The Jammu and Kashmir High Court has dismissed a petition seeking directions to the Election Commission (EC) to quash the 2008 General Assembly elections in the state.The petition was filed by the Awami National Conference (ANC) Vice President Muzaff ..
All India Anna Dravida Munnetra Kazhagam (AIADMK) General Secretary J Jayalalithaa has submitted that the office of the Public Prosecutor cannot be "misused" by the State government for filing complaints, ignoring genuine concern of the gen ..
Delhi High Court will remain closed for summer vacation from June 1 and reopen on July 1.Meanwhile, Chief Justice A P Shah has nominated six vacation judges to deal with urgent civil and criminal cases during the recess.The judges are Justice Veena B ..
Holistic reforms to make India’s judicial system accountable, and responsive to litigants, were stressed by Veerappa Moily who took over as new Law and Justice Minister today."Judicial reforms cannot be partial, cannot be fragmented," ..
The International Federation of Accountants (IFAC) released its 2008 annual report today, highlighting initiatives to help restore global financial stability and, in addition, describing how some of IFAC's core work-developing international standards ..
Prime Minister Manmohan Singh indicated that the full Budget for 2009-10 may announce a disinvestment of government stake in public sector companies."Fiscal prudence and disinvestment of public sector units -- all these issues will be tackled by ..
China's banking regulator unveiled measures to ensure investment loans get used for actual projects, the latest move highlighting Beijing's concerns over fund misuse amid an avalanche of new lending.The China Banking Regulatory Commission released th ..
The International Accounting Standards Board (IASB) has published for public comment an exposure draft of draft guidance on fair value measurement.If adopted, the proposals would replace fair value measurement guidance contained in individual Interna ..
NEW PENSION SCHEME - AN OVERVIEW Sudhir Halakhandi The Government of India has announced that New Pension Scheme (NPS) is open for all the citizens from 1st. May 2009 hence it will be useful for all the citizens of the country who do not have any so ..
Residents of the Mumbai metropolitan region who were short-changed by builders while buying flats will get stamp duty refund provided the transaction remains incomplete. The Maharashtra Government has decided to amend Section 48 (1) of the Bombay Sta ..
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