Delays in returning money for disputed transactions have also come under RBI's scanner.
The three main regulators have different approaches to grievance redressal and different standards to stop harmful from coming pitched at the consumer.
"Our government has invariably made efforts to initiate the process of meaningful dialogue and adoption of peaceful means to resolve the issues but unfortunately the expansionist designs of India have remained the main hurdle in this regard," Abbasi said.
Supporting the latest ceasefire between Israel and the Palestinian factions in the Gaza Strip, the United States has asked the two sides to abide by their commitment and look towards establishing lasting peace in the region.
Telugu Desam Party chief N Chandrababu Naidu on Saturday met President Pranab Mukherjee and leaders of political parties in an attempt to find an amicable solution to the problem of division in New Delhi Andhra Pradesh and creation of Telangana state.
The diplomatic row between the United States and India over the arrest of an Indian diplomat Devyani Khobragade was mishandled by both countries and it is high time to move forward and find a diplomatic resolution, two former American diplomats have said.
'The Hindu quest for political power in terms of a Hindu identity can pose a problem for tolerance, as the alignment of religion with power often does.'
Mukund Rajan, who worked closely with Ratan Tata, recalls the unique experience of working with the corporate titan.
'There is an effort of painting the entire problem as religious one.' 'That Jammu and Kashmir is the way it is because the valley has radicalised.' 'I would be the first person to accept that there is a greater element of radicalism today than it was 25 years ago, but to suggest the entire valley of Kashmir is radicalised and everything you see on the ground is because radical Islam has suddenly taken over is not true.' Omar Abdullah, former J&K chief minister, explains why 'the situation in J&K is very worrisome.'
The service conditions and judges' remuneration are not alluring .
The new army chief's highest priority must be to address the critical hollowness in the Indian Army's operational preparedness, says Brigadier Gurmeet Kanwal (retd).
It was also suggested that an all-party delegation should visit Kashmir to assess the situation but the government did not make commitments regarding any of their demands.
'She never desisted from calling a spade a spade and that's what made her such a unique character.'
'Burhan Wani's killing served as a spark for the anti-establishment fire that has been raging in the minds of Kashmiris ever since the Centre stopped engaging them for their political future,' says Air Vice Marshal (retd) Kapil Kak in an interview with Rediff.com
Since the US and India broadly share similar interests in Sri Lanka, they should coordinate closely to ensure that the country preserves its democratic institutions, says Lisa Curtis
Behind the BJP's astounding electoral success is a small army of dedicated lieutenants marshalled by Amit Shah.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.
There have been several occasions when workers have raised an industrial dispute with employers demanding compensation for being retrenched due to continued illness
The prime minister should have visited Sri Lanka, armed with a critique of the Rajapakse government based on nuance and fact, says Sreenivasan Jain
Opposition parties disrupted the proceedings of the Parliament for the fourth consecutive day on Tuesday over the demonetisation issue.
Coming full circle, Ram Vilas Paswan's Lok Janshakti Party, which left the National Democratic Alliance in 2002, is all set to align with in Bihar for Lok Sabha polls, giving a jolt to Congress' plans to have a "secular" alliance with LJP and Rashtriya Janata Dal.
In spite of irritants and hiccups in the relationship, a few deliverables are expected of the prime minister's visit to China, says Rup Narayan Das.
Sarpanch leaders are changing Rajasthan for the girl child, says Rashme Sehgal.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
The Centre on Thursday evening took the first significant step towards creation of a separate Telangana state from out of Andhra Pradesh and decided that Hyderabad will be the joint capital of the two states for 10 years.
'I have seen in action six prime ministers and ten chief ministers, considered stalwarts in their days, and it is the first time, in all my experience, that a prime minister has gone into such great detail, laying down even the standards of cleanliness that should be maintained in all offices,' says B S Raghavan, former chief secretary, West Bengal.
'Diplomatic engagement will continue even as India keeps all its options open with respect to discretely targeting the Pakistani military and its terrorist proxies.'
Contentious issues such as the construction of a Ram Temple in Ayodhya, abrogation of Art 370 giving special status to Jammu and Kashmir and enactment of Uniform Civil Code have been included in the Bharatiya Janata Party's election manifesto with the party making promises on them.
China has been keeping tabs on the restive Tibet province through a 'grid' system and some 600 'convenience police posts' armed with high-tech equipment that monitor the daily life of the citizens of Lhasa and other Tibetan towns. Worse, 'volunteer security groups' known as 'Red Armband Patrols' are roaming around in order to get more information and 'classify' each and every citizen, says Claude Arpi
Indian economy about to take-off
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.