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Jaipur: In a major boost to the Rajasthan economy, Prime Minister Narendra Modi will inaugurate the first phase of the HPCL Rajasthan Refinery in Balotra district on April 21. Chief Minister Bhajan Lal Sharma informed this on X on Tuesday late at night. The scheduled commercial operation date of the project is July 1st, 2026. At the same time, the Cabinet Committee on Economic Affairs, chaired by Prime Minister Modi on Wednesday, has approved the revision of HPCL Rajasthan Refinery Limited (HRR ...Read More >
New Delhi: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the revision of the HPCL Rajasthan Refinery Limited (HRRL) project cost from Rs 43,129 crore to Rs 79,459 crore and additional equity investment of Rs 8,962 crore by the Hindustan Petroleum Corporation Limited (HPCL). The total equity investment of HPCL after the increment will be Rs 19,600 crore, according to an official statement. HRRL is a 9 million metric tonnes per a ...Read More >
Kolkata, Apr 8 (PTI) The Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), S Mahendra Dev, on Wednesday said that the Indian Rupee is expected to stabilise around the 92-93 level against the US dollar and expressed optimism that foreign investment flows will improve in the near future as geopolitical tensions ease and macroeconomic fundamentals remain strong. He also said that India must sustain 7-8 per cent growth and reforms to achieve developed nation status by 2047, ...Read More >
The Securities and Exchange Board of India (SEBI) is planning a joint initiative to build the capacity of independent directors and strengthen corporate governance through collaboration with regulators, industry, professional bodies and academic institutions, Chairman Tuhin Kanta Pandey said. "SEBI will seek to embark on a joint initiative for capacity building of independent directors at scale with a view to further improve corporate governance," he said at the CII corporate governance summit ...Read More >
Summary The proposed initiative, still taking shape, will bring together industry, academic institutions and professional bodies to expand both the supply and capabilities of independent directors, Sebi chairman Tuhin Kanta Pandey said on Monday. India's market regulator is working on a collaborative framework with corporates, academia and professional bodies to expand the pipeline and effectiveness of independent directors, even as recent boardroom tensions at HDFC Bank sharpen scrutiny on go ...Read More >
Bengaluru -- The International Atomic Energy Agency on Monday said it could confirm recent military strikes near Iran's Bushehr nuclear power plant, but that the facility itself was not damaged. The UN atomic watchdog said that the confirmation was based on its independent analysis of new satellite imagery and detailed knowledge of the site, adding that one strike had hit only 75m from the site perimeter. Last week the agency had said it had been informed by Iran about a projectile striking cl ...Read More >
NEW DELHI: The Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Monday said that escalating tensions in West Asia are disrupting global energy flows, putting pressure on oil and gas supplies and triggering sharp price volatility. In his address at the 19th CII Corporate Governance Summit, he cautioned that the ongoing conflict could have far-reaching implications for the global economy. Pandey said the current crisis adds to a series of shocks that businesses and re ...Read More >
New Delhi, April 6 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Monday said that escalating tensions in West Asia are disrupting global energy flows, putting pressure on oil and gas supplies and triggering sharp price volatility. In his address at the 19th CII Corporate Governance Summit, he cautioned that the ongoing conflict could have far-reaching implications for the global economy. Pandey said the current crisis adds to a series of shoc ...Read More >
New Delhi: The ongoing war between Iran- Israel- United States, along with its regional allies, is entering a new and more dangerous phase. This is no longer just about military bases or troop movements. Both sides are increasingly signalling that the real targets are the economic engines that keep countries running - energy systems, cloud networks, and the massive data centers powering the digital world. In simple terms, the battlefield is shifting from borders to business infrastructure. In a ...Read More >
Delivering the First Dr Rajendra Prasad Memorial Lecture on 'Constitutionalism beyond rights: Why structure matters' at Chanakya National Law University (CNLU) in Patna, Justice Nagarathna stressed that a "mature federation" must prioritise dialogue and negotiation over litigation, warning that the growing tendency of governments to rush to courts reflects deeper structural concerns. "Increase in conflict between the States of the Union or between the Centre and the States does not augur well f ...Read More >
New Delhi: Neutrality of elections cannot be assured if those who conduct polls are dependent on the contestants, Justice BV Nagarathna of the Supreme Court has said, in a veiled admonishment of the Election Commission. The apex court judge raised a critical concern regarding the structural independence of those tasked with overseeing the ballot while delivering the Rajendra Prasad Memorial Lecture at the Chanakya Law University in Patna Saturday. Citing a 1995 verdict where the Supreme Court ...Read More >
New Delhi, Apr 5 (PTI) Supreme Court judge Justice BV Nagarathna, while highlighting that the Election Commission is the primary institution entrusted with maintaining the integrity of polls, has said if those who conduct elections are dependent on those who contest them, the neutrality of the process cannot be assured. The apex court judge raised a critical concern regarding the structural independence of those tasked with overseeing the ballot while delivering the Rajendra Prasad Memorial Lec ...Read More >
MUMBAI: A structural shift is reshaping India's microfinance sector, with regulated lenders displacing informal sources as borrowing from moneylenders fell to 1% in 2024-25 from 46% in 2011, according to a survey by Microfinance Industry Network and National Council of Applied Economic Research.The survey, which covered 10,342 borrowers across 10 states, shows a maturing market where formal credit has become the primary source of finance for rural and semi-urban households. According to the repo ...Read More >
Shillong, Apr 3 (UNI) Former Meghalaya minister and BJP legislator, Alexander Laloo Hek, has written to Prime Minister Narendra Modi, expressing serious apprehension over the union government's introduction of the Foreign Contribution (Regulation) (FCRA) Amendment Bill, 2026 in parliament. "The proposed amendments raise significant concerns regarding their potential impact on the operational viability, autonomy, and effectiveness of the non-profit sector," Hek argued, while urging the Prime Min ...Read More >
Bengaluru: Institutional investment in India's real estate market remains resilient, with strong domestic demand driving nearly three-fourths of the $1.6 billion inflows in the March quarter, well above the typical 20-50% share seen in the past 4-5 years, according to a report. Both domestic and global institutional firms including HDFC, Kotak, EAAA, Nuvama, Nisus, Rava-Alta, Brookfield, and Blackstone, apart from builders like TRIL, Sattva, and Aurobindo Realty are expected to continue deployi ...Read More >
Prime Minister Narendra Modi on Thursday (April 2, 2026) stressed the need for continuously updating the civil services to meet the changing times and achieve the goal of 'Viksit Bharat'. In a video message at the launch of 'Sadhana Saptah', he said that the country's governance should improve the ease of living and quality of life for citizens daily. Mr. Modi stated that the principle of governance in the country is based on the mantra "Nagrik Devo Bhavah" (citizens are like gods). This mantr ...Read More >
New Delhi, Apr 2 (UNI) Prime Minister Narendra Modi on Thursday addressed the Karmayogi Sadhana Saptah through a video message, marking the foundation day of the Capacity Building Commission, and emphasised the need for a more citizen-focused, technologically adept, and duty-driven administrative system. Extending his greetings to participants, the Prime Minister underlined that governance in India is being guided by the principle of "Nagrik Devo Bhava," placing citizens at the centre of all pu ...Read More >
New Delhi, Apr 2 (PTI) Prime Minister Narendra Modi on Thursday stressed the need to continuously update governance with the rapidly changing times to ensure ease of living for citizens. Highlighting that the core mantra driving the country's administration today is "Nagrik Devo Bhava" (treating citizens as supreme), he said that public service is being reoriented to be more capable and sensitive to the needs of citizens. "Governance is now being given a new identity by making it truly citizen-c ...Read More >
New Delhi [India], April 1 (ANI): Prime Minister Narendra Modi completed his self-enumeration today, marking the beginning of the first phase of Census 2027, relating to house listing and housing operations, the release said. According to the Prime Minister's Office (PMO), PM Modi said that this census is the first time data collection is being done through digital means. It also empowers the people of India to self-enumerate their household details. PM Modi appealed to the people of India to ...Read More >
New Delhi [India], April 1 (ANI): Parliament on Wednesday passed key amendments to the Insolvency and Bankruptcy Code (IBC), with Finance Minister Nirmala Sitharaman stating that the changes aim to address delays, improve recovery outcomes and strengthen investor confidence in India's insolvency framework. The Rajya Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2026, with a voice vote. It had received the Lok Sabha approval on March 30. Replying to a discussion on the bill ...Read More >
New Delhi: VerSe Innovation has appointed P R Ramesh as an independent director on its board and named him chair of the audit committee, as the company looks to strengthen governance ahead of its next phase of growth. VerSe is the parent company of Dailyhunt, Josh, Magzter and NexVerse.ai. The company said Ramesh is a chartered accountant with more than 40 years of experience in financial oversight, corporate governance, regulatory advisory and board leadership. He is the former chairman of De ...Read More >
New Delhi [India], March 30 (ANI): A Public Interest Litigation has been filed before the Supreme Court seeking the establishment of a dedicated Revenue Judicial Service Cadre for adjudication of land disputes across India. The petition, filed by advocate and social activist Ashwini Kumar Upadhyay, calls for structural reforms in the existing system of land dispute resolution. The plea primarily urges the apex court to direct the Centre and State governments to constitute a specialised judicia ...Read More >
Mumbai: Former HDFC Bank part-time chairman and independent director Atanu Chakraborty has revealed that his resignation on March 18 was driven by ethical concerns, not personal conflicts. Speaking to CNBC-TV18 on March 30, he clarified that the decision was based on a difference in understanding of values and ethics. Concerns Over Governance and Systems Chakraborty raised serious questions about the bank's governance practices. He said independent directors are responsible not just for review ...Read More >
New Delhi [India], March 30 (ANI): A Public Interest Litigation has been filed before the Supreme Court seeking the establishment of a dedicated Revenue Judicial Service Cadre for adjudication of land disputes across India. The petition, filed by advocate and social activist Ashwini Kumar Upadhyay, calls for structural reforms in the existing system of land dispute resolution. The plea primarily urges the apex court to direct the Centre and State governments to constitute a specialised judicia ...Read More >
"The Sangh's objective is individual development because only strong individuals can build a strong society and nation," Bhagwat said at a programme to mark the Sangh's 100 years on Sunday, emphasising that the reality of the Rashtriya Swayamsevak Sangh (RSS) cannot be understood from the outside. Some people mistake the Sangh for a paramilitary organisation, others for a service sector body, but the RSS is a social force working beyond these boundaries, he said, speaking on the theme 'Sangh Ya ...Read More >
The demerger is designed to create independent, sector-focused companies with their own balance sheets and leadership teams. Management believes that this will allow each business to pursue tailored growth strategies, attract specialised investors and be valued more accurately by the market. The approval by National Company Law Tribunal (NCLT) of Vedanta Ltd's long-awaited demerger plan on Tuesday, marks a defining moment for one of India's largest natural resources conglomerates. The tribunal' ...Read More >
Mumbai: The long legal wait around Vedanta's demerger has finally ended. The Mumbai bench of the National Company Law Tribunal (NCLT) has approved Vedanta Limited's demerger scheme, giving a major boost to the company and its shareholders. With this approval, Vedanta can now move ahead with plans to split its businesses into separate listed companies. All key approvals from shareholders, creditors, and SEBI had already been received earlier. The NCLT clearance was the last major regulatory hurd ...Read More >
Fifty-six former judges on Friday issued an open letter urging Members of Parliament to withdraw the impeachment notice against Madras High Court judge Justice GR Swaminathan, warning that it undermines judicial independence and pressures judges who do not align with certain political or ideological views. The notice followed Justice Swaminathan's direction, on a petition by a right-wing activist, for state authorities to ensure a sacred lamp be lit at a hilltop temple, contrary to the longstand ...Read More >
New Delhi, Nov 7 (PTI) The Supreme Court on Friday referred to a media report about a stray dog attack on a foreign national in Bengaluru and said such incidents have not only affected public safety and tourism but also the country's image globally. A three-judge special bench comprising justices Vikram Nath, Sandeep Mehta and N V Anjaria referred to the incident in which a Welsh entrepreneur was bitten by a stray dog during a morning run. "This incident underscores that the menace is neither ...Read More >
Addressing a gathering of Indian diaspora earlier, he said his presence at the swearing-in ceremony underscored India's "steadfast support for the government and people of Seychelles". Vice-President C P Radhakrishnan attended the swearing-in ceremony of the President of Seychelles, Dr Patrick Herminie, in Victoria, Seychelles on Sunday on behalf of India. In a post on X, the V-P's office said he had conveyed his greetings and best wishes to the new President on behalf of the government and pe ...Read More >
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