Strangely, no consolidated figures on infrastructure investments made on ground are ever disseminated by any official arm of the Government of India.
Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.
Senior Bharatiya Janata Party leader Ram Nath Kovind was appointed as the new governor
Future conflict will involve bypassing of frontiers to strike at critical vulnerabilities directly and in the hinterland at the appropriate time, explains Lieutenant General Anil Chait (retd), who served as chief of the Integrated Defence Staff and Central Army Commander.
'The CBI should be bifurcated and the CBI's charter should be restricted to anti-corruption cases.'
'The investigation of major criminal cases having national and international implications, and national crimes spread over more than one state may be entrusted to a new national crime bureau,' recommends Dr Madhav Godbole, the former home secretary.
Gokarn was the first Indian central banker who regularised warnings to the government, through the monetary policy statement, on the need to reduce fiscal deficit.
Polling in Vellore was scheduled on April 18.
The appointments committee of the Cabinet headed by Prime Minister Narendra Modi cleared Bhalla's appointment as OSD in the ministry with immediate effect.
Around 10 pm, teams of about 15-16 officers entered the compound of the headquarters and history was made.
Your promise to protect bankers for their commercial decisions is a huge confidence booster, but how does one define a commercial decision? Are our investigative agencies well equipped to dissect lending decisions of bankers?
The Union Cabinet on Wednesday approved 'Mission Karmayogi', dubbed as the biggest bureaucratic reform initiative, aimed at capacity building of government employees to make them more "creative, proactive, professional and technology-enabled". The core guiding principles of the competency-driven programme will be to support a transition from "rules based to roles based" HR management to prepare the Indian civil servant for the future, according to a government statement.
It has triggered a cause of concern for India too as many of the 700 odd Indian students studying in universities of Wuhan and Hubei provinces are still stuck up there.
External Affairs Ministry spokesperson Raveesh Kumar said that India's High Commission in New Zealand is in touch with local authorities for more information.
'This updated NPR database along with Aadhaar Number would become the mother database and can be used by various government departments...' the home ministry declared in July 2015. 'UID/Aadhaar has been used as a fish bait to ensnare and entrap present and future generations of citizens,' warns Gopal Krishna.
'Coupled with e-filing procedures it would really enhance the ability of the judiciary to provide speedier justice.'
China's National Health Commission on Thursday said the country reported only four new confirmed COVID-19 cases on Wednesday, taking the total number to 82,862, while no death due to the disease was registered. The virus has claimed 4,633 lives in the country.
Total outflow and inflow of foreign investment in general for 2014-15 fiscal was $6.42 bn and $75.71 bn, respectively
'We have learnt lessons from Mamata Banerjee who overcame the BJP's canard by reciting Chandi Path and playing up her Brahmin origins in her campaign. We need to adopt strategies like asking Muslims to lie low and distributing tickets prudently so that we are not accused of favouring one community.' Radhika Ramaseshan reports.
'Governments, democratically elected governments, are custodians for a short- specified time.' 'Parents don't let baby sitters decide the course of their child's future.'
The CBI action comes after the second in command in the CBI, wrote to Cabinet Secretary alleging that the businessman had paid CBI Director Alok Verma Rs 2 crore to get relief in the case.
After putting up resistance for a long time, Chairman for the National Commission for Scheduled Castes Buta Singh finally recorded his statement before the Central Bureau of Investigation in connection with a bribery case involving his son on Thursday.
A bench comprising CJI and Justice Sanjiv Khanna was hearing a PIL filed by NGO Common Cause challenging the appointment of Rao as interim CBI director.
A three-judge bench presided by Chief Justice Ranjan Gogoi and comprising of Justice Sanjay Kishan Kaul and K M Joseph said that it was not their job to go into the issue of pricing of the fighter planes.
The LG is also believed to have cited that the inquiry into the CNG fitness kit scam set up by the Kejriwal government earlier was set aside by the Centre on the same ground.
The incident occurred in Prasad Nagar area more than two months ago, when the German girl, who works for an NGO in Maharashtra, had come to Delhi.
The panel's meet held on Wednesday remained inconclusive, they said, without giving further details.
Assessment note says panel acts as control commission, especially in fund allocations to states.
Four decades of federal evolution made India more secure, but coronavirus is reversing that. Modi's central government has tasted power again and is unlikely to give it up, notes Shekhar Gupta.
In his massive election rallies, Prime Minister Narendra Modi often caught voters fancy promising that each individual would get Rs 15-20 lakh in his bank account if he came to power.
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
'The autonomy of essential institutions is clearly under question as the Modi government seeks to influence them politically.' 'The credibility of institutions such as the EC, the CBI, the CVC, the UPSC, the RBI, media, and universities, has been compromised,' notes Zoya Hasan, the distinguished political thinker.
As many as 12,394 complaints of alleged corruption were received against railway employees.
Parliamentary Affairs minister says action will be taken on the panel's recommendations.
She dubbed the I-T raids as "anti-democratic, deliberately planned and tested".
A central leader of radical Jamiat Ulema-e-Islam party, Rehmat Salam Khattak, is among 30 arrested in raids following the attack on the temple in Terri village in Khyber Pakhtunkhwa's Karak district on Wednesday, Station House Officer Rehmatullah Khan told PTI.
Delhi MLA Manjinder Singh Sirsa said Kamal Nath had allegedly given shelter to five people who were accused in one of the seven cases.
The Parthasarathy Shome committee gives its second reform report to finance ministry.
How China's all powerful Communist party bungled the response to the coronavirus crisis.
The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.
The Election Commission on Tuesday deliberated on holding the assembly polls in Maharashtra, Haryana, Jharkhand and Jammu and Kashmir before or after Dussera.
