Hasan Gafoor, who is believed to have been indicted by a high-level committee for the way he handled the 26/11 terror attacks, was on Saturday removed as Mumbai Police Commissioner to which post intelligence chief D Sivanandan was appointed.
The strained relationship between the ruling Dravida Munnettra Kazhagam and its key ally Pattali Makkal Katchi on Friday reached a flashpoint with Tamil Nadu Chief Minister M Karunanidhi asserting that his party would take a decision whether to continue the relationship 'in five or six days'.Karunanidhi said that PMK leader and president of Vanniyar Sangam G Guru had spoken at a public meeting recently, threatening Union Minister A Raja and DMK MLA S Sivasankar.
"We should encourage greater outward investment by provident funds and insurance companies when inflows are high. Such diversification will make these funds more stable (give them less exposure to high volatility India markets)," said the draft report of the the Committee on Financial Sector Reforms, headed by former IMF Chief Economist Raghuram G Rajan.
Reserve Bank of India regional director J Sadakkadulla on Thursday said that a high-level committee headed by RBI Deputy Governor Usha Thorat had recommended installing of note sorting machines (NSMs) in all bank branches in a phased manner and has asked the banks to give a road map to the RBI to achieve this task.
As many as 14 opposition MPs were suspended from Parliament for the remainder of the winter session for disrupting proceedings, as the Lok Sabha security breach incident snowballed into a major row on Thursday with the government asking the opposition not to "politicise" the "grave national issue" and the Congress, Trinamool Congress and others demanding a statement from Home Minister Amit Shah.
Market regulator Securities and Exchange Board of India (Sebi) on Monday said it is looking at extending trading hours at the bourses but any early decision on it is unlikely.
'A confident India is now coming in contact with NRIs,' says J C Sharma, secretary, ministry of external affairs on the first conference of overseas Indians.
A 24-hour control room was set up in the neighbouring district of Wayanad following the Nipah outbreak in Kozhikode
The government is set to begin the process soon to appoint the next Chief of Defence Staff with Army Chief Gen MM Naravane emerging as the front-runner for the top post that fell vacant following the demise of Gen Bipin Rawat in a helicopter crash.
Apprehending a slowdown in the growth of the economy due to the hardening of interest rates, the appreciating rupee and falling tariffs, the government has decided to set up a group to discuss the impact of these changes.
China also removed Finance Minister Liu Kun and appointed Lan Fo'an in his place. Liu is the third senior Cabinet minister to be replaced without any explanation.
The sixth Pravasi Bharatiya Divas was inagurated by Prime Minister Manmohan Singh at the Vigyan Bhavan in New Delhi on Tuesday. The prime minister announced that the government will set up a Global Advisory Council for Persons of Indian Origin. He said the council would comprise persons of Indian origin from all walks of life across the globe.
China on Thursday voiced its opposition to India's reported plans to hold the next year's meeting of G-20 leaders in Jammu and Kashmir.
'The armed forces cannot be an exception to the concept of citizenship in a multi-ethnic society. Nor can they demand to be shielded from scrutiny just because they perform a role in India's defence.'
With Delhi recording air pollution levels seven to eight times above safe standards on Monday, the city government announced the return of its flagship odd-even scheme after four years anticipating further deterioration of air quality post-Diwali.
A bench comprising Justice Arijit Pasayat and Justice S H Kapadia has asked the Customs Department to file an affidavit in this regard.
The government is taking the first steps towards opening of the Gulf region to private airlines -- by setting a high-level committee under the aegis of the aviation ministry -- to examine the contentious issue.
With market regulator SEBI having no objection, leading mutual funds including UTI AMC are now awaiting Reserve Bank's nod to invest in the equity of Fortune-500 companies.
Japan's biggest carmaker Toyota Motor Corp is considering an investment of Rs 1,500 crore
Decision against panel's suggestion.
The market capitalisation of BSE-listed firms reached an all-time high of Rs 299.90 lakh crore on Wednesday despite the Sensex falling marginally after a remarkable record-breaking rally in the last few trading sessions. The 30-share BSE Sensex dipped 33.01 points or 0.05 per cent to settle at 65,446.04, after rallying in the past five trading straight sessions. During the day, the benchmark hit a low of 65,256.49 and a high of 65,584.33.
The chief minister announced a committee to probe into the mishap and also said the government would talk to the LG Polymers management seeking job for the kin of the deceased in any of its businesses. Speaking to reporters after conducting a review meeting, Reddy also announced Rs 10 lakh each to those undergoing treatment on ventilator support and Rs 25,000 to those who took treatment as out-patients after developing health complications due to inhalation of the styrene vapour.
The Reserve Bank of India and the Securities and Exchange Board of India are considering a proposal for allowing Indian mutual funds to invest up to $1 billion in world's biggest companies through equity indices like Dow Jones Global Titans Index.
The ongoing Women's World Boxing championships was hit with controversy after two boxers were disqualified just hours before their bout.
"There is no doubt that selections to public employment should be on the basis of merit. Appointment of persons with lesser merit ignoring those who have secured more marks would be in violation of the Articles 14 and 16 of the Constitution of India," the bench said in last week's judgment.
Police cited statements of various witnesses in its chargesheet to state that Kumar was walking along with the protesters where a number of unidentified persons were raising slogans during an event in the university's campus on February 9, 2016, to commemorate the hanging of Parliament-attack mastermind Afzal Guru.
Customs sleuths will be posted in London, Hong Kong, Dubai and Brussels in an effort to check trade-based money-laundering among others.
Among the Sensex firms, Bajaj Finserv, Tata Motors, Asian Paints, ITC, IndusInd Bank, State Bank of India, Tata Steel, Wipro, Infosys and Maruti were the major gainers. Tech Mahindra, HCL Technologies, Kotak Mahindra Bank, Titan and Larsen & Toubro were the major laggards.
An ABVP member has also been slapped with a fine of Rs 20,000.
Air quality in Delhi and its suburbs dropped to the severe category again on Wednesday morning, with smoke from post-harvest paddy straw burning in neighbouring states accounting for one-third of the air pollution in the national capital.
