The RBI has changed the way it approached supervision in the past. Having seen a couple of collapses in the NBFC sector and the near-collapse of a few banks, it is focusing on regular drills to prevent a fire from breaking out, explains Tamal Bandyopadhyay.
In his formal complaint dated December 22, 2024, Prabhakaran also accused Chaubey of nepotism and even misusing the brand of FIFA without prior approval from the international body.
'I had to persuade him. I think he was a sceptic to begin with, but later on he was convinced that what we were doing was the right thing to do, that there was no other way out.'
Punjab farmer leader Jagjit Singh Dallewal's health has become critical after 27 days of a fast-unto-death at the Khanauri border protest site. Doctors attending to him have warned that he is at risk of cardiac arrest and multi-organ failure. Dallewal, 70, began his hunger strike on November 26 to pressure the Centre to accept the agitating farmers' demands, including a legal guarantee for MSP on crops. The Samyukta Kisan Morcha (Non-Political) and Kisan Mazdoor Morcha have issued a statement saying that Dallewal's immunity has become very weak due to the continuous hunger strike, putting him at risk of infection. Former Punjab Chief Minister Charanjit Singh Channi met Dallewal at the protest site on Saturday evening and conveyed the concerns expressed by senior Congress leader Rahul Gandhi regarding his health and well-being. The statement also said that candle marches will be taken out across the country on December 24 in support of Dallewal's hunger strike. On December 26, when Dallewal's fast will complete one month, symbolic hunger strikes will be held at tehsil and district levels.
A Hyderabad court granted bail to six people who were arrested for vandalizing the residence of Telugu actor Allu Arjun. The incident sparked a political slugfest with the BJP and the BRS criticizing the Congress government. Meanwhile, Allu Arjun has been issued a notice to appear before police on Tuesday as part of the ongoing probe into a stampede during the screening of 'Pushpa-2'. The incident occurred on Sunday evening, when the six people, claiming to be members of the Osmania University - Joint Action Committee (OU-JAC), damaged flower pots and threw tomatoes at Arjun's residence. They were arrested by police and produced before a local court, which granted them bail on Monday. The incident has been condemned by politicians from various parties, with some alleging a Congress conspiracy.
Prime Minister Narendra Modi and Congress leaders Sonia Gandhi and Mallikarjun Kharge were among the top leaders who paid homage to former prime minister Manmohan Singh at his home in New Delhi on Friday.
Boland is ready to step in once again for Josh Hazlewood, continuing the role of the perfect first substitute that has defined his 11-Test career.
Manu Bhaker has been shockingly ignored for this year's Dhyan Chand Khel Ratna award, a top sports ministry source has asserted
'All the big things happening today in economic development have their beginning in Dr Manmohan Singh's ideas.'
Former Indian Prime Minister Manmohan Singh passed away on Thursday night at the age of 92. He was brought to the emergency department of AIIMS Delhi in critical condition after "sudden loss of consciousness."
'The world's top future champions of shooting are going to converge in India and we are confident that it will give the sport another grassroots boost in the country.'
Jaspal Rana questions Sports Ministry, NRAI for ignoring Manu's credentials for Khel Ratna
The mortal remains of former prime minister Dr Manmohan Singh were consigned to flames at the Nigambodh Ghat in New Delhi on Saturday amid the chanting of religious hymns. The funeral pyre was lit by his eldest daughter Upinder Singh.
A group of persons, claiming to be members of Osmania University Joint Action Committee, on Sunday vandalised flower pots and other things at the residence of top Telugu actor Allu Arjun in Hyderabad.
Varun Chakravarthy had a second coming in international cricket with 17 wickets in his last seven T20Is and 12 of them in South Africa in batting-friendly conditions.
A 39-member parliamentary panel has been constituted to examine the two bills proposing simultaneous elections to the Lok Sabha and state assemblies. The panel, chaired by BJP leader Bhratruhari Mahtab, will include prominent members from various political parties, including the BJP, Congress, SP, TMC, and DMK. The panel is expected to submit its report to the Lok Sabha by the first day of the last week of the next session. The government has decided to increase the committee's strength to include more political parties, highlighting the significance of this proposal to reform the election process in India.
Former chief justice of India D Y Chandrachud on Friday said media reports of him being considered for the National Human Rights Commission chairperson's post were 'untrue'.
Ravichandran Ashwin's father was taken by surprise at his son's sudden retirement from international cricket, hinting that he may have felt humiliated. What do you think?
Much drama is likely to continue in the coming year, within the Sangh Parivar as well as involving the Opposition parties and, of course the BJP's allies, predicts Modi biographer Nilanjan Mukhopadhyay.
Lok Sabha was adjourned sine die on Friday amid protests by opposition and treasury benches over the alleged insult to Dr B R Ambedkar and directions by Speaker Om Birla to members against holding demonstrations at any gate of Parliament.
A parliamentary panel report has attributed the December 8, 2021, helicopter crash that killed India's first Chief of Defence Staff, Gen Bipin Rawat, and his wife, to "human error." The report, tabled in Parliament on Tuesday, also revealed that 34 Indian Air Force aircraft accidents occurred during the 13th Defence Plan period, including nine in 2021-22 and 11 in 2018-19.
The government has moved to increase the strength of the joint committee of Parliament that will scrutinise the two bills proposing simultaneous elections from 31 MPs to 39, giving representation to more parties.
Former Indian Prime Minister Manmohan Singh passed away at the age of 92 on Thursday. He will be given a state funeral with full state honors at Nigambodh Ghat on Saturday. Singh served as Prime Minister from 2004 to 2014 and was known for his role in India's economic reforms. Leaders from across the political spectrum paid their respects to the departed leader, highlighting his contributions to the nation.
Key players like Virat Kohli, Rohit Sharma, and Ravindra Jadeja are expected to consider stepping away from the Test format to make way for a new generation of talent.
Chennai-born Indian American teenager Caitlin Sandra Neil has been crowned Miss India USA 2024 at the annual pageant held in New Jersey.
Fugitive businessman Vijay Mallya has said that he will pursue relief for the Enforcement Directorate and banks taking more than two times the debt he owed. His remarks came following a statement by Finance Minister Nirmala Sitharaman in Parliament about recovery of over Rs 14,130 crore from his attached assets.
"Before the BJP came into existence, its forerunners Jan Sangh and RSS had opposed Babasaheb while the Constitution was being adopted," Prakash Ambedkar, who heads Vanchit Bahujan Aghadi, told reporters in Pune.
India Head Coach Gautam Gambhir finds himself caught between a rock and hard place.
The two 'One Nation One Election' (ONOE) bills, including one requiring an amendment in the Constitution, that lay down the mechanism to hold simultaneous elections were introduced in the Lok Sabha on Tuesday after a fiery debate.
Maharashtra Chief Minister Devendra Fadnavis has re-introduced the Special Public Security Bill in the state assembly, aiming to combat 'urban Naxalism'. The bill, which seeks to criminalize activities deemed to disrupt public order, has faced criticism from opposition parties who argue it could stifle dissent. The proposed law will be referred to a joint select committee for review and is expected to be passed in the monsoon session next year.
'Normally, you tend to look at the end of the series. That's it. In the middle, it is not usual.'
A committee led by Prime Minister Narendra Modi met to select the next chairperson of the National Human Rights Commission (NHRC). Congress president Mallikarjun Kharge and party leader Rahul Gandhi attended the meeting as leaders of the opposition in Rajya Sabha and Lok Sabha respectively. The post has been vacant since Justice (retd) Arun Kumar Mishra completed his tenure on June 1. The committee, which selects the NHRC chief, is headed by the prime minister and includes the Lok Sabha Speaker, home minister, leader of opposition in Lok Sabha, leader of opposition in Rajya Sabha, and deputy chairperson of Rajya Sabha.
The GST Council on Saturday postponed a decision on cutting tax rate on life and health insurance premiums, officials said. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided that some more technicalities needed to be ironed out and tasked the GoM for further deliberations.
Coaching crisis, heartbreaks and Olympic setbacks mark a disastrous year for Indian boxing
The Supreme Court of India reserved its judgment on Tuesday in a case concerning the termination of two female judicial officers by the Madhya Pradesh High Court. The court had previously stated that judges should avoid social media and expressing opinions on judgments, emphasizing a "hermit life" and "work like a horse" approach. The case involves six women civil judges who were terminated for alleged unsatisfactory performance. Four were subsequently reinstated, but two, Aditi Kumar Sharma and Sarita Chaudhary, remained terminated. The court is considering the cases of these two judges, who joined the Madhya Pradesh judicial service in 2018 and 2017, respectively. The court is also considering arguments regarding potential violations of fundamental rights related to the termination process, including claims of unfair work assessment during maternity and child care leave.
India is set to host the World Boxing Cup Final in November next year, reaffirming its support for the breakaway World Boxing (WB) body.
The Congress on Tuesday claimed the bill on holding simultaneous polls was against federalism and 'anti-constitutional', and said the voting at its introduction stage in Lok Sabha showed the Bharatiya Janata Party lacks the two-thirds majority required to pass a constitutional amendment.
Ahead of the introduction of bills on holding simultaneous polls, the government Tuesday said the concept is not new to the country.
The boardrooms of India's large listed companies are steadily expanding as corporate governance standards tighten and regulatory compliance rises. Boards of Nifty 100 companies boasted an average of 10.52 members as of FY24, compared to 9.86 in FY21 and 10.48 in FY23, according to the fifth edition of Excellence Enablers' Survey on Corporate Governance, an initiative led by M Damodaran, former chairman of the Securities and Exchange Board of India (Sebi).
The Indian Parliament will introduce a constitutional amendment bill on Tuesday that seeks to hold Lok Sabha and state assembly elections simultaneously. The bill, popularly known as "one nation, one election", will be introduced by Union Law Minister Arjun Ram Meghwal and is likely to be referred to a joint committee of both houses for wider consultations. The bill also aims to align elections in the union territories of Jammu and Kashmir, Puducherry, and the NCT of Delhi. The move has been met with mixed reactions, with some supporting the idea of reducing election-related expenses and others expressing concerns about its impact on democratic processes.
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