Addressing the media soon after the Union Cabinet cleared the ordinance, Law Minister Ravi Shankar Prasad cited compelling necessity for the move as the practice annulled by the Supreme Court continues unabated.
Today, the single most popular route of laundering is the stock market platform, notes Debashis Basu.
A bench headed by Justice Madan B Lokur asked the Centre as to what action has been taken in the matter.
"It would be my hope that people understand why this particular transaction is important for us," the EAM said in Washington, DC.
Vadra's interim protection from arrest was extended till April 1.
A single judge bench of Justice J K Ranka stayed the operation of letters of Joint Secretary Mahendra Nahar that required Ombudsman Gyan Sudha Mishra, a retired judge of the Supreme Court, and Ethics Officer Pana Chand Jain, a retired judge of of the high court, to put down their papers and leave their respective assignments by handing over the files to C P Joshi, the newly-elected RCA chief.
'The party had opposed FDI when it was in the Opposition. Now, its government has allowed FDI in all sectors.' 'Modi had opposed GST when he was chief minister. Now, he is strongly advocating it.' 'The BJP must come clean and inform its supporters and the people why it is diverging from its basic agenda.'
The Bombay high court order quashing the gag order on reporting the court proceedings in the Sohrabuddin encounter case is a victory for every journalist and Indian, says Neeta Kolhatkar.
Justice M S Sonak in an interim order on Monday restrained the Charity Commissioner from attaching the assets and accounts of the NGO. The HC also ordered defreezing of the domestic and non-FCRA bank accounts of the NGO.
'No one institution can cleanse it: Not the courts, government or activists.' 'And least of all the Indian Police Service,' argues Shekhar Gupta.
The embattled Janata Dal-Secular leader also said he was ready for everything and that he was not here to cling to power.
National politics will have a bearing on the RK Nagar byelections, and even in the state elections whenever they are called, says R Rajagopal.
Pawar pressed for forging alliances of anti-BJP parties at state level and favoured picking up the prime ministerial candidate after the election results, as happened after the 1977 and 2004 general polls.
Manipur has been experiencing unrest on account of the people's unhappiness with the alleged misuse of the Armed Forces (Special Powers) Act. They are demanding that it be repealed.
Tripura should be taken as a case study on how misuse of the AFSPA can be avoided even while transforming public opinion and controlling insurgency, says Sanjib Deb.
On the 40th anniversary of the beginning of one of the darkest periods in our history, here are six painful facts about the Emergency.
Escalating further the controversy over his interview to Doordarshan, Narendra Modi on Saturday rued the "decline" in journalistic freedom in the public broadcaster and invoked "horrific" memories of the Emergency days in 1975.
'I am not saying that all women were always right and all men have always been wrong.'
The BSP supremo also ridiculed Congress leader Rahul Gandhi for "not taking cognisance" of suicides by Dalit students when his party was in power.
While Google has market capitalisation of almost $753 billion and Facebook commands one of $515 billion, it is the wealth of user data they have that one fears
Many exit polls predicted that SP-BSP alliance in Uttar Pradesh is likely to trump the BJP in the country's politically most crucial state.
The Sanganer MLA alleged Raje was "misusing" her political power for "personal gains" and that the state government is a group of those who "extort" money.
'The participants and organisers have rejected their own political leadership and shown the door to leaders who have tried to claim power at these rallies.' 'Instead, the Maratha masses have reclaimed their power and stakes in the larger scheme of things.'
'Why doesn't the prime minister wake up to these social issues?' 'This government is basically saying rape is all right.'
The NSE Nifty cracked below the 10,800-mark to hit a low of 10,753.05 intra-day, before closing at 10,762.45 with a loss of 59.40 points, or 0.55 per cent.
Sebi decided to incorporate a provision in this regard in its new Corporate Governance Code
'Let the courts decide who is guilty and what punishment they should get.'
It is the only project in the world which can lift two TMC of water every day, the government said.
