A media suggested the Parliament staff will have a new dress code with the Lotus printed on it.
The Lower House of Parliament took up the Demands for Grants and Appropriation Bills after two adjournments as the ruling and Opposition MPs engaged in a matching duet over demands for an apology by Rahul Gandhi and the Adani issue.
This is the first time that the House is meeting after the BJP's overwhelming victory in the recent series of assembly elections held in February-March.
Ahead of the Winter session of Parliament beginning on December 4, the Congress' Lok Sabha leader Adhir Ranjan Chowdhury on Saturday wrote to Speaker Om Birla, saying the expulsion of Trinamool Congress MP Mahua Moitra from Parliament is an 'extremely serious punishment and has very wide ramifications'.
Union Minister Smriti Irani on Wednesday came down heavily on Congress leader Rahul Gandhi for his 'murder of India in Manipur' remark in Lok Sabha, saying this is for the first time in parliamentary democracy that someone has made such a statement.
Birla said members holding placards, raising slogans in the Well of LS was not in accordance with its traditions.
Bidhuri's responsibility will be akin to the party's poll in-charge of the district, sources said.
The Congress on Thursday gave a notice in the Lok Sabha against alleged breach of privilege by Home Minister Amit Shah, accusing him of speaking untruth on Maharashtra farm widow Kalawati Bandurkar who Rahul Gandhi had met in 2008.
Bharatiya Janata Party MP Harsh Vardhan on Friday alleged that some people with vested interest have 'dragged' his name into a row over certain objectionable remarks made by his party colleague Ramesh Bidhuri in the Lok Sabha.
In a major security breach on the anniversary of the deadly 2001 Parliament terror attack, two persons on Wednesday jumped into the Lok Sabha chamber from the visitors' gallery, shouted slogans and released yellow smoke from canisters that triggered panic and chaos in the House.
The Manipur violence issue rocked both houses of Parliament on the opening day of the Monsoon session on Thursday with opposition members creating uproar, demanding a discussion on the situation in the Northeastern state.
The decision by the Reserve Bank of India to introduce a unified regulatory framework on connected lending for all the regulated entities (RE) is expected to reduce the influence of business conglomerates in the Indian lending space, said bankers and experts. "Connected lending pertains to lending to related parties within the same business group. "While the RBI might appear more agreeable to allowing business conglomerates to own banking licenses, it deems it crucial to bolster regulations that would prevent conglomerate-owned banks from gaming the system," said Shivaji Thapliyal, head of research and lead analyst, YES Securities.
Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.
Grasim Industries has announced a rights issue of around Rs 4,000 crore with the promoters committed to fully subscribing to their entitlements and to covering any unsubscribed portion. This is to part-fund capital expenditure (capex) of Rs 10,000 crore in a new foray into the paints business. The company has already invested Rs 3,640 crore in the paints business (by Q1FY24). The management has outlined a capex of Rs 5,700 crore for FY24, which includes Rs 4,280 crore allocated for the paints business, of which Rs 1,050 crore has already been spent in Q1FY24.
State-run UTI Mutual fund has toppled private sector ICICI Prudential to be the country's second biggest fund house, while Anil Ambani Group's Reliance MF has retained its top position.
Opposition leaders have slammed the Bharatiya Janata Party over its Lok Sabha member Ramesh Bidhuri, who is in the eye of a storm for his derogatory comments against Bahujan Samaj Party MP Danish Ali, being given poll responsibility by the party in Rajasthan's Tonk district.
A question asked in Tamil triggered heated exchanges in Lok Sabha on Wednesday between the Opposition and Treasury benches that spilled over to the issue of ministers giving replies in Hindi.
The ceremony to inaugurate the new Parliament building will begin with an early morning havan and a multi-religion prayer on Sunday followed by a formal opening in the Lok Sabha chamber by Prime Minister Narendra Modi.
Both the BJP leaders in their notices to Lok Sabha Speaker Om Birla have alleged that Gandhi's comments were baseless and that he made "contemptuous, unparliamentary and dishonourable" allegations.
A plea has been filed in the Supreme Court seeking a direction to the Lok Sabha secretariat for inauguration of the new Parliament building by President Droupadi Murmu.
Consumer businesses come to the rescue of large conglomerates in the midst of a meltdown in commodities.
Bharatiya Janata Party (BJP) MP Nishikant Dubey on Wednesday wrote to Lok Sabha Speaker to move a breach of privilege motion notice against Congress leader Rahul Gandhi a day after his speech in Lok Sabha where he made certain allegations about Prime Minister Narendra Modi and his association with industrialist Gautam Adani.
rediffGURU Ulhas Joshi answers your mutual fund queries.
100 years ago, Dr Annie Besant was interned by the British in a bungalow in Ooty.
'Whoever is questioning the government on the Adani issue is being harassed'
Highly-rated finance firms and housing finance companies are expected to benefit from the absence of Housing Development Finance Corp (HDFC) from the bond market once it merges with the HDFC Bank in early FY24. Post merger, the bond market is expected to become less crowded, which will ease fund raising conditions for other players in the field. It may perhaps also compress the spread for debt instruments floated by housing finance companies (HFCs) over 10-year government bonds, subject to demand and supply conditions.
A few hundred gold coins of Maurya Gupta and Mughal eras and gold artefacts, which could be worth several hundred crores, were recovered from a hidden strongroom in the house of late Priyamvada Birla.
Joshi said, "(BJP leader) Nishikant Dubey issued a notice to Rahul Gandhi for making baseless allegations (against the PM). What they say has to be supported with evidence but they haven't produced any. We all are answerable to the people of this country. This time action will be taken on this notice."
The sale of the Lincoln House in the Breach Candy area of south Mumbai, which used to house the US consulate, to the billionaire chairman of the Pune-based Serum Institute, makes it the largest real estate deal in the country's financial capital.
A sixth arrest has been made in the Parliament security breach case -- Mahesh Kumawat from Rajasthan's Nagaur who was allegedly in contact with the other accused for the last two years for hatching the conspiracy and had destroyed their mobile phones to get rid of the evidence, police said on Saturday.
"If you don't take care of the parliamentary practices, then how will the parliamentary process strengthen? My endeavour is that all members get adequate time to raise their issues and give them their due respect."
This is the fifth consecutive day that the Parliament has been adjourned without transacting any business since the second part of the Budget session began on Monday due to uproarious scenes in the House.
Opposition protests over the Pegasus snooping row, farm laws and other issues had continuously marred the proceedings since the start of the session on July 19.
Maybe, the need for secrecy may have tied the government's hand from sharing details in Parliament. Still, it should consider the need of sharing the utmost within any consultative committee, so that relative secrecy is still maintained. But such a course should involve the prime minister or home minister, as it is much more serious than is being made out to be, argues N Sathiya Moorthy.
As soon as the Question Hour ended, Congress' Leader of the House Adhir Ranjan Chowdhury demanded that a discussion on the 'Indo-China border situation be held', saying late Prime Minister Pandit Jawaharlal Nehru had allowed a discussion in Lok Sabha on the India-China war in 1962.
The 91-year-old expressed his joy, saying he never thought that he would sit in a new Parliament building in his lifetime.
The inauguration new parliament building will take place in two phases.
Over the last 50 years, the number of sittings of Parliament has been declining and has halved since the 1950s and the 1960s, the report stated.
TV Today stock rises 15.23% on sale buzz
The Reserve Bank of India's (RBI's) latest order on unsecured loans is set to hit the banking sector's growth in the near-term, cautioned analysts, as they see banks slowing down on aggressive retail lending. Besides, cost of funds for non-banking finance companies (NBFC) is expected to inch up as banks will pass on higher capital charge to NBFCs. "We believe the fallout of the RBI action will be mainly on growth, given the rising dependence on unsecured retail loans and lending to NBFCs for growth.
