Guilty participants face temporary or permanent stoppage of access to markets The Reserve Bank of India (RBI) on Friday issued the draft guidelines on prohibiting market abuse, which propose to debar errant participants from accessing the market. “Participants found guilty of market abuse may be subject to regulatory action, including …

Only 10 States have revenue deficit of over 20%, says Jaitley The average revenue shortfall of States due to the Goods and Services Tax has fallen to 13% in the ongoing financial year up to August 2018, from 16% in 2017-18, Finance Minister Arun Jaitley said on Friday after the …

There is a dire need to develop and deepen the debt market, says the MD of Sundaram Finance Rates may have eased in the shorter-end with the Reserve Bank of India (RBI) relaxing the SLR (statutory liquidity ratio) norms but liquidity, especially in the longer-end, is a challenge, according to …

Bank had to cut promoters’ stake to 40% by August 22 which was not done The Reserve Bank of India (RBI) has cracked the whip on Bandhan Bank freezing the remuneration of its MD and CEO Chandra Shekhar Ghosh for not bringing down promoters’ shareholding in the bank to 40% …

Garden Reach extends IPO closure date, lowers price band to get fully subscribed The underlying weakness of the secondary markets and increased volatility have taken a toll on the primary market with two issues, including a government-backed offering, facing difficulties in getting fully subscribed. Garden Reach Shipbuilders & Engineers — …

Pakistan blames India for ‘blocking regional integration’ Terrorism remains the single largest threat to peace and stability in South Asia, External Affairs Minister Sushma Swaraj told an informal meeting of her counterparts from the region on the sidelines of the UN General Assembly (UNGA). Ms. Swaraj left the meeting after …

Prime Minister asks Pakistanis to crowdfund $14 billion to build dams It’s a far cry from those sponsored Facebook posts asking you to invest in a start-up’s new digital watch or an unbreakable phone case. But Prime Minister Imran Khan wants Pakistanis to crowdfund a whopping $14 billion for desperately …

But Foreign Minister says they do not want to challenge America’s pre-eminence China on Friday denounced “blackmail” by President Donald Trump over trade but insisted it had no plan to challenge U.S. pre-eminence, as relations between the world’s two largest economies deteriorate. Days after Mr. Trump slapped $200 billion in …

They will get Rs. 4,335 crore in Central grants The financial powers of the panchayats in Jammu and Kashmir are being enhanced 10 times from Rs. 10,000 to Rs. 1 lakh, Union Home Minister Rajnath Singh said on Friday. The panchayat polls in the State would pave the way for …

Assam has witnessed a 10-fold rise in child marriages since 2015-16 with 317 instances recorded during 2017-18, said Social Welfare Minister Pramila Rani Brahma in the Assembly on Friday. Kamrup district with 59 such instances this year topped the list.PTI Source : https://www.thehindu.com/todays-paper/tp-national/317-child-marriages-in-assam-during-2017-18-minister/article25076623.ece

A deity in a temple does not have constitutional rights, Justice D.Y. Chandrachud wrote in his separate opinion. Fundamental rights are meant for individuals, not deities or idols. Justice Chandrachud was countering arguments that the right to preserve the celibacy of the deity in the Sabarimala temple is a “protected …

Swedish Air chief on tech transfer If India chooses the Gripen fighter jet, then the choice of the private Indian company to partner with Sweden’s SAAB to build the aircraft should be the Indian Government’s and “nobody else’s”, Swedish Air Force chief Major General Mats Eric Helgesson said on Thursday. …

The Supreme Court dismissed the argument that the prohibition was an essential part of religion. The Chief Justice said the inclusion of women, rather than their exclusion, is the essential part of the Hindu religion. ‘Nature not changed’ “By allowing women to enter Sabarimala temple for offering prayers, it cannot …

  Global Language Park in Pune to promote linguistic diversity In what is certainly the first such experiment in the country, and perhaps the world, the eminent linguist Ganesh Devy plans to set up a Global Language Park ( bhasha van in Hindi) in Pune. It will be located on …

Kerala government will have to scale up security and provide more facilities Crowd management and scaling up of security infrastructure in Sabarimala and its precincts to host thousands of women pilgrims following the Supreme Court verdict will throw new challenges for the Kerala government and the Travancore Devaswom Board. Board …

Rationality can’t be invoked in this: Justice Indu Malhotra Judges should not impose their personal views, morality or rationality with respect to the form of worship of a deity, Justice Indu Malhotra on Friday wrote in her judgment, dissenting with the majority verdict to open up the Sabarimala temple for …

The district has now become the grain basket of the State, says Chief Minister Patnaik In the 1980s, Kalahandi was a synonym for poverty. Today, Odisha’s western district is ready to shed its image of being a land of perpetual poverty. The progress made by the district in different fields …

Justice Chandrachud calls to balance group rights with individual freedoms Justice D.Y. Chandrachud, in his separate opinion in the Sabarimala case on Friday, proposed a new method on how courts should deal with ecclesiastical matters of religion and faith. The judge observed that courts should adopt a deferential attitude to …

Orders preparation of action plans within two months Taking suo motu cognisance of a report in The Hindu on the increase in polluted river stretches in the country, the National Green Tribunal (NGT) has directed all States and Union Territories to prepare action plans within two months. Stating that the …

Inaugurates Parakram Parv to celebrate anniversary of surgical strikes Prime Minister Narendra Modi addressed the annual Combined Commanders Conference in the Air Force Station Jodhpur on Friday and stressed on the need for “jointness” among the three services. The stress was of the speech was on “jointness” and the need …