In an interview with Santosh Tiwari, Sebi Chairman U K Sinha also says he is not against consent orders, but is in favour of a predictable and transparent process.
Commercial banks are also expected to be soft on loan repayments and restructure the loans, if not write them off.
For some of the business majors, the fund outgo for the 2019 elections has risen as much as 15 to 20 times, compared to the amount given to political parties five years ago.
The Delhi Police on Thursday said the statements by Twitter on the ongoing enquiry in the 'toolkit' case was mendacious and designed to impede the lawful enquiry.
The idea is to incorporate global best practices in the Indian context.
What is urgently needed are transparent and highly credible mechanisms for mapping actual impacts on the ground -- and sifting the truth from claims made by different sides of the dispute, says Rajni Bakshi.
A bench comprising CJI and Justice Sanjiv Khanna was hearing a PIL filed by NGO Common Cause challenging the appointment of Rao as interim CBI director.
Arun Jaitley has advised banks to take decisions without fear.
India's first auction of spectrum in five years attracted Rs 77,146 crore of bids on the opening day on Monday with Reliance Jio, Bharti Airtel, and Vodafone Idea participating in the bidding process - a response that the government said was better than expected. There were, however, no takers for spectrum in 700 MHz and 2500 MHz bands on the first day, and the auctions will continue and conclude on Tuesday. About 2,308.80 MHz of spectrum, that carry telecom signals, in seven bands worth nearly Rs 4 lakh crore at the reserve or start price, was offered for bidding in the auction that began on Monday. Communications Minister Ravi Shankar Prasad said Rs 77,146 crore worth of spectrum was bid on the first day but there were no takers for the airwaves in the premium 700 MHz as also 2500 MHz bands.
'China is unwilling to restore the status quo ante of April 2020.' 'India will have to weigh its options based on this premise.'
Capital markets regulator Sebi on Tuesday asked listed companies to work towards splitting the roles of chairman and managing director before the April 2022 deadline, as the new directive is not aimed at weakening the position of promoters. Listed entities were initially required to separate the roles of chairperson and MD/CEO from April 1, 2020 onwards. However, based on industry representations, an additional time period of two years was given for compliance. The regulation will now be applicable to the top 500 listed entities by market capitalisation, with effect from April 1, 2022.
Andhra Pradesh Chief Minister Nallari Kiran Kumar Reddy has said that providing an efficient, clean and transparent governance and improving the delivery mechanism for the benefit of the poor will be among his top priorities.
The government has already sanctioned Rs 4,200 crore for upgradation of information technology infrastructure of Central Board of Direct Taxes (CBDT) for processing returns, refunds, faceless scrutiny and verification.
The Union ministry of information & broadcasting has constituted a committee headed by Amit Mitra, secretary general, FICCI, to review existing television rating point system (TRP) in India and suggest measures to bring in place an effective mechanism for a transparent TRP system in the country.
Sources further said that Twitter is the only social media platform among the mainstream that has not adhered to the new laws.
IOC said the daily price revision is an initiative for ensuring the best possible prices to the customers as well as improved transparency on the pricing mechanism.
OECD has identified at least four tax jurisdictions -- Jamaica, Qatar, Botswana and Ghana - whose tax information system would be studied to find out if they are emerging as the new tax havens following the crackdown on the existing ones. A unique tax identification number would be akin to a global permanent account number for Indian taxpayers which could remain the same across jurisdictions.
The move, proposed through a draft circular, seeks to introduce greater transparency in pricing credit.
The court also told the attorney general that the new CBI director who would be appointed must "trace the movements of files" during the period when former CBI chief Alok Kumar Verma was reinstated to the post for two days.
Winds of change are blowing across Mumbai's Mint Road.
Majority of respondents feel that the government in the forthcoming Budget will increase the standard deduction and give more incentives for housing loans.
A petition has sought laying down of specific mechanisms to ensure transparency in the process of appointment of CBI director.
D Purandeswari, the Minister of State for HRD, held the same portfolio in the previous ministry as well. She spoke to Mahesh Sarma, on how the ministry is working towards making the Indian education system effective, efficient and transparent.
The petition has sought laying down of specific mechanisms to ensure transparency in the process of appointment of CBI director.
Currently, banks follow system of internal benchmarks, including Prime Lending Rate, Benchmark Prime Lending Rate, Base rate and Marginal Cost of Funds based Lending Rate.
The ministry of electronics and information technology (MeitY) in a press release revealed that the Ministry's Secretary, in a virtual interaction with Twitter officials, expressed his deep disappointment to Twitter leadership about the manner in which it has unwillingly, grudgingly and with great delay complied with the substantial parts of the order.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
While the new norms are part of the draft policy's guidelines to fight counterfeit and fake products on platforms, they might end up helping brands and e-commerce firms sign exclusive sale deals.
Managing team members without daily face-to-face interactions is something we are all learning. However, if we inculcate the following factors in our professional lives, it can help us go a long way in establishing seamlessness and excel at remote leadership
He also sought setting up of a global fund to contain terrorism.
Presently, state-run Oil and Natural Gas Corporation and Oil India Ltd have to bear roughly one-third of the losses on sales of petrol, diesel, domestic LPG and kerosene by way of giving discounts on crude oil they sell to refiners. ONGC and OIL reaped huge profits as crude oil prices rose internationally, prompting the government to consider taking away any earnings over and above $75 per barrel through a WPT.
A private entity using our data for commercial benefits is infinitely more dangerous than a government entity overseeing operations with a defined purpose of internal security oversight, says Sriram Balasubramanian
The service provider has to ensure that outsourcing arrangement to an agency does not absolve them of their responsibility to fulfil their obligation to consumers and it should not affect the rights of consumers against service provider, Trai said. All companies should set up a formal code of conduct for outsourced agency and its employees or agents for collection of outstanding dues from customers.
The Niti Aayog has finalised the first draft of a new national energy policy.
This comes against the backdrop of rising concerns in various quarters about steep fluctuations in airfares.
State's move is seen as a pilot for a national rollout of online land title records. Maharashtra plans to start the system in Mumbai.
The RBI, which has no interest or mechanism to get feedback from bank customers, is unaware of this. If made aware, it remains silent, proving that it has no problem in allowing lenders to short-change its customers, says Debashis Basu.
The agenda for the year 2020 is well laid out -- launch of UDAY 2.0, installation of smart pre-paid metres, prompt payment by discoms, making coal available for short term and reviving gas based plants. But, it has to ensure effective implementation of various policy tweaks done so far.
This could change the way diamonds are traded.
India and Italy inked 15 pacts and finalised an ambitious action plan to further expand their ties following a virtual summit between Prime Minister Narendra Modi and his Italian counterpart Giuseppe Conte that primarily focused on ramping up economic engagement.
