The Financial Sector Legislative Reforms Commission had in a report last year proposed a unified regulator for the entire financial sector -- markets, insurance, commodities and pension. It had, however, proposed to keep banking out of its purview for now.
The SIT has been constituted and has been directed to complete the probe within a month, Shah said.
The government on Monday issued an advisory for rational use of Remdesivir in COVID-19 treatment, underlining that the anti-viral drug must be advised by senior faculty members directly involved in the patient's care.
The judgement penned by Justice Ramana in the Anuradha Bhasin case related to internet ban in Jammu and Kashmir following the abrogation of Article 370 provisions has been hailed by many as one of the progressive verdicts.
According to the advance visibility provided by the Centre to states and Union territories, a total of 5.86 crore Covid vaccine doses will be provided free of cost to them from May 1 to June 15, the Union health ministry said on Wednesday.
The apex court said 'we are not straightaway arriving at any conclusion' as there were 'very strong views' on both sides. It said it will also see if there was any error in previous judgements which dealt with the issue and decide whether it can be referred to a larger or a five-judge constitution bench.
The Supreme Court on Friday refused to tinker with the move to do away with the use of now-defunct high-value currency notes for public utilities, in government hospitals and for rail tickets.
The Supreme Court on Friday stayed the execution of 1993 Delhi blast terror convict Devender Pal Singh Bhullar.
Are breakthroughs on this imminent, asks Ajit Balakrishnan.
The Uttarakhand high court on Tuesday ordered a floor test in the assembly on March 31, giving a new turn to the political events in the state where President's Rule was imposed on Sunday.
Independent assessment finds that some of the Bangladesh pacer's standard deliveries exceeded the permissible level of elbow extension.
This is the first protest in Bihar against the state government order directing schools, colleges and coaching institutes to remain closed till April 11 following a rise in COVID-19 cases.
'When it is an open ballot, the division taking place in the open house will be for all to see.' 'As they say sunlight is the best disinfectant, this (aspect of the order) brings in transparency and it's in keeping with the best democratic principles.'
'We may have the finest criminal laws, but of what use are they when it can ensure neither a quick, time-bound trial nor punishment?' 'The outcome, then, will be extra-judicial solutions like what the Telangana police has hit upon,' argues Saisuresh Sivaswamy.
The Beijing number 2 Intermediate People's Court, which is conducting the trial, announced the stiff verdict handing down death sentence to 60-year-old Liu, state-run Xinhua news agency reported quoting verdict.
No untoward incident has been reported so far in the bandh called by the All Minority Organisations Coordination Committee, which includes the All Assam Minority Students Union (AAMSU) and the Jamiat-e-Ulema among others, that began at 5 am on Friday, a police officer said.
The Friday morning encounter of all the four accused in the brutal rape-and-murder case of a 25-year-old woman veterinarian last month in Hyderabad triggered a nationwide debate on justice delivery, with one side supporting it as speedy justice and the other raising concerns over 'extra-judicial' measures. Here is a look at the legal status of some rape cases which shook the country.
Bhoothnath Returns starts off with a fascinating premise but drags towards the end, says Sukanya Verma.
The actors are good and Sujoy Ghosh is tremendous at creating a textured Bengal setting, but this is a thriller which could have used more twists and smarts, says Raja Sen.
Into The Storm offers quite a sensational depiction of multiple tornadoes but where plotlines and performances are concerned, it's distressingly sloppy.
Opposition Congress termed the government's decision as 'unilateral' and said it was against the interest of a majority of Ayyappa devotees in and outside the state.
There was also no stay of the disqualification of rebel AIADMK MLAs.
The Nationalist Congress Party on Monday backed Rahul Gandhi's pitch for reconsideration of Maharashtra government's decision rejecting a judicial panel's report on Adarsh scam, which had indicted some senior Congress leaders, including former chief ministers.
The Supreme Court on Tuesday recalled an order and admitted that it committed a "mistake of law" by directing that only sitting or retired high court chief justices or an apex court judge could head the central and state information commissions.
The Supreme Court has dismissed the Gujarat Government's plea to review its order for a CBI probe into the alleged extra-judicial killing of Tulsiram Prajapati, an eyewitness in the 'fake encounter' case of Sohrabuddin Sheikh, allegedly involving state's former Home Minister Amit Shah.
The Centre on Monday told the Supreme Court that it is taking all measures to extradite fugitive businessman Vijay Mallya, accused in bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines from United Kingdom, but the process is being delayed due o some legal issues involved in the matter. A bench of Justices U U Lalit and Ashok Bhushan posted the matter for further hearing on March 15, after Solicitor General Tushar Mehta sought some time to file report on the status of extradition of Mallya. At the outset, Mehta shared a letter of the ministry of external affairs' official Devesh Uttam written to him on the status of extradition of Mallya from the United Kingdom.
The bench said the AAP contention that the LG is bound to act on the aid and advice of Council of Ministers was "without substance and cannot be accepted".
The urgent need to address a large number of beneficiaries waiting for second dose of vaccine was stressed in a meeting held by Union Health Secretary Rajesh Bhushan and Dr R S Sharma, the Chairman of Empowered Group on Technology and Data Management to Combat COVID-19, with state officials to review the status of COVID-19 vaccination on Tuesday.
The Congress, which was not a petitioner before the apex court, wants the Rafale deal to be referred to a Joint Parliamentary Committee to go into the price arrived at by the BJP government versus the one negotiated by the previous UPA regime, as also how billionaire Anil Ambani's group with virtually no experience in manufacture of fighter jets was selected as an offset partner for the deal.
The commerce ministry has recommended the continuation of anti-dumping duty on a Chinese chemical used in food and pharma industry with a view to guard domestic players from cheap imports. In a notification, the ministry's investigation arm, the Directorate General of Trade Remedies (DGTR), has said there is a "positive" evidence of likelihood of dumping of Sodium Citrate and injury to the domestic industry if the existing anti-dumping duty were to be removed.
The Congress has promised to review and amend a host of laws, rules and regulations.
"Notwithstanding my personal anguish, I hope this will not cause any damage to the hard-earned peace and development in the state," Singh wrote in his letter to Gandhi
Salve said it is important to be 'positive' after such a positive ruling.
The Rajiv Gandhi assassination, investigation and trial were all jinxed in parts, recalls N Sathiya Moorthy.
In addition to supporting the president-elect, Klain will work to build a diverse, experienced and talented team to help President-elect Biden and Vice President-elect Kamala Harris meet the urgent challenges facing the country, a media release said.
The judgment was reserved after a marathon hearing which went on for 38 days spanning four months.
Pakistan's Law minister Babar Awan resigned on Wednesday to appear as the government's counsel in a case in the Supreme Court seeking a review of the death sentence awarded to former premier Zulfiqar Ali Bhutto. President Asif Ali Zardari, who also heads the ruling Pakistan People's Party, recently asked the apex court to review the death sentence awarded to Bhutto in 1979.
Kapil Sibal listed out legal questions, including the governor's power to convene the assembly session without aid and advice of the government, for adjudication by a five-judge constitution bench headed by Justice J S Khehar.
The petition sought recording of calls, documents and reports by an investigating agency like CBI and to declare that the convict has legal and constitutional rights to approach any court at any time even in the last minute of hanging.
'Even the ruling party -- if it really respects the independence of the judiciary and democracy -- should support this impeachment motion.'
