Demand for Ordinance on Ram temple grows within BJP, Sangh affiliates

Demand for bringing an Ordinance for early construction of Ram Temple at Ayodhya grew stronger on Monday within the BJP and various Sangh Parivar outfits, while the Congress called for restraint and awaiting the Supreme Court verdict without linking the issue with votebank politics. The decision is being delayed under pressure from the Congress. People […]

CCTNS will help in containing crime and criminality: Ahir

Hansraj Gangaram Ahir said that in a huge democracy like India, having population of 130 crore, CCTN System and associated technologies can help us get information quickly and track the criminals Ahir said that all States/UT should effectively use it  to contain the crime. For this all the States/UTs should coordinate  and integrate the various […]

India tops as Asia’s most investment savvy economy: Standard Chartered

India is Asia’s most investment savvy economy and more than two-thirds of the country’s affluent class prefer to use various investment products to achieve their financial goals and greater social mobility, says a study. According to a new Standard Chartered study of 11,000 emerging affluent consumers across Asia, Africa and the Middle East, 68 per cent […]

Backing Viral Acharya, union asks government to stop nibbling at RBI’s autonomy

Reserve Bank employees association Monday came out in support of the views saying undermining the central bank is a recipe for disaster and government to stop nibbling at its autonomy. We firmly hold that undermining the central bank is a recipe for disaster and government must desist, All India Reserve Bank Association said in a […]

Cadre for Social Security Schemes in the pipeline

The government is planning to create a cadre of central services to manage social security schemes as it looks at overhauling the entire structure and function of retirement fund body Employees Provident Fund Organisation (EPFO). The idea is to hire officers and send them on deputation to run state social security boards that have been […]

Jaitley to chair FSDC meeting today even as RBI, govt lock horns in public

Finance Minister Arun Jaitley will chair the 20th meeting of the Financial Stability and Development Council on Tuesday. The FSDC is an apex body which also consists of chiefs and senior officials of all the financial sector regulators in India. There have been a number of flashpoints between the Centre and the Reserve Bank of […]

RBI vs govt: Senior bankers too unhappy with Urjit Patel

It’s not just the government that seems to have problems with the RBI governor. A large section of senior bankers has been unhappy with Urjit Patel for a long time because of his inflexibility on norms for recognising bad loans which they say do not factor in ground realities and have made it difficult for banks to […]

IL&FS crisis: Normalcy to return to system in couple of weeks, says SBI Chief

In wake of the IL&FS crisis, efforts are underway by the Indian government, RBI as well as SBI to try and stabilise the system very quickly and things are likely to return to normal in a couple of weeks, Rajnish Kumar said. Kumar said that the Infrastructure Leasing and Financial Services (IL&FS) was a unique […]