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Tata Sons board unanimous on panel for RBI compliance

RBI rules require upper-layer NBFCs with assets above Rs 1 lakh crore, or with direct or indirect access to public funds, to list MUMBAI: Even as Tata Sons board members remained divided on the reappointment of N Chandrasekaran as chairman, they were unanimous on the need to form a committee to examine options for complying...

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Extremely speedy action by probe agency can create doubt: SC

The Supreme Court acquitted the RPF official, saying the CBI failed to prove that the intermediary accepted the bribe on his behalf. New Delhi: The speed at which CBI sprang into action on a bribery complaint and laid a trap within hours to catch a public servant could give rise to suspicion, which, Supreme Court...

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Pawan Sehrawat replaces Tajinderpal Singh Toor as India’s Asian Games flag-bearer

Pawan Sehrawat Pawan Sehrawat will replace Tajinderpal Singh Toor as India’s flag-bearer at the Asian Games opening ceremony in Nagoya on Saturday after the shot-putter was unable to receive his official kit in time.Sehrawat, a key member of India’s gold-medal-winning men’s kabaddi team at the previous Asian Games, will now join shooting star Manu Bhaker...

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Supreme Court questions alcohol prohibition law, points to 5 ‘evils’

Supreme Court Friday pointed to five “evils” associated with the ban on liquor NEW DELHI: Questioning the efficacy of prohibition, Supreme Court Friday pointed to five “evils” associated with the ban on liquor – revenue loss, money spent on its enforcement, corruption in police, illegal distilling, and result-ant drug menace – while also referring to...

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MHA cites internal security issues to defend FCRA tweak

NEW DELHI: Amid the charge from the opposition that Foreign Contribution (Regulation) Amendment Bill targets institutions run by minorities, especially Christians, Union home ministry asserted Friday that the amendments do not regulate charity but the entry of foreign money into a “sovereign space”, which Centre is fully entitled to protect, and emphasised the law at...

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25% youths in 250 districts not in education or jobs: Survey

The situation is of particular concern in northernIndia (Representative image) NEW DELHI: In nearly 250 districts, more than 25% youth (15-29 age group) are neither engaged in any productive work, nor are they pursuing education or any sort of training for work, highlighting a gap in human capital utilisation.The situation is of particular concern in...

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Trump signs Russia sanctions bill into law, allowing up to 100% tariffs on India

The law now allows Trump to put up to 100% tariffs on Russian oil buyers US President Donald Trump has signed into law a sweeping sanctions package targeting Russia and Iran, giving his administration expanded powers to penalise countries that continue buying Russian oil and gas, including India.The “Lindsey O. Graham Sanctioning Russia and Iran...

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