Banks’ association says the process needs a huge effort. Banks may seek time beyond the March 2011 deadline to shift to International Financial Reporting Standards (IFRS) in view of the mammoth effort required for the switover, according to ind ..
“The vision and values of the Constitution are facing challenges. It is up to us to safeguard the Constitution and its values from such challenges. As has been said the Constitution has not failed us. We have to ensure that we do not fail the C ..
The uncertainty about Karnataka Chief Justice P. D. Dinakaran's elevation to the apex court continues, a circumstance that has helped no one, least of all the judge himself. Apart from the rumours and whispers that it has bred, there has been the rec ..
THE latest incident at a jail in Sindh speaks volumes about the way institutions are being managed in the country. The trouble that erupted in the jail, forced the jailers to hold dialogue with the prisoners and as a result of which the two sides arr ..
Granting Income Tax relief to companies for deductions for contributions to provident fund (PF), the Supreme Court (SC) on Wednesday dismissed over 60 appeals by the commissioner of income tax. The Finance Act 2003, which operated from April 1, 2004, ..
Like beauty, economic recovery, lies in the eyes of the beholder. Those who see the glass half full are upbeat about the state of the Indian economy and believe the positive reports emanating from the US and Europe that the worse is over. Since the s ..
Former Chhattisgarh High Court Judge Mr Justice Dilip Raosaheb Deshmukh took charge as the new Chairman of the Company Law Board (CLB) on Friday, four days ahead of the originally scheduled joining date. This follows a request by the Government as th ..
Union home minister P Chidambaram has, in his admonishment of the Mumbai police, pointed to a very unfortunate trend which has developed lately -- senior police officers using the media to score points off each other. The run up to the first annivers ..
Reserve Bank of India (RBI) vide its Master Circular dated July 1, 2009 has advised all Scheduled Commercial Banks (excluding Regional Rural Banks) that all cheque forms would be printed in Hindi and English. The customer may, however, write cheques ..
The Ministry of Corporate Affairs has established Indian Institute of Corporate Affairs (IICA) to act as the capacity building support for the officers / officials of the Ministry on issues relating to effective corporate functioning and regulation. ..
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