News for 'Committee on Public Undertakings'

No lack of food, medicine; claims of shortage not true, Manipur tells SC

No lack of food, medicine; claims of shortage not true, Manipur tells SC

Rediff.com6 Sep 2023

The Manipur government dubbed as untrue the claim by the counsel for the committee appointed by the apex court to oversee relief and rehabilitation of the victims of ethnic violence that the people of the state were suffering on account of an economic blockade.

Maha govt imposes 3 foreign trips a year restriction on officials

Maha govt imposes 3 foreign trips a year restriction on officials

Rediff.com30 Dec 2014

At a time when the state exchequer is reeling under debt, the Maharashtra government has decided to impose a three-foreign trip a year restriction on officials.

SC rejects legal status for same-sex marriage, bats for queer rights

SC rejects legal status for same-sex marriage, bats for queer rights

Rediff.com17 Oct 2023

Directing the Centre, states and Union Territories (UTs) to ensure the queer community is not discriminated against, the CJI, who is heading the constitution bench, said queer is a natural phenomenon known for ages and is neither urban nor elitist.

Govt files SOP in SC on how to handle its officers in court

Govt files SOP in SC on how to handle its officers in court

Rediff.com16 Aug 2023

Appearance through video conferencing, refraining from making comments on the physical appearance and educational background of government officials and reasonable time frame for compliance of judicial orders are some of the suggestions enumerated in the Standard Operating Procedure (SOP) the government has submitted to the Supreme Court for consideration.

Fadnavis allocates portfolios; BJP retains key depts

Fadnavis allocates portfolios; BJP retains key depts

Rediff.com6 Dec 2014

Maharashtra Chief Minister Devendra Fadnavis on Saturday allocated portfolios to the twenty-member council of ministers, including 10 of the Shiv Sena, who were inducted into his expanded cabinet.

The Battle To Save Malabar Hill

The Battle To Save Malabar Hill

Rediff.com3 Oct 2023

'If the authorities go about completing this project the way they have proposed, this is going to cause a HUGE environmental impact not only on Malabar Hill but also on the rest of the city.'

HC seeks RIL response on govt's plea accusing firm of siphoning off gas

HC seeks RIL response on govt's plea accusing firm of siphoning off gas

Rediff.com15 Sep 2023

The Delhi high court (HC) division Bench on Thursday sought a response from Reliance Industries (RIL) and others regarding the government's appeal against the Mukesh Ambani-owned conglomerate and others for fraudulently and unjustly enriching themselves by draining gas from their deposits, amounting to over $1.5 billion. The Centre had appealed against the single-judge Bench order of the Delhi HC on May 9, which had dismissed its petition. Justice Anup Jairam Bhambhani had upheld the international arbitration award of July 24, 2018, in favour of the RIL-led consortium. The consortium includes UK-based BP Plc and Niko Resources of Canada.

No alcohol and drug: Congress membership requisites

No alcohol and drug: Congress membership requisites

Rediff.com23 Oct 2021

New members have to give a declaration that they will not own any property in excess of ceiling laws and will undertake tasks including "manual labour" prescribed by the party.

Govt readies plan to bolster PSU bank boards

Govt readies plan to bolster PSU bank boards

Rediff.com25 Jul 2022

The central government is looking to strengthen the boards of public sector banks (PSBs) by specifying terms of office and conditions of service for whole-time directors, and also seeking disclosures from all directors about interests in other companies. Through the Banking Laws Amendment Bill, the government is likely to introduce conditions for disqualification of whole-time and independent directors which are not specified in the current legislation. The Centre is seeking to introduce fresh changes that are aimed at strengthening the boards of PSBs, and holding their directors accountable, an official said.

Wearing pheran amid snowfall, Rahul concludes Bharat Jodo Yatra

Wearing pheran amid snowfall, Rahul concludes Bharat Jodo Yatra

Rediff.com30 Jan 2023

Congress leader Rahul Gandhi, who set off a national debate when he walked the Bharat Jodo Yatra in a T-shirt in north India's cold winter, donned a pheran to ward off Kashmir's bone-freezing chill on Monday.

Odisha govt no to sharing info on Puri Jagannath temple's treasury

Odisha govt no to sharing info on Puri Jagannath temple's treasury

Rediff.com29 Aug 2022

Shree Jagannath Temple Administration under the state law department, did not respond to the queries of Bolangir-based RTI activist Hemant Panda.

Gandhi family, its NGOs not above law: BJP on FCRA licence cancellation

Gandhi family, its NGOs not above law: BJP on FCRA licence cancellation

Rediff.com23 Oct 2022

BJP spokesperson Sambit Patra claimed that the home ministry's decision to cancel the FCRA licences of the Rajiv Gandhi Foundation and the Rajiv Gandhi Charitable Trust for alleged violation of laws has "exposed" their corruption.

SC allows sand mining in Bihar, says ban causes huge loss

SC allows sand mining in Bihar, says ban causes huge loss

Rediff.com10 Nov 2021

The top court said a balanced approach of sustainable development ensuring environmental safeguards needs to be resorted to while dealing with the issue of sand mining.

'Perform or make way for others': Kharge's stern message at Cong meet

'Perform or make way for others': Kharge's stern message at Cong meet

Rediff.com4 Dec 2022

Kharge said that while there are very responsible people in the party who were doing their duty, some people had assumed that lack of responsibility will be ignored.

Congress may plan another Bharat Jodo Yatra next year: Ramesh

Congress may plan another Bharat Jodo Yatra next year: Ramesh

Rediff.com16 Sep 2022

'Bharat Jodo Yatra' is a 'booster dose' for the Congress and a 'decisive and transformational moment' for the politics of the country, senior party leader Jairam Ramesh said in Guwahati on Friday.

CBI files corruption case against Rolls-Royce in Hawk jet trainer deal

CBI files corruption case against Rolls-Royce in Hawk jet trainer deal

Rediff.com29 May 2023

The CBI had registered a preliminary enquiry in 2016 which was later converted into a regular case, they added.

PSB Bull Run: Time For Govt To Reap Riches

PSB Bull Run: Time For Govt To Reap Riches

Rediff.com19 Jul 2023

Since March 31, 2022, the PSBs' market cap has risen 43.7 per cent, from Rs. 7.29 trillion to Rs. 10.47 trillion. It's time for the government, the majority owner of public sector banks, to reap the benefit of the rally in bank stocks, recommends Tamal Bandyopadhyay.

If Inflation Is Here, Can Social Conflict Be Behind?

If Inflation Is Here, Can Social Conflict Be Behind?

Rediff.com9 May 2023

For all its claims to economic glory, the majority of India's population lives vulnerable lives, a situation that has only worsened over the past 15 years, to the extent that the government now fears to release economic data or even conduct a proper Census, notes Rathin Roy.

'Congress using GSPC issue to deflect attention from Agusta'

'Congress using GSPC issue to deflect attention from Agusta'

Rediff.com9 May 2016

Saurabh Patel, energy minister, Gujarat, who has handled the energy portfolio since 2002, speaks to Archis Mohan on GPSC's investment in the KG basin and says the criticism is politically motivated.

Balaji, first TN minister to be arrested by ED, sent to jail till June 28

Balaji, first TN minister to be arrested by ED, sent to jail till June 28

Rediff.com14 Jun 2023

Tamil Nadu electricity minister was arrested under the Prevention of Money Laundering Act (PMLA), official sources said, making him the first minister in the M K Stalin-led government to face such an action from a central agency.

Cong's Bharat Jodo Yatra to be a reach out exercise

Cong's Bharat Jodo Yatra to be a reach out exercise

Rediff.com19 May 2022

The Congress will reach out to civil society members and like-minded political groups for the 'Bharat Jodo' yatra from October 2 for rallying support to combat polarisation and protect Constitution, democracy and various institutions, senior party leaders said on Thursday.

10 merchant bankers to manage LIC IPO

10 merchant bankers to manage LIC IPO

Rediff.com8 Sep 2021

The government has appointed 10 merchant bankers including Goldman Sachs (India) Securities, Citigroup Global Markets India, and Nomura Financial Advisory and Securities India to manage the mega initial public offering of country's largest insurer LIC. Other selected bankers include SBI Capital Market, JM Financial, Axis Capital, BofA Securities, JP Morgan India, ICICI Securities, and Kotak Mahindra Capital Co Ltd, a circular on the divestment department website said. "Government has finalised the book running lead managers and some other advisors for the IPO of LIC," DIPAM Secretary Tuhin Kanta Pandey tweeted. The divestment department had invited applications for the appointment of merchant bankers on July 15.

Watching global Covid spread, IIT-Kanpur has not predicted 4th wave: Govt

Watching global Covid spread, IIT-Kanpur has not predicted 4th wave: Govt

Rediff.com22 Mar 2022

Noting that various mathematical models meant for predicting coronavirus waves have repeatedly failed to give reliable results due to a small sample size, the Centre on Tuesday said it is closely following the virus trajectory globally, given the emergence of its new variants.

Tharoor to contest Congress poll, Sonia to stay neutral, no bar says party

Tharoor to contest Congress poll, Sonia to stay neutral, no bar says party

Rediff.com19 Sep 2022

Senior Congress leader Shashi Tharoor on Monday met Sonia Gandhi and expressed his intention to contest the upcoming AICC chief polls, while the Congress president conveyed that she would stay "neutral" in the elections, sources said.

When Narasimha Rao Agreed To A JPC

When Narasimha Rao Agreed To A JPC

Rediff.com14 Apr 2023

There is, between Rao's tenure as PM and the current Modi regime, a powerful resonance of how transition can be managed. Rao's tenure saw many scams -- one where he was supposedly approached by Harshad Mehta with a bribe for making the securities scam go away. The Opposition insisted on a JPC. Despite knowing a JPC report would undermine him politically, Rao agreed to one, saying he had 'nothing to hide'.

EC comes up with RVM prototype for migrant voters

EC comes up with RVM prototype for migrant voters

Rediff.com29 Dec 2022

If implemented after stakeholder consultations, migrant voters do not need to travel to their home district to exercise their franchise.

Railways, India Post not among PSUs to go on sale block

Railways, India Post not among PSUs to go on sale block

Rediff.com6 Feb 2021

The department of investment and public asset management (Dipam) can also seek in-principle approval from the Cabinet Committee on Economic Affairs (CCEA) for strategic divestment of PSUs on a case-to-case basis considering investor appetite and sectoral trends.

Trusts, societies have to register with MCA by April 1

Trusts, societies have to register with MCA by April 1

Rediff.com23 Jan 2021

Corporate social responsibility rules that kicked in on Friday also set a three year time-limit for any CSR project, among a series of other amendments introduced by the government.

RBI Guv on how the bank plans to manage liquidity

RBI Guv on how the bank plans to manage liquidity

Rediff.com8 Oct 2021

Observing that there is liquidity overhand of Rs 13 lakh crore in the system, RBI Governor Shaktikanta Das said on Friday that the exceptional measures undertaken during pandemic will be dealt in sync with macroeconomic developments to preserve financial stability. Since the onset of the pandemic, the Reserve Bank has maintained ample surplus liquidity to support a speedy and durable economic recovery, he said while announcing the outcome of the Monetary Policy Committee (MPC) meeting. The level of surplus liquidity in the banking system increased further during September 2021, with absorption under fixed rate reverse repo, variable rate reverse repo (VRRR) of 14 days and fine-tuning operations under the liquidity adjustment facility (LAF) averaging Rs 9 lakh crore per day as against Rs 7 lakh crore during June to August 2021, he said.

Contest for Cong prez post on cards 2 decades after Sonia trumped Jitendra Prasada

Contest for Cong prez post on cards 2 decades after Sonia trumped Jitendra Prasada

Rediff.com20 Sep 2022

The party last saw a contest for the post in November 2000 when Jitendra Prasada had lost to Sonia Gandhi.

Will Govt Cut PSBs Loose?

Will Govt Cut PSBs Loose?

Rediff.com28 Jul 2022

Merely bringing down the government stake below 51% may not find any taker for the PSBs. The government must bring down its holding to at least 26%, recommends Tamal Bandyopadhyay.

6 Omicron cases detected in Scotland, some without travel history

6 Omicron cases detected in Scotland, some without travel history

Rediff.com29 Nov 2021

Six cases of the new COVID-19 Omicron variant have been identified in Scotland on Monday, taking the UK's total to nine following three cases detected in England earlier.

The growing tussle between the govt and CAG

The growing tussle between the govt and CAG

Rediff.com22 May 2022

In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.

Lanka crisis: Gotabaya forms panel to manage finances

Lanka crisis: Gotabaya forms panel to manage finances

Rediff.com7 Apr 2022

The Sri Lankan government has appointed an advisory committee comprising eminent economic and fiscal experts to provide guidance on addressing the current debt crisis and engaging with the International Monetary Fund (IMF) and other lenders as the country struggles to combat the unprecedented shortage of foreign reserves.

Manmohan Singh named member of Parliamentary panel on Finance

Manmohan Singh named member of Parliamentary panel on Finance

Rediff.com2 Sep 2014

Former Prime Minister Manmohan Singh, who is hailed as the architect of economic reforms in the country, is a member of the Parliamentary Standing Committee on Finance, it was announced on Tuesday.

Chhath Puja allowed at designated sites in Delhi

Chhath Puja allowed at designated sites in Delhi

Rediff.com29 Oct 2021

The Delhi Disaster Management Authority (DDMA) on Friday allowed Chhath Puja celebrations at designated sites in the city except the banks of Yamuna river.

India's personal data protection bill may threaten innovation, growth: USTR

India's personal data protection bill may threaten innovation, growth: USTR

Rediff.com29 Apr 2022

The US on Thursday raised concerns over India's Personal Data Protection (PDP) Bill and draft non-personal data governance framework, claiming these could potentially threaten innovation and economic growth. In its latest 'Special 301' Report, the US Trade Representative (USTR) kept India on the priority watch list, maintaining the country remains one of the world's most challenging major economies with respect to protection and enforcement of intellectual property (IP). In December 2021, a joint parliamentary committee released a report recommending changes to the PDP Bill, 2019, that could undermine important IP protections in India.

'These murders look very suspicious'

'These murders look very suspicious'

Rediff.com20 Apr 2023

'Was the entire place properly sanitised by the police before he was brought out of the prison for this medical check-up?' 'Once he filed a plea in the Supreme Court stating there was a threat to his life, the UP police should have maintained stricter vigilance.'

Charitable entity status cannot be denied to BCCI, rules tax tribunal

Charitable entity status cannot be denied to BCCI, rules tax tribunal

Rediff.com13 Nov 2021

The Income Tax Appellate Tribunal has accepted BCCI's submission that the latter's objective is the promotion of cricket and it enjoys the power of holding IPL for achieving its objective, reports Indivjal Dhasmana.

In its zeal to sell A-I, govt goes slow on others

In its zeal to sell A-I, govt goes slow on others

Rediff.com13 Oct 2021

The Centre's push to sell Air India on priority has led to delays in other strategic divestment proposals, such as privatising United India Insurance, as well as ongoing transactions, such as Shipping Corporation of India (SCI) and Bharat Petroleum Corporation (BPCL), revealed multiple officials involved in the process. The Department of Investment and Public Asset Management (DIPAM) is yet to take new privatisation recommendations of the NITI Aayog to the core group of secretaries on disinvestment (CGD) headed by the Cabinet secretary, said one of the officials. The priority now is to ensure all approvals for Air India are in place since the government intends to hand over the national carrier as early as this month.