-The Hindu After having managed to push through the major reforms legislations such as the Banking and Companies Bills and also getting through with the 51 per cent foreign direct investment (FDI) in multi-brand retail, the UPA II dispensation will have to wait till the budget session of Parliament to get the Insurance Bill passed which seeks to raise the FDI cap in the insurance sector to 45 per cent. With the...
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Matters of interest
-The Indian Express A register of interest for Lok Sabha MPs could help shore up the credibility of the legislature In addition to the assets and liabilities that they declare to the Speaker, members of the Lok Sabha may now have to furnish a declaration of their business and financial interests in a separate register. The move, suggested by the Association for Democratic Reforms (ADR), has been recommended by the ethics committee...
More »Lok Sabha paves way for setting up more banks
-PTI Parliament on Thursday paved the way for corporate houses to enter the banking sector by approving the banking bill, a key reform legislation pending for long. Parliament also passed the amendments to the debt recovery laws or Sarfesi law after a reply by finance minister P Chidambaram on the combined discussion on the two bills in Rajya Sabha. These two Bills -- Banking Laws (Amendment) Bill, 2012, and Enforcement of Security Interest...
More »Lok Sabha passes Companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal
-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...
More »'Majority of working women in India feel unsafe after dark'
-PTI Majority of women surveyed by Assocham said they feel unsafe, especially during night shifts, in all major economic hubs across the country. Most of them are employed in sectors like BPO/ITeS, hospitality, civil aviation and nursing homes, it said. "About 92 per cent of working women feel insecure, especially during night in all major hubs of economic activities across the country especially in key segments such as BPO/ITeS, hospitality, civil aviation...
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