News for 'Public Accounts Committee'

'India Must Not Support Nepal's Ex-King'

'India Must Not Support Nepal's Ex-King'

Rediff.com17 Apr 2025

'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'

'RBI Not Overly Concerned About GDP'

'RBI Not Overly Concerned About GDP'

Rediff.com6 Dec 2024

'The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.'

How to get more bang for the buck out of field agents

How to get more bang for the buck out of field agents

Rediff.com23 Jan 2025

Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

Rediff.com9 Feb 2024

In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.

No govt committee to probe Adani, Lok Sabha told

No govt committee to probe Adani, Lok Sabha told

Rediff.com13 Mar 2023

The government has not set up any committee to probe allegations a US short seller labelled against the Adani Group, but stock market regulator SEBI is investigating market allegations against the group, the Lok Sabha was informed on Monday. A separate investigation into imports of Indonesian coal by the conglomerate hasn't reached finality, Minister of State for Finance Pankaj Chaudhary said. Lok Sabha saw several questions being put by MPs to the government on the Adani issue, which were replied through written responses by the minister.

Mohanlal quits as AMMA chief amid #MeToo storm in Mollywood

Mohanlal quits as AMMA chief amid #MeToo storm in Mollywood

Rediff.com27 Aug 2024

The new administrative panel would be elected within two months after convening a general body meeting, it said.

Sebi to auction 27 properties of Rose Valley group worth Rs 63.26 crore on Nov 25

Sebi to auction 27 properties of Rose Valley group worth Rs 63.26 crore on Nov 25

Rediff.com16 Oct 2024

Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include flats, buildings, land parcels and hotels located in West Bengal and Bihar, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted on November 25 between 11 am to 1 pm.

Trump picks Fox News host as defence secretary

Trump picks Fox News host as defence secretary

Rediff.com13 Nov 2024

United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.

Mukul Roy appointed PAC chairman in WB assembly

Mukul Roy appointed PAC chairman in WB assembly

Rediff.com9 Jul 2021

BJP's Adhikari said that an opposition MLA is usually appointed as the PAC chairperson following the norm, but the TMC misused that rule to appoint Roy as its chairman.

Was kept in dark on appointment of new CIC: Adhir writes to Prez

Was kept in dark on appointment of new CIC: Adhir writes to Prez

Rediff.com7 Nov 2023

Chowdhury said the voice of the Opposition has been "ignored" and that is not good for democracy.

MeToo in Mollywood: 'Actresses were filmed changing clothes'

MeToo in Mollywood: 'Actresses were filmed changing clothes'

Rediff.com31 Aug 2024

South Indian actress Radhika Sarathkumar on Saturday made a startling claim that objectionable videos of female actors were recorded with hidden cameras inside caravans on the shooting set of a Malayalam film and she had personally witnessed male actors watching it on their mobile phones.

BJP storms to power in Delhi after 26 yrs as AAP bites dust

BJP storms to power in Delhi after 26 yrs as AAP bites dust

Rediff.com8 Feb 2025

The Bharatiya Janata Party on Saturday returned to power in Delhi after more than 26 years to sweep away the Arvind Kejriwal-led Aam Aadmi Party with a two-thirds majority on the back of a hyper localised campaign and Prime Minister Narendra Modi's 'AAP-da'(disaster) blitzkrieg.

'Door Was Locked; I Was Helpless'

'Door Was Locked; I Was Helpless'

Rediff.com26 Aug 2024

'I had sought help but did not receive any support. Nobody was there.'

If Mahua is expelled...: Cong's Adhir Ranjan Chowdhury warns Speaker

If Mahua is expelled...: Cong's Adhir Ranjan Chowdhury warns Speaker

Rediff.com2 Dec 2023

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'.

Adhir, other suspended MPs can't attend Parl panel meetings

Adhir, other suspended MPs can't attend Parl panel meetings

Rediff.com12 Aug 2023

Congress leader in Lok Sabha Adhir Ranjan Chowdhury and some other MPs suspended from Parliament will not be able to attend the meetings of parliamentary committees of which they are a member or chairperson till their suspension is revoked.

Cong questions poll integrity; Kharge talks tough on loss in CWC meet

Cong questions poll integrity; Kharge talks tough on loss in CWC meet

Rediff.com30 Nov 2024

Congress president Mallikarjun Kharge has called for tough decisions and unity within the party after the Congress suffered electoral defeats in Maharashtra and Haryana. In a meeting with top party leaders, Kharge highlighted the need to strengthen the organization from the grassroots, fix accountability, and address internal bickering. He also urged leaders to remain united and avoid public criticism of each other. The Congress chief expressed concern over the party's performance in state elections despite a strong showing in the Lok Sabha polls earlier this year. He acknowledged the need to learn from the setbacks and improve the party's strategy and communication to counter its rivals' propaganda.

Growth Or Inflation? What Will RBI Gov Tackle?

Growth Or Inflation? What Will RBI Gov Tackle?

Rediff.com11 Dec 2024

Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.

'Wake up, act': Delhi HC to administration on coaching centre deaths

'Wake up, act': Delhi HC to administration on coaching centre deaths

Rediff.com17 Sep 2024

It is time for the administration to wake up from 'deep slumber' and take appropriate steps to address the condition of Delhi's coaching centres, the Delhi high court has said, while granting interim bail till November 30 to four co-owners of the basement of an Old Rajinder Nagar building that housed a coaching centre where three civil services aspirants drowned in July.

'Conduct Of Elections Has Become Suspicious'

'Conduct Of Elections Has Become Suspicious'

Rediff.com18 Dec 2024

'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.'

'Who Does Not Want To Be Prime Minister?'

'Who Does Not Want To Be Prime Minister?'

Rediff.com27 Dec 2024

'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.'

Maharashtra farmers seek better pricing for produce

Maharashtra farmers seek better pricing for produce

Rediff.com20 Nov 2024

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.

SC takes note of Allahabad HC judge's remark at VHP event

SC takes note of Allahabad HC judge's remark at VHP event

Rediff.com11 Dec 2024

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.

'Individuals focused on monetary gain': P T Usha hits back

'Individuals focused on monetary gain': P T Usha hits back

Rediff.com29 Sep 2024

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'

Not following UP model, told party: Vikramaditya Singh

Not following UP model, told party: Vikramaditya Singh

Rediff.com28 Sep 2024

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.

Why You Must Watch Freedom at Midnight

Why You Must Watch Freedom at Midnight

Rediff.com15 Nov 2024

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.

Mahatma Carter

Mahatma Carter

Rediff.com9 Jan 2025

Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.

TMC's Mukul Roy arrives in Delhi after family's 'untraceable' claim

TMC's Mukul Roy arrives in Delhi after family's 'untraceable' claim

Rediff.com18 Apr 2023

Although Roy has remained tightlipped about the agenda of his visit, the political circles in West Bengal were abuzz with speculations over his next political move.

CII asks startups to keep their valuations 'as realistic as possible'

CII asks startups to keep their valuations 'as realistic as possible'

Rediff.com29 Apr 2024

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.

Rahul's Expulsion And The Casualties

Rahul's Expulsion And The Casualties

Rediff.com7 Apr 2023

One fallout of Rahul Gandhi's disqualification will be reflected in the Opposition's role in Parliament and related institutions.

Waqf Property Income Falls 99%

Waqf Property Income Falls 99%

Rediff.com29 Aug 2024

In FY24, the net income generated from Waqf properties fell to about Rs 1.26 crore from Rs 150 crore in FY20.

Kerala ADM's suicide amid graft charges sparks political turmoil

Kerala ADM's suicide amid graft charges sparks political turmoil

Rediff.com16 Oct 2024

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.

Banks' gross NPAs at 12-yr low, may fall further to 2.5%

Banks' gross NPAs at 12-yr low, may fall further to 2.5%

Rediff.com27 Jun 2024

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.

How many judges' appointment is pending with you, SC asks govt

How many judges' appointment is pending with you, SC asks govt

Rediff.com20 Sep 2024

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.

RBI approves highest-ever dividend of Rs 2.11 lakh crore to govt

RBI approves highest-ever dividend of Rs 2.11 lakh crore to govt

Rediff.com22 May 2024

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.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

If you've nothing to hide, appear before JPC: BJP to PM

If you've nothing to hide, appear before JPC: BJP to PM

Rediff.com1 Apr 2013

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".

Rafale verdict: Centre files application to correct factual error

Rafale verdict: Centre files application to correct factual error

Rediff.com15 Dec 2018

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.

Goa Cong members refuse to sign PAC report on illegal mining

Goa Cong members refuse to sign PAC report on illegal mining

Rediff.com4 Oct 2011

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.

South East Asia-based gangs behind surge in cybercrimes in India: Govt

South East Asia-based gangs behind surge in cybercrimes in India: Govt

Rediff.com23 May 2024

The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.

He has damaged Indian football: Bhutia blasts AIFF chief

He has damaged Indian football: Bhutia blasts AIFF chief

Rediff.com14 Oct 2024

Should not entertain him, must be removed: Bhaichung Bhutia criticises AIFF president Kalyan Chaubey for corruption, mismanagement