New Delhi, Mar 13: Government and RBI were today on the same page cautioning against overstating bad loan crisis in banks lest it hampers the lending operations, while markets regulator Sebi barred wilful defaulters from raising public funds and taking control of listed firms, as a controversy raged over massive default by Vijay Mallya. Finance Minister Arun Jaitley and RBI Governor Raghuram Rajan
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New Delhi, March 12: Congress leader Ghulam Nabi Azad today kicked a row after he sought to draw a parallel between RSS and terrorist outfit ISIS, evoking sharp responses from the Hindutva outfit and BJP, which demanded an apology from him. "So, we oppose organisations like ISIS, the way we oppose RSS. If those among us in Islam too do wrong things, they are no way less than RSS," the Leader of
New Delhi, Mar 12: Cracking its whip on 'wilful loan defaulters', markets regulator Sebi has decided to bar them from raising public funds through stocks and bonds as also from taking board positions at listed companies -- a move that would disqualify beleaguered Vijay Mallya from various posts. Besides, Sebi has also decided to bar such defaulters from setting up market intermediaries such as
New Delhi, Mar 12: India today voiced concerns over talks of scrapping non-immigrant H1B visa for professionals by the Republican presidential candidate Donald Trump, saying such a move would impact export-led growth. "My concern is that Donald trump in last debate, said H1B, whatever it is, I use it but I don't like it. I want to scrap all H1B. That's very worrying for export-led growth going
New Delhi, Mar 12: The government will continue to push for reforms, Prime Minister Narendra Modi asserted on Saturday. "My agenda for reform to transform is yet to be finished," Mr Modi said the 'Advancing Asia' conference in New Delhi. India, he said, has dispelled the myth that democracy and rapid economic growth cannot co-exist. He was speaking on the addressing at the summit hosted by his
New Delhi, Mar 12: A fresh poster issuing death threats to JNU student leaders Kanhaiya Kumar, Umar Khalid and Anirban Bhattacharya, who are facing charge of sedition, reportedly appeared in New Delhi on Friday, days after a similar poster announced a reward of Rs 11 lakh on Kumar which landed a man in jail. An image of the poster was circulated on WhatsApp and shared on social media with a
Hyderabad, Mar 12: Indian National Congress topped the chart of political parties in India by declaring the highest total income at Rs 1,687.12 crore, followed by the BJP, for the period 2010-11 to 2013-14, according to a report by the Association for Democratic Reforms (ADR). "The total income of national parties, excluding BJP, INC and the Nationalist Congress Party for 2014-15, collectively for
Ahmedabad, Mar 11: One of the two 220 MW units of Kakrapar Atomic Power Station(KAPS) in Gujarat's Surat district was today shut down after leakage of heavy water and a temporary emergency situation was declared but there was no radioactive leak and all workers are safe. According to officials, the leakage of heavy water that is used in cooling off the nuclear reactor core was detected around 9 am
New Delhi, Mar 11: The Aadhaar Bill, aimed at providing a unique identity to the residents, was passed in the Lok Sabha today. The bill also serves the purpose of ensuring that the government's subsidies reach the beneficiaries. The Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Bill, 2016, was passed by a voice vote after a brief debate, during which Finance
New Delhi, Mar 11: Under fire from the media, politicians and middle class, liquor baron Vijay Mallya, who owes Rs 9,000 crore to various banks, has reiterated that he is not an absconder but an international business man who travels to and from India frequently. Mallya had left the country on 2 March, the day the State Bank of India filed a petition in the Bengaluru debt recovery tribunal seeking