The Hindu National
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๐ฎ๐ณ ์ธ๋ ยท "GOVERNANCE" ยท ์ด 47๊ฑด
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50.0
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100 = ๊ธ์ ์ฐ์ธ
์ต๊ทผ 7์ผ ๊ธฐ์ค 5,698๊ฑด์ ๋ถ์ํ ๊ฒฐ๊ณผ, ๋ด์ค ์ฌ๋ฆฌ์ง์๋ 50.0(๊ท ํ)์ ๋๋ค. ๊ธ์ 0๊ฑด(0.0%)ยท์ค๋ฆฝ 5,698๊ฑด(100.0%)ยท๋ถ์ 0๊ฑด(0.0%)์ด๋ฉฐ, ์ค๋ฆฝ ๋น์ค์ด ๋๋ ทํ๊ฒ ๋์ต๋๋ค. ์ฑํฅ ์ง์๋ ์ข ํฉ 0.0(์ค๋ ๊ท ํ)์ ๋๋ค.
DCMS received the Gold Award in the category โInnovation by Use of AI and Other New Age Technologies for Providing Citizen-centric Services (State and State PSUs)โ from among 104 entries
PM Modi's record run: Assessing 12 years of governance and change
Prime Minister Narendra Modi is set to surpass Jawaharlal Nehruโs record to become Indiaโs longest-serving elected Prime Minister, reaching 4,399 consecutive days in office. The milestone marks a significant moment in Indiaโs political history, reflecting over a decade of continuous governance, electoral victories, and policy shifts. The development highlights a major transition in Indiaโs modern political landscape and leadership legacy. n18oc_india News18 Mobile App - https://onelink.to/desc-youtube
A major political development has unfolded in Tamil Nadu as K. Annamalai has stepped away from the BJP to launch a new political movement focused on youth participation, governance reforms, and grassroots engagement. The move has sparked intense debate across political circles, with supporters viewing it as the beginning of a new chapter in Tamil Nadu politics, while critics question whether distancing himself from the BJP could limit his political influence.Annamalai's decision is expected to reshape political equations in the state, particularly among young voters seeking alternative leadership and fresh political ideas. Political analysts are closely watching how the new movement evolves and whether it can emerge as a significant force in Tamil Nadu's highly competitive political landscape. n18oc_breaking-newsn18oc_Indian18oc_politicsNews18 Mobile App - https://onelink.to/desc-youtube
The statement came after clips circulated on social media showing a participant seeking to question the Chief Justice while he was delivering a lecture on artificial intelligence and international law. Organisers intervened and prevented the interaction from continuing, asking attendees to remain focused on the subject of the event. The Chief Justice noted that AI is already influencing a broad range of sectors, including governance, commerce, communication, defence and the justice system itself.
NESTS signed agreements with Bihar and CoGrad to strengthen EMRS schools through better governance, infrastructure and AI-enabled learning.
CJI Kant said AI is reshaping governance, commerce, warfare, communication, public administration, and the exercise of judicial and sovereign power itself
Mumbai: It is India's fourth biggest company by revenue, but the managing director of precious metals trader Rajesh Exports (REL) apparently doesn't know how and from where it gets the biggest chunk of the revenue, show the findings of a regulatory investigation.In its investigation report, the Securities and Exchange Board of India observed allegedly unscrupulous activities by REL's promoters, such as accounting irregularities and siphoning off of company funds into personal accounts, and also pointed out lapses by its auditors. The regulator said the company and its auditors were non-cooperative."The acts of REL constitute a deliberate device, scheme and artifice to mislead and defraud investors dealing in the shares of REL by portraying an inflated and misleading picture of its operational scale, revenue and financial health," Sebi observed in its report.The company, eponymously named after its chairman Rajesh Mehta, is accused of committing an elaborate financial fraud that includes dressing-up of revenues of โน15.15 lakh crore over the years, personal gold trades covered up as corporate sales and phoney gold mine investments of โน1,035 crore, according to the interim report.REL denied the charges of misdeeds. In a press release Thursday, the company said the revenues stated in its financials were correct and that the confusion arose because of a mix-up between Ebitda and revenue numbers at Swiss refiner Valcambi SA, an indirect subsidiary.Sebi has not made any adverse observation with regard to earnings, the company said, claiming that the regulator has only observed suspicion with regard to revenues which was primarily because of confusion over the Valcambi numbers.Numbers don't add upIn fiscal 2025, REL reported consolidated revenue of โน4.23 lakh crore against a profit after tax of just โน95 crore, translating into a net margin of barely 0.02%. The year before, on โน2.8 lakh crore revenue, profit was โน336 crore.Experts who have studied the Sebi report and the company's annual reports say the numbers did not add up. The business appeared to be operating at margins that were not merely thin but structurally negligible, they said."It looks like a case of pass-through accounting. There is no value creation. It was 'flow of gold' being booked as revenue," said a leading auditor on the condition of anonymity.Sebi, which began the investigations in March 2024 following a shareholder complaint about suspected accounting malpractices, said it found that about 97-99% of REL's consolidated revenues were attributed to its overseas subsidiaries, principally Valcambi. But Valcambi's own accounts, audited by KPMG SA, recorded only processing fees that were about โน3,027 crore across five years.Valcambi refined gold on behalf of clients and never took ownership of the precious metal or recognised the value of gold as revenue in its books. Yet, Global Gold Refineries AG (GGR), the parent of Valcambi that had no independent operating business, recorded gross revenues running into hundreds of crores by including the gross value of gold that actually belonged to others, according to the Sebi report.Rajesh Exports, which owns GGR through a Singapore subsidiary, used those unaudited figures in its financial statements, significantly bumping up the company's revenue, it said.In its press release, REL said: "The core observation in the order is with regard to the misreporting of the revenues. This has emerged primarily due to confusion because Sebi has considered the Ebitda of Valcambi instead of revenue hence it has stated that there is a difference of about 97% in the revenue.""There is no reason for any listed entity to inflate revenue and maintain the earnings, this will only reduce the margins of the company, which would be adverse to the company," it said.Senior management in the darkThe senior management of REL told regulators that most of them were in the dark about the company's overseas operations and only the promoter, Rajesh Mehta, dealt with those activities."Valcambi SA does not have any gold mine on its own," managing director Suresh Gowda was quoted in the Sebi order as saying. "It refines the raw gold purchased by it from various entities, whose names I do not recollect, as these things are exclusively handled by Rajesh Mehta, chairman of REL. I have never interacted nor involved with any subsidiary/step-down subsidiary of REL, as these were exclusively taken care of by Rajesh Mehta," he told the investigators, as per the order.According to the report, REL booked โน11,487 crore in sales between 2021-22 and 2023-24 to Affluence Shares and Stocks, a broker that made up to 66% of the company's standalone revenue for that period. But Affluence, in formal depositions to the regulator, said it had not done any business with REL.Following the transaction trail, the investigators found out that the transactions were personal gold derivative trades executed by promoter Mehta using his own brokerage account and then recorded in the company's books as corporate sales, the order said.The investigators also found that Mehta used corporate funds. As per the Sebi observations, bank records show REL transferred โน338.90 crore directly into Mehta's personal accounts between April 2020 and September 2025.Unlike in the case of Nirav Modi or Gitanjali Gems, who are accused of bank fraud, Rajesh Exports doesn't appear to have borrowed big from banks or through sale of bonds, according to regulatory filings.The company's market cap was just over โน3,000 crore, as per Thursday's closing share price. LIC (10.8%) and Bridge India Fund (8.46%) are its major institutional shareholders."It is striking that, even at a peak market capitalisation of โน25,000 crore, the company did not hold any analyst calls, a basic expectation for a listed company of that scale," said Shriram Subramanian, founder and managing director of InGovern Research Services, a corporate governance advisory firm.The regulator in 2024 hired BDO India Services to investigate. But the forensic audit faced problems at almost every stage of the investigation. It was denied access to ERP systems and was not provided a complete journal dump, preventing independent verification of transactions recorded in the books, according to the regulatory report.And the company declined to share subsidiary-level records with the investigator, citing Swiss data protection laws, limiting auditors largely to reviewing financial statements prepared by the management itself rather than underlying evidence, it said.What's also come under the scanner was the conduct of statutory auditors for the last few years: CA PV Ramana Reddy, the proprietor at PV Ramana Reddy & Co, and CA PL Venkatadri, partner at BSD & Co.The company's FY24 and FY25 annual reports, filed with the stock exchanges, carry an unqualified opinion from BSD & Co, which concluded that the financial statements presented a "true and fair view" in line with Indian Accounting Standards.The company's FY24 Directors' Report noted that the statutory and secretarial auditors had made no qualifications, reservations or adverse remarks.The Sebi report said for over five months, the auditors sat on the regulator's request for missing documents and statements.Emails sent to both audit firms did not elicit any response.REL closed 5% lower at โน103.92 Thursday on the NSE. The shares are down from their peak of โน1,028.40 on February 6, 2023.
Priyank Kharge will be the new Home Minister, who will also hold IT & BT and e-governance. Deputy Chief Minister G. Parameshwara has been given Revenue and Sports, while Eshwar Khandre has been allocated Rural Development and Panchayat Raj. Byrathi Suresh has been given Transport.
The idea is that while Shivakumar would focus on governance, Hariprasad would focus on party organisation, and former Chief Minister Siddaramaiah on providing ideological and political guidance
Sammakka Sarakka Central Tribal University in collaboration with the Tata Institute of Social Sciences, Hyderabad is offering M.A. in Public Policy and Governance
Seventeen projects, initiatives selected for National Awards for e-Governance
The tragic hotel fire in Delhiโs Malviya Nagar has once again exposed deep-rooted failures in fire safety, governance and accountability.The blaze, which claimed 21 lives, has raised serious questions over alleged negligence, regulatory gaps, poor inspections and the functioning of authorities responsible for ensuring public safety. Initial findings have pointed to major lapses, including alleged violations of building norms, inadequate safety measures and questions over whether proper fire clearances were in place.As grieving families search for answers, the tragedy has triggered a larger debate over systemic apathy, corruption and bureaucratic failure. Despite repeated fire incidents in the national capital, accountability often remains unclear, leaving citizens vulnerable and victims trapped between official blame games and delayed justice.Watch the full report for the latest updates on the Malviya Nagar hotel fire and the questions it raises for Delhiโs safety system. n18oc_indian18oc_the-hard-factsNews18 Mobile App - https://onelink.to/desc-youtube
Senior political journalist Rasheed Kidwai talks about his book on D. K. Shivakumar, and why he considers the new CM an astute regional strongman with national appeal
The session will cover Telanganaโs Hyderabad-led economic development over the past decade, with the double-digit annual growth rate ranking well above the national average
Ahead of DK Shivakumar's Karnataka CM oath, BJP launched a sharp attack, criticizing the Congress government's handling of waterlogging and alleging neglect of farmers and Dalits. The party shared an AI-generated video and posts on X, accusing the new administration of governance failures and broken promises to key communities. Shivakumar is set to be sworn in today.
In a surprising announcement, US Secretary of State Marco Rubio revealed that Iran's Supreme Leader Ayatollah Mojtaba Khamenei is not only alive but also taking a more hands-on approach in governance. This update comes after the February 28, 2026, attack in Tehran, which claimed the life of his father, former leader Ali Khamenei, among others.
From booths to governance: BJP shares organisational blueprint with Nepal's RSP
The DMK could wait six months before offering a broader assessment of Vijayโs government, but that did not mean it would refrain from commenting on day-to-day governance, says party deputy general secretary