Blaming the nominal inflow of household savings into stock market on lack of confidence of retail investors, a Joint Parliamentary Committee has recommended strict accountability by listed companies through certification by their chief executives.
Rejecting the Opposition demand for a JPC probe into demat share scam, the Government Tuesday said SEBI was examining the matter and strictest possible action would be taken against those involved in the irregularities.
He accused Jaitley of having the ability to spin "two truths or lies" with "fake self-righteousness" and "indignation to defend the indefensible".
The Central Food Technological Research Institute, Mysore, and Central Food Laboratory, Kolkata, were on Monday asked by JPC to explain why their sample test results on pesticide residues in soft drinks were at variance
Noting the benefits of Double Taxation Avoidance Convention between India and Mauritius, the SC recently said the recommendations of JPC for incorporating built-in safeguards in the treaty to check tax evasion was for the Parliament to take note of.
The Joint Parliamentary Committee set up to probe allegations of pesticides in soft drinks has expanded its ambit to cover juices, iced tea, milk and milk products, liquor and even bottled water.
The government on Thursday paved the way for corporatisation of bourses through amendments in Securities Contract Regulation Act in line with the suggestions made by the Joint Parliamentary Committee.
The prime minister must clear his stand on the Rafale deal after Hollande's remarks, he said.
Government and Securities and Exchange Board of India have taken a number of measures to further enhance the efficiency and safety of the markets and ensure investor protection, Finance Minister Jaswant Singh said in Lok Sabha on Friday.
The government on Tuesday assured the Rajya Sabha that officials found guilty by the Joint Parliamentary Committee, which looked into the stock scam and the temporary freeze on Unit Trust of India's flagship scheme 64 will not be spared.\n\n\n\n
The government on Tuesday gave a clean chit to former Finance Minister Yashwant Sinha in the multi-crore stock markets scam of 2001
He said the CBI would go into all aspects of the bribery allegations.
Opposition members said the former finance minister had misled the Lok Sabha on the Calcutta Stock Exchange payment crisis and the UTI fiasco.
Observing a 'disturbing nexus' between officials of DSQ group, CSE, SCHIL and UTI, the Joint Parliamentary Committee on stock scam on Thursday asked various regulators to expedite probe into the matter that led to a Rs 21.40-crore loss to UTI.
Warning against conflict of interest of financial institutions, which have been chosen to sponsor UTI-II, the Joint Parliamentary Committee probing the stock scam and UTI muddle, has recommended that sponsors.
Reserve Bank of India's supervision as "weak and inefficient", the Joint Parliamentary Committee, which probed the stock scam on Thursday said timely action.
The Joint Parliamentary Committee has squarely blamed the finance ministry and the Securities and Exchange Board of India for last year's multi-crore securities scam.
They have been pointing out that he is yet to cleared by the commission probing irregularities in defence deals.
Nadella's visit comes at a time when the Indian government is taking a strong position on issues like data localisation and tightening the rules for e-commerce companies as well as social media platforms.
Minister of State for Civil Aviation Praful Patel on Friday virtually gave the clean chit to the NDA government over the sale of the Centaur Hotel at Juhu in Mumbai, saying that there have been no serious irregularities noticed in the deal of the hot
'Losers who cannot influence people even in their own party keep cribbing that the entire world is controlled by the BJP and RSS'
The tax department has slapped a whopping demand of Rs 1,385 crore on Big Bull Ketan Parekh and his group entities.
Vishwajit Rane purportedly can be heard saying that during a Goa cabinet meeting last week Parrikar stated he had an entire file and all documents relating to the Rafale deal lying in his bedroom, Surjewala claimed, playing the conversation for the media outside Parliament.
The Joint Parliamentary Committee looking into the issue of pesticides in colas is likely to recommend stringent norms for soft drinks to safeguard the health of the people, when it presents its report in Parliament on February 5.
Department of Company Affairs on Wednesday said it has set up a five-member Task Force to initiate action within six months on the recommendations of the report of the Joint Parliamentary Committee on the stock market scam in 2001.
"I do not think there is any need for a Joint Parliamentary Committee probe into the expose as demanded by many political parties, Tehelka Managing Editor Tarun Tejpal said.
The Congress party will have an elected president by June 2021, with the party's working committee on Friday approving holding the internal election after the assembly polls.
A legal notice was served to Pepsi and Coca-Cola asking them to immediately stop their sales in India or else face $10 billion in damages on the grounds of causing health hazards.
The demonetisation has caused untold miseries to the ordinary people, Yechury said.
On the eve of Prime Minister Manmohan Singh's press conference on Friday, the Bharatiya Janata Party on Thursday asked him some probing questions, including how he thinks history would judge his tenure, "failure" to assert himself against corruption and "subversion" of constitutional institutions.
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