Ashok Gehlot to be Rajasthan Chief Minister, Sachin Pilot his deputy

NEW DELHI: The Congress on Friday named Ashok Gehlot as Rajasthan’s next chief minister and Sachin Pilot his deputy after party president Rahul Gandhi successfully brokered peace between the veteran leader and his younger colleague following several rounds of discussions. After Congress’ observer to the state K C Venugopal made the announcement at a media […]

It is not job of court to deal with comparative details of pricing says Supreme Court on Rafale jets

NEW DELHI: There is no occasion to doubt the decision-making process in the procurement of 36 Rafale jets from France, the Supreme Court said on Friday and dismissed all the petitions seeking an investigation into alleged irregularities in the Rs 58,000 crore deal. There was no substantial evidence of commercial favouritism to any private entity, […]

Insurance policyholders to get SMS on receipt of premium from 2019

NEW DELHI: Insurance sector regulator Irdai has asked all the insurers to inform policyholders through messages on receipt of premium from 1 January, aimed at protecting the interest of consumers. The Insurance Regulatory and Development Authority of India (Irdai) said the order is being issued to enhance the policyholder protection and information. Wherever the mobile […]

Bharat Bhushan Vyas takes oath of office and secrecy as UPSC member

NEW DELHI:Former IAS officer Bharat Bhushan Vyas took oath of office as member the Union Public Service Commission (UPSC) Thursday, a government statement said. Vyas, a 1986-batch Jammu and Kashmir cadre officer, was administered oath of office and secrecy by Chairman UPSC Arvind Saxena. A graduate in Botany, 61-year-old Vyas served in state and Centre […]

Congress single-largest party in Rajasthan with 99 seats; BJP gets 73

NEW DELHI: The Congress has emerged as the single-largest party in Rajasthan, winning 99 seats, while the BJP got 73, the State Election Commission Office said on Wednesday. The Bahujan Samaj Party won 6 seats, CPI(M) 2, Independents 13 and other parties got 6, according to the state Election Commission’s website. The Rashtriya Lok Dal […]

Chhattisgarh Chief Minister Raman Singh resigns as Congress set to form government

NEW DELHI: The Congress forming the next government in Chhattisgarh became a mere formality Tuesday as chief minister Raman Singh of BJP resigned, after his party’s disappointing performance in the state Assembly polls. Congress is leading in 64, while BJP was relegated to a distant second spot with 18 seats, as per the latest trends […]

RBI slaps Rs 1 crore fine on Indian Bank for violating cyber security norms

NEW DELHI: The Reserve Bank of India (RBI) on Tuesday said it has imposed a fine of Rs 1 crore on Indian Bank for violating cyber security norms. The RBI has imposed, by an order dated November 30, 2018, a monetary penalty of Rs 10 million on Indian Bank for contravention of Circular on Cyber […]

Shaktikanta Das named new RBI Governor

NEW DELHI: Former bureaucrat Shaktikanta Das on Tuesday was appointed the new governor of the Reserve Bank of India (RBI), a government statement said. He replaces Urjit Patel, who surprisingly resigned from the central bank on Monday. A former civil servant, Das is also a member of the 15th Finance Commission. Das, who retired as […]

Connaught Place sixth most expensive office market in Asia Pacific: JLL

MUMBAI: Connaught Place in New Delhi has emerged as the sixth costliest, in terms of lease rentals, out of 20 major markets in Asia Pacific region, showed data from international property consultant JLL. The average occupancy costs – including rent, taxes and service charges – in Connaught Place are at $142, which is higher than […]

Implementation of act for welfare of construction workers ‘complete flop’ in Mumbai

NEW DELHI: The Supreme Court of India on Thursday said it was “shocking” that out of about 70,000 registered building and construction workers in Mumbai, only 11,000 have got the benefit of an act meant for their welfare and its implementation was a “complete flop”. The court was informed by the counsel appearing for Maharashtra […]

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