standard operating procedures
Finance Minister Confirms LIC's Adani Investments Follow Standard Procedures Without Ministry Interference
Dec 02, 2025 01:26 am CST
Finance Minister Nirmala Sitharaman has clarified that LIC's investments in Adani Group companies follow strict due diligence protocols without any direction from the Finance Ministry. The state-owned insurer's investment decisions are made independently according to established regulations, with comprehensive oversight mechanisms in place. LIC's exposure to Adani Group represents a small portion of its diverse Rs 41 lakh crore investment portfolio spanning 351 publicly listed companies.
Madras High Court Urges Tamil Nadu Government to Simplify Regulations for Political Rallies Following Karur Tragedy
Nov 28, 2025 01:35 am CST
Following the tragic Karur stampede that claimed 41 lives, the Madras High Court has directed the Tamil Nadu government to develop simpler, widely acceptable guidelines for political gatherings and religious events. The court criticized the current draft regulations as overly complicated, emphasizing the need for clear permission processes and transparent venue information to prevent future incidents.
Finance Minister Sitharaman Urges GST Officers to Balance Politeness with Procedural Compliance
Oct 24, 2025 04:29 pm CST
Finance Minister Nirmala Sitharaman has called upon GST officers to adopt a polite and empathetic approach when dealing with honest taxpayers while maintaining procedural rigor. Speaking at the CGST building inauguration in Ghaziabad, she emphasized the need for technology integration to streamline registration processes and expedite grievance resolution, ultimately creating a more taxpayer-friendly GST ecosystem while ensuring enforcement against non-compliance.