Rangeela's presence in the fray could have been trifle uncomfortable for Modi. He may not have posed an electoral challenge to the prime minister, but Rangeela's public meetings could have seen people flocking, if only to hear him mimic Modi. In a completely Modi-centric election, the presence of a 'rival' -- if only for a smattering of audience at his meetings -- would not have been particularly appreciated by Modi, asserts Nilanjan Mukhopadhyay, author of Narendra Modi: The Man, The Times.
The Swiss National Bank, the country's central banking authority, has estimated the funds currently held by Indians in Swiss banks at a mere $1.98 billion. Fear of disclosure due to greater scrutiny of this illicit wealth has played the main role in the flight of capital.
'Our confidence has been strengthened by the fact that the Supreme Court has decided to examine the Constitutional validity of all that has been done on August 5.' 'That in itself is an achievement because the Supreme Court could have very well said you don't have a case at all.' 'The very fact that the honourable court has decided to admit it for regular hearing, and refer it to a Constitutional bench, tells us that the Supreme Court has found merit in our case.'
The BSE mid-cap and small-cap stocks have outperformed the benchmark Sensex in 2023-24 with about 62 per cent returns, reflecting buoyant investors' sentiment amid robust macroeconomic conditions in the country and impressive quarterly earnings reported by various firms. As per an analysis, the BSE mid-cap gauge jumped 15,013.95 points or 62.38 per cent in the 2023-24 fiscal, while the small-cap index climbed 16,068.99 points or 59.60 per cent. In comparison, the 30-share BSE Sensex raked in a gain of 14,659.83 points or 24.85 per cent during the fiscal under review.
MCA portal clocks 5 mn views in 8 months; ministry to integrate company records portal with DGFT, I-T dept this year
'The larger intention is to create a political State where there is no opposition.'
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.
On October 2, a legislature committee wrote letters to the 14 companies, initiating an investigation and seeking details about recent price increases in several generic products available in the American market.
#TwitterBan was trending on Twitter with almost 17,000 tweets.
DRDO's failures over the decades have contributed significantly to India becoming the world's biggest weapons importer, points out Lieutenant General Prakash Katoch (retd).
Nodal body, which will take charge on October 1, to maintain data, will suggest recalls & fines.
The Delhi high court on Thursday refused to grant Chief Minister Arvind Kejriwal any protection from coercive action in an excise policy-linked money laundering case.
With an eye on improving quality assurance in the wake of increased global scrutiny on Indian pharma products, the Centre on Tuesday said that Schedule M of the Drugs and Cosmetics Act, 1940 will be made compulsory for small and medium scale manufacturers in a phased manner. Union Health Minister Mansukh Mandaviya has asked micro-small and medium enterprises in pharma manufacturing to move towards good manufacturing practices (GMP) through self regulation. "This will help in quality assurance and also reduce compliance burden," Mandaviya.
Nikhat emerges as India's biggest star in a year filled with historic performances
'There is nothing traitorous about highlighting the poor record of your own government. If the Indian government does something wrong, we all have the right to point this out at any forum, international or national.'
Leading Chinese telecom equipment manufacturers, Huawei Technologies Co Ltd and ZTE Corporation, have launched an aggressive 'Indianisation' drive. The two companies are replacing Chinese nationals with Indians on their board of directors. The move is seen as an attempt by the companies to change the public perception in India, where Chinese firms are often viewed with suspicion. This would also make it easy for the firms to do business in India.
Stakeholders have shown a distinct lack of seriousness in bringing a law against corruption in Indian sports, a reason why someone like tainted former pacer S Sreesanth got away despite strong evidence of spot-fixing against him in the 2013 IPL, former Delhi Police Commissioner Neeraj Kumar has said.
'We went from zero to about 10 million users in three months. Paytm came out with the wallet play and we came out with the UPI play.'
'There is no scope for any doubt. This was a scheme designed to enrich the ruling party.'
The bench said if the governor decides to withhold assent to a bill, then he has to return the bill to the legislature for reconsideration.
he Punjab government had also sought a judicial declaration that the assembly session held on June 19 and 20 was "legal and that the business transacted by the House is valid".
The publishing of compliance reports by Google, Facebook and Instagram is bound to turn up the heat on Twitter, which has been engaged in a tussle with the Indian government over the new social media rules.
The Union home ministry said it has cancelled registration of 11,319 organisations that had not applied for renewal of registration under the Foreign Contribution Regulations Act by the June 30 deadline this year.
India on Thursday announced temporarily suspending issuance of visas to Canadian citizens in view of "security threats" faced by its high commission and consulates in Canada, amid an escalating diplomatic row over Ottawa's allegations relating to the killing of a Khalistani separatist on Canadian soil.
The finance minister's assertion that industry should not expect any spectacular announcements in the 2024 interim Budget suggest that the electoral imperatives of more tax concessions or higher expenditure on welfarist programmes could be far less pronounced than they were before the 2019 interim Budget, expects A K Bhattacharya.
After securing the resignation of Union Minister Shashi Tharoor, Government on Monday said the entire Indian Premier League (IPL) will be under scrutiny including its funding and vowed not to spare any 'wrong-doer', as its top boss Lalit Modi came under the scanner of Income Tax authorities.
Although a merger with low-cost carrier SpiceJet would have made the Kingfisher-Deccan combine the largest carrier in Indian skies, it would have put a huge burden on the Vijay Mallya-controlled carrier's financials, feel experts. SpiceJet's losses have almost doubled to Rs 133 crore (Rs 1.33 billion) this year -- of which Rs 123 crore (Rs 1.23 billion) were incurred in the March quarter -- as compared with last year.
'The Modi Model we see now is still the old Gujarat Model.' 'But with an acknowledgement that governing India is more challenging than governing Gujarat,' notes Shekhar Gupta.
Trinamool Congress leader Mahua Moitra's expulsion from the Lok Sabha triggered a political slugfest on Friday, with the opposition calling it a 'betrayal of India's parliamentary democracy' and the Bharatiya Janata Party asserting that it was an 'apt decision' as there was proof of the allegations levelled against her.
The home ministry said only asymptomatic people would be allowed to travel and it would be arranged by aircraft and naval ships, and the facility will be available on a payment basis.
The company has recently sent a detailed reply to the agency as part of communication to notices sent to it earlier under the Foreign Exchange Management Act, official sources said.
All entities operating in India must fully comply with relevant laws, External Affairs Minister S Jaishankar Wednesday told his British counterpart James Cleverly, who raised the BBC tax surveys issue during a meeting with him.
The dates for the much-awaited WFI elections have been confirmed, with the results also set to be announced on the same day.
"The Pakistan Team has collected passports from the Indian High Commission in Islamabad today (7th December 2022) around 2:30 PM after receiving the passport collection e-mail from Indian High Commission but no visa has been issued to Pakistan team," Pakistan Blind Cricket Council (PBCC) said in a statement.
A court has ordered refugee officials to 'perform a sufficient analysis concerning the nature of the BK'.
The Kerala Story is among a long list of films that invited bans and censorship.
Amid a government scrutiny into the alleged breach of FDI norms by Hutchison Telecom International, the Hong Kong-based firm on Monday asserted its Indian mobile venture Hutch Essar Ltd (HEL) did not violate any regulations.
The government believes firms which are subject to China's laws could be forced to hand over information to Beijing's security services.
Sedition, which provides a maximum jail term of life under Section 124A of the IPC for creating "disaffection towards the government", was brought into the penal code in 1890, 57 years before Independence and almost 30 years after the IPC came into being.
Maharashtra Chief Minister Eknath Shinde on Tuesday launched a blistering attack on Shiv Sena-Uddhav Balasaheb Thackeray leader Uddhav Thackeray saying he buried the Hindutva ideology of Bal Thackeray for power and joined hands with Congress and socialist parties.
