Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.
Trump said the sanction will deny the Iranian Supreme leader access to financial instruments.
Kolkata Knight Riders pacer Harshit Rana has been fined 60 percent of his match fees for breaching the IPL Code of Conduct during his team's four-run victory over Sunrisers Hyderabad at the Eden Gardens on Saturday.
A bench of justices Sanjiv Khanna and Dipankar Datta referred to a larger bench, preferably of five judges, for in-depth consideration of three questions on the aspect of "need and necessity of arrest" under the Prevention of Money Laundering Act (PMLA).
In KKR's IPL opener against SRH on March 23, Rana committed two Level 1 offences under Article 2.5 of the IPL's Code of Conduct. He was fined 10 per cent and 50 per cent of his match fees for the two respective offences.
'It is in the interest of China and Pakistan to give a bad name to the Indian Army and remove AFSPA 'completely' from the north east.' 'Hopefully, better sense will prevail and the ground realities of the army countering insurgency in the north east acknowledged,' asserts Lieutenant General Prakash Katoch (retd).
The Reserve Bank on Monday barred IIFL Finance Ltd from disbursing gold loans, with immediate effect following multiple supervisory concerns, including serious deviations in assaying and certifying the purity of the yellow metal. A leading financial services provider, IIFL Finance offers a range of loans and mortgages. The latest directions from the Reserve Bank of India (RBI) pertain to only the gold loan business.
'The strategy of frontal organisations of the Maoists is to create unrest and ensure that such unrest leads to a law and order problem.' 'To cover such acts it was necessary to bring in a different definition of unlawful activities which is different from the definition of unlawful activities in the UAPA.'
The major security breach in Parliament on Wednesday brought to the fore shortcomings in the security protocol, driven in part by the shortage of parliamentary staff assigned to enforce it, a point made by some leaders in the all-party meeting convened by Lok Sabha Speaker Om Birla.
Capital markets regulator Sebi on Thursday barred JM Financial Ltd from taking new mandate for acting as a lead manager for any public issue of debt securities, for indulging in unfair trade practices. However, in case of existing mandates, JM Financial can continue to act as a lead manager for public issue of debt securities for a period of 60 days, Sebi said in its interim order.
Jain, who is behind bars in connection with a money laundering case, was accused of extorting Rs 10 crore from an inmate, Sukesh Chandrashekhar, for providing him protection in the jail, they said.
Although the credit for acquiring the technological skill must be given to India's outstanding nuclear scientists, the decision to go nuclear was a political one that entailed clarity of vision, courage and resolve, points out Rup Narayan Das.
Predictably, many RJD leaders, including its spokesperson Sarika Paswan, shared the video of Kumar who had lambasted the party's president Lalu Prasad and the latter's wife Rabri Devi for their alleged dismal performance as chief ministers of Bihar.
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