News for 'Public Accounts Committee'

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.

Uttar Pradesh flood toll rises to 67

Uttar Pradesh flood toll rises to 67

Rediff.com27 Aug 2005

Four more people die in Uttar Pradesh floods, as the overall toll rises to 67.

Debate: Is this a pre-poll gimmick?

Debate: Is this a pre-poll gimmick?

Rediff.com15 Aug 2003

Or do you think there is a realistic chance of the government being brought down?

CVC report: All-party meet fails to end row

CVC report: All-party meet fails to end row

Rediff.com14 Aug 2003

The government refuses to make available the Central Vigilance Commissioner's report on defence purchases to the Public Accounts Committee.

PAC expresses inability to give report on Kargil

PAC expresses inability to give report on Kargil

Rediff.com7 Aug 2003

The committee said the defence ministry had refused to provide the Central Vigilance Commission report on the matter.

PAC issue paralyses Lok Sabha

PAC issue paralyses Lok Sabha

Rediff.com7 Aug 2003

Congress members repeatedly stormed the well raising anti-government slogans forcing Deputy Speaker P M Sayeed to adjourn the House for the day.

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.

8 BJP MLAs quit posts to protest Mukul Roy's appointment as PAC chief

8 BJP MLAs quit posts to protest Mukul Roy's appointment as PAC chief

Rediff.com13 Jul 2021

Leader of Opposition Suvendu Adhikari objected to Roy's elevation, arguing that the MLA, who had crossed over to the ruling Trinamool Congress last month after winning the polls on a BJP ticket, cannot be considered a legislator of the saffron camp.

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.

'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'

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%.

Opposition to boycott Rajya Sabha for rest of sess

Opposition to boycott Rajya Sabha for rest of sess

Rediff.com14 Aug 2003

The boycott is on the issue of government's refusal to part with a CVC report to the Parliament's Public Accounts Committee.

CVC report: Turmoil in Parliament

CVC report: Turmoil in Parliament

Rediff.com13 Aug 2003

The opposition is demanding the defence ministry provide the Central Vigilance Commission's report on arms purchases during the Kargil conflict to the Public Accounts Committee.

CVC report is a secret: Fernandes

CVC report is a secret: Fernandes

Rediff.com9 Aug 2003

The defence minister said it could not be given to the Public Accounts Committee.

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.

'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.'

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.

PAC issue stalls Parliament

PAC issue stalls Parliament

Rediff.com8 Aug 2003

The opposition has been demanding that all the documents relating to the Kargil purchases be tabled in the House and a full discussion be allowed on the issue.

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.

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.

'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.'

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.

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.

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.

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.

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.

'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.'

CAG report on Rafale deal cited by SC not tabled before PAC, claims Rahul

CAG report on Rafale deal cited by SC not tabled before PAC, claims Rahul

Rediff.com14 Dec 2018

Gandhi claimed that if a JPC probe was conducted, names of PM Modi and businessman Anil Ambani will come to the fore.

SC order unnerves India's chartered accountants

SC order unnerves India's chartered accountants

Rediff.com10 Dec 2018

Any act by a chartered accountant that brings disrepute to the profession, whether or not in the professional domain, is open to disciplinary scrutiny and action.

Govt's liabilities rise 2.6% to Rs 150.95 lakh cr in October-December 2022

Govt's liabilities rise 2.6% to Rs 150.95 lakh cr in October-December 2022

Rediff.com1 Apr 2023

The increase reflects a quarter-on-quarter increase of 2.6 per cent in October-December 2022-23. In absolute terms, the total liabilities, including liabilities under the 'Public Account' of the government, jumped to Rs 1,50,95,970.8 crore at the end of December 2022.

Director Ranjith, actor Siddique quit over sexual abuse charges

Director Ranjith, actor Siddique quit over sexual abuse charges

Rediff.com25 Aug 2024

Even as political pressure was building against Ranjith, actor Siddique quit as the general secretary of Association of Malayalam Movie Artists (AMMA) amid voices from within his fraternity seeking his resignation.

'Impractical, cheap stunt': Oppn on one nation, one poll

'Impractical, cheap stunt': Oppn on one nation, one poll

Rediff.com18 Sep 2024

Opposition parties on Wednesday opposed the 'one nation, one election' proposal by calling it impractical and a 'cheap stunt' by the ruling Bharatiya Janata Party.

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.

13 candidates in fray for PNB top job

13 candidates in fray for PNB top job

Rediff.com2 Oct 2024

At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.

Sukhu expands cabinet, but regional imbalance remains

Sukhu expands cabinet, but regional imbalance remains

Rediff.com12 Dec 2023

The one-year-old Himachal Pradesh Cabinet headed by Chief Minister Sukhvinder Singh Sukhu was expanded on Tuesday with the induction of Rajesh Dharmani and Yadvinder Goma as cabinet ministers.

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

Note ban: PAC says PM will not be called

Note ban: PAC says PM will not be called

Rediff.com13 Jan 2017

The decision came after a storm was kicked up by the ruling party members on Thomas' statement earlier this week that the PAC can call the PM to depose on the note ban issue.

Can INDIA bloc replicate LS victory in UP assembly bypolls?

Can INDIA bloc replicate LS victory in UP assembly bypolls?

Rediff.com23 Jun 2024

The Samajwadi Party and Congress have announced that they will contest together under the INDIA bloc.