News for 's reservation act'

Govt notifies rules to enable 100% FDI in insurance sector

Govt notifies rules to enable 100% FDI in insurance sector

Rediff.com1 Jan 2026

Following the notification allowing 100 per cent foreign direct investment (FDI) in the insurance sector, the Finance Ministry has revised norms to remove the requirement that a majority of directors and key management personnel in an insurance company with foreign investment be Indian residents.

Why UGC's new regulations have sparked controversy, protests

Why UGC's new regulations have sparked controversy, protests

Rediff.com27 Jan 2026

The University Grants Commission's (UGC) new regulations on promoting equity in higher education institutions have sparked protests and legal challenges. This article explains the regulations, the concerns raised, and the government's response.

SC denies bail to Umar Khalid, Sharjeel Imam; releases 5 others

SC denies bail to Umar Khalid, Sharjeel Imam; releases 5 others

Rediff.com5 Jan 2026

The Supreme Court has refused to grant bail to activists Umar Khalid and Sharjeel Imam in the 2020 Delhi riots conspiracy matter, citing a prima facie case against them under the UAPA. However, bail was granted to other activists in the same case.

No end to ISL stalemate! SC reserves order on MRA row

No end to ISL stalemate! SC reserves order on MRA row

Rediff.com1 Sep 2025

The Supreme Court on Monday reserved its order on issues pertaining to the renewal of the master rights agreement, which is necessary for holding Indian Super League (ISL) football matches this season.

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Rediff.com27 Jan 2026

Enforcement agencies have highlighted risks related to money laundering and terror financing, prompting closer scrutiny of crypto platforms operating in India.

Assam Intensifies Eviction Drives

Assam Intensifies Eviction Drives

Rediff.com7 Jan 2026

'Losing a house is a terrible feeling... We were not given enough time to shift our belongings.'

RBI clears Paytm arm PPSL as payment aggregator

RBI clears Paytm arm PPSL as payment aggregator

Rediff.com18 Dec 2025

Fintech firm One97 Communications on Thursday said its subsidiary Paytm Payments Services Limited (PPSL), has received authorisation from the Reserve Bank of India to operate as a Payment Aggregator for physical (offline) payments and cross-border transactions.

Rupee Logs 7-Year Best Day...

Rupee Logs 7-Year Best Day...

Rediff.com4 Feb 2026

The rupee, which was the worst performing Asian currency in 2025 and also in January, was the best performing Asian currency on Tuesday.

Mardaani 3 Review: In Service of Rani Mukerji

Mardaani 3 Review: In Service of Rani Mukerji

Rediff.com30 Jan 2026

Rani Mukerji gets plenty of scope to shine, seething with anger, screaming, radiating fury, and even taking on hand-to-hand combat in a truly boss-lady role, notes Mayur Sanap.

After Yes stake buy, Japan's SMBC gets RBI nod for wholly owned subsidiary

After Yes stake buy, Japan's SMBC gets RBI nod for wholly owned subsidiary

Rediff.com15 Jan 2026

Months after picking up 24.21 per cent stake in private sector lender Yes Bank, Japan's Sumitomo Mitsui Banking Corporation (SMBC) has received the Reserve Bank of India's (RBI's) in-principle approval for setting up a wholly owned subsidiary (WOS) in India.

'I'd pick Rishabh Pant in my team any day of the week'

'I'd pick Rishabh Pant in my team any day of the week'

Rediff.com23 Jan 2026

For Ian Smith, a player of Rishabh Pant's calibre walks into any T20 side and hence the former New Zealand stumper finds it baffling that the keeper-batter hasn't been picked for the upcoming World Cup starting in less than three weeks' time.

Sant Ravidas, An Airport Renaming, And Modi's Message

Sant Ravidas, An Airport Renaming, And Modi's Message

Rediff.com4 Feb 2026

Naming an airport after Guru Ravidas is not just about a name, it shows that Dalit communities want respect, equal treatment, and freedom from unfair caste rules in religion and society.

New market code may constrain Sebi funding

New market code may constrain Sebi funding

Rediff.com29 Dec 2025

As the government moves to revamp India's securities legislation, unifying three different laws into the Securities Markets Code (SMC), regulatory experts and market insiders have raised concerns on potential funding challenges for the stock market regulator.

Why 3 Tigers Died In Kaziranga Within A Fortnight

Why 3 Tigers Died In Kaziranga Within A Fortnight

Rediff.com21 Jan 2026

Kaziranga remains a critical stronghold for tiger conservation in India, but the recent deaths underscore the growing challenges of managing a thriving population within a limited landscape.

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rupee sees worst single-day fall in 2 months on importer dollar demand

Rediff.com17 Jan 2026

The rupee witnessed its worst single-day decline in around two months since November 21, 2025, due to demand for dollars among importers, said dealers. The maturing short positions in the non-deliverable forwards market further weighed on the local currency.

Stricter safeguards on cards for life funds

Stricter safeguards on cards for life funds

Rediff.com16 Dec 2025

The government has circulated among members ofParliament a new draft of the Amendment of Insurance laws Bill, 2025, proposing stricter safeguards on the utilisation of life insurance funds and other specified insurance business funds, particularly for dividend payouts, bonuses, and servicing of debentures.

SC seeks Centre's reply on plea for implementation of women's quota law

SC seeks Centre's reply on plea for implementation of women's quota law

Rediff.com10 Nov 2025

The Supreme Court has sought the Centre's response on a plea seeking the implementation of the 2023 Nari Shakti Vandan Act, which reserves one-third of seats for women in the Lok Sabha and state assemblies.

RBI imposes Rs 91 lakh penalty on HDFC Bank

RBI imposes Rs 91 lakh penalty on HDFC Bank

Rediff.com28 Nov 2025

A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday. The penalty has been imposed on the private sector lender for deficiencies in statutory and regulatory compliance, including those related to Know Your Customer (KYC).

How Winter Session Sets Stage For Budget

How Winter Session Sets Stage For Budget

Rediff.com5 Jan 2026

Three laws passed in Parliament could boost central revenues, reshape GST cess flows, shift MGNREGA costs to states and create new budget headroom ahead of the 2026-2027 Union Budget, points out A K Bhattacharya.

Restrictions, penalties are last resort: RBI governor Sanjay Malhotra

Restrictions, penalties are last resort: RBI governor Sanjay Malhotra

Rediff.com10 Jan 2026

The relation between a regulator and its regulated entities is collaborative and not adversarial with the common objective of maintaining the stability and credibility of the financial system. However, the action on regulated entities like penalties and business restrictions are the last resort, Reserve Bank of India (RBI)'s governor Sanjay Malhotra said on Friday.

Why UGC's New Equity Rules Finally Have Teeth

Why UGC's New Equity Rules Finally Have Teeth

Rediff.com29 Jan 2026

'What has changed is that the new regulations are backed by a clear enforcement framework. They have real consequences and, for the first time, make compliance unavoidable.'

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Proposed Nuclear Bill Caps Liability At 3,000 Cr

Rediff.com16 Dec 2025

The operator's liability in the case of an incident is limited to 3,000 crore for reactors with thermal power above 3,600 Megawatt; 1,500 crore for reactors with thermal power between 1,500 Mw and 3,600 Mw; 750 crore for reactors with thermal power between 750 Mw and 1,500 Mw; 300 crore for reactors with thermal power between 150 Mw and 750 Mw; and 100 crore for reactors having thermal power up to 150 Mw, fuel cycle facilities other than spent fuel reprocessing plants and transportation of nuclear materials.

Govt introduces bill to open civil nuclear sector to private players

Govt introduces bill to open civil nuclear sector to private players

Rediff.com15 Dec 2025

The Indian government has introduced a bill to overhaul the civil nuclear sector, allowing private participation and establishing a new liability regime. The SHANTI Bill, 2025, aims to repeal existing acts and address industry concerns.

Trump's Huge Venezuela Gamble

Trump's Huge Venezuela Gamble

Rediff.com24 Jan 2026

I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.

UGC 2026: 'No One Is Being Criminalised'

UGC 2026: 'No One Is Being Criminalised'

Rediff.com2 Feb 2026

'Once the actual scope is understood, it becomes evident that the framework is about internal redress and course correction, and in no way criminalisation.'

Foreign investors, currency movement, macro data to drive markets

Foreign investors, currency movement, macro data to drive markets

Rediff.com21 Dec 2025

Stock markets are likely to trade in a range-bound manner in a holiday-shortened week where trading activity of foreign investors, currency movement and global macroeconomic data announcements are expected to drive sentiments, analysts said. Several global markets may see subdued activity on account of Christmas and New Year holidays, an expert said.

57 Maharashtra local poll results depend on quota verdict: SC

57 Maharashtra local poll results depend on quota verdict: SC

Rediff.com25 Nov 2025

The Supreme Court has addressed the issue of reservation quotas in Maharashtra local body elections, stating that the final results of elections in 57 local bodies, where the 50% quota ceiling has been breached, will depend on its judgment in the case.

Venezuela Turmoil Unlikely To Rattle India's Trade

Venezuela Turmoil Unlikely To Rattle India's Trade

Rediff.com12 Jan 2026

'The immediate impact for India will be very minimal as the share of Venezuela in our total overseas production is very low.'

Maha local body poll results depend on final quota verdict: SC

Maha local body poll results depend on final quota verdict: SC

Rediff.com28 Nov 2025

The Supreme Court has directed the Maharashtra government and its state election commission to conduct local body elections, clarifying that the results will be subject to the court's final verdict, especially concerning the 50% quota limit. The court will hear pleas regarding OBC reservation in local bodies in January 2026.

President withholds assent to Bengal Bills replacing Guv as chancellor

President withholds assent to Bengal Bills replacing Guv as chancellor

Rediff.com16 Dec 2025

President Droupadi Murmu has withheld assent to three amendment Bills passed by the West Bengal Assembly, which sought to replace the governor with the chief minister as chancellor of state-run universities.

RBI steers away from aggressive intervention as rupee touches new lows

RBI steers away from aggressive intervention as rupee touches new lows

Rediff.com5 Dec 2025

As the rupee remains under pressure due to several headwinds and the uncertainty around the India-US trade deal, the Reserve Bank of India (RBI) has been stepping in only to calm volatility, not to stop the fall.

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rupee to grapple incessant volatility in 2026; US trade pact may not be silver bullet

Rediff.com31 Dec 2025

The Indian rupee, swaying through multiple headwinds, tiding over global trade disruptions and massive foreign fund outlfows, is unlikely to arrest its descent until tariff impact overhangs, notwithstanding robust domestic macroeconomic tailwinds. The Reserve Bank of India (RBI), which sees the rupee's depreciation as a silver bullet to offset the tariff shock, expects the currency to find its stable course once India reaches a trade deal with its largest trading partner, the US.

'Maoist Leadership Has Been Totally Eliminated'

'Maoist Leadership Has Been Totally Eliminated'

Rediff.com13 Jan 2026

'The Maoist leadership spread fear that surrender meant torture or death. Once that false narrative collapsed and our operations proved transparent and credible, the surrender momentum became irreversible.' 'From 42,000 square kilometres, Maoist activity is now confined to barely 500-600 square kilometres -- less than two per cent of Bastar. This is their last remaining base area.'

No legal challenge to governor, President's action on bills: SC

No legal challenge to governor, President's action on bills: SC

Rediff.com20 Nov 2025

The Supreme Court of India has ruled that the actions of governors and the President in granting, withholding, or reserving assent to bills are not subject to judicial review, emphasizing the separation of powers.

Why China's Claim On Shaksgam Valley Is Baseless

Why China's Claim On Shaksgam Valley Is Baseless

Rediff.com19 Jan 2026

Today's situation in the Shaksgam Valley is the consequence of what happened in Gilgit in 1947. But is India ready to militarily get back its territories? asks Claude Arpi.

Planning To Freeze Your Eggs? What You Must Know

Planning To Freeze Your Eggs? What You Must Know

Rediff.com2 Dec 2025

Dr Sulbha Arora, clinical director and fertility specialist at Nova IVF Fertility, explains everything you need to know about egg freezing in India, including the process, the cost and the risks involved.

Why Venezuela Did Not Celebrate Maduro's Fall

Why Venezuela Did Not Celebrate Maduro's Fall

Rediff.com14 Jan 2026

Years of repression and disappearances have taught Venezuelans, the hard way, not to voice either their anger or their joy, observes Radha Roy Biswas who spent her formative years in Venezuela.

About 50% turnout in Maha civic polls; 41% polling in BMC

About 50% turnout in Maha civic polls; 41% polling in BMC

Rediff.com15 Jan 2026

A BMC spokesperson said the average voter turnout stood at 29.96 per cent till 1.30 pm in the metropolis, which has more than 1 crore eligible electors.

Markets, spooked by Fed uncertainty, post biggest drop in two months

Markets, spooked by Fed uncertainty, post biggest drop in two months

Rediff.com9 Dec 2025

Equity markets fell on Monday, with benchmark indices recording their worst session in over two months amid caution ahead of the US Federal Reserve's (Fed's) policy announcement and renewed uncertainty over the US-India trade deal. Sustained selling by foreign portfolio investors (FPIs) also weighed on sentiment.

SC quashes parts of tribunals reforms law as unconstitutional

SC quashes parts of tribunals reforms law as unconstitutional

Rediff.com19 Nov 2025

The Supreme Court of India has struck down key provisions of the 2021 Tribunals Reforms law, citing violations of separation of powers and judicial independence. The court restored earlier directions on tenure for tribunal members.