Sunday, May 25, 2014

SC commutes death sentence of two in American Centre attack case
The court said the 2002 bombing in West Bengal cannot be equated with the 2001 Parliament attack case or the Red Fort shootout case.

RBI defers Aadhaar-linked payment plan 
Had earlier been planning to let customers use fingerprints to withdraw money from ATMs and pay for purchases. Banks had claimed it was  expensive and risky. 

Black money: SC asks Centre to form SIT by May 29
The team will investigate all cases of black money stashed in the country and abroad

ATMs to be disabled friendly
RBI directs banks to install talking machines, Braille keypads in at least one-third of the new ATMs.

15 regional stock exchanges to shut operations 
Trade volumes are zero for these exchanges and thus they won’t be able to meet Sebis' new net worth and trading norms

Former IB chief as new CIC 
Rajiv Mathur takes over as the new Chief Information Commissioner in the Central Information Commission as appointed by the outgoing UPA-II government.

CIC imposes Rs 25K fine on Bar Council secretary
Had refused information on number of cases filed and disposed for professional misconduct against advocates in past 10 years and also disobeyed order to appear before the commission. The penalty to be deducted from his salary.

Sun Pharma can take over Ranbaxy
The Andhra Pradesh High Court vacates its stay on the  $3.2 billion imposed due to a petition for probe into alleged insider trading. 

Mobiles may feature safety labels 
DoT wants to bring mobiles under Telegraph Act to ensure labelling of safety standards against harmful radiations

This is a roundup of policy news from May 17-24, 2014