In the high profile co-location case, markets regulator Sebi on Wednesday imposed a penalty of Rs 1 crore on the NSE for failing to provide a level-playing field for trading members subscribing to its tick-by-tick (TBT) data feed system. In addition, the regulator levied a fine of Rs 25 lakh each on NSE's former managing directors and chief executive officers Chitra Ramakrishna and Ravi Narain. Alleged lapses in high-frequency trading offered through NSE's co-location facility came under the scanner of the watchdog after a complaint was filed in 2015.
The veteran leader is also expected to use his good offices in unifying the faction-ridden party in the state, ahead of assembly elections just six months away.
American automaker Ford on Thursday said that it had withdrawn plans to manufacture electric vehicles (EVs) in India and it won't invest in the country under the performance-linked incentive (PLI) scheme. "After careful review, we have decided to no longer pursue EV manufacturing for exports from any of the Indian plants. "We remain grateful to the government for approving our proposal under the PLI and for being supportive while we continued our exploration. "Ford India's previously announced business restructuring continues as planned, including exploring other alternatives for our manufacturing facilities.
India's top oil and gas producer ONGC wants the government to scrap windfall profit tax levied on domestically produced crude oil and instead use the dividend route to tap into bumper earnings resulting from surge in global energy prices. The firm also favours a floor price for natural gas at $10 per million British thermal unit -- the current government-dictated rate -- to help bring deposits in challenging areas to production, two sources aware of the matter said. State-owned Oil and Natural Gas Corporation (ONGC) management during discussions with government officials stated that levying windfall profit tax on domestic oil producers, while at the same time reaping rich savings from buying discounted oil from Russia was unfair.
Multilateral platforms are being misused to justify and protect perpetrators of terrorism, External Affairs Minister S Jaishankar said
Last week, opposition parties had hit out at the government after it told Parliament that no deaths due to oxygen shortage have been specifically reported by states and Union Territories during the second COVID-19 wave.
This next phase of globalisation needs to deliver economic growth so that it is equitable: Nadella.
Billionaire Mukesh Ambani on Friday backed the proposed data privacy and cryptocurrency bills, saying India is putting in place the most forward-looking policies and regulations. Ambani, who has been a votary of Indians owning and controlling their own data and the nation drafting strict rules around how digital information is stored and shared, said nations have the right to build and protect strategic digital infrastructure. Stating that data is the 'new oil', he said every citizen's right to privacy has to be safeguarded. "India is putting in place the most forward-looking policies and regulations," he said at the Infinity Forum, hosted by International Financial Services Centres Authority (IFSCA).
The sources said all stakeholders will have to work together to adjust the schedules as required and the pandemic can only be dealt collectively by such cooperation.
'CUET follows multiple choice questions which are very superficial, and don't test a student's understanding or ability to express or analyse.' 'This is not a good way to select students for undergraduate courses.'
Supreme Court judge Justice DY Chandrachud has said that the decriminalisation of Section 377 of IPC by the apex court has enabled queer people to emerge as legally empowered citizens.
Dr Anthony Fauci has been named as Chief Medical Adviser to the President on COVID-19, while Dr Rochelle Walensky has been named as Director of the Centers for Disease Control and Prevention; and Dr. Marcella Nunez-Smith as COVID-19 Equity Task Force Chair.
Gandhi had earlier demanded that the government clearly define an inclusive and equitable vaccine access policy to ensure its affordability and fair distribution.
The Biden administration had been under pressure to send the excess COVID-19 vaccines with the US to nations like India, which are facing severe vaccine shortages.
Prez says that India has not assured the United States that it will provide 'equitable and reasonable access to its markets'.
Calling for 'equal recognition of vaccines', COVAX on Thursday urged all governments to recognise as 'fully vaccinated' those people who have received COVID-19 vaccines deemed safe by World Health Organisation, saying any move that restricts travel of people based on the vaccines they have received is 'counter-effective, both in spirit and outcome'.
The Asian Development Bank has approved a US$ 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement.
Ghulam Nabi Azad, in his first public meeting in Jammu after quitting Congress, announced to launch his own political outfit that will focus on the restoration of full statehood.
'United Health Interface is in line with UPI. UPI is a language of money transfer, similarly, UHI is a set of protocols, which is going to create a language of health service delivery'
US President-elect Joe Biden on Thursday nominated Indian-American Vanita Gupta to be the associate attorney general and roped in Judge Merrick Garland for the position of attorney general.
'Black Lives Matter' protests intensified across the US after George Floyd, an African-American man, died after having a knee pressed into his neck by a police officer identified as Derek Chauvin.
Round-up of Ranji matches played on Tuesday.
China said on Monday the additional barriers set by India for investors from specific countries violate the World Trade Organisation's principle of non-discrimination, and go against the general trend of liberalisation and facilitation of trade and investment. "More importantly, they do not conform to the consensus of G20 leaders and trade ministers to realise a free, fair, non-discriminatory, transparent, predictable and stable trade and investment environment, and to keep our markets open," said a statement issued by the Chinese embassy in New Delhi.
'If technology is not to be used for the fairness and transparency of the game and to ensure that it is equitable to all, then why use technology at all?'
Critics who cannot stop gloating, pronouncing Modi to be a lame-duck prime minister, may be making a huge mistake, predicts Virendra Kapoor.
Prime Minister Narendra Modi's announcement that the central government will provide free coronavirus vaccine to states will help ensuring quick rollout of vaccine, uniformity of procurement prices and resuming normal economic activities at the earliest, India Inc said on Monday. Industry chamber PHDCCI said that the increased role of the central government in the vaccination procurement process would help make vaccination drives further effective and maximise the supply in the country in relatively less time. "This would be a crucial step in making the country COVID free sooner than later," it said.
All people deserve to have a voice in their government and be treated with respect no matter who they are, US Secretary of State Antony Blinken said on Wednesday while noting that Indians and Americans believe in human dignity, in equality of opportunity, the rule of law, fundamental freedoms, including freedom of religion and belief.
Our choices guide the State's attitudes, actions, policy and legislation. In order to establish the best government and the best most equitable governance we need to be better people, Sangakkara said in a long tweet reacting to the murder of an African-American man in police custody in the USA last week.
India is committed to supplying COVID-19 vaccines to other nations and such supplies are likely to begin by the end of this year, as the abundant production will not just meet domestic needs but also generate surplus for exports a top government official said on Monday.
Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.
Tamil Nadu chief minister M K Stalin has written to his counterparts in 11 non-BJP ruled states and Goa, seeking their support to oppose the National Eligibility cum Entrance Test and restore 'the primacy of states' in education, the government said on Monday.
Addressing the 76th United Nations General Assembly session here, Prime Minister Modi said that today, every sixth person in the world is an Indian.
The five-nation grouping BRICS on Tuesday resolved to combat terrorism in all its forms and manifestations, including the cross-border movement of terrorists, and vowed to step up joint efforts in building support for an India-backed global framework to effectively deal with the menace.
'Xi is keen that the remaining three territories still outside the Chinese ambit -- Taiwan, Arunachal Pradesh, and the Senkaku Islands in the East Sea -- be absorbed by the Communist regime by the time the centenary of the revolution rolls around in 2049.'
The Supreme Court Friday asked the Chief Justices of all high courts to use information and communications technology (ICT) tools to ensure that the access to justice is 'democratised and equitably allocated', saying as per the National Judicial Data Grid (NJDG), over 91 lakh bail pleas are pending in high courts alone.
The governor has returned the bill, adopted by the state assembly in September 2021 and the report of a high level committee constituted by the Tamil Nadu government in this connection to the assembly Speaker M Appavu.
India, which has shipped 'Made In India' COVID-19 vaccines to around 25 nations, on Wednesday urged the international community to stop 'vaccine nationalism' and actively encourage 'internationalism', underlining that hoarding superfluous doses will defeat global efforts to attain collective health security and combat the pandemic.
COVAX, 'the global COVID vaccine equity scheme', has so far delivered 65 million doses to 124 countries and economies but it is dependent on countries and manufacturers honouring their commitments.
With West Bengal Chief Minister Mamata Banerjee seeking a uniform vaccination policy for the country, Union Health Minister Harsh Vardhan on Friday assured her that the Modi government was firm in its resolve to help the state fight the COVID-19 pandemic, but also flagged more than 40 per cent positivity rate in some districts of the state.
The Government of India has supported the states and undertook a series of actions including provisioning medical oxygen, and other consumables to ensure clinical care of COVID-19 patients in view of the steep rise of COVID-19 trajectory in the country during April- May 2021.
