All posts tagged: norms

Deepak Parekh Calls for Higher FDI in Banks, End to Priority Lending Norms

Deepak Parekh Calls for Higher FDI in Banks, End to Priority Lending Norms

Published by Parlour News

The government should allow banks greater freedom to choose where to lend and remove the limits on foreign direct investment (FDI) in the sector, Deepak Parekh, former chairman of the erstwhile Housing Development Finance Corporation (HDFC) said on Saturday. These changes, Parekh said, would help Indian banks grow in terms of asset size and make them attractive for foreign players — key for India’s economic growth. “I think it is time to allow banks greater freedom in choosing where they lend. Priority sector rules, as they stand today, belong to an era gone by. There is merit in completely opening up the foreign direct investment limits for private sector banks, and increasing FDI limits for public-sector banks from 29% currently to 49% at least,” Parekh said at the London Business School’s India Conclave held in Mumbai. “There are enough checks and balances through caps on voting rights and ownership limits. So, the RBI and the government should not be worried about opening up the sector,” Parekh further said, adding that this should be the next …

Punjab: FCI recommends easing quality norms for wheat procurement

Punjab: FCI recommends easing quality norms for wheat procurement

Published by Parlour News

The Food Corporation of India (FCI) on Thursday recommended relaxing quality norms for wheat procurement in the current season following parallel investigations carried out by it in addition to the teams sent by the Union ministry of food and public distribution. The Food Corporation of India (FCI) on Thursday recommended relaxing quality norms for wheat procurement in the current season following parallel investigations carried out by it in addition to the teams sent by the Union ministry of food and public distribution. The wheat crop in the state suffered damage due to unseasonal rains and hailstorms in the fag end of March and the first week of April, leading to widespread lodging and damage to grains. The state government had also sought relaxation in norms on April 9, citing crop damage. To be sure, the Centre’s decision on relaxation of norms will depend on the report and recommendation made by the six teams of ministry of food and public distribution, who were in the state the past three days and have collected nearly 300 samples …

RMC plants temporarily suspend ops, seek clarity on regulatory norms

RMC plants temporarily suspend ops, seek clarity on regulatory norms

Published by Parlour News

With the Pune RMC (ready-mix concrete) Association announcing a temporary suspension of operations across all RMC plants in the district effective from midnight of April 15 as part of a structured compliance strengthening initiative, there will be no manufacture and dispatch of RMC for a few days; a move likely to impact construction activity across Pune. Also present were members Narendra Pasalkar, Chaitanya Raisoni, Sachin Kate, Narendra Mahajan and Vikram Dhoot. (HT) The announcement was made during a press conference addressed by association president Pradeep Walhekar. Also present were members Narendra Pasalkar, Chaitanya Raisoni, Sachin Kate, Narendra Mahajan and Vikram Dhoot. Explaining the rationale behind the decision, Walhekar said that the industry has been facing increasing regulatory challenges due to lack of uniformity in rules across departments. “The industry has become a soft target for authorities over the past few months. It is very challenging to comply with existing rules as there is no uniformity among various government departments,” he said. Pointing to conflicting directives from the Maharashtra Pollution Control Board (MPCB) and Pune Municipal …

Govt proposes softer CAFE 2027 norms to ease pressure on automobile industry

Govt proposes softer CAFE 2027 norms to ease pressure on automobile industry

Published by Webster

The government has proposed a softer set of Corporate Average Fuel Efficiency (CAFE) norms for the 2027–2032 period, offering relief to the domestic auto industry, NDTV Profit reported.  According to a revised draft prepared by the Ministry of Power in consultation with the Bureau of Energy Efficiency (BEE), the government has moved away from a rigid target framework in favour of a phased tightening approach. The proposal includes a flatter compliance curve, reducing the advantage previously enjoyed by heavier vehicles. Known as CAFE 2027, the draft represents the third stage of India’s fleet-level fuel economy road map, aimed at aligning the automobile sector with the country’s broader climate and energy goals. The norms are set to take effect from April 1, 2027, and will tighten progressively through FY32, the report said. The report added that the revised framework marks a notable softening from the September 2025 draft. The emission curve has been re-calibrated with a new slope formula — set at 0.00158 in FY28 and easing to 0.00131 by FY32 — allowing slightly higher fuel …

The queen of playback Asha Bhosle, who never conformed to the norms personally or professionally

The queen of playback Asha Bhosle, who never conformed to the norms personally or professionally

Published by Parlour News

The queen of versatility and indipop, Asha Bhosle was nothing less than an institution for every Indian out there. While her prowess lied in the musical field, the impact and significance she held spanned all across. On Sunday morning, the golden voice of India bid farewell and the nation mourned the immeasurable void she has left behind. Asha Bhosle Asha Bhosle was admitted to the Breach Candy Hospital in South Mumbai on Saturday evening for suffering from extreme exhaustion and chest infection, as revealed her granddaughter Zanai Bhosle. She breathed her last on Sunday morning and was 92 at the time of her passing. Born into the musical family of Pandit Deenanath Mangeshkar, Bhosle and her late sister, the legendary Lata Mangeshkar, ruled the Indian music scene for decades. She sang her first film song, Chala Chala Nav Bala for the Marathi film Majha Bal (1943), and made her Hindi film singing debut with Saawan Aaya for Hansraj Behl’s Chunariya (1948). Known for not conforming to the norms, Bhosle’s life, both personally and professionally, was …

I am film industry’s last Mughal’: How Asha Bhosle defied norms to cap off her 80-year journey as an artiste | Bollywood News

I am film industry’s last Mughal’: How Asha Bhosle defied norms to cap off her 80-year journey as an artiste | Bollywood News

Published by Webster

4 min readMumbaiUpdated: Apr 12, 2026 10:56 PM IST When music icon Asha Bhosle turned 90, she had a grand celebration, with a Broadway-style live show at Dubai’s Coca-Cola Arena where she not only performed her popular songs but also shook a leg. “I like doing extraordinary things. Music has been my life. It has given me so much. I decided to do a spectacular concert on my 90th birthday. I doubt if anyone in the world has achieved this feat,” said the legend, who remained defiant of age and expectation, in an exclusive interview to The Indian Express in 2023. While announcing this special show at a press meet, the incomparable singer had said: “Main iss film industry ki aakhri Mughal hoon (I am the last Mughal of the film industry)” – a reference to both her longevity and her creative association with generations of musicians and filmmakers. “I was around 10 when I started my singing career in 1943. Over the decades, I have worked with the industry’s best and come to know …

BMC eases norms for PNG connections, allows 24×7 work

BMC eases norms for PNG connections, allows 24×7 work

Published by Parlour News

2 min readMumbaiApr 1, 2026 08:38 PM IST Amid the ongoing LPG crisis in the city, the Brihanmumbai Municipal Corporation (BMC) has eased norms for Mahanagar Gas Limited (MGL) to facilitate PNG pipeline connections. From granting clearances to permitting 24×7 work, the civic body has directed ward offices to fast-track PNG connections till June 30. In a circular issued on March 30, the BMC has said that all pending applications from MGL, which provides PNG in Mumbai jurisdiction, will now be deemed “approved”, directing ward offices to permit work while also calling them to issue permits for new applications within 24 hours. To ensure faster access to PNG supply, the civic body has permitted MGL to work 24×7 till June 30.“The condition of obtaining NOC from CFO and Traffic Police is temporarily relaxed and work can be carried out by intimating work schedule daily to the CFO and Traffic Police,” reads the circular issued by the municipal commissioner. The BMC has circulated the notice among assistant commissioners of all wards alongside the deputy chief engineer …

No refund within 8 hours of ticket cancellation; Railways tighten norms

No refund within 8 hours of ticket cancellation; Railways tighten norms

Published by Webster

Union Railway Minister Ashwini Vaishnaw on Tuesday said that there will be no refund for cancellation of train tickets up to eight hours before departure, instead of the existing norm of four hours. As per PTI, the new refund rule will take effect between April 1 and 15 this year. Other refund slabs also revised by Railway A cancellation between 24 and eight hours before the event will incur a 50 per cent deduction from the ticket cost. This is currently 12 to 4 hours. Similarly, the Railways will deduct 25 per cent of the ticket cost for cancellation between 72 and 24 hours before departure. Full refund for cancellation made more than 72 hours before travelling A full refund, except for a flat cancellation charge per passenger, will be given for cancellations made more than 72 hours before the train`s departure. Under the existing policy, cancellations made between 48 and 12 hours incur a 25 per cent deduction of the ticket cost, while a full refund will be given for cancellations made more than …

‘Others can’t dictate what’s masculine’: Allu Sirish addresses trolling over him breaking gender norms | Interview

‘Others can’t dictate what’s masculine’: Allu Sirish addresses trolling over him breaking gender norms | Interview

Published by Parlour News

Actor Allu Sirish wore an intricate choker at his engagement to Nayanika Reddy in October 2025. Jewellery was also a huge part of his pre-wedding and wedding outfits as he tied the knot recently. However, from memes to trolls, Sirish faced it all for breaking gender norms and jazzing up his outfit. In an interview with Hindustan Times, the actor says that he’s self-assured enough that others cannot dictate what’s masculine or feminine. (Also Read: Allu Sirish says he fell in love with Nayanika because she’s a sharpshooter; reveals honeymoon plans | Interview) Allu Sirish says he feels comfortable enough in his skin to break gender norms. Allu Sirish says he didn’t care if he got trolled for breaking gender norms Sirish wore diamond and gold jewellery throughout his pre-wedding and wedding ceremonies, even getting mehendi with Nayanika’s name, apart from Lord Balaji’s namam-shanku-chakra for the D-day. After his engagement last year, he had to school trolls and remind them of a time when Mughal and Indian maharajas wore chokers. Now, the actor says it’s …

Kerala HC flags non-compliance of pre-arrest norms leading to release of accused| India News

Kerala HC flags non-compliance of pre-arrest norms leading to release of accused| India News

Published by Parlour News

Kochi, Flagging instances of the accused getting bail because the investigating officer did not comply with pre-arrest formalities, the Kerala High Court on Thursday directed all criminal courts in the state to ensure compliance with pre-arrest formalities as stipulated in several Supreme Court judgments before considering remand applications. Kerala HC flags non-compliance of pre-arrest norms leading to release of accused The high court specifically directed that before ordering remand, the magistrate or judge should get an endorsement in the proceedings sheet stating that the pre-arrest formalities have been complied with and the accused has no objection in this regard. “In the event of non-compliance, the magistrate or the special judge … must ensure compliance of the formalities by the investigating officer and remand is to be considered only after ensuring compliance of the formalities,” Justice A Badharudeen said. The high court also said that if the magistrate or judge notes deliberate intention by the investigating officer or arresting officer to not comply with the formalities, they shall recommend disciplinary proceedings against such officers. The high …