financial penalties

Shimla, April 2 Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu said on Thursday that contractors who fail to complete the works assigned to them within the stipulated time will face strict action.Speaking in the assembly, he said that the government would consider cancelling the...

Shimla, March 31 Vehicles using sealed and restricted roads in Shimla town without a valid permit may soon face hefty fines under the Shimla Road Users and Pedestrians (Public Safety and Convenience) Amendment Bill, 2026, which was introduced in the state Assembly on Tuesday.Chief Minister...

Mumbai, March 30 The RBI on Monday imposed a penalty of ₹31.8 lakh on Airtel Payments Bank for non-compliance with certain provisions related to disclosure in financial statements.The Reserve Bank of India (RBI) said it had conducted a statutory inspection for supervisory evaluation of the...

New Delhi, March 27 In a relief for homebuyers, the Centre has proposed to remove the existing provision of a maximum one-year imprisonment for an allottee who fails to comply with orders from the Real Estate Appellate Tribunal.The amendment seeks to replace Section 68 of the Real Estate...

New Delhi, March 27 The government has proposed to scrap jail terms for non-compliance with orders or directions issued under the Electricity Act, but has increased the penalty to a maximum of Rs 10 lakh under the Jan Vishwas (Amendment of Provisions) Bill, 2026, which was tabled in the Lok...

New Delhi, March 27 The Jan Vishwas Bill, introduced in the Lok Sabha on Friday, proposed a comprehensive overhaul of the 153-year-old Cattle Trespass Act, decriminalizing key offenses, replacing jail terms with financial penalties, and directing the collected fines towards animal welfare.The...

New Delhi, March 18 Sebi has imposed penalties totaling Rs 2.8 crore on 18 entities, as well as barred them from the securities markets for up to five years for manipulating the share prices of Retro Green Revolution Ltd (RGRL).In addition, the regulator has directed 15 of these entities to...

Mumbai, March 16 The Reserve Bank on Monday imposed a penalty of Rs 3.1 lakh on the payment aggregator Cashfree Payments India Private Ltd for non-compliance with its directions.The RBI found that Cashfree made certain "unauthorized deductions" from an escrow account, according to an official...

New Delhi, March 13 The capital markets regulator, Sebi, imposed a fine of Rs 10 lakh on Anand Rathi Share and Stock Brokers for multiple violations of regulatory norms.The order came after Sebi conducted a thematic inspection of Anand Rathi Share and Stock Brokers to examine their compliance...

New Delhi, March 10 IndiGo CEO Pieter Elbers resigned on Tuesday, citing personal reasons, and the country's largest airline has relieved him with immediate effect, a development that comes three months after massive operational disruptions triggered widespread public outrage and regulatory...

Karachi, March 2 The country's cricket board has decided to impose financial penalties on the players for their disappointing performance in the T20 World Cup, following Pakistan's early elimination from the tournament. Some sources say that the amount could be as high as PKR 5 million...

Karachi, March 2 The country's cricket board is considering financial penalties for the players after the Pakistan team's early elimination from the T20 World Cup.A reliable source said that while reports of the Pakistan Cricket Board (PCB) deducting players' salaries were inaccurate...

New Delhi, March 2 – According to a report on Monday, Pakistani cricket authorities are expected to impose a hefty fine of five million rupees (approximately $17,900) on underperforming male cricketers after the team's exit in the Super Eight round in Sri Lanka."The Pakistan Cricket Board...