Citing former telecom minister A Raja's communication to the Joint Parliamentary Committee on the 2G scam, Bharatiya Janata Party member Yashwant Sinha on Monday wrote to Prime Minister Manmohan Singh, asking him to appear before the committee, following the allegations levelled against him. In his letter, Sinha said any hesitation on the PM's part to appear before the JPC will prove that he has "something to hide".
'Whenever the hike in voting percentage is more, the NDA gains more, and when the hike is negligible, the NDA falls.' 'I have established this in UP, Haryana and Jharkhand.'
A day before being tabled in Goa legislative assembly, the Manohar Parrikar-led Public Accounts Committee report on illegal mining in the state has run into controversy after Congress party legislators on the committee refused to sign it on Tuesday.
The issue of CAG and PAC was mentioned in paragraph 25 of the judgment of the top court which had held that there were no irregularities in the procurement of 36 Rafale jets from France.
IOA president P T Usha on Sunday slammed the revolting executive council members, saying they 'seem more focused on self-serving power play and monetary gain'
The Confederation of Indian Industry (CII) on Sunday urged Indian startups to keep their valuation "realistic" and distinguish between the goals of the organisation and its founder. "Startups may strive for long-term value creation rather than short-term valuations. "The valuations of businesses should be kept as realistic as possible," CII said in its Corporate Governance Charter for Startups.
He said the multi-party committee formed by the Speaker in Himachal Pradesh would discuss all issues about street vending on October 3. Singh's remarks came a day after the Congress top brass chided him over his remarks on mandatory display of names by the street vendors and told him that no one was allowed to go against the party's policies and ideologies.
The Public Accounts Committee of Delhi assembly has started examining the Comptroller and Auditor General's report on the Commonwealth Games, which had indicted Chief Minister Sheila Dikshit and her government for alleged irregularities in the implementation of various projects. In its first meeting on Tuesday, a number of senior officials from the public works department deposed before the nine-member PAC headed by senior Congress member Prahlad Singh Sawhney.
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
A group of onion traders gathered at the Pimpalgaon Agricultural Produce Market Committee (APMC), near Nashik, to inspect one of the season's final harvests of red onions as they look to place their bids. They were surrounded by farmers, who brought their produce here from different parts of the district. Farmers have reasons to be optimistic.
A Congress member in Public Accounts Committee on Friday suggested calling former head of Commonwealth Games Organising Committee Suresh Kalmadi before the Parliamentary panel examining CAG report on games irregularities, but its chairman and BJP leader Murli Manohar Joshi seemed disinclined.
The Supreme Court has sought details from the Allahabad High Court regarding controversial statements made by Justice Shekhar Kumar Yadav at a VHP function. The development comes amid calls for action against the judge for his remarks, which have been labeled as hate speech by some. The judge's statements were made at a VHP function on December 8, where he spoke about the Uniform Civil Code and the law working according to the majority. Several individuals and organizations, including lawyer Prashant Bhushan and CPI(M) leader Brinda Karat, have called for an inquiry into the judge's conduct and for his removal from judicial duties.
With the Public Accounts Committee of Parliament on a questioning spree in 2G spectrum scam case, it has not gone down well with Joint Parliamentary Committee chairman PC Chacko who feels that the PAC has gone beyond its mandate, and wants a 'conflict' to be avoided. Chacko underlined that the PAC's mandate was limited to looking into accounting irregularities in the 2G spectrum allocation as highlighted by the comptroller and auditor general, and it should not give an impres
Freedom At Midnight is a bold attempt to revisit the whole discourse about Partition, its causes, and the predicament under which the Congress leaders accepted it. It perfectly captures the extremely confused and complicated situation to which it seemed the only viable solution, observes Utkarsh Mishra.
Even as Bharatiya Janata Party MPs are boycotting the Joint Parliamentary Committee looking into the 2G spectrum scam, the panel's chairman P C Chacko has ruled out summoning of Prime Minister Manmohan Singh.
The Reserve Bank on Wednesday approved a Rs 2.11 lakh crore dividend payout to the central government for 2023-24, more than double the amount it paid for the previous 2022-23 financial year. The decision was taken at the 608th meeting of the Central Board of Directors of the Reserve Bank of India held under the chairmanship of Governor Shaktikanta Das.
In FY24, the net income generated from Waqf properties fell to about Rs 1.26 crore from Rs 150 crore in FY20.
The bad assets or gross NPAs of commercial banks fell to a 12-year low of 2.8 per cent in March 2024 and may go down further to 2.5 per cent by the end of the current fiscal, said the RBI's Financial Stability Report (FSR) released on Thursday. Scheduled Commercial Banks' (SCBs) gross non-performing assets (GNPA) ratio fell to 2.8 per cent, and the net non-performing assets (NNPA) ratio to 0.6 per cent at the end of March 2024. "The asset quality of SCBs recorded sustained improvement, and their GNPA ratio moderated to a 12-year low in March 2024. Their NNPA ratio too improved to a record low," said the June FSR.
In the first objection from within Congress, Finance Minister Pranab Mukherjee on Sunday said he is not in favour of Prime Minister Dr Manmohan Singh appearing before the Public Accounts Committee on the 2G spectrum issue as he was accountable to the Lok Sabha and "not to any committee".
Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.
Senior Bharatiya Janata Party leader Dr Murli Manohar Joshi indicated that he will not be taking up the 2G spectrum scam in the Public Accounts Committee meeting to be held next week.
With the 2G spectrum issue getting caught in a logjam in the Joint Parliamentary Committee, the Bharatiya Janata Party on Friday sought to bring the matter to the forefront of Parliament's Public Accounts Committee, saying the matter is pending and should be disposed of.
The Congress and the Bharatiya Janata Party have united in their demands, calling for the immediate resignation and arrest of P P Divya, a Communist Party of India-Marxist leader and district panchayat president, who leveled graft accusations against ADM Naveen Babu at his send-off function organised by colleagues at the Kannur district collectorate.
As a controversy rages over the draft report by the Public Accounts Committee on the 2G scam, Parliamentary experts are unanimous that recommendations of a Parliamentary committee has to be accepted or at least "taken seriously" by the government.According to constitutional and parliamentary experts, though the PAC is a recommendatory body, reports of which are not legally binding, traditionally the government has accepted most of the reports submitted by it.
Eleven members of Parliament, including one each from Samajwadi Party and Bahujan Samaj Party, on Thursday demanded rejection of the draft Public Accounts Committee report on the 2G scam, which has indicted former Telecom minister A Raja and made critical observations about Prime Minister Manmohan Singh and Finance minister P Chidambaram.
The Supreme Court on Friday asked the Centre to provide information about the numbers and names reiterated by the apex court Collegium for appointment as judges in higher judiciary with reasons why they were not considered so far and at what level they were pending.
Radia, whose tapped phone conversations with politicians, corporates, bureaucrats, and journalists form a key part of the investigations into the 2G spectrum scam.
Parliament's Public Accounts Committee on Thursday decided to examine the four latest reports of the CAG, including the one on coal block allocation, which are critical of the government.
Noted journalist J Gopikrishan, who broke the 2G spectrum scam on December 11, 2008, has been asked to appear before the Public Accounts Committee on March 8, to assist the committee in its investigations.
The turf war over 2G Scam inquiry has refused to die down with the Joint Parliamentary Committee planning to discuss on Thursday whether the Public Accounts Committee, chaired by senior Bharatiya Janata Party leader Murli Manohar Joshi, has gone beyond its mandate.
Dr Murali Manohar Joshi, chairman of the Public Accounts Committee, has said that the constitution of a Joint Parliamentary Committee to probe the 2G spectrum scam would in no way hamper the job of the PAC that is investigating the massive scam right now.He was reacting to the statement made by Finance Minister Pranab Mukherjee that once the JPC was announced, the ongoing probe by PAC will amount to duplication of work.
Dr Murali Manohar Joshi, chairman of the Public Accounts Committee, told newsmen that the claim made by Kapil Sibal, who holds temporary charge of telecom ministry was contradicted by Central Bureau of Investigation director A P Singh, who appeared before the committee in Parliament.
Senior Bharatiya Janata Party leader Murli Manohar Joshi who heads the Public Accounts Committee in Parliament has said that the prime minister's offer to depose before the committee is being considered. Joshi said that the Comptroller and Auditor General Vinod Rai had not been summoned, but was a partt of the committee's proceedings.
BJP President Nitin Gadkari tells Gyan Varma that there is no disagreement within the party over the issue of a Joint Parliamentary Committee probe into the 2G Spectrum scam.
The government on Monday ruled out making public the RBI report detailing the reasons why the central bank could not keep inflation within the targeted 6 per cent upper limit for the three consecutive quarters. "Yes sir, RBI has furnished a report to the central government, as mandated under Section 45ZN of the RBI Act, 1934 and Regulation 7 of RBI Monetary Policy Committee and Monetary Policy process Regulations, 2016," minister of state for finance Pankaj Chaudhary said in a written reply. The said provisions of the RBI Act, 1934, and regulations therein does not provide for making the report public, he said.
In an interesting turn of events, the Public Accounts Committee Chairman Murli Manohar Joshi summoned two senior editors of newsweeklies to depose before the PAC in connection to the 2G spectrum scam. Vinod Mehta and Manu Joseph, editors of Outlook and Open Magazine respectively were interrogated about the transcripts of the phone conversations that corporate lobbyist Niira Radia had with others, which were carried in their publications.
Joshi was again nominated by his party following which Lok Sabha Speaker Meira Kumar has reappointed him as chairman of PAC which is responsible for conducting the financial audit of various departments and ministries.
The Bharatiya Janata Party on Wednesday took its grievances against Prime Minister Manmohan Singh and Congress-led United Progressive Alliance to President Pranab Mukherjee, demanding his intervention on the coal allocation issue and attacks on a constitutional institution like the Comptroller and Auditor General.
On a day when the Joint Parliamentary Committee into the 2G scam was set up, the Public Accounts Committee Chairman Murli Manohar Joshi said his panel has every authority to ask Prime Minister Manmohan Singh to appear before it.
The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.
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