Bangladesh Cricket Board president Amin ul Islam has arrived in Lahore ahead of a virtual meeting involving the PCB and ICC, amid efforts to resolve the standoff over Pakistan's proposed boycott of its T20 World Cup match against India.
PCB writes to ICC to invoke 'force majeure', global body asks for justification
The International Cricket Council has sought an explanation from Pakistan on how the 'Force Majeure' clause can be invoked to justify the team's refusal to play the T20 World Cup match against India.
Pakistan Cricket Board chairman Mohsin Naqvi on Sunday met his Bangladesh counterpart Aminul Islam and ICC deputy chair Imran Khwaja in Lahore, even as efforts to resolve the standoff over Pakistan's proposed boycott of the high stakes T20 World Cup match against India gather pace.
Maduro raised questions over the legality of his arrest during his first appearance before a US federal court in New York, claiming he was detained at his residence in Caracas, Venezuela, CNN reported.
Dhurandhar's most dangerous idea is that Director Aditya Dhar envisions an Indian state run by a deep state -- an intelligence machinery not accountable to Parliament, courts, or voters. A future political system where unelected officials decide when Indian democracy is 'fit' to function, observes Syed Firdaus Ashraf.
Sack Gambhir before he damages any more careers, if you must. But it cannot stop there. The project ahead must be bigger, more ambitious, and far more urgent: Rebuilding the spine of Indian cricket from the grassroots up, and giving the Test team the seriousness it deserves. Only then will Indian cricket stop lurching from one crisis to another and begin, once again, to imagine greatness, suggests Prem Panicker.
Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.
Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay.
While Asim Malik's role in Pakistan's recent warming up of relations with the US is acknowledged, army watchers note a recent distancing, what with Asim Munir not wanting his DG, ISI to share the limelight during his subsequent sojourns to Tampa and Brussels, points out Rana Banerji, who headed the Pakistan desk at RA&W.
Cabinet approves Khelo Bharat Niti, says it will bring India into top-5 of world sports
Khelo Bharat Niti: Regulatory bodies for better sports administration but will IOA, NSFs play ball?
Akshay Kumar's superhero-without-the-cape act will supersede the sheer magnitude of the story, expects Mayur Sanap.
The revised ceiling will be within the Rs 10 lakh mark.
'If you look around the world at people of colour, religion, caste, sexuality or any of the marginalised communities, we are always talking in numbers.' 'We are always assigning them a statistic.' 'That is an easy way to assuage your urban guilt. Because you hide your apathy with hollow sympathy.' 'We are, in a way, making them invisible.'
'The Congress submitted four names to the government as the people who should accompany the delegation.' 'I don't know what happened to those names.' 'When I was approached, I told them to speak to my party.' 'I have no further involvement with this delegation.'
The National Company Law Appellate Tribunal (NCLAT) has allowed state-owned Canara Bank and Indian Bank to pursue proceedings against former IL&FS directors, who are not part of the new board, to declare them as wilful defaulter. However, the appellate tribunal said those directors who are part of the new board of Infrastructure Leasing & Financial Services (IL&FS) and its various subsidiaries after October 1, 2018, would remain protected.
Some of his directives had the Supreme Court judges disclose their assets whereas the row over the discovery of cash from a sitting judge's official residence paved way for inquiry.
The Reserve Bank on Friday superseded the board of the city-based Abhyudaya Cooperative Bank on concerns emanating from "poor governance" and appointed an administrator to manage the affairs of the lender. In what can be seen as a step that should allay depositors' concerns, the central bank did not put any restrictions or moratorium on deposit withdrawals because of the comfort it gets on the bank's finances, according to people in the know. "(The) action is necessitated due to certain material concerns emanating from poor governance standards observed in the bank.
India on Monday imposed a 12 per cent provisional safeguard duty for 200 days on five steel product categories, including hot rolled coils, sheets and plates, to protect domestic players from surge in imports. The decision follows a recommendation for the same by the Commerce Ministry's investigation arm DGTR. Last month, the DGTR suggested to impose the duty.
The Reserve Bank on Monday superseded the boards of Srei Infrastructure Finance as well as Srei Equipment Finance, citing concerns over governance and payment defaults, and decided to refer the two NBFCs for resolution under the insolvency law. This is only the second time in as many years that the Reserve Bank of India (RBI) is referring entities for the resolution process under the Insolvency and Bankruptcy Code (IBC) after taking first ever such step in the case of DHFL back in 2019. Superseding the boards of the crisis-hit Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL), the RBI has appointed Rajneesh Sharma, former Chief General Manager of Bank of Baroda as the administrator to manage the affairs of the two companies.
The debt-ridden IL&FS group has discharged Rs 45,281 crore to its creditors as of March 2025, completing the resolution of its 197 entities, according to the latest status report affidavit filed before the insolvency appellate tribunal NCLAT. This is 18.9 per cent higher than Rs 38,082 crore, the amount of debt that stood resolved from the last status report filed by IL&FS six months before on October 28, 2024.
The RBI said the board has been superseded "in view of the defaults by RCL in meeting the various payment obligations to its creditors and serious governance concerns which the Board has not been able to address effectively". It has also appointed Nageswar Rao Y (ex-executive director, Bank of Maharashtra) as the administrator of the NBFC.
The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said Department of Economic Affairs (DEA) secretary Ajay Seth on Monday. "Co-operative banks in the country are generally quite robust, and the RBI takes regulatory action whenever issues arise.
Currently, deposits of up to Rs 5 lakh are covered under the deposit-insurance scheme.
Delhi University (DU) has informed the Delhi High Court that it is willing to show its records on Prime Minister Narendra Modi's degree to the court, but not disclose it to "strangers" under the Right to Information (RTI) Act. The university's solicitor general, Tushar Mehta, argued that the "right to privacy" superseded the "right to know" in this case, and that allowing disclosure would expose the university to RTI applications for information about lakhs of its students. The court has reserved its verdict on the matter.
Superseding the boards of two non-banking financial companies (NBFCs) in the Srei group will neither create liquidity challenges for sound entities, nor build systemic crises because the markets have factored in the problems with the Kolkata-based firms. Such regulatory steps will help in making the NBFC space more robust, bankers and market experts said. The action should have begun earlier because the Reserve Bank of India (RBI) had done a special audit last financial year and asked the group to make provisions for assets considered stressed, analysts said.
You can e-mail your pictures to getahead@rediff.co.in (My Lord Ganesha Pix) with your name, location, details about your Lord Ganesha and what this festival means to you. We will publish the best entries right here on Rediff.com.
He was one of the contenders for the top slot in the foreign service, which has gone to 1972 batch officer Menon, India's High Commissioner to Pakistan.
IL&FS group has discharged debt of Rs 38,082 crore to its creditors as of September 30, 2024, according to the latest status report affidavit filed by the debt-ridden firm before insolvency appellate tribunal NCLAT. "As on September 30, 2024, the total debt discharged to creditors of the Respondent No 1 (IL&FS) Group aggregates to Rs 38,082 crore," the status report said. This includes Rs 20,289 crore from monetisation of assets, Rs 8,140 crore from auto-debits, green entity principal servicing, NFB release and Rs 9,653 crore from interim distribution.
Congress leader Rahul Gandhi criticized the BJP for claiming to protect the Constitution while citing V D Savarkar's remarks that there was nothing Indian about it. He also drew parallels to the story of 'Eklavya' to illustrate the BJP's alleged economic policies hurting small businesses and farmers. He further supported the removal of the 50 percent cap on reservations and advocated for a caste census.
Chief Justice of India DY Chandrachud has set in motion the process of appointment of his successor by recommending to the Centre the name of senior-most Supreme Court judge Justice Sanjiv Khanna.
Justice Khanna, who will serve as CJI for a little over six months, will demit office on May 13, 2025.
The AAP hailed a Delhi court granting bail to Satyendar Jain describing the decision as a victory of truth and the defeat of another BJP "conspiracy".
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
Justice Sanjiv Khanna, who has been part of several landmark Supreme Court judgements such as scrapping the electoral bonds scheme and upholding abrogation of Article 370, will be sworn in as the 51st Chief Justice of India on Monday.
Djokovic described beating Carlos Alcaraz to claim the Olympic singles gold medal at the fifth attempt as the biggest achievement of his career on Sunday.
The Congress accused the BJP-led government of "destroying parliamentary norms" by ignoring the claim of Suresh, a eight-term Lok Sabha member, to the post of the pro-tem Speaker.
This step was taken in view of the poor management of the bourse.
'We think he is a deserving captain and we will see how he fits into the role.'
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances