'Any finality in such matters requires political views. We will review it closer to the full Budget.'
Elections to the posts of mayor and deputy mayor of the Municipal Corporation of Delhi that were slated for April 26 were postponed on Thursday, with Lt Governor V K Saxena citing 'unprecedented' circumstances where the chief minister is under judicial custody and cannot discharge his constitutionally obligated functions.
Forest and tribal rights activist Alok Shukla will on Friday receive the prestigious Goldman Environmental Prize -- 2024 for successfully leading a community campaign that saved 4.45 lakh acres of biodiversity-rich forests from 21 planned coal mines in Chhattisgarh.
The notification said the Act will come into force from a date to be announced by the government later.
The Reserve Bank of India (RBI) is precariously balancing two opposing objectives - maintaining easy financial condition in the domestic market, while ensuring external stability - and economists have started taking note. They say India is going through the classic trilemma of the 'Impossible Trinity'. The RBI cannot have an independent monetary policy (setting domestic interest rates) in an environment of an open capital account and flexible exchange rates. What is even more complicated for the central bank now is that financial market stability overlays all the other three objectives.
The Tamil Nadu assembly on Friday once again passed a unanimous resolution urging the Centre to exempt the state from National Eligibility-cum-Entrance Test and allow it to admit students to medical courses based on Plus Two exam marks.
Justices G S Sandhawalia and Harpreet Kaur Jeewan also held the Haryana State Employment of Local Candidates Act, 2020 "ultravires" and said it will become "ineffective from the date it came into force".
'What we have is the bill and the Act passed by Parliament.' 'And then there is a criterion of exclusion as to who will not be covered in EWS.' 'Beyond that, we have no clue where this idea came from.' 'And most importantly, why is it 10% reservation, and say why not 15% or 20%?'
Thirteen years after 56 people were killed in a series of bomb blasts in Gujarat's Ahmedabad, a special court in the city has concluded the trial against 77 accused, while reserving its verdict in the matter.
Khedkar, a 2023 batch Indian Administrative Service officer, was accused of misusing power and privileges during her training in Pune recently.
One, she knows just the right way to pose. Two, she'll be your sunshine on a cloudy day.
In a complaint to the Karnataka Chief Electoral Officer, the Congress mentioned about a video uploaded on social media platform 'X' by the official account of Karnataka State Bharatiya Janata Party @bjp4karnataka which is operated by Amit Malviya, the head of IT cell on instructions of J P Nadda, BJP national president, B Y Vijayendra, BJP state president and social media in charge- Karnataka BJP on May 4 at 5.34 pm.
A special court for cases against MPs and MLAs in Mumbai was hearing a review petition filed by Banerjee against a summons issued against her by a local magistrate's court in connection with the case.
The Supreme Court on Thursday reserved its verdict on a batch of petitions challenging the Karnataka high court judgment refusing to lift the ban on hijab in educational institutions of the state.
Given the reality of the disparity and the enormous shift over the last 50 years, this can be done without an open and frank conversation with the people, something that has not begun and, knowing the style of our leader, is not expected to begin, asserts Aakar Patel.
Right to apprenticeship, legal guarantee for MSP, passing a constitutional amendment to raise the 50 per cent cap on reservations for SCs, STs and OBCs, a nation-wide caste census and scrapping of Agnipath scheme are among the promises made by the Congress in its Lok Sabha polls manifesto released on Friday.
The BJP cited the amendments to the Representation of People Act, 1951 and the relevant portions of the Reserve Bank of India Act and the Income Tax Act for not revealing its donors.
Patil said Shinde during his Dussehra speech at Azad Maidan in Mumbai assured the community of reservation.
The Aam Aadmi Party has fielded Karamjit Anmol, while the BJP has named North West Delhi MP Hans Raj Hans from Faridkot, a reserved parliamentary constituency.
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
'In spite of all these days behind the bars, none of those who have been arrested is repenting their decision to stand against the injustice of this government.'
The Directorate of Enforcement (ED) has launched a preliminary investigation or a pre-open inquiry into alleged violations related to the Foreign Exchange Management Act (Fema) in the Paytm Payments Bank case, according to sources in the know. The probe follows serious concerns raised by the Reserve Bank of India on multiple violations by the Paytm bank, which is a joint venture between One97 Communications, which is the parent company of Paytm, and the group's founder Vijay Shekhar Sharma.
As news of Hasina's departure spread, hundreds broke into Hasina's residence, vandalising and looting the interiors, providing dramatic expression to the anti-government protests that have killed more than 100 people in the last two days. At the centre of people anger is the Hasina government's controversial quota system reserving 30 per cent jobs for families of veterans who fought the 1971 liberation war. With volatile crowds taking to the streets -- some clambering on Hasina's father and Bangladesh founder Sheikh Mujibur Rahman's statue and smashing it with hammers in a lasting image underscoring the fickleness of history -- Army chief General Waqar-uz-Zaman announced that the 76-year-old prime minister has resigned.
The Reserve Bank of India on Tuesday barred state-owned Bank of Baroda from onboarding fresh customers on its mobile application 'bob World' with immediate effect, citing material supervisory concerns. "The Reserve Bank of India has, in exercise of its power, under Section 35A of the Banking Regulation Act, 1949, directed Bank of Baroda to suspend, with immediate effect, any further onboarding of their customers onto the 'bob World' mobile application," it said in a statement.
"Last time I stood, I was not allowed to speak. The ruling party paid a very heavy price for throttling the voice of one MP," she said, referring to her suspension in the last session.
The Supreme Court, examining whether states can sub-classify Scheduled Castes and Scheduled Tribes for grant of quota inside quota, on Wednesday said all SCs and STs may not be homogeneous in terms of their sociological, economic, education and social status.
The National Payments Corporation of India on Thursday granted approval to Paytm-owner One97 Communications Ltd to participate in UPI as a Third-Party Application Provider (TPAP) under the multi-bank model. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm.
Lawyers have pointed out that the new laws increase police powers by extending the maximum limit of police custody from 15 days to 60 days or 90 days.
Following is the chronology of events in the case in which a five-judge Constitution Bench of the SC upheld the 2010 Delhi high court verdict which said that the office of the Chief Justice of India falls under the ambit of RTI Act.
The Delhi high court on Friday said the trial court order granting bail to Chief Minister Arvind Kejriwal shall not be given effect to till it hears the Enforcement Directorate (ED)'s plea challenging the relief granted in the money laundering case linked to the alleged excise scam.
The 69-year-old was medically examined before being sent to a separate cell in the prison, officials said.
Grappling with the intractable issue of Aligarh Muslim University's minority status, the Supreme Court said on Thursday the 1981 amendment to the AMU Act, which effectively accorded it a minority status, only did a "half-hearted job" and not restore to the institution the position it had prior to 1951.
JM Financial on Wednesday said it had a "careful and detailed review" of the Reserve Bank's order imposing restrictions on the company's financing business and asserted that there was "no material deficiencies" in its loan sanctioning process. The Reserve Bank on Tuesday imposed restrictions on JM Financial Products Ltd after it found the company indulged in various manipulations, including repeatedly helping a group of its customers to bid for various IPOs (initial public offerings) by using loaned funds. "After careful and detailed review of the order issued by the RBI on the action against JM Financial Products Ltd, we strongly believe that there have been no material deficiencies in our loan sanctioning process.
The poll results show that the BJP has increased its base among the SC, ST communities in the state. However, the party's prominent tribal face and Union minister Faggan Singh Kulaste lost the election.
The apex court rejected the preliminary objection raised by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) that Aam Aadmi Party leader Manish Sisodia cannot be permitted to file second set of special leave petitions to challenge the Delhi high court's May 21 verdict which denied him bail in the excise policy cases.
Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. "Surinder Chawla, managing director and CEO of PPBL, has tendered his resignation on April 8, 2024, on account of personal reasons and to explore better career prospects.
The high court also said that Kejriwal's absence cannot allow students to go through the first term without free text books, writing material and uniform in schools under the Municipal Corporation of Delhi.
The NCP leader asked how suddenly a number of records showing Marathas as belonging to the Kunbi caste were being found.
'Right to apprenticeship means that anyone below the age of 25 years with a diploma or other qualifications can demand an apprenticeship with a private, a public sector company or a government organisation. And when he/she demands this, it is the obligation of the government to provide it.'
'If you invest in sovereign gold bond, you are going to get the price rise of gold over an eight year period.' 'You're also going to get that two-and-a-half percent which the Government of India is willing to give you, treating the money that you've invested in the sovereign gold bond as a kind of a FD or a deposit.' 'That kind of return you can never get anywhere else.'