Governance

Allegations against ICICI Bank pose reputational risks

ewsroom24x7 Network Mumbai/Singapore: An investigation into allegations that India’s ICICI Bank (BBB-/Stable/bbb-) extended a loan with a potential conflict of interest raises questions over the bank’s governance and creates reputational risks, says Fitch Ratings. According to Fitch, other regulatory sanctions are also possible, depending on the outcome of the investigation. […]

Government forced to withdraw “Guidelines for accreditation of Journalists amended to regulate Fake News”

Newsroom24x7 Network New Delhi: Confronted with massive condemnation and anger that swept across the journalistic fraternity against a decision of the Central Government that was being viewed as an attempt to gag the media, the Union Ministry of Information and Boardcasting was today compelled to issue a statement to announce […]

Universities should suo-motu put in public domain the guidelines for revaluation of the answer-sheets in larger public interest

Newsroom24x7 Network An open government, which is the cherished objective of the RTI Act, can be realised only if all public offices comply with proactive disclosure norms. Section 4(2) of the RTI Act mandates every public authority to provide as much information suo-motu to the public at regular intervals through […]