Life Insurance Corporation of India has asked the Insurance Regulatory & Development Authority to allow it a shareholding of up to 20 per cent in a company.
Security of tenure is important for a bureaucrat to work efficiently. There has to be some rationale behind posting a bureaucrat to a particular department, says former cabinet secretary T S R Subramanian
In a path-breaking verdict, the Supreme Court on Thursday said bureaucrats should not act on verbal orders given by political bosses as it sought an end to frequent transfers and suggested a fixed tenure to insulate them from political interference.
Before the situation in the Naxal-affected areas got out of hand, the Raman Singh government intervened to calm tempers between the police and human rights activists.
Directing them to appear before the ED on April 24, a bench comprising Justice T S Thakur and Justice Kailash Gambhir also rejected the father-son duo's plea seeking copies of all the documents, related to the scam, available with the government. The court was hearing their petition challenging an order by a single judge bench, which rejected their plea seeking copies of all the documents related to the scam.
In a significant move, Mumbai Cricket Association's president Sharad Pawar has decided to attend the Board of Control for Cricket in India's Annual General Meeting, scheduled to be held in Chennai on November 20, after a gap of four years.
The juvenile convict in the December 16 gang rape was on Sunday released and sent to an NGO at an undisclosed destination with police no longer guarding him.
Talking about 'Chinese designs on the Indian Ocean,' Naval cMehta said China had a strategy called `String of Pearls,' as per which it seeks to set up bases and outposts across the globe, strategically located along its energy lines, to monitor and saefeguard energy flows. "Each pearl in the string is a link in a chain of the Chinese maritime presence," he said. "Among other locations, the string moves northwards up to the Gwadar deep sea port on Pakistan's Makran coast.
The rider could be attached to any of the existing group insurance polices under employer-employee groups -- group insurance, employees deposit link insurance, group gratuity and group leave encashment scheme -- on their scheme renewal date, LIC of India Chairman T S Vijayan told reporters at the launch function in Chennai.
21st century may have witnessed expansion of higher educational institutions, but who can afford it? Sushree Panigrahi & Jeet Singh look at the numbers.
Five persons of Indian-origin have been honoured by Indian Overseas Congress, UK, for outstanding work in their respective fields, in a ceremony organised to mark 60 years of Indian independence in London.
Real estate barons Sushil and Gopal Ansal on Wednesday escaped being jailed in the 18-year-old gruesome Uphaar Cinema fire tragedy in which 59 people died.
The apex court is hearing its two-decade-old 'Hindutva' judgement for an authoritative pronouncement on electoral law categorising misuse of religion for electoral gains as "corrupt practice".
The petition seeking urgent hearing was mentioned before Chief Justice T S Thakur, at his residence, who directed the matter to be listed for hearing on Wednesday.
In a setback to CBI which maintained that there was no kickback involved in Rs 16,000-crore Scorpene submarine deal, the Delhi High Court on Thursday directed it to conduct a fresh preliminary inquiry and file a report before it.
The Supreme Court on Tuesday commenced hearing to revisit its two-decade-old 'Hindutva' judgement for an authoritative pronouncement on electoral law categorising misuse of religion for electoral gains as "corrupt practice".
The apex court has also issued notice to Centre, Tamil Nadu and other states where 'Jallikattu' is played.
O P Bhatt replaces A K Purwar who retired as chairman of the country's largest commercial bank on May 31 this year.\n\n
Consumer sentiment seen better than last year's
Recovery is attributed to higher domestic demand, export orders and import by NRIs.
The ED had initiated proceedings against the two for alleged violation of FEMA.
Sahara cousel Kapil Sibal said he was preparing an application.
Interest rates for the short- to medium-term lending are not likely to come down for the time being, said T S Bhattacharyya, the managing director of State Bank of India.
The Supreme Court on Friday agreed to hear on Monday a plea seeking cancellation of bail granted to convicted gangster-turned-RJD leader Mohammad Shahabuddin by Patna High Court in a case pertaining to the killing of a youth in Siwan town of Bihar.
Without giving specific details, Sebi said that SBI was being probed for 'alleged violation of regulations' contained in as many as 11 sections, sub-sections and clauses, including those related to the Code of Conduct, of the Securities and Exchange Board of India (Debenture Trustees) Regulations.
Scandal is a result of callous administrative approach.
A bench comprising Chief Justice T S Thakur and Justice Kurian Joseph "partly allowed" the appeals of the Ministry of Defence against the March 2015 order of Armed Forces Tribunal which had quashed the Centre's 2009 'command exit promotion' policy on the ground that it violated Article 14 (right to equality) of the Constitution.
Of the thousands of railway bridges in India, 36,470 are more than 100 years old, and 6,680 are more than 140 years old! But of these, only 21 rank on the Heritage Directorate of the Indian Railways because for them heritage isn't necessarily a function of age, says Bibek Debroy.
In a strong warning to those disrupting border peace, Home Minister Rajnath Singh has said the country will not hesitate in retaliating if someone fires first and asserted the government is ready to talk to Pakistan over PoK and not Kashmir.
The court said it will pass its order after receiving a report from the Gujarat government whether it would be able to produce Kausar Bi, wife of Sohrabuddin Sheikh, who was branded as a Lashkar-e-Tayiba militant and killed in an encounter.
Dayal, a senior reporter with the Gujarati daily Divya Bhaskar, who broke the story first in November 2006.
Life Insurance Corporation scotched speculation of setting up or acquiring a bank on Wednesday but said it plans to enter credit cards business and manage pension funds.
The Supreme Court came down heavily on cash-rich BCCI on Tuesday, saying the cricket body was running like a "mutually beneficial society" and "practically corrupting" its members by not seeking any explanation on how crores of rupees allotted to them were being spent. While scrutinising the fund allocation and expenses of the Board of Control for Cricket in India (BCCI), the apex court also pulled it up for not giving funds to neglected states for promotion of cricket and said it has done nothing to encourage the game. It was also critical of the discrimination meted out to different states by BCCI and said the states begged for money from the board which follows a "no questions asked" policy as a method to buy votes in a certain manner. Lauding the work done by Justice R M Lodha-led committee for bringing out massive structural change in functioning of BCCI, the bench said "this is not an ordinary panel. It is a committee on which we have complete faith. It is committee of judges and its findings have to be relied upon. We cannot say that the findings are perverse."
Indian Railway's sustenance, freight traffic, - which accounts for about 70 per cent of its revenue - has been plateauing of late.
Politicians and businessmen are causing harm by heading sports bodies, said Supreme Court on Thursday, which while expressing concern over the standard of hockey falling to an 'abysmal low' in the country.
The Supreme Court, which took up the Mudgal committee report on IPL-6 betting and spot-fixing scandal on Friday, has revealed seven of the 13 names being probed.
Religion or caste is a key part of India's political discourse, the Supreme Court observed on Wednesday and asked whether seeking of votes on that basis would amount to "corrupt practice" under the election law.
Sahara group has sought extension of negotiation facilities in the Tihar jail here for its chief Subrata Roy by a further 45 days.
The finance ministry has finalised the top-level reshuffle in public sector banks.
A meticulous probe by Gujarat's CID (Crime) had some days ago indicated that Kausar could have been killed at an isolated place near state capital Gandhinagar.
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