyers estimate the bill for international funds and banks could be as high as $8 billion
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
After building a subscriber base of nearly 50 million in about eight chequered years, it finally gave up as it saw itself up against a 600-pound gorilla that breezed through double that many subscribers in a fraction of that time, says N Sundaresha Subramanian.
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The Management Committee headed by Director General of Hydrocarbons R N Choubey refused to take a view on appointment of renowned reservoir consultants Ryder Scott, DeGolyer and MacNaughton, Gaffney, Cline & Associates or Netherland, Sewell & Associates to ascertain if RIL's claims of fall in reserves are actually true or the firm was hoarding gas by producing less, official sources said.
The government should give the first right of refusal in the ensuing coal mine auction to the companies which lost the blocks in the mass cancellation by the Supreme Court on Wednesday, former Coal Secretary PC Parakh said.
'What was predictable, but entirely missed by Modi's strident critics, is that the excessive and intemperate demonisation of Modi allowed him to assume his own metaphor -- the underdog, the martyr, the marginalised,' says Dr Aseem Shukla.
Public Money, Private Agenda -- The Use and Abuse of MPLADS by A Surya Prakash provides a comprehensive look at the Members of Parliament Local Area Development Scheme, which was launched 20 years ago in 1993. Excerpts from the book.
PSUs will get direct allotment.
Mr Modi can create a small temporary team in the PMO whose only job would be to listen to businessmen's mann ki baat referring to global best practices.
What should concern the Indian citizen is not the fact that the world's biggest assault rifle purchase was scrapped. What should is the fact that the tender was for a type of rifle that has never been produced, says Nitin Pai.
'We have to go through the process of obtaining informed consent.'
The Bharatiya Janata Party's prime ministerial candidate Narendra Modi on Friday attacked External Affairs Minister Salman Khurshid for his criticism of the Election Commission and the Supreme Court, accusing him of denigrating the country's two most respected institutions on the foreign soil.
'Do you know there is a 500 page report prepared by an inquiry committee headed by myself? When I placed the report in Parliament, have you heard any single Opposition leader give a notice for discussion? Why are they not demanding a discussion in Parliament on the report? They could have established that there was a scam. Today, a Parliament Committee report is as good as a Parliament report and this report says the 2G scam is no scam. Our government is suffering because of the media hype on these scams,' Congress MP P C Chacko tells Rediff.com's Shobha Warrier.
Corporate Affairs Minister Sachin Pilot intoned, "Recent incidents will certainly dampen business confidence and investment sentiment, both domestic and foreign; and perhaps also negatively affect decision making by bureaucrats and policy makers."
