Deepak Parekh, HDFC Bank Chairman, M S Verma, former SBI Chairman, Raghuram, Professor IIM, Ahmedabad, Rajiv Lal, IDFC MD and Vinayak Chatterjee, Feedback, Infrastructure Services Chairman are members of the committee.
Gujjars in Rajasthan had demanded to be shifted to the ST category from the Other Backward Caste category.
The Financial Inclusion Advisory Committee under RBI Deputy Governor K C Chakrabarty is expected to suggest appropriate regulatory framework to ensure that financial inclusion and financial stability move in tandem, the RBI said in a statement.
The accounting system of the central and state governments may change considerably, with a high-level committee suggesting sweeping changes in how expenditure is classified in Budget documents.
'During times of adversity, a brick becomes better than a stone. That is how I look at the election season.'
"Leak of information related to Scorpene submarine is a matter of serious concern," Navy Chief Admiral Sunil Lanba said on Monday in his first comment after over 22,000 pages of data detailing the vessel's capabilities became public.
The Shunglu Committee has faulted the sacked chief of Commonwealth Games organising body Suresh Kalmadi and his aides over award of contracts saying there was "extreme concentration of powers at the top" and "conflict of interest" among the organising committee officials.
The government on Monday told the Supreme Court that a high-level committee in its report has suggested that alternative alignment other than mythological Ram Sethu for Sethusamudram project was not economically and ecologically feasible.
Moving swiftly after the conclusion of the Commonwealth Games, the government constituted a high-level committee headed by former Comptroller and Auditor General VK Shungloo to look into the organising and conduct of the Games.
Saudi Arabian Crown Prince Mohammed bin Salman arrived in New Delhi on a three-day state visit during which he will hold a bilateral meeting and co-chair the first leaders' meeting of the Strategic Partnership Council with Prime Minister Narendra Modi.
The industry ministry has circulated a draft Cabinet note for allowing foreign direct investment in multi-brand retail, a move which will allay industry's concern over policy paralysis.
With CPCB saying that the air quality is not severe now, the SC partially lifted its ban.
A Maharashtra government-appointed committee has asked Tata Power not to adopt differential pricing but supply excess power at the regulated price to Reliance Infrastructure.
The committee headed by Planning Commission Member B K Chaturvedi would be submitting its report to the Prime Minister by Thursday. Sources said the committee proposes to introduce an exit clause for the lead partner in a special purpose vehicle for any project besides relaxing the termination norms.
The latest extension will allow Bhalla to stay in the post during the general elections due early next year.
Congress members Ami Bera, Pramila Jayapal, Ro Khanna, Raja Krishnamoorthi and Shri Thanedar released a joint statement after receiving a classified briefing from the Biden Administration on Gupta's indictment.
The varsity, however, clarified that it does not signify a "clean chit" to the students and that the final decision in this regard will be taken after examination of the report by the vice chancellor.
Six months after the Mumbai terror strikes, a high-level committee which probed the audacious attacks submitted its report to the Maharashtra government on Wednesday.The committee comprised retired Indian Administrative Service officer R G Pradhan and former Research and Analysis Wing deputy chief V Balachandran.
Former apex court judge M B Shah will also be member of the SIT.
Besides Dr Singh, the meeting was attended by Defence Minister A K Antony, Army Chief J J Singh, National Security Advisor M K Narayanan and others.
ICC general manager of cricket Wasim Khan said the issue was raised in one of the Cricket Committee meetings but was not taken forward.
A high level committee, which went into alleged financial irregularities in Commonwealth Games, has strongly indicted suspended Prasar Bharti CEO B S Lalli and Doordarshan Director General Aruna Sharma, accusing them of "collusion" with a UK-based firm which benefited Rs 135 crore in the broadcast deal.
Prime Minister Manmohan Singh has constituted a ministerial panel, headed by Defence Minister A K Antony, to examine the findings of the Shunglu Committee that probed alleged irregularities in conduct of the Commonwealth Games in New Delhi last year.
The Centre will set up a high-level committee of secretaries for processing the Sixth Pay Commission's report for its employees. The Empowered Committee of Secretaries will be headed by Cabinet Secretary K M Chandrasekhar, Science and Technology Minister Kapil Sibal said after the Cabinet meeting.
For the initial public offering (IPO) of the Life Insurance Corporation of India (LIC), the Centre has shortlisted 50-60 anchor investors, which include BlackRock, Sands Capital, Fidelity Investments, Standard Life, and JP Morgan, and will soon finalise its anchor book. The feedback from anchor investors has led to price discovery in LIC shares, valuing India's largest insurer at around Rs 7 trillion, said an official aware of the development. The "attractive valuation" is seen widening the investor base by providing an opportunity to more of them to participate in the IPO, the official added.
Commonwealth Games Organising Committee chairman Suresh Kalmadi on Saturday said he is ready to provide all kind of support to the Prime Minister-appointed high-level committee formed to look into allegations of corruption related to the conduct of mega sporting event.
Decks have been cleared for acting chairman D K Mehrotra to become the regular chairman of Life Insurance Corporation, as the finance ministry has decided to send his name to the Appointment Committee of Cabinet (ACC) for final approval.
External Affairs Minister S Jaishankar on Monday held wide ranging discussions with Iranian counterpart Hossein Amirabdollahian in Tehran and their discussion focused on the long term framework for India's involvement with the strategically vital Chabahar port and the North-South connectivity project.
India will set up a high-level committee to identify areas for expanding economic ties with the United States, from where it expects an estimated investment of $250-300 billion in infrastructure space.
The Finance Ministry should encourage local manufacturing of currency paper to check counterfeits and exempt its production from excise duty, a high level committee has said.
The structure and the exact mandate of the high-level committee set up to probe the alleged financial irregularities related to the conduct of the Commonwealth Games 2010 remain unclear even a week after the setting up of the panel was announced.
Global trends, trading activity of foreign investors and movement of oil benchmark Brent crude would dictate terms in the domestic markets this week, analysts said. Equity markets, which fell nearly 3 per cent last week, may face volatile trends amid the monthly derivatives expiry on Thursday. "This week marks the September month Futures and Options (F&O) expiry, which is expected to bring about volatility in the market," said Santosh Meena, Head of Research, Swastika Investmart Ltd.
The government on Monday said it is initiating all possible measures to help states facing a water crisis and drought-like situation."Faced with water crisis, states like Maharashtra, Gujarat, Karnataka, Rajasthan and Kerala have sought assistance from the Centre. Relief is being provided to them based on recommendations of a high-level committee," Minister of State for Drinking Water and Sanitation Bharatsinh Solanki said in Rajya Sabha.
The decision that came soon after the Bharatiya Janata Party's poll victory in four of the five states was taken after a high-level committee submitted its report to the Railway Board.
'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'
Moreover, the absence of a liquid market for various types of assets also makes such estimation inappropriate, it said. One of the terms of reference of the committee was to examine if corporate saving estimation should be done on an MTM basis. MTM refers to the present value of assets based on their market prices.
The three-member committee was constituted following a direction from Prime Minister Manmohan Singh, who is currently abroad, government sources said. However, the defence forces have now agreed to accept the pay scales with the existing 'anomalies', but would wait for a decision from the committee in which Defence Minister A K Antony and Finance Minister P Chidambaram would be members.
The Income Tax department has collected documents pertaining to tenders and award of contracts for its "two pronged" probe into the finances of the Commonwealth Games even as a high-level committee headed by a former CAG goes into allegations of corruption related to the mega sporting event.
The Union Cabinet on Tuesday approved the Judicial Standards and Accountability Bill. According to the provisions of the Bill, judges would not be allowed to delay judgments beyond three months after the conclusion of arguments. The Bill lays downs standards and accountability for members of the higher judiciary.The Bill aims at laying down judicial standards and establishing a mechanism to deal with complaints of 'misbehaviour' or 'incapacity' of a judge of the Supreme Court
The high-level committee that probed the Mumbai 26/11 attacks has blamed the management of Taj and Oberoi hotels for ignoring the security advice given to them much ahead of the terror strikes.
